Reporting to the Director of Finance and Strategic Business Planning, the Finance Manager of the shared
Finance team supporting the Departments of Otolaryngology-Head & Neck Surgery and Urology manages
the day-to-day financial transactions and special projects in both Departments. He/she will also supervise
the shared Finance team office personnel; review and approve financial transactions; manage the monthly,
quarterly, and annual closing process; manage and distribute monthly reports and physician and
department-level P&Ls; participate in revenue and expense reconciliation; participate in the quarterly and
annual budget process; and monitor actual results to budgets. This position is a hands-on finance
management position that requires a detailed understanding of various aspects of finance operations at
the line item level.
In partnership with the Director of Finance and Strategic Business Planning, the Finance Manager prepares
business plans to support the justification of faculty recruitments, the sustainability of new business
opportunities, and specialty projects. Manages FMV modeling efforts to assist the Director in the evaluation
of new ventures. Provides strategic financial planning and forecasting by capturing and analyzing data to
inform financial decisions and recommendations to the Director.
Participates in the quarterly and annual budget process under the direction of the Director. Continuously
monitor actuals versus budget expenditures to identify problematic trends for further analysis. Performs
quarterly variance analysis for the controller's office. Serve as the initiator for budget tool entries.
Manages the bank reconciliation process to ensure accuracy and timeliness. Serve as primary reviewer and
Partners with the Director of Finance and Strategic Business Planning to execute ad hoc information
requests and analyses, and to discuss exceptional inquiries/decisions that routinely arise (e.g. large
equipment purchases or complex refund requests). Manages the departmental P&L reporting initiatives to
include reporting by physician, division, site, mission, and Department. Partners with Director of Revenue
Cycle to prepare wRVU reports for Director of Finance review.
Directly supervises staff involved in the procurement process and works closely with other departmental
supervisors as appropriate to ensure that all staff engaged in procurement and accounts payable activities
are properly trained and that purchasing takes place smoothly and in a compliant manner. Ensures timely
reporting, compliance, and best practices are adhered to within the procurement function. Serves as the
primary approver for the following ARC transactions: travel and business expense reports (TBERS),
vouchers, check requests, purchase requisitions, office and clinical supplies ordering, cash deposits and
pcard transactions. Partnering with Development, initiate donor-sourced gift deposits.
Manages monthly, quarterly, and year-end close processes. Monitor fund balances to prevent overdrafts.
Reconciles and allocates hospital pass-through funding, ACGME support, and special revenue/funding to
ensure compliance with expenditures. Acts as the department's primary approver for ARCITFs. Prepare
quarterly accrual reports. Serve as the departmental expert resource on financial transaction process as
well as policy compliance and good accounting practices.
Partner with the Director in regards to hiring, training, supervising, and professional development of
Financial Analysts. Arrange coverage for financial functions during staff absences as needed to ensure the
smooth operation of financial functions.
Collaborate closely with various central finance offices within the University to ensure compliance with all
internal and external regulations, guidelines, and deadlines. Performs audits of financial functions at regular
intervals to ensure quality control
Bachelor's degree or equivalent in training, education and/or experience plus at least four (4) years of
Master's Degree in Healthcare Finance, Accounting, or Business Administration preferred. Minimum four
(4) years of experience in a large complex academic medical setting; accounts payable or related
processing/coordination functions essential; strong analytical and organizational skills; strong interpersonal
skills to effectively manage subordinates and provide excellent service to varied internal clients,
management groups and vendors; ability to analyze and coalesce data from multiple systems and present
it in a concise and straightforward format; ability to identify solutions to complex problems; cutting edge
skills with financial systems including spreadsheet preparation and presentation; self-starter with ability to
manage multiple priorities in a fast-paced environment and work independently. Excellent customer
Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local residents.
Internal Number: 504634
About Columbia University
Columbia University is one of the world's most important centers of research and at the same time a distinctive and distinguished learning environment for undergraduates and graduate students in many scholarly and professional fields. The University recognizes the importance of its location in New York City and seeks to link its research and teaching to the vast resources of a great metropolis. It seeks to attract a diverse and international faculty and student body, to support research and teaching on global issues, and to create academic relationships with many countries and regions. It expects all areas of the university to advance knowledge and learning at the highest level and to convey the products of its efforts to the world.