The Ohio State University Wexner Medical Center · 18 hours ago
Finance Manager
The Ohio State University Wexner Medical Center is seeking a Finance Manager to oversee the financial operations of the Department of Psychiatry. The role involves directing financial activities, managing budgets, and providing strategic recommendations to department leadership.
Health CareHospitalMedical
Responsibilities
Directs, leads and manages the financial operations of the Department of Psychiatry within the College of Medicine (COM), and the Faculty Group Practice (FGP)
Makes decisions, develops implementation strategies and provides guidance for all financial activities and day-to-day financial operations for all funds within the Department of psychiatry including research, endowment, development, contract, academic enrichment, state contract funds, clinical revenue and all expenditures
Directs, develops, implements and administers the annual budget process for clinical, research and education with the Department Leadership
Collaborates with the Department, COM and Ohio State University Physicians (OSUP) finance for budgeting, accounting, accruals, and reporting for consolidated expenditures
Manages health system operating support, medical center investment dollars, COM research & education investment, clinical revenue, and operating dollars
Analyzes, develops and makes recommendations on funding models
Presents recommendations for changes and/or improvements in monetary control and adherence to budgets
Analyses new revenue streams and opportunities for cost reductions and presents to department leadership
Participates in short and long-range planning activities and forecasting with Department Leadership
Advises and makes recommendations on fiscal and budget matters to leadership
Manages financial reconciliation, accounting, and purchasing processes
Approves financial activity for the College as delegated including, but not limited to, purchases, journals, transfers, travel, etc
Manages college policy exceptions in accordance with established College and University policies and guidelines and reviews for appropriateness
Performs analysis of revenue and expenditures and produces financial statements, variance analysis reports, and scorecards
Provides expert advice to resolve financial and budgetary issues
Ensures adherence to appropriate internal control structures and compliance with University, COM, and Medical Center policies and procedures, state and federal regulations
Develops and implements policies and procedures to ensure effective systems for budget and fiscal management to meet internal and external audit requirements
Recruits, hires, trains, manages, coaches, and evaluates department fiscal personnel
Represents the department at various business meetings
Qualification
Required
Bachelor's degree or equivalent experience
5 years of relevant experience required
Ensures adherence to appropriate internal control structures and compliance with University, COM, and Medical Center policies and procedures, state and federal regulations
Develops and implements policies and procedures to ensure effective systems for budget and fiscal management to meet internal and external audit requirements
Recruits, hires, trains, manages, coaches, and evaluates department fiscal personnel
Preferred
Advanced degree in relevant field may be desirable
8-12 years of relevant experience preferred
Company
The Ohio State University Wexner Medical Center
The Ohio State University Wexner Medical Center is personalizing health care to meet the needs of each patient. It is a sub-organization of The Ohio State University.
Funding
Current Stage
Late StageRecent News
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