Senior Financial Business Manager

Job Details

The Senior Business Manager performs administrative and analytical functions in support of the Hospital, University, RACE and Clinical Practice management activities for the Department of Radiology. This position plays a central role in ensuring the Department’s financial integrity through budget preparation in Hyperion, monitoring, analyzing, and reporting financial and statistical data. Prepares all supporting budget schedules and performs budget reconciliation and analysis. Prepares and updates financial forecasts, explaining budget variances, on an ongoing basis.

The incumbent provides the Department Chair and Administrator with support to fully develop budget plans and practice management strategies in accordance with established guidelines; and collects data and develops reports necessary for financial and operations management. Serves as liaison to the Department’s divisional business managers and administrative staff. Answers questions regarding financial statements, management reports and budgets. Facilitates the resolution of financial problems with other University departments including the Controller’s Office, College Finance, JUP, Human Resources, etc.

Job Description

• Interacts with co-workers, visitors, and other staff consistent with the values of Jefferson
• Prepare departmental budgets using Workday, including schedules and reconciliation.
• Monitor and analyze financial and statistical data; report variances and trends, initiating follow up as appropriate.
• Develop and update financial forecasts; explain budget variances to leadership.
• Support strategic planning and practice management initiatives.
• Oversee clinical practice accounts and JUP-related financial transactions (e.g., deposits, subcontracts, IDTs, oversight of expense report reconciliation for physicians.
• Review monthly financial statements and report budget variances.
• Assist with year-end bonus calculations and RVU/scorecard analysis.
• Departmental oversight of faculty compensation plan ensuring accurate accruals and managing annual salary surveys and audits.
• Manage faculty salary data in MyTime, including pension, leave audits, and wage tax coding.
• Oversight of purchasing processes.
• Manage University and grant-related financial transactions (e.g., deposits, IDTs, purchases) incollaboration with academic finance and RACE.
• Approve research-related activities.
• Facilitate resolution of financial issues with University departments (e.g., Controller’s Office, College Finance, JUP, HR) as well as payroll.
• Collaborate with the Office of International Affairs on visa-related matters.
• Other duties as assigned.

Education and Experience:

Bachelor’s degree in Business Administration, Finance, Accounting, Healthcare Administration, or a related field is required. Master’s degree is strongly preferred

Minimum of 5–7 years of progressively responsible experience in financial management, budgeting, and administrative operations, preferably in a healthcare, academic, or research setting.

Work Shift

Workday Day (United States of America)

Worker Sub Type

Regular

Employee Entity

Jefferson University Physicians

Primary Location Address

132 S 10th Street, Philadelphia, Pennsylvania, United States of America

Nationally ranked, Jefferson, which is principally located in the greater Philadelphia region, Lehigh Valley and Northeastern Pennsylvania and southern New Jersey, is reimagining health care and higher education to create unparalleled value. Jefferson is more than 65,000 people strong, dedicated to providing the highest-quality, compassionate clinical care for patients; making our communities healthier and stronger; preparing tomorrow's professional leaders for 21st-century careers; and creating new knowledge through basic/programmatic, clinical and applied research. Thomas Jefferson University, home of Sidney Kimmel Medical College, Jefferson College of Nursing, and the Kanbar College of Design, Engineering and Commerce, dates back to 1824 and today comprises 10 colleges and three schools offering 200+ undergraduate and graduate programs to more than 8,300 students. Jefferson Health, nationally ranked as one of the top 15 not-for-profit health care systems in the country and the largest provider in the Philadelphia and Lehigh Valley areas, serves patients through millions of encounters each year at 32 hospitals campuses and more than 700 outpatient and urgent care locations throughout the region. Jefferson Health Plans is a not-for-profit managed health care organization providing a broad range of health coverage options in Pennsylvania and New Jersey for more than 35 years.    

Jefferson is committed to providing equal educa­tional and employment opportunities for all persons without regard to age, race, color, religion, creed, sexual orientation, gender, gender identity, marital status, pregnancy, national origin, ancestry, citizenship, military status, veteran status, handicap or disability or any other protected group or status. 

Benefits

Jefferson offers a comprehensive package of benefits for full-time and part-time colleagues, including medical (including prescription), supplemental insurance, dental, vision, life and AD&D insurance, short- and long-term disability, flexible spending accounts, retirement plans, tuition assistance, as well as voluntary benefits, which provide colleagues with access to group rates on insurance and discounts. Colleagues have access to tuition discounts at Thomas Jefferson University after one year of full time service or two years of part time service. All colleagues, including those who work less than part-time (including per diem colleagues, adjunct faculty, and Jeff Temps), have access to medical (including prescription) insurance.

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