Manager, Financial Planning

Location

Edison, NJ | United States

Job description

Our team members are the heart of what makes us better. 

At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community. 

Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

The Manager, Financial Planning manages day-to-day activities in the organization's business development and corporate planning functions. Job responsibilities include assisting business development opportunities, which may include potential investments, acquisitions of physician practices, joint ventures, management service agreements (MSA), service line development and partnerships.

A day in the life of a Manager of Financial Planning with Hackensack Meridian Health includes:

• Assists Senior Management in business development strategies; Coordinates with outside independent valuation specialists on fair market value and commercial reasonableness of transactions; Works closely with the Legal Department, Executive Office, and the Office of the Chief Medical Officer.
• Reviews/Performs financial forecasting, Feasibility and/or sensitivity analysis by analyzing trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses.
• Prepares proposals or presentations demonstrating the potential value of new business opportunities.
• Lead and assist senior management with the preparation of the 5-year rolling capital formation plan.
• Track performance against business plans to explain variations from the plan and follow-up analyses for leaders to utilize for operational improvement.
• Assists in building monthly analysis including but not limited to productivity, charges vs. cost analysis, etc. and works with Business Intelligence department to standardize within Oracle BI.
• Supervises, trains, assists, reviews, and provides back-up support to Finance Managers and Staff, and promotes continuous quality improvement.
• Adheres to HMH's Organizational and Managerial competencies and standards of behavior.

Education, Knowledge, Skills and Abilities Required:

• Bachelor's level degree in Accounting, Finance, Business Administration or other related field.
• Minimum of 7 years of progressive experience in financial planning and analysis.
• Strong knowledge of GAAP (Generally Accepted Accounting Principles).
• Strong knowledge of not-for-profit accounting.
• Must be highly computer literate, including advanced use of Excel.
• Must be willing to roll up sleeves / hands on.
• Must be able to establish effective working relationships with Senior Management and Staff at all levels of the organization.

Education, Knowledge, Skills and Abilities Preferred:

• Master's Degree in Business Administration (MBA) or other related field.
• Experience in consolidations of a multi-subsidiary or multi-unit organization.

If you feel that the above description speaks directly to your strengths and capabilities, then please apply today!

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