Senior Director, Accounting-Corporate-Full Time, Days
About the role
The Senior Director of Finance is responsible for the direction and coordination of all financial activities for departments or divisions, including the preparation of operational budgets, monitoring fiscal operations for adherence to institutional policies, and developing organizational policies and guidelines related to budget and payroll. This leadership position oversees Financial Managers, Management Analysts, and other finance-related personnel, focusing on budgeting (operations and capital), financial reporting, and revenue cycle optimization.
Responsibilities
- Provides financial oversight, controls, procedures, and practices.
- Develops, implements, and manages operational budgets, grants, contracts, endowments, gifts, and faculty practice revenues in compliance with internal and external regulations.
- Approves financial transactions for the department.
- Leads the development, implementation, and monitoring of financial plans aligned with strategic initiatives and operational priorities.
- Oversees financial reporting, analysis, forecasting, and business planning.
- Develops solutions to improve current business processes.
- Establishes and maintains effective internal controls.
- Manages global budget submission for the department and monthly budget monitoring.
- Implements corrective action plans to meet financial goals.
- Analyzes key programs to determine financial feasibility.
- Develops and manages processes for the annual review of time and effort, productivity, and funding for faculty.
- Supervises staff, including recruitment, performance reviews, and termination.
- Engages in strategic planning aligned with organizational goals to drive market growth, revenue enhancement, cost containment, and productivity.
- Approves all human resources transactions for the department.
- Develops and maintains a sound financial model, including new overhead allocation and service line profit and loss statements.
- Negotiates institutional budgetary support for operational activities, recruitment packages, capital procurement, and facility improvements.
- Collaborates with Chairs and Vice Chairs to promote the department’s mission.
- Develops and implements long-range strategic and financial plans to ensure continued financial health for teaching, research, and clinical care missions.
- Performs other related duties as assigned.
Requirements
- Bachelor’s degree in Finance or a Business-related field; Master’s degree preferred.
- 10 years of progressively responsible experience in finance or accounting, including budgeting, financial forecasting, financial modeling, planning, organizing, and managing multiple financial activities.
- Big 4 accounting experience is a plus.
- CPA certification is a plus.
About the Employer
The Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with over 48,000 employees across eight hospitals, more than 400 outpatient practices, 300 labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people by tackling complex healthcare challenges through innovation, research, and education. The system integrates hospitals, labs, and schools to provide comprehensive care from birth through geriatrics, leveraging cutting-edge approaches like artificial intelligence and informatics while prioritizing patients' medical and emotional needs.
Mount Sinai is consistently ranked among the top hospitals by U.S. News & World Report, including high "Honor Roll" status, and is recognized for excellence in specialties such as Geriatrics, Cardiology, Neurology, Orthopedics, and more. The Icahn School of Medicine at Mount Sinai is a leader in National Institutes of Health funding and research. The organization is committed to fostering an inclusive environment where all employees feel valued, respected, and empowered to grow.
Pay
The salary range for this role is $186,005 - $279,007 annually. Actual salaries depend on experience, education, and operational need. This range does not include bonuses, incentive pay, or other forms of compensation or benefits.