SUNY Downstate Health Sciences University · 14 hours ago
Staff Associate / Financial Coordinator
Brooklyn, NY
Full-time
Onsite
Entry Level
1+ years expSUNY Downstate Health Sciences University is one of the nation's leading metropolitan medical centers and is seeking a full-time Staff Associate / Financial Coordinator for the Department of Psychiatry and Behavioral Sciences. The role involves managing financial information, preparing reports, supporting budgeting and forecasting, and ensuring compliance with institutional policies and regulations.
Health CareHospital
Responsibilities
Manage and maintain all financial information and budget data for the department. Account and budget management include but are not limited to the college of Medicine, University Hospital at Downstate, Research Foundation, University Physicians of Brooklyn and Health Sciences Center of Brooklyn Foundation
Collect, analyze, and interpret financial data related to departmental operations, including clinical services, private practice, grants, and educational programs
Prepare monthly, quarterly, and annual financial reports for departmental leadership
Monitor revenue streams, expense trends, and budget variances to identify opportunities for cost savings and revenue optimization
Maintain accurate book-keeping, general ledger. accounts payable and receivables
Assist with tax preparation and filing
Manage various accounting, charge capture and patient management systems
Support the preparation of annual, divisional and multi-year budgets, including financial projections, cost analyses, and expenditure tracking
Conduct regular variance analysis to monitor budget-to-actual performance and recommend corrective actions or process improvements
Collaborate with leadership to align financial planning with strategic goals
Support grant budgeting and post-award financial management in coordination with research administration
Collaborate with internal and external auditors to coordinate and prepare audit-ready documentation and reconcile financial data
Track and analyze productivity metrics, billing data, and reimbursement trends across inpatient, outpatient, and consultation-liaison services
Evaluate financial performance of academic and training programs, including residency and fellowship funding
Support business planning for new initiatives, such as inpatient psychiatry expansion or telepsychiatry services
Manage departmental financial systems
Ensure financial practices comply with institutional policies, federal regulations, and grant requirements
Ensure the integrity and accuracy of financial data across multiple systems, improving efficiency in data collection, reconciliation, and reporting processes
Maintain accurate and secure financial databases and dashboards
Manage physician malpractice coverage
Partner with departmental leadership, hospital finance, and institutional planning teams to support decision-making
Liaise with internal and external departments and affiliate organizations to collect, validate, interpret and report financial and compliance-related data
Present findings and recommendations to stakeholders in clear, actionable formats
Qualification
Required
Bachelor's Degree in Accounting, Finance, Business Analytics, or related discipline
1+ year of financial or accounting experience
Strong analytical, written, and verbal communication skills
Or, a satisfactory equivalent combination of experience, education and training to the above
Preferred
Experience supporting academic, clinical or practice financial operations
Experience with SUNY, Research Foundation, or New York State fiscal reporting systems
Familiarity with Oracle, Power BI, or Tableau for visualization and data integration
Company
SUNY Downstate Health Sciences University
Downstate Health Sciences University is one of the leading urban medical center.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
David H Berger, MD, MHCM
Chief Executive Officer
George Buckley III, MBA, MPH
Musculoskeletal, Orthopaedics & Rehabilitation Medicine Service Line Director (CEO Direct Report)
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