Job Description

The Senior Manager, Audit Services is responsible for conducting, and managing financial and operational process reviews for the 8 hospitals, the school of medicine and physician practice network of the Mount Sinai Health System. The incumbent will analyze the effectiveness and efficiency of systems, processes and procedures in relation to improving internal controls, identifying cost reduction, improving operational and business processes and identifying/implementing revenue enhancement opportunities. The Senior Manager must have the ability to assist the Audit leadership team in bringing together the Organizations' management to facilitate corrective action plans that incorporate the identification of economies of scale, cost-reductions and benchmarking strategies. The Senior Manager of Audit will also assist the Health System’s external auditor in completing the year-end financial statement audit, assist internal legal counsel by providing litigation support services and other similar consultative activities.

Qualifications

• College Degree (major in Accounting, Business Administration/Management, Health Care Administration)

• Four years of comprehensive business experience, preferably within a healthcare institution, major accounting firm or other healthcare, service-related industry or equivalent experience.

• CPA, CIA license not required but preferred (MBA, MPA, MHA or MPA helpful)

, 514 - Audit Services Dept - MSH, Mount Sinai Hospital

Responsibilities

1. Assumes responsibility of and performs assigned scheduled audits, special projects and investigations in a professional manner and in accordance with approved programs, operating standards and established time frames, as requested.

2. Assists the External Auditors with the year-end financial statement audit by performing tests of controls, substantive testing of assigned accounts and performance of the full financial statement audit of real estate and other Health System subsidiary audits.

3. Keeps abreast of professional, regulatory, and health care regulations that impact the Health Care industry and the audit and compliance function thereof.

4. Ability to work on multiple reviews simultaneously, ensuring the completion of assignments within established time frames without jeopardizing the quality of the review.

5. Presents audit findings to area leadership and the Health System Senior Leadership team.

6. Ability to function comfortably and collaborate effectively in a team-structured environment.

7. Has the ability to improve the process flow of operational and/or financial areas under review and to provide value-added services to the Health System through creative and practical solutions.

8. Uses a consultative, business-like approach in the assigned reviews.

9. Documents processes via descriptive narratives that are also used to identify key internal controls, process deficiencies and opportunities for improvement.

10. Interviews auditees and department members to in a comprehensive and professional manner utilizing a collaborative approach.

11. Plans audit engagements; prepares appropriate and comprehensive audit work papers, conducts research, testing and analyses with minimal direction and supervision.

12. Conducts sufficient research for each area to establish a knowledge base in order to identify key internal control elements of the operation/process under review.

13. Evaluates and determines areas of risk and appraises their significance in relation to the assigned environment and keeps leadership apprised timely of these developments.

14. Evaluates the effectiveness of operational processes and systems through applications of healthcare knowledge, as well as an understanding of the business environment and appropriate internal control techniques.

15. Prepares workpapers which document and support the scope of the review, audit program and fieldwork conclusions, according to departmental and professional standards.

16. Reports audit findings and makes innovative recommendations to correct unsatisfactory conditions and improve operations.

17. Prepares draft and final reports according to departmental standards.

18. Attends the final exit conference with management of the audit area to resolve report changes, facts, etc. and obtains the implementation schedule information necessary to prepare the final report.

19. Assists the External Auditors with the year-end financial statement audit by performing tests of controls, substantive testing of assigned accounts and performance of the full financial statement audit of real estate and other Health System subsidiary audits.

20. Performs other assignments as requested by the Vice President of Audit & Compliance Services.

21. Keeps abreast of technological advances and extensively utilizes computerized audit techniques to perform comprehensive, analytical reviews to identify areas of operational risk, weakness and exposure from a global perspective and the timely completion of the assigned projects.

22. Keeps abreast of professional, regulatory, and health care regulations that impact the Health Care industry and the audit and compliance function thereof.

23. Ability to work on multiple reviews simultaneously, ensuring the completion of assignments within established time frames without jeopardizing the quality of the review.

24. Performs complex audit tasks which could have potential material financial and regulatory exposure.

25. Makes oral or written presentations to area management during and at the conclusion of the review, discussing deficiencies and recommended solutions to improve operations, increase revenues and reduce costs.

About Us

Strength Through Diversity

The Mount Sinai Health System believes that diversity, equity, and inclusion are key drivers for excellence. We share a common devotion to delivering exceptional patient care. When you join us, you become a part of Mount Sinai’s unrivaled record of achievement, education, and advancement as we revolutionize medicine together. We invite you to participate actively as a part of the Mount Sinai Health System team by:

• Using a lens of equity in all aspects of patient care delivery, education, and research to promote policies and practices to allow opportunities for all to thrive and reach their potential.

• Serving as a role model confronting racist, sexist, or other inappropriate actions by speaking up, challenging exclusionary organizational practices, and standing side-by-side in support of colleagues who experience discrimination.

• Inspiring and fostering an environment of anti-racist behaviors among and between departments and co-workers.

At Mount Sinai, our leaders strive to learn, empower others, and embrace change to further advance equity and improve the well-being of staff, patients, and the organization. We expect our leaders to embrace anti-racism, create a collaborative and respectful environment, and constructively disrupt the status quo to improve the system and enhance care for our patients. We work hard to create an inclusive, welcoming and nurturing work environment where all feel they are valued, belong and are able to advance professionally.

Explore more about this opportunity and how you can help us write a new chapter in our history!

“About the Mount Sinai Health System:

Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with more than 43,000 employees working across eight hospitals, more than 400 outpatient practices, more than 300 labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time — discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it. Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients’ medical and emotional needs at the center of all treatment. The Health System includes approximately 7,400 primary and specialty care physicians; 13 joint-venture outpatient surgery centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida; and more than 30 affiliated community health centers. We are consistently ranked by U.S. News & World Report's Best Hospitals, receiving high "Honor Roll" status, and are highly ranked: No. 1 in Geriatrics and top 20 in Cardiology/Heart Surgery, Diabetes/Endocrinology, Gastroenterology/GI Surgery, Neurology/Neurosurgery, Orthopedics, Pulmonology/Lung Surgery, Rehabilitation, and Urology. New York Eye and Ear Infirmary of Mount Sinai is ranked No. 12 in Ophthalmology. U.S. News & World Report’s “Best Children’s Hospitals” ranks Mount Sinai Kravis Children's Hospital among the country’s best in several pediatric specialties. The Icahn School of Medicine at Mount Sinai is ranked No. 14 nationwide in National Institutes of Health funding and in the 99th percentile in research dollars per investigator according to the Association of American Medical Colleges. Newsweek’s “The World’s Best Smart Hospitals” ranks The Mount Sinai Hospital as No. 1 in New York and in the top five globally, and Mount Sinai Morningside in the top 20 globally.

The Mount Sinai Health System is an equal opportunity employer. We comply with applicable Federal civil rights laws and does not discriminate, exclude, or treat people differently on the basis of race, color, national origin, age, religion, disability, sex, sexual orientation, gender identity, or gender expression. We are passionately committed to addressing racism and its effects on our faculty, staff, students, trainees, patients, visitors, and the communities we serve. Our goal is for Mount Sinai to become an anti-racist health care and learning institution that intentionally addresses structural racism.”

EOE Minorities/Women/Disabled/Veterans

Compensation Statement

Mount Sinai Health System (MSHS) provides a salary range to comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $106108 - $150000 Annually. Actual salaries depend on a variety of factors, including experience, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.