Director of Financial Planning

Location US-NY-New York
Posted Date 2 months ago(12/26/2017 2:16 PM)
Job ID
Emp Status
Regular Full-Time
Hours per Week



The Director of Financial Planning will report to the Vice President of Budget & Financial Forecasting. He/she will also work closely with the Sr. Vice President of Financial Operations, Chief Financial Officer, other members of Finance management, and senior leadership and management throughout HSS.

The Director will direct and guide all processes and initiatives related to the five year financial forecasts for the hospital. He/she will assess the current processes for forecast development and monitoring and will implement process enhancements in furtherance of strategic goals.

He/she will be have deep knowledge of, and direct the creation of, every component of HSS’s financial forecasts, including but not limited to: income statements for all divisions/entities, balance sheets, capital budgets, strategic initiatives, and volume/patient revenue. 


RESPONSIBILITIES: The specific responsibilities include, but are not limited to:

  • Develop an extensive understanding of the hospital, its strategy and mission, its operations and finances, and its integrated strategic financial plan.
  • Manage the annual forecasting process to include:
    • Development and management of all financial models and supporting analysis
    • Developing and executing detailed timelines
    • Preparing meeting agendas and presentations
    • Preparing final documents for the Board
  • Evaluate capabilities of IBM budget system and other potential software tools, and develop world class, interactive, and comprehensive forecasting tool.
  • Streamline forecasting process and integrate with key stakeholders throughout the organization.
  • Educate, empower and engage management throughout the organization on the key drivers of HSS’s financial forecasts and the importance of their involvement and expertise.
  • Manage all projects through a systematic approach that translates work plans into deliverables, with measurable outcomes, on a timely and cost-effective basis.
  • Stay current on developments in hospital/healthcare finance and industry dynamics; anticipate changes and their corresponding impact on the department/organization; provide strategic counsel and new thinking that adds value to the institution.
  • Establish best practices; improve processes, systems, and methods of work to achieve the highest level of productivity and service to all constituents.
  • Establish strong working relationships with financial leadership and colleagues and key personnel of interfacing departments, as well as other HSS departments and staff.


  • A bachelor’s degree in accounting/finance or other relevant specialty is required. MBA or other advanced degrees are desirable, but not required.




  • Solid experience (4+ years) of hospital finance experience is required (forecasting preferred). Experience in a successful, dynamic and growing organization is highly desirable. 
  • Capable of quickly gaining a strong understanding of the operations and finances of the hospital and its integrated strategic plan.
  • Technology and system savvy. Strong Excel, Word, and PowerPoint skills. IBM TM1 experience preferred.
  • Strong financial, analytical, and problem-solving skills. Experience resolving issues through innovative problem solving and solution development.
  • “Big-picture” thinker, with ability to carry out high-level analyses and relate findings to strategic goals.
  • Possesses a continuous-improvement mind-set. Tackles challenges and issues with a fresh approach; is creative and thinks “out of the box.”
  • Detailed, thorough, well organized and disciplined, with the ability to proactively manage multiple priorities/projects and meet tight deadlines.
  • Outstanding written and oral communication skills; good listening capability; skilled at clearly and concisely communicating with all constituencies; can structure and effectively lead business meetings.
  • Exceptional interpersonal skills; success at cultivating strong relationships with internal and external stakeholders and creating partnerships at all levels within the organization.
  • Highly confident, results-driven person. Focused on achieving the goals of the organization.
  • Unquestionable personal integrity. Exudes credibility and professionalism. Very likeable. Quickly builds confidence in others. Team player and understands his/her role in relationship to others.
  • A highly committed individual, with the necessary drive and stamina to respond to the demands of the institution and work collaboratively to achieve results.



The compensation and comprehensive benefit package is competitive.


Hospital for Special Surgery (HSS) was founded in 1863 and is recognized as a world leader in musculoskeletal medicine. Though located in New York City, HSS treats patients from throughout the New York City Metropolitan Area, New York State, the United States, and over 90 countries who seek its internationally recognized specialized care. HSS has 215 beds and 39 operating rooms and performs more than 32,000 surgeries per year. In addition, it handles more than 400,000 non-surgical outpatient visits annually. It is an affiliate of the New York-Presbyterian Healthcare System and Weill Cornell Medical College. It has one of the most sought-after residency programs and its graduates hold prominent positions in hospitals throughout the country.


HSS has been a leader in pioneering new procedures, including: pioneering the modern total knee replacement; designing a revolutionary fiber optic probe for distinguishing healthy and diseased cartilage during surgery; developing new imaging protocols for MRI evaluation of cartilage; pioneering the development of minimally invasive spine surgery techniques that eliminate the need for spinal fusion; perfecting surgical techniques for minimally invasive hip and knee procedures, minimizing hospital stays for qualified patients; and leading the world in the application of regional anesthesia techniques.


The Hospital’s research division occupies an influential position in the world of musculoskeletal science. A major goal of the research division is to foster translational research through the establishment of teams that bring clinicians and basic scientists together to solve disease-related problems and to translate research findings and accomplishments into new technologies that improve patient care and outcomes.

HSS’s excellence in patient care and innovation is reflected in the many awards and recognitions it has received. HSS is nationally ranked No. 1 in orthopedics and No. 3 in rheumatology by U.S. News & World Report (2017-18) and is the first hospital in New York State to receive Magnet Recognition for Excellence in Nursing Service from the American Nurses Credentialing Center four consecutive times. HSS has one of the lowest infection rates in the country and is a recipient of the HealthGrades Orthopedic Surgery, Joint Replacement, and Spine Surgery Excellence Awards.


For more information on Hospital for Special Surgery, please visit its website:


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