Job Description
The management of pharmacy finance is critical to our success and goals at Mount Sinai Health System.
Reporting to a pharmacy finance leader, MSHS Pharmacy Finance, this role will support process improvements and strategic initiatives related to the finance and accounting of pharmacy medications.
Qualifications
A minimum of a high school diploma or GED is required as per MS Health System hiring policy. Otherwise, Bachelors, Masters or Ph.D as applicable.
Excellent written, verbal and interpersonal communication skills. Strong critical thinking, data analysis, and problem-solving skills with project management ability; attention to detail; use of Microsoft Office (Excel, Word), database software, and preferred knowledge of inventory management software
The role will be based at one of the health system's acute care sites or at the Corporate Services Center, within the New York City metropolitan area
Compensation Statement
The Mount Sinai Health System (MSHS) provides salary ranges that comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $16.50 - $50.00 Hourly. Actual salaries depend on a variety of factors, including experience, education, and operational need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.
Non-Bargaining Unit, 600 - HSO Pharmacy - MSH, Mount Sinai Hospital
Responsibilities
Major Responsibilities
Support the MSHS Finance and Accounting Teams, alongside Inventory Planning & Procurement teams, that manages the revenues, costs, and replenishment of medications across the system.
Support the deployment of inventory management practices that will achieve drug availability expectations in an optimal / cost-efficient manner.
Data analytics and reporting to generate key insights in driving Pharmacy supply chain performance improvement.
Key Focus Areas include, but are not limited to,
· Mitigation and management of medication shortages leveraging technology and predictive ordering processes
· Automation related to pharmacy stockroom inventory management,
· Pharmaceutical contracting and GPO optimization activities,
· New product introduction and lifecycle management of pharmaceuticals.
· Ensuring compliance with DSCSA provisions.
Scope of Responsibilities
a. Research and benchmarking of best practices in pharmacy finance, accounting, and supply chain optimization
b. Analysis of Data, Developing Core Metrics and Reports for performance measurement
c. Participate in the ideation / deployment / implementation of system SC initiatives
d. Assessing and improving Procure-to-Pay and Inventory Mgt process & workflows
About Us
Strength through Unity and Inclusion
The Mount Sinai Health System is committed to fostering an environment where everyone can contribute to excellence. We share a common dedication to delivering outstanding patient care. When you join us, you become part of Mount Sinai's unparalleled legacy of achievement, education, and innovation as we work together to transform healthcare. We encourage all team members to actively participate in creating a culture that ensures fair access to opportunities, promotes inclusive practices, and supports the success of every individual.
At Mount Sinai, our leaders are committed to fostering a workplace where all employees feel valued, respected, and empowered to grow. We strive to create an environment where collaboration, fairness, and continuous learning drive positive change, improving the well-being of our staff, patients, and organization. Our leaders are expected to challenge outdated practices, promote a culture of respect, and work toward meaningful improvements that enhance patient care and workplace experiences. We are dedicated to building a supportive and welcoming environment where everyone has the opportunity to thrive and advance professionally. Explore this opportunity and be part of the next 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 48,000 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 more than 9,000 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, top 5 in Cardiology/Heart Surgery, and top 20 in 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. 11 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.
Equal Opportunity Employer
The Mount Sinai Health System is an equal opportunity employer, complying with all applicable federal civil rights laws. We do not discriminate, exclude, or treat individuals differently based on race, color, national origin, age, religion, disability, sex, sexual orientation, gender, veteran status, or any other characteristic protected by law. We are deeply committed to fostering an environment where all faculty, staff, students, trainees, patients, visitors, and the communities we serve feel respected and supported. Our goal is to create a healthcare and learning institution that actively works to remove barriers, address challenges, and promote fairness in all aspects of our organization.
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 $16.5 - $50 Hourly. 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.
