Job Description / Duties

As part of Sinai Health’s Women’s and Infants' program, Mount Sinai Fertility (MSF) is committed to helping our patients become pregnant and create families while maintaining their overall health and well-being. Our team is recognized nationally and internationally for its extensive clinical experience, outstanding academic credentials and research contributions, as well as success in treating the most challenging fertility cases. In addition, we offer the most advanced infrastructure in Canada in genetics, maternal fetal medicine, surgical and medical support disciplines through our relationship with Mount Sinai Hospital, a leader in providing obstetrical, gynecological and neonatal care.

We are seeking an exceptional business leader preferably with experience in Fertility and an acute care environment who shares our vision for an integrated system of connected care.

The Business Director is accountable for advising and communicating with the MSF Advisory Board, strategic planning, and growth of the program which includes funded and private pay volumes, business development initiatives, financial administration, marketing and communications. The Business Director reports to the Senior Clinical Program Director, Women’s and Infants' Health & Nursing and the Vice-President, Business Innovation & Development.

The Business Director has overall accountability for the business operations and will work collaboratively with the MSF Clinical Program Director, Medical, and Lab Directors, Quality Manager, the Business Innovation & Development portfolio at Sinai Health (SH), and the VPs of Quality, and Clinical Programs and of Business Innovation & Development. The Business Director has managerial oversight for the administrative office which includes but not limited to Accounts Receivable, Accounts Payable, and an OFP Coordinator.

MSF is currently engaged in an exciting growth phase and the ability to create and execute strategic, clinical, and financial plans will be paramount. As a collaborative member of the leadership team, the Business Director will develop, define, and deploy new strategies and opportunities, while ensuring safe quality care, best clinical practices, and financial success of the clinic.

Duties and responsibilities, in participation with the MSF Leadership team:

Directly contributing to the overall strategic direction including preparing plans and the setting of short and long-term goals and measurable outcomes

Analyze market trends and competitive positioning to help guide strategic direction

Develop an annual operating plan to achieve the short and long term goals outlined in MSF’s strategic plan

Financial management, budget development and management, profit and loss analysis, cash flow analysis, debt management

Recruit, develop and manage staff; complete regular employee performance appraisals and support the development of learning plans

Scan environment for trends on best practice, customer needs, changes in legislative requirements and new technology available

Take a lead role in in identifying capital needs, develop business cases and initiate capital purchases; lead contract and vendor management

Participate in the development of an annual quality plan and support the leadership team to ensure that the key performance indicator targets are met

Promote and maintain a safe patient care and work environment by assessing for and managing actual and potential risks; this also includes engaging in safety audits, promoting staff accountability in workplace safety, and ensuring that adequate structures and processes are in place such as staffing, equipment, supplies, physical space, policies and procedures

Support the leadership team to ensure that relevant practice and regulatory standards are met including those set by Accreditation Canada

MSF Advisory Board leadership including preparing updates and materials, presenting to the MSF Advisory Board and other Sinai Trust and Sinai Health committees as required

Lead the development of partnerships and strategic alliances, to help grow the current business

Support communication and marketing-related activities

Monitor client satisfaction and proactively seek out and develop business opportunities for the clinic which align with strategic and clinical goals, quality and best practices, and financial objectives incorporating comprehensive market and financial analyses

Identify and implement the use of appropriate metrics to measure KPIs that will allow the development of strategic quality and performance improvement activities

Support and encourage research and academic activities which are a critical element of the overall strategic mandate of MSF

Create and foster strong relationships with stakeholders at MSF, Sinai Health, as well as with external industry and academic partners

Other duties related to the position as required

Qualifications / Required Skills

Master's degree in a related field required (e.g. Health Science, Business Administration, Nursing, etc.) from an accredited educational institution

Minimum of 3-5 years of relevant leadership and business experience, preferably in Fertility and in acute care environment
Proven equivalent and recent related education, training and experience will be considered

Strong knowledge and application of financial and operational management with the ability to effectively manage diverse human, financial and physical resources

Strong interpersonal, written and verbal communication skills with the proven ability to clearly define and articulate requirements, priorities, impacts, and solutions

Demonstrated ability to interact efficiently with committees and senior executives

Proven consultation, negotiation and consensus building skills with the ability to proactively problem-solve complex issues with a variety of stakeholders

Strong business acumen

Superior judgment, problem-solving, analytical and organizational skills

Demonstrated acumen in navigating government and regulatory relations

Exceptional demonstrated collaboration and partnership skills both internally and externally

Track record for creating and sustaining a quality and safety culture with the proven ability to effectively function within health and safety guidelines providing a safe and supportive environment for all stakeholders

Ability to manage multiple, competing, complex issues and shift priorities as required

Self-directed and action oriented with strong interpersonal skills to engage, inspire and collaborate with the interdisciplinary team, and others, on multiple projects and initiatives

Attention to detail with an ability to maintain accuracy within a fast-paced environment amid tight deadlines

Flexible and adaptable to changing priorities, with the ability to take responsibility for ensuring that tasks/objectives are successfully completed

Strong knowledge of principles and techniques used in conducting financial analysis and forecasting for existing business and new opportunities

Strong computer skills (e.g. Microsoft Office, EiVF, etc.)
High ethical standards, promotes inclusiveness and recognizes and respects the value of diversity within our community and our workforce

Proven demonstration of workplace excellence shown by commitment to strong job performance and attendance

Contact Information

https://sinaihealthsystem-mountsinai.mua.hrdepartment.com/hr/ats/Posting/view/5242