Business Manager

Children's National Hospital


Date: 2 hours ago
City: Silver Spring, MD
Salary: $93,329.6 - $155,563.2 per year
Contract type: Full time
The Business Manager is responsible for the administrative and financial management of the Community Mental Health CORE's grant and SPF portfolio totaling over $20M. The Business Manager works closely with the Office of Grants and Contracts, Legal, Human Resources, and other hospital departments to successfully manage the portfolio. They will lead day-to-day administrative functions of the CMH CORE and provide operational support to all CMH CORE projects and initiatives.

The Business Manager will report directly to the Director of Program Operations.

Minimum Education

Bachelor's Degree (Required) Or

MBA (Preferred)

Minimum Work Experience

5 years Business Administration, Hospital Administration, Public Administration or other related field (Required)

Required Skills/Knowledge

3 years Progressive financial analytics and data modeling (Preferred)

Demonstrates creativity, foresight and judgment in managing competing demands and workload.

Analytical ability sufficient to evaluate data, make judgments and provide recommendations and action plans regarding department operations and budgets, design protocols, and generate actionable business reports.

Familiarity with healthcare finance.

Skilled communicator with a style that engenders trust and accountability while partnering with diverse team members.

Highly energetic with a collaborative style and ability to quickly adapt to an ever changing environment.

Functional Accountabilities

Department Strategic Planning

  • Contribute to strategic plan formulation for department services, including both short-term and long-term objectives.
  • Collaborate with leadership to evaluate new program initiatives for effectiveness, sustainability and fiscal feasibility.
  • Assist department leadership with development, implementation and evaluation of services, programs, policies and procedures, and performance standards to achieve departmental goals.
  • Promote the success of organizational and department initiatives by clearly aligning programs to the mission.

Budget & Financial Management

  • Prepare documentation and projections to support operating and capital budget planning process for responsible cost centers.
  • Monitor and/or prepare daily, monthly, and quarterly performance data for budget variances and collaborates with management team to resolve discrepancies; action plan to meet budget gaps.
  • Monitor payroll distribution of staff to ensure salary expenses are within budgeted projections; ensures timely correction of payroll allocation.
  • Review monthly statistics; analyze variances and communicates with leadership teams to address gaps and correction plans.
  • Prepare business plans for new ventures, acquisitions & purchase of new equipment.
  • Analyze revenue reconciliation and reimbursement to identify trend, insurance contract negotiations and collaborates with team to develop and implement correction plan.

Performance Metrics, Program Evaluation & Enhancement

  • Assist in the development, evaluation and implementation of new ventures, services, partnerships and acquisitions; develops business plans and financial projections.
  • Work with leadership team to develop performance metrics and evaluation tools for measuring each aspect of clinical contracts and quarterly performance indicator reports.
  • Provide analysis of performance metrics reports and updates financial dashboard.

Grants/SPF management

  • Assist Foundation team in preparing grant reports as requested.
  • Monitor and/or prepare monthly special purpose funds performance reports and resolve discrepancies as needed.
  • Work with Grants Management Office in preparing for new grant submissions as well as monitoring on-going grants expenses to ensure appropriate accounting of grant related expenses and FTE allocation. Make corrections as needed.

Project Management

  • Develop business plans for new programs, acquisitions, or equipment. Monitor the return on investment (ROI) semi-annually for each business plan and submit to leadership team with analysis and recommendations.
  • Creates project plans with milestones, deliverables and accountability assignments.
  • Proactively work with project team to ensure projects are delivered on budget in a timely manner.

Primary Location

Maryland-Silver Spring

Work Locations

Inventa Towers

Job

Non-Clinical Professional

Organization

Ctr Clinical & Community Rsrch

Position Status

R (Regular)

Shift

Day

Work Schedule

9a-5p

Job Posting

Nov 7, 2025, 6:08:00 PM

Full-Time Salary Range

93329.6

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