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Summer 2023 Finance Internship Program - Performance Improvement

Summer 2023 Finance Internship Program - Performance Improvement

To be considered for this opportunity, please upload a cover letter and resume. In your cover letter, be sure to articulate why you are interested in joining NYP and why you are interested in the healthcare setting.

The NewYork-Presbyterian Finance Summer Intern Program educates undergraduate students on the overall financial operations of a hospital. The program is designed for those who are interested in the business aspect of healthcare and eager to explore the many facets of healthcare management.

The program will expose students to Senior Hospital Administration both within and outside of Finance as well as provide them with real-world experience in the corporate world. The program intends to create a pipeline of talent for future full–time employment post-graduation.

What You Can Expect:

The Internship is an 8-week program based in New York City starting in early June. At the end of the program, students present their project results to the Chief Financial Officer, Senior Leadership, Project Hosts and their Mentors.

Business Planning

Channel your top-notch reporting and data analysis skills. Help with business plan development related to clinical service line growth and strategic initiatives of the hospital. Understand the clinical aspects to forecast the financial impact of new business to the hospital. Perform key financial analysis to inform the decision makers about the economic viability of clinical programs. Measure actual performance against expectation and work as a multi-disciplinary group to recognize trends and to forecast future budgets. This position provides a unique opportunity to work with many stakeholders across the organization and gain insight into hospital finance and its interdependence with other key operational areas and functions. Join our close-knit team, and get exposure to management and leadership across all campuses. Give presentations to senior leadership, guiding their ability to make important programmatic and operational decisions for the institution. Be the face of efficient and effective financial strategy, and help make a life-changing difference.

HERCULES

Channel your top-notch reporting and data analysis skills. Produce analyses and financial reports that assist in the monitoring of the hospital's financial performance. Bring your general understanding of the healthcare industry and experience with working with large data sets to projects needing analysis, visualization, and reconciliation. Engage in ongoing projects relating to the identification of cost saving opportunities, resource utilization analysis, quality/cost analysis, and dashboard creation. Support the team advancing HERCULES, NewYork-Presbyterian’s campus-wide efficiency initiative that reduces costs while maintaining quality and patient experience. Join our close-knit team, and get exposure to management and leadership across our New York City-area campuses.

Mentor program. Each intern is assigned a mentor who offers support and guidance throughout the summer. Mentors are hand-selected from the Finance department and help mentees envision and take steps toward the careers they desire.

Hospital tours and volunteer opportunities. To put their project work in perspective, interns are given tours of the various NYP campuses as allowed and are given the opportunity to volunteer several hours

a week at the hospital. Operational leaders explain connections to intern projects and provide the full picture of organizational activity.

Exposure to Senior Leadership. NYP leaders across many departments devote time to meet with the interns and share their personal stories, career paths, and invaluable professional advice.

Networking opportunities. From Meet & Greets to lunch sessions, the interns have many opportunities to partake in networking opportunities with employees across the organization.

Team building events. The program allows for creative ways to promote team bonding that fosters the culture of NYP.

The internship is designed for students with a distinct interest in the healthcare field. The internship is not intended for students who wish to pursue careers in investment banking.

Application Deadline: November 30, 2022 at Midnight

2023 Internship Dates: June 5, 2023 – July 28, 2023

To be considered for this opportunity, please upload a cover letter and resume. In your cover letter, be sure to articulate why you are interested in joining NYP and why you are interested in the healthcare setting.

Preferred Criteria

  • Majoring in Health/Hospital Administration, Finance, Financial Management, Business Administration and Management, or Accounting
  • Genuine interest in finance and healthcare and/or management consultancy
  • Completion of Finance or Accounting courses
  • Advanced Experience with Microsoft Excel and Microsoft PowerPoint
  • Exceptional communication, analytical and problem solving skills
  • Excellent organizational skills and ability to multitask
  • Ability to thrive in a fast-paced, collaborative environment
  • Highly inquisitive, focused and proactive
  • Good judgment and discretion when working with confidential information

Required Criteria

  • Enrollment in a Bachelor’s Program
  • Eligible candidates must be a rising senior undergraduate student who graduates in 2024
  • Must have received the COVID-19 Vaccine
  • Timeline

Applications must be submitted by Wednesday, November 30th at 11:59PM

Applicants will be required to submit video-interviews before Tuesday, December 13thth at 11:59PM (Requests will be sent on a rolling basis after applications are submitted)

Talent Acquisition will review applications and video-interview submissions throughout December

Virtual Interviews will take place starting in early January