Director, Finance FT 2026-6586

Cambridge Memorial Hospital•Cambridge, ON

16d•CA$155,000 - CA$185,000•Onsite

About The Position

Shape the Financial Future of a Growing Community Hospital At Cambridge Memorial Hospital (CMH), we are building healthier communities together. As a thriving acute care hospital serving the Waterloo Region and beyond, CMH provides comprehensive services including Emergency, Medicine, Intensive Care, Surgery, Women’s and Children’s Health, and Mental Health. As healthcare funding models evolve and system pressures increase, CMH is seeking a strategic and forward-thinking Director, Finance to play a critical leadership role in ensuring the organization’s long-term financial sustainability and operational excellence. This is a high-impact opportunity to serve as a trusted financial advisor to the Executive Team and Board Committees while leading a dedicated finance team in delivering robust financial stewardship in a complex healthcare environment.

Requirements

Bachelor’s degree in Commerce, Business, Finance, or related field.
Professional accounting designation (CPA or equivalent).
Minimum 7–10 years of progressive financial leadership experience.
Demonstrated experience in hospital or complex healthcare finance.
Experience working within a publicly funded environment and familiarity with Ministry of Health reporting requirements.
Proven success leading budgeting, forecasting, audit, and financial reporting functions.
Experience presenting financial information to senior leadership and/or Board Committees.
Strategic thinker with strong business and financial acumen.
Exceptional analytical and problem-solving skills.
Collaborative leadership style with the ability to influence and engage across disciplines.
Clear, confident communicator capable of translating complex financial information for diverse audiences.
Ability to lead effectively in a dynamic and evolving healthcare environment.
Advanced knowledge of MIS guidelines.
Proficiency in financial systems, financial modelling and advanced spreadsheet applications.
Understanding of procurement practices and the Broader Public Sector Procurement Directive.

Responsibilities

Provide strategic financial advice and insights to the CFO, Executive Team, Director’s Council and Board Committees to support informed decision-making.
Lead the development of multi-year financial and capital plans aligned with CMH’s strategic priorities.
Drive financial sustainability in a dynamic provincial funding environment.
Act as a key liaison with external partners, including the Ministry of Health (MOH), Ontario Health, as well as hospital and community partners.
Oversee the preparation of accurate, timely monthly and annual financial statements with meaningful variance analysis and forecasting.
Lead the annual operating and capital budget process, multi-year forecasts and long-range financial plans in collaboration with clinical and operational leaders, ensuring alignment with organizational goals and service delivery requirements.
Strengthen forecasting capabilities and financial analytics to support proactive decision-making.
Maximize revenue through effective management of performance-based funding initiatives, including Growth and Efficiency Model (GEM), Quality-Based Procedures (QBP), and Post-Construction Operating Plan (PCOP) funding.
Monitor and respond strategically to evolving Ministry funding policies and healthcare system reforms.
Ensure effective payroll, accounts payable, accounts receivable, general ledger, financial analysis, and budgeting functions.
Ensure a strong internal control framework that safeguards public funds and organizational assets.
Provide oversight of year-end audit processes and ensure full compliance with regulatory and MOH reporting requirements and timelines.
Oversee cash flow management, banking relationships, investments, and insurance programs.
Monitor financial risk exposure and implement mitigation strategies.
Act as a strategic financial partner to operational leaders, the CMH Foundation, and Volunteer Association.
Support and build financial literacy and accountability across the organization.
Support business case development, financial modelling and return on investment analysis for new initiatives, capital projects and procurement decisions.
Contribute to capital and funding/ procurement contract negotiations.
Lead, mentor, and develop a high-performing finance team.
Foster a culture of collaboration, continuous improvement, and professional growth.
Champion CMH’s values of Caring, Collaboration, Accountability, Innovation, and Respect.