Senior Financial Analyst, Financial Planning and Analysis

William Osler Health System • Brampton, ON

9h • CA$103,799 - CA$129,734 • Remote

About The Position

Reporting to the Manager, Financial Planning & Analysis, the Senior Financial Analyst (SFA) provides financial insight that is instrumental in driving organizational objectives. This role can be interpreted as a “mini CFO” role for programs and teams that it will be supporting. The SFA will need to have complete visibility to all operational and strategic aspects of the programs that he/she supports. The role focuses on big picture thinking and being an advisor to its clients rather than being transactional in nature. The role interacts with all levels of the organization, emphasizes a strong client service focus and develops/maintains productive business and strategic partnerships. The SFA is a key point of contact for its business leaders and represents Finance within cross-functional teams, from day to day basics through to strategic initiatives. The SFA works to improve financial status by analyzing results and variances, identifying trends and recommending actions. The role includes financial reporting on a monthly, quarterly, annual basis; leading budget and forecast cycles; expense or revenue management; process improvement, audit preparation and support and compliance. As a subject matter expert, the SFA must be able to present information accurately and concisely, be attentive to detail, work independently on time sensitive tasks and have strong analytical skills.

Requirements

• University undergraduate degree with a concentration in business, finance or accounting
• 3 years progressive accounting or financial analysis
• Strong financial reporting skills, knowledge of GAAP
• Highly motivated, self-starter, creative and results oriented; Customer focused team player
• Excellent oral, interpersonal and written communication skills
• Proven ability to manage multiple and competing projects effectively
• Ability to think strategically and systematically with strong critical thinking, problem solving and analytical skills
• Advanced knowledge of Excel, Word and MS Access, including financial modelling

Nice To Haves

• MBA or Chartered Professional Accountant (CPA) is an asset
• Good knowledge of provincial government reporting (e.g. OHRS, SRI, CAPS, ARR) is considered a strong asset
• Extensive knowledge of TM1, BI and ADS software, including data pulls, report writing, and design changes is an asset
• Meditech system experience is an asset

Responsibilities

• Provide ongoing complex financial, statistical, analytical and consultative support to Leaders (Managers, Directors, and Assistant Vice Presidents & VPs) at a multi-site community hospital corporation.
• Partner with other specialty disciplines such as HR, Organizational Performance, Quality, Coding, and Business Intelligence to deliver an integrated model of back office support to hospital leaders
• Enable organizational success through building business partnerships
• Provide orientation, education and training on financial resource management to hospital leaders and other stakeholders. Serve as an ambassador and disseminate new learning and emerging financial strategies. Support the financial accountability framework of the organization
• Assist with queries on financial and business transaction processes and procedures in line with the relevant policies of the organization
• Support quarterly and annual financial and statistical reporting both internally as well as externally
• Assist in the development of the detailed annual Operating Plan, the Long Range Plan and periodic forecasts. Challenges program results and projections to identify lack of consistency with current economic trends and/or hospital strategies
• Meet external financial reporting commitments. This includes completion of provincial reporting including budget, quarterly forecast and year-end settlements within the deadlines set by the various Ministries or Ontario Health. Gather and analyze patient resource utilization and update/automate processes to improve data quality and patient costing. Education on Health System Funding Reform (HSFR) through various working groups and review of funding methodologies to determine financial implications
• Develop and implement financial models and improve processes to better meet the needs of the organization
• Prepare month end reporting information including, but not limited to, preparation of revenue reports, posting of required adjusting journal entries and analysis of variances month-to-month and actual to plan
• Support the overall month end and yearend financial close procedures including posting of sub-ledgers and journal entry preparation combined with analysis of results
• Prepare and provide internal monthly and ad-hoc financial statements, analyze results and variances; identify trends & recommend actions to enable decision-making
• Prepare year-end working papers for external auditors, working with external auditors to provide timely and accurate information
• Assist in ad hoc projects as required

Benefits

• Osler values inclusivity and diversity in the workplace. We welcome and encourage applicants from diverse backgrounds. We are committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act. If you require an accommodation at any stage of the recruitment process, please notify Human Resources at [email protected].

What This Job Offers

• Job Type: Full-time
• Career Level: Senior