Job Description

Posted Date:

10/17/2023

Closing Date:

10/31/2023

Functional Discipline:
Finance & Decision Support







Job Posting #: 204451
Position Available: Director, Finance & Decision Support
Status:Regular Full-Time (1.0 FTE)
Department:Finance & Decision Support
Union:Non-Union
Hours of Work:Mon-Fri, 8:30am-4:30pm

Internal employees must apply by midnight on October 31, 2023.

ABOUT JOSEPH BRANT HOSPITAL:
Joseph Brant Hospital (JBH) is a full-service community teaching hospital located in the growing and thriving community of Burlington, Ontario, serving more than 185,000 residents in Halton, Hamilton, Waterdown, Flamborough, Milton and Stoney Creek. JBH is honoured to be recognized as one of Hamilton Niagara\'s Top Employers for eight (8) consecutive years, with a skilled staff of 194 physicians, 1,911 full- and part-time staff and more than 700 volunteers.

JBH is a Clinical Education site in conjunction with McMaster University, and designated as an Academic Community Teaching Hospital. Its expanded campus includes the state-of-the-art Michael Lee-Chin & Family Patient Tower, featuring a new Emergency Department, 295 acute inpatient beds, 9 new Operating Rooms and post-anaesthetic care unit to support expanded medical, surgical and outpatient services. JBH is also a partner member of the Burlington Ontario Health Team (OHT).

JBH inspires and empowers a culture of caring and this is demonstrated in many ways including our commitment to the health, safety and wellbeing of our people. For more information, visit www.josephbranthospital.ca.



POSITION OVERVIEW:
Reporting to the Executive Vice President, Corporate Administration and Chief Financial Officer, the Director, Finance and Decision Support (Director) will provide financial analysis for various initiatives across Joseph Brant Hospital (JBH) to ensure exceptional service delivery and optimal financial performance.

The Director will lead a diverse portfolio including: Accounts Payable, Accounts Receivable, Payroll, Capital, Treasury, Redevelopment, Billing, Budgets, Audits and General Ledger, as well as Decision Support. The Director will work collaboratively with senior leadership, colleagues, staff, and physicians to enable a strategic financial plan that supports JBH\'s ambitious goals for patients.

The Director will lead and support a full range of initiatives related to Finance and Decision Support. They will also be accountable for recommending, developing and implementing programs for controlling hospital assets, budget planning, expenditure control, fund management and case costing.

The Director is responsible for the implementation of systems that protect hospital assets and provide for the timely accurate and concise reporting of financial and clinical information. Some of the key systems that the position is responsible for include: the operating budget, capital budget, treasury, payroll, MIS reporting to the MOHLTC, HAPS/H-SAA reporting and the various dashboards relied upon for internal and external reporting (PowerBi, etc).

In addition to the responsibilities highlighted, the Director will play a key consultative role in reviewing, strategizing and advising on health system funding reform. This includes advising on quality-based procedures, as well as applying a population health methodology to the allocation of resources. With a broad understanding of provincial health care policy, the Director will be engaged in dealing with various health policy matters as well as analyzing health sector financial performance and trends, strategic policy development and financial sustainability. The Director will support and influence JBH\'s research, analysis and policy development on hospital financial matters, including budgets, expenditure forecasting, hospital funding formulae and government fiscal policy.




KEY PRIORITIES AND AREAS OF FOCUS:

1. Contribute financial insight and business planning to strategic policy development and analysis on hospital funding and financial sustainability.
2. Provide support for the continued development of a best-in-class customer service model, working in partnership with clinical and corporate programs across the organization;
3. Support and influence JBH\'s operations on matters related to hospital finance, including budgets, expenditure forecasting, hospital funding formulae, risk management and government fiscal policy; and
4. Update and implement new internal systems, including payroll, time capture and scheduling applications, general ledger systems and financial reporting tools.
5. Develop and support a cohesive and collaborative team/portfolio by providing coaching to the team, and development opportunities to build continued leadership capacity and a supportive infrastructure to service the Hospital.




KEY ACCOUNTABILITIES:

• Directs and oversees all general functional areas of operation in Finance and Decision Support
• Develops and manages strategic initiatives in alignment with JBH\'s strategic plan and future redevelopment goals.
• Develop tools and training to advance clinical managers\' ability to manage resources wisely.
• Assists the EVP, Corporate Administration and CFO with the preparation of the annual capital budget, the prioritization of capital requests and working capital forecast.
• Responsible for maintaining communication with peer hospitals on financial and decision support matters. Acts as liaison with the government representatives on funding, financial reporting and policy-related matters.
• Responsible for working with the Finance team\'s Managers and Supervisors to ensure an accurate and timely monthly reporting package for Finance and Audit Committee (FAC) and the Senior Leadership Team (SLT).
• Responsible for working with the Finance team\'s Manager and Supervisors to ensure that the annual external audits for the Hospital and any subsidiaries are completed on time and on budget.
• Acts as the lead, together with Managers of Financial Planning, Analytics and Case Costing and Decision Support to work with key clinical and support services stakeholders in conducting monthly and annual program financial analysis related to variances, forecasts, business cases, funding agreements and reporting, as well as benchmarking and budget analysis/assistance. Oversight of Business intelligence tools used by the Decision Support team for internal/external reporting.
• Responsible for oversight of all reconciliations with Ministry, including operating and capital programs
• Responsible for coordinating the preparation and reporting of the annual operating budget.
• Prepares presentations, policy papers and submissions on hospital funding and financial issues.
• Provides analysis and policy advice on issues affecting the financial health of JBH.
• Treasury functions including management of cashflow, debt funding and financial derivatives.
• Oversight of tax reporting obligations and filings.
• Continuously assesses the environment for new trends and provides subject matter expert knowledge and advice to JBH.
• Establishes and maintains strategic alliances with members of the health care industry, community businesses and organizations, government agencies, regulatory boards, and other stakeholders.
• In the absence of the CFO, responsible for covering any of the significant day-to-day matters such as attending SLT, FAC, Board meetings (upon request) or attending to other matters as required.
  

QUALIFICATIONS:

• Formal accounting designation required as a minimum; CPA designation with a graduate degree combination is preferred.
• 7-10 years progressive financial management experience in a hospital or related health care environment.
• Expert knowledge and experience of hospital and/or health care financial matters, including but not limited to, treasury, payroll, hospital budgets, expenditure forecasting, hospital funding programs, case costing systems, MIS, and government fiscal policy.
• Proven experience in leading research and analysis on hospital and health care revenue and expenditures, as well as experience contributing to strategic policy development and analysis on hospital funding and financial sustainability. Proven ability to focus on technical details and methodologies also required.
• Comprehensive knowledge and experience in project planning, management, implementation, evaluation, risk assessment, statistical/data analysis and benchmarking.
• Strong, well-developed business management skills.
• Experience in leading large change initiatives including changes to business applications and business processes is required.

PLEASE NOTE: Assignment subject to change based on the needs of the department.

To be considered for this exciting opportunity please visit the JBH Careers page to apply to posting #204451. We ask that you please include the posting number in the subject line of any email correspondence. No phone calls please. We thank all applicants and only those selected for interview will be contacted.

Joseph Brant Hospital prioritizes the health and wellbeing of our patients, employees, credentialed staff, volunteers and learners. As a condition of employment, all successful candidates are required to provide proof of two COVID-19 vaccines authorized by Health Canada within 24-48 hours of receiving an offer of employment, or proof of a documented exemption pursuant to the Ontario Human Rights Code.

Any information obtained during the recruitment process will be used for employment recruitment only, and not for any other purpose.

At Joseph Brant Hospital, we are committed to diversity and inclusion as we continue and expand our efforts to become a more inclusive, safe and respectful place for everyone to visit, work and receive care. HR will accommodate any needs under the Ontario Human Right Code (OHRC) and the Accessibility for Ontarians with Disabilities Act (AODA). Recruitment processes will be modified to remove barriers to accommodate those with disabilities, if requested.

Should you require accommodation through the application and/or recruitment process, please contact HR for assistance at careers@josephbranthospital.ca or at Ext. 4129 to allow opportunity for appropriate accommodations to be made.