Financial Analyst

Lindsay, ON, CA, Canada

Job Description

Company Bio




Ross Memorial Hospital (RMH) is an active, acute-care community hospital located in the heart of the City of Kawartha Lakes. Among our acute and continuing care services, our team cares for 45,000 patients per year in the 24/7/365 emergency department, provides orthopedics and ophthalmology, operates a dialysis unit, and is renowned for its mental health programs and restorative seniors care. The Ross family takes pride in providing compassionate, quality patient care.

Position Summary




The Accounting department is currently seeking a Permanent Full-Time Financial Analyst to join their team.



This is a hybrid position in Lindsay.



Reporting to the Director of Finance, the Financial Analyst provides expertise in accuracy of financial reporting and maintaining internal controls to ensure Ross Memorial Hospital (RMH) is compliant with Ministry of Health reporting and Public Sector Accounting Standards. Develops and coordinates the preparation of the annual corporate operating and capital budget. Complete a variety of time specific Ministry/Ontario Health required submissions throughout the fiscal year. Create numerous financial based spreadsheets & reconciliations as support for management decision making.



Major Duties and Responsibilities

Provide sound and timely financial and business information to the Senior Leadership team and Clinical Programs Prepare annual budget in collaboration with internal stakeholders from assigned portfolio Regular monthly analysis of budget and utilization variances (e.g. financial results to Board of Directors) Apply Generally Accepted Accounting Principles (GAAP)/Public Sector Accounting Standards (PSAS) and Ontario Hospital Reporting Standards (OHRS) to recommend appropriate accounting entries for the accurate recording of monthly financial results Review monthly actual vs. budget results; follow up on significant variances, and determine appropriate action; refer highly complex issues to Director for resolution Evaluate the reasonableness of financial and statistical data; provide recommendations for changes to processes and procedures to enhance financial/statistical reporting, utilization and/or efficiency Develop, maintain and distribute custom financial/statistical reports, review current report designs and update as required to ensure compliance with current reporting requirements Disseminate, interpret, and develop utilization data and financial information to program and service areas and external reports (e.g. MOH); prepare financial reports to meet regulatory or funding agencies requests Co-ordinate with the Accounts Payable provider, Mohawk Medbury, to maintain approval levels, transfer payments, reconcile AP bank accounts and make inquiries as requested

Essential Qualifications



Graduate of Undergraduate Degree in Finance/Accounting or equivalent is required Must have a minimum of 3 years of recent, related accounting experience, preferably in a hospital environment Demonstrated proficiency in Microsoft Office applications, particularly Excel with advanced skills using computerized spreadsheets and macros Advanced knowledge of accounting and financial application software programs Sound knowledge of internal control measures and their use to safeguard against misappropriation of hospital assets; Strong aptitude for analysis, interpretation, and presentation of financial and statistical data Must have the ability to take initiative Demonstrated communication, organizational and time management skills with proven abilities to prioritize and meet deadlines Evidence of ongoing professional development Sound working knowledge of effective budget processes Demonstrated ability to deal effectively and cooperatively with all levels of staff, patients, and the public Keeps informed about current and emerging healthcare statistical and financial standards, issues and trends, including technological changes Must be able to fulfill physical requirement of the job, as per current Physical Demands Analysis

Preferred Qualifications



Professional accounting designation (i.e. CPA) Working knowledge of Canadian information management standards such as the Ontario Hospital Reporting Standards (OHRS), workload measurement systems and methodologies, patient-specific case costing methodologies (Ontario Case Costing Initiative) and health information databases such as Med2020 and CIHI

Hours of Work




Must be available days Mondays to Fridays, 37.5 hours per week. Shifts and hours may change according to departmental requirements.

Employment Equity




Ross Memorial Hospital is committed to meeting the needs of persons with disabilities. Accommodation will be provided throughout the hiring process at the request of the applicant.



Employees must meet expectations for appropriate, respectful and professional conduct, as set out in the RMH Code of Conduct.

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Job Detail

  • Job Id
    JD2901930
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Lindsay, ON, CA, Canada
  • Education
    Not mentioned