Job Description

Southlake is building healthy communities through outstanding care, innovative partnerships, and amazing people. We deliver a wide range of healthcare services to the communities of northern York Region and southern Simcoe County. Our advanced regional programs include Cancer Care and Cardiac Care and serve a broader population across the northern GTA and into Simcoe-Muskoka.

Our team of nearly 6,000 staff, physicians, volunteers, students and Patient and Family Advisors are committed to creating an environment where the best experiences happen. As a recognition of our commitment to quality and patient safety, we have received the highest distinction of Exemplary Standing from Accreditation Canada.

Job Summary

Senior Business Analysts are part of a team of professionals providing financial and statistical/utilization information, analysis and strategic problem solving to departments/programs throughout the hospital. The successful candidate will work collaboratively within the Finance department delivering consistent, accurate, and timely information while providing excellent customer service to all internal and external stakeholders.

Primary Responsibilities

• Liaise with all relevant stakeholders to ensure timely accurate financial and statistical reporting and adherence to monthly/quarterly and year-end timetables
• Perform analyses of financial and statistical data relative to budget and prepare reports and/or commentary highlighting findings
• Assist with process re-engineering, designing and implementing internal controls
• Develop customized reports and visually impactful presentations for various stakeholders including monthly financial results presentations, reports on key performance indicators, etc.
• Apply Generally Accepted Accounting Principles (GAAP)/Public Sector Accounting Standards and Management of Information Systems (MIS) standards/OHRS to recommend appropriate accounting entries for the accurate recording monthly financial results
• Conduct short term and long term financial and operations planning and modelling
• Lead the communication to articulate complex financial issues to a broad audience and fulfill ad hoc requests made by stakeholders and providing support in interpretation and understanding of financial information
• Provide financial support to assigned programs /departments as the Finance Business Partner
• Assist with financial component of Position Control form and verify budget status for position posting
• Regular monthly analysis of budget, utilization variances (e.g. financial results to Board of Directors)
• Influence the Portfolio management to determine priorities for new programs, ventures, projects and investments
• Optimize revenue streams and enabling growth while ensuring appropriate financial management and controls
• Establish Portfolio finance goals and objectives, developing short and long term plans, while monitoring and evaluating the progress in achieving these plans
• Investigate variances to facilitate the attainment of a clear understanding of business activities and developing trend analysis to support conclusions, including benchmarking analysis
• Assist and educate Directors/Managers in understanding financial reports/ concepts
• Strategic problem solving for both clinical and non-clinical programs throughout the organization
• Work with programs to develop annual operating plans and budgets (including identification of opportunities to improve financial performance and efficiencies)
• Be highly involved during annual capital budget processes to ensure comprehensive integration of both operating and capital impact in budgets
• Provide lead role during quarterly forecasting process to capture any emerging trends, cost saving strategies to project budget surplus/ deficit, provide management with analytical trending data and develop an effective method of tracking identify initiatives
• Prepare and submit key Ministry financial and statistical documents related to any specific programs
• Coordinate, plan and submit timely Ministry of Health and Long Term Care reports such as HAPs, CAPs, SRI and other ad-hoc Ministry and OH submissions

Qualifications

• University degree in accounting, economics, business administration or equivalent
• Professional accounting designation (CPA, CA, CMA, CGA)
• Minimum 5 years financial / clinical analysis experience including accounting, reporting, budgeting, variance analysis and business case development (healthcare preferred)
• Self-directed, action oriented and highly motivated, an adept team player
• Knowledge and experience of Health System Funding Reform (HSFR), such as Health Based Allocation Model (HBAM)I, Quality Based Procedures (QBP) and Patient Based Funding
• Experience of Ministry of Health reporting and Post Construction Operating Plans (PCOP) or demonstrated knowledge and experience in a relatable industry/environment
• Proven ability to interpret, summarize and communicate complex financial and statistical data to stakeholders throughout the organization
• Experience using multiple data sources (financial, statistical, case costing, CIHI databases, Ministry data etc) to develop and prepare complex analysis
• Able to influence clients of the Finance Department through sound business case and other data driven evidence to support efficiency improvement and revenue generation initiatives
• Well-developed analytical, problem-solving and organization skills in order to meet conflicting priorities/deadline
• Advanced proficiency MS Office products, especially MS Excel
• Sound organizational and planning skills with the ability to multi-task and meet conflicting deadlines are essential
• Excellent interpersonal and customer services skills
• Demonstrated commitment to personal growth and development
• Prior experience in major Enterprise Resource Planning (ERP) system or a health care financial module (ie Meditech) and Business Intelligence software
• Demonstrated good attendance and performance records with the ability to maintain these same standardsDemonstrated excellence in communication, both written and verbal
• Demonstrated analytical and problem assessment skills
• Demonstrated commitment to customer service and teamwork
• Demonstrated individual leadership skills
• Demonstrates understanding and complies with patient and staff safety policies and procedures that foster a safe and inclusive environment for all.
• Commitment to providing an exceptional experience for staff and clients within a challenging and exciting health care environment.
• Models behaviour that is aligned with the values of Southlake Regional Health Center.
• Demonstrated excellence in communication, both written and verbal
• Demonstrated problem assessment skills
• Demonstrated commitment to customer service and teamwork
• Demonstrated individual leadership skills
• Commitment to providing an exceptional experience for patients and families as well as other members of the healthcare team within a challenging and exciting health care environment.
• Demonstrated commitment to, and understanding of the principles of diversity, equity and inclusion
• Models behaviour that is aligned with the values of Southlake Regional Health Centre.
• Always with compassion
• Power of many
• Serve with purpose
• Every voice matters

As a condition of employment, you are required to submit proof of COVID-19 vaccination to the Hospital\'s Occupational Health and Safety department. Successful candidates will be required to submit proof of COVID-19 vaccination (two doses) from the Ontario Ministry of Health website or other authorized source directly to the Occupational Health and Safety department. In the event that you are unable to be vaccinated as a result of a ground protected under the Human Rights Code, you may submit a written explanation of the ground and any supporting documentation to determine if you are exempt from this requirement to the recruitment team. A recruitment representative may follow up with you for further information if necessary.

At Southlake, we are committed to fostering an inclusive and accessible environment. We are dedicated to building a workforce that reflects the diversity of the community in which we live and serve, including those with disabilities. Southlake is committed to providing accommodations in all parts of the hiring process. If you require an accommodation, we will work with you to meet your needs.

It is the responsibility of all Southlake employees to work in a safe manner and promote health and safety in the workplace.

Southlake Regional Health Centre