Temporary Full Time Assignment for approximately 12 months
Reporting to the Manager, Financial Accounting and Reporting, the Senior Financial Analyst will be an integral member of the financial reporting team performing a range of professional accounting activities including analysis and reporting of hospital financial results, including assistance in the preparation of financial statements for the year-end audit. The incumbent will work autonomously to analyze financial results and work with Managers of an assigned Program or Business Units to interpret and present the financial impact of operational decisions as well as identify areas of process improvement by providing evidence based information to execute decisions and monitor results. The incumbent will review processes and identify/implement changes as required to ensure efficient, timely and quality information reporting as well as a wide range of professional accounting activities.
This position is primarily located at Hennick Bridgepoint Hospital - 1 Bridgepoint Drive.
In this role you will:
Month End and Financial Reporting
Prepare monthly journal entries and balance sheet reconciliations and ensure that adjustments/corrections are made as necessary
Review and analyze monthly financial results for assigned portfolio and ensure its accuracy and compliance with Public Sector Accounting Standards (PSAS)
Research and prepare accounting briefing notes for complex accounting issues
Prepare monthly and quarterly financial summaries for distribution to Senior Leadership explaining and analyzing material variances
Review, Analyze and Present Program and Business Unit Results
Become a subject matter expert (SME) for assigned portfolio
Prepare comparative analysis against budget and historical results
Identify key operating drivers and perform benchmarking analysis
Present findings at monthly/quarterly reviews with clinicians, managers and directors
Champion action plans for meeting budget targets and develop forecasts
External Reporting
Prepare quarterly and annual Ministry reporting submissions
On an annual basis, prepare hospital external financial statements, and coordinate with departments to prepare the notes to the financial statements and supporting schedules
Assist in the preparation and filing of various returns to statutory agencies
Treasury - As Needed
Prepare and analyze weekly/monthly cash forecasting and provide recommendations to ensure the hospital meets its key liquidity ratios
Prepare bank reconciliations and implement process improvements as necessary
Investigate, analyze and resolve bank discrepancies
Record weekly and daily bank activity in the general ledger
Other Duties
Innovate new ways for data collection and analysis
Learn and master Management Information Standards (MIS)
Participate in special projects or committees as required
Identify opportunities for process improvement to help streamline current processes
Job Requirements
Job Requirements:
Mandatory
Qualified Accountant (CA,CPA, CMA, CGA) with 3-4 years post-qualification experience in financial analysis, reporting, month end close ,process improvement and treasury related work
Preferred
Experience with MOHLTC/LHIN reporting, MIS Guidelines, CRA regulations
Skills and Knowledge
Positive and self-directed with a high level of accountability and the ability to collaborate to deliver complete and complex financial analysis with in depth analytics
Demonstrated logic and creative approach to problem solving, moving from information to insights to implications to action items
Superior interpersonal skills with effective verbal and written communication skills with all levels of management and Senior Leadership
Independent, self-motivated and inquisitive
Proven organizational and time management skills required with the ability to multitask and meet conflicting deadlines
Experience in a hospital setting, preferred
Demonstrated satisfactory work performance and attendance history
If this sounds like you and you're ready to build a finance career within health care, apply now and let us know why you would be a great addition to our team.
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