Senior Financial Analyst

Position Summary

POSITION SUMMARY: Reporting to the Manager, Corporate Finance, the Senior Financial Analyst will be responsible for supporting both internal and external reporting, evaluating financial policies and controls and reconciling balance sheet and intercompany accounts. The role also involves conducting analytical reviews to deliver actionable insights to leadership, preparing accounting journal entries and allocations, contributing to monthly financial reporting and statement preparation and assisting with the year-end audit process.

• Together with the Finance team, coordinate and support the monthly financial statement preparation and reporting process

• Prepare analytical reports, including evaluating the general ledger activities and balances, and performing specialized analysis of financial data

• Responsible for timely reporting required for the Ministry of Health, Ontario Health, and to other external stakeholders

• Responsible for the reconciliation of various balance sheet and intercompany accounts, and the preparation of related journals

• Participate in the year-end external audit of the Hospital s accounting systems and records, including the preparation of working papers and the processing of year-end journal entries

• Assist in ensuring accounting controls and practices used are in compliance with internal policies, Ontario Healthcare Reporting Standards (OHRS) guidelines, and Public Sector Accounting Standards

• Assist in reviewing and updating financial policies, procedures and controls

• Provide financial accounting knowledge and expertise as needed, including recommending process improvements where necessary

• Provide advice and guidance to departments in support of hospital related accounting policies, processes and practices

• Support Financial Systems projects and help strengthen the effectiveness of the business processes and controls, thereby contributing to the overall success of the initiatives

• Ad hoc assignments as required

• Bachelor’s degree in business, accounting or finance is required

• Professional membership with Chartered Professional Accountant (CPA) and/or Advanced Business Degree is required

• 7 to 9 years previous relevant experience

• Advanced level Microsoft Word, Excel, Access and Power Point

• Strong accounting knowledge, finance and analytical skills required

• Experience in analyzing financial and related data to identify trends and relationships

• Proven ability to problem-solve and manage projects, specifically with processes and system integrations is preferred

• Experienced in performing financial statement analysis

• Ability to work within changing and tight timelines

• Excellent communications skills

• Strong interpersonal skills coupled with a desire and ability to be an effective team player

• Experience and understanding of Ministry of Health and/or Ontario Health regulations and reporting requirements (including OHRS guidelines) is preferred