Senior Financial Analyst POST NUMBER: 475386
The Senior Financial Lead is an integral member of the Finance team who works collaboratively with all members of Finance, as well as members of all health care teams across the organization, to enable organization’s strategic objectives while ensuring sustainability and minimizing financial risk. Reporting to the Controller, the Senior Financial Lead has primary responsibility for month end and year end accounting processes including analysis and reconciliations of various operating and balance sheet account activity. In this capacity, this position is responsible for the accounting and analysis of transactions and projects that require a comprehensive understanding of general health care operations, complex financial modeling and the ability to operate at a high level of independent thinking, while working collaboratively cross functionally internally and with external stakeholders and donors.
About the Opportunity
- Assist with financial reporting and related accounting functions of funding / revenue recognition, payroll, inventory and expense analysis to name the more significant areas, but also any item relevant to the full-cycle accounting of hospital operations.
- Support monthly reporting and accounting of all hospital operations in SAP and ancillary financial systems.
- Prepare journal entries, balance sheet account reconciliations, analysis, accrual calculations, and other related accounting documents/schedules.
- Assist with annual external interim and year-end audit by completing requested materials, preparing assigned schedules, and working directly with auditors.
- Keep abreast of changes in MOHLTC, HSFR, the Ontario Health Reporting Standards (OHRS) and the Canadian Public Sector Accounting Standards (PSAB).
- Review internal controls and related stakeholder compliance. Help develop new, and revise existing, accounting policy and procedures to complement the desired internal controls.
- Maintain timely reconciliation of financial data from our clinical information system (Epic) to our SAP financial system (AR and drug inventories).
- Help ensure compliance with relevant indirect tax legislation.
- Work with other senior finance personnel on process improvements, proactively suggesting and implementing efficiencies to accounting cycle processes.
- Prepare ad hoc reports and presentations for all levels of management.
- Ensure any assigned Ministry reports & submissions are completed accurately and on time. Submit as required using the Ministry directed format and platform/portal.
- Indirectly providing coaching and mentoring to junior Finance team members, while maintaining employee engagement, creating a learning environment and working collaboratively to promote a strong team dynamic.
- Assist with all monthly and quarterly reporting relative to budget / plan to inform in year operational performance and subsequent actions and decisions by Senior Management relative to that performance.
- Provide input to the annual operating plan and provide regular forecasts as needed.
- Assist with other ancillary items (e.g. LTC and Foundations) accounting and reporting efforts when required, either on an ad hoc basis or as part of a mutually agreed upon expanded scope of responsibilities.
- Provide technical support and advice to colleagues and management.
- Cross coordination with finance management and staff and other functional areas across the organization, most notably operating (Program) personnel, and outside the organization, primarily government ministries and our Foundations, on issues of reporting and analysis. Working with stakeholders to review procedures and recommend changes to gain efficiencies while ensuring effective controls are in place.
About You
- CPA designation
- Minimum 5 years of experience in a financial reporting or general accounting role.
- Advanced skills with the Microsoft Office Suite including Excel, PowerPoint, Word and Outlook.
- Demonstrated extensive knowledge and practical application of Ontario Healthcare Reporting Standards (OHRS), the Canadian Institute of Chartered Accountants (CICA) handbook and Public-sector Accounting Board (PSAB).
- Experience with SAP, Meditech and Power BI would be an asset.
- Demonstrated ability to lead effectively and create a high-performance culture that facilitates growth and development within a team environment.
- Excellent organizational and interpersonal skills with the ability to foster good public relations and effective working relationships.
- Exceptional communication skills - verbal written, report-writing and presentations.
- Strong change management skills and strategies to support goal achievement.
- Advanced skills in working collaboratively professionally with a broad range of internal and external stakeholders/partners in keeping with the strategic direction of organization and the goals of the department.
- Proven to be highly self-motivated, creative and with enthusiasm for change.
- Team player and team builder; strong customer service skills.
- Able to handle complex and/or multiple deadlines at one time.
- Excellent problem-solving and analytical skills including assessment and evaluation skills and the ability to think strategically and critically.
Pay Rate
$45.00 / Hour
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #475386.
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
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Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
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Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.