Financial Analyst - Financial Planning

Position Overview

• Identify, design and deliver recommendations for improvements to enhance efficiency of various financial services, systems, processes and procedures.
• Examine and interpret data to produce useful and meaningful reports.
• Provide insight into problem identification, data interpretation, and the identification, investigation, testing and refinement of potential solutions to address systemic barriers to efficiency and quality care.
• Provide support for financial forecasting, budget maintenance, reporting and operational metrics tracking.
• Create financial data and financial models to support decision-making.
• Foster innovation, curiosity, and problem-solving to support health system optimization.

Working as assigned with a customer-centric mindset, each position will be assigned to support various work areas, specialties, business units, services, projects and improvement initiatives. The outcomes of the work of this position will inform systemic improvements diverse areas of the health system such as:

• Ensure financial transitions affecting cost centers are accurately reported in monthly cost center reports within established timeframes.
• Analyze variances, respond to management requests and concerns, and make recommendations to improve financial data quality and accuracy.
• Assist in the preparation of forecasts and budget reporting providing insight from and to cost center managers based on historical financial transactional knowledge including any funding allocations.
• Support management with information and guidance to assist annual operating department budget preparation and plans.

Independently or as part of a team, Financial Analysts support the assigned site/service areas to identify, design and suggest improvements which produce efficiency of the health services.

Experience

• 3 years of progressive experience in accounting and finance.
• 2 years of experience of financial data analysis, financial forecasting, reporting and operational metrics tracking.
• 2 years of experience interpreting and translating financial metrics.
• Experience using the finance and accounting modules of a comprehensive ERP system (e.g. SAP and/or Great Plains) is considered an asset.

Education (Degree/Diploma/Certificate)

• Post-secondary degree and/or diploma in a related discipline such as management, accounting and finance, economics, public or business administration from an accredited education institution.
• An equivalent combination of education and experience may be considered.
• Additional formal education in diverse and innovative financial business data modeling, funding and commissioning models in the public sector, and systematic process improvement methodologies (such as the lean transformation framework) are assets.

Certification/Licensure/Registration

• Working towards achieving a Finance and Accounting designation is considered an asset but not required.

Qualifications and Skills

• Demonstrated comprehensive mid-level leadership capabilities. Shared Health has adopted the LEADS in a Caring Environment framework.
• Knowledge of business accounting practices and Public Stor Accounting standards an asset.

Physical Requirements

• Must be able to work safely in a typical computerized office environment with frequent meetings at multiple sites throughout the organization, and to lift and carry items of up to approximately 25 pounds.