Financial Analyst Iii

Financial Analyst III

Job Posting #: 925569

Site: 620 University Avenue

Department: Technology & Innovation

Reports to: Finance Business Manager

Hours: 37.5 hours per week

Salary: $74,428-$93,035 (To commensurate with experience and consistent with UHN compensation policy)

Status: Permanent, Full-Time

Posted Date: January 9, 2024

Closing Date: January 26, 2024

The University Health Network, where "above all else the needs of patients come first", encompasses Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute and the Michener Institute of Education. The breadth of research, the complexity of the cases treated, and the magnitude of its educational enterprise has made UHN a national and international resource for patient care, research and education. With a long tradition of ground-breaking firsts and a purpose of "Transforming lives and communities through excellence in care, discovery and learning", the University Health Network (UHN), Canada's largest research teaching hospital, brings together over 16,000 employees, more than 1,200 physicians, 8,000+ students, and many volunteers. UHN is a caring, creative place where amazing people are amazing the world.

Position Summary

As a member of the Technology & Innovation Finance team and reporting to Financial Business Manager, the Financial Analyst III performs a broad scope of professional accounting activities and will have the following responsibilities: working with senior finance management in the evaluation of assigned business cases; assisting with the preparation of the annual operating budget for assigned business area; preparing monthly and quarterly packages for senior management to facilitate the decision making and financial reporting process; supporting client groups; performing cross-functional duties and other duties consistent with the job classification, as required.

Duties

• Review and prepare annual operating budget and periodic forecasts
• Work with business area managers and directors to prepare a preliminary assessment of risks & opportunities in business portfolio
• Prepare monthly variance analysis, draft commentary to emphasis key areas of opportunities and risks to manage tight financial constraints to various levels of leadership
• Streamline, develop, and coordinate processes
• Improve and develop chargebacks process
• Supervise billings to internal and external customers
• Perform month-end close including preparing and posting journal entries
• Perform Balance Sheet accounts reconciliation
• Primary finance lead for annual reconciliation process for the T&I Provincial Consolidation submissions to Ministry of Health and Long-term Care
• Identify accounting issues, process issues and make solid recommendation
• Assist audits, perform in-depth written analysis, prepare & publish SBAR
• Perform cross-functional duties, as assigned or requested, including providing back-up support for other Financial Analyst. Perform other duties consistent with the job classification such as business analysis and cash modeling, as require

Qualifications

• University degree in Business Administration or equivalent program
• 5 years' experience in large complex accounting or auditing environment with exposure to a range of accounting principles, practices and procedures required
• Professional accounting designation (CPA), OR relevant combination of education and experience
• Experience in financial planning and analysis
• Experience with activity, workflow and organizational analysis for business/process re-engineering or efficiency improvements
• Advance level Excel skills
• Excellent analytical and problem-solving skills
• Excellent organizational, time management and interpersonal skills
• Excellent verbal and written communications skills
• Ability to take initiative and embrace challenges

Why join UHN?

In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.

• Competitive offer packages
• Government organization and a member of the Healthcare of Ontario Pension Plan (HOOPP https://hoopp.com/)
• Close access to Transit and UHN shuttle service
• A flexible work environment
• Opportunities for development and promotions within a large organization
• Additional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)

Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.

Vaccines (COVID and others) are a requirement of the job unless you have an exemption on a medical ground pursuant to the Ontario Human Rights Code.

UHN is a respectful, caring, and inclusive workplace. We are committed to championing accessibility, diversity and equal opportunity. Requests for accommodation can be made at any stage of the recruitment process. Applicants need to make their requirements known in advance. Any information received related to an accommodation will be addressed confidentially.

University Health Network thanks all applicants, however, only those selected for an interview will be contacted.