Position Summary
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 organizational financial results, including assistance in the
preparation of financial statements for the year-end audit. The Senior
Financial Analyst will work autonomously to analyze financial results and work
with Managers 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 Senior
Financial Analyst 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.
Position Relationships
Reports
to the Executive-Vice President and Chief Financial Officer. Works closely with
executive leadership team and management.
Position
Responsibilities:
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 and ensure its accuracy and compliance with Public
Sector Accounting Standards (PSAS)
·
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
·
Prepare
comparative analysis against budget and historical results
·
Identify key
operating drivers and perform benchmarking analysis
·
Present
findings at monthly/quarterly reviews with leaders
·
Work
integrally with managers to achieve higher levels of performance and improved
patient care through focused use of strategic information, resource measurement
and evidence-based decision-making
·
Champion
action plans for meeting budget targets and developing forecasts
External
Reporting
·
Prepare
monthly, quarterly, and annual Ministry reporting submissions for Hospital,
Long-term Care and Primary Care
·
On an annual
basis, prepare organizational 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
Budget Development
·
Work with
Vice-Presidents and managers to lead development of the annual capital and
operating budget
·
Advise,
train and educate organizational staff at all levels regarding budgetary
planning, information systems, Management Information Systems (MIS) standards
and data quality
Treasury
·
Prepare and
analyze monthly cash forecasting and provide recommendations to ensure the organization
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
·
Research and
prepare accounting briefing notes for complex accounting issues
·
Innovate new
ways for data collection and analysis
·
Learn and
master Management Information Standards (MIS)
·
Participating
in special projects or committees as required
·
Identify
opportunities for process improvement to help streamline current processes
Qualifications
·
Qualified
Accountant (CPA, CA, CMA, CGA) with 3-4 years post-qualification experience in
financial analysis, reporting, month end close, process improvement and
treasury related work
·
Expertise
in financial planning, budgeting and analysis
·
Expertise in
financial reporting and control management
·
Demonstrated
in depth knowledge of Public Sector Accounting Standards for Not-for-profits
·
In-depth
understanding of the current healthcare funding models is desirable.
·
Knowledge of
MIS standards is desirable
·
Advanced MS
Office skills– Word, Excel, PowerPoint, Access, Outlook
Abilities
·
Excellent
organizational and time management skills, ability to prioritize and delegate
·
Strong
organizational and communication skills, effectively prioritizing tasks to
produce high-quality work within deadlines while remaining adaptable and
flexible
·
Initiative, sound judgment and attention to detail
·
Exceptional
interpersonal, communication, and collaborative skills with demonstrated
ability to manage conflicting views from cross functional groups
·
Exceptional
problem-solving skills, negotiation and conflict resolution skills
·
Evidence of strong
customer service focus and ongoing professional development
·
Demonstrated
good attendance and performance records with the ability to maintain these same
standards
·
Work
independently and be self-directed in a fast paced and dynamic environment
·
Maintain
staff & patient/resident confidentiality
·
Exceptional
written and verbal communication skills
·
Excellent
attendance record
Physical
Demands
·
Perform well
in moderate to high stress situations
·
Bending, and
lifting of objects
·
Requires
intense visual, listening and mental concentration for moderately long periods
of time
·
Varying
periods of sitting, standing, and walking
Working Conditions
·
Frequent
interruptions with changing priorities
·
Minimal
exposure to injury
·
Risk of
exposure to infection
·
Some lifting may be required
Accountabilities
- Adhere to DRDH
standards of behavior.
- Attend and
participate in identified training and/or education updates as deemed
necessary to maintain competence with DRDH privacy, safety, and
operational practices,
- Demonstrate
knowledge and follows all organizational policies, procedures and
instructions. Not to interfere with, alter, misuse or remove anything
provided for safety
- Report all
accidents, injuries, good catches/near misses/adverse events and dangerous
events
- Work in compliance
with the provisions of the Occupational Health and Safety Act and the
regulation by ensuring to:
o
Use
or wear the equipment, protective devices or clothing that the worker’s
employer requires to be used or worn;
o
Report
to their employer or supervisor the absence of or defect in any equipment or
protective device of which the worker is aware and which may endanger themselves
or another worker; and
o
Report
to their employer or supervisor any contravention of the Act or the regulations
or the existence of any hazard of which they know.
Hours of Work
- As required to
fulfill duties and obligations
- Full time 37.5
hours/week
- Part time as
assigned
- Ability to work
rotating shifts, weekends, and holidays
- Ability to take
calls-ins and on-call
The
above is intended to describe the general content of and requirements for the
performance of this job. It is not to be construed as an exhaustive statement
of duties, responsibilities or requirements. Other duties may be assigned and
may not be limited to the scope of an individual department.
Resumes must be
submitted through the Career Section of the DRDH Website:
http://www.drdh.org/hr
Deep River and District
Health supports the principles of employment equity, employee health, wellness
and individual safety and the compliance of the Accessibility for Ontarians
with Disabilities Act (AODA). We ask
that job applicants requiring accommodation inform Deep River and District Health
so that suitable arrangements can be prepared that take into account the
applicant’s accessibility needs. |