2500001345 - Sr. Business Advisor

Lakeridge Health; Whitby; On-site; CAD 100,000 - 125,000; Full time

Job summary

An established industry player is seeking a Senior Business Advisor to enhance decision-making through financial and clinical performance analysis. This role involves collaborating with healthcare management to evaluate data, formulate improvement strategies, and support operational objectives. The ideal candidate will have a strong background in financial analysis, excellent communication skills, and the ability to work effectively in a team-oriented environment. Join a forward-thinking organization committed to inclusion, diversity, and a safe work culture, where your contributions can make a significant impact on healthcare services.

Qualifications

• 3-5 years of experience with financial and clinical data analysis in healthcare.
• Strong organizational skills and ability to collaborate across departments.
• Experience in preparing technical reports and presentations.

Responsibilities

• Evaluate financial and clinical performance to inform strategic decision-making.
• Liaise with partners in Financial Performance and Decision Support.
• Develop improvement strategies based on data and analysis.

Skills

Financial Analysis

Data Interpretation

Customer Service

Analytical Skills

Communication Skills

Project Management

Team Collaboration

Education

University Degree in Business or Health Administration

Graduate Degree or CPA

Tools

CIHI

MIS

Spreadsheets

Databases

Reporting Tools

Job description

Sr. Business Advisor

Department: DRCC Regional Program

Program: DRCC Administration

Status: Regular Full Time

Days - 8 Hour Shifts (Subject to Change)

Lakeridge Health Corporate - Champlain

Wage Schedule: $44.990 - $61.350 per hour

Vacancy: 2500001345

Duties And Responsibilities

Reporting to the Manager, Financial Planning and Analysis, the Senior Business Advisor works with all levels of healthcare management, including members of our senior team, to evaluate financial and clinical performance, formulate improvement strategies, and generate decision support insights that will inform strategic decision-making across all programs and services.

The successful candidate will form a strong partnership with an assigned portfolio and become a subject-matter expert for this portfolio from the perspective of financial and statistical data and analyses needed to inform operations. The Senior Business Advisor understands the strategic & operational objectives of their respective portfolio, including the connection between the portfolio's budget, revenues, expenses, and key performance indicators (including population health, experience of care, team wellness & sustainability measures). As a main point of contact & synthesis, the Advisor liaises with partners in Financial Performance, Decision Support (Analytics & BI), Coding, Analytics Governance & Human Resources in support of & on behalf of their portfolio.

Achievement of objectives in this role is realized through the subject matter expertise & relationships developed between the Advisor and their portfolio leadership team. Understanding the priorities of their portfolio, key performance indicators, quality initiatives, and their relationship to budget, expenses, and revenues, the Advisor is part of a broader team of Advisors that collectively create a comprehensive picture of organizational performance.

Qualifications

• University degree in business or health administration, or a related discipline;
• A graduate degree in one of the aforementioned disciplines and/or a financial designation (i.e., CPA) considered an asset;
• Minimum of three to five years of experience with financial and/or clinical data and analysis in a healthcare setting or an equivalent combination of graduate education and experience;
• Experience providing data and analytics advisory supports, including interpretation & strategic guidance;
• Experience working in a customer-service or consulting model, with demonstrated experience identifying opportunities & challenges for clients;
• Knowledge and understanding of the use of financial and activity-based data in a healthcare setting;
• Familiarity with general ledger, case costing systems, and the impact of coding (i.e., DAD, NACRS, WTIS) on financial and quality measures;
• Familiarity with provincially and nationally reported quality measures, including data sources and benchmarks (i.e., length of stay, readmissions, mortality, rate of falls, pressure wounds, etc.), and their relationship to financial performance and/or improvement projects;
• Experience working with analysis tools, e.g., CIHI, MIS, and other Ministry tools;
• Experience in preparing technical reports, briefing notes, balanced scorecards, and presentations of findings;
• Experience in planning, operationalizing, and evaluating new performance improvement strategies;
• Ability to work with interdisciplinary or multi-professional teams to achieve results;
• Strong organizational and analytical skills and proven ability to collaborate across departments;
• Initiative in identifying new solutions and engaging colleagues;
• Highly developed computer skills, including spreadsheets, databases, and reporting tools;
• Excellent verbal and written communication skills;
• Responsive to time-sensitive data requests and capable of prioritizing workload;
• Commitment to core values of Inclusion, Compassion, Innovation, Teamwork, and Joy;
• Understanding of and commitment to safety programs and practices, including staff and patient safety, and participation in regular in-service education.

Conditions Of Employment

The terms and conditions of employment are in accordance with Lakeridge Health's policies and procedures.

Lakeridge Health thanks all applicants; only those selected for an interview will be contacted.

Successful external applicants must provide a satisfactory Criminal Investigation Reference for the vulnerable sector, dated within the past six months.

Accommodation will be provided throughout the recruitment and assessment process in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). Applicants should disclose needs in advance.

We value inclusion and diversity, fostering a respectful, inclusive, and accessible culture. We are an equal opportunity employer welcoming all qualified applicants.

Lakeridge Health is committed to a safe, healthy work environment and COVID-19 transmission prevention. All new team members must provide proof of full COVID-19 vaccination during the pre-employment health assessment, subject to exemptions under the Ontario Human Rights Code.