Finance Business Partner

Canadian Institute for Health Information; Ottawa; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading health organization in Ottawa is seeking a Finance Business Partner to support financial planning and analysis across various programs. The ideal candidate will have an undergraduate degree in business administration or commerce, CPA designation, and 3-5 years of relevant experience. Proficiency in ERP systems and strong communication skills are essential for this role, which offers a competitive salary and generous benefits.

Benefits

HOOPP Pension Plan (Defined Benefits Pension)

Generous vacation days

Career Planning Program

Learning and Professional Development Program

Qualifications

• 3-5 years of relevant experience in financial analysis, budgeting & forecasting.
• Experience with ERP systems; knowledge of Unit 4 is an asset.
• Fluency in English required, bilingualism is an asset.

Responsibilities

• Act as a business partner for various programs to assist with financial planning.
• Support managers throughout the budget cycles and provide training.
• Prepare financial reports and variance analysis.
• Assist with monthly accruals and budget reallocation.

Skills

Financial analysis

Budgeting & forecasting

Communication skills

Problem-solving skills

ERP systems experience

Education

Undergraduate degree in business administration or commerce

Certified professional accounting designation

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Power BI

Unit 4 Business World

Job description

At CIHI, we recognize what matters to our employees.

Some of the benefits of working at CIHI include

• HOOPP Pension Plan (Defined Benefits Pension)
• Retirement Planning Program
• Generous vacation days for permanent and long‑term contracts
• Work‑life balance
• Career Planning Program
• Learning and Professional Development Program
• Flexible benefits program from your first day on the job for permanent and long‑term contracts

Why is this role important?

Under the direction of the Senior Finance Business Partner the Finance Business Partner plays a key role during quarterly, mid‑year, year‑end and budget reviews. The Finance Business Partner shall develop strong working relationships with managers in their business group by supporting managers with financial planning, reporting and analysis of interest or importance to the business group to support decision making. As required, liaises with the Accounting Services & Corporate Reporting and Finance Development & Strategic Projects departments.

What you’ll do

1. Act as a business partner for a portfolio of program areas to assist them with financial planning, general inquiries, interpretation of financial statements / reports, including accounting / reporting policies and practices and any other finance related matters. Ensure managers have an understanding of financial performance requirements and provide financial awareness training where necessary. Deliver learning and training programs on key finance concepts, policies, processes, tools and templates.
2. Provide customer service and support to managers, directors and vice‑presidents throughout the quarterly, mid‑year, year‑end and budget cycles. Work with business owners to identify, analyze and summarize significant deviations / important elements and related implications from the approved operating plan and budget (including projections) and recommend potential budget cuts and / or resources reallocation. Based on knowledge of portfolio and assessment of information in file, assist managers with preparation of quarterly accruals.
3. Support the Corporate Reporting Unit with the consolidation of the corporate financial results and high‑level corporate variance explanations.
4. Work collaboratively with program area to prepare financial reports, variance analysis, projections and other documentation related to specific purpose funding and ensure financial information is in accordance with the agreement. Reconcile specific purpose funding financial reports with the general ledger and cost distributions. Prepare journal entries as required.
5. Perform various reviews / analyses as required to support Management’s ongoing operational / financial decision‑making (e.g., procurement requisitions, new request for resources, funding proposal, multi‑year forecast, cash management, etc.) and enterprise risk assessment. Participate in product and service costing and financial reporting for business cases.
6. Maintain the cost accounting and financial reporting systems and ensure distribution of labour costs and cost tracking of programs / projects at sources. Perform product and service management analysis.
7. Participate, as required, in the ongoing maintenance and major enhancements of the financial reporting / business system. Recommend efficiencies and participate in the implementation of enhancements.
8. Keep current with the Generally Accepted Accounting Principles and best practices in order to ensure CIHI’s financial statements and accounting / reporting policies and practices are compliant. Maintain excellent knowledge of CIHI programs and projects.
9. Complete other ad hoc support and analysis, as required.

What you’ll bring to the table

• Undergraduate degree in business administration or commerce is required. Completion of, or actively working towards, obtaining a certified professional accounting designation required.
• Three to five years of relevant experience in financial analysis, budgeting & forecasting.
• Ability to successfully handle multiple priorities concurrently.
• Experience with ERP systems. Knowledge of Unit 4 Business World is an asset.
• Strong financial analytical skills.
• Sound judgment, problem‑solving and decision‑making skills.
• Strong oral and written communication, interpersonal and facilitation skills and a focus on service to internal clients.
• Proven ability to work in a sophisticated computerized environment and proficiency in using spreadsheet applications.
• Experience in the use of Microsoft Office applications including Excel, Word, and PowerPoint. Experience with Power BI is an asset.
• Fluency in English required, bilingualism in both official languages is an asset.