Financial Accountant

Ontario Health; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

Ontario Health is seeking a Financial Accountant to join their Finance team. The successful candidate will support financial accounting functions, manage supplier contracts, and ensure compliance with accounting standards. In return, Ontario Health offers competitive benefits including comprehensive medical coverage, vacation time, and career development opportunities.

Benefits

Fully paid medical, dental and vision coverage

Health care spending or wellness account

Premium defined benefit pension plan

Three personal days and two float days annually

Three weeks’ vacation to start

Career development opportunities

A wellness program

Qualifications

• 3 years' experience in accounting, reporting, and analysis.
• Chartered Professional Accountant (CPA) designation or working towards it.
• Knowledge of Public Sector Accounting Standards and accounting practices.

Responsibilities

• Support disbursement of $4 billion in annual payments.
• Manage Supplier Contracts per Transfer Payment Agreement terms.
• Prepare journal entries in compliance with Canadian Public Sector Accounting Standards.

Skills

Detail-oriented

Analytical skills

Organizational skills

Interpersonal skills

Problem-solving skills

Education

Bachelor’s degree in Accounting, Finance or Business Administration

Tools

Microsoft Excel

Workday Financials

Job description

Pour obtenir une traduction en français de l’offre d’emploi suivante, veuillez envoyer un courriel à [e-mail]. Les demandes seront traitées dans un délai de trois jours ouvrables et la période de dépôt des demandes sera prolongée de trois jours.

To obtain a French translation of the following job posting, please email [e-mail]. Requests will be addressed within three business days, and the application window will be extended by three business days.

At Ontario Health, we are committed to developing a strong organizational culture that connects and inspires all team members across the province. Our vision is that together, we will be a leader in health and wellness for all. Our mission is to connect the health system to drive improved and equitable health outcomes, experiences and value. How we work together is reflected through our five values: integrity, inspiration, tenacity, humility and care.

What Ontario Health offers:

Achieving your career goals is a priority to us. Benefits of working at Ontario Health may include the following based on employment type:

• Fully paid medical, dental and vision coverage from your first day

• a health care spending or wellness spending account

• a p remium defined benefit pension plan

• three personal days and two float days annually

• three weeks’ vacation to start (for individual contributors), increasing to four weeks after two years

• c areer development opportunities

• a collaborative values-based team culture

• a wellness program

• a hybrid working model

• p articipation in Communities of Inclusion

Want to make a difference in your career? Consider this opportunity.

As an integral member of the Finance team and reporting to the Finance Manager, the Financial Accountant supports specific financial accounting functions for the organization, in the area of Payables and Compliance. Financial Accountants have responsibility for their area of focus to prepare payments to Health Service Providers, journal entries, account reconciliations and ad hoc analysis. The Accountant responds to inquiries of internal or external stakeholders and ensures that support is complete and accurate.

Here is what you will be doing:

• Support the disbursement of $4 billion in annual payments by reviewing, validating, analyzing, and processing executed agreements.

• Manage Supplier Contracts in Workday per Transfer Payment Agreement terms.

• Respond promptly and clearly to payment-related inquiries from stakeholders.

• Collaborate with Finance and Ontario Health colleagues on Transfer Payments and other responsibilities.

• Prepare journal entries in compliance with Canadian Public Sector Accounting Standards and organizational policies.

• Reconcile accounts, investigate irregularities, and recommend solutions.

• Prepare analysis and communicate work performed for audit requests.

• Complete regulatory and ad hoc reporting requirements.

• Identify and implement improvements to tools, procedures, and internal controls.

• Deliver exceptional customer service to stakeholders.

• Perform assigned duties within the functional area.

• Apply professional skepticism to fraud risks, adhere to internal controls, and report suspected fraud or control gaps.

Here is what you will need to be successful:

Education and Experience

• Bachelor’s degree program in related field i.e., Accounting, Finance or Business Administration

• 3 years' experience in accounting, reporting, and analysis

• Chartered Professional Accountant (CPA) designation or currently working towards qualification

• Knowledge of accounting practices, procedures and Public Sector Accounting Standards

• Competent in Microsoft Office environment, specifically Microsoft Excel

• Experience with ERP, experience in Workday Financials is considered an asset

Knowledge and Skills

• Detail-oriented with strong analytical, organizational, and accuracy skills

• Effective communicator with strong interpersonal and time-management abilities

• Ethical and confidential in handling sensitive information

• Proactive self-starter with a strong sense of accountability

• Capable of completing projects independently with minimal supervision

• Exercises good judgment, initiative, and problem-solving skills

• Committed to exceptional client service

Location: GTA, Ontario ( currently hybrid; subject to change).

#LI-Hybrid

Employment Type:

Permanent Full time

Contract Length:

N/A

Salary Band:

Band 4

External Application Deadline Date:

June 10, 2025

All applicants must be a resident of Ontario to be considered for roles at Ontario Health.

Ontario Health encourages applications from candidates who are First Nations, Métis, Inuit, and urban Indigenous; Francophone; members ofBlack and racializedgroups; 2SLGBTQIA+ communities; trans and nonbinary individuals;and people living with disabilities.

Ontario Health is an accessible employer, and we offer accommodation in all aspects of employment, including the recruitment process. If you require a disability related accommodation in order to participate in the recruitment process, please email [e-mail] and a member of the team will connect with you within 48 hours.