Financial Analyst

The Royal; Ottawa; On-site; CAD 85,000 - 115,000; Full time

Job summary

The Royal Ottawa Health Care Group (ROHCG) in Ottawa seeks a Financial Analyst to support accurate internal and external financial reporting and forecasting. You will analyze data, develop models, and generate reports to assist strategic decisions.

Reporting to the Finance Manager, the role requires a university degree in finance or accounting, CPA designation, 5+ years of experience, and advanced Excel skills.

Qualifications

• Requires a university degree in finance, business, or accounting.
• Minimum 5 years of relevant accounting and financial reporting experience.
• CPA designation is required.
• Strong Excel and spreadsheet skills.
• Experience with ERP systems and financial reporting.

Responsibilities

• Analyze and review financial transactions and statements ensuring accuracy and consistency.
• Prepare complex adjusting and accrual journal entries in accordance with GAAP.
• Analyze and reconcile balance sheet accounts, resolving discrepancies as needed.
• Perform monthly financial analysis, including variance reviews of transactions and account balances.
• Conduct quarterly and monthly forecasting, including tracking key metrics, evaluating trends, and identifying financial opportunities and risks, and pressures.
• Review and validate budget entries in Adaptive Insights, ensuring all revenues and expenses are properly accounted for.
• Maintain and update general ledger reports to ensure accuracy and completeness of financial data.
• Oversee the preparation and review of internal and external financial reports, including monthly, quarterly, and annual financial statements.
• Collaborate with team members to identify and implement process improvements and efficiencies.
• Work with internal and external stakeholders to resolve accounting issues and ensure accurate transaction reporting.

Skills

Analytical skills

Communication skills

Problem solving

Teamwork

Discretion

Process improvement

ERP familiarity

Education

University degree in finance, business or accounting

Tools

Excel

Adaptive Insights

ERP systems

Job description

Reporting to the Finance Manager, the Financial Analyst plays a critical role in ensuring the accurate and timely internal and external financial reporting for The Royal Ottawa Health Care Group (ROHCG) and its associated organizations. This position is responsible for analyzing financial data, developing financial models, preparing forecasts, and generating reports to support strategic decision-making across the organization.

Key Responsibilities

• Analyze and review financial transactions and statements ensuring accuracy and consistency.
• Prepare complex adjusting and accrual journal entries in accordance with Generally Accepted Accounting Principles (GAAP)
• Analyze and reconcile balance sheet accounts, resolving discrepancies as needed.
• Perform monthly financial analysis, including variance reviews of transactions and account balances.
• Conduct quarterly and monthly forecasting, including tracking key metrics, evaluating trends, and identifying financial opportunities and risks, and pressures.
• Review and validate budget entries in Adaptive Insights, ensuring all revenues and expenses are properly accounted for.
• Maintain and update general ledger reports to ensure accuracy and completeness of financial data.
• Oversee the preparation and review of internal and external financial reports, including monthly, quarterly, and annual financial statements.
• Collaborate with team members to identify and implement process improvements and efficiencies.
• Work with internal and external stakeholders to resolve accounting issues and ensure accurate transaction reporting.

Qualifications

• University Degree in finance, business or accounting.
• Minimum 5 years of experience.
• CPA Designation.
• Strong working knowledge of spreadsheets (excel)
• Strong problem-solving abilities across both finance and hospital operations, with a proven track record of identifying and resolving complex issues.
• Excellent communication & interpersonal skills for internal and external stakeholders to present and interpret results.
• Flexible with the ability to work under pressure, meet deadlines, and take on complex ad hoc analysis.
• Advanced analytical skills to interpret large datasets to uncover trends, forecast and support strategic planning.
• Advanced spreadsheet (i.e. Excel) as well as ability to quickly learn new ERP systems.
• Excellent teamwork skills, ability to collaborate and knowledge share to support peers. Demonstrated confidence and professionalism in engaging with senior leaders to communicate financial data and support decision-making.
• Demonstrates initiative to recommend changes to identify opportunities for process improvement, enhance financial operations and reporting efficiency.
• Ability to be discreet and maintain confidentiality related to both financial and operational matters.
• Effectively manage concurrent projects.

Language Requirements

English level A- is mandatory in oral expression, comprehension, reading and writing. Bilingual (French/English) is considered an asset