Financial Analyst

Kensington Health; Toronto; On-site; CAD 65,000 - 90,000; Full time

Job summary

Kensington Health in Toronto, Ontario seeks a permanent full-time Financial Analyst to partner with the business on budgeting, forecasting, and financial reporting. You will manage month-end duties and support audits while ensuring accurate ledgers and compliance.

Join a not-for-profit healthcare community focused on inclusive, equitable care. The role offers collaboration across functions and opportunities to enhance financial controls and reporting processes.

Qualifications

• 2-3 years of related work experience.
• High proficiency in Microsoft Office applications.
• Experience with budgeting, forecasting, and financial reporting.
• Experience with month-end an asset.

Responsibilities

• Prepare monthly financial reports for corporate and ambulatory programs and analyze the variances to budget and forecast, and provide explanation of the variances.
• Participate in the budgeting and forecasting processes by understanding the business operations and modeling assumptions to identify pressures and provide actionable recommendations.
• Develop customized reports, performance indicators, and analyze trends for various users to provide a clear financial picture for decision-making; monitor funder and other reporting requirements.
• Validate financial and operational data, including general ledgers and compensation analysis, to ensure accuracy of reporting.
• Assist month-end by preparing closing entries to ensure accurate and complete financial records.
• Prepare and submit monthly revenue reports to the Ministry.
• Assist with the audit process by providing supporting documentation and responding to questions.
• Ensure well-structured documentation for backup information.
• Identify best practices in financial controls to optimize resources and streamline processes.
• Work with cross-functional teams to drive improvements and process reengineering.
• All other projects and duties assigned.

Skills

Analytical skills

Communication skills

Team collaboration

Time management

Attention to detail

Self-starter

Education

University degree in Accounting, Business, Commerce or Economics

Pursuing CPA

Tools

Microsoft Office

Microsoft Dynamics BC

Excel

Job description

Life at Kensington Health

At Kensington Health, we are proud to have built a community where people can bring their full selves to work. As a not-for-profit, we believe in the work we do every day. It's what motivates us, inspires, and propels our bold vision forward: a better life for everyone.

Diversity is at the heart of who we are and at Kensington, we celebrate our differences, knowing that creating safe, inclusive, and equitable spaces in healthcare strengthens our bold vision: building a better life for everyone. Our Diversity, Equity, and Inclusion efforts are guided by our DEI Strategy as we continuously strive to offer equal opportunities for all.

Our people are what make Kensington Health such a special place to work, learn, and grow and delivering exceptional health care to our community – and beyond – is what keeps people here for years. Interested in reimagining community-delivered care with us? Check out our open roles!

Kensington Health Perks

• Generous benefits package that includes employer-paid health plan and vacation.




• Free, confidential mental health and wellness support services through an Employee Assistance Program (EAP).




• Located near the vibrant and diverse Kensington Market neighbourhood, boasting a 99 Walk Score & 97 Public Transit Score.




• An environment that supports and fosters healthy work-life balance.

Job Overview

We are seeking a permanent full-time Financial Analyst who will serve as a business partner. This position will report to the Manager of Financial Planning & Analysis and work through the full cycle of accounting, reporting activities, and month-end duties.

Responsibilities

• Prepare monthly financial reports for corporate and ambulatory programs and analyze the variances to budget and forecast, as well as provide explanation of the variances.




• Participate in the budgeting and forecasting processes through understanding the business operations and modeling the assumptions, identify emerging pressures, provide actionable recommendations that support informed decision-making.




• Develop customized reports, performance indicators, and analyze trends for various users and stakeholders to provide a clear financial picture on the subject for effective decision-making. Monitor funder and other reporting requirements and provide timely, accurate, and compliant financial information.




• Validate financial and operational data, including but not limited to general ledgers, and compensation analysis to ensure accuracy and completeness of internal and external reporting.




• Assist month-end by preparing closing entries to make sure the financial records are accurate and complete.




• Prepare and submit monthly revenue reports to the Ministry.




• Assist with the audit process by providing supporting documentation and responding to questions.




• Ensure well-structured documentation for supporting/backup information.




• Identify best practices in financial controls to optimize resources and streamline processes.




• Work with cross-functional teams to drive improvements and process reengineering.




• All other projects and duties assigned.

Qualifications

Required Skills and Abilities:

• Excellent analytical and problem-solving skills with strong business acumen.




• Curious, creative, and courage in managing changes and adapt to best practices.




• Action and result-oriented, and comfortable taking calculated risks to better serve customers and the business.




• Well-organized with strong attention to details.




• Excellent written, verbal, interpersonal and, communication skills.




• Professionalism to interact effectively with stakeholders.




• Strong customer service orientation.




• Excellent time management skills and able to meet tight deadlines.




• Self-starter, able to work independently and collaborate with the team.

Required Knowledge and Experience:

• 2-3 years of related work experience required.




• High proficiency in Microsoft Office applications.




• Experience with Microsoft Dynamics Business Central an asset.




• Experience with budgeting, forecasting, and financial reporting.




• Experience with month-end an asset.

Required Professional Designation/Certificate:

• University Degree in Accounting, Business, Commerce or Economics.




• Pursuing a CPA.

Kensington Health is an equal opportunity employer and encourages applicants from equity seeking groups. Kensington Health is committed to providing reasonable accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). If you require accommodation for disability during any stage of the recruitment process, please indicate this in your cover letter.