Financial Analyst

Toronto East Health Network; Toronto; On-site; CAD 67,000 - 82,000; Full time

Job summary

Michael Garron Hospital is seeking a Financial Analyst to manage accounting functions aligned with their mission. This role involves financial reporting, monthly reconciliation of donations, and adherence to internal policies. The qualified candidate should have a degree in accounting or finance and relevant experience, showing great analytical skills and attention to detail. Comprehensive benefits, including a competitive salary and potential bonus, are offered.

Benefits

Industry leading pension plan (HOOPP)

Comprehensive group health and dental benefits package

Employee discount program

Tuition assistance

Qualifications

• 3+ years of accounting experience (preferably in a hospital/foundation environment).
• Demonstrated understanding of accounting principles for not-for-profits and fund accounting.
• Experience with CRA guidelines for charities preferred.
• Enthusiasm to support broader foundation events and initiatives.

Responsibilities

• Performing full cycle Accounts Payable processing including invoice verification.
• Reconcile monthly donation revenues with the gift processing team.
• Preparation of monthly financial reports, including income statements.
• Assist in annual financial statement audit preparation and regulatory remittances.

Skills

Accounting principles

Analytical skills

Attention to detail

Communication skills

Time management

Microsoft Office Suite

Education

Post-secondary degree in Accounting or Finance

Tools

Blackbaud Financial Edge NXT

Blackbaud Raiser's Edge NXT

Job description

Requisition #:

FND2502

Job Category:

Foundation

Department:

Foundation

Job Type:

Permanent Full Time

Standard Work Hours:

37.5 HOURS/WEEK

Open Positions:

1

Job Number:

J0725-0737

OVERVIEW

Michael Garron Hospital provides high-quality, patient-centred healthcare services to families along the continuum of care, from welcoming a new life to facing end-of-life. Serving 400,000 people in East Toronto, we deliver first-rate care on a first-name basis-90 per cent of the healthcare people need, at a level of excellence rivaling anywhere else in the city. We are also developing tomorrow's healthcare leaders, with the largest community and family medicine teaching program affiliated with the University of Toronto. Michael Garron Hospital is a proud member of East Toronto Health Partners, the Ontario Health Team serving East Toronto.

Michael Garron Hospital Foundation raises funds and engages our community in support of our hospital. The foundation recently marked the successful closure of our Heart of the East Campaign to raise $100 million for our hospital's redevelopment. Tens of thousands of donors helped us surpass our goal by an incredible $26 million. We have bold aspirations for what's next that includes bringing the benefits of renewed spaces to even more of our patients, increasing surgical capacity and equipping our teams with reliable tools and modern equipment.

To learn more, visit mghf.ca.

Currently we have an exciting opportunity for a finance professional to join our team as a Financial Analyst.

SUMMARY

The Financial Analyst is responsible for performing accounting duties of Michael Garron Hospital Foundation (MGHF) in-line with the organization's strategic plan and mission.
Reporting to the Director of Finance, this role will help prepare the monthly, quarterly, and annual financial statements, management reporting and other ad-hoc analysis and reports. This role will oversee the full cycle general accounting functions. They will work closely with the gift processing team to reconcile monthly donation revenue, ensuring accuracy and completeness.

KEY AREAS OF RESPONSIBILITY
• Full cycle Accounts Payable processing, which includes reviewing invoices for accuracy, coding and entering invoices for payment, setting up electronic fund transfers or printing cheques, and liaising with vendors as needed
• Verify and process staffexpense claims and corporate credit card transactions
• Ensure payments followMGHF's internal procurement and signing authority policies
• Maintain and reconcile bank reconciliations
• In collaboration with the gift processing team, reconcile monthly donation revenues in Raiser's Edge to the bank and post to Financial Edge, ensuring completeness and accuracy
• Full cycle general accounting for month-end and year-end closing
• Preparation of monthly journal entries, general ledger reconciliations,and analysis
• Preparation of accurate and timely monthly financial reports, including income statements, balance sheets, continuity schedules, and dashboards
• Work with the MGH Finance team to review and process grant payments
• Assist in the creation, maintenance, and data entry of budgets and forecasts
• Preparation of working papers for the annual financial statement audit ensuring accurate and timely execution
• Assist in the preparation of regulatory remittances (i.e. HST returns, T3010 charity returns)
• Act as a finance partner to the foundation team, and back up forthe Director of Finance
• Basic systems maintenance in Financial Edge and Raiser's Edge (i.e. update chart of accounts, data tables, set up new funds)
• Other duties as assigned

EDUCATION
• Post-secondary degree in Accounting or Finance (CPA, CMA, CGA designation preferred)

QUALIFICATIONS
• 3+ years of accounting experience (preferably in a hospital/foundation environment)
• Demonstrated understanding of accounting principles for not-for-profits and fund accounting
• Experience with Blackbaud Financial Edge NXT and Blackbaud Raiser's Edge NXT preferred
• Experience with or understanding of CRA guidelines for charities preferred
• Highly analytical and attentive to detail with a strong sense of urgency and a progressive approach to technology adoption and process improvement
• Excellent communication skills both oral and written
• Strong time management, organizational, and interpersonal skills
• Ability to work independently with a can-do attitude
• Microsoft Office Suite proficiency (Word, Excel, PowerPoint, etc.)
• Enthusiasm to support broader foundation events and initiatives inside and outside regular work hours
• Willingness to learn and take on additional responsibilities as appropriate.
- All employees of MGH Foundation agree to work within the legislated practicesof the Occupational Health and Safety Act of Ontario.
- All employees of MGH Foundation are responsible to contribute to a transparent culture of patient and staff safety by adhering to and abiding by patient and staff safety policies and procedures setby MGH Foundation.
- All employees are accountable for protecting the psychological health and safety of themselves and their co-workers through adherence to MGH Foundation's policies and practices.

COMPENSATION

We offer an industry leading pension plan (HOOPP), a comprehensive group health and dental benefits package, fitness classes and gym membership, an employee discount program, and tuition assistance. Our target hiring salary range is $67,000 - $82,000 annually with an additional performance-based bonus of up to 6%.

Qualified applicants are invited to submit their resume and cover letter by July 31, 2025 to [e-mail]. We will be reviewing packages as they are received, therefore early applications are encouraged. We thank allapplicants and advise that only those selected for an interview will be contacted.

Michael Garron Hospital fosters an inclusive and diverse work environment. We are committed to providing accommodation for applicants upon request at any stage ofthe recruitment process. Should you require accommodation, please let us know how we can work with you to meet your needs.

Are you interested in this job?