Financial Analyst - Billing Specialist FTC 2025-6455

Cambridge Memorial Hospital; Cambridge; On-site; CAD 60,000 - 80,000; Full time

Job summary

A community hospital in Waterloo Region is seeking a Financial Analyst. You will lead the new billing system implementation, collaborate with teams to optimize revenue, and prepare critical financial reports. The ideal candidate has a post-secondary degree in Business or Accounting, at least 2 years of financial analysis experience, and a CPA designation is preferred. A commitment to equity and safety in healthcare is essential. This role offers competitive salary and benefits in a supportive environment.

Benefits

Healthcare of Ontario Pension Plan (HOOPP)

Group benefits, including health and dental for full-time employees

Employee and Family Assistance Program

Career Development & Education Grant

Qualifications

• Minimum 2 years of financial analysis experience in hospital billing and revenue.
• Professional Accounting Designation – CPA preferred or in process.
• Knowledge of Ministry of Health MIS Guidelines and OHIP billing.

Responsibilities

• Lead implementation of the new billing platform.
• Optimize revenue generation and billing procedures.
• Prepare and analyze monthly reports.

Skills

Financial analysis

Accounting principles

Communication skills

Organizational skills

Education

Post-secondary degree/diploma in Business or Accounting

Tools

Meditech

Oracle HIS

Job description

Overview

Join a hospital where everyone makes a difference! Cambridge Memorial Hospital (CMH) is a thriving community hospital that proudly provides acute care services including: Emergency, Surgery, Medicine, Women’s and Children’s Health, Intensive Care, Mental Health, and Inpatient Rehabilitation.

Our vision is to creating healthier communities together. Our dedicated and skilled staff are passionate about providing outstanding patient-centred care, and an exceptional patient experience to residents of the Waterloo Region and beyond.

Come be part of our vision as CMH leads in innovation and compassion! To learn more about CMH, please visit our website at www.cmh.org.

Why Should You Apply to CMH?

• Healthcare of Ontario Pension Plan (HOOPP)
• Group benefits, including health and dental, for full-time employees
• Employee and Family Assistance Program
• Leadership and Quality Improvement Curriculum
• Career Development & Education Grant
• Wellness, & Wellbeing Program
• Diversity, Equity and Inclusion Initiatives

Job Description

Salary Range: $44.51 - $52.98

Position Summary:

The Financial Analyst will be responsible for performing a wide range of professional accounting activities requiring application of an advanced professional and competent knowledge of accounting concepts, principles and practices. This position contributes to ensuring there is a safe environment for patients, staff, and visitors. As a key member of the Finance department, the Financial Analyst will specialize in Billing System implementation and will be accountable for the following tasks which include but are not limited to:

• Lead the implementation of the new billing platform including configuring the system to align with hospital workflows and payer requirements
  • co-ordinate testing, validation and go-live activities
  • develop training materials and conduct sessions for staff
  • provide post-implementation support
• Collaborate with HIS implementation team to integrate the billing platform with HIS and Meditech financial system
• Optimize revenue generation, billing procedures and reporting
• Ensure compliance with OHIP schedule of Benefits and MIS guidelines
• Prepare and analyze monthly reports relating to ministry funded programs, patient revenue, and specialized physician payments
• Prepare monthly journal entries
• Analyze monthly operating statements for completeness and reasonability
• Complete monthly reconciliations of general ledger accounts including investigation and resolution of any accounting discrepancies or irregularities
• Compile data and complete Ministry of Health submissions, as well as supplementary reporting
• Develop templates and reports to assist senior financial analysts and managers in developing their annual operating budgets
• Provide ad hoc financial reports and information for Management
• Support the completion of the year-end external audit
• Maintain financial and statistical general ledger accounts in accordance with MIS Guidelines
• Assists in other projects and reports as assigned by the Manager, Finance

Skills and Qualifications:

• Post-secondary degree/diploma in Business or Accounting program required
• Professional Accounting Designation – Chartered Professional Accountant (CPA) preferred or in process
• Minimum 2 years of financial analysis experience in hospital billing and revenue
• In-depth knowledge of accounting concepts, techniques and principles required
• Knowledge of Ministry of Health MIS Guidelines and OHIP billing
• System implementation experience is an asset
• Experience with Meditech, Oracle HIS, HRCM preferred
• Self-motivated with a demonstrated ability to work in a fast paced environment with competing priorities, performing time sensitive tasks
• The ability to work at a high level independently or as part of a team
• Excellent interpersonal, communication, and organizational skills is required
• Regular Attendance is required

As part of our commitment to the health and safety of our patients, staff and community from COVID-19, subject to any accommodation required by applicable human rights legislation, Cambridge Memorial Hospital requires that all staff have received all required doses of a COVID-19 vaccine approved by Health Canada.

The successful external applicant is required to provide the applicable criminal record check, as requested by Human Resources, in accordance with federal and provincial legislation. Valid criminal record checks are in original format and dated with two months from date of conditional offer from CMH.

CMH Inclusion Statement

At Cambridge Memorial Hospital (CMH), community matters to us. We acknowledge and are grateful for the opportunity to meet, work and offer healthcare on what is the traditional territories for the Anishinaabe, the Haudenosaunee and the Chinnonton.

We are committed to providing and fostering a respectful, caring, and inclusive workplace; one that generates belonging. We want a work culture where people are free to express their authentic selves and are able to bring their best daily. That includes a workplace that is free from violence, harassment and discrimination of any kind.

We welcome all applicants and encourage members of equity-deserving groups including Indigenous and LGBTQ2SIA+ communities regardless of race, gender, sexual orientation, gender identity or expression, lifestyle, age, educational background, national origin, religion, neurodiversity or physical ability. We promise to ask if needed, and to provide reasonable accommodation to you during the recruitment and selection process to ensure an equitable experience.

To support all of us in this journey, Cambridge Memorial Hospital is an employee partner with the Canadian Centre for Diversity & Inclusion (CCDI) and provides access to all CMH members to CCDI resources and education. We encourage you to reflect upon our inclusive commitment to you as we welcome and encourage you to explore a promising future career at CMH.

Mari Iromoto Executive Champion Diversity, Equity and Inclusion

Susan Toth, Director of Human Resources

We thank all those who apply, however only those selected for an interview will be contacted.

Cambridge Memorial Hospital (CMH) proudly integrates AI-based technologies into its applicant screening process to enhance recruitment. These tools are designed to reduce bias and uphold fair hiring practices based on skills, education, and experience. CMH’s AI serves to assist, not replace, human decision-making, with results audited to ensure quality and equity. This initiative reinforces the hospital’s commitment to Equity, Diversity, and Inclusion, ensuring the best talent is selected while adhering to its core values.