Financial Analyst III

University Health Network; Toronto; On-site; CAD 65,000 - 85,000; Full time

Job summary

A leading healthcare organization, UHN, is seeking a Financial Analyst III to join their clinical finance team in Toronto. The successful candidate will be responsible for preparing financial reports, analysis activities, and providing insights to support data-driven decision-making. This full-time position offers a comprehensive benefits package at Canada's top research hospital.

Benefits

Competitive offer packages

Government organization pension plan

Close access to Transit and shuttle service

Flexible work environment

Opportunities for promotion

Corporate discounts and on-site gyms

Qualifications

• Minimum of 3 years in financial analysis, preferably in healthcare.
• Working towards CPA designation expected.
• Expertise in complex data analysis and financial reporting.

Responsibilities

• Prepare monthly, quarterly, and annual financial reports.
• Conduct variance and trend analysis.
• Coordinate the annual operating budget process.

Skills

Analytical skills

Problem-solving skills

Communication skills

Organizational skills

Education

University degree in Business Administration, Accounting, Finance

Tools

Microsoft Excel

Power BI

SAP

Job description

UHN is Canada’s #1 hospital and the world’s #1 publicly funded hospital. With 10 sites and more than 44,000 TeamUHN members, UHN consists of Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute, The Michener Institute of Education and West Park Healthcare Centre. As Canada's top research hospital, the scope of biomedical research and complexity of cases at UHN have made it a national and international source for discovery, education and patient care. UHN has the largest hospital-based research program in Canada, with major research in neurosciences, cardiology, transplantation, oncology, surgical innovation, infectious diseases, genomic medicine and rehabilitation medicine. UHN is a research hospital affiliated with the University of Toronto.

UHN’s vision is to build A Healthier World and it’s only because of the talented and dedicated people who work here that we are continually bringing that vision closer to reality.

Union: Non-union
Site: Toronto General Hospital, Toronto Western Hospital
Department: Finance
Reports to: Finance Business Manager
Hours: 37.5 hours week
Status: Permanent, Full-Time
Closing Date:July 14, 2025

Position Summary

As a key member of the clinical finance team, theFinancial Analyst IIIperforms a wide range of professional accounting activities requiring application of advanced professional and competent knowledge of accounting concepts, principles and practices. This individual works independently under broad direction and within established accounting systems. The scope of the role includes effective financial planning, performance measurement, and analysis of activities, revenues, and costs. The role works closely with stakeholders (senior management, unit managers, and directors) reviewing, strategizing and making recommendations on Unit/Program financials; preparing and analyzing monthly/quarterly packages to facilitate decision making and financial/activity reporting.

Duties

• Prepare accurate and timely monthly, quarterly, and annual financial reports, dashboards, and analysis packages to support leadership in operational and strategic decision-making.
• Prepare journal entries, account reconciliations, and other month-end close activities for assigned portfolios.
• Conduct monthly variance and trend analysis, highlighting key drivers, risks, and opportunities for senior management.
• Coordinate the annual operating budget process and maintain rolling forecasts throughout the fiscal year for assigned portfolios.
• Provide timely, data-driven insights and financial guidance to support optimal decision-making
• Collaborate with program managers and directors during monthly/quarterly financial reviews; support action plan development and identify cost-saving or revenue-enhancement opportunities.
• Liaise with corporate finance departments for program such as but not limited to financial management, activity reporting, case costing, and funding proposals, as well as funding reconciliations and audit requirements
• Participate in ad-hoc clinical and financial projects by providing financial/statistical analysis andstrategic insights to drive decision making
• Model and analyze large volume of clinical data to help drive decision making including case volume and personnel planning

Qualifications

• Minimum of 3 years of progressive experience in financial analysis and accounting, preferably within a complex, multi-funded, or healthcare environment
• Advanced knowledge of accounting principles and standards, financial planning, and budgeting processes.
• University degree in Business Administration, Accounting, Finance or equivalent program required
• Obtained or working towards the CPA designation
• Excellent analytical and problem solving skills
• Demonstrated expertise in performing complex data analysis and interpreting large volumes of financial and statistical data
• Highly skilled in Microsoft Excel, proficiency in Power BI, SAP, or similar ERP/BI systems is a strong asset
• Proficient in preparing detailed financial reports, dashboards, and business cases tailored to stakeholders
• Strong written and verbal communication skills, with the ability to convey complex financial information clearly to non-financial stakeholders
• Exceptional organizational and time management skills, with a proven ability to manage competing priorities and deadlines in a fast-paced, high-volume environment.
• Self-motivated, proactive, detail oriented and solution-oriented with strong analytical and problem-solving capabilities
• Demonstrated understanding of confidentiality, privacy legislation, and internal controls related to sensitive financial data.

Additional Information

In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.

• Competitive offer packages
• Government organization and a member of the Healthcare of Ontario Pension Plan (HOOPP https://hoopp.com/ )
• Close access to Transit and UHN shuttle service
• A flexible work environment
• Opportunities for development and promotions within a large organization
• Additional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)

Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.

All applications must be submitted before the posting close date.

UHN uses email to communicate with selected candidates. Please ensure you check your email regularly.

Please be advised that a Criminal Record Check may be required of the successful candidate. Should it be determined that any information provided by a candidate be misleading, inaccurate or incorrect, UHN reserves the right to discontinue with the consideration of their application.

UHN is an equal opportunity employer committed to an inclusive recruitment process and workplace. Requests for accommodation can be made at any stage of the recruitment process. Applicants need to make their requirements known.

We thank all applicants for their interest, however, only those selected for further consideration will be contacted.