Manager, Financial Planning & Analysis

The Ottawa Hospital; Ottawa; On-site; CAD 90,000 - 120,000; Full time

Job summary

The Ottawa Hospital is seeking a dynamic leader for the position of Manager, Financial Planning, Reporting and Analysis. This pivotal role requires a strong financial acumen and leadership capabilities to enhance the financial processes and stewardship within a complex healthcare environment. The Manager will oversee budgeting, forecasting, and collaboration with various departments to ensure financial sustainability and operational efficiency, driving strategic financial initiatives across the organization.

Benefits

Comprehensive benefits package

Defined Benefit Pension (DBP) plan

Health and Wellness resources

Qualifications

• Five (5) years’ relevant experience in finance-related positions.
• Three (3) years of leadership experience.
• Strong knowledge of financial planning & analysis principles.

Responsibilities

• Lead a team of accounting/financial planning professionals.
• Oversee budget control processes and financial analysis.
• Provide financial management training across the organization.

Skills

Financial analysis

Leadership

Strategic planning

Communication

Problem solving

Collaboration

Critical thinking

Education

Four (4) year Undergraduate Degree in Business, Finance or a related field

Chartered Professional Accountant (CPA) or equivalent designation

Tools

MS Office Suite

Automated financial systems

Job description

About The Ottawa Hospital

Inspired by research and driven by compassion!

The Ottawa Hospital (TOH) is one of Canada’s largest learning and research multi-campus hospitals. With more than 1,100 beds and approximately 12,000 staff members, we deliver specialized care to the Eastern Ontario region.

From the compassion of our people to the relentless pursuit of new discoveries, The Ottawa Hospital never stops seeking solutions to the most complex health-care challenges while continually engaging with the community to support our vision for better patient care.

Working together with its research institute, the University of Ottawa, and other partners, the hospital is continually gaining national and international recognition for high-quality patient care, teaching and research, while striving to meet the needs of the culturally diverse community we serve.

Position Information

The Ottawa Hospital is seeking a dynamic leader to serve in the role of Manager, Financial Planning, Reporting and Analysis. The Manager will play an integral role in the creation of a culture of financial stewardship with enhanced financial controls and accountability as it relates to the planning, budgeting, forecasting, and reporting processes for TOH as well as partnering with the business on all financial matte rs.

Rotation/Shifts

Days, 8 hour shifts.

What You Will Do

The Manager, Financial Planning, Reporting and Analysis will lead a team of accounting / financial planning and analysis professionals (Finance Business Partners) and will use their strong accounting, operations and planning fundamentals, analytical ability and interpersonal skills to enhance the team’s analytical, financial stewardship, opportunity/risk seeking and value-add outputs.

This position will provide support and education to the business on the main 3 aspects of Finance: Budget (Operating and Capital), Financial monitoring (including supply and services contracts), Financial Sustainability Projects and finally Education (Policies and processes including: Procurement, Payroll & ESS, Financial Budget Management and Internal Controls).

This position leads/oversees:

• The development and implementation of corporate financial management training at all levels across the organization and of continuous improvement & streamlining financial processes;
• The coordination and review of inputs to the multi-year financial plan, annual operating plan & budget;
• The coordination, review, and assessments regarding Ministry & other revenues.
• The coordination and review of monthly and quarterly financial analysis and forecasts at the business portfolio level;
• The budgetary control processes which involve monitoring the hospitals activities and resources utilization against planned / desired levels and recommending actions to deal with variances and performance;
• The efficiency and stewardship of the position management process.
  
  
  

This position is also responsible for:

• Researching and maintaining a comprehensive in-depth knowledge of accounting and MIS standards, funding formula and programs;
• Planning workload and deliverables with the goal of providing financial management support while ensuring Finance deliverables are achieved timely in line with strategic, corporate, Board and Ministry directions and workplans.
• Overseeing the accuracy and comprehensiveness of financial analysis, costing and monitoring of resources as well as leading the ongoing assessment of opportunities and risks;
• Working collaboratively across TOH and establishing relationships with our peers, OH and Ministry;
• Participating in Finance, Corporate, Regional and OH-MOH initiatives, projects and external reviews, always providing the highest level of quality and service.
  
  
  

What You Will Bring

• Four (4) year Undergraduate Degree in Business, Finance or a related field;
• Chartered Professional Accountant (CPA), Chartered Accountant (CA), Certified Management Accountant (CMA), or Certified General Accountant (CGA) designation;
• Five (5) years’ relevant experience in finance related positions with increasing responsibilities;
• Three (3) years of leadership experience;
• Progressive financial planning, budgeting, and forecasting management experience including people management/supervision and application of internal controls, financial practices and procedures;
• Experience preferably in the health care environment or a large complex organization;
• Strong knowledge of financial planning & analysis, accounting and reporting principles, internal control concepts, business case development & monitoring and relevant health care industry legislation, and guidelines;
• Demonstrated experience in collaborating and presenting to Senior Management and influencing outcomes at senior levels within the organization;
• Understanding of management, change management, managing teams and problem resolution techniques;
• Strong working knowledge with automated financial systems, spreadsheet applications and related business software. Experience in MS Office Suite, with expert-level skills in Excel spreadsheets, and Word;
• Strong financial background including the ability to link finance and operations;
• Strong critical thinking and analytical problem-solving skills;
• Advanced strategic, organizational, communication, client relationship, decision-making, influencing and leadership skills;
• Ability to facilitate meetings, conduct effective briefings and presentations, develop consensus, both
• internally and externally, with people who reflect the full range of diversity in objectives;
• Excellent verbal and written communication skills;
• Ability to prepare written policies, processes and procedures, briefing notes, and business cases;
• Demonstrated high level of initiative and self-direction, flexibility, and ability to adapt to change and competing demands/urgencies with a sense of calm and resilience;
• Demonstrated ability to manage multiple and complex initiatives and to implement projects within
• established timeframes and targets. Sound experience in program/project management.
  
  
  

You will stand out with:

• Knowledge of systems analysis/process improvement and project management methodologies;
• Proficiency in English and French oral expression (advanced level) and comprehension (advanced level)
  
  
  

What You Can Expect From Us

The Ottawa Hospital is committed to providing a healthy, safe, and inclusive work environment for everyone. We are driven by our purpose to provide each patient with the world-class care, exceptional service and compassion we would want for our loved ones.

We offer an attractive and equitable compensation package including a comprehensive benefits package, a Defined Benefit Pension (DBP) plan, and insurance protection. We also offer discounts from choice providers on a variety of products and services.

The Ottawa Hospital provides various Health and Wellness resources as well as opportunities for personal and professional development opportunities from our in-house Learning and Leadership Development team to help align your goals with your career objectives.

Interested? Apply today!

If you are passionate about what you do, motivated by improving the health of the community, excited by leading-edge medical technology, and as committed to excellence, quality and patient safety as we are, we would like to hear from you. Please submit an on-line application for the position you are interested in. We thank all those who apply but only those selected for further consideration will be contacted.

The Ottawa Hospital is an equal opportunity employer. Upon request, accommodations due to a disability are available throughout the recruitment process.