Research Financial Analyst

St. Michael's Hospital; Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

St. Michael's Hospital is looking for a Research Financial Analyst to support the management of research activities while ensuring compliance and financial reporting. This entry-level role demands strong organizational and analytical skills, with opportunities for growth in a collaborative healthcare setting. The successful candidate will oversee research accounts, prepare reconciliations, and provide customer service to researchers while adhering to policies.

Qualifications

• 1-3 years of experience in an office environment.
• Self-starter with ability to manage multiple projects.
• Enjoys working as a team player in a dynamic environment.

Responsibilities

• Manage and oversee over 30 research administration accounts.
• Prepare reconciliations and monthly financial reports.
• Communicate financial results to Principal Investigators.

Skills

Organizational skills

Analytical skills

Customer service skills

Interpersonal skills

Problem-solving skills

Education

University Bachelor's Degree

Accounting designation (CGA, CMA, or equivalent)

Tools

MS Excel

MS Word

MS Outlook

Adobe Acrobat

MS Access

Infor CloudSuite

Job description

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The Office of Research Administration (ORA) at Unity Health Toronto strives to communicate value-added information so well-informed decisions can be made while adhering to internal and external controls, policies and procedures, to ensure governance, accountability and transparency. The ORA's Finance team continues to build an environment where each person is valued, respected and has opportunities for personal and professional growth.

The ORA is currently seeking a Research Financial Analyst with strong organizational and analytical skills to provide administrative, financial and customer service oriented support in a demanding and complex environment. This challenging role will support the management and administration of 50+ Activities, be a key role in the month end process and provide support to the Researchers, the Senior Director of Operations, the Manager Research and Trust Finance, University of Toronto administration, and the Research Community (external sponsors (provincial, federal, non-governmental not-for-profit agencies). This role provides an opportunity to learn and develop skills for future advancement in an academic healthcare setting.

Duties & Responsibilities

Accounting Operations

• Management and oversight of over 30 research administration accounts.
• Management and oversight of over 20 ORA infrastructure accounts.
• Be the main point of contact for the ORA with the St. Michaels Foundation and process transfers.
• Ensure compliance for transactions related to research expenses purchased with Procurement Card.
• Manage research accounts related to direct costs.
• Perform month end journal entries related research operations (ie. Vivarium, REB, etc)
• Perform month end journal entries related to cheques and wires.
• Develop and refine financial operational training manuals for the research community.
• Deliver training to new Principal Investigators joining Unity Health Toronto.
  
  

Financial Reporting & Analysis

• Prepare reconciliations related to CIHR Salary and Operating payments on a monthly basis
• Prepare Balance Sheet reconciliations related to various research accounts on a monthly basis.
• Prepare monthly reports and narratives related to research administration account.
• Identify outstanding and issues related to department Accounts Receivables.
• Prepare monthly financial reports related to internal and external funding.
• Develop operational solutions to streamline processes and improve timeliness and accuracy of reports
  
  

Client Service

• Communicating to Principal Investigators and Capital Account holders about financial results and policies and procedures
• Cultivates effective working relations, represents the ORA and consults with internal and external stakeholders, other divisions and members of the research community.
  
  

Qualifications

• University Bachelor's Degree or equivalent professional experience in a finance environment is required.
• Complete or working towards a recognized accounting designation (CGA,CMA, or equivalent) is required
• Must have 1-3 years' experience working in an office environment.
• Must have strong computer skills, with an advanced understanding of MS Excel, MS Word, MS Outlook and Adobe Acrobat
• Working knowledge of MS Access preferred
• Experience with Infor CloudSuite preferred
• Self-starter with the ability to manage multiple projects and meet deadlines
• Excellent analytical, organizational, and multi-tasking skills
• Enjoys working as a team player within a dynamic environment
• Demonstrated initiative and willingness to learn
• Strong interpersonal and communication skills
• Ability to work independently and under pressure with tight deadlines
• Ability to analyze and interpret financial information and solve complex problems
• Must have strong customer service skills
• Must be comfortable in having challenging conversations with researchers (e.g., adhere to policies)
• Preferred experience working in an office environment
• High level of problem solving skills - dealing with complex and unique situations
  
  

Unity Health Toronto is committed to creating an accessible and inclusive organization. We strive to provide a recruitment process that is barrier-free and in compliance with the Accessibility for Ontarians with Disabilities Act (AODA) and the Ontario Human Rights Code. We understand that you may require an accommodation at any stage of the recruitment process. When you are contacted, please inform the Talent Acquisition Specialist and we will work with you to meet your accommodation needs. We want to emphasize that all accommodation requests are handled with the utmost confidentiality, respecting your privacy and dignity.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Hospitals and Health Care

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