Senior Director, Finance and Business Innovation

University Health Network; Toronto; On-site; CAD 100,000 - 160,000; Full time

Job summary

An established industry player is seeking a visionary Senior Director of Finance and Business Innovation to lead transformative initiatives across its finance department. This pivotal role involves collaborating with senior leadership to drive strategic financial transformation, implement innovative technologies, and optimize financial processes. The ideal candidate will possess a robust background in healthcare finance, exceptional leadership skills, and a passion for innovation. Join a team dedicated to advancing healthcare excellence and making a meaningful impact in the community. This is a unique opportunity to shape the future of finance in a leading research hospital while fostering a culture of innovation and customer service.

Benefits

Competitive Offer Packages

Healthcare of Ontario Pension Plan (HOOPP)

Close access to Transit and UHN shuttle service

Flexible work environment

Opportunities for development and promotions

Corporate discounts (travel, restaurants, parking)

On-site gyms

Qualifications

• 10+ years of senior management experience in finance and business.
• Proven track record in driving innovation and digital transformation.

Responsibilities

• Lead strategic financial transformation and business innovation initiatives.
• Collaborate with leadership to align financial innovation with organizational goals.

Skills

Healthcare Finance

Digital Transformation

Data Analytics

Project Management

Communication Skills

Problem-Solving

Team Leadership

Education

Undergraduate Degree

Masters Degree in Business or IT

Certifications in Project Management, FinTech, or Data Science/AI

Tools

RPA

Artificial Intelligence

Machine Learning

Job description

Senior Director, Finance and Business Innovation

• Full-time
• Department: Finance

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: 700 University Avenue- Hydro Building
Reports to: Deputy Chief Financial Officer
Grade: M0:10
Hours: 37.5 hours per week
Salary: To commensurate with experience and consistent with UHN compensation policy
Status: Permanent, Full-time
Closing Date: February 17, 2025

Position Summary

Reporting to the Deputy Chief Financial Officer, the Senior Director, Finance and Business Innovation is a key leadership role responsible for driving strategic financial transformation and business innovation initiatives across the hospital’s finance department, in close collaboration with key Finance and non-Finance leaders and stakeholders. This position is ideal for a visionary leader who combines expertise in healthcare finance with a deep understanding of innovative technologies, financial performance data analytics, and strategic initiatives. The Senior Director will lead cross-functional teams to implement new technologies and tools, optimize financial processes, drive performance improvement, and identify new opportunities to foster a culture of innovation and customer service that is essential to advancing Finance’s goals in alignment with the strategic priorities at Canada’s number one hospital.

Duties

• Develop and lead a Finance Business Innovation team to shape and execute a world class innovation, customer service and technology strategy for Finance
• Collaborate with senior leadership to ensure alignment between financial innovation efforts and broader organizational goals
• Identify, evaluate, and implement innovative technologies, process changes and business models that enhance operational efficiencies, simplify complex processes and transform customer service
• Lead the adoption of intuitive digital solutions for Finance such as RPA, artificial intelligence, and machine learning to optimize financial and operational decision-making, in real time
• Utilize advanced financial modeling, data analytics and data science principles that support financial and business decision making.
• Identify new opportunities to foster a culture of innovation and customer service that is essential to advancing Finance’s goals, and provide insights and recommendations to senior leadership
• Oversee the integration of new finance technologies and systems across all lines of business at UHN, in close collaboration with key stakeholders
• Establish data stewardship committees and governance models to ensure appropriate oversight, risk management, and strategic organizational alignment of Finance Business Innovation
• Serve as a key advisor to Finance executive, CFO and other senior leadership on emerging trends in healthcare finance and innovation.
• Engage with internal and external stakeholders, including technology vendors, industry partners, healthcare and industry experts, to stay abreast of market trends and best practices.
• Develop actionable communication, education and change management strategies for new initiatives with metrics to track and report on progress
• Prepare and deliver presentations to the Board committees and executive teams on innovation progress, challenges, and financial impacts.
• Ensure all innovation projects comply with healthcare regulations, financial reporting standards, internal control requirements and internal policies.
• Manage the identification, assessment, and mitigation of risks associated with Finance and Business innovation efforts
• Contributes to the broader Hospital mandate through participation in enterprise wide projects and committees

Minimum Requirements

• Demonstrated experience leading high profile, complex strategic projects and teams, in a Finance and Business environment
• Successful track record in driving innovation, digital transformation, and business model development, with the ability to execute key initiatives and achieve desired outcomes with a high degree of accuracy and defined timelines
• A strong customer service orientation with a passion to advance the mission of the University health Network
• A minimum of ten years of progressively senior management experience in a complex organization
• Undergraduate degree with professional designation, Masters degree in Business, Information Technology or related field
• Certifications in Project Management, FinTech or Data Science/AI would be an asset
• Exceptional communication skills with the ability to articulate complex issues to a broad and diverse audience
• Demonstrated ability to influence business key stakeholders
• Strong planning and organizational skills with the ability to create integrated plans and engage multiple stakeholders
• Proven experience establishing strong, cooperative working relationships in a complex, multi-tiered organization
• Ability to work and thrive in a changing environment while experiencing financial constraints
• Experience interacting with and presenting to senior management and Board Committees
• Demonstrated experience creating and leading a dynamic and high-performing team with a focus on coaching for influence
• Experienced learner with sound problem-solving, critical thinking, analytical, and technical skills; must have the ability to achieve operational excellence through others
• Ability to perform multiple tasks in a fast-paced environment, consistently meeting deadlines with accurate and detailed results
• Driven, self-starter, enthusiastic learner
• Well organized, detail oriented, good motivator and strong project manager
• Excellent interpersonal and communication skills (written and oral) for effective interaction with all levels of company management and personnel and works well cross-functionally in a team environment
• High level of integrity and strong sense of personal ownership and accountability
• Ability to thrive in a high pressure, real-time culture
• Politically savvy, exercises discretion and diplomacy
• Great collaborator and team player engaging others
• Trustworthy and displays confidence
• Recognized as ethical and independent, demonstrating high standards of professionalism and respect for confidentiality

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)
• 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.