Senior Financial Analyst

Deep River & District Hosptial; Deep River; On-site; CAD 82,000 - 92,000; Full time

Job summary

A healthcare facility in Ontario is seeking a Senior Financial Analyst to join their finance team. The role involves preparing financial statements, conducting financial analysis, and advocating for process improvements in financial operations. Ideal candidates will possess a CPA qualification with 3-4 years of experience and strong analytical skills in financial reporting and budgeting. This full-time role may include variable hours and the necessity to adapt to fluctuating workloads.

Qualifications

• 3-4 years post-qualification experience in financial analysis and reporting.
• Demonstrated in-depth knowledge of Public Sector Accounting Standards for Not-for-profits.
• In-depth understanding of the current healthcare funding models is desirable.

Responsibilities

• Prepare monthly journal entries and balance sheet reconciliations.
• Review and analyze monthly financial results for accuracy.
• Prepare and analyze monthly financial summaries for senior leadership.

Skills

Financial analysis

Budgeting

Financial reporting

MS Office skills (Excel, Word, PowerPoint)

Education

Qualified Accountant (CPA, CA, CMA, CGA)

Job description

Competition : NU08-2025-07-24

Department : Finance

Status : Full Time

Within : Non-Union

Hours : Variable

Salary : 82,186-$91,318

Posting Date : 2025-07-24 15 : 00

Closing Date : 2025-08-08 23 : 59

Position Summary

The Senior Financial Analyst will be an integral member of the financial reporting team performing a range of professional accounting activities including analysis and reporting of organizational financial results, including assistance in the preparation of financial statements for the year-end audit. The Senior Financial Analyst will work autonomously to analyze financial results and work with Managers to interpret and present the financial impact of operational decisions as well as identify areas of process improvement by providing evidence-based information to execute decisions and monitor results. The Senior Financial Analyst will review processes and identify / implement changes as required to ensure efficient, timely and quality information reporting as well as a wide range of professional accounting activities.

Position Relationships

Reports to the Executive-Vice President and Chief Financial Officer. Works closely with executive leadership team and management.

Position Responsibilities :

Month End and Financial Reporting

• Prepare monthly journal entries and balance sheet reconciliations and ensure that adjustments / corrections are made as necessary
• Review and analyze monthly financial and ensure its accuracy and compliance with Public Sector Accounting Standards (PSAS)
• Prepare monthly and quarterly financial summaries for distribution to Senior Leadership explaining and analyzing material variances

Review, Analyze and Present Program and Business Unit Results

Prepare comparative analysis against budget and historical results

Identify key operating drivers and perform benchmarking analysis

Present findings at monthly / quarterly reviews with leaders

Work integrally with managers to achieve higher levels of performance and improved patient care through focused use of strategic information, resource measurement and evidence-based decision-making

Champion action plans for meeting budget targets and developing forecasts

External Reporting

Prepare monthly, quarterly, and annual Ministry reporting submissions for Hospital, Long-term Care and Primary Care

On an annual basis, prepare organizational external financial statements, and coordinate with departments to prepare the notes to the financial statements and supporting schedules

Assist in the preparation and filing of various returns to statutory agencies

Budget Development

Work with Vice-Presidents and managers to lead development of the annual capital and operating budget

Advise, train and educate organizational staff at all levels regarding budgetary planning, information systems, Management Information Systems (MIS) standards and data quality

Treasury

Prepare and analyze monthly cash forecasting and provide recommendations to ensure the organization meets its key liquidity ratios

Prepare bank reconciliations and implement process improvements as necessary

Investigate, analyze and resolve bank discrepancies

Record weekly and daily bank activity in the general ledger

Other Duties

Research and prepare accounting briefing notes for complex accounting issues

Innovate new ways for data collection and analysis

Learn and master Management Information Standards (MIS)

Participating in special projects or committees as required

Identify opportunities for process improvement to help streamline current processes

Qualifications

Qualified Accountant (CPA, CA, CMA, CGA) with 3-4 years post-qualification experience in financial analysis, reporting, month end close, process improvement and treasury related work

Expertise in financial planning, budgeting and analysis

Expertise in financial reporting and control management

Demonstrated in depth knowledge of Public Sector Accounting Standards for Not-for-profits

In-depth understanding of the current healthcare funding models is desirable.

Knowledge of MIS standards is desirable

Advanced MS Office skills– Word, Excel, PowerPoint, Access, Outlook

Abilities

Excellent organizational and time management skills, ability to prioritize and delegate

Strong organizational and communication skills, effectively prioritizing tasks to produce high-quality work within deadlines while remaining adaptable and flexible

Initiative, sound judgment and attention to detail

Exceptional interpersonal, communication, and collaborative skills with demonstrated ability to manage conflicting views from cross functional groups

Exceptional problem-solving skills, negotiation and conflict resolution skills

Evidence of strong customer service focus and ongoing professional development

Demonstrated good attendance and performance records with the ability to maintain these same standards

Work independently and be self-directed in a fast paced and dynamic environment

Maintain staff & patient / resident confidentiality

Exceptional written and verbal communication skills

Excellent attendance record

Physical Demands

Perform well in moderate to high stress situations

Bending, and lifting of objects

Requires intense visual, listening and mental concentration for moderately long periods of time

Varying periods of sitting, standing, and walking

Working Conditions

Frequent interruptions with changing priorities

Minimal exposure to injury

Risk of exposure to infection

Some lifting may be required

Accountabilities

Adhere to DRDH standards of behavior.

Attend and participate in identified training and / or education updates as deemed necessary to maintain competence with DRDH privacy, safety, and operational practices,

Demonstrate knowledge and follows all organizational policies, procedures and instructions. Not to interfere with, alter, misuse or remove anything provided for safety

Report all accidents, injuries, good catches / near misses / adverse events and dangerous events

Work in compliance with the provisions of the Occupational Health and Safety Act and the regulation by ensuring to :

oUse or wear the equipment, protective devices or clothing that the worker’s employer requires to be used or worn;

oReport to their employer or supervisor the absence of or defect in any equipment or protective device of which the worker is aware and which may endanger themselves or another worker; and

oReport to their employer or supervisor any contravention of the Act or the regulations or the existence of any hazard of which they know.

Hours of Work

As required to fulfill duties and obligations

Full time 37.5 hours / week

Part time as assigned

Ability to work rotating shifts, weekends, and holidays

Ability to take calls-ins and on-call

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements. Other duties may be assigned and may not be limited to the scope of an individual department.

Resumes must be submitted through the Career Section of the DRDH Website :

http : / / www.drdh.org / hr

Deep River and District Health supports the principles of employment equity, employee health, wellness and individual safety and the compliance of the Accessibility for Ontarians with Disabilities Act (AODA).We ask that job applicants requiring accommodation inform Deep River and District Health so that suitable arrangements can be prepared that take into account the applicant’s accessibility needs.