Senior Financial Analyst

St. Joseph's Healthcare Hamilton; Hamilton; On-site; CAD 70,000 - 90,000; Full time

Job summary

A healthcare organization in Ontario is seeking a Senior Financial Analyst to support financial reporting and controls. The ideal candidate will have a Bachelor's in business, accounting, or finance, along with CPA membership and 7 to 9 years of relevant experience. Key responsibilities include preparing financial statements, conducting analytical reviews, and ensuring compliance with healthcare regulations. This role requires strong analytical and communication skills, along with proficiency in Microsoft Office tools.

Qualifications

• Bachelor’s degree in business, accounting or finance required.
• Professional membership with CPA and/or Advanced Business Degree required.
• 7 to 9 years previous relevant experience.

Responsibilities

• Coordinate and support the monthly financial statement preparation and reporting process.
• Prepare analytical reports and evaluate general ledger activities.
• Responsible for timely reporting to the Ministry of Health and external stakeholders.

Skills

Financial reporting

Analytical skills

Problem-solving

Team collaboration

Communication skills

Education

Bachelor’s degree in business, accounting or finance

Chartered Professional Accountant (CPA)

Tools

Microsoft Excel

Microsoft Word

Microsoft Access

Microsoft PowerPoint

Job description

Overview

Reporting to the Manager, Corporate Finance, the Senior Financial Analyst will be responsible for supporting both internal and external reporting, evaluating financial policies and controls and reconciling balance sheet and intercompany accounts. The role also involves conducting analytical reviews to deliver actionable insights to leadership, preparing accounting journal entries and allocations, contributing to monthly financial reporting and statement preparation and assisting with the year-end audit process.

Responsibilities

• Together with the Finance team, coordinate and support the monthly financial statement preparation and reporting process
• Prepare analytical reports, including evaluating the general ledger activities and balances, and performing specialized analysis of financial data
• Responsible for timely reporting required for the Ministry of Health, Ontario Health, and to other external stakeholders
• Responsible for the reconciliation of various balance sheet and intercompany accounts, and the preparation of related journals
• Participate in the year-end external audit of the Hospital's accounting systems and records, including the preparation of working papers and the processing of year-end journal entries
• Assist in ensuring accounting controls and practices used are in compliance with internal policies, Ontario Healthcare Reporting Standards (OHRS) guidelines, and Public Sector Accounting Standards
• Assist in reviewing and updating financial policies, procedures and controls
• Provide financial accounting knowledge and expertise as needed, including recommending process improvements where necessary
• Provide advice and guidance to departments in support of hospital related accounting policies, processes and practices
• Support Financial Systems projects and help strengthen the effectiveness of the business processes and controls, thereby contributing to the overall success of the initiatives
• Ad hoc assignments as required

Qualifications

• Bachelor’s degree in business, accounting or finance is required
• Professional membership with Chartered Professional Accountant (CPA) and/or Advanced Business Degree is required
• 7 to 9 years previous relevant experience
• Advanced level Microsoft Word, Excel, Access and PowerPoint
• Strong accounting knowledge, finance and analytical skills required
• Experience in analyzing financial and related data to identify trends and relationships
• Proven ability to problem-solve and manage projects, specifically with processes and system integrations is preferred
• Experienced in performing financial statement analysis
• Ability to work within changing and tight timelines
• Excellent communications skills
• Strong interpersonal skills coupled with a desire and ability to be an effective team player
• Experience and understanding of Ministry of Health and/or Ontario Health regulations and reporting requirements (including OHRS guidelines) is preferred

Hours of Work

Monday to Friday, days