Senior Financial Analyst

Vaco by Highspring; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A prominent organization in the healthcare sector is seeking a Senior Financial Analyst. This hybrid role will involve intricate financial analysis, reporting, and budget management, along with compliance work in a fast-paced environment. The ideal candidate will possess a CPA designation and have a strong foundation in financial planning and analysis, ideally within a hospital context.

Qualifications

• 3-5 years of financial analysis experience in a hospital setting.
• Minimum of 2 years of auditing experience.
• Strong computer skills in Microsoft applications.

Responsibilities

• Coordinate and prepare monthly financial statements and variance reports.
• Track progress of assigned projects through budget tracking.
• Assist in the preparation of the annual financial statements and audits.

Skills

Financial Analysis

Communication

Analytical Skills

Organizational Skills

Problem Solving

Education

Chartered Professional Accountant (CA, CMA, or CGA)

Degree in Business or Relevant Program

Tools

SAP

Excel

Cognos

Job description

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Vice President, Recruitment Services at Vaco

Our client is looking for an experienced Senior Financial Analyst to join their organization. The role is a hybrid of accounting/reporting and FP&A. Also, the role will require working in office, in East York, 3 days a week. JOB#: 446793

Responsibilities:

• Coordinate and prepare monthly financial statements and variance reports; Monitor assigned program operational performance against plan by providing monthly status and year end forecast reports
• Track progress of assigned projects through budget tracking and variance analysis. Business partnering with various departments within the organization to gain a better understanding of on- going and planned activities
• Prepare and maintain the capital planning records and funding requests made by various departments. Provide support to programs and services by assisting in navigating financial and non-financial data to improve operational efficiency;
• Update and maintain cash flow forecasts and portfolio forecasts. Assist with monthly, quarterly and year-end close processes of funds and accounts;
• Assist in the preparation and review of account reconciliations to ensure quality control and accuracy of accounting records in accordance with ministry Guidelines
• Assist in the preparation of the annual financial statements, including note disclosures and supporting working papers required for the external audit review; Coordinate the external audit review of the organization accounting systems and records; Ensure accounting policies used are in compliance with internal policies and Guidelines
• Support preparation of program budgets, regularly monitor and analyze variances and report on strategies to achieve accountability to the overall Strategic Plan; Perform capital project reconciliations and prepare other required ministry submissions
• Participate in business case preparation and tracking, including providing programs with financial and statistical support and expertise regarding costing of initiatives;
• Provide strategic problem solving and support to assigned program leaders and business units;
• Participate in projects involving internal and external stakeholders including but not limited to the following: budget and business intelligence tools implementations, assistance with analysis of various requests for proposal, costing for specific initiatives, etc.
• Participate in projects involving the hospital and external stakeholders including but not limited to the following: budget and business intelligence tools implementations, assistance with analysis of various requests for proposal, costing for specific initiatives, etc.;
• Ad hoc assignments as required

Requirements:

• Chartered Professional Accountant (CA, CMA, or CGA) designation coupled with a degree in business or relevant program of study.
• Strong computer skills required in all Microsoft applications (i.e. Excel, Word, Outlook) with an aptitude for learning new computer applications quickly.
• Proven working knowledge of SAP is strongly preferred.
• Familiarity with Smart stream and Cognos would be an asset.
• Working knowledge of MIS Standards and health ministry reporting requirements preferred.
• Experience using multiple data sources (financial, statistical, Ministry data, etc.) to develop and prepare complex analysis preferred.
• 3-5 years of financial analysis and interpretation of results including budget variances experience in a hospital setting.
• Minimum of 2 years of auditing experience including evaluating controls.
• Strong analytical and communication skills are required, as well as the ability to work independently.
• Superior communication and interpersonal skills with the ability to work well in a multi-disciplinary team.
• Demonstrated excellence in organizing and prioritizing workflow to meet deadlines in a high- pressure, time-sensitive environment.
• Flexible, self-directed and able to work effectively with minimal supervision.
• Demonstrated effective organizational, leadership, judgment, critical thinking and decision-making skills.
• Possesses a strong ability to interact with various levels of client groups both internally and externally.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Hospitals and Health Care

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