Senior Financial Analyst

SHN Scarborough Health Network; Toronto; On-site; CAD 73,000 - 85,000; Full time

Benefits offered by this job

Defined Benefit pension plan

Comprehensive benefits package

Tuition Assistance Program

EFAP and wellness programs

Job summary

Scarborough Health Network is seeking a Senior Financial Analyst to provide expert financial analysis across clinical programs and support annual budgeting and forecasting. You will work with Directors, Managers, and physicians to interpret reports and guide decision-making.

The role emphasizes data-driven insights, KPI tracking, and collaboration with health-system departments to optimize financial performance. Strong Excel/BI skills and healthcare experience are essential.

Qualifications

• Bachelor’s degree in finance, accounting, or economics.
• Health-care background may be considered.
• CPA/CGA/CMA/CA or enrolment is preferred.
• 3–5 years budgeting, forecasting and analysis in a health-care environment.
• Extensive experience with databases (Excel/Access).
• Advanced analytical capability using BI tools and SAP.

Responsibilities

• Meetings with managers and directors to review operations and explain variances.
• Monitor and report on supply chain KPIs and performance.
• Manage data governance requests via ServiceNow.
• Act as Data Steward for data governance issues.
• Prepare data, validate datasets, and support budget/forecast processes.
• Develop reports and presentations for budgets and KPIs.

Skills

Budgeting & Forecasting

Financial analysis

Excel & Access

BI tools

Communication skills

Stakeholder collaboration

Education

Bachelor’s degree in finance/accounting/economics

Professional financial designation (CPA/CGA/CMA/CA) or enrolment

Tools

SAP

Excel

Access

Job description

Job Number: JR107411

Job Title: Senior Financial Analyst

Union: Union:

Job Category: Professional Hospital

Location: Consilium Place

Job Type: Permanent, Full time

Number of Positions: 1

Minimum - Maximum Hourly Rate: $52.97 - $61.407

Hours: Days

Across our three hospitals and eight satellite sites, Scarborough Health Network (SHN) is shaping the future of care. Our many programs and services are designed around the needs of one of Canada’s most vibrant and diverse communities. We are home to North America’s largest nephrology program, as well as the designated cardiac care and spine centre for Scarborough and surrounding communities to the east. We are proud to be a community-affiliated teaching site for the University of Toronto and partner with a number of other universities and colleges, helping to train the next generation of health care professionals. SHN is the recipient of the 2021 Excellence in Diversity and Inclusion Award, from the Canadian College of Health Leaders, for our leading edge work on Communities of Inclusion, Inclusion Calendar, Health Equity Certificate Program and much more. We are also proud to be named Canada’s Most Admired Corporate Cultures for 2023 – 2025 and Greater Toronto’s Top Employers for 2026. Learn more at shn.ca

Position Overview

The Senior Financial Analyst provides expert financial analysis to various clinical programs including facilitating the integration and interpretation of information for effective, efficient program business management. The role involves working collaboratively with Clinical Program Directors, Managers and Physicians and Administrative departments such as Human Resources, Risk Management, IT, Health Records, etc. The Senior Financial Analyst will determine and compile annual budget requirements through the exploration of various scenarios, defined in conjunction with the program teams and based on the forecasted assumptions and benchmarking tools, analyze and report monthly utilization, financial and resource management trends in order to add value to program and corporate strategic planning and decision making. The incumbent will also provide consultation, training, and support to managers, physicians, and staff in the interpretation of financial and performance reports to assist effective operational management decisions.

Responsibilities

• Regular meetings with managers and directors to remain appraised of business operations, provide financial analysis including meaningful explanations for financial variances and performance results
• Monitor and report on supply chain KPIs to track performance and identify areas for enhancement
• ServiceNow Intake & Workflow Management - Manage, review, and triage data governance requests, schema changes, and access modifications submitted via the ServiceNow portal
• Act as the Data Steward between internal stakeholders and the Data Governance Management (DGM) team to elevate complex data issues
• Participate in data preparation, cleansing, and validation activities, including master dataset, spend history, forecast, inventory audit and planning parameters
• Develop customized reports and visually impactful presentations for various end users and stakeholders including annual budget presentations, reports on key performance indicators, benchmarking targets, etc.
• Collaborate with cross-functional teams to ensure alignment of supply chain goals and objectives
• Analyze supply chain data and trends to identify cost reduction and process improvement opportunities
• Actively participate and provide support in financial review discussions and decision-making processes by gathering accurate information in a timely and efficient manner
• Participate in budgeting and forecasting processes including Scarborough Health Network’s annual operating plan, monthly and quarterly forecasting

Requirements

• Minimum of a bachelor’s degree in finance, accounting, or economics.
• A health care background with considerable financial expertise may be considered.
• Professional financial designation or equivalent or enrolment (CPA, CGA, CMA, CA)
• 3-5 years progressive experience in budgeting, forecasting and analysis in a health care environment
• Extensive experience with database management (i.e. MS Excel and Access)
• Advanced analytical capability using Business Intelligence tools, Excel, SAP, to build business cases and influence senior stakeholders
• Excellent analytical and problem‑solving skills with demonstrated logical thought process
• Excellent communication and interpersonal skills to collaborate effectively with internal and external stakeholders.
• Exceptional research and organizational skills
• Ability to work both independently and in a team environment
• Ability to independently interpret report results, identify risks and provide analysis and assessment for redirection
• Demonstrates a commitment to customer service when dealing with patients, colleagues, volunteers and other members of the community and public
• Demonstrates values consistent with SHN’s Code of Conduct and is committed to fostering a healthy and positive work environment in accordance with Health & Safety policy and legislation
• Utilize protective equipment provided and identify and reports hazards
• Engages in ethical conduct and strives to understand and appreciate the diversity of our patient/staff population and community
• Excellent work performance and attendance
• Asset Understanding of MOHLTC Reporting including Ontario Healthcare Reporting Standards (OHRS), MIS TB, Self-Reporting Initiative (SRI)
• Knowledge of Health Based Allocation Model (HBAM), Quality Based Procedures (QBP) and Cancer Care Ontario (CCO) funding models
• Knowledge of statistics utilized in a large community hospital setting
• Ability to speak another language

Accommodation and Diversity Statement

Scarborough Health Network (SHN) embraces and celebrates our community’s unique multicultural heritage and diversity. SHN is an equal opportunity employer, dedicated to a culture of inclusiveness and diversity reflecting our diverse patients, staff and community alike. We are committed to fostering an environment of equity and inclusivity where every person can work and receive care safely, openly and honestly. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, nation of origin, genetics, disability, age, veteran status, marital or family status, belief system, or other factors related to one’s personal identity and/or values. We are committed to providing barrier‑free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.

Benefits

• Defined Benefit pension plan through the Healthcare of Ontario Pension Plan
• Comprehensive insured benefits package including health and dental benefits
• New Graduate Initiative Enroute Program
• Critical Care Sponsorship Program
• Employee Discount and Incentive Programs
• Employee and Family Assistance Program (EFAP), along with other comprehensive wellness offerings, including our Spiritual Care team of registered psychotherapists for spiritual, religious or emotional care; mental health supports; and on-site wellness rounding
• Recognition events
• Leadership Development and Learning Programs
• Tuition Assistance Program