Job Description
Analyst, Financial Planning & Analysis (12-month Contract) page is loaded Analyst, Financial Planning & Analysis (12-month Contract) Apply locations Toronto, Ontario, Canada time type Full time posted on Posted 5 Days Ago job requisition id JR101644 Why you’ll love working here:high-performance, people-focused cultureour commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selveslearning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growthmembership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement securitycompetitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our teams diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, and newly extended maternity/parental leave top of 26 weeks)optional post-retirement health and dental benefits subsidized at 50%yoga classes, meditation workshops, nutritional consultations, and wellness seminarsaccess to an annual wellness reimbursement program for health and wellness-related expenses for permanent and temporary employeesthe opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workersJob SummaryReporting to the Manager, Budgeting and Reporting, the Budgeting and Reporting Analyst provides dedicated financial analytics to support HOOPP internally through, budgeting and forecasting reporting, and analysis of key data-points, including spend variances. As a single point of contact for all financial matters relating to the divisions/projects under their responsibility, the Budgeting and Reporting Analyst is responsible for providing divisional managers with clear, concise, customized and meaningful financial data and analysis, to support effective business decision-making. This positions focus is on providing accurate reliable data in the most efficient way possible. This position will be responsible for balancing the necessities of financial governance and controls while meeting the needs of the business stakeholders they support. They will be required to provide financial oversight into expenditure reporting as well as highlight underlying key financial messages to their clients and finance management. What you will do: Facilitate the budgeting and forecasting process with HOOPPs divisions/projects by performing duties such as:Meeting and communicating with key contacts to understand their critical business needs and ensuring that the operating plan includes the appropriate costsProviding accurate information to stakeholders to support spending projections, including identification of changes from the original budget and prior forecastsUnderstanding the business need for each item included in budgets/forecastsDeveloping and effectively leveraging subject matter expertise to scrutinize budget assumptions submitted by cost centre managers.Data cleansing and reconciling before integrating into the Financial Reporting system prior to Forecasting and Budget cycles.Ensuring that all budget/forecast data is accurate and that all costs are included.Working with other Analysts to ensure there is no duplication of costs and that gaps do not existDocument budget/forecast details and provide the results to the divisional SVP for approval.Act as the subject matter expert for the areas of the organization they support. Involves understanding cost drivers and translating the impact of business activities on financial performance to management, for the purpose of reporting to senior management and the Board of Trustees.Ability to think "out of the box" to present management reporting in creative ways, using graphs and other visual aids, dashboards, business intelligence software, etc., always keeping the audience and key financial messages in mind.Perform month-end activities such as ensuring costs are captured in the appropriate cost centre or project, preparing monthly variance explanations on behalf of divisions and reviewing explanations with management as required.Work with business stakeholders to determine financial reporting needs. Collaborate with the Manager of Budgeting & Reporting and the Business Solutions Manager to leverage technology to meet these needs.Prepare & present ad-hoc analyses to management (including SVPs) as requested related to actuals, budgets and forecasts weighing the benefits of ad-hoc requests against the work effort required. Where necessary, provide alternate approaches to analysis without compromising quality.Generate operational expense reports and provide stakeholders (both to management and divisional managers) with financial reporting according to their needs. Cost descriptions, level of detail and presentation are adjusted according to the end users unique needs with a strong focus on visual aesthetics and presentation.Continually review processes and recommend improvements. What you bring: University degree in a discipline such as Business, Accounting or related disciplineProfessional accounting designation or MBA is an assetAt least 2 years of accounting experience. Planning experience (budgeting/forecasting) is an assetHigh level of proficiency using Microsoft Excel, to analyze and present complex data in easily understandable and actionable formatsExperience with business intelligence software (Microsoft Power BI) is considered a strong asset.An analytical and methodical mind-set with strong attention to detail is required.Prior experience with reporting data and data management, and exposure to budgeting systems such as Oracle Hyperion Essbase is a strong assetStrong mathematical skills and problem solving ability & a high degree of comfort with navigating and resolving ambiguous issuesStrong interpersonal and communication skills, combined with a passion for delivering exceptional customer service experience to both internal team members and business clientsProven ability to multi-task in a fast paced environmentProven ability to perform effectively in a team-oriented environment, under pressure and with time sensitive deadlines.Ability (and desire) to work in a high-performance culture, with an openness to constantly evolving and changing priorities, and new challenges.About UsAbout HOOPPEstablished in 1960, the Healthcare of Ontario Pension Plan (HOOPP) is a multi-employer defined benefit pension plan for Ontarios hospital and community-based healthcare sector. We serve more than 460,000 members who provide valued healthcare services at more than 670 employers across the province. At HOOPP, we exist to provide a stable and reliable pension for our members that starts in retirement and is paid for life. As one of Canadas largest and most respected pension plans, HOOPPs net assets reached $112.6 billion at the end of 2023 and our funded status remained strong and stable at 115%.HOOPPs core values - professional, accountable, collaborative, compassionate and trustworthy - guide our every interaction with our members, employers and employees. Weve become one of Canadas leading pension plans by consistently challenging ourselves and embracing innovation. From our unique investment management approach to our innovative technology and thought-provoking research, we constantly seek to push the boundaries, and we do this by hiring passionate, forward-thinking people.Our high-performance culture is founded on collaboration, respect and belonging. HOOPP is an equal opportunity employer and were proud of our diversity. We select applicants for employment solely on the basis of their qualifications. Should you require accommodation because of a disability during the recruitment and selection process, please contact our Human Resources team. We will be happy to consult with you so that arrangements can be made for reasonable accommodation.