Job Description
Job Description
Do you have Budget Analyst experience and/or Financial Analyst experience with a focus on budget activities and enjoy the challenge of developing, managing comprehensive budgets, and conducting detailed financial forecasting to support strategic planning? Do you have advanced Excel skills to create complex financial models and perform data analysis? Are you an effective communicator with strong relationship management skills to present financial insights and forecasts to management to support clinical programs? Are you passionate about exceptional health care and driven by a desire to help others?
If so, take a look at this
rewarding career opportunity working alongside a supportive and collaborative team of over 8,000 regulated health care and other professionals.
We are amid a momentous time for health care in Ontario as we move to a more connected health care system through the Ontario Health Teams model of care.
Home and Community Care Support Services Central
is looking for a permanent full-time
Financial Analyst – with a primary focus related to
budget
activities.
As part of a skilled team, the position is responsible in developing and managing a comprehensive public health budget, ensuring alignment with strategic goals and compliance with regulatory standards. Additionally, the position is responsible for supporting, preparing and analyzing financial, accounting and statistical reports that meet internal and external financial and reporting requirements.
The incumbent will conduct detailed financial forecasting to model different scenarios and support strategic planning and to ensure integrity of the financial accounting, budgeting, and reporting process.
What do we offer?
We know wellness is supported with work-life balance.
In an inclusive culture committed to support your passion for continuous learning, growth and innovation, we offer:
Attractive comprehensive compensation packages and benefits
Valuable development opportunities
Membership in a world class defined benefit pension plan
Hybrid work environment
What will you do?
Develop and manage comprehensive public health budgets, ensuring alignment with strategic goals and compliance with regulatory standards.
Conduct detailed financial forecasting to model different scenarios and support strategic planning.
Utilize advanced Excel skills to create complex financial models, perform data analysis, and present financial insights and forecasts to management.
Working with Directors, Managers and Senior Financial Analysts, prepare and upload financial and statistical data into the financial information system on a monthly basis; assist in the monthly, quarterly and fiscal year end processes as well as compiling quarterly MIS compliant trial balance data and reports for submission to MOHLTC.
Working with Accounts Payable, Billing and Procurement department; maintain and develop statistical and financial information to capture resource utilization and their financial impacts; and journalizing month-end accruals as needed
Reconcile and analyze assigned general ledger accounts monthly
Support the preparation of balance sheet, income statement, related statistical information and other financial reports for monthly, quarterly and annual financial reporting
Responsible for verifying the correctness and reasonableness of statistical and financial data to produce useful reports for management.
Maintain chart of accounts, vendor master list and reporting tools structures to accommodate changes in organizational structure and reporting requirements
Support the bank reconciliation process; the preparation of cash flow forecast; the identification and reporting of any cash flow issues
Prepare and maintain the fixed asset schedule
Prepare, issue and track receivables for recovery of expenses and other revenue from the Ministry, other HCCSS and outside parties; and reconcile HCCSS and MOHLTC funding
Set up, update year-end audit files; and support in the preparation of working papers/supporting schedules for annual financial audit
Document working processes and make recommendations for improvement
Participate in special projects and Adhoc tasks as assigned.
Participates in safety and quality information gathering and analysis
Reviews any information provided to you about the safety and quality of services provided by you and your team
Understands expectations around the quality and safety framework and participates in safety and quality initiatives
Alert the Manager for any discrepancy or inconsistency identified in statistical and financial database and reports
Establish contingency plan to deal with possible data corruption in shared client information system that will paralyze routine job performance
Able to coach and work with new staff
What must you have?
University degree and actively pursuing a recognized professional accounting designation
In-depth knowledge of financial/accounting processes with particular reference to GAAP, PSAB and professional ethics
Solid understanding of MIS compliant reporting standards for MOHLTC
Excellent computer skills especially in Microsoft Excel and Word, with good knowledge in Great Plains, Integration Manager and FRx being an asset
Exceptionally strong analytical skills
Ability to work smoothly with colleagues in the team and other staff in the organization
Effective communication skills, both orally and in writing, in interaction with individuals of different levels of education and social background
Capable of applying accuracy and mental concentration to details in daily tasks
Above-average ability to prioritize for job completion in a demanding deadline-driven working environment
Strong capability in critically thinking and analyzing financial reports and associated supporting documentation
Highly motivated to solve problems proactively and willing to contribute solutions for discussion with the Manager
Ability to gather related data at different levels of complexity and conduct a high-quality analysis for tackling contingent issues
Understand the importance of applying the concept of cost versus benefit
Maintain strict confidentiality and exercise sharp judgment in handling confidential information and responding to inquires
Inaccurate statistical and financial reports impact negatively on management decision-making thus leading to inefficient and ineffective allocation of resources
We have a mandatory COVID-19 vaccination policy. As a condition of employment, all employees are required to submit proof of COVID-19 vaccination status prior to start date.
What would give you the edge?
Proven expertise in financial analysis and budgeting within the public health sector
In-depth knowledge of financial/accounting processes with particular reference to GAAP, PSAB and professional ethics
Solid understanding of MIS compliant reporting standards for MOHLTC
Strong proficiency in Excel, including the ability to use functions, create pivot tables, and develop macros for financial modeling and analysis,
Good knowledge in Great Plains, Integration Manager and FRx is an asset
Excellent analytical skills with a strong focus on accuracy and attention to detail
Ability to speak French or another second language
Who are we?
We are Home and Community Care Support Services, ready to serve every person in Ontario.
We partner with patients and caregivers, primary care providers, hospitals, long-term care and retirement homes, service providers and Ontario Health Teams, to deliver responsive, accessible, integrated, patient-centred care.
If you’re interested
in driving excellence in care and service delivery , and seeking an unparalleled opportunity to lead and learn, partner and connect, care and be cared for, this is your home.
Equity, Inclusion, Diversity and Anti-Racism Commitment
Home and Community Care Support Services is committed to a culture of equity, inclusion, diversity and anti-racism. We are committed to attracting, engaging and developing a workforce that reflects the diverse communities we serve. We welcome and encourage applications from all qualified applicants. Accommodations for persons with disabilities required during the recruitment process are available upon request.
We thank all applicants for their interest; however, only those selected for an interview will be contacted.
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