Financial Analyst

2 weeks ago

Toronto, Ontario, Canada Home and Community Care Support Services Full time

Job Description:

Program Financial Analyst

Toronto Central

February 2023:

_ CARE AND BE CARED FOR - THIS IS YOUR HOME_:

Are you an experienced, Financial Analyst, seeking a rewarding career that cares for others, in a professional practice that cares for you? You're looking in the right place.

As a Program Financial Analyst, your primary responsibility will be the Family Managed Home Care Program.

This role performs a number of financial, accounting, and analytical duties in order to ensure that clients using the Self-Directed Care ("SDC") model receive prompt reimbursement for services that are compliant with the SDC Funding Agreement and the relevant policies and directives of Home and Community Care Support Services Toronto Central (HCCSS TC, formerly LHIN).


Whether you work in our office, in the community, or a health care facility - you will play a lead role in providing connected, accessible, patient-centred care - and be supported by our collaborative team that includes over 8,000 regulated health care and other professionals.


As a valued team member, your mission will be to help our patients be healthier at home, while you benefit from our supports for professional growth, personal wellness and work-life balance.

What will you do?

  • Contract and Invoice review:
  • Reviews relevant schedules of the SDC Funding Agreement for each client to ensure understanding of different requirements.
  • Reviews approved SDC budget plan for each client, ensures that the HCCSS TC only provides SDC funding to the Client or Substitute Decision-Maker ("SDM") for eligible expense, based on invoices that are received, reviewed, and approved. Identifies anomalies and other inconsistencies and escalates issues on a proactive basis.
  • Completes the investigation and reconciliation of rejected billings from Service Providers and forwards results of investigations.
  • Executive and Operational Support:
  • Provides corporate financial analysis and monitoring services in support of senior management
  • Interacts directly with client/SDM in order to maintain regular communication to those in receipt of funds. Provides reconciled reports to the SDM each month and prepares a quarterly reconciliation and processes adjustments as needed for under/over spending.
  • Ensures that all payments are tracked and accounted for and proper signature authorization is obtained before release of payment.
  • Reporting and Analysis: Develops and submits required financial and statistical reports to various internal and external stakeholders such as the Ministry of Health ("MOH").
  • Accounting:
  • Reconciles payments to SDC clients based on invoices and receipts received, reviewed and approved by the HCCSS TC.
  • Provides program related accruals for monthend and yearend close.
  • Provides program related information during budgeting and auditing season.
  • System and Data accuracy:
  • Implements and monitors processes in Accounts Payable and Client Health Record Information System ("CHRIS") billing areas related to SDC funding plans.
  • Input/upload financial and statistical information in CHRIS for MOH reporting.
  • Process improvement: Participates in the ongoing development and quality improvement of the Accounts Payable/billing suspension processes.
  • Performs other functions including office administration duties and other duties as assigned.
What must you have?

  • An undergraduate Degree in Accounting, Finance, Commerce, Business or related field.
  • Intermediate level in a recognized accounting professional designation or equivalent working experience.
  • Minimum two years' experience with handson approach in dealing with financial affairs of organization and preparation, review and analysis of financial statements.
  • Strong customer service skills and clientdriven focus.
  • Excellent communication skills, analytical and problemsolving skills. Inquisitive mindset with proven ability to probe for information, ask questions, and escalate issues when needed.
  • Selfstarter with a commitment to learning
  • Ability to work in a fastpaced, deadlinedriven environment with the ability to multitask and manage multiple deliverables.
  • We have a mandatory COVID19 vaccination policy. As a condition of employment, all employees are required to submit proof of COVID19 vaccination status prior to start date
What would give you the edge?

  • Knowledge of medical terminology
  • English/French bilingual
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

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, hospi

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