Full Time Financial Specialist

2 weeks ago

Hamilton, Ontario, Canada Local Health Integration Network Full time

Position Summary:


The Financial Specialist's primary focus will be assisting with the timely and accurate processing of financial and statistical reporting as well as maintaining and updating the financial systems consistent with general accepted accounting principles and MIS guidelines.

In addition, the Financial Specialist is key to assisting with the annual budget and monthly forecasting plus Family Managed Home Care reporting as required.

The incumbent is expected to maintain confidentiality in accordance with privacy legislation, and organizational policies and procedures.

Core Duties - Responsibilities:

  • Prepares and analysis financial reports that are required by management
  • Assists with the annual budget and monthly forecasting
  • Assists with the analysis of benefits and compensation plans for budget purposes and negotiation of labour relations contracts
  • Analysis and prepares monthly journal entries for prepaid accounts
  • Prepares bank reconciliations, ensuring all entries are recorded and entered into the general ledger
  • Compiles and distributes quarterly market share/volume reports
  • Prepares monthly accruals and analysis related to contracted out services
  • Prepares Hips & Knees quarterly billing for the A/R team and prepares monthly accruals
  • Prepares and analysis monthly Hospice reports and issues journal entries
  • Assists with Family Managed Home Care analysis and reporting
  • Assists with monthend and yearend reporting and variance analysis
  • Assists with yearend audit activities and working papers
  • Assists with projects and implementations
  • Develops and maintains relevant procedure manuals
  • Leads and/or participates in and demonstrates an understanding of quality, risk and patient safety principles and practices
  • Follows all safe work practices and procedures and immediately communicates any activity or action which may constitute a risk to quality, and patient safety

Patient Safety

  • Promotes patient safety in alignment with the Vision, Mission, Values and Strategic Directions of HCCSS
  • Works within the basic principles of patient safety by doing the right thing for the right patient, using the right method at the right time
  • Adheres to HCCSS's patient safety policies and procedures

Qualifications:

Educational Qualifications

  • Minimum two year Community College Diploma in Accounting or equivalent
  • Current designation or enrolled in a certified accounting program preferred but not required i.e. CPA, CGA, CMA or equivalent

Experience
years' experience in an accounting environment. Experience in health care sector would be an asset

Skills & Abilities:

  • Advanced level of Microsoft Excel spreadsheets, Microsoft Word, Internet and/or other computer software (or equivalent).
  • Knowledge and experience in MIS guidelines & reporting requirements
  • Experience in using Management Reporter and Great Plains general ledger an asset
  • Experience with CHRIS
  • Ability to meet tight deadlines
  • Attention to detail
  • Analytical, problem solving, decision making abilities
  • Excellent written and oral communication and interpersonal skills
  • Selfdirected and the ability to work independently and in a team setting
  • Willingness to upgrade training and education
  • Customer service focus

Other:

Physical and Sensory Demands

  • Minimal demands typical of a support position operating within an office environment.

Working Environment

  • Minimal exposure to disagreeable conditions typical of an office position exposed to stress and pressure associated with multiple priorities and deadlines
  • 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.

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