Manager Corporate Accounting

2 days ago

Ottawa, Canada The Royal Full time
p>Position Information
Posting Number: ROM24-412E Title: Manager Corporate Accounting (RFT 1.0 FTE) Position Status: Regular Full-time FTE: 1.0 Job Schedule: Days Department: Finance Union: Non-union Site: Royal Ottawa Mental Health Centre Number of Vacancies: 1

About The Royal
As one of Canada's foremost mental health care and academic health science centres, The Royal has a clear purpose: to get more people living with mental illness into recovery faster. Every day, the work that we do transforms the lives of people with mental illness through specialized mental healthcare, advocacy, research and education.

Reporting to the Director Finance and Supply Chain, the Manager, Corporate Accounting ensures the accurate and timely financial reporting for the Royal Ottawa Health Care Group, University of Ottawa Institute of Mental Health Research, Royal Ottawa Foundation for Mental Health, FRAYME, Atlas and Royal Ottawa Volunteer Association.

They plan, organize and supervise corporate accounting and reporting functions including supervision of financial specialists, junior financial analysts, and financial analysts. Lead the accounting activities, including timely reporting and analysis, audits, cash management, treasury and tax handling functions, in accordance with professional and industry standards.

Duties:

Management:

  • Supervision of 6.0 FTE Junior Financial Analyst.
  • Meets with employees for performance reviews to collaboratively set future goals, develop plans for achieving goals, monitoring progress and provides ongoing feedback.
  • Monitors employee sick and vacation leave and provides support for preventing and managing lost time.
  • Oversees the work of others in compliance with the Occupational Health and Safety Act (OHSA), its regulations, and ROHCG policies.

Reporting Internal & External:

  • Completes, analyzes and ensures the accuracy of various key corporate financial reports within prescribed timelines and according to the specific needs of various stakeholders and various other funding or governing agencies.
  • Performs detailed analysis of monthly financial results, documents the outcome and investigates areas of concern in collaboration with the Manager Budgeting and Program Support to explain or ensure corrective action for all material variances.
  • Completion of associated quarterly reports for the hospital, annual audited financial statements and statistical reports, provincial consolidation statements, and the annual charitable return for the Royal Ottawa Health Care Group.
  • Preparation and posting of General Journal entries monthly
  • Performs and reviews reconciliations and analysis of all balance sheet accounts and adjustments
  • Completes and reviews year-end reconciliations and compiles professional-level working papers to provide and/or discuss variance explanations and rationale for discretionary accruals with the auditors.
  • Maintains the financial system including review, modification and applying the concepts of information technology, accounting and financial management.
  • Oversees the process of data flow between accounting systems and subsystems and consults on the efficiency and effectiveness of accounting process flow.
  • Presents financial information as required and advises on financial policies and procedures.
  • Plans and implements special and complex projects as required

Treasury:

  • Monitors, projects and reports on cash flow
  • Oversees daily banking activities
  • Responsible for maintaining the hospital's chart of accounts and general ledger reports.
  • Prepares the annual audit file and related working papers

Other:

  • Works in a manner that complies with staff and patient/client safety practices, policies and procedures of The Royal.
  • Ensures a work environment that is conducive to the Royal's Anti-Racism, Harassment, Discrimination-Free Workplace and work safety policies and practices.
  • Demonstrates commitment to health equity, values diversity and contributes to an inclusive working environment.

Qualifications:

  • Undergraduate degree in Accounting.
  • Minimum of 5 years of Management experience required.
  • Minimum of five (5) years' experience working in an Accounting department, preferably in a health care environment.
  • Training or recent experience in project management and process improvement is preferred.
  • Knowledge of relevant legislation and principles of management, hospital committee structure, conflict management and resolution, system needs analysis and organizational assessment.
  • Demonstrated knowledge of hospital reporting, statistical data, workload measurement systems and key performance indicators.
  • Demonstrated excellent financial analysis, problem solving, and forecasting skills and the ability to formulate recommendations.
  • Demonstrated excellent computer skills with proficiency in Microsoft Office software, e.g. Word, Excel, Power Point and Outlook.
  • Demonstrated ability to manage routine correspondence, multiple tasks/projects, diversified workload and rapidly changing priorities and challenging deadlines.
  • Bilingual (French/English) is mandatory. English level A- is mandatory in oral expression/comprehension, reading comprehension and written expression. French level A- is mandatory in oral expression and oral comprehension.

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