Financial Analyst Financial Reporting

6 months ago

Toronto, Canada Unity Health Toronto Full time

Unity Health Toronto, comprised of Providence Healthcare, St. Joseph¿s Health Centre and St. Michael¿s Hospital, works to advance the health of everyone in our urban communities and beyond. Our health network serves patients, residents and clients across the full spectrum of care, spanning primary care, secondary community care, tertiary and quaternary care services to post-acute through rehabilitation, palliative care and long-term care, while investing in world-class research and education. Join our team in our mission to continue to put patients and families at the centre of everything we do, in the role of Financial Analyst, Financial Reporting.

DUTIES & RESPONSIBILITIES:
Financial Accounting
- Supports the month-end and year-end financial close out procedure and assists in maintaining the general ledger through timely preparation of journal entries and ensures sufficient supporting documentation included
- Prepare variance analysis, understanding the nature of the business to provide an in-depth analysis identifying key factors contributing to the variance, ensuring completeness and accuracy of data
- Review and analyze non-complex accounting transactions to ensure proper PSAS treatment which may require research of technical accounting literature and compliance with Ontario Hospital Reporting Standards.
- Provide finance business partners and other departments with appropriate and timely financial data each month-end to allow for evaluation of financial performance
- Prepare balance sheet reconciliation on a timely basis and liaise with cross-functional departments to obtain support for reconciling items

Financial Reporting
- Maintains financial records for UHT, assisting the Manager in the preparation of audit working papers for the year-end audit and addressing audit queries, in a timely manner;
- Prepare financial information to assist in the production of leadership reporting packages for Resource and Executive committees and Board meeting presentations;
- Assist the Senior Financial Reporting Specialist to design, develop and implement reports based on business needs;
- Support the provision of information to senior management by providing appropriate information, on a monthly and timely basis, to facilitate effective/timely response to early indications

Internal Control
- Monitor and map non-complex business processes, with particular attention to internal control and reporting functions; and identify immediate and longer-term solutions to ensure the integrity of data and financial information;
- Exercise due diligence in fiscal management and reporting, independently and when part of a project delivery team to reduce financial, legal, and reputational risks;
- Assist management on projects with Business Informatics to improve efficiency, financial controls and data integrity.

Other Responsibilities
- File HST return monthly with CRA
- Assist in preparation of annual charity return
- Maintenance of chart of accounts
- Assist in preparation of monthly Foundation statements and reporting
- Engage in ad hoc projects for the Manager and for Senior Management.

The Financial analyst will utilize their ability to think critically and challenge existing practices to provide operational leadership that is visionary, creative and collaborative.

This position will be located at the St. Michael's Hospital site. However, Unity Health Toronto has multiple sites and this role may be required to travel between sites and/or assigned to work at an alternate site(s) as required per business need.

QUALIFICATIONS
- A Degree in Accounting, Finance, Commerce or Business Administration
- Working towards Professional Accounting Designation (CPA, CA, CMA, CGA) is considered an asset.
- A minimum of two (2) years of progressive financial reporting/accounting experience.
- Experience within a Big 4 accounting firm and Healthcare is considered an asset.
- You have experience and have been responsible for the quality and content of financial data, reporting and audit coordination/support within a large organization.
- You bring a strong understanding of accounting standards, policies and audit preparation and execution. If you have computer software proficiency in SAP, Meditech, Infor, Excel, Access and Tableau, this is considered an asset.
- You have experience working with a team, and introduce synergies across departments. You are able to inspire a shared vision for the staff, and are able to operationalize your vision, turning ideas and plans into action and results.
- Excellent communication skills
- Priority setter, with keen analytic, organization and problem solving skills which support and enable sound decision making.
- Demonstrated ability of achieve results through collaboration, impact and influence, organizational awareness
- Results and service quality oriented
- Demonstrated ability to be flexible and adaptable to a changing work environment

LI-MR1

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