Manager, Financial Reporting, Risk and Contract

6 months ago

Mississauga, Canada Partners Community Health Full time

Partners Community Health (PCH) is a new not-for-profit organization, focused on bringing healthcare services together around the needs of people living in Mississauga and West Toronto. PCH currently operates two new state-of the-art LTC homes and community hub in West Mississauga. The new homes have a combined 632-beds and be part of PCH’s larger strategy that introduce innovative and inclusive programs and services and new models of care delivery. PCH is committed to building partnerships and connections that put people first, as well as a learning and leading healthcare community that provides best in class service across the aging continuum.

**Position Summary**:
The Manager of Financial Reporting, Risk and Contract management at PCH is responsible for overseeing, developing, and implementing risk management and analysis, and dissemination of financial and operational reports. This role ensures that the PCH complies with regulatory requirements and best practices, safeguarding the organization’s assets, reputation, and the privacy of its residents and staff. The Manager of Financial Reporting and Contract Management works closely with senior management and various departments to align reporting practices with organizational goals.

**Key Responsibilities**:

- Develop the annual budget and long-term financial forecasts
- Prepare and distribute monthly, quarterly, and annual financial statements
- Ensure accuracy and compliance with accounting standards and regulatory requirements
- Develop and maintain operational performance reports, including occupancy rates, resident satisfaction, and care metrics
- Conduct in-depth financial and operational analyses to support strategic planning and decision-making and monitor budget performance and provide variance analysis
- Identify key performance indicators (KPIs) and monitor them to track organizational performance
- Collaborate with senior management to develop business cases and financial models
- Identify opportunities for revenue enhancement and cost optimization
- Prepare documentation and reports for external audits and identify areas for improvement in reporting processes and implement enhancements
- Lead and mentor the reporting and analysis team, providing guidance and professional development opportunities
- Oversee the execution of contracts in collaboration with legal, procurement, and relevant departments
- Prepare presentations and reports for executive meetings and strategy sessions
- Develop and implement comprehensive risk management policies and procedures
- Identify, assess, and mitigate risks related to operations, finance, compliance, and patient care
- Ensure proper documentation and follow-up on incidents and risk mitigation activities
- Develop and enforce policies and procedures to ensure compliance with privacy laws and regulations
- Respond to privacy breaches, ensuring appropriate measures are taken to mitigate impacts and prevent future incidents
- Maintain up-to-date knowledge of privacy laws and ensure the LTCH’s practices are complying

**Qualifications**:

- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (master’s degree or CPA preferred)
- Proven experience in financial reporting, analysis, and management, preferably in a healthcare or long-term care setting
- Strong knowledge of financial principles, accounting standards, and regulatory requirements
- Proficiency in data analysis and reporting tools (e.g., Excel, SQL, BI tools)
- Excellent analytical and problem-solving skills
- Strong leadership and team management abilities
- Effective communication and interpersonal skills
- High level of accuracy and attention to detail
- Ability to handle multiple tasks and meet deadlines
- Experience with financial and operational software systems

Applicants must be eligible to work in Canada. We would like to thank all applicants for their interest in this position, however, only those selected for an interview will be contacted.

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