Financial Analyst
6 months ago
**Company Description**
One of Canada's Best Diversity Employers and Greater Toronto's Top Employers for many consecutive years, William Osler Health System (Osler) provides a safe and supportive health care network to grow your career. Osler is nationally recognized for its commitment to patient safety and is Accredited with Exemplary Standing, the highest rating a Canadian hospital can receive. As a major Ontario hospital system, and home to some of the biggest specialty and emergency departments in the country, Osler serves the 1.3 million residents of Brampton, Etobicoke and surrounding communities. We are proud to offer you incredible exposure to best-in-class health care delivery and challenging hands-on opportunities to stay at the top of your game.
A hospital system built for and by the community, we continue to expand our services to meet the needs of a growing population, creating opportunities for increased hands-on skills development, cross-department training and promotional opportunities. Guided by our accomplished senior leadership team, together we are driving our vision of patient-inspired health care without boundaries.
At Osler, we invest in careers that go beyond where health care professionals like you can achieve their goals and find deep personal and professional fulfillment. Join our team today
Reporting to the Manager, Financial Planning and Analysis, the Financial Analyst is responsible for the accurate and timely recording of financial transactions in the Research program and to provide monthly analysis, reconciliation and reporting of hospital accounts. The role also supports month end close procedures, annual processes of the external audit and the preparation of timely account reconciliations to ensure financial data integrity.
Accountabilities:
- Preparation of account and sub-ledger reconciliations to ensure quality control and accuracy of accounting records
- Support in the coordination of the monthly, quarterly and year-end financial close procedures, including posting of sub-ledgers and journal entry preparation combined with analysis of results
- Preparation of month end reporting information
- Preparation of balance sheet reconciliations ensuring completeness, data integrity and accuracy
- Support the preparation of monthly and ad-hoc financial statements, analysis of results and variances
- Preparation of documentation to invoice Research studies and forward for invoice preparation to the Accounts Receivable team
- Preparation of documentation for payments to Principal Investigators (PI) and other external parties, and forward for payment processing to the Accounts Payable team
- Provide support for research projects by ensuring all expenses are tracked and recorded on a timely basis
- Assist with year-end audit requirements
- Support functional leads and PIs in all research financial review processes
- Provide recommendations on internal control enhancements as related to financial transactions, records preparation and account reconciliations
- Maintain the financial system dictionaries and reports to ensure the integrity of the financial information reported to end users
- General tasks throughout the month including data input, petty cash management, communications, etc.
- Assistance with ad hoc projects related to the Research and Finance programs as required
**Qualifications**
- Minimum of three years experience in accounting
- Undergraduate diploma in finance or a related field
- Enrolment in a professional accounting designation program preferred
- Highly motivated, customer focused team player
- Excellent organizational and problem-solving skills
- Excellent knowledge of full suite of Microsoft office programs (including Excel, Word and Outlook)
- Strong attention to detail and ability to follow through financial transactions
- Strong aptitude for analysis of data with the ability to identify trends and recommend actions to enable decision making
- Must demonstrate Osler's Values of Respect, Excellence, Service, Compassion, Innovation and Collaboration
- Exercise care and due diligence in handling confidential patient information
- Ability to work as a team player within a dynamic environment
- Meditech system experience is an asset
- Required to travel between Osler sites
**Additional Information**
Hybrid role
LI-LM1
While we thank all applicants, only those selected for an interview will be contacted. Any information obtained during the course of recruitment will be used for employment recruitment purposes only, and not for any other purpose.
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