Jr Financial Analyst

5 months ago

Kitchener, Canada Grand River Hospital Full time

**POSITION VACANCY**: Business Development/ Retail Pharmacy Department

**POSITION**: REPORTS TO: Business Development/ Retail Pharmacy - Junior Financial Analyst Director Business Development Dotted line to Manager, Financial Accounting and Reporting

**HOURS OF WORK**:Monday - Friday

**Key Responsibilities**
- Based in the retail pharmacy space
- Data entry for inventory purchases and review of inventory logs regarding accounting cut-off
- Accounts Payable functions such as posting invoices to the “For Approval” folder and then processing these invoices for payment once they have been approved, etc.
- Monitor and review daily, weekly, monthly sales data and cost of goods sold
- Daily sales tracking / cash management reports and the entry of this data into the GRH database to aid in the monitoring of the retail pharmacies’ performance
- Tracking of prompt payment discounts and other forms of ordinary commercial terms available to the Retail pharmacies owned by GRH
- Provide support for the development of financial forecasting models, etc. that may be needed while conducting a feasibility analysis of any projects or other initiatives
- Preparing annual Inventory count analysis comparing store count to accounting systems and providing commentary on variances - Assist with third party reconciliation as part of the month end reporting process
- Compile data, profile comparisons and generate reports related to current expenses to serve as the basis for the budget planning process for the next financial year
- Prepare month end financial and statistical journal entries with appropriate backup & analysis
- Perform reconciliations and resolve data discrepancies - Provide assistance with month-end reporting
- Assist with financial system maintenance including vendor setups
- Preparation and monitoring of retail pharmacy billing
- Assist in preparing audit response documentation
- Participate in process and procedure documentation - Continuously drive improvements in the organization’s financial reporting processes
- Other information:Other duties as required in the Business development unit with creating dashboards and assisting with monthly reporting Contributes to ensuring there is a safe environment for patients, staff and visitors.
-

**QUALIFICATIONS**
- Post secondary degree/diploma in Business or Accounting or intermediate standing in a recognized accounting program
- 1-2 years experience dealing with hospital finances and interacting with all levels of management
- General Accounting experience including account reconciliations
- Strong analytical, inquisitive, organizational and interpersonal skills
- Excellent communications skills (written, verbal and presentation skills)
- ealthcare industry experience is preferred
- Must be detail-oriented Excellent time management skills**APPLICATIONS WILL BE RECEIVED UNTIL THE POSTING IS CLOSED.**

Grand River Hospital is committed to fair and equitable employment and in our recruitment and selection practices. We strongly believe in inclusion and diversity within our organization, and welcome all applicants including, but not limited to: racialized communities, all religions and ethnicities, persons with disabilities, LGBTQ2S+ persons, Indigenous people, and all others who may contribute to the further diversification of our Hospital community. We are committed to providing and fostering a respectful workplace for all employees, free from violence and harassment. Grand River Hospital is a proud member of the Canadian Centre for Diversity and Inclusion (CCDI).

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