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Financial Analyst I, Accounts Payable

4 months ago


Toronto, Canada University Health Network Full time

**Financial Analyst I**

**Job Posting #: 923513**

**Site: 700 University Avenue**

**Department: Corporate Services**

**Reports to: Manager, Accounts Payable**

**Hours: 37.5 hours per week**

**Salary: $53,352- $56,687 annually (To commensurate with experience and consistent with UHN compensation policy)**

**Status: Permanent, Full-time (1 position available)**

**Posted Date: August 16, 2023**

**Closing Date: August 30, 2023**

The University Health Network, where “above all else the needs of patients come first”, encompasses Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute and the Michener Institute of Education. The breadth of research, the complexity of the cases treated, and the magnitude of its educational enterprise has made UHN a national and international resource for patient care, research and education. With a long tradition of ground-breaking firsts and a purpose of “Transforming lives and communities through excellence in care, discovery and learning”, the University Health Network (UHN), Canada’s largest research teaching hospital, brings together over 16,000 employees, more than 1,200 physicians, 8,000+ students, and many volunteers. UHN is a caring, creative place where amazing people are amazing the world.

**Position Summary**

As an integral member of Accounts Payable (“**AP**”) department, the Financial Analyst I serves as the first point of contact between AP and various stakeholders internally and externally to UHN. Reporting to the AP Manager and AP Lead, the Financial Analyst I leads a review of various vendor statements, resolves any disputes with vendors on behalf of UHN and the departments, ensuring day-to-day operations are carried out in accordance with established principles, policies, and objectives.

**Duties**:

- Accurately review complex vendor statements, resolve issues on outstanding invoices and follow up with the appropriate stakeholders to communicate results and issues
- Liaise on a regular basis with UHN departments, vendors, and other stakeholders to obtain information, respond to questions and requests
- Understand procedures and policies in AP with regards to vendor management, invoice management, and payments, and able to reinforce it when required
- Lead escalations coming to AP and resolve any issues effectively
- Assist the AP Lead with reporting needs as required from management including AP monthly metrics, to facilitate the decision making and financial reporting process
- Complete monthly accruals for invoices approved but not posted
- Perform cross-functional and other responsibilities, as assigned and/or required
- Provide backup support to the department as needed

**Qualifications**:

- University Degree in Business Administration or equivalent
- Two to Three years (2-3) related experience in an accounting environment with exposure to a range of accounting principles, practices and procedures
- Experience with SAP, preferred (ECC and/or S4 Hana)
- Working towards completion of a professional accounting program, preferred - eg. CPA or relevant combination of education and experience
- Ability to analyze and interpret large quantities of financial and statistical data; systems thinker
- Excellent oral and written communication skills
- Demonstrated commitment to excellent client service and satisfaction
- Demonstrated problem solving skills with strong organization and time management skills
- Skill in accurately performing detailed numerical computations in a timely manner using large amounts of financial and/or statistical data
- Sound professional judgment, initiative, and the ability to multi-task and meet tight deadlines
- Knowledge of Microsoft 365 Power Tools an asset

**Why join UHN?**

In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.
- Competitive offer packages
- Close access to Transit and UHN shuttle service
- A flexible work environment
- Opportunities for development and promotions within a large organization
- Additional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)

Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.

Vaccines (COVID and others) are a requirement of the job unless you have an exemption on a medical ground pursuant to the Ontario Human Rights Code.

UHN is a respectful, caring, and inclusive workplace. We are committed to championing accessibility, diversity and equal o