Jr Financial Analyst

6 months ago

Kitchener, Canada Grand River Hospital Full time

At Grand River Hospital we are building a world class health care system supporting healthier lives for the communities we serve. We value people above all else and the experiences of our patients and their families, our team members, and our partners are at the very top of our agenda.

Through our values of CARE; TRUST AND BE TRUSTWORTHY; COURAGE TO START, HEART TO FINISH and WELCOME ONE TO WELCOME ALL we leverage the collective talents and strengths of our GRH team, our community, and our partners to innovate and accelerate the transformation of health care delivery.

**We currently have an opportunity for afull time Junior Financial Analyst.**

**How a Junior Financial Analyst support our teams at Grand River Hospital**:

- 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 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.

**At Grand River Hospital, the Junior Financial Analyst has**:

- 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)
- Healthcare industry experience is preferred
- Must be detail-oriented
- Excellent time management skills
- Good attendance record

**At Grand River Hospital we support our Team Members with**:

- A thorough onboarding and orientation program
- Ongoing training and development opportunities
- Access to our Ongoing Education Fund
- Career mentorship
- Wellness programs**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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