Accounting Specialist

3 months ago

Toronto, Canada Michael Garron Hospital Full time

Position Overview

The Accounting Specialist will work closely with the Finance Team, and provide accounting expertise and financial support to the organization and its decision-making processes. Assumes key responsibilities for the analysis of financial issues and supports the month-end, quarterly and yearly close process. The Accounting Specialist will work with Finance Business Partners, HR, Business Office, Decision Support, Clinical and Non-Clinical programs and ensure the accuracy and integrity of the financial data reported is reflective of the hospital’s current state of operations.

Primary Responsibilities

Accounting

Participate in monthly, quarterly and annual close processes

Perform account analysis and reconciliations and posts adjustments / reclassifications as needed

Maintain and reconcile schedules for a variety of accounts and reconcile sub-ledger to general leger account balances

Perform bank reconciliations and update daily bank balances

Post monthly, quarterly and year-end entries and accruals, prepayments

Verify cost allocations according to organizations procedures

Updating of financial reports critical to month-end close; Income Statement, Balance Sheet, Cashflow, Variance by portfolio

Assist with research and capital (NPCC, PCOP and other) requests

Assist with the annual external audit

Financial Planning and Analysis

Participate in preparation of annual forecasts, budgets and multi-year plans

Assist in analyzing and interpreting monthly budget variances with actual results

Provide ongoing support to Directors/Managers of administrative support departments; including the preparation of operating budgets

Provide information to internal clients relating to statistics, both regular and ad-hoc basis

Contribute to process improvement by enhancing and developing analysis, models, reports and dashboards by leveraging reporting tools

Other

Administrator for all SRM requests and Cost Centre hierarchy updates

Other ad-hoc duties as assigned by management

Experience

Minimum five (3-5) years’ progressive experience preferably with hospital healthcare experience

University degree in Accounting, Finance or Business

Working towards CPA designation

Experience analyzing financial data and preparing financial reports, statements and projections

Experience with SAP, SRM, Cognos reporting tools is considered an asset

Intermediate to advance excel skills, pivot tables, lookups, SUMIFs

Ability to prioritize tasks and responsibilities

Excellent analytical, problem solving abilities

Strong interpersonal and communication skills (both written and verbal)

Strong work ethic with a positive, can-do attitude and takes initiative

All employees of Michael Garron Hospital (MGH), a division of Toronto East Health Network (TEHN) [formerly Toronto East General Hospital (TEGH)] agree to work within the legislated practices of the Occupational Health and Safety Act of Ontario.

All employees of MGH are responsible to contribute to a transparent culture of patient and staff safety by adhering to and abiding by patient and staff safety policies and procedures set by MGH.

All employees are accountable for protecting the psychological health and safety of themselves and their co-workers through adherence to MGH's policies and practices.

Physical Work Environment

General office environment.

Hybrid model 3 days in office, 2 days remote

37.5 hours per week.

Work extra hours to meet monthly deadlines when required.

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