Finance Intern

5 months ago


Toronto, Canada MEDCAN Full time

About Us:
Established over 30 years ago, Medcan is a global leader in assessing clients' overall well-being and inspiring them to live well. Medcan has a comprehensive range of diagnostic assessments, which, in combination with innovative programs tailored to specific needs, are designed to successfully reach improved health outcomes.

Over 80 physicians and specialists, alongside a broad roster of complementary health care disciplines, provide health and lifestyle management services on site and by video consult for individuals, families and organizations. Our team of 700+ staff see clients virtually and physically from our downtown Toronto and Oakville clinics.

As a finance Intern, you will gain practical experience in finance operations and contribute to real-world projects and learning about financial processes within Medcan’s finance team.

You will play an important role in Medcan’s Finance and Accounting team by assisting with an Account mapping and legacy data reclassification project and a Physician Fixed Asset management project.

This is a summer internship opportunity that will run from May to August. Our paid internship program gives students practical work experience, learning and development workshops, social outings, and an opportunity to meet with our CEO and executive team members.

The Accountabilities
- Work on reclassifying historical financial data into new cost centers and spend categories
- Review legacy records, identify discrepancies, and update them according to current standards
- Work closely with Finance business partners to ensure accurate data migration
- Analyze account data, including transaction history, balances, and account structures
- Ensure consistency and accuracy in account records
- Identify opportunities to streamline data reclassification processes and ensure accuracy going forward
- Propose process enhancements to reduce manual work and improve efficiency
- Assist in creating and maintaining a comprehensive fixed asset database
- Ensure relevant information for each asset is completed including purchase price, acquisition date, physical location, serial number, estimated remaining useful life and any other essential information.
- Collaborate with Operations managers to estimate the useful life of each asset
- Research industry standards and best practices to determine appropriate useful life estimates
- Assist with other finance-related tasks as assigned by the supervisor
- Participate in team meetings (both virtual and onsite) and contribute fresh ideas

The Requirements:

- Currently pursuing a degree in Finance, Accounting, Business or a related field
- Analytical skills: ability to work with data, perform calculations and interpret information
- Natural attention to detail and high degree of accuracy
- Familiarity with databases and spreadsheets
- Team player with an eagerness to collaborate with cross-functional teams

This is a summer internship opportunity from May to August. This is a hybrid opportunity working 2 days/week in our Toronto office. You will work 5 days/week between Monday to Friday.

We thank all applicants for their interest; however only those selected for an initial interview will be contacted. No phone calls and no agencies please.

Diversity, Inclusion, and Accessibility:
Medcan is an equal opportunity employer committed to the principles of employment equity, diversity, and inclusion. We continuously work to provide a fair opportunity for all staff to participate and succeed at work, creating a sense of belonging, respect and a place that values the unique perspectives and lived experiences of each member of our team. We recognize the value of diversity in attributes such as age, gender identity and expression, sexual orientation and attractionality, ethnicity, race, colour, nationality, family and marital status, ability, religion and belief, freedom of thought, and any other characteristic that makes you unique. If these principles resonate with you, we encourage you to apply

If contacted for an employment opportunity, please advise your Talent Acquisition Specialist if you require accommodation.



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