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Senior Financial Analyst, Governance and Compliance
3 months ago
Why You Will Appreciate Being Here:
- A high-performance culture that prioritizes people.
- Our dedication to equity, diversity, and inclusion as core elements of our workplace and business success, fostering an environment where employees feel valued and empowered to express their true selves.
- Membership in HOOPP's premier defined benefit pension plan, contributing significantly to your retirement security.
- Comprehensive, fully company-funded extended health and dental benefits for permanent staff, including coverage that supports our team's diversity and mental health, gender affirmation, fertility treatments, and psychological support benefits of up to $2,500 annually, along with an extended maternity/parental leave of 26 weeks.
- Optional post-retirement health and dental benefits subsidized at 50%.
- Access to yoga classes, meditation workshops, nutritional consultations, and wellness seminars.
- Participation in an annual wellness reimbursement program for health and wellness-related expenses available to both permanent and temporary employees.
- The chance to make a meaningful impact by ensuring a financially secure retirement for Ontario healthcare professionals.
Position Overview:
Reporting to the Financial Reporting Policy & Taxation Consultant, the Senior Business Analyst will be instrumental in delivering financial insights, enhancing processes, and aiding strategic decision-making within the Finance Governance & Tax department. This role involves collaboration with cross-functional teams, including finance experts, IT specialists, and the Finance Governance & Tax team, to ensure alignment between business goals and technological solutions while providing support for the systems, tools, and processes utilized by the department.
Key Responsibilities:
- Oversee the coordination of various new and ongoing projects and automation initiatives at different stages of development.
- Contribute to the advancement of workflow design and automation to continuously enhance efficiency while ensuring robust system/process controls are established to mitigate operational risks.
- Foster and maintain strong relationships within our department and across other finance teams, IT, and stakeholders, facilitating communication to ensure collaboration and a shared understanding of priorities.
- Collaborate with IT teams to comprehend technological capabilities and limitations.
- Work with our department to articulate the issues needing resolution and prepare relevant materials for IT to develop solutions.
- Develop business cases, project plans, and monitor progress against key milestones, identifying and addressing issues and risks as they arise.
- Implement and manage quality assurance processes to ensure project deliverables meet established standards and requirements.
- Collaborate with our department and other stakeholders to gather and document business requirements, working with IT to translate these into technical specifications for system enhancements or implementations.
- Coordinate with IT to plan and oversee the deployment and validation of changes to production systems and tools used by the team.
- Create test plans and lead the user-acceptance testing process for system/process improvements.
- Develop clear and concise training materials, including process descriptions, workflows, and system functionalities.
- Utilize data to generate insightful reports and dashboards for management decision-making.
- Collaborate with the Operational Risk Management Finance team and process owners to establish key performance indicators (KPIs) and create reports to track progress and outcomes.
- Lead or contribute to finance-related projects, ensuring timely and successful completion.
- Ensure adherence to internal policies.
Qualifications:
- A minimum of 5 years' experience as a Business Analyst in a Finance setting.
- Strong analytical skills to evaluate and resolve complex business challenges, identify trends, and provide data-driven insights.
- Experience with the complete software development lifecycle (both agile and waterfall methodologies), including requirements gathering, design, development, testing, rollout, implementation, and training.
- Excellent verbal and written communication skills, essential for conveying complex technical information to non-technical stakeholders and collaborating effectively with cross-functional teams.
- Proficiency in gathering, documenting, and managing requirements from diverse stakeholders to ensure alignment with business objectives.
- Strong organizational skills, capable of managing complex processes across Divisional business units in a diplomatic and professional manner.
- Ability to engage with various organizational levels confidently and effectively, building strong working relationships in a collaborative environment.
- Prior experience in leading and executing testing initiatives.
- Ability to negotiate and facilitate consensus among diverse stakeholders with differing interests.
- Skills in managing and facilitating organizational change, ensuring smooth transitions and adoption of new processes and/or technologies, including Artificial Intelligence.
- Proficiency with Microsoft Office applications, Microsoft SharePoint, Power BI, Power Apps, Power Automate, and relevant business analysis and project management tools.
- Self-motivated with the ability to work independently.
- A degree in Finance, Business, or Accounting is advantageous.