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Senior Financial Analyst

2 months ago


Toronto, Ontario, Canada Baycrest Full time
Job Title: Senior Financial Analyst

Baycrest is seeking a highly skilled Senior Financial Analyst to join our Corporate Financial Services department.

Job Summary:

The Senior Financial Analyst will be responsible for providing complex financial analysis and evaluative financial services to internal and external customers. This includes budgeting and planning, reporting, financial analysis and statistics, accounts payable/receivable, and general accounting.

Key Responsibilities:
  • Act as a business lead partner for all stakeholders in the assigned portfolio, ensuring transfer of knowledge, identification of variances/performance issues, and recommending remedial actions.
  • Provide complex, value-added financial analysis and evaluative financial services in a timely and accurate manner, applying financial insight to developing plans, closing gaps, or identifying alternative actions and making recommendations.
  • Work as part of the planning and analysis team, with flexibility to support other portfolios, special projects, and total organizational results.
  • Prepare and analyze budgets, financial variance, and performance analysis.
  • Ensure accuracy and integrity in general ledgers, labor distribution, and financial reporting.
  • Assist with and/or prepare quarterly/monthly reporting required for external stakeholders, including LHIN/MOH/Other funders/donors, etc.
  • Provide advisory services and recommendations to staff and management on financial policies and procedures, budget assumptions, financial results, and projections, service levels.
Qualifications:
  • Bachelor of Science in Business Administration, Major in Accounting, or Bachelor of Science in Accountancy or equivalent.
  • Canadian Chartered Professional Accountant designation or equivalent.
  • Minimum 3 years of experience in financial analysis and budgeting.
  • Experience in Hospital and/or Long-Term Care facility sectors.
  • Sufficient breadth and depth of understanding of financial concepts, transactions, and accounting treatment.
  • Experience in reporting the MoHLTC/LHIN.
  • Proficient in SmartStream, Prophix, and MEDITECH.
  • Proficient in Excel, Access, Word, and PowerPoint.
  • Strong hands-on team player and ability to excel in a fast-paced and dynamic environment.
  • Excellent critical thinking and analytical skills.
  • Excellent interpersonal management skills, with the ability to effectively interact with various levels of staff and divisions of the organization.
  • Excellent verbal, written, and listening communications skills.
  • Ability to distill and articulate complex financial information into clear, concise messages, often for persons in non-financial roles.
  • Experience performing strategic financial analysis, audits, preparation of budgets, and financial planning.
Additional Benefits:
  • Vacation entitlement.
  • Opportunity to enroll in the extended health and dental benefit plan.
  • Opportunity to enroll in the Healthcare of Ontario Pension Plan (HOOPP).
  • Access to 24/7 Employee Assistance Program.

Baycrest is committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act ('AODA'). If you require accommodation for disability during any stage of the recruitment process, please notify Human Resources at or, ext. 2961.

All successful candidates will be required to complete a police reference check/vulnerable sector screen.