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Senior Business Analyst

2 months ago

Barrie, Ontario, Canada Independent Living Services Simcoe County Full time
Job Summary:

As a Senior Business Analyst at Independent Living Services Simcoe County, you will play a key role in driving business growth and improvement through data-driven insights and strategic analysis. Reporting to the Director, Corporate Administration & Finance, you will collaborate with various stakeholders to understand business objectives, gather requirements, and define scope for new initiatives and projects.

Key Responsibilities:
  • Provide financial reporting and data analysis to the Director, Corporate Administration & Finance, on organizational and ministry required financials.
  • Ensure adherence to financial regulations and standardized accepted accounting practices.
  • Continuously review financial processes and procedures to ensure efficiencies, safeguard financial assets, and ensure adherence to legal requirements.

Business Intelligence:
  • Locate, assess, and define financial process improvement opportunities and recommend course of action.
  • Conduct thorough data analysis to identify business opportunities and areas of improvement.

Data Collection & Analysis:
  • Collect and interpret financial data, analyze results using statistical techniques, and generate reports.
  • Acquire data from primary or secondary data sources and maintain databases/data systems.
  • Monitor and reconcile bank statements and general ledgers.
  • Assist in the preparation and submission of financial statements and reports.
  • Assist in the audit process and ensure compliance with financial policies and regulations.
  • Develop and implement internal control procedures to safeguard financial assets.

Organizational/Departmental Support:
  • Work closely with management to prioritize business and information needs.
  • Support the development of comprehensive business plans, including the identification of goals, objectives, deliverables, and key performance indicators.
  • Support organizational and departmental budgeting and forecasting activities.
  • Track and manage organizational expenses.
  • Conduct financial analysis and reporting to management as needed.
  • Assist in the audit process and ensure compliance with financial policies and regulations.
  • Develop and implement internal control procedures to safeguard financial assets.

Preferred Qualifications:

Education & Experience:
  • Bachelor's Degree in Business Administration, Finance, Economics, Statistics, Information Management, or a related field.
  • CPA designation or equivalent experience, Canadian Payroll Certification.
  • Experience with Ministry of Health and Long-Term Care reporting practices.
  • 3-5 years experience as a Financial Analyst or similar role.

Knowledge:
  • Solid understanding of financial procedures, processes, and regulations and ability to explain them in easily understandable terms.
  • Strong proficiency in accounting software (e.g., Great Plains, Quadrant) and MS Excel.
  • Excellent organizational and multitasking abilities.
  • Strong attention to detail.
  • Solid understanding of non-for-profit business operations and processes.

Skills:
  • Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy.
  • Excellent communication and presentation skills; ability to explain complex data and technical concepts in simple terms.
  • Strong emotional intelligence skills regarding relationship management, social awareness, self-awareness, and self-management.
  • Well-developed thinking skills i.e. divergent and convergent thinking and crystallized and fluid intelligence.
  • Proactive problem solver with the ability to work independently and as part of a team.

Personal Attributes:
  • Strong passion for numbers and ensuring accuracy and detail in their work.
  • Adaptable, proactive, and able to thrive in a fast-paced, dynamic environment.

Working Conditions:
  • Location: Hybrid Work arrangement (3 days in office) available.
  • Hours: Full-time, with occasional evening or weekend work required for special events or needs.

Salary: Commensurate with experience and qualifications.