Controller

**Controller**
- Department:_ Finance
- Program:_ Financial Services
- Status:_ Regular Full Time
Days - 8 Hour Shifts (Subject to Change)
Lakeridge Health Corporate Office (Whitby)
- Wage Schedule:_ $55.120 - $77.830 per hour
Vacancy: 2500001761

Position Description:
Reporting to the Deputy CFO, the Controller is accountable for the General Accounting, Accounts Receivable, Accounts Payable, Capital Asset management and reporting, and Treasury functions. As well, this position is responsible for developing and maintaining strong internal controls, recommending and developing financial policies and procedures, leading the organization through the external audit process and ensuring compliance with MOHLTC guidelines and appropriate GAAP. The Controller is an integral member of the Finance team who works collaboratively cross functionally, internally and with external stakeholders, to enable LH's strategic objectives while ensuring sustainability and minimizing financial risk. In this capacity, this position will provide accurate and timely financial data on which planning, performance and operational decisions are made while also providing excellent service.

Duties and Responsibilities:

- Manage the Accounts Receivable (AR), Accounts Payable (AP), General Accounting and Capital teams of finance;
- Manage a team of 9 direct reports consisting of an AR supervisor, an AP supervisor and the team of Financial Analysts and general accountants, while maintaining employee engagement, fostering a learning environment through coaching, mentoring, appraising and developing staff, and working collaboratively with other members of Finance to create a strong team dynamic;
- Provide managerial support to the supervisors and the team, including support of the unionized staff (AR & AP);
- Develop and implement succession plans across the portfolio;
- Ensure timely and accurate completion of month end processing, billing and collections, payments to vendors, capital transactions and production of financial information and reporting;
- Oversee the creation/maintenance of balance sheet account reconciliations to ensure account accuracy;
- Review and approve quarterly and annual regulatory filings such as HST remittances, and Charity Information Return (T3010) and ensure these are completed and submitted within regulated deadlines; prepare quarterly and annual reporting to Ontario Health and the Ministry of Health;
- Responsible for ensuring timely resolution of patient and/or vendor complaints or concerns; assist supervisors when necessary;
- Oversee the completion of monthly and year-end Financial Statements, including notes to the audited Financial Statements, in accordance with Canadian Public Sector Accounting Standards (PSAB); review of month end results and variance reporting for Senior Management and the Board;
- Develop, document, manage and maintain strong internal controls to protect organizational assets and monitor controls to ensure compliance with organizational policies and procedures, and all applicable laws, rules and regulations across portfolio;
- Recommend, develop and maintain financial policies and procedures;
- Keep abreast of changes in MOH and MLTC, Ontario Health, CCO and Health System Funding Reform (HSFR), the Ontario Health Reporting Standards (OHRS) and the Canadian Public Sector Accounting Standards (PSAB);
- Manage the Treasury function including monitor cash balances and transferring funds between accounts, managing relationship with the banks and our Investment Manager; manage the Procurement Card program, maintain and ensure compliance with bank covenants;
- Maintain cash flow model/forecast to perform cash projections and maximize return on excess cash balances including assessing investment opportunities;
- Maintain the multi-year capital plan/model as part of the cash flow forecasting to assess impact of investment decisions;
- Manage system conversion projects as required;
- Continuously reviewing business processes looking for improvement opportunities to create efficiencies, increase throughput and maintain and strengthen internal controls;
- Maintain budget for the balance sheet accounts;
- Developing and monitoring key performance metrics;
- Approval of requisitions and expenditures within authority limit;
- Manage the internal audit function and report on results;
- Lead and coordinate the organization's interim and year-end external audit; oversee all year-end activities and report on any audit findings and issues;
- Prepare ad hoc reports and presentations for all levels of management and committees
- Cross coordination with other financial managers and staff in finance and other functional areas across the organization to review procedures and recommend new procedures to ensure efficiencies.

Qualifications:

- Bachelor's Degree and Accounting Designation (CPA);
- Minimum five years of experience in a financial reporting or controllership role;
- Strong proficiency with the Micro