Accounting Specialist

1 week ago

Toronto, Canada Michael Garron Hospital Full time

**Position Overview**

The Accounting Specialist will work closely with the Finance Team, and provide accounting expertise and financial support to the organization and its decision-making processes. Assumes key responsibilities for the analysis of financial issues and supports the month-end, quarterly and yearly close process. The Accounting Specialist will work with Finance Business Partners, HR, Business Office, Decision Support, Clinical and Non-Clinical programs and ensure the accuracy and integrity of the financial data reported is reflective of the hospital’s current state of operations.

**Primary Responsibilities**
- Accounting
- Participate in monthly, quarterly and annual close processes
- Perform account analysis and reconciliations and posts adjustments / reclassifications as needed
- Maintain and reconcile schedules for a variety of accounts and reconcile sub-ledger to general leger account balances
- Perform bank reconciliations and update daily bank balances
- Post monthly, quarterly and year-end entries and accruals, prepayments
- Verify cost allocations according to organizations procedures
- Updating of financial reports critical to month-end close; Income Statement, Balance Sheet, Cashflow, Variance by portfolio
- Assist with research and capital (NPCC, PCOP and other) requests
- Assist with the annual external audit
- Financial Planning and Analysis
- Participate in preparation of annual forecasts, budgets and multi-year plans
- Assist in analyzing and interpreting monthly budget variances with actual results
- Provide ongoing support to Directors/Managers of administrative support departments; including the preparation of operating budgets
- Provide information to internal clients relating to statistics, both regular and ad-hoc basis
- Contribute to process improvement by enhancing and developing analysis, models, reports and dashboards by leveraging reporting tools
- Other
- Administrator for all SRM requests and Cost Centre hierarchy updates
- Other ad-hoc duties as assigned by management

**Experience**- Minimum five (3-5) years’ progressive experience preferably with hospital healthcare experience
- University degree in Accounting, Finance or Business
- Working towards CPA designation
- Experience analyzing financial data and preparing financial reports, statements and projections
- Experience with SAP, SRM, Cognos reporting tools is considered an asset
- Intermediate to advance excel skills, pivot tables, lookups, SUMIFs
- Ability to prioritize tasks and responsibilities
- Excellent analytical, problem solving abilities
- Strong interpersonal and communication skills (both written and verbal)
- Strong work ethic with a positive, can-do attitude and takes initiative
- All employees of Michael Garron Hospital (MGH), a division of Toronto East Health Network (TEHN) [formerly Toronto East General Hospital (TEGH)] agree to work within the legislated practices of the Occupational Health and Safety Act of Ontario.
- All employees of MGH are responsible to contribute to a transparent culture of patient and staff safety by adhering to and abiding by patient and staff safety policies and procedures set by MGH.
- All employees are accountable for protecting the psychological health and safety of themselves and their co-workers through adherence to MGH's policies and practices.

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