Financial Analyst

**Position Details**:
**Posting #**: 30346
**Department**:Payroll
**Employee Type**:**Regular, Full Time
**If Temporary, Number of Weeks**:
**Union**:**Non-Union
**Openings Remaining**:**1

**Schedule**:
**Work Days**: Monday to Friday
**Time of Day**: Days
**Shift**: 7.5 hour
**This position may be scheduled at any of the following sites**: Charlton Campus (Hamilton Downtown), West 5th Campus (Hamilton Mountain)

**Application Dates**:
**Opening Date**: 30/01/2025
**Closing Date**: 06/02/2025 Applications must be received online by 12:00 midnight on the Closing Date

**Position Description**:
***:
Reporting to the Manager of Payroll Services, the Financial Analyst, Payroll & Compensation supports both Compensation and Benefit functions within the payroll department and plays an integral role in performing regular audits, analysis and reporting ensuring data integrity is maintained for the hospital. The Financial Analyst, Payroll & Compensation provides support to the payroll, finance, pension and benefit processes in a multi union environment at St. Joseph’s Healthcare Hamilton and its subsidiaries. The Financial Analyst, Payroll & Compensation is also responsible for analyzing employee records to ensure accuracy in employee compensation and benefit data. This position also plays a key role in supporting regular and ongoing Benefit audits and supports the Compensation Consultant with large ad hoc and cyclical projects.

**QUALIFICATIONS**:

- Three year Diploma required in accounting or Undergraduate Degree in Finance and/or Human Resources preferred
- NPI certified PCP (Payroll Compliance Professional) required
- PLP (Payroll Leadership Professional) and other accounting designations are required
- Minimum 5 years’ experience processing payroll of a large size organization (3,000 or more employees), including experience with payroll accounting and the processing and reconciliation of government and other remittances
- Exceptional organizational skills, strong attention to detail and the ability to multi-task and prioritize to meet multiple deadlines.
- Strong analytical, quantitative and problem-solving skills; able to research and translate complex technical data into accurate and meaningful analyses and reports.
- Excellent interpersonal and business writing skills to effectively communicate technical and information that is easily understood by stakeholders and team members.
- Exceptional customer service skills and the ability to develop and establish effective working relationships with key stakeholders, resolve and respond to inquiries in a timely and professional manner.
- Demonstrated understanding of legal regulations with regards to a hospital setting, e.g. CRA, multiple collective agreements in a unionized environment, HOOPP Pension, EHT, WSIB etc.
- Proven ability to solve problems with diplomacy and tact.
- Demonstrated ability to work cooperatively in a tightly knit team and individually.

**RESPONSIBILITIES**:

- Understand and adhere to legislation, collective agreements and hospital policies and procedures as it pertains to payroll
- Review, analyze, evaluate and make recommendations for improvements to the operation of payroll and related tools
- Ensure the integrity of the payroll information through the validation and audit of the payroll system
- Maintain documentation, records, manuals, and the department website
- Monitor changes from different unions under established collective agreements and federal and provincial legislation changes; work with the Payroll Suporvisors, HR and Payroll to test and implement changes on a timely basis
- Prepare complex employee file changes, including but not limited to, status changes, tax information, benefit arrears, etc. Responsible for employee overpayments claw back and system adjustments
- In collaboration with Human Resources, ensure employee vacation banks and other time owing, is accurately accounted for and reported
- Ensure the protection of Hospital resources from theft, fraud and misappropriation
- Assist with Month/Year end process to ensure HOOPP MDC, T4’s and financial account are reconciled
- Prepare and adhere to all in-year and year-end reporting requirements, ensuring that all federal and provincial requirements are met
- Responsible for preparing and ensuring payroll account reconciliations are updated regularly, are accurate and complete, including support and engagement during the year-end audit
- Develop a customized report library and respond to ad hoc report requests from various stakeholders as they pertain to payroll
- Provide knowledge and advice regarding Payroll related metrics to provide the most effective data and approach to gathering information for client business needs
- Responsible for creation and execution of audit reports that verify and ensure employee data integrity and compliance with policy
- Ensure integrity and maintain confidentiality of HR and pay data
- Write a variety of documents including but not