Senior Financial Analyst

Reporting to the Finance Manager, the Senior Financial Analyst will be assisting the operations in processing and analyzing of financial data and reviews to drive financial performance and support our business partners. The candidate will also be responsible for setting up of financial data analysis and assisting in the month-end result package, supporting the annual budget process and quarterly forecasts.

This position will be based at our Head Office in Markham, Ontario, with flexibility for in-office work as part of our hybrid work model.

Accountabilities

Period End Close & Reporting (incl. Prepaids, Accruals, and Other Accounting)

• Executes period end closing activities and completes month-end close checklists
• Gathers data and performs calculations for accrual and prepaid entries and other month end journal entries
• Reviews classification of expenses and capitalization of significant expenses
• Generates necessary reports to facilitate period end close

Account Reconciliations

• Gathers and reviews data in relation to the preparation of account reconciliations and bank reconciliations
• Prepares reconciliations and resolves unsupported variance that exceed thresholds
• Prepares entries for posting related reconciliations, write offs and adjustments
• Gathers required data fields and compiles into standardized reports

Budgeting & Forecasting

• Assist with the preparation of the annual budget
• Prepares budget to actual variance analysis, providing explanations based on investigation and communication with operations staff
• Responsible for preparation of monthly forecasting for each home/facility/branch in coordination with operational staff

Management Reporting

• Prepares management reporting packages which includes commentary and supports queries for strategic analysis, variances and KPIs
• Generates standard and recurring management reports, and work with Finance Business Partner to provide insight and analysis where needed.

Regulatory Reporting

• Gathers necessary information to prepare required regulatory reporting based on requirements of geographic region for assigned facilities
• Ensures timely submission of required government and regulatory reporting

Leadership

• Collaborates, builds, and maintains relationships with business unit (BU) operational staff and other finance business partners
• Ensures the BU teams follow Extendicare's prescribed accounting systems and procedures; assists with field related problems which impact accounting/finance
• Leverages financial, business, and accounting knowledge to drive process improvements and create efficiencies
• Coaches and provides support to Financial Analyst as required
• Contributes to special projects as required

Qualifications and Experience

• Bachelor's degree in Business Administration, Accounting or related field
• 3-5 years experience in operational and accounting areas. Three years' experience within the health care industry is preferred.
• CPA Designation is preferred
• Client-focused mindset
• Strong presentation, communication and interpersonal skills, good team player.
• Excellent organizational, computer and analytical skills, advanced working knowledge of Excel.

What Extendicare has to offer:

At Extendicare, we believe that working as a team creates an environment that allows us to reach our potential. We value each employee, encourage equal opportunity for growth and recognize achievement. As a valued member of our team, you can expect:

• Continuous mentorship, support for life-long learning and growth opportunities
• Opportunities for advancement and career growth within the organization
• A rewarding and meaningful work experience where you can enrich your life and the lives of others through your work.
• Employee Family Assistance Program.
• Robust benefits package.

Extendicare is a leading provider of care and services for seniors throughout Canada. Through our network 123 owned and operated long-term care homes, as well as our home health care operations serving more than 10,000 patients annually, we provide people with the care they need wherever they call home. Our qualified and highly trained workforce of 22,000 individuals are united by a dedication to quality care and by our vision for a future where everyone in Canada has access to the care and support they need to live their best lives.

• #Extendicarefinance
• #Hybrid

Time Type:

Extendicare and affiliated organizations including our partner homes in Extendicare Assist, accommodate the needs of job applicants throughout its recruitment and selection processes upon request.