Financial Analyst I

The University Health Network, where "above all else the needs of patients come first", encompasses Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute, West Park Healthcare Centre and the Michener Institute of Education. The breadth of research, the complexity of the cases treated, and the magnitude of its educational enterprise has made UHN a national and international resource for patient care, research and education. With a long tradition of ground breaking firsts and a purpose of "Transforming lives and communities through excellence in care, discovery and learning", the University Health Network (UHN), Canada's largest research teaching hospital, brings together over 17,000 employees, more than 1,250 physicians, 8,000+ students, and many volunteers. UHN is a caring, creative place where amazing people are amazing the world.

Union: non- union
Site: Hydro Place - 700 University Ave
Department: Accounts Payable
Reports to: Manager, Accounts Payable
Grade: N0:04
Hours: 37.5 hours per week
Salary: $56,882-$71,097 (To commensurate with experience and consistent with UHN compensation policy)
Status: Permanent, Full-Time
Closing Date: December 20, 2024

Position Summary

As an integral member of Accounts Payable ("AP") department, the Financial Analyst I performs a broad scope of professional accounting activities requiring experienced, professional knowledge and application of accounting principles and practices. Reporting to the AP Manager and AP Lead, the Financial Analyst I performs, relatively independently, a wide range of detailed and complex accounting and advisory functions requiring professional judgement pertaining to assigned area, accounts or departments and ensures day to day operations are carried out in accordance with established accounting principles, policies and objectives.

Duties:

• Review submissions for weekly payments for adherence to policies and process as per the agreed terms
• Provide guidance and support to AP associates on processing invoices efficiently to minimize payment delays
• Perform analysis on overdue accounts, GRIR, aging vendors and shipping freight variances
• Perform month-end close including preparing and posting journal entries/accruals
• Perform Balance Sheet accounts reconciliation, investigate and resolve variances.
• Prepare various subsystem reports or database queries, draft commentary to emphasis key areas of variance and provide recommendations for resolution.
• Understand procedures and policies in AP with regards to vendor management, invoice management, and payments, and able to reinforce it when required
• Perform cross-functional duties, as assigned or requested, including providing back-up support for other financial analysts.
• Participate in ad hoc projects or activities as needed

• University Degree in Business Administration or equivalent
• One to two years (1-2) related experience in an accounting environment with exposure to a range of accounting principles, practices and procedures
• Experience with SAP, preferably S4 HANA
• Working towards completion of a professional accounting program, preferred - eg. CPA or relevant combination of education and experience
• Ability to analyze and interpret large quantities of financial and statistical data; systems thinker
• Excellent oral and written communication skills
• Outstanding problem-solving skills and great attention to details
• Highly organized and able to handle multiple tasks under tight deadlines
• Strong knowledge of computer application accounting systems & software applications, preferably in a Microsoft Office environment, well verse with Excel formulas including vlookups, pivot tables etc.
• Knowledge of Microsoft 365 Power Tools an asset

Why join UHN?

In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.

• Competitive offer packages
• Government organization and a member of the Healthcare of Ontario Pension Plan (HOOPP https://hoopp.com/)
• Close access to Transit and UHN shuttle service
• A flexible work environment
• Opportunities for development and promotions within a large organization
• Additional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)

Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.

All applications must be submitted before the posting close date.

UHN uses email to communicate with selected candidates. Please ensure you check your email regularly.

Please be advised that a Criminal Record Check may be required of the successful candidate. Should it be determined that any information provided by a candidate be misleading, inaccurate or incorrect, UHN reserves the right to discontinue with the consideration of their application.

UHN is an equal opportunity employer committed to an inclusive recruitment process and workplace. Requests for accommodation can be made at any stage of the recruitment process. Applicants need to make their requirements known.

We thank all applicants for their interest, however, only those selected for further consideration will be contacted.