Financial Analyst III

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 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 groundbreaking 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 16,000 employees, more than 1,200 physicians, 8,000+ students, and many volunteers. UHN is a caring, creative place where amazing people are amazing the world

Union: Non-Union
Department: Altum Health Finance
Site: Krembil Discovery Tower
Reports to: Finance Business Manager
Work Model: Hybrid
Hours: 37.5 hours per week
Shifts: Monday-Friday; 7.5 hours per day
Salary: $76,655 - $95,823 per annum (To commensurate with experience and consistent with UHN compensation policy)
Status: Permanent Full-time
Number of positions available: 2
Closing Date: January 10, 2025

As a member of the Altum Finance team, Finance Business Manager, the Financial Analyst III performs a broad scope of professional accounting activities for the Social Medicine, UHN @ Home and IPP Programs. and will have the following responsibilities: working with senior finance management in the evaluation of assigned business cases; assisting with the preparation of the annual operating budget for assigned business area; preparing monthly and quarterly packages for senior management to facilitate the decision making and financial reporting process; supporting client groups; performing cross-functional duties and other duties consistent with the job classification, as required.

DUTIES:

• Review and prepare annual operating budget and periodic forecasts
• Work with business area managers and directors to prepare a preliminary assessment of risks & opportunities in business portfolio
• Prepare monthly variance analysis, draft commentary to emphasis key areas of opportunities and risks to manage tight financial constraints to various levels of leadership
• Streamline, develop, and coordinate processes
• Improve and develop chargebacks process
• Supervise billings to internal and external customers
• Perform month-end close including preparing and posting journal entries
• Perform Balance Sheet accounts reconciliation
• Primary finance lead for annual reconciliation process for the T&I Provincial Consolidation submissions to Ministry of Health and Long-term Care
• Identify accounting issues, process issues and make solid recommendation
• Perform cross-functional duties, as assigned or requested, including providing back-up support for other financial analysts.
• Perform other duties consistent with the job classification such as business analysis and cash modeling, as require

• University degree in Business Administration or equivalent program
• 1-3 years' experience in large complex accounting or auditing environment with exposure to a range of accounting principles, practices and procedures required
• Professional accounting designation (CPA), either completed or in final stages, OR relevant combination of education and experience
• Experience in financial planning and analysis
• Experience with activity, workflow and organizational analysis for business/process re-engineering or efficiency improvements
• Advanced level Excel skills and working knowledge of SAP S4HANA
• Excellent analytical and problem-solving skills
• Excellent organizational, time management and interpersonal skills
• Excellent verbal and written communications skills
• Ability to take initiative and embrace challenges

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.