Advanced analytical skills using Business Intelligence tools, Excel, SAP
Strong communication and interpersonal skills for collaboration
Ability to work independently and in teams
Responsibilities
Conduct regular meetings with managers and directors to provide financial analysis and explanations for variances
Monitor supply chain KPIs to track performance and identify improvement areas
Manage data governance requests and schema changes via ServiceNow
Act as Data Steward to escalate complex data issues to the Data Governance Management team
Participate in data preparation, cleansing, and validation activities
Develop customized reports and presentations for stakeholders
Collaborate with cross-functional teams to align supply chain goals
Analyze supply chain data to identify cost reduction and process improvement opportunities
Support financial review discussions by gathering accurate information
Participate in budgeting and forecasting processes for the annual operating plan
Benefits
Permanent, full-time position
Collaborative work environment with clinical and administrative teams
Opportunity to influence strategic planning and decision-making
Engagement in diverse financial analysis tasks
Professional development opportunities in a healthcare setting
Full Job Description
Job Number: JR107411Job Title: Senior Financial AnalystUnion:Union:Job Category: ProfessionalHospital Location: Consilium PlaceJob Type: Permanent, Full timeNumber of Positions: 1Minimum - Maximum Hourly Rate: $52.97 - $61.407Hours: Days
Job Description:
Position Overview
The Senior Financial Analyst provides expert financial analysis to various clinical programs including facilitating the integration and interpretation of information for effective, efficient program business management. The role involves working collaboratively with Clinical Program Directors, Managers and Physicians and Administrative departments such as Human Resources, Risk Management, IT, Health Records, etc. The Senior Financial Analyst will determine and compile annual budget requirements through the exploration of various scenarios, defined in conjunction with the program teams and based on the forecasted assumptions and benchmarking tools, analyze and report monthly utilization, financial and resource management trends in order to add value to program and corporate strategic planning and decision making. The incumbent will also provide consultation, training, and support to managers, physicians, and staff in the interpretation of financial and performance reports to assist effective operational management decisions.
Responsibilities
Regular meetings with managers and directors to remain appraised of business operations, provide financial analysis including meaningful explanations for financial variances and performance results
Monitor and report on supply chain KPIs to track performance and identify areas for enhancement
ServiceNow Intake & Workflow Management - Manage, review, and triage data governance requests, schema changes, and access modifications submitted via the ServiceNow portal
Act as the Data Steward between internal stakeholders and the Data Governance Management (DGM) team to escalate complex data issues.
Participate in data preparation, cleansing, and validation activities, including master dataset, spend history, forecast, inventory audit and planning parameters
Develop customized reports and visually impactful presentations for various end users and stakeholders including annual budget presentations, reports on key performance indicators, benchmarking targets, etc.
Collaborate with cross-functional teams to ensure alignment of supply chain goals and objectives
Analyze supply chain data and trends to identify cost reduction and process improvement opportunities
Actively participate and provide support in financial review discussions and decision-making processes by gathering accurate information in a timely and efficient manner
Participate in budgeting and forecasting processes including Scarborough Health Network's annual operating plan, monthly and quarterly forecasting
Requirements
Minimum of a bachelor's degree in finance, accounting, or economics. A health care background with considerable financial expertise may be considered.
Professional financial designation or equivalent or enrolment (CPA, CGA, CMA, CA)
3-5 years progressive experience in budgeting, forecasting and analysis in a health care environment
Extensive experience with database management (i.e. MS Excel and Access)
Advanced analytical capability using Business Intelligence tools, Excel, SAP, to build business cases and influence senior stakeholders
Excellent analytical and problem-solving skills with demonstrated logical thought process
Excellent communication and interpersonal skills to collaborate effectively with internal and external stakeholders.
Exceptional research and organizational skills
Ability to work both independently and in a team environment
Ability to independently interpret report results, identify risks and provide analysis and assessment for redirection
Demonstrates a commitment to customer service when dealing with patients, colleagues, volunteers and other members of the community and public
Demonstrates values consistent with SHN's Code of Conduct and is committed to fostering a healthy and positive work environment in accordance with Health & Safety policy and legislation
Utilize protective equipment provided and identify and reports hazards
Engages in ethical conduct and strives to understand and appreciate the diversity of our patient/staff population and community
Excellent work performance and attendance
Asset
Understanding of MOHLTC Reporting including Ontario Healthcare Reporting Standards (OHRS), MIS TB, Self-Reporting Initiative (SRI)
Knowledge of Health Based Allocation Model (HBAM), Quality Based Procedures (QBP) and Cancer Care Ontario (CCO) funding models
Knowledge of statistics utilized in a large community hospital setting
Ability to speak another language
This opportunity is posted to support the recruitment of an existing vacant position.
