Financial Reporting Specialist

Financial Reporting Specialist

Humber River Health. Lighting New Ways in Healthcare.

Since opening our doors in 2015 as North America’s first fully digital hospital, we remain unwavering in our belief that we can change the hospital where we work, the community where we live, and the world of healthcare beyond our borders. Serving a community of 850,000 residents in North West Toronto, Equity Inclusivity and active participation in the North West Toronto Ontario Health Team are key initiatives important to our Team.  At Humber River Health, we use a custom combination of technology and clinical expertise to rebuild elements of care. We make technology work for staff and physicians; giving them more time to spend with patients, to eliminate inefficiencies, and to reduce the chance of errors. Humber River Health is formally affiliated with both the University of Toronto and Queen’s University and committed to becoming a community academic hospital. Clinical Excellence, Optimizing Care through Technology and Community Connection frame our Research Strategy.

At Humber River Health, we’re not hoping for a renaissance, we are making it happen. As part of our dynamic team, you can lead the way, as we continue our journey towards high reliability care!

We currently have an exciting opportunity here at Humber River Health for a Temporary Full Time (12 months) Financial Reporting Specialist  to join our Finance team.  The successful candidate will be responsible for month and year-end accounting, account reconciliations, management reporting, government reporting, annual audits, and supporting the management team in providing financial analysis and decision support for the overall organization and its affiliated entities.

Reporting Relationship: Director, Finance & Controller Hours of work:  Monday to Friday 37.5 hours (evening hours and weekends may be required)

Work Location:  Fully on-site and willing to travel between sites as needed

Employee Group: Non Union

Responsibilities:

Reporting to the Director, Finance & Controller, this position is responsible for: 

• Review and organize all Ministry of Health (MOH), Ontario Health (OH), Ministry of Long-Term Care |(MLTC) and other provincial funding letters and present any key findings and reporting requirements to relevant stakeholders
• Responsible for completing external reports as assigned, on time and accurately, including but not limited to MOH/OH/MLTC reporting, and other funders
• Connect with the funders for additional clarification on funding or reporting requirementsResponsible for the financial accounting, reconciliation and reporting to funders and  coordinate any audits required
• Ensure that financial reporting policies and procedures are followed, as well as compliance with Generally Accepted Accounting Principles (GAAP) / Public Sector Accounting Standards and Management of Information Systems (MIS) standards

• Prepares monthly financial month-end journal entries and reconciliations
• Prepare monthly/quarterly financial report packages for management to facilitate the optimal decision making and financial reporting process
• Prepares and/or reviews technical accounting interpretations for various issues that arise
• Assist manager on monthly/quarterly financial review process including providing ad-hoc financial information and assist with follow-up of action plans
• Performs cross-functional duties, as assigned or requested, including providing training and back-up support for other financial analyst, as required
•  Monitor the financial status of the MLTC funding envelopes in coordination with long-term care operations team  to ensure that funds are utilized as per funding policy
• Establish and maintain effective and cooperative working relationships with colleagues
• Provide support in special projects to improve process efficiency and performance
• Any adhoc tasks as deemed necessary.

 Requirements:

• Undergraduate Degree in accounting, finance, business administration or equivalent program is required
• Chartered Professional Accountant (CPA) or working towards a CPA designation
• Minimum (3) three years related experience in healthcare environment is preferred
• Knowledge of Generally Accepted Account Principles and Public Sector Accounting Standards
• Working knowledge of MIS Standards and Ministry of Health and Ministry of Long-Term Care reporting requirements preferred
• Experience with Meditech is a strong asset and as well as an aptitude for learning new computer applications
• Strong computer skills required in all Microsoft applications (i.e. Excel, Word, Outlook, Powerpoint)
• Experience using multiple data sources (financial, statistical, Ministry data, etc.) to develop and prepare complex analysis preferred
• Excellent analytical, organizational and problem solving skills
• Ability to work independently to meet tight deadlines.
• Superior communication and interpersonal skills with the ability to work well in a team setting
• Leadership and conflict management skills preferred
• Excellent attendance and discipline free record required.

Interested applicants are required to submit an Application before the closing date. We thank all candidates that apply but only qualified candidates will be contacted for an interview.

Why choose Humber River Health?

At Humber River Health, our staff, physicians, and volunteers are lighting new ways in healthcare. We are proud to be recognized as a part of Greater Toronto’s Top Employers by Mediacorp Canada Inc. We support employees by providing evidence-based leadership and cultivating a culture that consistently wows as a Huron Consulting hospital. We are a member of the Toronto Academic Health Science Network (TAHSN) and are deeply involved in research and academic collaboration. We are dedicated to high-quality patient care and demonstrate our values of compassion, professionalism, and respect.

Attracting and retaining a workforce that represents the diverse communities surrounding Humber River Health, is a priority.  We encourage applicants from all equity-deserving groups, including but not limited to, individuals who identity as Indigenous, racialized, seniors, persons living with disabilities, women, and those who identify as 2SLGBTQ.

Applicants will not be discriminated against on the basis of race, creed, sex, sexual orientation, gender identity or expression, age, religion, disability, medical condition, or any protected category prohibited by the Ontario Human Rights Code and Accessibility for Ontarians with Disabilities Act.

Accommodations are available throughout the recruitment process as well as during employment at Humber River Health. Please direct any accommodation requests to our recruitment team.