Manager, Finance (RFT 1.0 FTE)

Duties

Accountability #1 : Management

• Supervision of 2.0 FTE Financial Analysts
• Meets with employees for performance reviews to collaboratively set future goals, develop plans for achieving goals, monitoring progress and provide ongoing feedback
• Monitors employee sick and vacation leave and provide support for preventing and managing lost time.
• Provides leadership to the Department by mentoring and staff development
• Assists in hiring process. Reviewing resumes, interviewing potential candidates
• Oversee the work of others in compliance with the Occupational Health and Safety Act (OHSA), its regulations, and ROHCG policies.

Accountability #2 : Budgeting

• Lead and coordinate the annual budget and forecast processes (. review related corporate budget strategies and forecasts, analyze submissions, and provide recommendations for revisions)..
• Develop tools and reports to assist all levels of management in data analysis, budgets and forecasting.
• Assist in budget presentations to senior leadership and the Board; assist in the submission of the final budget to the Ministry of Health and Long Term Care (MOHLTC) via the completion of the Hospital Annual Planning Submission Acts as a consultant in the development of business plans when new programs or services are being planned;

reviews, provides advices and makes recommendations where appropriate.

Accountability #3 : Program Support

• Oversee the monitoring of current financial status of hospital programs.
• Provide financial support to senior leadership.
• Develop tools and reports to assist all levels of management in data analysis, budgets and forecasting.
• Act as a consultant in the development of business plans for new programs or services; review, provide and make recommendations as required.
• Lead, supervise and coordinate the financial support process to all programs within the hospital
• Investigate and / or respond to requests on issues that may have a financial impact to the organization and provide analysis, alternatives and recommendations.
• Complete, analyze and ensure the accuracy of various key corporate financial reports within prescribed timelines and according to the specific needs of various stakeholders and various other funding or governing agencies.
• Create and deliver education sessions and provide training to all levels of management and front line staff on matters relating to financial statement analysis, budget preparation, forecasting, OHRS, Patient Costing, and other financial requirements.
• Demonstrate the effective use of the financial system to managers.
• Coach and mentor various levels of management and finance staff.

Accountability #4 : Reporting

• Ensure ROHCG is in compliance with the Ontario Healthcare Reporting Standards; encourage and influence organizational compliance to the Ontario Health Care Reporting Standards (OHRS) and provide consultation and educational services to all levels of management to ensure quality financial data is used to inform and support decision making, internally and externally.
• Maintain current knowledge of the Ontario Case Costing standards and health system funding methodologies and make recommendations on improving data quality;

work collaboratively with the patient costing team, ROHCG programs and medical staff to ensure continued improvement of patient costing data that is used to inform internal and external decision making

• Review reconciliations and analysis of balance sheet accounts.
• Complete, analyze and ensure the accuracy of various key corporate financial reports within prescribed timelines and according to the specific needs of various stakeholders and various other funding or governing agencies.
• Perform detailed analysis of monthly financial results, document the outcome and provide areas of concern to Program Analysts for in depth review in order to explain or ensure corrective action for all material variances.
• Completion of associated quarterly reports for the hospital.
• Identify and report on other significant financial issues that may have a financial impact on the organization; provide alternatives and recommendations
• Plan and implement special and complex projects
• Works in a manner that is in compliance with staff and patient / client safety practices, policies and procedures of The Royal.
• Ensures a work environment that is conducive to the Royal’s Anti-Racism, Harassment, Discrimination-Free Workplace and work safety policies and practices.
• Demonstrates commitment to health equity, values diversity and contributes to an inclusive working environment.

Qualifications :

• Four year undergraduate degree with a focus in Business Admin, Commerce or a related field
• CPA Designation
• Minimum 5 years’ experience working in an Accoutning department preferably in a health care environment.
• Training or recent experience in project management and process improvement is preferred.
• Excellent financial analysis, problem solving, and forecasting skills and the ability to formulate recommendations.
• Knowledge of hospital reporting, statistical data, workload measurement systems and key performance indicators
• Knowledge of Generally Accepted Accounting Principles (GAAP), Management Information System (MIS) Guideline, and Ontario Healthcare Reporting System
• Ability to manage routine correspondence, multiple tasks / projects, diversified workload and rapidly changing priorities and challenging deadlines.
• Ability to coach, advise and teach others using the principles of adult learning
• Knowledge of relevant legislation and principles of management, hospital committee structure, conflict management and resolution, system needs analysis and organizational assessment
• Excellent computer skills with proficiency in Microsoft Office software, . Word, Excel, Power Point and Outlook
• Demonstrated superior interpersonal and communication skills, both verbal and written.
• Flexible with ability to work under pressure and meet deadlines
• Demonstrated ability to independently identify issues, plan improvements, measure success and continue improvement
• Excellent team work and interpersonal skills
• Ability to be discreet and maintain confidentiality
• Excellent presentation skills
• Strong working knowledge of spreadsheets (Excel)
• Demonstrates initiative to recommend changes
• English level A- is mandatory in oral expression, comprehension, reading and writing. Bilingual (French / English) is considered an asset.

Salary Range : $53.32 to $63.66 per hour