Financial Analyst (Budget focus)

Do you have Budget Analyst experience and / or Financial Analyst experience with a focus on budget activities and enjoy the challenge of developing, managing comprehensive budgets, and conducting detailed financial forecasting to support strategic planning?

Do you have advanced Excel skills to create complex financial models and perform data analysis? Are you an effective communicator with strong relationship management skills to present financial insights and forecasts to management to support clinical programs?

Are you passionate about exceptional health care and driven by a desire to help others?

If so, take a look at this rewarding career opportunity working alongside a supportive and collaborative team of over 8,000 regulated health care and other professionals.

We are amid a momentous time for health care in Ontario as we move to a more connected health care system through the Ontario Health Teams model of care.

Home and Community Care Support Services Central is looking for a permanent full-time Financial Analyst - with a primary focus related to budget activities.

As part of a skilled team, the position is responsible in developing and managing a comprehensive public health budget, ensuring alignment with strategic goals and compliance with regulatory standards.

Additionally, the position is responsible for supporting, preparing and analyzing financial, accounting and statistical reports that meet internal and external financial and reporting requirements.

The incumbent will conduct detailed financial forecasting to model different scenarios and support strategic planning and to ensure integrity of the financial accounting, budgeting, and reporting process.

What do we offer?

We know wellness is supported with work-life balance. In an inclusive culture committed to support your passion for continuous learning, growth and innovation, we offer :

• Attractive comprehensive compensation packages and benefits
• Valuable development opportunities
• Membership in a world class defined benefit pension plan
• Hybrid work environment

What will you do?

• Develop and manage comprehensive public health budgets, ensuring alignment with strategic goals and compliance with regulatory standards.
• Conduct detailed financial forecasting to model different scenarios and support strategic planning.
• Utilize advanced Excel skills to create complex financial models, perform data analysis, and present financial insights and forecasts to management.
• Working with Directors, Managers and Senior Financial Analysts, prepare and upload financial and statistical data into the financial information system on a monthly basis;

assist in the monthly, quarterly and fiscal year end processes as well as compiling quarterly MIS compliant trial balance data and reports for submission to MOHLTC.

Working with Accounts Payable, Billing and Procurement department; maintain and develop statistical and financial information to capture resource utilization and their financial impacts;

and journalizing month-end accruals as needed

• Reconcile and analyze assigned general ledger accounts monthly
• Support the preparation of balance sheet, income statement, related statistical information and other financial reports for monthly, quarterly and annual financial reporting
• Responsible for verifying the correctness and reasonableness of statistical and financial data to produce useful reports for management.
• Maintain chart of accounts, vendor master list and reporting tools structures to accommodate changes in organizational structure and reporting requirements
• Support the bank reconciliation process; the preparation of cash flow forecast; the identification and reporting of any cash flow issues
• Prepare and maintain the fixed asset schedule
• Prepare, issue and track receivables for recovery of expenses and other revenue from the Ministry, other HCCSS and outside parties;

and reconcile HCCSS and MOHLTC funding

• Set up, update year-end audit files; and support in the preparation of working papers / supporting schedules for annual financial audit
• Document working processes and make recommendations for improvement
• Participate in special projects and Adhoc tasks as assigned.
• Participates in safety and quality information gathering and analysis
• Reviews any information provided to you about the safety and quality of services provided by you and your team
• Understands expectations around the quality and safety framework and participates in safety and quality initiatives
• Alert the Manager for any discrepancy or inconsistency identified in statistical and financial database and reports
• Establish contingency plan to deal with possible data corruption in shared client information system that will paralyze routine job performance
• Able to coach and work with new staff

What must you have?

University degree and actively pursuing a recognized professional accounting designation In-depth knowledge of financial / accounting processes with particular reference to GAAP, PSAB and professional ethicsSolid understanding of MIS compliant reporting standards for MOHLTCExcellent computer skills especially in Microsoft Excel and Word, with good knowledge in Great Plains, Integration Manager and FRx being an assetExceptionally strong analytical skills Ability to work smoothly with colleagues in the team and other staff in the organizationEffective communication skills, both orally and in writing, in interaction with individuals of different levels of education and social backgroundCapable of applying accuracy and mental concentration to details in daily tasksAbove-average ability to prioritize for job completion in a demanding deadline-driven working environmentStrong capability in critically thinking and analyzing financial reports and associated supporting documentationHighly motivated to solve problems proactively and willing to contribute solutions for discussion with the ManagerAbility to gather related data at different levels of complexity and conduct a high-quality analysis for tackling contingent issuesUnderstand the importance of applying the concept of cost versus benefitMaintain strict confidentiality and exercise sharp judgment in handling confidential information and responding to inquiresInaccurate statistical and financial reports impact negatively on management decision-making thus leading to inefficient and ineffective allocation of resources We have a mandatory COVID-19 vaccination policy.

As a condition of employment, all employees are required to submit proof of COVID-19 vaccination status prior to start date.

What would give you the edge?

• Proven expertise in financial analysis and budgeting within the public health sector
• In-depth knowledge of financial / accounting processes with particular reference to GAAP, PSAB and professional ethics
• Solid understanding of MIS compliant reporting standards for MOHLTC
• Strong proficiency in Excel, including the ability to use functions, create pivot tables, and develop macros for financial modeling and analysis,
• Good knowledge in Great Plains, Integration Manager and FRx is an asset
• Excellent analytical skills with a strong focus on accuracy and attention to detail
• Ability to speak French or another second language

Who are we?

We are Home and Community Care Support Services, ready to serve every person in Ontario. We partner with patients and caregivers, primary care providers, hospitals, long-term care and retirement homes, service providers and Ontario Health Teams, to deliver responsive, accessible, integrated, patient-centred care.

If you're interested in driving excellence in care and service delivery , and seeking an unparalleled opportunity to lead and learn, partner and connect, care and be cared for, this is your home.

Equity, Inclusion, Diversity and Anti-Racism Commitment

Home and Community Care Support Services is committed to a culture of equity, inclusion, diversity and anti-racism. We are committed to attracting, engaging and developing a workforce that reflects the diverse communities we serve.

We welcome and encourage applications from all qualified applicants. Accommodations for persons with disabilities required during the recruitment process are available upon request.

We thank all applicants for their interest; however, only those selected for an interview will be contacted.