Senior Business Analyst, Finance

About the role

Senior Business Analyst is part of a team of accounting professionals providing financial and statistical/utilization information, analysis and strategic problem solving to departments/programs throughout the hospital. The successful candidate will have strong accounting and analysis experience, working collaboratively within the Finance department, delivering consistent, accurate, and timely information while providing excellent customer service to all internal and external stakeholders. What you'll be doing: Liaise with all relevant stakeholders to ensure timely, accurate financial and statistical reporting and adherence to monthly/quarterly and year-end timetables Perform analyses of financial and statistical data relative to the budget and prepare reports and/or commentary highlighting findings Assist with process re-engineering, designing and implementing internal controls Develop customized reports and visually impactful presentations for various stakeholders, including monthly financial results presentations, reports on key performance indicators, etc. Apply Generally Accepted Accounting Principles (GAAP)/Public Sector Accounting Standards and Management of Information Systems (MIS) standards/OHRS to recommend appropriate accounting entries for the accurate recording of monthly financial results Conduct short-term and long-term financial and operations planning and modelling Lead the communication to articulate complex financial issues to a broad audience and fulfill ad hoc requests made by stakeholders, and provide support in the interpretation and understanding of financial information Provide financial support to assigned programs /departments as the Finance Business Partner Regular monthly analysis of budget, utilization variances (e.g. financial results to the Board of Directors) Influence the Portfolio management to determine priorities for new programs, ventures, projects and investments Optimize revenue streams and enable growth while ensuring appropriate financial management and controls Establish Portfolio finance goals and objectives, developing short and long-term plans, while monitoring and evaluating the progress in achieving these plans Investigate variances to facilitate the attainment of a clear understanding of business activities and develop trend analysis to support conclusions, including benchmarking analysis Assist and educate Directors/Managers in understanding financial reports/ concepts Strategic problem solving for both clinical and non-clinical programs throughout the organization Work with programs to develop annual operating plans and budgets (including identification of opportunities to improve financial performance and efficiencies) Be highly involved during annual capital budget processes to ensure comprehensive integration of both operating and capital impact in budgets Provide lead role during quarterly forecasting process to capture any emerging trends, cost saving strategies to project budget surplus/ deficit, provide management with analytical trending data and develop an effective method of tracking identify initiatives Prepare and submit key Ministry financial and statistical documents related to any specific programs Coordinate, plan and submit timely Ministry of Health and Long Term Care reports such as HAPs, CAPs, SRI and other ad-hoc Ministry and OH submissions What you bring: University degree in accounting, economics, business administration or equivalent Professional accounting designation (CPA, CA, CMA, CGA) Minimum 5 years financial/clinical analysis experience, including accounting, reporting, budgeting, variance analysis and business case development (healthcare preferred) Self-directed, action-oriented and highly motivated, an adept team player Knowledge and experience of Health System Funding Reform (HSFR), such as Health-Based Allocation Model (HBAM)I, Quality-Based Procedures (QBP) and Patient-Based Funding Experience of Ministry of Health reporting and Post Construction Operating Plans (PCOP) or demonstrated knowledge and experience in a relatable industry/environment Proven ability to interpret, summarize and communicate complex financia

Benefits

Additional Information

Job Category: Professional Hospital Location: Newmarket ON Job Type: Permanent, Full time Number of Positions: 1 Minimum - Maximum Hourly Rate: $57.51 - $68.36 Why Join Our Team? A people-first workplace environment that prioritizes belonging, wellness, and psychological safety. Hybrid, virtual, and in-person working environment (where applicable). Progressive health and dental benefit plans. HOOPP pension plan with employer and employee premium sharing. Enhanced wellness initiatives, including virtual fitness classes and on-site gym memberships. If you are ready to embrace this exciting challenge and contribute to the success of Southlake Health, we encourage you to apply and be part of our dedicated team, making a difference in the lives of our employees and the community we serve!

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