JOB TITLE: Financial Analyst II
Job Posting #:924095
Union: Non-Union
Site: OPG (700 University)
Department: Finance
Reports to: Director of Finance, Grants and Investments
Hours: 35 hours/week
Wage range or Salary: $58,586 – $73,237
Status: Permanent, Full Time
Closing Date: October 2nd, 2023 9am EST

As one of the world’s leading cancer charities, The PMCF raises funds for Princess Margaret Cancer Centre, one of the top 5 cancer research centres in the world, to deliver future care now.

For more than a decade, The PMCF has been on an aggressive growth trajectory. Setting daring and audacious goals is a mindset that is driven by our culture and passion to perform. We have pioneered many successful fundraising programs, including our world-leading Princess Margaret Home Lottery, and some of the world’s largest cancer fundraising events. The foundation’s vision, which will be your vision, is to Conquer Cancer in Our Lifetime.

The Princess Margaret is a proud member of University Health Network, Canada’s largest research hospital network, which also includes Toronto General Hospital, Toronto Western Hospital, Toronto Rehab Institute and The Michener Institute for Education.

Position Summary

The Financial Analyst, Accounting is a full-time role that will report directly to the Director, Finance.

As an integral member of the Finance Department, the Analyst performs a range of entry level professional and detailed accounting requiring basic knowledge and fundamental applications of accounting theory and principles under the monitoring and guidance of the Director, Finance. Key responsibilities include investment reporting, analyzing financial data related to funds and report to stakeholders; supporting the Foundation’s granting / fund management process; performing analyses on a regular basis for a range of individual accounts, as assigned; accurate closing of month end, quarter end, and year end with a focus on revenue and expense/grant accounts; preparing and analyzing financial and/or statistical schedules, statements and reports for distribution to internal clients; liaising with internal clients to exchange information; working cross-functionally to validate information and deliver value-added financial reporting and analysis; and keeping informed about current and emerging accounting issues and trends, including technological changes.

Duties

• Works closely with the Director, Finance and executes the financial accounting of Foundation investment portfolios and generate ongoing investment reporting across the Foundation’s portfolios and investment pools
• Assists in regular reporting to support key granting / fund management and investment issues and initiatives
• Monitor investment portfolio compliance with PMCF Statement of Investment Policies and Goals and make recommendations to streamline investment related processes and procedures
• Prepare annual investment return allocation based on the endowment payout
• Monitor market trends related to investment return distribution on endowment funds
• Responsible for the timely and accurate completion of annual audit schedules related to grants, investments and funds
• Assist with short term and long term financial and cash flow planning related to Foundation grants and investments
• Provide support in ensuring the integrity, accuracy, and timeliness of the financial statements
• Reviews assigned accounts, financial reports, fund or account statements, statistics and/or bank statements, etc., to reconcile to general ledger
• Performs month end, quarter end, and year end journal entries and ensure entries are booked on a timely basis
• Assist with accounts payable and revenue functions including reconciling revenue variances to our CRM system
• Assist with the monthly bank sundry accounts entries
• Gathers and verifies information from various sources and maintains relevant supporting documentation, as required
• Perform bank reconciliations and other general ledger reconciliations
• Completion of quarterly HST filings and assist with T4A and T3010 filing
• Assist in the annual and interim audit, including completion of supporting schedules, as requested
• Preparing the monthly financial packages for all programs
• Create reports from the accounting system to fulfill the needs of stakeholders
• Performs ad-hoc financial analysis
• Develop or recommend actions to raise standards and improve operational effectiveness and consistency through process, technology and /or people capability development
• Performs cross-functional duties and other duties consistent with the job classification, as required

  Qualifications

  • Bachelor’s degree or equivalent in Accounting, Finance or Business
  • 3+ years of progressive experience in a financial related field
  • Completion of a CPA designation would be an asset
  • Accounting/finance experience in the NFP sector preferred
  • Experience in analyzing, interpreting, and effectively communicating financial data
  • Excellent analytical, problem recognition and creative problem solving skills with a proven ability to take initiative and embrace challenges required
  • Excellent in performing reconciliations (bank, general ledger, revenue)
  • Expert Microsoft Excel skills is a must (pivot tables, lookup functions, manipulating large volumes of data)
  • Experience using Oracle Netsuite financial accounting system
  • Exceptional communication skills; ability to communicate confidently and effectively with all levels of management
  • Ability to translate quantitative data into value-added analysis and recommendations
  • Proven experience building decks and presenting analysis to management

    Why join UHN?

    In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.

    • Competitive offer packages
    • Government organization and a member of the Healthcare of Ontario Pension Plan (HOOPP https://hoopp.com/)
    • Close access to Transit and UHN shuttle service
    • A flexible work environment
    • Opportunities for development and promotions within a large organization
    • Additional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)

      Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.

      Vaccines (COVID and others) are a requirement of the job unless you have an exemption on a medical ground pursuant to the Ontario Human Rights Code.

      UHN is a respectful, caring, and inclusive workplace. We are committed to championing accessibility, diversity and equal opportunity. Requests for accommodation can be made at any stage of the recruitment process. Applicants need to make their requirements known in advance. Any information received related to an accommodation will be addressed confidentially.

      University Health Network thanks all applicants, however, only those selected for an interview will be contacted.

  • About the company

    The University Health Network (UHN), consisting of Princess Margaret Cancer Centre, Toronto General Hospital, Toronto Western Hospital and Toronto Rehabilitation Institute, is a recognized leader in patient care, research and education.

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