Senior Finance Business Analyst (2 positions)

Job Posting #: 924885

Site: 700 University Ave. - Ontario Power Generation Building

Department: UHN Corporate Finance

Reports to: Business Manager, Procurement & Supply Chain

Hours: 37.5 hours per week

Salary: $81,237 - $101,537 per annum (to commensurate with experience and consistent with UHN compensation policy)

Status: Permanent Full-Time (Flexible hybrid work arrangement)

Posted Date: September 22, 2023

Closing Date: October 13, 2023

The University Health Network, where “above all else the needs of patients come first”, encompasses Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute and the Michener Institute of Education. The breadth of research, the complexity of the cases treated, and the magnitude of its educational enterprise has made UHN a national and international resource for patient care, research and education. With a long tradition of ground-breaking firsts and a purpose of “Transforming lives and communities through excellence in care, discovery and learning”, the University Health Network (UHN), Canada’s largest research teaching hospital, brings together over 16,000 employees, more than 1,200 physicians, 8,000+ students, and many volunteers. UHN is a caring, creative place where amazing people are amazing the world.

Position Summary

As an integral member of the Finance team supporting the Procurement and Supply Chain portfolio, the Senior Finance Business Analyst is responsible for providing financial planning and reporting for the portfolio, as well as performing financial analysis to enhance procurement processes and identify risks and opportunities. They will collaborate closely with Sourcing, Purchasing, Logistics, Decision Support and Clinical partners to drive innovative financial modelling, operational efficiencies and insightful analysis.

Responsibilities:

• Support core financial processes (annual budget, quarterly forecasts, monthly reporting) to build a solid and compelling financial plan that meets the expectations of the program
• Lead month-end process through the preparation of journal entries and reporting of operational metrics
• Support stakeholders with analyzing and evaluating unit/division level financials on a monthly basis
• Provide support to the UHN Procurement and Supply Chain Team through regular meetings with stakeholders to investigate variances while identifying risks and opportunities
• Coordinate monthly program level financial review presentations and attend monthly team/business meetings to discuss performance
• Model and analyze the financial components of contracts, including terms, pricing structures, and payment schedules, to ensure alignment with organizational objectives and financial feasibility.
• Identify opportunities and solutions to optimize, streamline, scale and continuously improve programs and services and develop improvement experiments, data-driven recommendations, and actionable implementation plans.
• Participate in ad-hoc operational and financial projects by providing financial/statistical analysis and strategic insights to facilitate optimal and timely decision making
• Develop strong collaborative relationships with stakeholders and operate with a high level of independence
• Perform cross-functional and/or other duties consistent with the job classification, as assigned or requested.

  Qualifications:

  • University degree in Finance, Business Administration or equivalent program; CPA and MBA is an asset
  • Minimum three (3) to five (5) years related experience in a financial environment analyzing and interpreting complex financial/business data
  • Experience in a healthcare environment is preferred
  • Demonstrated ability to organize, control and coordinate a variety of activities in a fast-paced environment with multiple competing priorities
  • Experience in development of business cases, including conducting environmental scans, risk assessments, developing mitigation strategies, performance measures, identifying trends, and developing recommendations.
  • Ability to synthesize and present complex data, explaining key elements, drawing insight, and making recommendations to stakeholders
  • Excellent verbal, written, presentation and interpersonal communication skills
  • Advanced proficiency with Microsoft Office products (Word, Excel, PowerPoint)
  • Experience with SAP S/4HANA and Ariba are assets
  • Adheres to confidentiality policy for sensitive financial and clinical data and information
  • Highly motivated team player willing to mentor less experienced colleagues

    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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