• Job Description

  Req#: R107518

  At Ontario Health, we are committed to developing a strong organizational culture that connects and inspires all team members across the province. Our vision is that together, we will be a leader in health and wellness for all. Our mission is to connect the health system to drive improved and equitable health outcomes, experiences and value. How we work together is reflected through our five values: integrity, inspiration, tenacity, humility and care.

  What Ontario Health offers:

  Achieving your career goals is a priority to us. Benefits of working at Ontario Health may include the following based on employment type.

  • Fully paid medical, dental and vision coverage from your first day

  • Health care spending account

  • Premium defined benefit pension plan

  • 3 personal days and 2 float days annually

  • Individual contributors start at 3 weeks’ vacation, and 4 weeks at 2 yrs.

  • Career development opportunities

  • A collaborative values-based team culture

  • Wellness programs

  • A hybrid working model

  • Participation in Communities of Inclusion

  Want to make a difference in your career? Consider this opportunity.

  As an integral member of the Finance team and reporting to the Finance Manager, the Senior Financial Accountant supports specific financial accounting functions for the organization, spanning Banking and Treasury, Payables, Capital Assets, Payroll, Accounting and Reporting for an organization with complexity of $3B+ in expenditure and nearly 3,000 unionized and non-unionized employees. Senior Financial Accountants have responsibility for their area of focus to prepare journal entries, account reconciliations and ad hoc analysis. The Accountant responds to inquiries of internal or external stakeholders and ensures that support is complete and accurate. They are detail oriented, take initiative, identify issues and solutions, and have effective communication skills. They also take the lead in Policy/Procedure documentation, communications and provide leadership in various projects as well as providing mentorship to other staff members.

  Here is what you will be doing:

  • Prepare journal entries in accordance with Canadian Public Sector Accounting Standards and the organization’s policies and procedures, with complete and accurate support.

  • Reconcile accounts, investigate irregularities, and provide recommended solution.

  • Respond to Audit Requests by both preparing analysis and communicating the work performed to internal and/or external auditors.

  • Complete required regulatory and ad hoc reporting.

  • Assist with preparation of financial statements.

  • Identify opportunities to improve tools, procedures, and the internal control framework, and collaborate on solutions.

  • Complete trend analysis where applicable and take the lead on Policy/Procedure/Note to File documentation, tool development, communications and provide leadership on other various projects.

  • Have expert knowledge of Workday functionality in respective area; seek to continually learn new features to enhance effectiveness or efficiency.

  • Collaborate with colleagues, both within Finance and within the broader Ontario Health population on matters related to areas of responsibilities.

  • Provide exemplary customer service to internal and external stakeholders.

  • Provide accounting advice based on knowledge of Generally Accepted Accounting Principles and/or best practices experience or research.

  • Be a mentor to other staff members.

  • Perform other duties within the functional area as assigned.

  • Be attentive and apply professional skepticism to areas of fraud risk and abide by the internal controls designed to prevent and detect fraudulent activity. Report any actual, alleged, or suspected fraud in accordance with procedures, and report any believed gaps in internal controls to management.

  Specific Financial Accounting Focus – Payment and Compliance

  • Lead the disbursement of approximately $4B in annual payments to transfer payment recipients in accordance with fully executed agreements and established payment criteria. Analyze and validate prepared payment files, or by preparing the payment files, and load them into Workday.

  • Use the highest standards and practices to ensure that prepared payments are complete and accurate and are compliant with policies, practices, and Directives.

  • Apply excellent financial and business judgement skills and professional skepticism.

  • Be independent and proactive in identifying issues or discrepancies, recommend solutions and areas of improvement. Research and actively partake in implementation of new Workday functionaries within the area of responsibilities.

  Here is what you will need to be successful:

  Education and Experience

  • Bachelor’s degree in Accounting, Finance, or Business Administration, or related fields

  • Completion or near completion of Chartered Professional Accountant (CPA) designation

  • Strong finance background, with 3 years of experience in accounting, reporting and analysis

  • Knowledge within area of responsibility including legislation, MOH requirements, Public Sector Accounting Standards, OH policies and procedures and auditor requirements

  • Experience in Workday Financials is considered an asset

  • Competent in Microsoft Office, specifically Excel

  Skills and Abilities

  • Detail-oriented with strong analytical skills, accuracy, and organization

  • Demonstrated initiative in identifying opportunities for improvement and making recommendations to management

  • Ability to think critically, set priorities, solve problems and resolve conflicts in a timely and efficient manner

  • Effective communication, interpersonal, and time-management skills

  • High standards of ethics and confidentiality to handle sensitive information

  • Self-starter with a strong sense of personal accountability and ownership in their work

  • Ability to carry out assigned projects to completion with minimal supervision

  • Ability to exercise good judgement, show initiative, and be proactive

  • Demonstrated commitment to client service

  Employment Type: Permanent Full-Time

  Salary Band: 4

  Location: GTA, Ontario (currently hybrid; subject to change). All applicants must be a resident of Ontario to be considered for roles at Ontario Health.

  Internal Application Deadline Date: August 29, 2024

  External Application Deadline Date: August 29, 2024

  Ontario Health encourages applications from candidates who are First Nations, Métis, Inuit, and urban Indigenous; Francophone; Black and racialized; members of 2SLGBTQIA+ communities; trans and nonbinary; and disabled.

  We encourage applicants with accessibility needs to notify us if they have any accommodation needs in the application and/or interview process.

• About the company

Notice