Financial Analyst

Posted Date 1 week ago(5/11/2022 1:37 PM)
Job ID
2022-5272
Job Location
CA-ON-Markham ON | CA-ON-Markham
# Positions
1
Job Type
Full-Time
Job Industry
Government and Public Sector, Healthcare and Medical Services
Company
Home and Community Support Services Central
Career Level
Experienced
Years of Experience
3

Job Description

As part of a skilled team, the position is responsible in supporting, preparing and analyzing budget, forecast, financial and statistical reports that meet internal and external accounting and reporting requirements.  The incumbent would develop and maintain processes to ensure integrity of the financial accounting and reporting process.

 

Key Accountabilities:

  • Assist in annual budgeting and development of departmental financial targets, quarterly year-end estimate, and monthly performance analysis and projection formulation. Working with Directors, Managers and Senior Financial Analysts, prepare and upload financial and statistical data into the financial information system on a monthly basis; and assist in compiling quarterly MIS compliant trial balance and reports for submission to MOHLTC.
  • Working with Accounts Payable, Billing and Procurement department; maintain and develop statistical and financial models to capture and reflect current trends in resource utilization and their likely 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
  • 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, issue and track receivables for recovery of expenses and other revenue from the Ministry, other HCCSS CENTRAL 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               

SKILLS

  • 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 ethics
  • Solid understanding of MIS compliant reporting standards for MOHLTC
  • Excellent computer skills especially in Microsoft Excel and Word, with good knowledge in Great Plains, Integration Manager and FRx being an asset
  • Exceptionally strong analytical skills
  • Ability to work smoothly with colleagues in the team and other staff in the organization
  • Effective communication skills, both orally and in writing, in interaction with individuals of different levels of education and social background
  • Capable of applying accuracy and mental concentration to details in daily tasks
  • Above-average ability to prioritize for job completion in a demanding deadline-driven working environment
  • Sitting in front of computer monitor for extended period of time
  • Dexterity in operating keyboard, mouse and other computer peripherals
  • Physically fit to lift boxes
  • Strong capability in critically thinking and analyzing financial reports and associated supporting documentation
  • Highly motivated to solve problems proactively and willing to contribute solutions for discussion with the Manager
  • Ability to gather related data at different levels of complexity and conduct a high-quality analysis for tackling contingent issues
  • Understand the importance of applying the concept of cost versus benefit
  • Responsible for verifying the correctness and reasonableness of statistical and financial data to produce useful reports for management
  • Maintain strict confidentiality and exercise sharp judgment in handling confidential information and responding to inquires
  • Alert the Manager for any discrepancy or inconsistency identified in statistical and financial database and reports
  • Inaccurate statistical and financial reports impact negatively on management decision-making thus leading to inefficient and ineffective allocation of resources
  • 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


Home and Community Care Support Services Central is committed to providing support to applicants with disabilities throughout the recruitment and selection process.  Candidates requiring accommodation should advise Human Resources.  Support will be provided in accordance with the applicant's needs and in accordance with the Ontario Human Rights Code and the Accessibilities for Ontarians with Disabilities Act.

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