Financial Analyst, Finance, Full Time

Midland, ON

Your key responsibilities will include, but are not limited to: 

• Design, implement, and oversee financial planning and reporting cycles, ensuring compliance with Ministry of Health Reporting Standards through the establishment of robust financial controls, audits, reporting formats, and budgets. 

• Serve as the primary lead for reconciliations, variance explanations, cash flow management, and promptly notify the Manager of any identified discrepancies or issues.  

• Manage monthly general ledger maintenance and reconciliation activities to ensure accuracy and adherence to financial reporting requirements. Lead the preparation and posting of journal entries for month-end and year-end close processes, ensuring completeness, timeliness, and compliance with GAAP and internal audit standards. 

• Prepare and review monthly financial packages, schedules, and reconciliations of major balance sheet accounts, providing variance analysis and commentary for management review. 

• Monitor performance metrics to proactively identify risks and opportunities, providing insightful analysis to support strategic decision-making.  

• Assist in the preparation of financial statements, operating budgets, forecasts, and cash flow projections by gathering and analyzing program statistics and financial trends. 

• Develop and maintain statistical and financial models to capture current resource utilization trends and their potential impacts, including journalizing month-end activities. 

• Contribute to the development and maintenance of audit working papers, respond to auditor requests, and ensure compliance with Ministry and GAAP reporting requirements. 

• Validate payroll and accounts payable allocations for accuracy and completeness, ensuring consistency with budget and reporting requirements.  

• Assist in the design, documentation, and maintenance of effective internal controls over financial reporting, supporting audit readiness and process improvement. 

• Collaborate with management to validate financial information and provide contextual insights to facilitate a clear understanding of financial results. Build and maintain positive working relationships with internal departments and external partners to support timely and accurate reporting. 

• Conduct financial analysis related to ongoing operations and support ad hoc reporting and special projects as assigned by senior leadership. 

• Ensure completeness and accuracy of financial data in compliance with hospital policies, accounting standards, and regulatory requirements. 

• Contribute to a safe and respectful workplace by acting in alignment with GBGH’s values and Code of Conduct. 

• Perform other related duties as assigned. 

• • Post-secondary education in Accounting, Finance, Business Administration, or a related field. 
  • At least 5 years of progressive experience in financial planning, analysis, and reporting, preferably within a healthcare or not-for-profit environment.  
  • Professional Accounting Designation (CA, CMA, CGA, CPA) preferred. 
  • Strong understanding of Canadian Accounting Standards for Not-for-Profit Organizations (ASNPO) and/or Public Sector Accounting Standards (PSAS). 
  • Knowledge of Ministry of Health funding models, MIS/OHRS standards, and hospital reporting requirements. 
  • Demonstrated ability to interpret and analyze complex financial data from multiple sources (financial, statistical, and Ministry datasets) to support decision-making. 
  • Proven experience developing budgets, forecasts, variance analysis, and financial models to inform strategic and operational planning. 
  • Strong analytical and problem-solving skills with exceptional attention to detail and accuracy. 
  • Effective communicator with the ability to clearly present financial insights to leaders and stakeholders, influencing decisions through data-driven recommendations. 
  • Demonstrated collaboration skills with internal departments, external partners, and multi-disciplinary teams to achieve shared goals. 
  • Highly organized, able to manage multiple priorities and meet tight deadlines in a fast-paced environment. 
  • Proficiency in Microsoft Excel, Word, and PowerPoint, with comfort learning and using financial systems and reporting software. 
  • Demonstrated alignment with the values and mission of GBGH, showing dedication to cultivating a culture of excellence, accountability, and continuous improvement.

• •  Hourly rate of pay $50.69 to $55.90  
  • plus a generous vacation allotment 
  • Personal Spending Account of $500 annually. 
  • There will be a comprehensive and competitive benefit plan, including but not limited to extended health and dental coverage, life, paid sick days, short -term disability income protection plans. 
  • Healthcare of Ontario Pension Plan (HOOPP), one of Canada’s largest defined benefit pension plans. 
  • Education Fund Opportunities, Career Development and Education Sessions. 
  • The successful applicant will be compensated for their time in the interview process (up to 1 hour). 

THE HOSPITAL
Discover a rewarding career at GBGH, a dynamic 113-bed facility nestled in the heart of Midland, Ontario. Our dedicated team serves a diverse catchment area, including Midland, Penetanguishene, Township of Tiny, Township of Tay, Christian Island, Georgian Bay Township, and Springwater Township. With a population base of 55,000, surging to over 150,000 during the peak season, GBGH stands as a healthcare cornerstone for our vibrant community.

With an annual budget of approximately $80 million, a robust staff of 800 professionals, and a network of over 100 active professional staff alongside 70 regional affiliates and consulting physicians, GBGH is a vital healthcare hub. Our services span acute care, rehabilitation, complex continuing care, and Level 3 intensive care unit, with exciting plans on the horizon. We are in the early stages of expanding our capabilities, including a 2,500 sq ft expansion to our diagnostic imaging department to add MRI services for our community, a 50,000 sq ft expansion off our emergency department to offer 24 inpatient mental health beds and planning for a new state-of-the-art hospital facility. Explore the latest developments and initiatives at GBGH by visiting our website: gbgh.on.ca.

HOW TO APPLY
If you're ready to embark on a remarkable career journey with GBGH, apply now. Join us in making excellent care personal and be part of a team that is shaping the future of healthcare in our community. 

We thank all applicants for their interest in this opportunity, but please note that only those candidates selected for an interview will be contacted. Selection will be based on the skill, ability, experience, and qualifications. The Hospital reserves the right to conduct a formal interview or other applicable testing where required.

GBGH is committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act (‘AODA’). If you require accommodation for disability during any stage of the recruitment process, please advise the Human Resources Department. We encourage all qualified individuals to apply including visible minorities, Indigenous peoples, persons with disabilities, LGBTQ2s+ persons, and anyone else who will contribute to a diverse workplace.