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POSITION (Title):
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Full Time Senior Financial
Lead Analyst
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DEPARTMENT/SERVICE AREA:
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Finance
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SITE:
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Coprorate
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REPORTS TO (Title):
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Senior Director
Financial & Statistical Services
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FTE:
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1.0
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Position Summary
The Senior Financial
Lead Analyst provides senior financial support and advice to the Director,
Financial and Statistical Services, and the Finance department.
The position
supports organizational financial planning, budgeting, forecasting, financial
performance analysis, capital planning, and financial reporting activities. The
role provides financial insight, identifies emerging risks and opportunities,
and supports leadership decision-making through the preparation and
interpretation of timely and accurate financial information.
Working
collaboratively with Finance, Supply Chain, and operational leaders, the Senior
Financial Lead Analyst strengthens financial accountability, supports resource
planning, and contributes to the ongoing development and improvement of
financial processes and practices across Riverside Health Care.
Qualifications Required:
• Minimum of 3-year
Finance Diploma/Degree from a recognized College/University or currently
enrolled in the CPA (CA, CMA, CGA) program at an equivalent level or working
toward a certification
• Minimum of 5 years related and progressive finance experience, including
experience in financial analysis, budgeting, forecasting, reporting, or
financial planning
• Demonstrated ability to analyze complex financial information, identify
trends, and provide recommendations to support decision-making
• Experience supporting senior leadership with financial analysis, reporting,
and planning activities would be an asset
• Experience in health care, public sector, or not-for-profit organizations
would be an asset
The Senior Financial
Lead Analyst is required to:
• Work independently
and demonstrate sound professional judgment
• Be dependable, versatile, highly motivated, competent, and cooperative
• Demonstrate initiative, leadership, and the ability to manage competing
priorities
• Possess strong analytical, communication, and interpersonal skills
• Maintain a high level of organization and attention to detail
• Demonstrate the ability to interpret financial information and communicate
findings effectively
• Maintain a high degree of confidentiality, integrity, and accountability
• Demonstrate the ability to build effective working relationships across the
organization
• Be physically capable of performing the essential duties of the job
Core Responsibilities:
• Act as a key
financial resource to the Director, Financial and Statistical Services by
providing financial analysis, recommendations, and decision support.
• Support the
development, coordination, and monitoring of organizational operating and
capital budgets.
• Lead financial
planning activities including budget preparation, forecasting, financial
modelling, and variance analysis.
• Analyze financial
performance, identify trends, risks, opportunities, and emerging financial
pressures, and provide recommendations to leadership.
• Prepare financial
reports, summaries, and briefing materials to support leadership, Board,
committee, Ministry, and funding reporting requirements.
• Provide financial
insight related to operational priorities, resource allocation, sustainability,
and service delivery decisions.
• Support the
Director in advancing financial accountability, process improvements, and
effective financial management practices.
• Coordinate with
Finance team members to support timely completion of financial reporting,
planning activities, and organizational priorities.
Specific Duties:
Financial Planning, Analysis & Reporting
• Coordinate and
support the annual operating budget process, including preparation, analysis,
consolidation, and ongoing monitoring.
• Develop and
maintain forecasting tools and financial models to support financial planning
and decision-making.
• Perform monthly
analysis of financial results, including identification of significant
variances, trends, and financial pressures.
• Prepare financial
commentary and recommendations to support leadership review of financial
performance.
• Support
preparation of Board reports, leadership reports, Ministry submissions, funding
reports, and other financial reporting requirements.
• Assist with
year-end financial processes, audit requirements, and preparation of supporting
documentation.
• Provide financial
analysis related to operational efficiency, effectiveness, and sustainability
opportunities.
Capital Planning & Funding Analysis
• Provide financial
oversight and monitoring of capital projects including approved budgets,
expenditures, commitments, forecasts, and funding requirements.
• Track capital
project financial performance and provide reporting on project status, funding
utilization, and emerging pressures.
• Monitor alignment
of capital expenditures with approved funding sources and organizational
priorities.
• Identify potential
funding gaps, timing issues, and financial risks related to capital
initiatives.
• Prepare financial
analysis and information to support leadership decision-making related to
capital investments.
Expenditure & Operational Financial Analysis
• Analyze operating
expenditure trends, spending patterns, and financial impacts to support
effective resource management.
• Provide financial
analysis related to procurement activity, operating costs, and budget
performance.
• Collaborate with
Supply Chain and operational leaders to improve financial visibility and
accountability.
• Identify
opportunities for improved financial stewardship, efficiencies, and cost
management.
Finance Process & Organizational Support
• Assist with the
review, development, and enhancement of financial processes, controls,
policies, and procedures.
• Support continuous
improvement initiatives within Finance to improve efficiency, accuracy, and
accountability.
• Assist with
financial system improvements and reporting requirements from a financial
perspective.
• Maintain strong
working knowledge of financial systems and reporting tools, including ORMED,
Microsoft Excel, Word, and other applicable systems.
General Responsibilities:
• Carry out all work
assignments in accordance with applicable legislation, regulatory requirements,
professional standards, funding requirements, and organizational policies,
including requirements related to privacy, health care delivery, quality improvement,
and financial accountability.
• Maintain awareness
of and comply with applicable legislative and regulatory requirements relevant
to Riverside Health Care operations, including those governing health care and
long-term care services.
• Participate in the
Department’s Quality Management Program and continuous improvement initiatives.
• Maintain
confidentiality, accuracy, and integrity of financial information.
• Collaborate
effectively across Finance, Supply Chain, and Operations.
• Provide
professional and effective service to internal and external stakeholders.
• Complete all
employment tasks in a timely, accurate, and professional manner.
• Perform other
duties not specifically mentioned in the policies, procedures, or job
descriptions or that may, from time to time, be assigned.
Conditions of Employment:
• Human Resource
Policies
• Corporate Policies
• Department Policies