Manager, Financial Reporting & Accounting – University Health Network

Title of the Job: Manager, Financial Reporting & Accounting

Location: Toronto, ON

Job Description: Company DescriptionThe 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, West Park Healthcare Centre 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.Job DescriptionUnion: Non-union
Site: West Park Healthcare Centre – 170 Emmett Ave.
Department: Finance
Reports to: Director, Finance
Hours: 37.5 hours per week
Salary: To commensurate with experience and consistent with UHN compensation policy
Status: Temporary, Full-Time (approximately 1 year)
Closing Date: October 8, 2024Position SummaryReporting to the Director Finance, the Manager Financial Reporting & Accounting is responsible for the oversight of the Centre accounting functions including accounts payable, accounts receivable, and general accounting. The Manager of Financial Reporting & Accounting is responsible for the preparation of monthly internal financial statement reporting, year-end audit preparation, year-end draft audited financial statements and other legislative corporate reporting.Duties

• Accomplish accounting human resource objectives by recruiting, training, assigning, scheduling, coaching, and performance management; communicating job expectations; planning, monitoring, appraising, and reviewing job contributions; and enforcing Centre policies and procedures.
• Maintain and establish financial processes/policies and internal controls to safeguard assets and reputation, for accurate internal financial reporting, and for compliance with legislative requirements including Public Sector Accounting Standards (PSAS), Ontario Hospital Reporting Standards (OHRS)/MIS, and Broader Public Sector directives, etc.
• Take leadership in the ongoing finance-related integration work with UHN, including alignment of internal controls and financial reporting processes and deliverables.
• Ensure all remittances, including HST, charitable returns and other government requirements are current, working in partnership with UHN.
• Lead the Centre’s portion of year-end financial statement audit preparation and year end closing in partnership with UHN’s corporate finance team. Including preparing note support for specific West Park items (e.g. P3’s, restricted assets, etc.)
• Responsible for the timely and accurate completion of monthly, quarterly and yearend internal corporate financial performance reports. Determine distribution of work among accounting staff, monitor performance.
• Oversee the monthly account reconciliations for all balance sheet accounts for timeliness and accuracy.
• Oversee the Centre’s transaction processing and ERP system as well as month-end and year-end closing processes.
• Collaborate with other finance department management (Manager, Financial Planning and Analysis), for the collection and completeness of analysis for Centre internal financial statements, and support overall department goals and objectives.
• Oversee Treasury, banking and account management, as well as monitor cash flow and balance sheet performance with particular emphasis on debt and working capital.
• Update job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizational development opportunities.
• Awareness of conditions and measures that may affect the safety of patients, residents, students, employees, volunteers, physicians and visitors including:
• Compliance with the safety standards of the hospital and applicable legislation
• Identification and prevention of safety issues and problems
• Taking corrective action, where possible
• Attendance at safety meetings/training/updates in accordance with the Centre’s standards
• Monitor compliance and dialogue with staff regarding the prevention and identification of safety policies, standards and issues
• Where applicable, ensure the compliance and awareness of patient safety
• Recommend and implement operational best practice within Accounting system functions and internal financial statement reporting.

Qualifications

• University degree in Business administration, accounting or related field required
• Chartered Professional Accountant (CPA) required
• 5 years related management supervisory experience
• Working knowledge of MOH reporting
• Knowledge and demonstrated experience with Ontario Hospital Reporting Standards (OHRS)
• Ability to facilitate and adapt to change in a fast-paced environment
• Strong team leadership and team development skills
• Ability to manage a multitude of tasks effectively
• Advanced computer skills MS Office (Excel, Word etc), accounting software, business intelligence and other reporting tools
• Excellent communication, organization and interpersonal abilities
• Related experience in healthcare or hospital environment preferred

Additional InformationWhy 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 compensation & benefits (medical, dental, etc.)
• HOOPP defined benefit pension plan
• Wellness services & offerings
• Close access to the TCC and UHN shuttle service
• 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.All applications must be submitted before the posting close date.UHN uses email to communicate with selected candidates. Please ensure you check your email regularly.Please be advised that a Criminal Record Check may be required of the successful candidate. Should it be determined that any information provided by a candidate be misleading, inaccurate or incorrect, UHN reserves the right to discontinue with the consideration of their application.UHN is an equal opportunity employer committed to an inclusive recruitment process and workplace. Requests for accommodation can be made at any stage of the recruitment process. Applicants need to make their requirements known.We thank all applicants for their interest, however, only those selected for further consideration will be contacted.

Company Name: University Health Network

Salary:

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