Financial Advisor - Financial Planning & Analysis at Trillium Health Partners

Position: Financial Advisor

Dept: Financial Planning & Analysis

Posting ID: 6007

Status: Full time Permanent

Role Level: Professional Group PG10 - $44.05 to $55.04

Hours of Work/Shift: Monday to Friday, 37.5 hours per week

Posted: January 7, 2025

Internal Deadline: January 14, 2025

Trillium Health Partners is one of Canada’s largest community-based teaching hospitals, serving the growing and diverse populations of Mississauga, West Toronto, and surrounding communities through the Credit Valley Hospital, the Mississauga Hospital, the Queensway Health Centre, the Reactivation care Centre (Church Site) and the new THP-UHN Reactivation Care Centre. Guided by our values of compassion, excellence, and courage, and through our strategic roadmap, Plan to 2030, we are creating a new kind of health care - defined not by illness, but by the health and well-being of people and communities.

Reporting to the Manager of Financial Planning & Analysis, the Financial Advisor will provide and lead financial support for multiple-program portfolios spanning some differing operating and business environments.

This position facilitates the integration and interpretation of financial and clinical information to enable effective, efficient program business management and provides program support to clients by understanding their needs, interpreting/analyzing data, confidently making recommendations and linking financial /operational priorities using informational and people resources, problem solving, knowledge of standards and informative communication. As a proactive business partner, the Financial Advisor works with Senior Management, Program Directors, Managers, Physicians and other enabling team members to understand their operations and business requirements to facilitate the coordination of the annual operating and capital budget, completing forecasts, analyzing variances and their drivers, and helping the development of strategic action plans while also managing external reporting requirements.

The Financial Advisor is also expected to communicate with confidence and present his/her findings and recommendations to various leaders in the organization.

Key Qualifications:

• Completion of a university degree program (B. Commerce, M.B.A. or equivalent) with 3 to 5 years of related progressive experience; Working towards or completion of a professional designation program CPA preferred
• Strong knowledge of accounting standards
• Strong financial planning, analytical, and problem-solving skills
• Experience developing annual budgets and linking into program operating and strategic plans
• Experience analyzing business performance and developing business cases
• Strong communication, interpersonal, and relationship building skills in a complex, multi-stakeholder environment
• Must be able to function independently in a fast-paced environment while managing multiple priorities
• Experience with MOH Reporting, MIS Guidelines, and OCDM preferred
• Strong Excel, Word & Power point experience

Responsibilities:

• Collaborating with VPs, Directors, Managers and other enabling departments on the development of annual operating budgets within funding constraints, identification of program efficiencies and implementation of strategic plan priorities, developing business cases and briefing notes related to projects & funding advocacy
• Educating leaders on business/financial processes and accountabilities
• Engaging and building strong relationships with the programs to fully understand their processes, operations, funding models, and resourcing need
• Provide input into innovative ideas, analysis, direction, and make recommendations on financial and business related risks and opportunities on the deliverables and ensuring alignment of these to the program’s and organization’s strategies
• Perform reviews, summarize concisely, and present operational results to enable the identification and interpretation of significant variances and how these may relate to service volumes and effectively presenting this information in meetings while facilitating the development of action plans to ensure compliance and alignment with program funding
• Assist in month end & year end revenue recognition, accruals and reconciliations, monthly reporting and updating the reporting structures
• Work with various departments to gather information, summarize and track expenses related to specific Ministry or externally funded projects

To pursue this career opportunity, please visit our website: www.trilliumhealthpartners.ca

Trillium Health Partners’ (THP) is an equal opportunity employer who values the importance of antiracism work and is committed to integrating antiracism, diversity, equity and inclusion best practices throughout THP operations, policies and culture. Therefore, we ask that even if you do not see yourself fully reflected in every job requirement listed on this posting, we still encourage you to reach out and apply. Research has shown that candidates from underrepresented groups often only apply when they feel 100% qualified. We encourage all applicants who are members of groups that have been marginalized on any grounds enumerated under the Ontario Human Rights Code based on race, gender identity or expression, sex, sexual orientation, disability, political belief, religion, marital or family status, age, and/or status as a First Nations, Métis or Inuk/Inuit person to consider this opportunity.

In accordance with the Accessibility for Ontarians with Disabilities Act, 2005 and the Ontario Human Rights Code Trillium Health Partners will provide accommodations throughout the recruitment and selection process to applicants with disabilities. If selected to participate in the recruitment and selection process, please inform Human Resources of the nature of any accommodation(s) that you may require in respect of any materials or processes used to ensure your equal participation.

All personal information is collected under the authority of the Freedom of Information and Protection of Privacy Act.

“Our organization may use automated tools, including artificial intelligence (AI) or algorithm-assisted systems, to support the initial review of applications. These tools are used only to assist our recruiters and hiring managers; all hiring decisions include meaningful human involvement and final review.”

Trillium Health Partners is identified under the French Language Services Act.

We thank all those who apply but only those selected for further consideration will be contacted.