Business & Financial Lead

KEY FUNCTION:

Provide financial management, business planning and decision-support services to the Central Intake and eReferral programs, while providing strategic business support to managers responsible for marketed services. Lead the development and implementation of organizational standards and frameworks for marketed services to promote consistent, sustainable and financially sound service delivery across HSN.

REPORTING:

Under the general direction of the Director, Central Intake and eReferral.

DUTIES:

1. Consult with organizational leaders and lead the development, implementation and ongoing refinement of organizational standards, frameworks and methodologies for marketed services (e.g., principles and requirements related to service costing, pricing, cost recovery, business case development, service agreements, financial reporting and performance monitoring).
2. Respond to requests on issues that may have a financial impact on the program and provide analysis, alternatives and recommendations.
3. Collaborate with Finance and leaders across HSN to establish and promote a consistent organizational approach to marketed services, including the identification and allocation of direct and indirect costs and the development of sustainable and transparent cost-recovery models.
4. Complete, analyze and ensure the accuracy of various key corporate financial reports within prescribed timelines and according to the specific needs of various stakeholders and various other funding or governing agencies.
5. Act as a consultant in the development of business plans when new services are being planned and provide advice and make recommendations where appropriate.
6. Provide technical and professional expertise to management during the budget process; including reviewing related corporate budget strategies, analyze budget submissions, and provide recommendations for revisions.
7. Provide financial management and decision-support services to the Central Intake and eReferral programs (e.g., budgeting, forecasting, revenue and expenditure analysis, variance analysis, funding requirements and long-term financial planning).
8. Support Central Intake and eReferral leadership in monitoring financial performance, identifying emerging financial pressures, risks and opportunities, and developing recommendations to support program sustainability and effective resource utilization.
9. Work closely with Central Intake and eReferral to understand service requirements, assess financial impacts and develop sustainable approaches for shared IT and digital health services.
10. Partner with leaders to identify and assess opportunities to expand existing marketed services or develop new service offerings for hospitals, health-sector organizations and other partners.
11. Build and maintain relationships with internal and external partners (i.e., HSN leadership, Finance, program management, Ontario Health, participating hospitals, vendors and regional partners.)
12. Develop and/or support proposals, statements of work, business cases, financial models and recommendations in collaboration with clinical, operational, technical and financial teams to support organizational and regional business decisions.
13. Prepare regular financial, business and performance reports for program Directors and other organizational leaders, highlight financial performance, progress against objectives, emerging risks, barriers and recommendations.
14. Determine and align improvement projects with HSN’s Strategic Plan; monitor and adjust to achieve goal outcomes.
15. Collaborate with internal and external stakeholders/organizations/community groups to achieve program objectives, integrate and link services and foster partnerships across the continuum of service delivery.
16. Contribute to learner development by providing academic support, mentorship, preceptorship and supervision as required.
17. Participate in education and training specific to current, relevant federal and provincial health and safety legislation, standards and guidelines.
18. Educate and promote health, safety and wellness in the work place.
19. Represent the department or program on various committees and in meetings as required.
20. Perform other duties as required.

QUALIFICATIONS

EDUCATION AND TRAINING:

1. Minimum of a four (4) year Bachelor’s Degree in Commerce, Business Administration or Health Administration, Finance or a related discipline from an accredited university.
2. A Chartered Professional Accountant (CPA) designation is required.
3. Registration in good standing with the Chartered Professional Accountants of Ontario.
4. Successful completion of a Change Management Certification program is preferred.
5. Ministry of Labour “Worker Health and Safety Awareness in 4 Steps” training certificate is required.

EXPERIENCE:

1. Minimum of five (5) years of progressive experience in financial management, business analysis, business development, service costing and/or business planning, preferably within a healthcare or other complex public-sector environment.
2. Minimum of five (5) years experience developing/implementing business processes, organizational standards, and frameworks across multiple programs or departments.
3. Experience supporting the financial management of funded programs, including expenditure monitoring, forecasting and financial reporting is required.
4. Experience working with marketed, shared or regional service models within healthcare is preferred.

KNOWLEDGE/SKILLS/ABILITIES:

1. Demonstrated knowledge of financial management principles (e.g., budgeting, forecasting, financial analysis, service costing, pricing and cost recovery).
2. Demonstrated knowledge of Ontario Health funding models and transfer payment agreements.
3. Demonstrated ability to develop business cases, financial models and decision-ready recommendations that support sustainable service delivery.
4. Demonstrated ability to develop and implement organizational standards, frameworks, tools and processes across multiple programs or departments.
5. Demonstrated ability to analyze complex financial and operational information, identify risks and opportunities, and provide sound recommendations to leadership.
6. Demonstrated superior technical, analytical, and problem-solving skills, with the ability to formulate recommendations.
7. Demonstrated ability to influence, facilitate and achieve alignment across programs in a complex, matrixed environment.
8. Demonstrated knowledge/application of change management principles.
9. Demonstrated excellent presentation and facilitation skills.
10. Demonstrated proficiency with relevant financial, business and healthcare information systems.
11. Demonstrated training, experience or utilization of quality improvement methodology for process improvement.
12. Demonstrated ability to independently identify issues, plan improvements, measure success and continue improvement.
13. Demonstrated excellent computer skills with proficiency in Microsoft Office software (e.g. Word, Excel, Power Point and Outlook) and patient information systems.
14. Demonstrated superior interpersonal and communication skills, both written and verbal.
15. Demonstrated strong organizational skills with the ability to prioritize workload.
16. Demonstrated discretion and maturity when handling confidential information.
17. Demonstrated commitment to the safety of co-workers and patients.

PERSONAL SUITABILITY:

1. Successful Criminal Record and Judicial Matters Check (CRJMC) is required.
2. Demonstrated willingness to support the strategic and operational goals of IT and HSN.
3. Demonstrated ability to work collaboratively and build relationships across diverse clinical, operational and corporate areas.
4. Demonstrated ability to work independently and within multidisciplinary and cross-functional teams.
5. Demonstrated commitment to ongoing professional development.
6. Demonstrated professionalism in dealing with confidential and sensitive issues.
7. Demonstrated positive work record and excellent attendance record.
8. Ability to meet the physical and sensory demands of the job.
9. Valid driver’s license with access to reliable vehicle and willingness to travel across North Eastern Ontario.
10. Ability to travel between local sites.

Selection Process: Candidates will be selected for this position on the basis of their skill, ability, experience and qualifications as identified in the resume and completed Application Form submitted. The Hospital reserves the right to conduct a formal interview where required. This posting is for an existing vacancy.

Health Sciences North is committed to providing accommodations to applicants with disabilities to enable their participation in the recruitment, assessment, selection and hiring stages of employment.

HSN THANKS ALL APPLICANTS.
ONLY THOSE SELECTED FOR INTERVIEWS WILL BE CONTACTED.
WE WILL NOT ACCEPT APPLICATIONS AFTER THE CLOSING DATE AND TIME.