Senior Financial Analyst, Financial Planning & Analysis - Permanent Full-Time

POSITION SUMMARY

Join our dynamic Financial Planning and Analysis (FP&A) team, where accountability, continuous learning, and innovation in reporting are at the heart of what we do. Our department is driving changes across CHEO and implementing training programs that empower our leaders. We are enhancing transparency and accuracy in financial reporting and ensuring that our business decisions are grounded in reliable data and strategic insight. If you are passionate about making an impact and want to be part of a forward-thinking team that is setting new standards in finance, we want to hear from you!

MAIN RESPONSIBILITIES

• Partner with the Manager, FP&A to coordinate the organization's annual budgeting process through Adaptive Planning, providing guidance and support to departmental leaders to ensure accurate, timely, and strategically aligned budget submissions
• Serve as a trusted financial partner to operational leaders across clinical and non-clinical portfolios, by building strong relationships and supporting budget development, forecasting, financial analysis, variance reporting, and actionable insights throughout the fiscal cycle to support informed decision-making and optimal resource allocation
• Prepare Ministry-required budget submissions, financial reports, and supporting documentation for the Hospital and separately funded programs, ensuring accuracy, completeness, and timely submission
• Support operational leaders, directors, and executives in understanding their financial and statistical results by providing timely, clear and insightful analysis
• Prepare and analyze monthly, quarterly, and annual financial and statistical reports, including budget-to-actual variance analysis, and communicate key findings
• Contribute to the development and continuous improvement of financial processes, controls, and standard operating procedures to enhance efficiency, consistency, and data quality
• Maintain current knowledge of Ontario Healthcare Reporting Standards (OHRS), validate financial and statistical reporting against these standards, and work with the Manager, FP&A to support ongoing hospital compliance
• Support month-end and year-end financial reporting processes through review of general ledger activity and validation of financial results to ensure accurate and reliable financial reporting
• Leverage Adaptive Planning to develop budgets and forecasts, perform financial analysis, and support ongoing financial planning and reporting activities
• Conduct benchmarking analyses against peer hospitals, within Ontario, and analyze sector trends to identify opportunities, support performance improvement, and inform financial decision-making.
• Lead complex financial analysis using large, multi-dimensional datasets, translating data into meaningful insights, forecasts, and recommendations to support planning, performance management, and strategic initiatives
• Support the General Accounting team through the annual financial statement audit and Ministry reporting, as required
• Perform others duties as assigned

QUALIFICATIONS

• Bachelor’s degree in Commerce, Finance, Accounting, or a related discipline (Essential)
• Professional accounting designation (or in pursuit of) (CA, CPA, CMA, CGA, CFA) (Essential)
• Five (5) years of related experience in Financial Analysis and Financial Modeling (Essential)
• Demonstrated sound financial analytical and problem-solving skills (Essential)
• Highly organized with demonstrated initiative and ability to adjust priorities (Essential)
• Communicate effectively and concisely, with individuals with and without financial backgrounds, both orally and in writing, including to senior management (Essential)
• Advanced knowledge of Excel & PowerPoint to support modeling and presentations (Essential)
• Ability to work both independently and in a team-oriented, collaborative environment (Essential)
• Experience within the healthcare industry (Preferred)
• Knowledge of Ontario Hospital Reporting Standards (OHRS) (Preferred)
• Experience with Workday ERP, including Finance-related modules; experience with Workday Adaptive Planning is considered an asset (Preferred)
• Criminal Record Check (Level 1) (Essential)
• Bilingualism (French/English) (Preferred)

CHEO values diversity and is an equal opportunity employer. We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process and welcome interest from all qualified applicants.

Should you require accommodation during any phase in the recruitment process, please contact Human Resources at TalentAcquisition@cheo.on.ca. All information received in relation to accommodation will be kept confidential and will be handled in compliance with the Accessibility for Ontarians with Disabilities Act.