Financial Analyst, Physician Compensation
- Vancouver, BC, Canada
Salary Range: $39/hour - as a casual employee, total earnings include an additional 13% in lieu of benefits and paid vacation. · Full-time
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Job details
- Pay
- Salary Range: $39/hour - as a casual employee, total earnings include an additional 13% in lieu of benefits and paid vacation.
- Job type
- Full-time
- Apply by
- Working hours
- 37.5 hours per week
- Posting language
- English
- Posted
Original job description
The Financial Analyst monitors physician compensation activity and funding arrangements, analyzes financial and operational information, identifies trends and variances, and prepares reports to support planning and informed decision-making. The role assists with physician compensation budgets and forecasts, evaluates actual results against budget and funding allocations, and supports the administration and analysis of Medical Services Commission claims and other physician funding sources.
The Financial Analyst develops and maintains financial models, reports, and data resources used to track physician compensation, funding, recoveries, sessions, salaries, and FTE information. The role collaborates with Physician Compensation and Planning, Finance and Business Planning, clinical and operational departments, the University of British Columbia, the Ministry of Health, other health authorities, and external funding partners to resolve discrepancies and support accurate, timely financial information.
What You’ll Do
- Analyzes physician compensation, funding, recoveries, expenditures, and FTE information to support financial planning, forecasting, and decision-making.
- Prepares regular and ad hoc financial reports, forecasts, dashboards, and analyses.
- Develops and maintains financial models and reporting tools to track funding, expenditures, recoveries, salaries, claims, and FTEs.
- Supports physician compensation budgeting and forecasting by gathering and validating data, analyzing historical results, and preparing supporting schedules.
- Reviews actual results against budgets, forecasts, and funding allocations; investigates variances, trends, risks, and data discrepancies.
- Monitors physician funding arrangements and supports analysis of MSC claims, payments, allocations, and recoveries.
- Maintains the accuracy and integrity of physician compensation and funding data used for financial analysis and reporting.
- Prepares periodic analyses of physician sessions, salaries, claims, and FTEs against budget and funding.
- Supports period-end, year-end, and Ministry reporting requirements and responds to financial inquiries from internal and external partners.
- Identifies and supports improvements to financial reporting, forecasting, data management, and funding processes.
What you bring
- A level of education, training, and experience equivalent to a bachelor’s degree in finance, accounting, business administration, economics, or a related discipline, supplemented by a minimum of three years of recent related experience in financial analysis, budgeting, forecasting, reporting, or decision support within a complex, computerized environment.
- Commitment to upholding the shared responsibility of creating lasting and meaningful reconciliation in Canada as per TRC (2015) and BC's Declaration on the Rights of Indigenous Peoples Act (2019)
- As a strong asset for consideration, we are looking for our successful candidate to have: Knowledge of social, economic, political and historical realities impacting indigenous communities and familiarity with Indigenous Cultural Safety and anti-racism and accompanying reports (BC DRIPA, TRC, etc.)
- Demonstrated knowledge of the historic and ongoing impacts of settler colonialism on Indigenous Peoples in social and health contexts, including supported by significant knowledge of Indigenous-specific mandates, including clear understanding of and commitment to eradicate Indigenous-specific racism and discrimination and embed Indigenous Cultural Safety and Humility.
- Demonstrate comprehensive knowledge of the historic and ongoing impacts of settler colonialism and systemic racism on Indigenous Peoples within social and health contexts. This includes understanding how these factors contribute to current health disparities and barriers to care. Show a clear commitment to identifying, challenging, and eradicating Indigenous-specific racism and all forms of discrimination impacting equity-deserving groups within health care settings. This involves familiarity and understanding Indigenous Cultural Safety and Humility recognizing personal biases, institutional barriers, engaging in anti-racism education and training and advocating for systemic change.
- Demonstrated knowledge and understanding of legislative obligations and provincial commitments within the program contexts found in the foundational documents including Truth & Reconciliation Commission’s Calls to Action (2015), In Plain Sight (2020), BC's Declaration on the Rights of Indigenous Peoples Act (2019), United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP), Reclaiming Power and Place Missing and Murdered Indigenous Women & Girls Calls for Justice (2019), the Declaration Act Action Plan and Remembering Keegan: A First Nations Case Study - BC Human Rights Code, BC Anti-racism Act and how they intersect across the health care system.
- Brings an understanding of the Indigenous specific racism and the broader systemic racism that exists in the colonial health care structure, and has demonstrated initiatives in breaking down barriers and ensuring a safe environment ensuring a sense of belonging to all and informed by Indigenous Cultural Safety.
- Awareness of social, economic, political and historical realities of settler colonialism on Indigenous Peoples and familiarity with addressing Indigenous-specific anti-racism, anti-racism and Indigenous Cultural Safety and foundational documents and legislative commitments (the Declaration Act, the Declaration Action Plan, TRC, IPS, Remembering Keegan, etc.).
- Advanced proficiency with spreadsheet and database applications, including the ability to organize, analyze, interpret, and present complex financial and operational data. Experience developing financial models, reports, dashboards, and forecasting tools is preferred.
- Demonstrated knowledge of budgeting, forecasting, variance analysis, financial reporting, data validation, and financial controls. Strong analytical and problem-solving skills, with the ability to identify trends, investigate discrepancies, assess financial impacts, and develop practical recommendations.
- Strong organizational skills and the ability to manage competing priorities, meet recurring deadlines, and work independently with minimal supervision. Demonstrated ability to communicate financial information clearly to financial and non-financial audiences and to collaborate effectively with partners at all levels of the organization.
- Experience in healthcare, physician compensation, public-sector funding, or a similarly complex environment is an asset.
- Demonstrates a commitment to beginning and/or continuing their personal learning journey related to Indigenous-specific racism and dismantling systems of oppression, as well as addressing racism more broadly. Shows willingness to articulate and share their learning experiences to contribute to a culture of motivation and inspiration among peers.
- Demonstrates foundational knowledge of the social, economic, and political realities of settler-colonialism and its impacts on Indigenous peoples and equity-deserving groups within social and health contexts. Understands the impact of social determinants of health-on-health outcomes. Shows a commitment to learning about and upholding legislative obligations and provincial commitments outlined in foundational documents such as the Truth & Reconciliation Commission’s Calls to Action (2015), In Plain Sight (2020), BC's Declaration on the Rights of Indigenous Peoples Act (2019), United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP), Reclaiming Power and Place: Missing and Murdered Indigenous Women & Girls Calls for Justice (2019), the Declaration Act Action Plan, Remembering Keegan: A First Nations Case Study, the BC Human Rights Code, Anti-Racism Data Act, and the Distinctions Based Approach.
Every PHSA employee enables the best possible patient care for our patients and their families. Whether you are providing direct care, conducting research, or making it possible for others to do their work, you impact the lives of British Columbians today and in the future. That’s why we’re focused on your care too – offering health, wellness, development programs to support you – at work and at home.
- Join one of BC’s largest employers with province-wide programs, services and operations – offering vast opportunities for growth, development, and recognition programs that honour the commitment and contribution of all employees.
- Access to professional development opportunities through our 2,000+ in-house courses including a range of experience level, profession-specific, or other essential training on Indigenous Cultural Safety; Indigenous-specific anti-racism; Diversity, Equity, Inclusion and accessibility, mental health and well-being, and more.
- PHSA is a remote work friendly employer, welcoming flexible work options to support our people (eligibility may vary, depending on position).
- Access to WorkPerks, a premium discount program offering a wide range of local and national discounts on electronics, entertainment, dining, travel, wellness, apparel, and more.
Salary Range: $39/hour - as a casual employee, total earnings include an additional 13% in lieu of benefits and paid vacation. The rate for this position would be determined with consideration of the successful candidate’s relevant education and experience, and would be in alignment with the provincial compensation reference plan
Location: Hybrid – Vancouver, BC
Hours of Work: 37.5 hours per week
What We Do
The Provincial Health Services Authority (PHSA) plans, manages and evaluates specialized health services with the BC health authorities to provide equitable and cost-effective health care for people throughout the province. Our values reflect our commitment to excellence and include: Respect people – Be compassionate – Dare to innovate – Create equity – Be courageous.
Learn more about PHSA and our programs: jobs.phsa.ca/programs-and-services
PHSA is committed to anti-racism and equity in our hiring and employment practices. With learning and compassion, we are addressing existing inequities and barriers throughout our systems. PHSA is seeking to create a diverse workforce and to establish an inclusive and culturally safe environment. We invite applications and enquiries from all people, particularly those belonging to the historically, systemically, and/or persistently excluded groups identified under the B.C. Human Rights Code.
One of PHSA’s North Star priorities is to eradicate Indigenous-specific racism, which includes ongoing commitments to Indigenous recruitment and employee experience as well as dismantling barriers to health care employment at every level. We welcome Indigenous individuals to apply and/or contact the Sanya’k̓ula Team (Indigenous Recruitment & Employee Experience) for support at indigenous.employment@phsa.ca.
Indigenous-specific anti-racism initiatives are rooted in addressing the unique forms of discrimination, historical and ongoing injustices, and exclusion faced by Indigenous peoples. These initiatives align with an Indigenous rights-based approach, recognizing the inherent rights and title of BC First Nations and self-determination of all First Nations, Inuit and Métis communities. PHSA is mandated to uphold legislative obligations and provincial commitments found in the foundational documents including the Truth & Reconciliation Commission’s Calls to Action (2015), In Plain Sight (2020), BC's Declaration on the Rights of Indigenous Peoples Act (2019), United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP), Reclaiming Power and Place Missing and Murdered Indigenous Women & Girls Calls for Justice (2019), the Declaration Act Action Plan and Remembering Keegan: A First Nations Case Study.
This position is part of PHSA Talent on Demand – an in-house recruitment service providing talent to PHSA and other health authorities. We manage a robust talent pool of service-minded professionals who are available to start work immediately. Talent on Demand creates a gateway for those who wish to achieve their career goals. Successful candidates will gain significant health care experience and can transition into long-term, permanent roles within PHSA. For more information, visit talentondemand@phsa.ca
More about this job
Responsibilities
Analyzes physician compensation, funding, expenditures, recoveries, claims, salaries, sessions, and FTE data to support budgeting, forecasting, reporting, and decision-making. Develops and maintains financial models and reporting tools, investigates variances and discrepancies, supports funding and period-end reporting, and collaborates with internal and external partners to improve financial processes.
Requirements
Requires a bachelor’s degree in finance, accounting, business administration, economics, or a related discipline, or equivalent education, training, and experience, plus at least three years of recent related experience. Candidates should have advanced spreadsheet and database skills, experience with financial analysis and reporting, and strong communication and organizational abilities; healthcare or public-sector funding experience is an asset.
Skills
- Financial Analysis
- Budgeting
- Forecasting
- Financial Reporting
- Variance Analysis
- Financial Modeling
- Dashboard Development
- Data Validation
- Financial Controls
- Spreadsheet Applications
- Database Applications
- Trend Analysis
- Problem-Solving
- Financial Communication
- Physician Compensation Analysis
- Funding and Recoveries Analysis
Benefits
- Professional Development Opportunities
- Flexible Work Options
- Employee Discounts
- Wellness Programs
- Mental Health and Well-Being Support
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Healthcare
- Government & Public Sector
Keywords
- Physician Compensation
- Financial Analysis
- Budgeting
- Forecasting
- Financial Reporting
- Variance Analysis
- Financial Modeling
- Dashboards
- Medical Services Commission Claims
- Funding Allocations
- Recoveries
- Expenditures
- Salaries
- Sessions
- FTE Data
- Data Validation
- Financial Controls
- Spreadsheet Applications
- Database Applications
- Period-End Reporting
- Year-End Reporting
- Ministry Reporting
- Healthcare
- Public-Sector Funding
- Indigenous Cultural Safety
- Anti-Racism
- Reconciliation
- Social Determinants of Health