Closed listing
Consultant
- Barrie, ON, Canada
Full-time
This opening has closed.
The original listing is kept below for reference.
Job details
- Job type
- Full-time
- Closing date
- Experience
- Minimum of 2 years of financial analysis experience in a healthcare organization
- Posting language
- English
- Posted
Similar jobs hiring now
Search current openingsOriginal job description
Archived listing. The details below describe a past opening.
Job Summary & Requirements
Reporting to the Financial Planning and Analysis (FP&A) Manager, the FP&A Consultant provides financial analysis & planning support to various hospital programs. The position integrates and interprets financial, statistical and clinical information to enable effective, efficient resource management. The FP&A Consultant will work with Directors, Managers and Physicians in developing their annual operating budgets and forecasts, analyzing financial results and variances, supporting month-end activities and meeting internal and external reporting requirements.
Analysis, Budgeting and Forecasting
Education:
Reporting to the Financial Planning and Analysis (FP&A) Manager, the FP&A Consultant provides financial analysis & planning support to various hospital programs. The position integrates and interprets financial, statistical and clinical information to enable effective, efficient resource management. The FP&A Consultant will work with Directors, Managers and Physicians in developing their annual operating budgets and forecasts, analyzing financial results and variances, supporting month-end activities and meeting internal and external reporting requirements.
Analysis, Budgeting and Forecasting
- Analyze financial, statistical and operational results for assigned programs, including budgets, forecasts, business cases and performance trends.
- Prepare and maintain monthly and quarterly forecasts in collaboration with program leadership.
- Analyze actual results against budget, forecast and prior-year results, and provide clear explanations and recommendations.
- Identify significant financial risks, pressures and opportunities and work with program leaders to develop appropriate actions.
- Prepare financial models, business cases and scenario analyses to support program decisions and service-planning initiatives.
- Translate financial and statistical information into meaningful insights for program leadership, Finance and senior management.
- Monitor relevant financial and operational indicators to support program performance and resource management.
- Coordinate the development of annual operating budgets for assigned portfolios.
- Assist Directors and program leaders with budget assumptions, staffing plans, workload projections and consolidation.
- Contribute financial analysis to multi-year planning activities as required.
- Serve as a financial resource and business partner to Directors, Managers and Physician leaders within assigned portfolios.
- Participate in program discussions and meetings as required, providing financial information and advice to support informed decision-making.
- Collaborate with clinical, operational and Finance teams to understand program needs and assess the financial implications of decisions.
- Provide objective advice regarding resource utilization, financial sustainability and operational performance.
- Support month-end and year-end processes, including accrual reviews, account analysis and validation of financial results.
- Prepare regular financial reports and summaries for program and organizational leadership.
- Support audit and financial-reporting requirements as needed.
- Provide guidance to program leaders and staff regarding budgets, forecasts, financial reports, policies, MIS guidelines and Ministry reporting requirements.
- Educate new leaders and staff on relevant financial tools and processes.
- Support financial-literacy activities and the development of training resources as required.
Education:
- Completion of a university degree program (B.Comm, M.B.A. or equivalent) and/or professional designation program (CMA/CGA/CA)
- Minimum 2 years of relevant work experience in a Financial Planning and Analysis (FP&A), healthcare finance or experience in financial planning/Financial data modeling and/or Case Costing
- Knowledge of CIHI-MIS Guidelines
- Experience with financial and reporting systems, preferably Meditech, Cognos, Power BI or similar tools, an asset
- Minimum of 2 years of financial analysis experience in a healthcare organization
- Previous experience creating/work with complex data sets, providing useful information
- Excellent communication and interpersonal skills with all levels of staff
- Sound organizational and planning with the ability to multi-task and meet conflicting deadlines
- Advanced data management & statistical analysis skills
- Commitment to RVH vision, mission and values.
- Advanced proficiency in Microsoft applications is required.
More about this job
Responsibilities
The FP&A Consultant provides financial analysis, budgeting, and forecasting support to hospital programs to enable effective resource management. They act as a business partner to clinical and operational leaders, translating financial data into actionable insights for decision-making.
Requirements
Candidates must hold a university degree (B.Comm, M.B.A.) or a professional designation (CMA/CGA/CA). A minimum of 2 years of relevant experience in healthcare finance or financial planning is required.
Skills
- Financial analysis
- Budgeting
- Forecasting
- Financial modeling
- Data management
- Statistical analysis
- Business partnering
- Reporting
- Resource management
- Microsoft applications
- Power BI
- Cognos
- Meditech
- CIHI-MIS guidelines
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Healthcare
- Consulting
- Data & Analytics
- Management & Leadership
Keywords
- Financial Planning and Analysis
- FP&A
- Healthcare Finance
- Budgeting
- Forecasting
- Financial Modeling
- Business Case
- Scenario Analysis
- Resource Management
- CIHI-MIS Guidelines
- Meditech
- Cognos
- Power BI
- Data Management
- Statistical Analysis
- Financial Reporting
- Accrual Reviews
- Audit Support
- Financial Literacy
- B.Comm
- M.B.A.
- CMA
- CGA
- CA