Director, Finance

  • Grand River Hospital
  • Oct 03, 2019
Full time Director

Job Description

JOB SUMMARY:           

Reporting to the VP Corporate Services & CFO, the Director, Finance is responsible for financial planning and analysis, financial modeling, financial strategy, organizational performance reporting and capital budgeting. Functions reporting to the Director include Financial Planning and Analysis, Case Costing, Financial Accounting and Reporting, including treasury management, general accounting, property insurance, contract management, accounts payable and accounts receivable, Patient Accounts, Capital Budgeting and Payroll.   The role requires a strong collaborative leader who can cultivate partnerships within and beyond Grand River Hospital to enable improvement in health service delivery. The Director plays a key role in the hospital’s approach to funding reform, long range financial planning in addition to financial aspects of the development of an integrated system of care in the Kitchener-Waterloo Region.

Responsibilities Include:

  • Leading annual and multi-year operating and capital budgeting processes while providing practical strategic advice that supports the hospital in achieving its financial goals and objectives
  • Leading detailed monthly, quarterly and annual reporting, monitoring and forecasting of the hospital’s financial position. This includes developing and implementing appropriate analytical tools for reviewing financial and statistical information to enable effective decision making.
  • Supporting Compliance Filings and Reporting for the KW Pension Plan
  • Contributing financial expertise and analysis in support of innovative approaches to health system and health funding reform, models of care, procurement and analytics
  • A focus on quality improvement through ongoing monitoring and implementation of initiatives and remedies to provide high quality financial services to all stakeholders
  • Working with government and agencies including the Ministry of Health and FSRA
  • Liaising with external service providers such as Cerner, INFOR, audit firms and bankers
  • Monitoring compliance and producing all required attestations and similar compliance declarations
  • Working with the GRH Foundation to identify resources and opportunities support of the operating and capital budget
  • Supporting the growth and development of financial literacy and acumen within GRH
  • Supporting the hospital’s planning and execution of work related to internal and external audits
  • Supporting the hospital’s journey to improve performance based decision making with a clear focus on efficiency and service improvement through the provision of information
  • Regularly presenting to hospital senior leadership and on matters related to the financial health of the hospital
  • Directing and monitoring policies and procedures related to financial management

QUALIFICATIONS:           

  • University Degree and professional accounting designation required (CPA or equivalent)
  • Minimum 5 years financial leadership at the management level
  • Previous related management and/or leadership experience within a healthcare setting would be an asset
  • Strong business acumen with solid experience in business management, financial planning, performance measurement and budgeting functions
  • Excellent analytical, problem-solving and decision-making skills with the ability to identify trends, establish benchmarks, as well as provide credible analysis and business recommendations
  • High emotional intelligence with excellent verbal and written communication skills, including the ability to articulate complex financial issues to a broad audience
  • Ability to work and thrive in a changing environment while experiencing financial constraints
  • Evidence of a collaborative leadership style with effective team building skills
  • Excellent decision making skills with the ability to form and defend independent judgment with the ability to influence others and outcomes
  • Excellent organizational and time management skills with the ability to effectively handle a large number of issues simultaneously
  • Ability to work effectively and efficiently under pressure/stressful conditions
  • Must be change orientated and possess an attitude of continuous improvement

APPLICATIONS WILL BE ACCEPTED UNTIL 10:00 A.M. ON October 23, 2019

Grand River Hospital strives to create a respectful, accessible and inclusive work environment.  Upon individual request, hiring processes will be modified to remove barriers to accommodate those with disabilities. Should any applicant require accommodation through the application, interview or selection processes, please contact Human Resources or your Recruitment Specialist for assistance.

Job Category

Director

City

Kitchener, ON