North Bay Regional Health Centre
Nov 21, 2019Full time
One (1) Permanent Full-Time Chief Financial Officer (CFO) Corporate Services The North Bay Regional Health Centre is seeking a Chief Financial Officer (CFO). Reporting to the VP of Corporate Services this highly developed and innovative critical thinker, the CFO will lead the financial services team as a cohesive, responsive and supportive corporate service. This individual will be an influential leader who drives operational efficiency, as well as provides financial strategy leadership and implement leading practices in fiscal accountability in a complex, multi-stakeholder environment. The CFO is responsible for financial planning and analysis, financial modeling, financial strategy, organizational performance reporting and multi-year operational and capital budgeting. This key leadership position provides a proactive and collaborative approach to financial guidance and advice to the Board of Directors, President and CEO and other members of senior leadership and management teams. The CFO plays a key role in developing and implementing the hospital's approach to funding reform which includes bundled care pricing, future OHT partnership pricing and/or funding strategies, and anticipated changes to the hospital base and performance funding formulas. Functions reporting to the CFO include performance and operations analysis, treasury and general accounting, accounts payable and accounts receivable, procurement, contract management and in the near future, case costing. The CFO is accountable and shares responsibility with other NBRHC executives to assure the provision of safe, quality and cost effective healthcare for our patients and community in alignment with the organization’s mission, vision and values. Further responsibilities of this position will include, but are not limited to: Leading annual and multi-year operating and capital budgeting processes while providing practical strategic advice supporting 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. 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. Liaising with external service providers such as Plenary Health, BGIS, JCI, MEDITECH, audit firms and bankers. Monitoring compliance and producing all required attestations and similar compliance declarations. Leading the hospital's planning and execution of work related to internal and external audits. Supporting the hospital's journey to greater analytics maturity and achievement of its goal to set the standard in using analytics to maximize quality outcomes and efficiency. Regularly presenting to hospital senior leadership and Board Committees on matters related to the financial health of the hospital. Directing and monitoring policies and procedures related to financial management within the hospital. Continue to advance a financial strategy that effectively positions the team as strategic business partners across the Hospital and Health Care System. Identify opportunities to position the Hospital for future success in Ontario’s evolving landscape of health care funding and service delivery models. Provide strategic and operational leadership regarding financial opportunities and challenges, projected growth and government funding changes, investment and business planning, and risk management initiatives. Continue to build internal and external leadership within a multi-stakeholder environment. Qualifications: The ideal candidate will be a Chartered Professional Accountant (CPA/CMA, CA or CGA) and will hold a Bachelor’s Degree in business, accounting or a health leadership related program. An MBA is preferred. Five to seven years’ experience in progressive leadership roles in related fields (finance and accounting), in complex multi-stakeholder environment(s). Experience in health care and/or public sector/not-for-profit is 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 across interdisciplinary teams. Excellent decision making skills with the ability to form and defend independent judgment with the ability to influence others and outcomes. Proven experience achieving results that improve the organization and inspire confidence and commitment. Excellent organizational and time management skills with the ability to effectively handle a large number of issues simultaneously. Ability to prioritize tasks and work efficiently and accurately under stressful conditions to meet tight deadlines Must be change orientated and possess an attitude of continuous improvement. Ability to gain cooperation and support through effective use of influence and persuasion required as an agent of change. Broad knowledge of health care system design, related issues and trends, policies and up to date knowledge of current legislations; Coach, mentor and develop leaders within the financial services team. Excellent computer skills with superior knowledge of Excel, Access, PowerPoint. Criminal Reference Check including the Vulnerable Sector Check: recent within three (3) months is a requirement For an opportunity to be part of our exciting future, please submit your resume and covering letter quoting NU C-19-054 no later than Friday, December 13, 2019 at 1200 Hours to : Email: email@example.com Human Resources 50 College Drive P.O. Box 2500 North Bay, ON P1B 5A4 Fax: (705) 495-7977 We are an equal opportunity employer. We thank all applicants for their interest. An acknowledgement will be sent only to those candidates who will be interviewed.