Vice President, Finance and Chief Financial Officer - SickKids

  • Promeus
  • Sep 14, 2022
Full time Vice President

Job Description

Vice President, Finance and Chief Financial Officer

This is an exceptional opportunity to join the largest Paediatric Academic Health Sciences Centre in Canada and one of the top Paediatric Health Care Centres in the World. The Hospital for Sick Children (SickKids), affiliated with the University of Toronto, is a global innovator in child health. As Canada's most research-intensive hospital, SickKids improves the health of children by integrating care, research, and teaching.  The bold new direction of “unprecedented outcomes powered by Precision Child Health” is driving the 2025 Strategic Plan, promoting a paradigm shift in child health care to improve quality, build stronger connections with our partners, and accelerate our impact through Precision Child Health. 

The Position

Reporting to the President and CEO, the VP/CFO is an influential member of the Executive Team and is responsible for providing strategic business and financial leadership for the organization. The VP/CFO must be seen as a key strategic organizational partner, collaborator, and vision setter. With the ability to envision the art of the possible, the VP/CFO will work closely with the Executive Team, Foundation, and Research Institute to ensure and reinforce the organization’s long-term future sustainability. Additionally, the VP/CFO will continue to enhance and build other health system partnerships amongst external stakeholders in the region, including other hospitals, Ministry of Health, Ontario Health, and municipal and private sector partners.  

Key leadership initiatives for the new VP/CFO will be to:

  • Advance an innovative business strategy and financial roadmap that aligns with SickKids’ Strategic Plan and facilitates the optimization of hospital funding and future financial sustainability. 
  • Provide strategic and operational leadership regarding financial opportunities and challenges, clinical services planning, projected growth, and government funding changes, investment and business planning, and risk management initiatives.
  • Promote a strategic approach to business service delivery, further advancing technological innovation, operational efficiency, and business process optimization. 
  • Evaluate and advise on a range of corporate initiatives including pension plan investments, design and administration, data and analytics, and the hospital’s business strategy.
  • Support the development of a multi-year capital and implementation plan for Project Horizon and its associated multi-year financial strategy. 
  • Work in close collaboration with the Executive Team, Foundation, and Research Institute regarding several planning priorities and longer-term business objectives. 
  • Establish strong working relationships with key provincial bodies including the Ministry of Health, Ontario Health, and the Ontario Hospital Association to support the strategic, financial, and capital aspects for SickKids’ future.
  • Provide mentorship and support to a high-performing team, enabling growth and effective succession planning.

Experience

The successful candidate will have a demonstrated track record of executive leadership experience in health care and/or a similarly complex environment/sector. In addition to an accounting designation, the Candidate will be a change agent, inspiring leader, and engaged team player. This is an influential leadership role that requires someone that excels at leading business strategy and driving operational efficiency in a complex, multi-stakeholder environment. The successful Candidate will have the transformational ability to implement leading practices in fiscal accountability and corporate governance. In addition, he/she/they will have the ideal opportunity to be a vocal and visible advocate of excellence in innovative healthcare, while contributing to both strategic and operational financial leadership in an ambitious organization-wide vision and strategy. To confidentially explore this opportunity, please email your resume, quoting the appropriate position title, to Judy Mandelman or Nancy Lismer, at resumes@promeus.ca.  

To understand the diversity of applicants and the talent pool’s reflectiveness of our wider community, we encourage candidates, on behalf of SickKids, to participate in a self-identification survey. This survey is anonymous, confidential, and voluntary. 

SickKids and Promeus Inc. are actively engaged to building an intentionally inclusive environment that engages, supports, and empowers employment equity and diversity in the workplace and communities served. We invite applications from Indigenous, Black, and racialized individuals, people with disabilities, 2SLGBTQIA+ persons and women.

 

Job Category

Vice President

City

Toronto, ON