Manager, Financial Reporting - Toronto, Canada - West Park Healthcare Centre

West Park Healthcare Centre
West Park Healthcare Centre
Verified Company
Toronto, Canada

1 month ago

Sophia Lee

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Sophia Lee

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Description

Job Status:

Temporary, Full-Time, Approximately 1 year and 8 months

  • Reports To:

Vice President, Finance and CFO

  • Hours of Work (shifts):

Days

  • Internal Posting Dates:

May , 2024

  • Salary Range:
  • Employee Group:

Non-Union

Join us today E
xplore our integrated campus to learn
more.

Effective April 1, 2024, West Park joined the University Health Network (UHN) through a government-approved merger between the two organizations. The vision for this integration is to create the world's leading tertiary and quaternary rehabilitation centre by expanding West Park/UHN's scope and range of services to support Canada's most complex patients and further fortify patient experiences throughout their care continuum.
Learn more about our integration, new hospital and building Canada's leading rehabilitation ecosystem
here.**
Company Description:The University Health Network, where "above all else the needs of patients come first", encompasses Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute, West Park Healthcare Centre and the Michener Institute of Education. The breadth of research, the complexity of the cases treated, and the magnitude of its educational enterprise has made UHN a national and international resource for patient care, research and education. With a long tradition of ground breaking firsts and a purpose of "Transforming lives and communities through excellence in care, discovery and learning", the University Health Network (UHN), Canada's largest research teaching hospital, brings together over 17,000 employees, more than 1,250 physicians, 8,000+ students, and many volunteers. UHN is a caring, creative place where amazing people are amazing the world.


Position Summary:


Reporting to the Director Finance, the Manager Financial Reporting & Accounting is responsible for the oversight of the Centre accounting functions including, payroll, accounts payable, accounts receivable, and general accounting.

The Manager of Financial Reporting & Accounting is responsible for the preparation of monthly internal financial statement reporting, yearend audit preparation, year-end draft audited financial statements and other legislative corporate reporting.


Accountabilities:


  • Accomplishes accounting human resource objectives by recruiting, selecting, orienting, training, assigning, scheduling, coaching, counselling, and performance management; communicating job expectations; planning, monitoring, appraising, and reviewing job contributions; and enforcing Centre policies and procedures.
  • Develop and establish financial processes/policies and internal controls to safeguard assets and reputation, for accurate internal financial reporting, and for compliance with legislative requirements including Public Sector Accounting Standards (PSAS), Ontario Hospital Reporting Standards (OHRS)/MIS, and Broader Public Sector directives, etc.
  • Ensure all remittances, including HST, payroll, charitable returns and other government requirements are current.
  • Lead yearend financial statement audit preparation and year end closing including drafting year end audited financial statements including note disclosure.
  • Responsible for the timely and accurate completion of monthly, quarterly and yearend internal corporate financial performance reports. Determine distribution of work among accounting staff, monitor performance.
  • Oversee the monthly account reconciliations for all balance sheet accounts for timeliness and accuracy.
  • Oversees the Centre's transaction processing and ERP system as well as monthend and yearend closing processes.
  • Collaborates with other finance department management (Manager, Financial Planning and Analysis), for the collection and completeness of analysis for Centre internal financial statements, and support overall department goals and objectives.
  • Oversee Treasury, banking and account management, as well as monitor cash flow and balance sheet performance with particular emphasis on debt and working capital.
  • Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizational development opportunities.
  • Awareness of conditions and measures that may affect the safety of patients, residents, students, employees, volunteers, physicians and visitors including:
  • Compliance with the safety standards of the hospital and applicable legislation
  • Identification and prevention of safety issues and problems
  • Taking corrective action, where possible
  • Attendance at safety meetings/training/updates in accordance with the Centre's standards
  • Monitor compliance and dialogue with staff regarding the prevention and identification of safety policies, standards and issues
  • Where applicable, ensure the compliance and awareness of patient safety
  • Abi
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