Director, Financial Planning - Surrey, Canada - Fraser Health Authority

Description

Fraser Health (FH) is responsible for the delivery of hospital and community-based health services to nearly 2 million people in 20 diverse communities from Burnaby to Fraser Canyon on the traditional territories of the Coast Salish and Nlaka'pamux Nations. The Fraser region is home to 32 First Nations communities and 6 Métis Chartered communities. Our team of nearly 48,000 staff, medical staff and volunteers is dedicated to serving our patients, families and communities to deliver on our vision: better health, best in health care.

We are seeking an innovative and result-oriented Director, Financial Planning and Business Support to provide strategic leadership and direction in the development of the organization's annual and on-going operating, capital, and service workload budgets. The Director will apply a dynamic approach to optimizing the delivery of financial services and resources for designated operational areas. In collaboration with business leaders, the Director will identify key trends and drive financial accountability and process improvement across the organization.

The Director, Financial Planning and Business Support will actively maximize Fraser Health's financial and business performance within the parameters of established guidelines and health policies. By developing and evaluating all financial and performance components of business plans that impact Fraser Health operations, the Director will drive the integration and innovation of major elements of the multi-year financial plan such as the operating statement, capital investments, workload and performance measurements. Reporting to the Executive Director, Financial Planning & Business Support, the Director will be a clear, caring, and courageous leader with the operational and financial expertise to proactively envision and encompass a strategic approach to financial planning and analysis.

The Director, Financial Planning and Business Support is accountable for:

• Developing and recommending short- and long-term goals and objectives for designated departments, ensuring that financial plans support the goals, policies and vision of FH;
• Planning and implementing operational budgets, including budget preparation, authorization control and reporting of expenditures;
• Leading departments in managing the annual and three-year operational budget development, ensuring that budget results are considered and reflected in the overall FH operating budgets submitted to the provincial government;
• Providing portfolio performance monitoring, evaluation and forecasting analysis through the FH Quarterly Reports and annual Executive Performance reports in addition to periodic reporting and analysis.

The successful candidate will have:

• A degree in Business Administration, Commerce, Finance or related discipline;
• A CPA recognized professional accounting designation;
• Seven (7) to ten (10) years of recent, related financial accounting experience, including five (5) years leading and mentoring teams in a senior leadership role within a large complex organization; or
• An equivalent combination of education, training and experience. Recent and strong healthcare experience in financial planning or supporting direct clinical care portfolios will be an asset.

If you have any questions, or are interested in learning more about this rewarding opportunity with Fraser Health, please email our Executive and Senior Leadership Acquisition team at

Fraser Health values diversity in the work force and strives to maintain an environment of Respect, Caring & Trust. Fraser Health's hiring practices aspire to ensure all individuals are treated in an inclusive, equitable, and culturally safe manner.

Supporting the Vision, Values, Purpose and Commitments of Fraser Health including service delivery that is centered around patients/clients/residents and families:

Collaborates with the Executive Director, Financial Planning & Business Support to develop, lead and oversee the organization's multi-year corporate operational and business planning processes, economic forecasting, annual operating budget preparation and reporting of the organizations financial position to the Senior Executive, Board of Directors and Ministry of Health including integrating the major elements of the multi-year financial plan such as the operating statement, capital investments, workload and performance measurements.

Provides overall financial support, direction and analysis to designated operational areas within Fraser Health (FH), as well as, across the organization for the Lower Mainland Consolidated Services, PHSA and other health authorities where appropriate; leads a team in developing an assigned portfolio's annual and three year operating budget; monitors and evaluates finance performance to the assigned budget and provides resource recommendations to the portfolio's management group; leads the development, mission, strategies and goals of the department to ensure the optimum delivery of financial services and resources for designated FH operational areas.

1. Develops and recommends short and long term goals and objectives for the designated department ensuring that financial plans support the goals, policies and vision of FH.
2. Develops, implements and reviews policies and standards for the relevant departments. Plans and implements operational budgets for the designated department including budget preparation, authorization control and reporting of expenditures.
3. Leads the departments in managing the annual and three year operational budget development; ensures that the budget results are considered and reflected in the overall FH operating budgets submitted to the provincial government.
4. Provides portfolio performance monitoring, evaluation and forecasting analysis through the FH Quarterly Reports and annual Executive Performance reports in addition to periodic reporting and analysis.
5. Leads the relevant operational portfolios in the development of their annual operating budgets ensuring consistency between budget assumptions in the detailed budget with the overall budget for the portfolio.
6. Oversees and/or provides leadership to the implementation of the annual financial plan into detailed budgets and reviews corporate-wide results; oversees and/or participates in the development of the Quarterly Financial Report to the Board, the Period End Financial Report to the Executive Team and the forecast and budget analysis for the quarterly Appendix C report to the Ministry of Health.
7. Represents the assigned portfolio/Health Authority through participation in committees, working groups and/or negations with governments, and/or external service providers/agencies providing or requiring support services from the health authority to ultimately achieve strategic and operational objectives.
8. Identifies and/or resolves business opportunities/challenges within the context maximizing FH''s performance within the parameters of GAAP, MIS guidelines and the provincial government's health policy; develops and/or evaluates all financial and performance components of business plans that impact FH operations.
9. Establishes administrative systems for maintaining, evaluating and reporting on the operations of the department including department activities, progress on objectives and designated projects.
10. Provides leadership to designated staff within the department by motivating staff to attain the goals of the department and FH; develops and recommends organizational structure to reflect operational needs and the responsibility of each employee including an on-going system for performance management.
11. Manages the recruitment, mentoring and professional development of assigned staff; supervises designated staff, determines staff schedules, provides work direction and assignment of duties to meet operational requirements; conducts employee performance reviews, coaching sessions and facilitation of goal setting with the employee; identifies training/educational requirements as needed.
12. Plans, develops and implements an effective quality improvement program to ensure a high level of client satisfaction and to identify areas for improvement.
13. Plans, prioritizes and directs numerous concurrent projects through all phases from planning to implementation and evaluation.
14. Represents FH to the provincial government by participating on committees, organizations, and in advisory activities.

CPA recognized professional accounting designation.

Master's degree in Business Administration, Commerce, Finance or related discipline, supplemented with seven (7) to ten (10) years' recent, related financial accounting experience, including five (5) years' experience in a senior leadership role in a large complex organization, or an equivalent combination of education, training and experience.

Professional/Technical Capabilities:

• Demonstrated knowledge of accounting practices, trends, generally accepted accounting principles (GAAP), financial, administrative and contract management, audit and program evaluation principles and practices.
• Demonstrated ability to lead, plan, direct, manage and implement change.
• Demonstrated knowledge of health and business administration including strategic and operational planning, monitoring, analytical, evaluation and reporting expertise in a public sector and/or large complex environment.
• Demonstrated ability to direct a variety of cyclical operational, budgeting and financial planning processes.
• Demonstrated ability to work independently and in collaboration with others.
• Demonstrated ability to develop and maintain rapport with internal and external stakeholders.
• Demonstrated ability to function effectively in a highly dynamic environment with changing priorities.
• Demonstrated judgment and decision making capabilities including the ability to manage priorities and deadlines.
• Ability to operate related equipment including applicable software applications.
• Physical ability to perform the duties of the position.