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Manager, Corporate Finance and Reporting

Company Description

One of Canada's Best Diversity Employers and Greater Toronto's Top Employers for many consecutive years, William Osler Health System (Osler) provides a safe and supportive health care network to grow your career. Osler is nationally recognized for its commitment to patient safety and is Accredited with Exemplary Standing, the highest rating a Canadian hospital can receive. As a major Ontario hospital system, and home to some of the biggest specialty and emergency departments in the country, Osler serves the 1.3 million residents of Brampton, Etobicoke and surrounding communities. We are proud to offer you incredible exposure to best-in-class health care delivery and challenging hands-on opportunities to stay at the top of your game.

A hospital system built for and by the community, we continue to expand our services to meet the needs of a growing population, creating opportunities for increased hands-on skills development, cross-department training and promotional opportunities. Guided by our accomplished senior leadership team, together we are driving our vision of patient-inspired health care without boundaries.

At Osler, we invest in careers that go beyond where health care professionals like you can achieve their goals and find deep personal and professional fulfillment. Join our team today!

Job Description

Reporting to the Director, Corporate Finance and Reporting, this role is a key member of the Finance leadership team and is responsible for the preparation and monitoring of the Hospital's financial statements, and other operational and statutory reporting requirements on a monthly basis. The role liaises with the external auditor and coordinates the completion of the annual financial audit of the Hospital and those of other program agreements and projects. The Manager of Corporate Finance and Reporting oversees the internal control environment as it relates to transactional, operational, and compliance risk, and the controls in place to mitigate these. The role provides leadership to the General Accounting, Accounts Payable and Purchasing staff and oversees their ongoing professional growth and development. The Manager monitors staff satisfaction and actively develops strategies to engage the team members, while delivering outstanding customer-focused service to internal and external stakeholders.

Accountabilities:

  • Responsible for all aspects of financial reporting and cash flow management including the accumulation, validation, interpretation and evaluation of financial information 
  • Manages the accurate and timely closing of each reporting period, leading up to the annual year end closing processes and audit procedures
  • Leads meaningful and relevant analysis to support the integrity of financial results and identify areas of risk or opportunity for the Hospital 
  • Oversees the preparation of internal and external reporting requirements related to provincial and other statutory filings such as MIS trial balance, Self Reporting Initiative, CRA charity return, public accounts consolidation etc., while ensuring integrity and accuracy of the information across the various data sets
  • Leads the organizational purchasing and payment processes with focus on timeliness, efficiency and user satisfaction
  • Monitors and reviews the internal control environment affecting financial results, assisting the Finance leadership in the implementation of sound financial policies and controls to minimize the transactional, operational and compliance risk 
  • Liaises with other members within the broader Finance team, i.e. the financial planning team, accounts receivable, payroll, capital planning team, and with Shared Services West, to provide a customer-centric experience to hospital programs
  • Leads the review of Finance- related policies and their hospital wide application via education and training of hospital users
  • Coaches and mentors a diverse team of professional and unionized staff ensuring collaboration towards a common purpose
  • Completes ad hoc reports analysis as required by Senior Management, taking the lead role to initiate quality and process improvement projects

Qualifications

  • Bachelor degree with a Professional Accounting designation (CPA CA, CMA, CGA) required
  • 3-4 years progressive experience in a leadership role in Finance or at an audit firm strongly preferred
  • Must have knowledge of the Canadian Generally Accepted Accounting Principles, specifically in the Public Sector and Not-for-profit Standards 
  • Knowledge of the Broader Public Sector Act and its regulations as it relates to the hospital sector 
  • Broad knowledge of internal controls and their impact on operations and procedures 
  • Broad knowledge of forecasting and budgeting principles, annual financial planning cycles and cash flow management 
  • Strong financial reporting skills, knowledge of Ontario MIS Guidelines
  • Knowledge of large ERP systems 
  • Highly motivated, self-starter, creative and results oriented
  • Customer focused team player 
  • Excellent oral, interpersonal and written communication skills 
  • Proven ability to manage multiple teams, stakeholders and competing projects effectively 
  • Ability to think strategically and systematically with strong critical thinking, problem solving and analytical skills 
  • Intermediate to advanced knowledge of Microsoft Excel and Access 
  • Meditech system experience is an asset
  • Must demonstrate Osler's Values of Respect, Excellence, Service, Compassion, Innovation and Collaboration

Additional Information

Hours: Currently days (subject to change in accordance with operational requirements)

This is a Hybrid: Roles that function remotely, but require essential, regular onsite weekly work

Annual Salary:
Minimum:  $113,061.00
Maximum: $141,336.00

Application deadline: April 10, 2025

#LI-LM1

#LI-Hybrid

#FT

Osler values inclusivity and diversity in the workplace. We welcome and encourage applicants from diverse backgrounds. We are committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act. If you require an accommodation at any stage of the recruitment process, please notify Human Resources at [email protected].

While we thank all applicants, only those selected for an interview will be contacted. Any information obtained during the course of recruitment will be used for employment recruitment purposes only, and not for any other purpose.

Average salary estimate

$127198.5 / YEARLY (est.)
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$113061K
$141336K

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What You Should Know About Manager, Corporate Finance and Reporting , William Osler Health System

Join the dynamic team at William Osler Health System as the Manager, Corporate Finance and Reporting! Located in Brampton, Canada, Osler is one of Canada's Best Diversity Employers and has been recognized as Greater Toronto's Top Employer for several consecutive years. In this pivotal role, you will report directly to the Director of Corporate Finance and Reporting, becoming a critical player in the Finance leadership team. Your primary responsibilities will include preparing and monitoring the financial statements for the hospital, ensuring compliance with all operational and statutory reporting requirements. Engaging with external auditors, you'll coordinate the annual financial audits and oversee the internal control environment to mitigate risks. This role is not just about maintaining numbers; it’s about leading and mentoring a diverse team of professionals, ensuring they grow and develop as you work together to provide outstanding service to internal and external stakeholders. Moreover, your commitment to excellence will help identify risks or opportunities that shape patient-inspired healthcare without boundaries. If you're passionate about creating a positive impact in healthcare finance and want to work at an organization dedicated to community growth, William Osler Health System is the perfect place for you. Step up and make a difference today!

Frequently Asked Questions (FAQs) for Manager, Corporate Finance and Reporting Role at William Osler Health System
What are the key responsibilities of the Manager, Corporate Finance and Reporting at William Osler Health System?

The Manager, Corporate Finance and Reporting at William Osler Health System is responsible for preparing financial statements, coordinating annual audits, monitoring the internal control environment, leading the general accounting team, and ensuring compliance with all operational and statutory reporting requirements. They are central to effective cash flow management and financial reporting.

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What qualifications are needed for the Manager, Corporate Finance and Reporting role at Osler?

To qualify for the Manager, Corporate Finance and Reporting position at William Osler Health System, candidates must hold a Bachelor’s degree with a Professional Accounting designation (CPA CA, CMA, or CGA) and possess 3-4 years of progressive experience in finance leadership or audit roles. Knowledge of Canadian accounting principles, as well as internal controls and financial reporting, is essential.

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How does the Manager, Corporate Finance and Reporting ensure compliance with regulations at William Osler Health System?

The Manager, Corporate Finance and Reporting ensures compliance at William Osler Health System through meticulous oversight of financial reporting, internal controls, and by leading various statutory filings. This role requires a strong understanding of regulations pertaining to the Public Sector and Not-for-profit Standards in Canada.

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What skills are essential for the Manager, Corporate Finance and Reporting at Osler?

Essential skills for the Manager, Corporate Finance and Reporting at William Osler Health System include strong financial reporting capabilities, analytical skills, strategic thinking, and advanced knowledge of Microsoft Excel. Additionally, effective interpersonal and communication skills are vital for engaging with various stakeholders.

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What opportunities for professional growth are available for the Manager, Corporate Finance and Reporting at Osler?

William Osler Health System fosters professional growth for the Manager, Corporate Finance and Reporting through ongoing training, mentorship opportunities, and leadership development. The supportive environment allows for collaboration across departments, enhancing skills and career trajectories.

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Common Interview Questions for Manager, Corporate Finance and Reporting
Can you describe your experience with financial reporting and auditing?

In answering this question, it's important to elaborate on specific financial reporting projects you've worked on, such as your role in preparing financial statements or coordinating audits. Share examples of processes you have established or challenges you have overcome in ensuring accuracy and compliance.

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How do you approach risk management in financial reporting?

When addressing this question, detail your experience with risk assessment and mitigation strategies within financial operations. Discuss how you identify potential risks, such as compliance issues or inaccuracies, and the measures you implement to address them.

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What methodologies do you use to ensure adherence to accounting standards and regulations?

Speak to your knowledge of Canadian GAAP and the Broader Public Sector Act. Discuss specific methodologies or practices you have applied to ensure compliance during your tenure in previous roles, illustrating your commitment to integrity in financial reporting.

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Describe a time you had to lead a finance team through a challenging project.

Use the STAR method (Situation, Task, Action, Result) to describe a challenging project where you led your finance team. Highlight your leadership approach, how you motivated team members, and the positive outcome resulting from your guidance.

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How do you prioritize and manage multiple financial deadlines?

Discuss your time management strategies, tools, and techniques for dealing with competing priorities. Provide examples of how you successfully managed deadlines for month-end closings, audits, and statutory filings, ensuring accuracy and timeliness.

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What is your experience with budgeting and forecasting?

Share your previous experience in developing budgets and forecasts, emphasizing your approach to creating realistic financial projections. Discuss any tools, software, or methodologies you used to support your forecasting efforts.

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How do you ensure accurate communication with external auditors?

Emphasize the importance of maintaining open lines of communication with external auditors. Provide examples of how you've facilitated audits through organized documentation and regular updates, ensuring a smooth auditing process.

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Can you give an example of a financial process improvement you initiated?

Be prepared to share a specific example of a process improvement you've identified and implemented in a previous role. Discuss the steps you took, the challenges faced, and how your changes positively impacted the team or organization.

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How do you foster teamwork and collaboration within your finance team?

Discuss your approach to team building, including strategies to encourage open communication, collaboration, and engagement. Provide examples of activities or initiatives you've implemented to enhance team morale and productivity.

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What software and tools are you proficient in that relate to this position?

When addressing this question, list the financial software and tools you are proficient in, especially those relevant to the healthcare industry. Highlight your experience with large ERP systems and any data analytics tools that can enhance financial reporting and decision-making.

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DATE POSTED
March 28, 2025

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