Ross Memorial Hospital - Kawartha Lakes
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Financial Planning & Decision Support Analyst

Job Number:
Job Title:
Financial Planning & Decision Support Analyst
Job Type:
Permanent Full Time
City, Province, Country:
Lindsay, Ontario, Canada
Decision Support
Open Positions:

Ross Memorial Hospital (RMH) is an active, acute-care community hospital located in the heart of the City of Kawartha Lakes. Among our acute and continuing care services, our team cares for 45,000 patients per year in the 24/7/365 emergency department, provides orthopedics and ophthalmology, operates a dialysis unit, and is renowned for its mental health programs and restorative seniors care. The Ross family takes pride in providing compassionate, quality patient care.

Position Summary

Reporting to the Director Finance, the Analyst plays a pivotal role in understanding the business/reporting needs of the hospital, identifying, tracking, analyzing and making recommendations for corrective action to financial/statistical utilization issues; and ensuring the hospital is meeting Central Local Health Integration Network (LHIN), Ministry of Health and Long Term Care (MOHLTC), and other external regulatory/stakeholder reporting requirements. Develops and coordinates the preparation of the annual corporate operating and capital budget. Complete a variety of time specific Ministry/LHIN required submissions throughout the fiscal year. Create numerous financial based spreadsheets & reconciliations as support for management decision making.

Major Duties and Responsibilities
• Provide sound and timely financial and business information to the Senior Leadership team and Clinical Programs.
• Prepare annual budget in collaboration with internal stakeholders from assigned portfolio
• Regular monthly analysis of budget and utilization variances (e.g. financial results to Board of Directors)
• Apply Generally Accepted Accounting Principles (GAAP)/Public Sector Accounting Standards (PSAS) and Management of Information Systems (MIS) standards to recommend appropriate accounting entries for the accurate recording of monthly financial results
• Review monthly actual vs. budget results; follow up on significant variances, and determine appropriate action; refer highly complex issues to Director for resolution
• Evaluate the reasonableness of financial and statistical data; provide recommendations for changes to processes and procedures to enhance financial/statistical reporting, utilization and/or efficiency
• Provide clients managers with a single source for interpretation of financial and statistical information
• Develop and analyze statistical reports of key information (i.e. statistical, financial, payroll, etc.) that improve data flow and support data driven decision regarding government funding regulations and legislation
• Develop, maintain and distribute custom financial/statistical reports, review current report designs and update as required to ensure compliance with current reporting requirements
• Disseminate, interpret, and develop utilization data and financial information to program and service areas and external reports (e.g. MOHLTC); prepare financial reports to meet regulatory or funding agencies requests
• Develop and analyze annual planning submissions (e.g. mental health Community Annual Planning Submission (CAPS), Hospital Accountability Planning Submission (HAPS)) for Board of Directors approval
• Examine charted (coded) data from patient sectors (e.g. length of stay, etc.) to identify and communicate trends and issues to health records and clinical and operational managers; determine resolutions to the issues, and document issues and their resolution
• Report on compliance with departmental strategic plan; monitor achievement of quality performance goals and objectives aligned with organizational priorities
• Maintain Finance, business intelligence, and other analytics and business insight tools and systems to deliver required information (e.g. assumptions, proposals) and measure and evaluate progress
• Keeps informed about current and emerging healthcare statistical and financial standards, issues and trends, including technological changes
• Share knowledge and expertise in performance reporting and monitoring
• Drives initiatives to improve our financial and analytics and business insight processes and procedures, improving our data quality and reporting compliance.
• Other duties as assigned including participating on special committees, assisting with onboarding and training of other departmental staff and leaders to meet financial/statistical reporting and documentation support requirements.

Essential Qualifications

• Successful completion of a university degree in accounting, economics or business administration, health informatics or health administration
• CHIM or CPA designation
• Must have a minimum of 3 years of recent, related accounting experience, preferably in a hospital environment
• Sound working knowledge of effective budget processes
• Demonstrated ability to deal effectively and cooperatively with all levels of staff, patients, and the public
• Demonstrated communication, organizational, and time management skills
• Proficiency in MS Office applications, particularly Excel and Word/advanced skills using computerized spreadsheets and macros
• Experience in Sequel, SPSS or equivalent analytical and reporting tools
• Working knowledge of Canadian information management standards such as the MIS Reporting Standards, workload measurement systems and methodologies, patient-specific case costing methodologies (Ontario Case Costing Initiative) and health information databases such as Med2020 and CIHI required
• Sound knowledge of internal control measures and their use to safeguard against misappropriation of hospital assets
• Strong aptitude for analysis, interpretation, and presentation of financial and statistical data
• Must have the ability to take initiative
• Excellent organizational and time management skills with proven abilities to prioritize and meet deadlines
• Evidence of ongoing professional development
• Must be able to fulfill physical requirement of the job, as per current Physical Demands Analysis

Preferred Qualifications

• Master's Degree

Hours of Work

Must be able to work day shift, Monday to Friday. Shifts and hours may change according to departmental requirements.

Employment Equity

Ross Memorial Hospital is committed to meeting the needs of persons with disabilities. Accommodation will be provided throughout the hiring process at the request of the applicant.

Employees must meet expectations for appropriate, respectful and professional conduct, as set out in the RMH Code of Conduct.

rmh maps and directions


10 Angeline St. North
Lindsay, ON K9V 4M8


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