Director, Financial Planning & Analysis

Position: Director, Financial Planning & Analysis )
Job Description  Reporting to the Executive Vice President, Corporate Services and Chief Financial Officer, the Director, Financial Planning & Analysis is responsible for leading a team in the monitoring, analyzing, planning and forecasting of the financial performance of the health centre; with a focus on the issues of budgeting, analysis and funding for Royal Victoria Regional Health Centre (RVH). The Director will act as a leader in regards to financial risk, financial/performance management and planning.
Education   Bachelor’s degree required
Professional accounting (CPA) designation required
Master’s degree, or equivalent experience and training in Finance, Accounting, Leadership or a related field preferred
Experience   Demonstrated management experience in complex and dynamic health care environments in the public in finance with expert understanding of one or more health care sectors
Demonstrated experience performing financial analyses and critical evaluations of complex financial programs
Demonstrated experience with operational or strategic decision-making related to program funding
Experience leading the budgeting process, including the development of operational budgets
Experience performing monthly program analysis
Experience overseeing funding initiatives and understanding of related MOH/OH funding methodologies
Experience overseeing capital assets financial planning and monitoring of working capital
Experience and understanding of MOH/Ontario Health regulations and reporting requirements (including MIS guidelines)

Experience with hospital financial information systems and advanced proficiency with Microsoft applications and Meditech
Competencies   Strong analytical skills including the ability to comprehend complex issues and related data/information and present information in concise and meaningful ways
Superior financial budgeting/forecasting, cost accounting knowledge & variance analysis skills
Effective Financial Risk Identification
Knowledge of performance measurement, monitoring, and indicator development
Strong customer service, relationship building, negotiation and problem solving skills coupled with superior written and presentation skills
Excellent change management and project management skills as well as strong organizational skills including the ability to prioritize workload and to meet deadlines
Creates accountability while fostering collaboration and engagement
Strong negotiation and stakeholder alignment skills
Supports organizational shifts such as:
New funding models and Growth or restructuring
Additional Qualities   Demonstrated application of ethical business and finance practices
Knowledge of the changing health centre industry with a demonstrated ability to present cutting-edge solutions to financial issues
Committed to lifelong learning
Responsibilities   Provide guidance to the Senior Leadership Team and senior management on the operational and strategic financial direction of the health centre
Lead the budgeting process, including the development of operational budgets
Working closely with peer Directors, perform monthly program analysis
Oversee funding initiatives specifically but not limited to, Post Construction Operating Plan (PCOP), Priority program and Quality Based Procedures (QBP)
Analyze current and new funding opportunities and, working closely with the Executive Vice President, Corporate Services and Chief Financial Officer, to maximize RVH funding with our funders
Facilitates the interpretation of financial and clinical information to assist in effective decision making
Responsible for the preparation and analysis of management reports for performance monitoring, analysis and planning
Overall responsibility for the collection, analysis, and dissemination of financial and statistical information as required by the MOH/OH in accordance with MIS guidelines
Responsible for expert knowledge of all aspects of MOH/OH funding and its related implications to the strategic direction of the health centre
Responsible for preparing planning or forecasting models based on funding formulae and growth expectations
Exhibits the core values of RVH:
Work Together, Respect All, Think Big,…