Director, Finance
Job in
Cambridge, Ontario, Canada
Listed on 2026-02-22
Listing for:
Cambridge Memorial Hospital
Full Time
position Listed on 2026-02-22
Job specializations:
-
Finance & Banking
Financial Manager, CFO, VP/Director of Finance, Corporate Finance -
Management
Financial Manager, CFO
Job Description & How to Apply Below
Overview
Shape the Financial Future of a Growing Community Hospital
At Cambridge Memorial Hospital (CMH), we are building healthier communities together. As a thriving acute care hospital serving the Waterloo Region and beyond, CMH provides comprehensive services including Emergency, Medicine, Intensive Care, Surgery, Women’s and Children’s Health, and Mental Health.
As healthcare funding models evolve and system pressures increase, CMH is seeking a strategic and forward-thinking Director, Finance to play a critical leadership role in ensuring the organization’s long‑term financial sustainability and operational excellence.
This is a high‑impact opportunity to serve as a trusted financial advisor to the Executive Team and Board Committees while leading a dedicated finance team in delivering robust financial stewardship in a complex healthcare environment.
Why Join CMH?
Healthcare of Ontario Pension Plan (HOOPP)
Comprehensive group benefits (health and dental) for full‑time employees
Employee and Family Assistance Program
Leadership and Quality Improvement Curriculum
Career Development & Education Grant
Wellness & Wellbeing Program
Commitment to Diversity, Equity and Inclusion
At CMH, you will join a collaborative leadership team that values innovation, accountability, and compassion in service of our community.
Job Description
Salary Range: $79.37 - $94.49
Position Summary
Reporting to the Vice President, Finance and Corporate Services & Chief Financial Officer, the Director, Finance provides enterprise‑wide leadership and oversight of the hospital’s financial operations, planning, reporting, treasury, and internal control environment.
The Director is responsible for advancing financial strategy, strengthening fiscal stewardship, optimizing funding opportunities, and ensuring regulatory compliance, while fostering a culture of accountability, collaboration, and continuous improvement.
As a key member of the leadership team, the Director partners closely with clinical and operational leaders to align financial planning with organizational priorities and strategic objectives.
Key Responsibilities
Strategic Financial Leadership
Provide strategic financial advice and insights to the CFO, Executive Team, Director’s Council and Board Committees to support informed decision‑making.
Lead the development of multi‑year financial and capital plans aligned with CMH’s strategic priorities.
Drive financial sustainability in a dynamic provincial funding environment.
Act as a key liaison with external partners, including the Ministry of Health (MOH), Ontario Health, as well as hospital and community partners,
Financial Planning & Reporting
Oversee the preparation of accurate, timely monthly and annual financial statements with meaningful variance analysis and forecasting.
Lead the annual operating and capital budget process, multi‑year forecasts and long‑range financial plans in collaboration with clinical and operational leaders, ensuring alignment with organizational goals and service delivery requirements.
Strengthen forecasting capabilities and financial analytics to support proactive decision‑making.
Funding Optimization & Performance
Maximize revenue through effective management of performance‑based funding initiatives, including Growth and Efficiency Model (GEM), Quality‑Based Procedures (QBP), and Post‑Construction Operating Plan (PCOP) funding.
Monitor and respond strategically to evolving Ministry funding policies and healthcare system reforms.
Financial Operations & Controls
Ensure effective payroll, accounts payable, accounts receivable, general ledger, financial analysis, and budgeting functions.
Ensure a strong internal control framework that safeguards public funds and organizational assets.
Provide oversight of year‑end audit processes and ensure full compliance with regulatory and MOH reporting requirements and timelines.
Treasury & Risk Management
Oversee cash flow management, banking relationships, investments, and insurance programs.
Monitor financial risk exposure and implement mitigation strategies.
Organizational Partnership
Act as a strategic financial partner to operational leaders, the CMH Foundation, and Volunteer…
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