Humber River Hospital

Senior Financial Business Analyst

Posting Date 4 months ago(5/29/2023 12:24 PM)
Financial Services & Decision Support
General Accounting
Employee Type
Employee Group
Non Union
Job ID
Job Category
Finance/Decision Support Services

Position Profile

Join our financial reporting team as we work together to achieve sustainable, responsive and efficient growth and asset utilization.


At Humber River Health, or Finance department plays a pivotal role in developing, implementing, and managing financial, accounting, and reporting policies, processes, and operational activities that meet all Ministry of Health and Long Term Care (MOHLTC) legal, regulatory, requirements.

e are currently seeking a Senior Financial Business Analyst to join our Finance team. This individual will develop, track and analyze budget and financial data and reports for accuracy and timelines.


Are you a Senior Analyst with an analytical mindset? Have you developed financial reports in a healthcare environment? If you answered yes to any of the questions above, we invite you to read the details below and apply to this exciting career opportunity and Humber River Health.

Reporting Relationship: Manager, Accounts Payable

Hours of Work: Monday - Friday 9:00am-5:00pm


Position Responsibilities:

  • Apply Generally Accepted Accounting Principles (GAAP) / Public Sector Accounting Standards and Management of Information Systems (MIS) standards to accurately record monthly financial results.
  • Review monthly actual vs budget results, follow up on significant variances, and determine appropriate action and refer highly complex issues to Manager/Director for resolution.
  • Reconcile general ledger balance sheet accounts on a monthly basis and follow up on issues.
  • Report Foundation, Research, and other income sources which may include Ministry of Health & Long Term Care (MOHLTC), Cancer Care Ontario (CCO) and others to project income/funding streams.
  • Work with client group to allocate monthly funds to expenditures that meet donor funding priorities and follow up on outstanding issues.
  • Maintain funding reconciliation and deferred revenue schedules to track and record funding revenue from MOHLTC/CCO.
  • Develop monthly financial reports to be presented by Director/CFO at senior management team (SMT) meetings for leadership decision-making, and at board finance committee.
  • Create and maintain custom financial reports within the Meditech General Ledger module.
  • Review current report designs to assess compliance with current reporting requirements and update reports to meet requirements.
  • Develop and distribute ad-hoc internal reports.
  • Review physician on-call schedules including Hospital On-Call Coverage Program (HOCC) hospital stipend to be submitted for payment.
  • Reconcile schedule of physician on-call payments to the general ledger to ensure payments comply with MOHLTC Funding Agreement.
  • Prepare working paper files for year-end settlement audit; respond to auditors’ queries; review year-end report for accurate completion in preparation for MOHLTC year-end report submission.
  • Provide financial information to auditors that meet audit requirements.
  • Prepare data for HST audit.
  • Prepare remittance and reporting documents (i.e. taxes, funding models/sources, trial balances) to reduce financial penalties arising from past due payments.



  • Undergraduate Degree in Finance/Accounting
  • Chartered Professional Accountant (CPA)
  • Minimum (7) seven years’ related experience preferably in healthcare environment
  • Experience with MS Office (Outlook, Word, Excel, PowerPoint)
  • Knowledge of Generally Accepted Account Principles and Public Sector Accounting Standards
  • Demonstrated knowledge of data management & analysis, Public funding models and Accounting
  • Excellent analytical, organizational and problem solving skills
  • Ability to work independently to meet tight deadlines.
  • Leadership and conflict management skills preferred
  • Excellent attendance and discipline free record required.


Why Humber? Why Now?

Humber River Health is on an exciting transformation journey of redefining patient care as we leverage the most advanced technologies to enhance all aspects of delivering highly reliable safe, quality care. We continue to build a people-centered workplace with excellent staff and physician engagement by hiring passionate, diverse and inclusive healthcare professionals. People who care and live our values of Compassion, Professionalism and Respect. People who are committed to making a positive difference.

We are a
Studer Group hospital, focused on evidence-based leadership practices and hardwiring a culture that WOWs.


Why? Because at Humber River Health, we know it’s our people and our ability to innovate that allows us to consistently deliver a positive patient experience. At Humber River Health we believe in exceptional care...healthier community.


To express your interest in this exciting opportunity, please contact Joanne De Santo at 416.242.1000 ext. 81907 or complete the online application in confidents at


This description has been designed to indicate the general nature and level of work performed by the employee within this position. However, the actual responsibilities, duties, qualifications and experience may vary. Employee may perform other related duties as required to meet the ongoing needs of the organization. Information contained in this job posting/description is subject to change.


Humber River Health is committed to inclusion and diversity. We believe that diversity drives our culture of innovation. By bringing together a variety of different perspectives, it fuels our creative thinking, generates new ideas and creates solutions designed to address tomorrow's healthcare challenges today. We take pride in providing professional development and career advancement opportunities for our employees including minorities, women, veterans and individuals with physical and developmental disabilities. We also provide accommodation to applicants and all of our employees - from hire to retire.


Let us know what we can do to help you be successful during your recruitment experience at Humber River Health.


Please be advised that in order to be eligible for employment at Humber River Health, all new hires must have received the full series of a COVID-19 vaccine or combination of COVID-19 vaccines approved by Health Canada (e.g., two doses of a two-dose vaccine series, or one dose of a single-dose vaccine series); AND have received the final dose of the COVID-19 vaccine at least 14 days prior to the hired employee’s first date of employment  Medical exemptions or any other kind of requested exemption based upon the Hospital’s obligations pursuant to the Ontario Human Rights Code will be considered on a case-by-case basis


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