Senior Financial Analyst

Company: IWK Health

Req ID: #

Department/Program: Budgets/Forecasts, Chief Operating Officer

Location: Halifax

Type of Employment: Permanent, Hourly FT (100% FTE)

Positions: 1

Start Date: ASAP

Union Status: Non-union, Management/Non Union Bargaining Unit

Compensation: $35.2722 - $44.0903/hour

Closing Date: January 05, 2025 (Applications are accepted until 23:59 Atlantic Time)

Successful external applicants will be eligible to receive a one-time Signing Bonus of $2,500. A Return of Service will be required for a two-year period.

This is not a designated position; however, preference will be given to qualified candidates who self-identify as Indigenous, Black/African Nova Scotians, Persons of Colour, Immigrants/Newcomers, Persons with Disabilities, and/or 2SLGBTQIA+. Please self-identify on your application.

IWK Health is a respected academic health sciences centre located in Halifax, Nova Scotia, providing tertiary and primary care for two million children, youth, adults, and families each year across the Atlantic region. We have a team of approximately 4000 employees, physicians, volunteers, and learners at sites across Nova Scotia. People build careers with IWK Health with our focus on training and mentorship opportunities. We recognize each other’s talent and celebrate our successes. We collaborate in modern facilities or virtually from home, align our work to our values, and enjoy access to enhanced benefits and wellness programs.

The Opportunity

Reporting to the Managers of Finance within the Budgets, Financial Reporting & Controls Department, the Senior Financial Analyst presents a unique opportunity to be involved in testing and backfill support as our organization transitions its internal reporting and financial system to an upgraded version. The Senior Financial Analyst will play a crucial role in ensuring the successful implementation of SAP S/4 Hana at IWK Health Centre. The position will be responsible for ensuring seamless integration of the new system into our financial operations, including but not limited to:

1. Collaborating with cross-functional teams to ensure proper training and documentation for the SAP S/4 Hana implementation.
2. Leading internal mapping exercises to align financial processes with system requirements.
3. Identifying and documenting process update requirements to optimize system performance.
4. Streamlining reporting processes and developing efficient report setups to meet organizational needs and support finance work.
5. Ensuring continuity of existing financial processes within the new system.
6. Providing ongoing support and training to end users to maximize system utilization and efficiency.

In addition to system implementation tasks, the Senior Financial Analyst will support the work of Budget and Analytics and General Accounting. This position will be responsible for working directly with IWK Health senior leaders (Operations & Medical) to develop and monitor departmental budgets, review financial and statistical variances, build financial forecasts, and progress the Health Centre’s financial objectives.

Through this work, the Senior Financial Analyst will also be responsible for information and analysis to help evaluate all potential opportunities for efficiencies throughout the Health Centre. This includes coordinating financial analysis for various clinical and operational initiatives, ensuring integration of financial, statistical, and clinical data, and providing key insights to both clinical and non-clinical programs on all aspects of accounting and finance.

The Senior Financial Analyst will work to enhance the efficiency and effectiveness of various accounting processes and internal controls through research, documentation, analysis, and evaluation of procedures, processes, and policies. This requires knowledge of accounting principles, healthcare administration, and policies of both clinical and non-clinical areas. Collaborating with all portfolios, this role aids management in establishing effective accounting practices and making sound, evidence-based decisions to maintain an effective control environment.

The Senior Financial Analyst will also be responsible for preparing year-end audit working papers. This includes collaborating closely with departmental Managers and Directors, external audit staff, and other members of the Financial Services team to deliver accurate, timely, and transparent audit results through the preparation of necessary financial statement balances and disclosures.

Your Qualifications

1. Graduate of a recognized accounting diploma or degree program required.
2. CPA Designation or currently enrolled to complete, required.
3. Minimum of five (5) years in accounting and finance roles with knowledge gained in the areas of budgeting, financial reporting, general accounting, financial analytics.
4. Possesses a solid understanding of general accounting and internal controls.
5. Demonstrated ability to create and maintain excellent customer service and strong relationships.
6. Excellent collaboration, verbal and written communication skills.
7. Demonstrated initiative and ability to work with limited supervision required. Ability to prioritize workload and meet tight deadlines.
8. Attention to detail and strong analytical skills are a necessity. Extensive computer skills, particularly with MS Excel required.
9. Strong technical background is an asset, including proficiency tools such as GL WAND or other financial software for data analysis and reporting purposes.
10. SAP reporting experience is considered an asset.
11. Experience in a hospital, government, or non-profit setting and/or with Public Sector Accounting is considered an asset.
12. Familiarity with MIS standards is considered an asset.
13. Competencies in other languages an asset.

Thank you for your interest in IWK Health.

Please note that we only contact applicants selected for interview/testing. If we invite you to participate in an assessment process (such as an interview or testing) you have the right to request accommodation. Please discuss your needs when invited to the assessment process.

This is a Management/Non Union bargaining unit position. Preference is given to bargaining unit employees for unionized positions. Successful applicants changing unions, bargaining units or employment status are advised to seek clarification regarding their seniority, benefits, and vacation entitlement and/or usage prior to accepting the position.

An offer of employment is conditional upon the completion and satisfactory results of all applicable background checks and confirmation of credentials.