Senior Financial Analyst, Accounts Receivable

Status: Permanent Full time
Location: North York, ON. Hybrid 4 days/week on-site.
Department: Finance
Reports To: National Director of Admin and Shared Services

Lifemark Health Group (LHG) is a market leader in customized healthcare solutions. With over 20 years of service excellence, LHG is one of the largest, most trusted, and most comprehensive providers in Canada. As a national healthcare company, LHG employs over 5000 highly-trained clinicians, medical experts and team members in over 300 locations, coast-to-coast, and continues to grow both organically as well as through acquisitions.

Role Overview
As the Sr Financial Analyst, Accounts Receivable, you will be responsible for gathering data and analyzing trends in the Accounts Receivable portfolio across multiple divisions and operating systems. This role will require you to provide data-driven reviews and trends on a daily, weekly, monthly, quarterly, and annual basis. There will also be a requirement to assist in regular or adhoc reporting for end funders based on contractual requirements, and ensure that all documentation and SOPs are kept up to date.

Key Responsibilities

• Maintain and monitor Key Performance Indicators (KPIs) such as Days Sales Outstanding (DSO), Weighted Average Days to Pay, and general payment trends.
• Establish reporting and tools to optimize cashflow to be used by front-line leaders to drive improved AR.
• Prepare and present regular reports on accounts receivable status including 3rd party collections vendors to senior management.
• Conduct reviews and variance analyses between targets and actual results.
• Provide insights into cash flow trends based on funder streams and recommend actions to optimize cash flow.
• Monitor accounts receivable aging reports and identify and report risks or potential issues.
• Understand and communicate the impact of M&A activities on the overall aging reports.
• Outline suggestions to reduce exposure, bad debt, and improve Days Sales Outstanding (DSO).
• Assist in month-end and year-end closing processes for accounts receivable, ensuring deadlines are met.
• Establish and maintain effective and cooperative working relationships with financial teams.
• Ensure regular updates of outlined SOPs and templates as changes arise.

Qualifications:

• Minimum of 3 years in accounts receivable reporting, month-end accounting, and financial analysis.
• Post-secondary education in data analysis or accounting, or equivalent experience.
• Proficiency in Microsoft Office, particularly Excel and PowerPoint.
• Proficiency in SQL and experience with database management systems (e.g., MySQL, PostgreSQL, SQL Server) is an asset.
• Experience with data warehousing and business intelligence tools (Power BI) is an asset.
• Proven track record of analyzing data and presenting actionable insights effectively to leaders.
• High degree of attention to detail, ensuring accurate data review and overview.
• Strong interpersonal and communication skills, both written and verbal.
• Ability to communicate professionally with all levels of the organization.

Lifemark welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. Lifemark promotes equal employment opportunities for all job applicants, including those self-identifying as a member of the following groups: Indigenous peoples, Newcomers to Canada, and Visible minorities.