Vacancy Detail

Non-Union

Manager - Planning, Analysis & Reporting

File: UNEX-1800001035
Status: Full Time
Location: Lakeridge Health Corporate Office
Program: Finance
Salary: $50.102 - $62.627 per hour

Why join Lakeridge Health?

Lakeridge Health is one of Ontario's largest community hospitals, serving people across Durham Region and beyond. With five hospital sites and four Emergency Rooms, we serve a diverse population. Our dedicated team of health care professionals give their all every day to keep improving the quality of care delivered, drive down wait times, and improve results.

Lakeridge Health (LH) is driven by an ongoing commitment to continually improve the services it provides to best meet the needs of our community. LH continues to build on its strength as a caring and innovative partner in health care for Durham Region. Supported by more than 500 staff members, 700 physicians and thousands of volunteers, LH has an annual operating budget of more than $620M.

Position Description:

The Manager - Planning, Analysis & Reporting is an integral member of the Finance team who works collaboratively with all members of Finance, as well as members of all health care teams across the organization, to enable LH's strategic objectives while ensuring sustainability and minimizing financial risk. Reporting to the Director of Finance, this position is responsible for managing the overall operating budget planning process, monitoring financial performance against plan, multi-year forecasting and long range planning and analysis, benchmarking against peers and internal and external financial reporting.

This position leads a team of Senior Business Coordinators and Analysts and serves as the point of contact between Finance and Operations, supporting the organization by linking performance with the financials and providing management with the necessary evidence based analyses to inform strategic decisions and long range planning. Knowledge of healthcare financial reporting and Heath System Funding Reform (HSFR) funding is critical for the success of this position.

Job Duties:

The Manager - Planning, Analysis & Reporting responsibilities include:
* Manage a team of business coordinators and analysts, while maintaining employee engagement, creating a learning environment and working collaboratively with other members of Finance;
* Manage the operating budget process and facilitate discussions and analyses of risks and opportunities with all levels of management and prepare the final operating plan presentation for Senior Management and the Board
* Utilize benchmarking methodologies to analyze operations and identify areas of potential opportunity
* Coordinate and review the annual HAPS and CAPS submissions and the quarterly SRI and MIS TB submissions and review and analyze the Ontario Cost distribution Methodology (OCDM) report to ensure LH is following OHRS guidelines and optimizing all reporting to secure funding
* Coordinate and oversee the completion of the special program audits and their associated reporting;
* Oversee LH's multi-year operating forecast including HSFR funding and identifying risks and mitigation strategies;
* Coordinate and oversee the preparation of the monthly Financial Reporting package, which includes the interpretation of the financial and statistical results and identification of risks, mitigation strategies and opportunities for Senior Management and the Board.
* Serve as a resource for Operations Management, including Vice Presidents, Directors and Managers, on issues related to budgeting, financial and statistical reporting and analysis and financial management;
* Coordinate the preparation of monthly financial analyses, relative to budget and performance targets, for all LH business units, assist managers to identify, diagnose, and correct department budget variances and identify opportunities to leverage best practices across departments;
* Review, analyze and validate proposed business cases to mitigate undo financial risk to LH
* Participate in various Hospital Committees as a Finance representative and disseminate that information back to the Finance team;
* Keep abreast of changes in MOHLTC, CCO, HSFR, the Ontario Health Reporting Standards (OHRS) and the Canadian Public Sector Accounting Standards (PSAB).
* Prepare ad hoc reports, analyses and presentations for all levels of management and committees
* Cross coordination with other Finance managers and staff and other departments such as Procurement, to review procedures and recommend changes to gain efficiencies while ensuring effective controls are in place.

Requirements:

* Bachelor's Degree and Accounting Designation (CPA, CA, CGA, CMA);
* Minimum of five years of financial planning and reporting experience in a healthcare setting, with demonstrated experience in the areas of financial budgeting, analysis, forecasting and reporting and HSFR and HBAM funding formula;
* Three to Five years of management or supervisory experience;
* Demonstrated extensive knowledge and practical application of Ontario Healthcare Reporting Standards (OHRS), the Canadian Institute of Chartered Accountants (CICA) handbook and Public Sector Accounting Board (PSAB);
* Strong knowledge of and/or certification in MIS Guidelines, and familiarity with benchmarking resources/methodologies;
* Strong change management skills and strategies to support goal achievement;
* Demonstrated ability to lead effectively and create a high performance culture that facilitates growth and development within a team environment;
* Proven effective organizational, planning, assessment and evaluation skills;
* Exceptional communication skills - verbal, written, report-writing and presentations; negotiation and facilitation skills;
* Proficient with Microsoft Office Suite including Excel, PowerPoint, Word and Outlook
* Advanced skills in working collaboratively with a broad range of internal and external stakeholders/partners with a diverse range of needs;
* Team player and team builder;
* Excellent problem-solving and analytical skills including the ability to think strategically and critically;
* Demonstrated commitment to LH core values of Compassion, Innovation, Courage and Trust; and,
* Experience with SAP and Power BI would be an asset

CONDITIONS OF EMPLOYMENT:

This position is open to all qualified staff throughout Lakeridge Health.

The terms and conditions of employment are in accordance with Lakeridge Health's policies and procedures.

Accommodation will be provided in all parts of the recruitment and assessment process as required under Lakeridge Health's Employment Accommodation policy. Applicants need to make their needs known in advance.