The Manager - Funding & Revenue, leads the team that plans, forecasts and maximizes the Hospital's government funding, with accountability for Ministry of Health and Ontario Health funding. The role is a strategic finance partner to senior leadership and the Ministry, and it manages and coaches a team of financial analysts.
Direct reports: Financial analysts, including the funding-focused analyst roles
Hours: Weekdays, days. Periodic evening or weekend hours may be needed to meet tight deadlines or time-sensitive Ministry submissions.
Status: Temporary Full-Time
Summary Of Duties
- Act as the Hospital's lead finance subject matter expert and primary contact for Ministry of Health and Ontario Health funding planning, funding letters and related policy changes.
- Review and interpret all funding correspondence from the Ministry, assess the financial impact on the Hospital, and brief senior leadership on required actions.
- Identify opportunities to maximize funding revenue, and lead briefing notes and business cases that advocate for additional funding.
- Lead and oversee the reporting to the Ministry, ensuring accuracy and compliance with reporting deadlines.
- Present financial results, risks and recommendations to Management, the Board, and government and funding bodies.
- Lead the annual and multi-year budgeting, forecasting and long-term strategic planning processes, with funding assumptions built into each.
- Review performance and financial data, challenge assumptions, and identify and communicate operational and financial risks and opportunities.
- Build and review financial models and business cases, including those for new funding models and initiatives (for example, bundled care), for the Director of FP&A, CFO and Senior Leadership Team.
- Manage, coach and mentor a team of financial analysts, providing direction and oversight and resolving conflicts that arise from competing priorities.
- Continually look for process improvements and creative solutions that drive results.
Skills And Qualifications
- Completed accounting designation (CPA, CA, CMA or CGA), with a business degree.
- Minimum 5 years of related experience, including managerial experience leading professional staff and developing short- and long-term operating plans.
- Working knowledge of government funding, revenue recognition and reporting, ideally Ministry of Health and Ontario Health funding in a healthcare setting.
- Experience coaching, mentoring and motivating staff through persuasion and influence.
- Exceptional planning, organizational and interpersonal skills, with sound professional judgment, initiative, and the ability to set priorities and meet deadlines across multiple responsibilities.
- Excellent written and oral communication skills and a customer-centric approach, with the ability to build strong working relationships with stakeholders at all levels.
- Advanced Microsoft Excel and Office skills, and experience with SAP or another leading ERP system.
- Flexibility to work off-hours in time-sensitive situations.
Preferred
- Experience in a health care environment, including managing Ministry funding letters and submissions.
- Experience with audit and year-end financial statement processes.
