Finance Business Partner

Job title: Finance Business Partner

Job description: Who we are

We are an organization comprised of industry thought leaders who are passionate about health data and want to make a difference in the health care field. We are an independent, not-for-profit organization and together with our partners we provide essential information on Canada’s health systems, enabling decisions that lead to healthier Canadians. As a valued member of the CIHI team, you and your work will have a pivotal role in the evolution of Canada’s health care systems.

CIHI is recognized as an exceptional place to work that embraces diversity, respect, integrity, collaboration and innovation.

At CIHI, we recognize what matters to our employees. Some of the benefits of working at CIHI include

• HOOPP Pension Plan (Defined Pension)
• Retirement Planning Program
• Generous vacation days for permanent and long-term contracts
• Work-life balance
• Career Planning Program
• Learning and Professional Development Program
• Flexible benefits program from your first day on the job for permanent and long-term contracts

Why is this role important?

Under the direction of the Manager, Finance Business Partner Services, the Finance Business Partner plays a key role during quarterly, mid-year, year-end and budget reviews by supporting managers and compiling/analyzing the financial activities, overall results and matters of particular interest or importance. The Finance Business Partner is responsible for conducting various financial analyses to support the key finance decision making of the ongoing activities/operations of the organization as well as for preparing financial reports. The Finance Business Partner will develop strong working relationships with the managers they support. As required, liaises with the Accounting Services & Corporate Reporting and Finance Development & Strategic Projects departments.

What you’ll do

1. Acts as a business partner with program areas to assist them with special needs, general inquiries, interpretation of financial statements/reports, including accounting/reporting policies and practices and any other finance related matters. Ensures managers have an understanding of financial performance requirements and provides financial awareness training where necessary. Delivers learning and training programs on key finance concepts, policies, processes, tools and templates.

2. Provides customer service and support to managers, directors and vice-presidents throughout the quarterly, mid-year, year-end and budget cycles. Works with business owners to identify, analyze and summarize significant deviations/important elements and related implications from the approved operating plan and budget (including projections) and recommend potential budget cuts and/or resources reallocation. Based on knowledge of portfolio and assessment of information in file, assists managers with preparation of quarterly accruals.

3. Supports the Corporate Reporting Unit with the consolidation of the corporate financial results and high-level corporate variance explanations.

4. Works collaboratively with program area to prepare financial reports, variance analysis, projections and other documentation related to specific purpose funding and ensures financial information is in accordance with the agreement. Reconciles specific purpose funding financial reports with the general ledger and cost distributions. Prepares journal entries as required.

5. Performs various reviews/analyses as required to support Management’s ongoing operational/financial decision-making (e.g., procurement requisitions, new request for resources, funding proposal, multi-year forecast, cash management, etc.) and enterprise risk assessment. Takes an active role to support Management in preparing the financial aspect of proposals and business cases. Participates in product and service costing.

6. Maintains the cost accounting and financial reporting systems and ensures distribution of labour costs and cost tracking of programs/projects at sources. Performs product and service management analysis.

7. Participates, as required, in the ongoing maintenance and major enhancements of the financial reporting/business system. Recommends efficiencies and participated in the implementation of enhancements.

8. Keeps current with the Generally Accepted Accounting Principles and best practices in order to ensure CIHI’s financial statements and accounting/reporting policies and practices are compliant. Maintains excellent knowledge of CIHI programs and projects.

9. Completes other ad hoc support and analysis, as required.

10. Acts as back-up to other Finance Business Partners during absence.

What you’ll bring to the table

• Undergraduate degree in business administration or commerce and a professional accounting designation are required.

• Three to five years of relevant experience.

• Ability to successfully handle multiple priorities concurrently.

• Strong financial analytical skills.

• Sound judgment, problem-solving and decision-making skills.

• Strong oral and written communication, interpersonal and facilitations skills and a focus on service to internal clients.

• Proven ability to work in a sophisticated computerized environment and proficiency in using spreadsheet applications.

• Experience in the use of Microsoft Office applications including Excel, Word and PowerPoint.

• French/English bilingualism is an asset.

To find out more about this role and other exciting opportunities visit our website at www.cihi.ca and check out our ‘Careers’ section.

We thank all those who apply, however, only candidates selected for an interview will be contacted.

Vaccination remains the most effective tool to reduce the risk of COVID-19. CIHI is committed to ensuring the health and safety of our employees in the workplace, and therefore CIHI requires proof of vaccination for all of our employees unless a valid accommodation under legislation exists.

At CIHI we are committed to fostering an inclusive, barrier-free and accessible environment. Part of this commitment includes arranging accommodations to ensure an equitable opportunity to participate in the recruitment and selection process. If you require an accommodation, we will work with you to meet your needs.

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