DUTIES AND RESPONSIBILITIES:
"Lead and manage all financial and volume related components of major capital projects across the organization.
"Develop and monitor dashboards and performance reporting tools that enable effective financial stewardship and accountability in all major capital projects
"Provide comprehensive financial oversight ensuring financial accountabilities for all phases of the project, including planning, approval, construction, and post-construction phases.
"Driving efficiency and sustainability through effective budgeting for each phase of the capital project, including start up, transition, and operating budgets.
"Establish and maintain integrity of Work-in-Process (WIP) accounts aligned to the Ministry of Health (MOH) requirements, including the Final Estimate of Cost (FEC).
"Review accuracy and completeness of financial reporting including Ministry cost reports.
"Collaborate with capital teams to prepare cost share submissions, monitor and revise forecasted project costs and monitor cost share allocations.
"Support preparation, revision, and submission of FEC, incorporating approved MOH cost share percentages.
"Monitor capital project costs including P3 and IO-submitted costs and ensure alignment with Ministry reporting.
"Maintain and update capital Cash Flow models, including forecasting cash position and foundation contributions.
"Maintain Deferred Grant accounts by funding source and oversee transfer to long-term grant accounts upon project completion.
"Lead in ensuring accurate and completeness in financial reporting, including capitalization of assets and amortization of grants in accordance with Public Sector Accounting Standards (PSAS).
"Prepare MOH settlement documentation and support post-contract contingency negotiations.
"Proactively identify financial risks and work collaboratively with cross functional teams to develop mitigation strategies.
"Collaborate with clinical and operational leaders to evaluate new and ongoing capital initiatives
QUALIFICATIONS:
"Bachelor's Degree in Finance or related discipline required;
"Accounting Designation (CPA, CA, CGA, CMA) and/or Master of Business Administration preferred;
"Minimum of five years of financial analysis and reporting experience in a healthcare setting, with in depth understanding of hospital finance and funding formulas in Ontario;
"Demonstrated extensive knowledge and practical application of Ontario Healthcare Reporting Standards (OHRS), Ontario Case Costing Initiative (OCCI), and Public Sector Accounting Board (PSAB);
"Strong knowledge of and/or certification in MIS Guidelines, and practical experience with benchmarking resources/methodologies;
"Previous experience with Ministry capital projects and expert knowledge in Public Private Partnerships would be an asset.
"Knowledge of Ontario's Hospital Capital Planning and Policy Manual, and Capital Cost Share Guide would be an asset.
"Experience with SAP and Power BI would be an asset.
"Proficient with Microsoft Office Suite including Excel, PowerPoint, Word and Outlook;
"Expert financial modelling skills to facilitate accurate and concise reporting of the project and multiple stakeholder reporting needs.
"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 ability to effectively engage stakeholders, understand business objectives, develop performance metrics and design analytical tools/reports tailored towards stakeholder needs while drawing valid conclusions;
"Exceptional communication skills - verbal, written, report-writing and presentations; negotiation and facilitation skills;
"Support change management efforts to ensure successful adoption of new processes.
"Promote a culture of accountability, data-driven decision-making, and continuous improvement.
"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;
"Cross coordination with other Finance managers and staff and other departments to review procedures and recommend changes to gain efficiencies while ensuring effective controls are in place.
"Providing cross coverage to finance management team.
"Excellent problem-solving and analytical skills including assessment and evaluation skills and the ability to think strategically and critically;
"Demonstrated commitment to our core values of Inclusion, Compassion, Innovation, Teamwork and Joy;
"Demonstrated understanding of and commitment to Lakeridge Health's comprehensive safety program and practices including staff, patient, and environmental safety and participation in regular in-service education in this area.
At Lakeridge Health, we value inclusion and diversity. We are committed to fostering a culture that is respectful, inclusive, and accessible. We are committed to employing a workforce that is representative of the diverse community we provide services to and welcome applications from all qualified applicants from all backgrounds.
Accommodation will be provided in all parts of the recruitment and assessment process in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). If you require any accommodation at any point during the application and hiring process, please contact recruitment@lh.ca .
Unless specifically stated, all job postings at Lakeridge Health are to fill existing vacancies within our organization. Lakeridge Health may use artificial intelligence (AI) tools as part of the recruitment and screening process. A member of our Talent Acquisition team is actively engaged in the Recruitment and Selection process to ensure a fair and thorough assessment of applicants.
Lakeridge Health thanks all those who apply, however, only candidates considered for an interview will be contacted.
CONDITIONS OF EMPLOYMENT:
The terms and conditions of employment are in accordance with Lakeridge Health's policies and procedures.
Lakeridge Health thanks all applicants, however, only those selected for an interview will be contacted.
Successful External applicants must provide a satisfactory Criminal Investigation Reference for the vulnerable sector, dated within the past six (6) months.
Lakeridge Health is committed to providing a safe and healthy work environment for all team members and patients. New Lakeridge Health team members will be required to complete a Pre-employment Health Assessment as a condition of employment.
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