Senior Financial Business Manager
$121.22k - $151.52k per yearUniversity Health Network
Company Description
Altum Health is a department within the University Health Network with over 300 employees across several sites (Toronto, Cambridge, Barrie, Hamilton, Oakville, Ajax, Mississauga, Vaughan, Brampton, Oshawa, Scarborough and West Park Health Care Centre). We offer a full continuum of prevention, rehabilitation, and health care services to third party payors and individuals, including the Workplace Safety and Insurance Board (WSIB), employers, and insurers.At Altum Health, we believe in providing "The Right Care. Always." by offering client-centered services that address the physical, psychosocial, and behavioral issues related to injury or illness. We actively participate in outcomes data collection, analysis and reporting, continuous quality improvement and the education and training of the next generation of health and service professionals. Altum Health services prevent and manage acute and chronic injury as well as co-morbid conditions and integrate clients back into the workplace and home life. Our services result in positive outcomes and value to our clients and customers.Job Description
Union:
Non-UnionNumber of vacancies:
1New or Replacement Position:
ReplacementSite:
Krembil Discovery Tower (Toronto Western Hospital)Department:
Altum Health - FinanceReports to:
Executive Director of FinanceSalary Range:
$121,215 to $151,518 per yearHours:
37.5 hours per weekShifts:
Monday to FridayStatus:
Permanent Full-TimeClosing Date:
October 13, 2026Position SummaryThe Senior Finance Business Manager is responsible for leading Altum Health's financial planning, reporting, billing operations, and business analysis functions. This role provides strategic financial leadership to support organizational growth, operational excellence, and informed decision-making across multiple sites and service lines. The Manager oversees budgeting, forecasting, financial reporting, revenue optimization, accounts payable collaboration, and insurance billing operations, while leading a high-performing team and driving process improvements, cost savings, and system integration initiatives. Working closely with senior leadership, the incumbent supports both short- and long-term organizational goals and serves as a key financial partner to operational and clinical leaders.DutiesAccurate and timely completion of the program's month end processes, financial reporting to management & clinical business leaders, and managing financial and other information requestsWorks with the department's senior leadership team in the preparation of operating budgets, forecasts, and manages internal and external reporting requirements and relationshipsDevelops timely, accurate and scalable management reporting across geographical sites and lines of business to support effective decision-makingProvides sound and timely information, and financial leadership to business operations, analyzing, strategizing and making recommendations particularly supporting revenue growthProvides leadership to the team of WSIB, Auto and Employee Insurance billing staff to ensure timely billing and collection process in place as well as adherence to established internal controlsLeads the collaborative process between Altum Health and UHN Accounts Payable department to ensure an efficient and timely payment of Altum Health service provider invoicesDevelops, manages and leads projects that will result in cost savings, efficiency and productivity across the organizationSupports the senior leadership with the development, implementation and management of long- and short-term strategies in line with the program's and hospital's goals, mission and valuesMeets regularly with Altum Health Management to review financial results and operational issuesIdentifies accounting issues and recommends the necessary post-closing adjusting entries to be applied to financial statements to rectify issuesLeads integration opportunities between Altum Health systems and processes with the ones within broader UHN FinanceHuman Resources Management:Manages and develops human resourcesDetermines skill requirements and mix of staff.Manages recruitment of staff, as necessary.Establishes and monitors staff performance;
takes appropriate action when performance standards are not metPromotes appropriate participative management style.Provides coaching for staff.Promotes skill development of staff and colleagues to ensure on-going competence.Collaborates with appropriate Human Resources personnel in order to achieve common objectives.Identifies and resolves disputes, concerns and/or problems within the team in a manner that is fair and consistent with Hospital and departmental policies.Performs other responsibilities to support client groups:Contributes financial expertise by being a finance representative on Altum Health and Hospital interdisciplinary teams.Fulfills ad hoc requests made by Corporate Finance, other directorates and/or external parties, as approved by senior leadership.Provides support in interpretation and understanding of financial information, as requested.Provides support to UHN Corporate Finance initiatives as and when requiredQualifications
Completion of an undergraduate degree program, in Business Administration or a recognized equivalent requiredTen years or more related experience in progressive finance or business rolesCompletion of a professional designation (CPA or equivalent) or MBA requiredHighly competent computer skills, including Microsoft Office applications and AI toolsDemonstrates attention to detail, with strong motivational and leadership skillsClient service-oriented, with the ability to effectively work with diverse teamsIn-depth knowledge of financial management and budgeting requiredExcellent verbal and written communication skills requiredExcellent decision-making skills, with the ability to form/defend independent judgment and use good judgment when assessing challenging tasksAbility to take a creative and proactive approach to problem recognition, solving and conflict resolution requiredDemonstrates composure under pressure/stressful conditions and ability to meet multiple and competing deadlinesDemonstrated commitment to continuing education requiredExperience working in a health care environment and conducting audits is an assetExperience in WSIB billing practice is an assetWorking knowledge of SAP is an assetAdditional Information
In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.Competitive offer packagesGovernment organization and a member of the Healthcare of Ontario Pension Plan (HOOPP )Close access to Transit and UHN shuttle serviceA flexible work environmentOpportunities for development and promotions within a large organizationAdditional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.By clicking the link above or any third-party link within this posting, you are leaving this site and going to a third-party website where the third-party website's terms and privacy policy apply
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Altum Health is a department within the University Health Network with over 300 employees across several sites (Toronto, Cambridge, Barrie, Hamilton, Oakville, Ajax, Mississauga, Vaughan, Brampton, Oshawa, Scarborough and West Park Health Care Centre). We offer a full continuum of prevention, rehabilitation, and health care services to third party payors and individuals, including the Workplace Safety and Insurance Board (WSIB), employers, and insurers.At Altum Health, we believe in providing "The Right Care. Always." by offering client-centered services that address the physical, psychosocial, and behavioral issues related to injury or illness. We actively participate in outcomes data collection, analysis and reporting, continuous quality improvement and the education and training of the next generation of health and service professionals. Altum Health services prevent and manage acute and chronic injury as well as co-morbid conditions and integrate clients back into the workplace and home life. Our services result in positive outcomes and value to our clients and customers.Job Description
Union:
Non-UnionNumber of vacancies:
1New or Replacement Position:
ReplacementSite:
Krembil Discovery Tower (Toronto Western Hospital)Department:
Altum Health - FinanceReports to:
Executive Director of FinanceSalary Range:
$121,215 to $151,518 per yearHours:
37.5 hours per weekShifts:
Monday to FridayStatus:
Permanent Full-TimeClosing Date:
October 13, 2026Position SummaryThe Senior Finance Business Manager is responsible for leading Altum Health's financial planning, reporting, billing operations, and business analysis functions. This role provides strategic financial leadership to support organizational growth, operational excellence, and informed decision-making across multiple sites and service lines. The Manager oversees budgeting, forecasting, financial reporting, revenue optimization, accounts payable collaboration, and insurance billing operations, while leading a high-performing team and driving process improvements, cost savings, and system integration initiatives. Working closely with senior leadership, the incumbent supports both short- and long-term organizational goals and serves as a key financial partner to operational and clinical leaders.DutiesAccurate and timely completion of the program's month end processes, financial reporting to management & clinical business leaders, and managing financial and other information requestsWorks with the department's senior leadership team in the preparation of operating budgets, forecasts, and manages internal and external reporting requirements and relationshipsDevelops timely, accurate and scalable management reporting across geographical sites and lines of business to support effective decision-makingProvides sound and timely information, and financial leadership to business operations, analyzing, strategizing and making recommendations particularly supporting revenue growthProvides leadership to the team of WSIB, Auto and Employee Insurance billing staff to ensure timely billing and collection process in place as well as adherence to established internal controlsLeads the collaborative process between Altum Health and UHN Accounts Payable department to ensure an efficient and timely payment of Altum Health service provider invoicesDevelops, manages and leads projects that will result in cost savings, efficiency and productivity across the organizationSupports the senior leadership with the development, implementation and management of long- and short-term strategies in line with the program's and hospital's goals, mission and valuesMeets regularly with Altum Health Management to review financial results and operational issuesIdentifies accounting issues and recommends the necessary post-closing adjusting entries to be applied to financial statements to rectify issuesLeads integration opportunities between Altum Health systems and processes with the ones within broader UHN FinanceHuman Resources Management:Manages and develops human resourcesDetermines skill requirements and mix of staff.Manages recruitment of staff, as necessary.Establishes and monitors staff performance;
takes appropriate action when performance standards are not metPromotes appropriate participative management style.Provides coaching for staff.Promotes skill development of staff and colleagues to ensure on-going competence.Collaborates with appropriate Human Resources personnel in order to achieve common objectives.Identifies and resolves disputes, concerns and/or problems within the team in a manner that is fair and consistent with Hospital and departmental policies.Performs other responsibilities to support client groups:Contributes financial expertise by being a finance representative on Altum Health and Hospital interdisciplinary teams.Fulfills ad hoc requests made by Corporate Finance, other directorates and/or external parties, as approved by senior leadership.Provides support in interpretation and understanding of financial information, as requested.Provides support to UHN Corporate Finance initiatives as and when requiredQualifications
Completion of an undergraduate degree program, in Business Administration or a recognized equivalent requiredTen years or more related experience in progressive finance or business rolesCompletion of a professional designation (CPA or equivalent) or MBA requiredHighly competent computer skills, including Microsoft Office applications and AI toolsDemonstrates attention to detail, with strong motivational and leadership skillsClient service-oriented, with the ability to effectively work with diverse teamsIn-depth knowledge of financial management and budgeting requiredExcellent verbal and written communication skills requiredExcellent decision-making skills, with the ability to form/defend independent judgment and use good judgment when assessing challenging tasksAbility to take a creative and proactive approach to problem recognition, solving and conflict resolution requiredDemonstrates composure under pressure/stressful conditions and ability to meet multiple and competing deadlinesDemonstrated commitment to continuing education requiredExperience working in a health care environment and conducting audits is an assetExperience in WSIB billing practice is an assetWorking knowledge of SAP is an assetAdditional Information
In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.Competitive offer packagesGovernment organization and a member of the Healthcare of Ontario Pension Plan (HOOPP )Close access to Transit and UHN shuttle serviceA flexible work environmentOpportunities for development and promotions within a large organizationAdditional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.By clicking the link above or any third-party link within this posting, you are leaving this site and going to a third-party website where the third-party website's terms and privacy policy apply
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Vacancy posted 1 hour ago
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