Senior Financial Analyst, Business Development & Revenue

Job Responsibility:

Please Note: If you are a current CHEO employee with access to Workday, please apply to this posting via the Workday application as an internal applicant.

To successfully apply for this position, please submit your application by 11:59 pm the day before the advertised closing date in the posting to ensure your application is received.

Ottawa is built on un-ceded Algonquin Anishinabek territory. The peoples of the Algonquin Anishinabek Nation have lived on this territory for millennia and we honour them and this land. Their culture and presence have nurtured and continue to nurture this land. CHEO also honours all First Nations, Inuit and Métis peoples and their valuable past and present contributions to this land.

CHEO is one of the few stand-alone, global leaders in pediatric health and is home to nearly 4,500 staff and physicians dedicated to helping children and youth live their best lives. Within its own walls and through partnerships with community providers, CHEO has transformed from a 20th century acute care hospital into a 21st century integrated child and youth health system. Ranked in the top 1% of Canadian hospitals for the digitization of its clinical infrastructure, CHEO combines excellence in clinical care, research, and education to advance seamless care that's provided where, when, and how it is needed. CHEO's Research Institute is dedicated to world-class clinical, translational, and basic science research covering a wide range of children's health concerns. CHEO has been named as the best place to work in Canadian healthcare by Forbes Magazine and is ranked second among Canadian hospitals on its list of Canada's Best Employers for multiple consecutive years. For the 10th consecutive year in a row, the editors of Canada's Top 100 Employers has recognized CHEO as a top employer in the National Capital Region. Every year CHEO helps more than 500,000 children and youth from Eastern Ontario, western Quebec, Nunavut and Northern Ontario.

POSITION SUMMARY

The Senior Financial Analyst, Business Development & Revenue (BD&R), is a key support to the Lead, BD&R, with an indirect reporting relationship to the Director, Financial Planning & Analysis (FP&A) to ensure alignment with the broader organization's financial policies and processes.

The Senior Financial Analyst (BD&R) manages the financial operations of the BD&R portfolio and works closely with cross-functional teams within the organization to optimize existing revenue generating opportunities, ensure appropriate financial due diligence in evaluating, implementing, and monitoring new revenue generating opportunities, and support required budgeting and financial operational processes.

The incumbent brings critical subject matter expertise related to revenue and profit analysis and is a leader within the BD&R and broader Finance team in planning, coaching, development, implementation, and evaluation to help develop a strong team dynamic. This role is pivotal in providing support for critical decisions for senior management both in the short-term and long-term planning and allocation of resources.

COMPENSATION

$46.54 - $54.74 (hourly)

MAIN RESPONSIBILITIES

• Build and maintain high quality, robust assessments of profitability and risk for new and existing revenue generation opportunities using best practices in financial forecasting and scenario modelling.
• Use subject matter expertise to model financial scenarios to maximize revenue opportunities.
• Assist the Director, Financial Planning & Analysis (FP&A) and broader FP&A team on annual budget development and matters related to revenue generation and profit.
• Establish, document, and communicate standards and procedures in alignment with annual operating plan and budget processes.
• Create, manage and execute monitoring and reporting on the performance of revenue generating activities versus plan. Assess financial risk, perform benchmarking, make recommendations.
• Identify and recommend improvements to the corporate annual operating plan and budget process, in collaboration with the FP&A team.
• Work with the FP&A team to assess and enhance the management reporting tools and processes to include revenue and profit where relevant to ensure organizational fiscal responsibility.
• Ensure the structure and integrity of data stored for reporting purposes.
• Lead projects with a vision to improve automation and efficiencies of processes.
• Develop tools and advise on financial tools and approaches to profit and revenue generation to improve the financial competencies of leaders across the organization.
• Build and nurture internal relationships with clinical and operational leaders, as well as external experts and partners in revenue generation.
• Provide guidance to clinical and operational leaders in financial forecasting, scenario modeling, and financial risk mitigation for specific department initiatives related to revenue.
• Perform work in accordance with the provisions of the Occupational Health and Safety Act and Regulations and all CHEO corporate/departmental policies and procedures related to Occupational Health and Safety.
• Perform other related duties as required and assigned.

QUALIFICATIONS

• Bachelor's degree in Commerce, Finance, Accounting, or a related discipline (Essential)
• Master's Degree in Commerce, Finance, Accounting or related discipline (Preferred)
• Professional accounting designation (CA, CPA, CMA, CGA, CFA) (Preferred)
• Five (5) years of progressive leadership experience in financial forecasting and modelling (return on investment, net present value) (Essential)
• Experience in health care (Preferred)
• Detailed-oriented, strong analytical, organizational and time management skills (Essential)
• Demonstrated advanced proficiency with computer software programs including Microsoft Office Suite (Essential)
• Communicate effectively and concisely, translating complex technical concepts into easily understandable language for non-technical audience (Essential)
• Strong interpersonal skills and proven ability to establish and nurture relationships (Essential)
• Proactive in seeking information, improvements and efficiencies (Essential)
• Previous experience with Workday (our Enterprise Resource Planning (ERP)) (Preferred)
• May be required to sign other documents such as Code of Conduct and policies pursuant to hospital policy and as need arises (Essential)
• Complete mandatory training and refreshers within designated timeframes (Essential)
• Criminal Record Check (Level 1) (Essential)
• Bilingualism (French/English) (Preferred)

Effective March 29, 2021, CHEO will conduct a more comprehensive pre-screening and evaluation process. This process may include more varied and multidimensional testing such as a written test, practical exam, or other assessment. All candidates who meet the essential and preferred qualifications may be tested. Bilingualism (French/English) will be validated by a language proficiency assessment conducted by a third party provider. Candidates will be required to meet the minimum linguistic profile prior to the date of hire.

CHEO is committed to providing a safe environment for staff, patients, and visitors. Consistent with that commitment, all applicants must be fully vaccinated against COVID-19 to be considered for any staff or volunteer opportunities. Applicants are also strongly encouraged to receive their COVID-19 booster shots when eligible to protect against the spread of COVID-19. Upon hiring, presentation of government issued documentation confirming full vaccination must be provided, or presentation of supporting documentation of a valid medical contraindication or other reasonable consideration pursuant to the Ontario Human Rights Code.

CHEO values diversity and is an equal opportunity employer. We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process and welcome interest from all qualified applicants. Should you require accommodation during any phase in the recruitment process, please contact Human Resources at All information received in relation to accommodation will be kept confidential and will be handled in compliance with the Accessibility for Ontarians with Disabilities Act.

We thank all those who apply, however, only those to be interviewed will be contacted.

Job Types: Full-time, Permanent

Pay: $46.54-$54.74 per hour

Expected hours: 37.5 per week

Benefits:

• Company pension
• Dental care
• Employee assistance program
• Extended health care
• Life insurance
• On-site gym
• On-site parking
• Paid time off
• Relocation assistance
• Vision care
• Wellness program

Schedule:

• Monday to Friday

Work Location: Hybrid remote in Ottawa, ON K1H 8L1