Financial Analyst (Reporting & Analysis)

The Financial Analyst will support the Director of Accounting and EVP Finance in the Reporting, Analysis of a portfolio of Long-Term Care properties. This role will also be hands-on with month-end, preparing journal entries, as well as review/preparation of periodic ministry reporting requirements. The ideal candidate will have a process improvement oriented mindset – being able to assist in improving reporting and develop and monitor key performance indicators.

• Financial Reporting
• Produce monthly financial statements, managerial reports and analysis (variance against budget, various reconciliations and third-party reports)
• Prepare weekly occupancy report and other marketing related reports
• Analysis and recording of revenue from Ministry of Health and Long Term Care.
• Preparation and recording of payroll journal entries.
• Calculation and recording of expense and payroll accruals and allocations as necessary.
• Preparation of other month end adjusting journal entries.
• Communication with accounting and administrative personnel at homes regarding accounting issues
• Prepares and recommends journal entries for areas of responsibility
• Reviews balance sheet with reconciliation of accounts for accuracy
• Prepare year-end audit schedules
• Prepares and submits periodic government reports on a timely basis

• Financial Planning & Analysis
• Analyzes and monitors current and past trends in key performance indicators including all areas of revenues and expenses; highlights trends and analyzes causes of unexpected variance
• Supports the Senior Financial Analyst in ad-hoc analyses and large projects
• Assist in the preparation of annual operating budgets for multiple entities

Qualifications

• 3+ years of working experience in an Accounting, Financial Analyst or related role with hands on experience with financial reporting and exposure to GL reconciliations.
• Completion of, or nearing completion of CPA designation highly valued
• Experience working with large data sets, producing and analyzing a variety of reports is critical
• Experience within the hospitality, real estate, retirement or long-term care industry is highly valued
• Knowledge of unionized payroll, collective agreement would be an asset.
• Strong communication, presentation and stakeholder management skills required
• Analytical skills are key for success in this role – being able to review and interpret financial, operational and transform it into meaningful data for the purpose of strategic decision making.
• Self-motivated, organized, and requires little supervision.

Work environment: Hybrid, 3 days in-office. Office Location Markham (407 & Warden)