Position Overview The Accounting Specialist will work closely with the Finance Team, and provide accounting expertise and financial support to the organization and its decision-making processes. Assumes key responsibilities for the analysis of financial issues and supports the month-end, quarterly and yearly close process. The Accounting Specialist will work with Finance Business Partners, HR, Business Office, Decision Support, Clinical and Non-Clinical programs and ensure the accuracy and integrity of the financial data reported is reflective of the hospital’s current state of operations.

Primary Responsibilities

• Accounting

• Participate in monthly, quarterly and annual close processes

• Perform account analysis and reconciliations and posts adjustments / reclassifications as needed

• Maintain and reconcile schedules for a variety of accounts and reconcile sub-ledger to general leger account balances

• Perform bank reconciliations and update daily bank balances

• Post monthly, quarterly and year-end entries and accruals, prepayments

• Verify cost allocations according to organizations procedures

• Updating of financial reports critical to month-end close; Income Statement, Balance Sheet, Cashflow, Variance by portfolio

• Assist with research and capital (NPCC, PCOP and other) requests

• Assist with the annual external audit

• Financial Planning and Analysis

• Participate in preparation of annual forecasts, budgets and multi-year plans

• Assist in analyzing and interpreting monthly budget variances with actual results

• Provide ongoing support to Directors/Managers of administrative support departments; including the preparation of operating budgets

• Provide information to internal clients relating to statistics, both regular and ad-hoc basis

• Contribute to process improvement by enhancing and developing analysis, models, reports and dashboards by leveraging reporting tools

• Other

• Administrator for all SRM requests and Cost Centre hierarchy updates

• Other ad-hoc duties as assigned by management

Experience

• Minimum five (3-5) years’ progressive experience preferably with hospital healthcare experience
• University degree in Accounting, Finance or Business
• Working towards CPA designation
• Experience analyzing financial data and preparing financial reports, statements and projections
• Experience with SAP, SRM, Cognos reporting tools is considered an asset
• Intermediate to advance excel skills, pivot tables, lookups, SUMIFs
• Ability to prioritize tasks and responsibilities
• Excellent analytical, problem solving abilities
• Strong interpersonal and communication skills (both written and verbal)
• Strong work ethic with a positive, can-do attitude and takes initiative
• All employees of Michael Garron Hospital (MGH), a division of Toronto East Health Network (TEHN) [formerly Toronto East General Hospital (TEGH)] agree to work within the legislated practices of the Occupational Health and Safety Act of Ontario.
• All employees of MGH are responsible to contribute to a transparent culture of patient and staff safety by adhering to and abiding by patient and staff safety policies and procedures set by MGH.
• All employees are accountable for protecting the psychological health and safety of themselves and their co-workers through adherence to MGH's policies and practices.