Senior Finance Operations Specialist

Senior Finance Operations Specialist

Reports to: Lead, Accounting

Travel Requirements: None

Number of Vacancies: 1

Office Hours: 8:30AM - 4:30PM

HIROC is a trusted healthcare safety advisor, committed to offering a full spectrum of insurance, risk and claims management products and support.

HIROC knows healthcare as its largest not-for-profit healthcare liability insurer in the country, with over 700 healthcare organizations part of the Reciprocal. Combined with sage counsel and risk management solutions, HIROC works with its partners to increase safety.

As a Reciprocal, HIROC is governed by its Subscribers and remains an innovative, agile, and proactive partner. Since its inception in 1987, the not-for-profit has returned over $260 million to the healthcare system. HIROC's 35 years of data is combined with its extensive experience to advise and share learnings, all with the goal of scaling knowledge and increasing safety across Canada’s healthcare system.

One common thread running through HIROC's culture is the feeling of being part of something unique: partnering to create the safest healthcare system - HIROC's vision.

Each employee has the opportunity to find their calling and help build a stronger organization designed to meet the needs of its Subscribers.

As a Top 100 GTA Employer ten years running, HIROC employees are empowered to find solutions and create amazing experiences in service to its Subscribers.

Join us and be part of the team working to make a difference.

Key Responsibilities

• A/P & A/R responsibilities:
  • AP responsibilities: Full cycle management. Participate in end-to-end accounts payable process & vendor management.
  • AR responsibilities: Manage subscriber billing, collections, cash application and aging analysis reporting.
  • Month End Close: Participate in AP & AR month end close activities, ensure accurate expense accruals, reconciliations with subledger and vendor statements, prepare journal entries.
  • Perform daily bank reconciliation and monitor cash balances.
  • Design and monitor key metrics for the management team.
  • Ensure compliance with internal controls to mitigate fraud, ensure accuracy and timely reporting.
  • Supervise & mentor junior team members.
  • Prepare and post monthly journal entries, perform balance sheet reconciliations and accruals related to AP/AR and cash management.
  • Assist in preparation of monthly, quarterly and annual financial statements in accordance with the relevant accounting standards.
  • Perform various analytics on operational expenses to provide insights to the management.
  • Support external audit requests by preparing necessary schedules and working papers.
  • Preparation, filing and remittance of all indirect tax returns.

Knowledge, Skills & Abilities

• Solid understanding of basic accounting principles and advanced proficiency in Microsoft Excel.
• Demonstrated analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Strong knowledge of Excel.

Education, Training & Experience

• Bachelor's degree in accounting or finance.
• CPA designation or equivalent.
• 5-6 years of finance operations experience covering both AP, AR and tax returns with at least two to three years in a supervisory capacity.
• Hands-on experience with ERP systems like Microsoft Dynamics, Business Central, Oracle and specialized automation tools.
• Experience in major system implementations, data migrations and workflow overhauls.
• Advanced Excel skills, working knowledge of Power BI and other reporting tools.
• Experience in process automation and process improvements initiatives.
  • Experience with tools that reduce processing time, e.g. Alteryx, MC Access.
• Problem solving skills, change management capacity & communication skills required to engage with the vendors.

Working Conditions

Working at a computer for much of the day.

HIROC is committed to a hybrid work environment, which includes 2 days per week in office, with departments meeting in person at least two times per month, as per HIROC's Hybrid Work Policy. HIROC's hybrid model provides opportunities for team building, education, leadership development and cross departmental relationship building.

Salary Range

$100,000 - $130,000. The salary range offered for this position will be determined by a variety of factors including the candidate’s skills, competencies, qualifications and relevant experience, in accordance with HIROC's Compensation Policy.

Learn more about the benefits we offer at HIROC by visiting https://www.hiroc.com/about-us/careers

Application Details

In order to be considered for this position, please include a current résumé or detailed qualifications summary with your application. Only those selected for an interview will be contacted.

At HIROC we do not use AI (Artificial Intelligence) or automated screening tools at any stage of our hiring process. Every application is reviewed by our hiring team. If you have any questions regarding our recruitment process, please reach out to our Human Resources Department at HR@hiroc.com.

EEO and Accessibility

HIROC is committed to fostering a climate of equity, diversity, inclusion, and accessibility. HIROC respects the diversity of all members of its community and welcomes applications from those who have demonstrated a commitment to the values of equity, diversity and inclusion. Applications from members of groups that have been historically disadvantaged and marginalized, including First Nations, Métis and Inuit peoples, racialized persons, persons with disabilities, those who identify as women, 2SLGBTQ+, individuals who self-identify on the basis of any of the protected grounds under the Human Rights Code and/or others who may contribute to the further diversification of ideas within its community are encouraged. HIROC is committed to fair assessment of a candidate’s abilities, and consideration for diversity of thought, method, and experience, including non-traditional career paths.

HIROC is committed to providing a barrier‑free environment for all stakeholders, including its participants, employees, job applicants, suppliers, the public and any visitors who may enter its premises, access its information, or use its services. As an organization, HIROC respects and upholds the requirements set forth under the Accessibility for Ontarians with Disabilities Act (AODA) and its associated standards and regulations and will ensure that HIROC offers a safe and welcoming environment that is respectful of each person's dignity and independence.

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