Overview
Reporting to the EVP, Finance and Support Services, CFO, CIO, the Director, Finance will primarily manage all operational aspects of the hospital’s Finance department to ensure robust internal control systems, an effective financial management structure, and alignment with strategic goals. The role oversees general accounting, payroll services, cash office, accounts payable, accounts receivable, capital, financial planning and analysis, financial systems, case costing, purchasing, banking and investment functions.
Key Accountabilities
- Manage all operational aspects of the hospital’s Finance department to ensure efficient processing of financial transactions, compliance with internal policies, provincial and federal legislation, and alignment with strategic goals
- Oversee general accounting, payroll services, cash office, accounts payable, accounts receivable, capital, financial planning and analysis, financial systems, case costing, purchasing as well as banking and investment functions
- Prepare and deliver accurate, timely internal and external financial and statistical reports and analyses to support decision-making
- Working closely with CFO and senior leadership, coordinate the annual operating and capital budget processes; oversee resource allocation and monitor variances against approved budgets; recommend redirection of funds as appropriate
- Leads the strategic sourcing, purchasing and supply chain operations; collaborate with business owners to negotiate contracts, manage vendor performance and ensure adherence to provincial / federal trade agreements and internal policies
- Oversee physician contracts payment and monitor compliance against budget and policies
- Prepare accurate cash‑flow projections and long‑term forecasts based on operational and capital infrastructure needs as well as relevant economic factors
- Maintain a case costing system to meet Ontario Case Costing (OCC) submission requirement; promote the utilization of case costing data in the management of operations and influencing funding formula
\>
Establish and maintain robust internal control systems; identify, plan and implement process improvements and / or new financial system(s) to enhance financial operations and drive cost savings or revenue‑generation opportunities
Establish and control an effective financial management structure, including corporate insurance and risk analysis, fund administration and financial records management; collaborate with Enterprise Risk Management to manage legal and regulatory risk, ensure risk insights inform strategic decision‑making and the annual operating planCoordinate financial activities across departments to ensure integrated service deliveryAdvise senior management on financial matters affecting the organization; perform benchmarking; assess business investment opportunities and recommend optimal courses of action; perform due diligence on business investment decisionsKeep abreast of healthcare innovation trends and support the assessment of funding decision on long‑term investment in technology and process improvement to achieve financial sustainability, drive efficiency and better outcomesMaintain strong integration with clinical operations and provide analytical support to clinical and non‑clinical directors and managersCollaborate with Data & Analytics on the development and maintenance of comprehensive business intelligence solutions, integrating financial, statistical and clinical data to create actionable insights that drive strategic decision‑makingCollaborate with Human Resources and Staffing & Scheduling on the administration and oversight of the Human Resources Information SystemLead and manage the annual external audit and any related review processesCoordinate the execution and assist in the planning of internal auditsResponsible for cash‑flow management, maintaining bank and investment manager relationships and negotiating financial arrangements; actively participate in investment portfolio management and review including compliance monitoring, investment return and asset allocationSupport board committees with CFO such as Audit and Compliance Committee and Finance and Quality CommitteeDevelop, implement and evaluate finance‑related policies and procedures as necessary to ensure regulatory compliance and alignment with best practicesProvide organizational leadership and actively participate in membership of external partnership / collaboration to advance the health system and the strategic goals of the organization; participate in provincial working groups as applicable to inform and help shape funding methodologies for mental health careMaintain linkages with government, regulatory, industry and stakeholder organizations related to financial, statistical and clinical reporting and regulationsSupports the financial management and reporting needs as necessary of the Ontario Shores Foundation and Research operationsPerform additional duties as assigned to support the hospital’s goalsManagerial Accountability
Hire, train, supervise and mentor finance and payroll staff; build capacity and support professional developmentAccountable for the output of staff through the setting of departmental goals, performance targets, and support for continuous improvementKnow and ensure that all Ontario Shores policies and the Code of Conduct are observed and applied by staffAssess staff performance and capability regularly and provide constructive feedbackPromote collaboration and teamwork among staffFoster a healthy workplace by embracing diversity, encouraging teamwork, complying with regulations and eliminating harassment and discriminationResponsible for recognizing and reporting patient, staff, and environment safety issues, identify and implement preventative and corrective actions, within the scope of this roleProactively identify and mitigate risk wherever it may arise with a focus on improving patient and public safety, and overall quality of care and serviceEnsure that Ontario Shores resources are used as efficiently as possibleEducation and Experience
Bachelor’s degree (Master’s degree preferred) in finance, accounting, healthcare administration or business administration from a recognized institutionChartered Professional Accountant (CPA) designation requiredMinimum of seven years of progressive leadership experience in senior roles in health care finance, with advanced skills and experience in implementing internal control systems and organization wide budgeting and reporting processes; thorough knowledge of non‑profit and public sector financial and accounting practices and regulationsDemonstrated success in facilitating work teams, program service and planning and quality improvement with integrated organizational dataStrong understanding of financial processes, financial systems, and performance management conceptsStrong analytical, problem solving and critical thinking skills with the ability to identify trends, establish benchmarks and provide credible analysis and business recommendations to senior managementDemonstrated leadership and people management expertise in team recruitment, performance management and staff developmentSelf‑directed and highly motivated with effective communication and interpersonal skills with executives, clinical leaders, external auditors and funding bodiesCollaborative management style which recognizes client needs and contributions and ability to establish strong cooperative working relationships with multiple stakeholdersExcellent judgment with an ability to determine priorities and to respond effectively to competing workload demands in fast‑paced environmentPhysical Demands and Working Conditions
Normal office routines in an office environment. Prolonged sitting with visual and auditory concentration in individual and group meetings. Workflow with interruptions by frequent requests for decision making and guidance. Hours of working may frequently include additional time outside of normal business hours in attendance at meetings and carrying out management responsibilities.
Other Skills
Bilingualism (English / French) an asset
EEO Statement
Ontario Shores is dedicated to fostering equitable employment opportunities and encourages applications from all qualified individuals. We are committed to supporting candidates requiring accommodations and invite you to inform us of any needs during the recruitment process. We welcome applicants who embrace respect and are dedicated to collaboratively cultivating an inclusive environment where everyone feels a sense of belonging. We particularly encourage applications from individuals who have encountered historical or current barriers to equity.
Job Posting Closing
January 29, 2026. Please note any job applications after the closing date will not be considered.
Hiring Rate
Hourly : $72.63 - $85.45
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