Financial Analyst II

Posted Yesterday
Be an Early Applicant
Toronto, ON, CAN
In-Office
69K-103K Annually
Mid level
Healthtech • Biotech • Pharmaceutical
The Role
Perform month-end close, prepare financial reports, dashboards and variance analysis; support budgeting, forecasting and billing oversight for Laboratory Medicine. Investigate billing discrepancies, improve billing processes, liaise with stakeholders, and provide data-driven financial guidance and modeling to support operational and strategic decisions.
Summary Generated by Built In
Company Description

UHN is Canada’s #1 hospital and the world’s #1 publicly funded hospital. With 10 sites and more than 44,000 TeamUHN members, UHN consists of Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute, The Michener Institute of Education and West Park Healthcare Centre. As Canada's top research hospital, the scope of biomedical research and complexity of cases at UHN have made it a national and international source for discovery, education and patient care. UHN has the largest hospital-based research program in Canada, with major research in neurosciences, cardiology, transplantation, oncology, surgical innovation, infectious diseases, genomic medicine and rehabilitation medicine. UHN is a research hospital affiliated with the University of Toronto.

UHN’s vision is to build A Healthier World and it’s only because of the talented and dedicated people who work here that we are continually bringing that vision closer to reality.

www.uhn.ca

Job Description

Union: Non-Union 
Number of Vacancies: 1
New or Replacement Position: Replacement
Site: 67 College Street  
Department: Clinical Finance
Reports to: Financial Business Manager
Salary Range: $68,932 - $103,109 annually
Hours: 37.5 Hours Per Week
Status: Permanent Full-time
Closing Date: June 12, 2026

Position Summary 

As a key member of the Clinical Finance Team, the Financial Analyst II performs a wide range of professional accounting activities requiring application of advanced professional and competent knowledge of accounting concepts, principles and practices.  This individual works independently under broad direction and within established accounting systems.  The scope of the role includes effective financial planning, performance measurement, and analysis of activities, revenues, and costs. The role works closely with stakeholders (senior management, unit managers, and directors) reviewing, strategizing and making recommendations on Unit/Program financials; preparing and analyzing monthly/quarterly packages to facilitate decision making and financial/activity reporting. The role also supports billing oversight and revenue optimization initiatives within Laboratory Medicine Program (LMP), including process standardization and continuous improvement of billing practices. 

Duties 

  • Prepare accurate and timely monthly, quarterly, and annual financial reports, dashboards, and analysis packages to support leadership in operational and strategic decision-making. 
  • Prepare journal entries, account reconciliations, and other month-end close activities for assigned portfolios. 
  • Conduct monthly variance and trend analysis, highlighting key drivers, risks, and opportunities for senior management. 
  • Review and validate Laboratory Medicine Program (LMP) billing across Epic and external billing systems to ensure completeness, accuracy, and alignment with funding and contractual requirements. 
  • Investigate and resolve billing discrepancies, working closely with operational, clinical, and corporate stakeholders to address inquiries and ensure timely issue resolution. 
  • Support the development, documentation, and continuous improvement of end-to-end billing processes and standard operating procedures (SOPs), including controls and audit readiness. 
  • Identify opportunities to improve billing efficiency, automation, and revenue capture through process enhancements, system optimization, and data-driven insights. 
  • Coordinate the annual operating budget process and maintain rolling forecasts throughout the fiscal year for assigned portfolios. 
  • Provide timely, data-driven insights and financial guidance to support optimal decision-making. 
  • Collaborate with program managers and directors during monthly/quarterly financial reviews; support action plan development and identify cost-saving or revenue-enhancement opportunities.
  • Liaise with corporate finance departments for program such as financial management, activity reporting, case costing, and funding proposals, as well as funding reconciliations and audit requirements. 
  • Participate in ad-hoc clinical and financial projects by providing financial/statistical analysis and strategic insights to drive decision making. 
  • Model and analyze large volume of clinical data to help drive decision making including case volume and personnel planning. 

Qualifications

  • Minimum of 3 years of progressive experience in financial analysis and accounting, preferably within a complex, multi-funded, or healthcare environment.
  • Advanced knowledge of accounting principles and standards, financial planning, and budgeting processes.
  • University degree in Business Administration, Accounting, Finance or equivalent program required.
  • Obtained or working towards the CPA designation.
  • Demonstrated expertise in performing complex data analysis and interpreting large volumes of financial and statistical data.
  • Highly skilled in Microsoft Excel; proficiency in Power BI, SAP, Epic, or similar ERP/clinical/financial systems is a strong asset.
  • Proficient in preparing detailed financial reports, dashboards, and business cases tailored to stakeholders.
  • Practical experience leveraging AI-powered tools (e.g., Microsoft Copilot, Claude Code, or similar) to streamline routine finance tasks such as data extraction, report generation, reconciliation support, or variance analysis; demonstrated initiative in applying AI to improve day-to-day FP&A workflows and reduce manual effort is a strong asset.
  • Strong written and verbal communication skills, with the ability to convey complex financial information clearly to non-financial stakeholders.
  • Demonstrated ability to build effective working relationships and collaborate across cross-functional teams, including operational leaders, clinical staff, corporate finance, and external partners.
  • Exceptional organizational and time management skills, with a proven ability to manage competing priorities.
  • Self-motivated, proactive, and detail-oriented with excellent analytical and problem-solving skills and a solution-driven mindset.
  • Demonstrated understanding of confidentiality, privacy legislation, and internal controls related to sensitive financial data.

Additional Information

Why join UHN?

In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.

  • Competitive offer packages
  • Government organization and a member of the Healthcare of Ontario Pension Plan (HOOPP https://hoopp.com/)
  • Close access to Transit and UHN shuttle service
  • A flexible work environment
  • Opportunities for development and promotions within a large organization
  • Additional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)

Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.

All applications must be submitted before the posting close date.

UHN uses email to communicate with selected candidates.  Please ensure you check your email regularly.

Please be advised that a Criminal Record Check may be required of the successful candidate. Should it be determined that any information provided by a candidate be misleading, inaccurate or incorrect, UHN reserves the right to discontinue with the consideration of their application.

UHN is an equal opportunity employer committed to an inclusive recruitment process and workplace. Requests for accommodation can be made at any stage of the recruitment process. Applicants need to make their requirements known.

We thank all applicants for their interest, however, only those selected for further consideration will be contacted.

Skills Required

  • Minimum of 3 years progressive experience in financial analysis and accounting (healthcare or multi-funded environment preferred).
  • Advanced knowledge of accounting principles, financial planning, and budgeting processes.
  • University degree in Business Administration, Accounting, Finance or equivalent.
  • Obtained or working towards the CPA designation.
  • Demonstrated expertise performing complex data analysis and interpreting large volumes of financial and statistical data.
  • Highly skilled in Microsoft Excel.
  • Proficiency in Power BI, SAP, Epic, or similar ERP/clinical/financial systems.
  • Proficient in preparing detailed financial reports, dashboards, and business cases tailored to stakeholders.
  • Practical experience leveraging AI-powered tools (e.g., Microsoft Copilot, Claude Code) to streamline finance tasks (strong asset).
  • Strong written and verbal communication skills, able to explain complex financial information to non-financial stakeholders.
  • Ability to build effective working relationships and collaborate across cross-functional teams.
  • Exceptional organizational and time management skills, with ability to manage competing priorities.
  • Self-motivated, proactive, detail-oriented with excellent analytical and problem-solving skills.
  • Understanding of confidentiality, privacy legislation, and internal controls related to sensitive financial data.
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The Company
24,490 Employees
Year Founded: 1986

What We Do

University Health Network is Canada's largest research hospital and a public research and teaching hospital network in Toronto, Ontario, known for its scope of research and complexity of cases.

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