Chief Financial Officer

Location

Sudbury, ON | Canada

Job description

Join Northeastern Ontario’s Health Care Leaders!

A dynamic and growing health care environment awaits you in Sudbury, Ontario. Surrounded by provincial parks and with 330 lakes, Greater Sudbury has over 165,000 residents and is a rich mix of urban, suburban, rural and wilderness environments that offer something for everyone. Just a one hour flight or four-hour drive north of Toronto, here you will experience the balance of a supportive and challenging career environment and a comfortable and affordable lifestyle, right in the heart of Northern Ontario’s largest city.

Health Sciences North (HSN) is seeking an innovative leader for the position of Chief Financial Officer (CFO). Reporting to the Senior Vice President and Chief Operating Officer, the CFO will provide strategic leadership, advice, and guidance to the leadership team, management, and HSN on all matters pertaining to organizational financial goals, objectives and services, data and statistical analytics and procurement while upholding HSN’s mission, vision, and values.

The CFO will lead annual and multi-year operating and capital budgeting processes while providing practical strategic advice supporting HSN in achieving its financial goals and objectives. The successful incumbent will also oversee and deliver a complement of services and functions, including Finance, Decision Support and Materials Management.

The ideal candidate will have a minimum of a Chartered Professional Accountant (CPA) designation and a minimum of five (5) years experience in progressive leadership roles in related fields (finance and accounting), in complex multi-stakeholder environment(s). We are looking for someone with experience leading and implementing initiatives in a program management context, and experience leading successful change through leadership of others and engagement with partners to meet organizational goals. Candidates with a Master’s Degree in Business and experience in health care and/or public sector/not-for-profit are preferred.

If you enjoy working in a fast-paced, team environment and are looking for a rewarding career opportunity, you are encouraged to view the full job description on the HSN Careers Website.

We offer competitive salary and vacation, extended health and dental benefits, and relocation allowance to assist with moving expenses. We provide support through our Employee and Family Assistance Program (EFAP), which is available for all HSN staff and family members regardless of status, position, affiliation, etc.

We also offer Healthcare of Ontario Pension Plan (HOOPP)! All employees are eligible to join immediately upon hire. HOOPP is a defined benefit pension plan, and one of the leading pension plans in Canada. HOOPP is a multi-employer pension plan, meaning it can be transferred between many organizations in the province and is currently offered in over 600 organizations in Ontario. For every dollar an employee contributes to HOOPP, the employer (HSN) contributes $1.26, meaning the plan is 55% funded by the employer, and 45% funded by the employee.

Interested applicants are asked to apply directly to requisition # 5161 on the HSN Careers Website at https://careers.hsnsudbury.ca/. The posting will remain active until March 24, 2024 at 11:59 pm, however the search committee will begin reviewing applicants on March 13, 2024.

KEY FUNCTION:

Provide strategic leadership, advice, and guidance to the leadership team, management, and HSN on all matters pertaining to organizational financial goals, objectives and services, data and statistical analytics and procurement while upholding HSN’s mission, vision, and values.

REPORTING:  

Under the general direction of the Senior Vice President and Chief Operating Officer.

DUTIES:

1. Participate as a member of the Performance Leadership Committee in HSN’s strategic planning process and establishment of the vision, mission, values, and standards of performance for Hospital-wide application.
2. Oversee and deliver a complement of services and functions, including Finance, Decision Support and Materials Management.
3. Lead annual and multi-year operating and capital budgeting processes while providing practical strategic advice supporting HSN in achieving its financial goals and objectives.
4. Lead detailed monthly, quarterly and annual reporting and monitor and forecast HSN’s financial position (i.e. develop and implement appropriate analytical tools for reviewing financial and statistical information to enable effective decision making).
5. Contribute financial expertise and analysis in support of innovative approaches to health system and health funding reform, models of care, procurement and analytics.
6. Focus on quality improvement through ongoing monitoring and implementation of initiatives and remedies to provide high quality financial services and data analytics to all stakeholders.
7. Monitor compliance and produce all required attestations and similar compliance declarations.
8. Lead HSN’s planning and execution of work related to internal and external audits.
9. Direct and monitor policies and procedures related to financial management within HSN.
10. Continue to advance a financial strategy that effectively positions the team as strategic business partners across the Hospital and Health Care System.
11. Identify opportunities to position HSN for future success in Ontario’s evolving landscape of health care funding and service delivery models.
12. Provide strategic and operational leadership regarding financial opportunities and challenges, projected growth and government funding changes, investment and business planning, and risk management initiatives.
13. Manage human resources which include organizational design, recruitment, selection and training.
14. Guide, motivate, monitor and supervise staff, develop standards of performance, evaluate performance and make recommendations on disciplinary action as required.
15. Ensure a safe environment for patients, staff and visitors; investigate report, debrief and take or direct corrective action as required on incidents.
16. Provide hospital wide, on-call coverage for problems and serious issues after hours and on weekends according to scheduled rotation.
17. Oversee the work of others in compliance with the Occupational Health and Safety Act (OHSA), its regulations, and HSN policies.
18. Determine and align improvement projects with HSN’s Strategic Plan; monitor and adjust to achieve goal outcomes.
19. Participate in the accreditation process and work to ensure that the program and HSN achieve, maintain and continually improve upon their accredited status.
20. Engage in and foster professional development of all staff and provide opportunities for learning within budgeted resources.
21. Collaborate with internal and external stakeholders/organizations/community groups to achieve program objectives, integrate and link services and foster partnerships across the continuum of service delivery.
22. Participate in education and training specific to current, relevant federal and provincial health and safety legislation, standards and guidelines.
23. Represent the department or program on various committees and in meetings as required. 
24. Perform other duties as required. 

QUALIFICATIONS

EDUCATION AND TRAINING: 

1. Minimum of a Chartered Professional Accountant (CPA) designation.
2. A Master’s Degree in Business (MBA) is preferred.
3. Ministry of Labour “Worker Health and Safety Awareness in 4 Steps” training certificate is required.

EXPERIENCE: 

1. Minimum of five (5) years’ experience in progressive leadership roles in related fields (finance and accounting), in complex multi-stakeholder environment(s).
2. Experience in health care and/or public sector/not-for-profit is preferred.
3. Experience leading and implementing initiatives in a program management context is required.
4. Experience in the development, implementation, and evaluation of best practice quality and safety initiatives is required.
5. Experience leading successful change through leadership of others and engagement with partners to meet organizational goals is required.

 KNOWLEDGE/SKILLS/ABILITIES: 

1. Demonstrated strong business acumen with solid experience in business management, financial planning, performance measurement and budgeting functions.
2. Demonstrated excellent analytical, problem-solving and decision-making skills with the ability to identify trends, establish benchmarks, and provide credible analysis and business recommendations.
3. Demonstrated knowledge of health care system design, related issues and trends, policies and up to date knowledge of current legislations.
4. Demonstrated collaborative leadership, presentation and effective team building skills across interdisciplinary teams.
5. Demonstrated ability to impact and influence others at all levels.
6. Demonstrated strategic planning, innovative thinking, and implementation skills with the ability to advance a strategic plan through systematic and progressive implementation.
7. Demonstrated ability to coach, advise and teach others using the principles of adult learning.
8. Demonstrated training, experience or utilization of lean methodology for process improvement.
9. Demonstrated ability to independently identify issues, plan improvements, measure success and continue improvement.
10. Demonstrated knowledge of relevant legislation and principles of management, hospital committee structure, conflict management and resolution, system needs analysis and organizational assessment.
11. Demonstrated ability to use tact and discretion in dealing with health care providers and employees.
12. Demonstrated excellent computer skills with proficiency in Microsoft Office software (e.g. Word, Excel, Power Point and Outlook), financial and data analytics software and patient information systems.
13. Demonstrated superior interpersonal and communication skills, both written and verbal.
14. Demonstrated commitment to the safety of co-workers and patients.

 PERSONAL SUITABILITY: 

1. Successful Criminal Record Judicial Matters Check (CRJMC) is required.
2. Demonstrated ability to develop partnerships and collaborative processes across institutions.
3. Demonstrated time management skills with the ability to manage multiple ongoing projects.
4. Demonstrated commitment to ongoing professional development.
5. Demonstrated professionalism in dealing with confidential and sensitive issues.
6. Demonstrated positive work record and excellent attendance record.
7. Ability to meet the physical and sensory demands of the job.
8. Ability to travel between local sites.

Job tags

Salary