Financial Analyst II

Full-time
Department: Research

Company Description

The University Health Network, where “above all else the needs of patients come first”, encompasses Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute and the Michener Institute of Education. The breadth of research, the complexity of the cases treated, and the magnitude of its educational enterprise has made UHN a national and international resource for patient care, research and education. With a long tradition of ground breaking firsts and a purpose of “Transforming lives and communities through excellence in care, discovery and learning”, the University Health Network (UHN), Canada’s largest research teaching hospital, brings together over 16,000 employees, more than 1,200 physicians, 8,000+ students, and many volunteers. UHN is a caring, creative place where amazing people are amazing the world.

Job Description

Union: Non-Union
Site: Princess Margarete Cancer Centre
Department: Cancer Clinical Research Unit
Reports to: Financial Business Manager, CCRU
Work Model: On-Site
Grade: N0:06
Hours: 37.5 hours per week
Salary: $64, 974 – $81, 218 annually: To commensurate with experience and consistent with UHN compensation policy
Shifts: Monday – Friday
Status: Permanent Full-Time
Closing Date: May 11, 2024

Position Summary
The Cancer Clinical Research Unit has a mandate to lead and promote clinical research within the PMH Cancer Program through standardization of processes and encouraging a culture of responsibility and accountability in clinical trials. The Financial Analyst 2 will be a key support to the development of clinical trial site budgets for both external sponsored and internally sponsored clinical trials. This Financial Analyst position requires an action-oriented individual, with strong technical skills, good business acumen, and demonstrated problem solving capabilities. The ideal candidate possesses the ability to work with individuals from other areas (hospital service departments, research managers, to achieve objectives combined with the willingness to learn. The analyst will be trained to read clinical trial protocols, and interpret the schedule of events into costing tables to develop study budgets. The analyst will have strong communication skills, with the ability to negotiate in good faith with sponsors, whilst ensuring financial solvency of trials. A keen eye for detail, initiative, and the ability to follow up on items or determine appropriate next steps for timely resolution are key skillsets.

Duties
Working under the direction of the CCRU Finance Manager, the Financial Analyst II will conduct key tasks including

  • Evaluates research protocols to assess resource needs for research procedures, clinical research staff time, investigator time, and costs from ancillary departments.
  • Develops and negotiates initial and amended budgets for clinical trials
  • Identifies and/or researches whether research procedures in the protocol are standard-of-care or research-related costs in order to correctly classify expenses.
  • Produces budget amendment as required.
  • Establishes effective working relationships with cross-functional team(s) and represents the company with external constituents
  • Other tasks as assigned and ad-hoc requests, which may include, but are not limited to, developing accounting system for clinical trials, contributing to business cases for program expansion/consolidation etc., or participating on special committees

Qualifications

  • University degree in Business Administration or equivalent program, required
  • Working towards completion of a professional accounting program (e.g., CPA), or relevant combination of education and experience
  • Previous experience in a healthcare setting, and or research funding an asset
  • Expert knowledge of Excel; strong knowledge of Access and PowerPoint
  • 3 years’ relevant experience
  • Strong analytical and problem solving skills
  • Ability to prioritize
  • Strong verbal and written communication skills
  • Ability to work independently and as a team player
  • Experience with financial modeling, financial and cost accounting and with analyzing and interpreting large quantities of financial and statistical data; systems thinker
  • Client service oriented, with the ability to effectively work with diversity and appreciate that people with different opinions, backgrounds and characteristics bring richness to the challenge or situation at hand

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.

All UHN Employees are required to be fully vaccinated with a COVID-19 vaccine series, approved by Health Canada or the World Health Organization, as a condition of hire. Proof of COVID-19 vaccination will be required. Should you be the successful candidate, you will be required to comply with UHN’s mandatory Vaccination Policy that is in effect.

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.

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