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About the Role

As an integral member of the Tumor Immunotherapy Program, the Financial Analyst I performs entry-level professional and detailed accounting tasks. This role requires basic knowledge and fundamental applications of accounting theory and principles under the direction of the Manager and/or Investigators. The Financial Analyst I will ensure financial transactions are completed accurately, efficiently, and in accordance with UHN policies, clinical trial agreements, sponsor requirements, and applicable regulations.

Responsibilities

Prepare, review, and submit invoices to sponsors, CROs, and funding agencies in accordance with clinical trial agreements, approved budgets, and study milestones.
Monitor invoicing schedules and ensure timely billing for patient visits, study procedures, start-up fees, amendments, close-out activities, and other billable events.
Collaborate with research staff to verify study activity and supporting documentation required for invoicing.
Track outstanding sponsor receivables and proactively follow up on overdue invoices to facilitate timely collection.
Investigate and resolve billing discrepancies, denied charges, payment delays and other invoicing related issues.
Maintain accurate records of invoices, collections, sponsor correspondence and payment activity.
Reconcile sponsor payments to invoices and research accounts and prepare accounts receivable aging reports for management review.
Establishes effective working relationships with cross-functional team(s) and represents the company with external constituents.
Ensures that assigned work is completed in an accurate and timely manner in order to minimize disruptions to department workflow and other staff deadlines.
Support in the development of initial and amended budgets for clinical trials as required.
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.

Requirements

University Degree in Business Administration or equivalent.
Working towards completion of a professional accounting program, preferred – eg. CPA or relevant combination of education and experience.
2-3 years related experience in an accounting environment with exposure to a range of accounting principles, practices and procedures.
Ability to analyze and interpret large quantities of financial and statistical data; systems thinker.
Previous experience in customer service or a customer-facing role.
Previous experience in a healthcare setting is an asset.
Previous experience with research funding is an asset.
Expert knowledge of computer application accounting systems & software applications, preferably in a Microsoft Office environment (i.e., Excel, SharePoint, Word, Access).
Excellent oral and written communication skills.
Demonstrated commitment to excellent client service and satisfaction.
Demonstrated problem solving skills with strong organization and time management skills.
Sound professional judgment, initiative, and the ability to multi-task and meet tight deadlines.
Adheres to confidentiality policy for sensitive financial data and information.
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.
Please ensure you check your email regularly.
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.
Requests for accommodation can be made at any stage of the recruitment process.
Applicants need to make their requirements known.

Skills

Accounting theory and principles
Sponsor invoicing
Accounts receivable monitoring and collection
Clinical trial revenue reconciliation
Invoice processing
Clinical trial site budget development
Financial transaction accuracy and efficiency
UHN policies
Clinical trial agreements
Sponsor requirements
Applicable regulations
Organization
Attention to detail
Managing multiple priorities
Communication skills
Financial acumen
Proactive issue resolution
Stakeholder engagement
Microsoft Office environment (Excel, SharePoint, Word, Access)

Location

Princess Margaret Cancer Centre

Work Type

Permanent Full-Time

Experience Level

Entry level
2-3 years related experience

Education Level

University Degree in Business Administration or equivalent
Working towards completion of a professional accounting program (CPA preferred)

Salary/Compensations

$58,578 - $87,876 per year

Benefits

Competitive offer packages
Member of the Healthcare of Ontario Pension Plan (HOOPP)
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.)

About the Company

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.

Equal Opportunity

UHN is an equal opportunity employer committed to an inclusive recruitment process and workplace.