Jr Financial Analyst

at  Grand River Hospital

POSITION VACANCY : Business Development/ Retail Pharmacy Department
POSITION : REPORTS TO: Business Development/ Retail Pharmacy - Junior Financial Analyst Director Business Development Dotted line to Manager, Financial Accounting and Reporting
HOURS OF WORK: Monday – Friday

QUALIFICATIONS

• Post secondary degree/diploma in Business or Accounting or intermediate standing in a recognized accounting program
• 1-2 years experience dealing with hospital finances and interacting with all levels of management
• General Accounting experience including account reconciliations
• Strong analytical, inquisitive, organizational and interpersonal skills
• Excellent communications skills (written, verbal and presentation skills)
• A high level of computer proficiency in software applications including advanced knowledge of MS Excel, Crystal reporting, ERP systems and business intelligence systems H
• ealthcare industry experience is preferred
• Must be detail-orientedExcellent time management skills
• 
  As part of our commitment to the health and safety of our patients, staff and community from COVID-19, subject to any accommodation required by applicable human rights legislation, Grand River Hospital requires that all staff have received all required doses of a COVID-19 vaccine approved by Health Canada.

• Based in the retail pharmacy space
• Data entry for inventory purchases and review of inventory logs regarding accounting cut-off
• Accounts Payable functions such as posting invoices to the “For Approval” folder and then processing these invoices for payment once they have been approved, etc.
• Monitor and review daily, weekly, monthly sales data and cost of goods sold
• Daily sales tracking / cash management reports and the entry of this data into the GRH database to aid in the monitoring of the retail pharmacies’ performance
• Tracking of prompt payment discounts and other forms of ordinary commercial terms available to the Retail pharmacies owned by GRH
• Provide support for the development of financial forecasting models, etc. that may be needed while conducting a feasibility analysis of any projects or other initiatives
• Preparing annual Inventory count analysis comparing store count to accounting systems and providing commentary on variances • Assist with third party reconciliation as part of the month end reporting process
• Compile data, profile comparisons and generate reports related to current expenses to serve as the basis for the budget planning process for the next financial year
• Prepare month end financial and statistical journal entries with appropriate backup & analysis
• Perform reconciliations and resolve data discrepancies • Provide assistance with month-end reporting
• Assist with financial system maintenance including vendor setups
• Preparation and monitoring of retail pharmacy billing
• Assist in preparing audit response documentation
• Participate in process and procedure documentation • Continuously drive improvements in the organization’s financial reporting processes
• Other information:Other duties as required in the Business development unit with creating dashboards and assisting with monthly reportingContributes to ensuring there is a safe environment for patients, staff and visitors.