Director, Financial Reporting

Job title: Director, Financial Reporting

Company: Island Health

Job description: Close DateAug. 19 2024LocationRoyal Jubilee Hospital – Victoria, BC V8R 1J8 CA (Primary)Work Area (FBA Only)Multi-SiteNoTravel RequirementTravel between multiple sites may be requiredShift Start Time/End Time0800-1600Days OffWeekend/StatsVacancy TypeRegular FTSalary Range (Hourly Rate)$65.79 – $94.58Paid FTE1.0Worked BI-WEEKLY HOURS75.0Planned Start DateSep. 9 2024Approximate End Date (For Temporary Assignments ONLY)Pending Return of IncumbentNoCRC required? (employee will be working with or have access to children or vulnerable adults and requires a Criminal Record Check)NoJob DescriptionIn accordance with the Vision, Purpose, and Values, and strategic direction of the Vancouver Island Health Authority (Island Health) patient and staff safety is a priority and a responsibility shared by everyone; as such, the requirement to continuously improve quality and safety is inherent in all aspects of this position.Reporting to the Executive Director, Financial Operations and Reporting, the Director, Financial Reporting provides strategic organizational leadership, planning, decision support and senior level expertise in the financial reporting of Island Health. Primary responsibilities include overseeing the Ministry reporting, external and internal management reporting, financial statement preparation and audit coordination, general accounting, general ledger functions, maintenance of the chart of accounts, tax adherence, and compliance functions for Island Health. This work is carried out within an environment of effective internal control within the context of Public Sector Accounting Standards (PSAS), Generally Accepted Accounting Principles (GAAP), Health Authority Management Information System (HAMIS) Guidelines and Ministry of Health (MoH) guidelines and practices Other key areas of responsibility include a leadership role in assessing and developing the appropriate financial reporting infrastructure for Island Health, standardization of financial reporting, and reporting process improvement.QUALIFICATIONS:Education, Training And ExperienceA recognized Chartered Professional Accountant (CPA) with a minimum of ten (10) years’ senior financial administration and reporting experience in progressively senior roles with a minimum of five years’ related management experience with a proven track record of financial reporting, continuous improvement and experience implementing change with new policies, procedures, practices and systems.Skills And Abilities

• Proven leadership, management, coaching, facilitation, and supervisory experience with an excellent sense of corporate and departmental priority and strong business acumen are critical.
• Demonstrated knowledge of generally accepted accounting principles, financial, administrative and contract management, audit and program evaluation principles and practices.
• Knowledge of PSAS and ability to apply to the creation of the Financial Statements.
• Understanding of HAMIS Guidelines and ability to provide advice on how to adhere to HAMIS while being aware of how other factors may be impacted, such as Sector allocations and Financial Information Act implications.
• Detail oriented to ensure accuracy of reports such as Financial Statements, CEO Expense reports, Financial Information Act reporting and audit confirmations, and payments and remittances including Board of Director payments and remittances/payments for GST, PST, and WCB.
• Proven ability to design, implement and manage complex operational planning, problem solving, financial reporting and business processes.
• High computer literacy with in-depth knowledge of computerized financial systems and advanced spreadsheet and database skills.
• Flexibility and adaptability in a fast-changing, aggressive and entrepreneurial environment with evolving systems and procedures
• Results oriented within a high-pressure working environment with the ability to organize and prioritize workload and meet numerous critical deadlines.
• Demonstrated ability to communicate effectively with co-workers, other health care staff, one-on-one, in groups, including public presentations, and in writing including high quality business documents such as briefing notes.
• Demonstrated commitment to client focused services and teamwork.
• Physical ability to perform the duties of the position.

LEADS in a Caring Environment Framework:Link to Full Job DescriptionAdditional information for applicantsWe are excited to announce an opening for a Director Financial Reporting position with our Financial Operations & Reporting team. The ideal candidate will possess exceptional leadership and technical accounting and financial reporting skills and experience to seamlessly navigate the diverse responsibilities of this highly critical role. If you are a courageous transformative leader focused on inclusivity and equality, highly customer centric, organized, proactive, and adaptable individual who thrives in a challenging, collaborative, and hybrid work environment, we encourage you to apply and join our quest for excellence. We are a committed, passionate, and approachable team who values kindness, curiosity, and courage to doing the right thing, innovate, and grow. We aspire to the highest degree of quality and respect and are empathetic to each individual and bring trust to every relationship. We are embracing our continuous improvement journey and are enhancing how we engage with others in our day-to-day work as a team and as trusted business partners. The Director Financial Reporting is part of the Financial Operations & Reporting senior leadership team and reports to the Executive Director (ED) working collaboratively with the other two Directors on the team in support of transformative change, leadership growth and development, and employee engagement in the delivery of results. The Director Financial Reporting provides strategic organizational leadership, planning, decision support and senior level expertise in the financial reporting of Island Health. • You are a highly motivated Chartered Professional Accountant with strong knowledge and demonstrated expertise of Public Sector Accounting Standards and Financial Controls with a continuous improvement focus working towards efficient, effective and automated processes and procedures in support of a hybrid remote work environment for team members. • You have a depth of experience in financial reporting including public sector financial statements, Statement of Financial Information prepared under the Financial Information Act as well as financial accounting (general ledger entries, reconciliations and other government reporting) and financial systems. • Your team says that you are an inspiring leader, and you enjoy coaching, mentoring, connecting, and collaborating with others, including other CPAs, in support of building a high performing team. You are committed to being a transformative leader demonstrating inclusive leadership practices with a focus on equity and place more importance on getting things right than being right. • You have the ability to build trust and lead change in a thoughtful and holistic way by being dependable, accessible, honest and empowering; you optimize learning opportunities in a remote environment and provide team members the opportunity to be heard and to learn and grow in an equitable way that motivates individual employees and increases engagement. • You are able to build strong working relationships with both internal and external stakeholders and actively participate on cross functional committees and projects providing recommendations and adjusting your approach based on the feedback of others. • You have exceptional project management skills and finance systems knowledge and have been the subject matter expert for the requirements and implementation of financial reporting relating to ERP systems. • You are an effective communicator with ability to facilitate and actively participate in online live meetings and a skilled writer who can communicate clearly and persuasively over email and briefing notes. • You have an entrepreneurial approach to leadership in that you take ownership of all items pertaining to financial reporting including those that require the support of cross functional teams to complete. This includes the oversight over Financial Statements, management reporting, Ministry reporting, other compliance reporting and audit working papers and supporting documents in support of coordinating the work to prepare for the external audit. • You are results focused with a proven track record of executing financial operations with the ability to connect and motivate team members both in person and in a remote working environment, providing them with an understanding of how their work connects to the organization and help to create shared meaning so everyone is on the same page and can successfully complete projects/tasks. • You have the ability to provide regular feedback and give employees meaningful recognition for a job well done. You recognize that fairness means equity and not equality and support employee growth and development focusing on building leadership and technical competencies and providing opportunities that each individual needs in order to thrive. • You excel in change management, organization, planning and time management with a proven ability to prioritize work, handle multiple tasks and deliver results in a dynamic environment. • Your expertise will be instrumental in driving our financial reporting, improving processes, and ensuring the successful enablement of our operational and strategic initiatives.

Expected salary:

Location: Victoria, BC

Job date: Tue, 13 Aug 2024 22:36:13 GMT

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