Manager Financial Planning and Analysis

Within the context of a client and family centered model of care and in accordance with the Mission Vision and Values and strategic directions of Providence Health Care the person promotes a safe respectful and civil working environment for patients residents families visitors and staff.

Reporting to the Director Financial Planning and Reporting the Manager Financial Planning and Analysis is a key member of the Providence Health Care (PHC) Finance Team and is integral for the succession planning/backup support of the Director Financial Planning and Reporting position. In conjunction with the Director interacts with members of the Senior Leadership Team (SLT) Board Committees Directors operating entities and hospital groups. Responsible for the overall strategic and operational management of all matters relating to financial planning the full cycle budget development and management for PHC multiyear forecasting financial reporting practices information management and business partnership development. Ensures consistencies in related processes and reporting practices. Develops policies procedures and practices and provides expertise in analysis and standardization of policies and practices for Financial Planning services throughout PHC and for Lower Mainland consolidated services within PHC. Develops monitors analyzes and assesses financial and workload performance levels develops business cases and oversees project evaluation and quality improvement. Provides coverage for the Director during absences and jointly assists the Director on PHCwide initiatives relating to organizational restructuring process redesign business systems evaluation and implementation for PHC and in assuring satisfactory services in the areas of Financial Planning. The Manager of Financial Planning and Analysis will lead the team responsible for developing financial models business cases and requests for operational funding related to major new projects and initiative along with Workday Adaptive sustainment and training.

Links PHCs strategic plans into tangible goals and objectives and maintains tight internal controls to ensure that PHC achieves operational and strategic objectives in a manner that complies with legislative frameworks formal audit requirements public scrutiny and generally accepted accounting principles. Develops corporate objectives that set parameters for annual planning and reporting cycles. Serves as a key member of the Finance Corporate Team and several diverse complex program teams for a variety of PHC program service areas.

Coordinates the daytoday operations of the assigned area and supervises and leads designated staff to ensure the effective and efficient delivery of financial planning services throughout PHC.

Education Training and Experience
Masters Degree in Health/Business Administration or Commerce completion of recognized professional accounting designation (CPA) plus seven 7 to ten 10 years of recent related financial planning experience including a minimum three 3 years in a management position within a large organization. Extensive experience with complex computer systems project planning and control.

Skills and Abilities
Demonstrated knowledge of accounting practices trends generally accepted accounting principles (GAAP) financial administrative and contract management and financial evaluation principles and practices. (Knowledge of Public Sector Accounting Standards (PSAS) an asset..

Excellent financial modelling business evaluation and pricing experience.

Demonstrated knowledge of health and business administration including strategic and operational planning monitoring analytical methodology evaluation and reporting expertise in a public sector and/or large complex environment.

Demonstrated ability to direct a variety of cyclical operational budgeting and financial planning processes.

Demonstrated ability to effectively work with others in a consultative/collaborative manner.

Demonstrated ability to communicate effectively both verbally and in writing.

Demonstrated leadership abilities and the ability to achieve results through others.

Demonstrated ability to lead plan direct manage and implement change.

Demonstrated ability to plan organize problemsolve and prioritize work and competing demands/deadlines in a timesensitive multiproject environment.

Demonstrated ability to work independently diplomatically and persuasively to establish and maintain effective working relationships with various partners.

Demonstrated computer literacy including ability to use financial information systems and related software and equipment.

Your daytoday:

The Manager of Financial Planning and Analysis will lead the team responsible for developing financial models business cases and requests for operational funding related to major new projects and initiative along with Workday Adaptive sustainment and training.

1. Assumes a lead organizational role in identifying current and future financial planning strategic issues and directions for clinical and support programs in collaboration with the Director Financial Planning and Reporting Senior Leadership Team (SLT) and Program Leaders.

2. Develops recommendations on short and longrange goals and objectives for the Financial Planning Team; develops communicates and manages the PHCwide financial plans and processes and coordinates the development and integration of individual portfolio financial plans with applicable clinical and clinical support departments.

3. Integrates the various planning elements developed by the Financial Planning Team for PHCwide business decision making including the Annual and Multiyear Operating Plan.

4. Assesses environmental economic conditions recommends and communicates corporatewide assumptions to be employed by PHC for preparing multiyear operating plans and budgets; coordinates the implementation of the annual financial plan into detailed budgets; prepares appropriate planning documents for communication of the annual operating plan and forecasts as required by the Senior Executives Ministry of Health and the Board of Directors.

5. Leads a proactive strategy to deliver a comprehensive patient costing system including providing partners with relevant financial and workload information to support decisionmaking relating to planning strategies opportunities for improved resource utilization and performance measurement.

6. Leads the analysis ongoing enhancement and maintenance of financial/statistical reporting systems and provides leadership to business process improvement and internal and external reporting.

7. Manages and distributes timely information analyzes and assesses current situation trends variances and future requirements gathers and interprets information consults with associated partners and identifies issues that impact strategic directions.

8. Supervises and leads designated staff to ensure the effective and efficient delivery of financial planning services throughout PHC.

9. Promotes staff development and coaches and mentors staff on core financial assessments and skills such as cost/benefit analysis pricing business evaluation priority setting/resource allocation methods risk assessments and business case/briefing note development.

10. Develops implements monitors and reviews policies standards procedures and internal controls to ensure consistent practices and the delivery of effective and efficient financial planning services for PHC.

11. Ensures full compliance with the PHCs policies and procedures and statutory/regulatory requirements and ensures reporting deadlines are met. Reports to the Director on areas of noncompliance with recommendations to resolve these issues.

12. Coordinates and provides business support for clinical and service program changes and special projects throughout the process of planning implementation integration and evaluation of strategies. Oversees and/or prepares and completes business cases operational reviews funding requests to health authorities and environmental scans to identify feasible options and solutions.

13. Coordinates and oversees operations planning and the full cycle PHCwide budget framework development maintenance and reporting by developing workload indicators preparing and reviewing proposed operating proposals and budgets ensuring new approved initiatives are reflected in budgets tracking/monitoring performance of the plan and identifying variances and possible resource allocation changes.

14. Plans and implements operating and capital budgets for the designated portfolio including budget preparation authorization control and reporting of expenditures. Recommends and takes remedial action as required to ensure performance to plan.

15. Directs the preparation of financial planning and reporting to ensure timely and accurate information to the senior executive and Board of PHC the Ministry of Health services and external organizations. Ensures the accuracy and reliability of information including the integrity of data in the processing systems.

16. Establishes and maintains collaborative relationships with clinical programs corporate/support departments government Health Authorities PHC Leadership and other partners.

17. Represents PHC on relevant committees and working groups internally and externally and acts as a liaison between committees and PHC departments.

18. Performs other related duties as assigned.