Director, Corporate Finance & Transformation

💰 ₹18,000 - ₹28,800 (Est.) 📍 Toronto 🕐 6 days ago

Job Description

About SickKids

Dedicated exclusively to children and their families, The Hospital for Sick Children (SickKids) is one of the largest and most respected paediatric healthcare centres in the world. As innovators in child health, we lead and partner to improve the health of children through the integration of healthcare, leading-edge research and education. Our reputation would not have been built – nor could it be maintained – without the skills, knowledge and experience of the extraordinary people who come to work here every day. SickKids is committed to ongoing learning and development, and features a caring and supportive work environment that combines exceptionally high standards of practice.

When you join SickKids, you become part of our community. We share a commitment and determination to fulfill our vision of Healthier Children. A Better World.

Don’t miss out on the opportunity to work alongside the world’s best in paediatric healthcare.


Position Description

The Director, Corporate Finance & Transformation provides vision, direction, leadership, support and guidance for the Corporate Finance and Transformation portfolio while supporting the Hospital¿s vision, strategic directions and values. Working in conjunction with the VP/CFO, and other Finance Directors, provides leadership to teams responsible for:
Corporate Finance

Consolidated financial accounting and reporting of the Hospital
Capital budgeting across the Hospital (> $100 million annually)
Financial stewardship of the Hospital re-development project (Project Horizon)
Financial oversight of the Hospital¿s pension and investment funds
Billing and accounts receivable functions for the Hospital
Full-cycle accounting and budgeting services for the Hospital¿s external entities

Finance Transformation

Responsible for the strategy for Finance systems in conjunction with IMT. Ensure that information systems are being used optimally and updated as required
Ensure that Finance is appropriately represented in the overall Enterprise-wide Data Strategy and is aligned with other systems and data sets
Responsible for reviewing and ensuring that the internal control environment is adequate to safeguard assets and information
Develop and deliver finance literacy training for all levels of SickKids staff
Maintain currency on Finance Policies and Procedures
Maintain currency on My Finance Intranet
Conduct operational reviews of business processes leading to process improvements
Share best practices across Finance departments
Develop and implement a comprehensive employee engagement strategy to enhance the level of employee satisfaction across the Finance Department
Ensure opportunities for professional and leadership development are available and promote an environment that supports excellence and continuous learning

Here¿s What You¿ll Get To Do

Lead all consolidated financial reporting for the Hospital both internally and externally (including Hospital Operations, the Research Institute and Commercial Ventures)
Lead consolidated multi-year reporting and financial outlook to drive key strategic decision-making at the Board-level
Oversee 4 annual external audits including for the Hospital, Hospital Pension Plan, SickKids Community Mental Health (CCMH, CCMH LI) and the CCMH Pension Plan, ensuring accuracy and completeness of Annual Audited Financial Statements
Working together with other Finance leadership team members:
Lead annual and multi-year planning processes for Hospital capital projects resulting in annual capital > $100 million per year and multi-year financial outlook. Primary internal users of plans are Directors, Executives, Finance & Audit Committee and Board of Trustees. Primary external users are SickKids Foundation, Credit Rating Agencies, Banks and Ministry of Health
Recognize and escalate financial and operational issues and opportunities for capital funding to Senior Management
Present financial results to Hospital Managers and Directors, Senior Management and the Finance & Audit Committee of the Boards (SickKids, CCMH and CCMH LI)
Oversee all accounting, reporting and operational functions of the Hospital Pension Plans (including external entities) as well as the Investments held by the Hospital and SickKids Foundation
Oversee the Pension, Investment, and Trust Funds of SickKids and the SickKids Foundation
Provide leadership for investment reporting to the Investment & Pension Committee of the Board including Risk Profile
Ensure banking covenant compliance, credit facility monitoring and banking relationship management
Oversee performance management monitoring of Investment Managers for both the Hospital and SickKids Foundation
Lead cash flow management and forecasting including short-term investments
Oversee the Accounts Receivable function for the Hospital, ensuring timely billing and collections and enhancing performance through KPI and other metric monitoring
Implement collection policies that balance fiduciary needs of the Hospital with patient and family sensitivity
Director of Finance for SickKids Centre for Community Mental Health, working closely with the Executive Director leads to oversee all financial accounting, reporting and budgeting for the Centre
Oversee all financial accounting, reporting and budgeting for all other external entities including Kids Health Alliance (KHA) and Boomerang
Evaluate and recommend improvements to financial controls, processes, and systems
Provide leadership for selected projects in partnership with others across the Hospital (i.e. myFinance upgrades, Qlik Financial Applications, etc.)
Provide leadership, support and direction to staff to ensure high standards of accountability and service
Ensure opportunities for professional and leadership development are available and promote an environment that supports excellence and continuous learning
Responsible for recruitment, performance monitoring and disciplinary actions
Drives processes such as policy development and maintaining a strong internal control environment.
Lead the continuing development of portfolio process improvement initiatives, working with VP Finance/CFO and Director, Finance ¿ Hospital Operations to develop and implement a finance transformation roadmap
Collaborate with, support, report to and build relationships with key internal and external stakeholders including Hospital Directors, Senior Management and Board members, SickKids Foundation, external and internal auditors, Ministry of Health, external entities and associated partners, banks and regulatory bodies, credit rating agencies, investment managers, CRA and actuaries

Here¿s What You¿ll Need


Bachelor¿s Degree in Commerce, Finance or Accounting
Chartered Professional Accountant
Min.10 years in finance, including 5+ years in a leadership role
Min. 10 years managing professional staff
Established credibility as a visionary leader with the ability to engage, inform and influence
Exemplary skills building strategic capabilities to influence long-term priorities and areas of focus with targeted partners and make projections through insights and understanding of external forces and long-term health market trends and future expectations
Excellent team building, relationship building and communication skills to build trust and confidence across all organizational levels in an ambiguous, fast-paced environment where there are multiple and often highly contentious priority issues that must be addressed
Exceptional negotiating, influencing and consensus building skills with both internal and external partners while fostering a purpose-driven culture of excellence
Demonstrated analytical, business acumen, problem-solving and decision-making skills with the ability to identify trends, establish benchmarks and provide credible analysis and business recommendations
Solid strategic thinking and transformational leadership skills, including conducting systems, business and risk assessments utilizing quantitative data and analytics
Flexible and self-directed with the ability to manage competing priorities during periods of rapid change and transition
Exemplary communication, interpersonal and listening skills; strong consulting, counseling, and facilitation skills; solid sense of integrity, confidentiality, tact and discretion
Strong planning and organizational skills in a complex, multi-tiered organization with the ability to influence and lead evolutionary change with and through multiple partners and influencers
Demonstrated commitment and actions in advancing equity, diversity and inclusion objectives

Asset

Healthcare/hospital experience is strongly preferred
Here's What You'll Love

This position is eligible for employee benefits coverage including but not limited to; health, dental and life insurance. The full benefits package will be discussed at the time of offer.
A focus on employee wellness with our new Staff Health and Well-being Strategy. Self-care helps us support others.
A hospital that welcomes and focuses on Equity, Diversity, and Inclusion.
The opportunity to make an impact. Regardless of your role or professional interest, you will be making a difference at SickKids and contributing to our vision of Healthier Children. A Better World.
For more on why you'll love working at SickKids, visit our careers site.
Employment Type

35 hr. week
1.00 FTE - Full-time permanent
Hybrid
Important ¿ please disclose dollar amount of budgets and assets managed in your application.

Our Commitment to Diversity

The children and families we care for are from a variety of communities, and so are our employees. We welcome and encourage everyone to join our organization and be part of our team.

When requested, SickKids will provide access and inclusion supports to eligible candidates to support their full engagement during the interview and assessment process. Information received related to access or inclusion will be addressed confidentially.

Thank you for your interest in joining SickKids. Only those applicants selected for an interview will be contacted. In accordance with our Hospital policy, employment at SickKids is conditional upon the Hospital's receipt of all necessary documentation.

How to Apply

Tip: Combine your cover letter and resume into ONE document of 20 pages or less as you cannot upload multiple documents as part of your application.

If you are still experiencing technical difficulties please email [email protected] to send us a short description of the issues you are experiencing. Please note that we will not accept resumes sent to this inbox but we are happy to respond to requests for technical assistance.

💡 Quick Summary

Seeking a career-building opportunity? The Director, Corporate Finance & Transformation position is now open for candidates interested in the Operations Executive Jobs sector. This role in Toronto offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Operations Executive Jobs is a plus.

Sponsored

Job Details

Company Name: SickKids

Frequently Asked Questions

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The expected salary for Director, Corporate Finance & Transformation in Toronto is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Director, Corporate Finance & Transformation is an on-site position based in Toronto. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Director, Corporate Finance & Transformation. Previous experience in Operations Executive Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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