Financial Analyst I - University Health Network, Toronto

The opportunity

Are you an aspiring finance professional looking for impactful University Health Network jobs in Toronto? The University Health Network (UHN) is seeking a dedicated Financial Analyst I to join the innovative Tumor Immunotherapy Program at the Princess Margaret Cancer Centre. This permanent full-time role offers a unique chance to apply your accounting expertise within a leading clinical research environment. As a key member of the team, you will contribute to the financial accuracy and efficiency of vital research initiatives, handling essential accounting tasks and managing sponsor invoices.

Your impact

As a Financial Analyst I, you will play a crucial role in the financial operations of the Tumor Immunotherapy Program, ensuring all accounting processes align with UHN policies and sponsor requirements. Your work will directly support groundbreaking clinical research, from managing invoices to reconciling revenues. This position requires a proactive approach to financial management and stakeholder engagement.

• 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.

Skills and experience

To thrive in this finance jobs Toronto role, you will bring a combination of formal education, practical accounting experience, and strong analytical capabilities. The ideal candidate demonstrates excellent communication skills and a commitment to client service within a fast-paced research setting.

• 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.

The team

Join a collaborative environment at the Princess Margaret Cancer Centre, part of the University Health Network, where you will report to the Clinical Research Manager. You'll work closely with Principal Investigators, Clinical Research Coordinators, Sponsors, Contract Research Organizations (CROs), and various Finance teams. UHN is committed to fostering a supportive workplace, offering comprehensive benefits and opportunities for growth, making it an excellent choice for University Health Network careers.

• Competitive offer packages.
• Government organization and a 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.).