Status: Full time, indefinite

Location: Toronto, Ontario or Ottawa, Ontario (hybrid)

Closing date: Open until filled

Salary range: $86,000 to $107,000 per year

CADTH is now Canada’s Drug Agency. Canada’s Drug Agency (CDA-AMC) is a pan-Canadian health organization. We are an independent, not-for-profit organization headquartered in Ottawa, with a satellite office in Toronto. Created and funded by Canada’s federal, provincial, and territorial governments, we’re responsible for driving better coordination, alignment, and public value within Canada’s drug and health technology landscape. We provide Canada’s health system leaders with independent evidence and advice so they can make informed drug, health technology, and health system decisions, and we collaborate with national and international partners to enhance our collective impact.

We are proud to be a 2024 National Capital Region Top Employer. This recognition celebrates our dedication to fostering a work environment that nurtures growth; innovation; and inclusion, diversity, equity, and accessibility (IDEA). It reaffirms our ongoing efforts to create an outstanding workplace where our employees thrive and feel valued.

Most of our employees participate in a hybrid workspace arrangement that allows for flexibility and enhanced work-life balance. We believe in the positive impact of in-person collaboration and the importance of team building. Added consideration is given to qualified candidates who live near our offices and can participate in a hybrid arrangement. Those applying must be located in Ontario, except in rare circumstances where the employment position is remote.

Primary Focus

This position provides essential financial analysis and insights to support leadership decision-making, optimized resource allocation, and the accuracy and integrity of the organization’s financial data.

What do the daily responsibilities look like?

On any given day, the Senior Financial Analyst will:

• conduct first-level reviews of monthly, quarterly, and year-end financial statements, identifying trends, variances, and potential issues impacting accuracy, completeness, and timeliness of reporting
• proactively analyze cost-centre performance against budget, identify potential variances, and recommend forecasting adjustments to optimize resources allocation, collaborating with the Controller to develop clear, actionable insights for leadership decision-making
• collaborate with cross-functional teams to gather relevant information, identify discrepancies, and facilitate timely resolution to ensure accurate and comprehensive financial analysis
• review reconciliations, journal entries, and supporting documentation prepared by finance staff
• prepare the monthly salaries and benefits allocation journal entry, ensuring accurate distribution of costs across programs
• review timesheet data and compare this to the budget, flagging discrepancies and potential adjustments
• participate in the development and review of the organization’s annual budget, providing analysis and historical trend information to support decision-making
• prepare and analyze quarterly reports for external parties in compliance with funding requirements, ensuring timely and accurate submissions
• prepare accurate audit documentation and supporting analyses
• analyze existing financial processes to identify inefficiencies, recommend solutions, and drive continuous improvement
• review the weekly payment run, ensuring accuracy, proper authorization, and compliance with internal policies and procedures, and provide back-up support to the Payroll Specialist during absences, ensuring timely and accurate payroll processing
• prepare ad hoc reports and conduct in-depth analysis to support data-driven decision-making.

Is this the right role for you?

The Senior Financial Analyst will likely have:

• completion of postsecondary education in a relevant area, such as Business Administration or Commerce, and related experience in a financial reporting business environment, which is normally attained over a period of 3 to 5 years; an equivalent combination of education and relevant experience may be considered
• CPA designation or actively working toward certification
• experience reconciling general ledger accounts, performing variance analyses, and preparing and reviewing journal entries
• advanced proficiency in Microsoft Excel, including complex formulas and pivot tables
• exceptional analytical and problem-solving skills, with the ability to identify trends, variances, and potential risks within complex financial data
• solid understanding of not-for-profit financial reporting standards
• excellent written and verbal communication skills, particularly in explaining financial concepts to nonfinance audiences
• demonstrated ability to analyze and streamline financial processes for improved efficiency
• the ability to work well with others in a fast-paced, dynamic environment
• experience working collaboratively, prioritizing, and balancing multiple competing tasks effectively
• the ability to be respectful, approachable, and team-oriented while building strong working relationships and a positive work environment.

What will set you apart?

The following are considered asset qualifications:

• Experience with accounting software (SAGE 300 and SAP Concur preferred)
• Fluency in French.

What’s in it for you?

At Canada’s Drug Agency, you will find:

• a team-focused, supportive, and inclusive work environment
• a competitive compensation package, including participation in the Healthcare of Ontario Pension Plan (HOOPP) — 1 of Canada’s largest and most successful defined benefit pension plans
• a comprehensive benefits package for employees and dependents, including health, dental, life, and travel insurance, a health spending account, and an employee assistance program
• paid time off (including a minimum of 4 weeks of vacation, sick leave and life leave, a December holiday closure, and other leave options)
• opportunities to work with and learn from highly specialized professionals
• personal growth through professional development opportunities, corporate training, and support for continuing education
• a friendly culture that supports community engagement
• the opportunity to make a difference for people living in Canada and effect positive change.

To apply for this position, visit the Careers section of our website. Your résumé must clearly identify how your skills and experience relate to the requirements of this role. Applications for this opportunity may be used for future staffing vacancies. We thank you for your interest; however, only those candidates selected for further consideration will be contacted. Please visit our website regularly for new opportunities.

At Canada’s Drug Agency, we actively celebrate, support, and flourish through our differences. Our employees are people with different strengths, experiences, and backgrounds, who share a passion for building the future of health care. We demonstrate a commitment to IDEA through continuous training, modelling inclusive behaviours, and proactively managing biases. We highly encourage all qualified applicants to apply, including people of all places of origin and religions, people with disabilities, people who are neurodivergent, people who are Black or racialized, Indigenous people, women, and people from the 2SLGBTQ+ community. We also provide accommodations during all phases of the recruitment process. If you require any accommodations during the recruitment process, please let the Talent Acquisition team know when they contact you. We will work with you to meet your needs.

Please note that, as a condition of employment, successful candidates will be required to complete a confidential pre-employment background check, including criminal, employment, and educational verifications.

Candidates must be legally eligible to work in Canada. We regret that we are unable to sponsor employment visas at this time.

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