Maple Manor Nursing Home in Tillsonburg ON is looking for a FINANCIAL MANAGER to join our team.
Reporting to the Executive Director, the Financial Manager is responsible for overseeing the organization’s financial operations. This includes managing internal controls, producing monthly budget results, completing various Ministry of Long Term Care reports, completing annual reporting requirements, preparing for and participating in the annual financial audit, and responding to questions from various managers regarding financial matters.
The Financial Manager provides guidance and assistance to the Accounting Clerk and the Payroll & Human Resources Administrator with regards to the various duties within their positions. Deals with outside agencies with regards to resident receivables such as Public Guardian and Trustee.
THE ROLE
- This is an existing vacancy within our Leadership Team and is a permanent full-time position
- Compensation is commensurate with experience (ranging $70-$80k)
WHAT WE OFFER
- Extensive Benefit package including: Extended Health Care such as prescription drug plan, massage therapist, physiotherapist, naturopath, chiropractor and more!
- Vision Care
- Dental coverage
- Employee and Family Assistance Program
- Life Insurance
- Matched Pension 4%
- Paid Sick Days
- Professional Development Opportunities
ESSENTIAL DUTIES & RESPONSIBILITES
Leadership & Administration
- Provide guidance and leadership to the Accounting Clerk and to the Payroll & Human Resources Administrator
- Provide financial leadership to the Managers and members of Senior Leadership
- Assist Managers and Executive Director with funding applications for various programs
- Provides training for persons working in the Accounting Department
- Assigns duties to persons working in the Accounting Department
- Shares knowledge
Financial Management
- Sets budgets for all funded envelopes and for the apartments at the start of the fiscal year
- Updates budgets monthly for actual expenditures and creates cost vs budget comparisons
- Reviews payroll variance reports on a biweekly basis
- Meets with the Executive Director and Managers to review budget results, budget requests, address overages and how to resolve them, answer questions
- Deliver budget results to the Owners
- Approve or deny budget requests
- Responsible for knowing about the numerous funding envelopes and programs available to the facility including making applications where necessary and applying expenses to the appropriate source
- Reviews all accounts payable and ensures accuracy and posting correctness
- Completes bank reconciliation on a regular basis and investigates any discrepancies
- Reviews outstanding accounts receivable with Accounting Clerks and Executive Director to determine appropriate actions
- Lead for Annual Audit. This includes preparing files and schedules that provide the information to the Auditors in a useful format
- Answer inquires from the Auditors
- Maintain a good working relationship with the Auditing Firm
- Completes reports required by various agencies for the numerous funding sources on schedules set by each agency
- Act as back the back up for all financial functions for the Accounting Clerk and for the Payroll & Human Resources Administrator
- Provides financial information including statements as requested
- Monitor communications from various sources for financial related information and relays information to appropriate recipients
SKILLS AND KNOWLEDGE REQUIRED
- Leadership: Guiding, motivating, and supporting staff to deliver high-quality reports
- Budgeting: Disciplined planning and tracking of income and expenses to keep a nursing home financially sound, compliant, and focused on care priorities
- Software Knowledge: Proficiency with Microsoft office, specifically advanced Excel
- Problem-Solving: Quick and efficient solutions to unique challenges that demand attention
- Clear Communication: Conveying thoughts, decisions, and expectations clearly and succinctly to staff
- Transparency: Maintaining regular communication to increase trust and avoid potential miscommunications
- Exceptional Leadership: Inspiring the team and promoting open dialogue to work in unison providing accurate financial information
- Decision-Making: Gathering data, weighing risks, acting decisively, and reviewing outcomes
- Investment in Growth: Participating in workshops, gaining credentials, and joining peer networks to keep skills sharp
- Mentorship: Pairing experience with potential to spread knowledge and quality
- Resilience: Persevering through challenges and maintaining a positive outlook
EDUCATION AND/OR WORK EXPERIENCE REQUIREMENTS
- Bachelor’s degree in accounting, finance or related field
- Experience in the financial aspects of Long Term Care is a definite asset
- Strong leadership and organizational skills
- Knowledge of provincial and federal regulations related to government remittances
- Knowledge of provincial funding regulations for Long Term Care
- Excellent communication and interpersonal abilities
- Ability to develop and implement policies and procedures
- Strong knowledge of budgeting and financial management
HOW TO APPLY
Submit your resume today for immediate consideration!
Successful applicants are required to provide a current Vulnerable Sector Check, verification of education and proof of 2 step TB test within the last six months.
We would like to thank all applicants. Only those selected for an interview will be contacted.
In the interest of the health and safety of our residents, employees, and greater good of public health, Maple Manor Nursing Home recommends those that wish to work for this organization tohave received all required doses of a COVID-19 vaccine approved by Health Canada.
Maple Manor is an equal opportunity employer that is committed to an inclusive, barrier-free recruitment and selection processes. If contacted for an employment opportunity, please advise Human Resources if you require accommodation.
Maple Manor does not use Artificial Intelligence to screen, assess or select applicants.
ABOUT MAPLE MANOR
Maple Manor Nursing Home, locally owned and operated, is a long-term care facility located in the downtown core of Tillsonburg Ontario. The home is licensed by the Ministry of Health and Long-Term Care and is Accredited through the Person-Centred Long Term Care Community Standards of CARF Canada. The Home is a 101-bed, smoke free facility offering private, semi-private and basic accommodations. In addition, Maple Manor has four temporary licenses for Interim Long-Term Care Home beds through the Aging at Home program. These beds provide a location for residents who would otherwise be kept in hospital while awaiting placement into a Long-Term Care facility.
Job Types: Full-time, Permanent
Pay: $70,000.00-$80,000.00 per year
Benefits:
- Company events
- Company pension
- Dental care
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Vision care
Ability to commute/relocate:
- Tillsonburg, ON N4G 3T8: reliably commute or plan to relocate before starting work (required)
Experience:
- Long Term Care: 1 year (preferred)
Work Location: In person