About the job
Description
Position at Canadian Medical Protective Association
■ SENIOR FINANCIAL ANALYST – MEDICO-LEGAL COSTS
Hybrid – Primary Remote (Ottawa, ON)
CONTRIBUTING TO THE CMPA
The Finance department supports the CMPA’s mission and goals by safeguarding the Association’s assets through accurate and timely recording and stewardship of financial transactions. Providing quality legal services and compensating patients harmed due to medico-legal occurrences to uphold our members’ integrity is central to the CMPA’s mission. Working with both internal and external stakeholders, the Medico-Legal Financial Analysis team provides integrated financial insights and strategies that support the unique objectives and operational requirements of the Association. This team is responsible for strategic financial planning, budgeting and analysis of the Associations two largest expenses: legal costs and compensation to patients.
Position Overview
As part of the Medico-Legal Financial Analysis team, the Senior Financial Analyst provides integrated financial insights and strategies that support the unique objectives and operational requirements of the Association. The Senior Financial Analyst bases these strategies and insights on analysis of medico-legal expenditures, environmental trends, and industry dynamics. As a member of a collaborative team, the Senior Financial Analyst also contributes to the financial planning and analysis that supports decision making at the Association. The incumbent will investigate emerging issues and trends to determine the financial drivers of the Association.
Leveraging their deep knowledge of financial analysis, adherence to internal control principles, technical expertise in analytics tools, and understanding of finance IT systems and processes, the Senior Financial Analyst will transform medico-legal data, both financial and non-financial, into insightful, timely information to support decision-making. The incumbent will work in close partnership with various teams both within the Association and externally to ensure delivery of professional and proactive financial analysis, reports, and forecasts, as well as provide guidance and recommendations to management.
POSITION ACTIVITIES
- Works with both internal and external stakeholders to analyze medico-legal financial expenditures, investigate unusual variances, and provide meaning to data to explain trends
- Prepares insightful reports and dashboards on medico-legal expenditures to aid decision-making and help identify performance gaps
- Partners with internal and external stakeholders to develop forward looking budgets, financial plans, and analysis to support the medico-legal expenditures and provides strategic advice for senior management
- Performs accounting activitie