The Provincial Health Services Authority (PHSA) plans, manages and evaluates selected specialty and province-wide health care services across BC, working with the five geographic health authorities to deliver province-wide solutions that improve the health of British Columbians. PHSA embodies values that reflect a commitment to excellence. These include: Respect people • Be compassionate • Dare to innovate • Cultivate partnerships • Serve with purpose.
Director, Restricted Funds and Foundations
Regular Full Time
The Director, Restricted Funds and Foundations leads and directs the development, implementation and evaluation of PHSA’s restricted funds. This role oversees the processes to ensure timely, accurate and complete Financial Reporting that is free of material error, compliant with external restrictions and compliant with applicable accounting standards, leads corporate initiated projects, and represent the Finance department on committees and working groups. The Director supports the CFO in leadership development for the division and participates in establishing the goals, objectives and operations of the division to ensure that the PHSA’s broad financial goals are achieved. This position works in partnership with PHSA staff, Ministry of Health and external agencies on matters relating to restricted funding determination, financial accountability and monitoring, policy development and implementation and ensures that restricted funds are disbursed in line with PHSA policies and external funding contracts.
The Director provides leadership and guidance to finance staff and provides guidance and expert advice to the leadership team and others throughout the organization. This position makes decisions and recommendations in an environment where there is a high degree of risk due to the size and complexity of the organization and errors in judgment, decision-making, timeliness and accuracy of reporting have the potential to compromise the long term financial viability of the organization and operating relationships with external funders, the Ministry of Health and other health authorities.
Example of Duties/Accountabilities:
- Leads and directs restricted fund accounting and reporting for the PHSA. Ensures complete, accurate and timely financial reporting of financial data in the general ledger while maintaining the integrity of the system in accordance with the applicable accounting standards.
- Develops, implements and evaluates strategic plans, goals and objectives for area of responsibility, consistent with the mission and strategic plan of Finance, Research and PHSA.
- Develops and recommends policies and procedures relating to restricted funds for Executive and/or Board approval. Implements and administers approved policies and ensures internal controls exist within PHSA.
- Develops and administers restricted funds evaluation processes working across the PHSA and interacting with all levels of staff.
- Provides professional expertise, advice and information to others throughout PHSA and to external agencies through attendance at meetings and preparation of reports. Ensures restricted funds and project reporting and activities meet the requirements of the stakeholders such as external audit, the Ministry of Health Services, MIS/CIHI guidelines and the needs of the PHSA including the CFO, Agency Presidents/Provincial Executive Directors, and Chief Operating Officer/Chief Executive Officer and Board Finance/Audit Committees.
- Oversees the annual reporting of statutory financial information to external agencies and the Comptroller General. Leads government reports such as the Financial Information Act, Public Accounts of BC, and CRA charity returns
- Liaises with external stakeholders such as regional Health Authorities, educational institutions, government, foundations and other external agencies on restricted fund policies and processes. Ensures proper analysis of and accounting for external restricted funding and timely disbursements of funding in accordance with funding contracts. Negotiates and facilitates consensus with external parties as business needs require and ensures priorities are aligned with PHSA’s strategic and financial mandate.
A level of education, training and experience equivalent to a Professional Accounting designation such as a CA, CGA, CMA preferably combined with a Master’s Degree in Business or other relevant field, plus a minimum of 12 years recent, related experience within a large organization with increasing levels of leadership and responsibility.
Advanced knowledge of various accounting frameworks (PSAS, IFRS, Canadian GAAP), excellent technical accounting skills, significant experience in external financial reporting and complex accounting analysis. Customer focused with ability to facilitate and encourage co-operation between diverse operational groups and skill sets. Collaborative leadership skills in working with others to identify issues, design solutions, follow up with action, and evaluate results.
Ability to provide instructions and guidance on specialized subject matters. Ability to develop and maintain effective working relationships with internal and external stakeholders. Excellent staff supervisory skills. Demonstrated judgement, analytical and problem solving skills. Ability to organize and prioritize workload to meet deadlines. Ability to work efficiently under pressure of deadlines and excellent multi-tasking skills. Physical ability to perform the duties of the position.
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Applications will be accepted until the position is filled.
For more information on opportunities with PHSA please visit: http://jobs.phsa.ca
PHSA is committed to employment equity and hires on the basis of merit. We encourage applications from all qualified individuals, including Aboriginal peoples, persons with disabilities and members of visible minorities.