Financial Analyst I
Union: Non-union
Number of vacancies: 1
New or Replacement Position: New
Site: Princess Margaret Cancer Centre
Department: Tumor Immunotherapy Program
Reports to: Clinical Research Manager
Salary Range: $58,578 - $87,876 per year
Hours: 37.5 hours per week
Shifts: Monday - Friday
Status: Permanent Full-Time
Closing Date: August 14, 2026
Position Summary
As an integral member of the Tumor Immunotherapy Program, the Financial Analyst I performs a range of entry level professional and detailed accounting requiring basic knowledge and fundamental applications of accounting theory and principles under the monitoring and direction of the Manager and/or Investigators. The Financial Analyst I will be responsible for the timely preparation and submission of sponsor invoices, monitoring and collection of outstanding accounts receivable balances, reconciliation of clinical trial revenues, and processing of internal and external invoices for payment, providing support in the development of clinical trial site budgets. Working closely with Principal Investigators, Clinical Research Coordinators, Sponsors, Contract Research Organizations (CROs), and Finance teams, the successful candidate will ensure that financial transactions are completed accurately, efficiently, and in accordance with UHN policies, clinical trial agreements, sponsor requirements, and applicable regulations. The ideal candidate is a highly organized and service-oriented finance professional with strong analytical capabilities, attention to detail, and the ability to manage multiple priorities in a fast-paced research environment. This position requires excellent communication skills, strong financial acumen, and a proactive approach to issue resolution and stakeholder engagement.
Duties
• 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.
• 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
Why join UHN?
In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.
• Competitive offer packages
• Government organization and a member of the Healthcare of Ontario Pension Plan (HOOPP https://hoopp.com/)
• 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.)
Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.
All applications must be submitted before the posting close date.
UHN uses email to communicate with selected candidates. Please ensure you check your email regularly. At University Health Network (UHN), artificial intelligence technologies may be used to assist in the screening, assessment, and selection of candidates for this position.
Please be advised that a Criminal Record Check may be required of the successful candidate. Should it be determined that any information provided by a candidate be misleading, inaccurate or incorrect, UHN reserves the right to discontinue with the consideration of their application.
UHN is an equal opportunity employer committed to an inclusive recruitment process and workplace. Requests for accommodation can be made at any stage of the recruitment process. Applicants need to make their requirements known.
We thank all applicants for their interest, however, only those selected for further consideration will be contacted.
All applications must be submitted before the posting close date.
UHN uses email to communicate with selected candidates. Please ensure you check your email regularly. At University Health Network (UHN), artificial intelligence technologies may be used to assist in the screening, assessment, and selection of candidates for this position.
Please be advised that a Criminal Record Check may be required of the successful candidate. Should it be determined that any information provided by a candidate be misleading, inaccurate or incorrect, UHN reserves the right to discontinue with the consideration of their application.
UHN is an equal opportunity employer committed to an inclusive recruitment process and workplace. Requests for accommodation can be made at any stage of the recruitment process. Applicants need to make their requirements known.
We thank all applicants for their interest, however, only those selected for further consideration will be contacted.
UHN is Canada’s #1 hospital and the world’s #1 publicly funded hospital. With 10 sites and more than 44,000 TeamUHN members, UHN consists of Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute, The Michener Institute of Education and West Park Healthcare Centre. As Canada's top research hospital, the scope of biomedical research and complexity of cases at UHN have made it a national and international source for discovery, education and patient care. UHN has the largest hospital-based research program in Canada, with major research in neurosciences, cardiology, transplantation, oncology, surgical innovation, infectious diseases, genomic medicine and rehabilitation medicine. UHN is a research hospital affiliated with the University of Toronto.
UHN’s vision is to build A Healthier World and it’s only because of the talented and dedicated people who work here that we are continually bringing that vision closer to reality.
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