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Finance Manager

Extendicare Canada Inc.

This is a Contract position in Markham, ON posted November 21, 2022.

Extendicare is a leading provider of care and services for seniors throughout Canada. Through our network of over 115 senior care and living centres as well as our home health care operations, we are committed to delivering care throughout the health care continuum to meet the needs of a growing seniors’ population in Canada. Our qualified and highly trained workforce of 23,700 team members are united by a dedication to quality care and by our vision of being the best provider of senior care and services in Canada.

This position will be located at our Head Office in Markham, Ontario and will have flexibility for both remote and in-office work based on our hybrid work model.

Position Overview:

Reporting to the Director of Finance and leading a team of analysts, the Finance Manager is responsible for all core accounting processes and FP&A activities for our long term care homes. Primary responsibilities include period end close, financial, management and government reporting, quarterly forecasts and the annual budget.

The Finance Manager will provide key financial leadership and support for various Business Partners, operations in the nursing homes and senior management. The successful candidate will bring critical thinking, intellectual curiosity, a strong attention to detail and a desire to “dig in” to learn the business while being mindful of the strong culture and commitment of the Company to provide care and services to our residents and support our team members across Canada as we “help people live better”.

As the Finance Manager, you will:


  • Collaborate, build, and maintain relationships with Business Partners and operations team
  • Maintain industry knowledge and communicate with government bodies as required
  • Assist in hiring, supervising, mentoring, and retaining skilled team members across the organization
  • Provide insight and technical accounting expertise as required
  • Leverage financial, business, and ERP knowledge to drive process improvements and create efficiencies
  • Develop and monitor business performance metrics
  • Oversee execution of internal control framework for functional area, by continuously evaluating and testing internal controls as required, including identification of improvement opportunities
  • Manage or contribute to special projects as required

Period End Close

  • Coordinate and manage all accounting and operational functions related to period end close activities
  • Review and approve reconciliations and prepaid and accrual journal entries to ensure completeness and accuracy
  • Manage and review business unit balance sheet accounts reconciliations
  • Assist with capital requests and reconciliation process
  • Assess current accounting operations, offer recommendations for improvement, and implement new processes
  • Maintain knowledge of accounting, creditor, regulatory requirements and escalate the potential reporting / accounting / operational impacts and associated issues

Budgeting & Forecasting

  • Lead the preparation of the annual budget for each home
  • Collaborate with various stakeholders (internal & external) to develop and incorporate inputs and assumptions for the budget and forecast process
  • Summarize major forecast changes against prior forecast and budget
  • Highlight any risks and opportunities and report results and actions to executive leadership and other stakeholders as needed

Financial, Management, and Regulatory Reporting

  • Review and enhance management reporting packages which include commentary and supports queries for strategic analysis, variance analysis to budget and prior year, and key KPIs, providing insights to business partners and senior management
  • Work with various Business Partners to develop home level management reporting to provide insights on Home’s financial performance and develop key action plans
  • Represent the company in Ministry or Health agency financial meetings and provide feedback on new funding initiatives and opportunities
  • Oversee government/regulatory reporting, keeping informed of any changes, and ensuring all deadlines are met
  • Support internal and external auditors where required

What You Bring

  • 5+ years of progressive financial leadership experience
  • University degree and a CPA
  • Prior responsibility for large, decentralized multi-location financial operations in organization of similar scale and complexity
  • Excellent working knowledge of the Microsoft Office 365 and experience with large ERP platforms, and utilizing KPI and financial data tools to interpret results (e.g., Power BI, visualization tools) to drive action-oriented objectives to improve operational performance
  • Ability to deliver results and proactively add value across the organization while thriving in a matrix structure
  • Demonstrated track record of building high performing finance teams with an operational focus
  • Experience in health sector, real estate and/or regulated industries beneficial
  • Hands on and committed to getting the job done with outstanding work ethic, in a fast paced, dynamic environment
  • Excellent presentation, verbal, and written communication skills with the ability to articulate complex ideas and financial information/concepts in simple business terms to all levels of management

At Extendicare, we believe that working as a team creates an environment that allows us to reach our potential. We value each team member, encourage equal opportunity for growth and recognize achievement. As a valued member of our team, you can expect:

  • Continuous mentorship, support for life-long learning and growth opportunities
  • Opportunities for advancement and career growth within the organization
  • A rewarding and meaningful work experience where you can enrich your life and the lives of others through your work
  • Employee Family Assistance Program
  • Mentor and provide financial support for CPA program and professional dues
  • A robust benefits package including RRSP matching

In Ontario, Extendicare, ParaMed Home Health Care and affiliated organizations including our partner homes in Extendicare Assist, accommodate the needs of job applicants throughout its recruitment and selection processes in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act. Accommodation needs must be provided in advance. To discuss your needs, please contact the individual noted in the posting


Extendicare recognizes the importance of immunization to protect our residents, patients, team members and visitors from COVID-19. As such, subject to medical exemptions, a condition of employment with Extendicare is requiring that all new hires have received all required doses of a COVID-19 vaccine approved by Health Canada.