Financial Analyst

About Stem Health

Stem Health is transforming primary care by fostering thoughtful, relationship-based medical experiences. Physician-led and membership-oriented, their flagship clinic opens in September 2026 at First Canadian Place, Toronto. They prioritize trust, time, and exceptional service supported by data-driven care models.

Position Overview

The Financial Analyst acts as the essential financial coordinator for Stem Health's daily operations. Reporting to the CEO, this role involves managing core accounting functions such as payables, receivables, membership billing, contractor payments, payroll assistance, and accurate financial documentation. As an early-stage opportunity, the position requires building and maintaining the financial systems of a growing private healthcare organization, directly supporting quality care with precision.

Responsibilities

• Manage accounts payable including vendor invoice processing, coding, payment runs, vendor reconciliations, and maintaining audit-ready records.
• Perform monthly bank and credit card reconciliations, resolve discrepancies, and keep the general ledger accurate and current.
• Assist in preparing monthly financial reports, expense summaries, cash flow tracking, and support tax filing coordination.
• Oversee accounts receivable and membership billing activities, including invoicing, payment reminders, reconciliation of billing data, onboarding payment details, and revenue trend analysis.
• Process payments for contractors and support payroll activities, ensuring compliance with regulations, timesheet accuracy, and maintaining contractor and employee records.
• Prepare financial reporting packages with variance analysis for leadership; develop and maintain financial models for budgeting, forecasting, and scenario planning.
• Track key performance indicators related to revenue, costs, utilization, and expenses; manage the annual budgeting process and support strategic financial decisions through modeling and analysis.
• Operate accounting software (QuickBooks) and practice management platforms; streamline financial workflows and develop real-time reporting dashboards.
• Maintain strict confidentiality and adhere to financial and privacy regulations.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, Business, or related field; alternatively, diploma/certificate with equivalent experience.
• Minimum 2 years in accounting or bookkeeping, ideally with experience in financial analysis, budgeting, or FP&A, preferably in healthcare or membership-based sectors.
• Proficient in QuickBooks Online and experienced in accounts payable, accounts receivable, bank reconciliations, and basic financial reporting.
• Skilled in financial modeling, variance analysis, and communicating financial data to non-financial audiences.
• Familiar with payroll and contractor payment processes including compliance with CRA regulations.
• Advanced Microsoft Excel or Google Sheets skills, including pivot tables, visualization, and financial modeling.
• Highly detail-oriented, able to manage multiple deadlines in a dynamic environment with discretion in handling sensitive information.
• Strong interest in healthcare and a collaborative mindset.

Ideal Candidate Profile

An organized and accurate professional who takes pride in balanced financial records and timely reporting. Comfortable creating insightful variance analyses and managing transactional workflows. Adaptable to an evolving organization, prioritizing clear communication, confidentiality, and data integrity.

Why Join Stem Health

• Be part of the founding operations team at a physician-led, membership-focused clinic launching in September 2026.
• Own and establish the financial analysis and accounting function within a growing private healthcare provider.
• Collaborate directly with leadership in a mission-driven, transparent work culture.
• Hybrid work flexibility, headquartered at a prestigious downtown Toronto location.
• Contribute to building groundbreaking financial infrastructure supporting the future of primary care.