Financial Analyst, Financial Services

Required Position

Full-Time Appointment

Responsibilities

This position works within the Financial Services Department and works in partnership with the Director of Accounting and Reporting. The position supports the work of managing the Finance function throughout the University. The Financial Analyst performs a broad scope of professional accounting activities to support the day-to-day operations of the Financial Services Team.

The successful candidate will:

Perform Complex Financial Analysis and Reports

• Provide support to the Managers within Finance for regular recording analyzing and reporting of accurate finance related data to support the University’s financial position. Each Finance Manager provides support in a number of areas such as Treasury, General Accounting, Capital Projects, Financial Reporting, Endowment and Trust, Research Administration, Miscellaneous Accounts Receivable and Student Accounts Receivable. Analysts assigned to each area will have similar type duties tailored to the area they are assigned to;
• Prepare complex financial analysis and reports on a broad range of activities. This could include reporting to granting councils, provincial government agencies, significant donors to the University or required reporting to the Committees and Board of Governors etc.;
• Analyze and reviews accounts to ensure accurate reporting of transactions and acts upon variances and anomalies in a timely manner.

Process Accounting Transactions

• Process routine accounting transactions including journal entries, account transfers, bank deposits, credit card transactions, allocations, adjustments and account write offs etc.;
• Review transactions to ensure they are in compliance with University Policies, Collective Agreements and Generally Accepted Accounting Standards;
• Identify accounting issues, process issues and make recommendations;
• Develop macros to produce large volume transaction analysis and adjustments. (I.e. transfer of segregated funds, etc.);
• Perform standard year-end accruals and adjusting entries as required for specific accounts.

Adhere to University Policy and Governing Funding Agreements

• Create new cost centres and ensure they are established in compliance with COFO Reporting Standards and established definitions for each Fund;
• Be familiar with unique reporting requirements for each funding source and ensure transaction reporting is in adherence to specific agreements;
• Assist in the development of new procedures and features to enhance the workflow of the department.

Miscellaneous

• Provide training and assistance to new employees as required in similar or lower level positions;
• Provide support and assistance to the Manager in the departmental functions and other duties as assigned or required.

Qualifications

• Honors undergraduate degree (4 years) in Commerce, Finance or Accounting;
• Minimum of 2-3 years’ experience in a related field;
• Progress towards the completion of a professional accounting designation (minimum of 2nd year level);
• Provincial or other Vocational or professional certification;
• Ability to work fluently, orally and in writing, in both official languages, French and English;
• Specialized skills or training required:
  • Computerized accounting /financial systems;
  • Knowledge of Ellucian-Colleague preferred;
  • Advanced level Excel skills required;
  • Internet based research skills;
  • Strong communication skills, both oral and written;
  • Ability to work cordially with people of different backgrounds;
  • Strong analytical, problem solving and organizational skills;
  • Ability to work independently with minimum supervision;
  • Ability to work with deadlines and must have a positive attitude, enthusiastic and have a high level of concentration;
  • Knowledge of University Financial Policies would be an asset.
  
  

The official University hours of operation shall be from 9:00 a.m. to 4:30 p.m., Monday through Friday, during, and including, the months from September to April, and from 8:30 a.m. to 4:00 p.m Monday through Friday during and including May to August., amounting to thirty-three and three-quarter (33.75) hours per week.

Effective May 1, 2022 the Policy and Program on COVID-19 Vaccination are placed in abeyance.This means the Policy and Program on COVID-19 Vaccination are paused at this time; however, they are not canceled and could be reinstated at a future date if public health conditions warrant it, or through guidance from federal, provincial or local public health authorities. The evolution of the virus and the course of the disease activity are difficult to predict and it may be necessary to reinstate the Policy in full or in part, on short notice. When the Policy and Program on COVID-19 Vaccination are paused, persons entering Laurentian’s campus will no longer be required to provide proof of vaccination in order to attend campus.

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Applications will only be accepted through our online form.