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Financial Analyst
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Vancouver, Canada The University of British Columbia Full timeremote type: This position is eligible for a hybrid work arrangement, however, may be subject to change due to operational requirements.Staff - Non Union### ## **Job Category**M&P - AAPS## **Job Profile**AAPS Salaried - Accounting, Level C### ## **Job Title**Financial Analyst### ## **Department**Endowment Finance | Financial Reporting | Financial Planning...
Financial Analyst
1 hour ago
Job TitleFinancial AnalystJob CategoryStaff - Non UnionDepartmentEndowment Finance | Financial Reporting | Financial Planning and Reporting | Office of the Comptroller | VP Finance and OperationsCompensationCompensation Range: $7,283.75 - $10,474.08 CAD MonthlyThe Compensation Range is the span between the minimum and maximum base salary for a position. The midpoint of the range is approximately halfway between the minimum and the maximum and represents an employee that possesses full job knowledge, qualifications and experience for the position. In the normal course, employees will be hired, transferred or promoted between the minimum and midpoint of the salary range for a job.Posting End DateFebruary 8, 2026Note: Applications will be accepted until 11:59 PM on the Posting End Date.Job End DateOngoingAt UBC, we believe that attracting and sustaining a diverse workforce is key to the successful pursuit of excellence in research, innovation, and learning for all faculty, staff and students. Our commitment to employment equity helps achieve inclusion and fairness, brings rich diversity to UBC as a workplace, and creates the necessary conditions for a rewarding career.JOB SUMMARYThe Financial Analyst is responsible for performing senior level financial reporting, accounting and analysis functions in the VPFO, Financial Reporting department to support the Endowment and General Accounting functions. This role is responsible to prepare accurate information for the various statutory reporting requirements including quarterly and annual reporting to the Province of BC and the Board of Governors and annual filings to the CRA and the IRS. This position is primarily responsible for the accurate and timely reporting of UBC’s financial instruments including endowment and operating investments, debt instruments and various lending arrangements. This position plays a significant role in supporting the Associate Director, Financial Reporting as well as supporting other finance managers in providing expert analysis and presentation support for Executive and Government reporting.ORGANIZATIONAL STATUSThe Financial Analyst reports to the Manager, Financial Analysis and supports the finance managers for Endowment and General Accounting. Work is done in collaboration with the Board of Governors, Comptroller, Assistant Comptroller, Budget and Planning Office, Internal Audit, external customers and agencies including, provincial government, IRS and external auditors.WORK PERFORMEDDevelops and prepares the schedules that accurately reports the various sources of investment income between endowment, operating and various lending arrangements; including the fair value adjustments at balance sheet dates. These schedules are prepared with a high level of detail and accuracy to support various statutory requirements prepared under Canadian and USGAAP.Develops and prepares reports to support the fair value disclosure across all categories of financial instruments in accordance with multiple GAAP’s including improving the collection of the appropriate information on a timely basis.Develops and prepares reports to analyze the movements in restricted and unrestricted endowment funds according to deferral accounting under PSAS to support statutory and Board reporting with particular emphasis of the statement of cash flows.Assists with the preparation of accounting interpretations and documentation of financial instruments in accordance with Public Sector Accounting Standards (PSAS) and USGAAP.Prepares payments and reconciliations for sinking funds and long-term debt ($0.4b) and related quarterly and annual reporting.Preparation of other statutory filings (CRA and IRS) as well as related party disclosures for annual filing with the province.Updates financial reporting general accounting procedures in alignment with UBC’s policies and financial system.Provides insight into significant financial risks and makes practical recommendations to reduce risk, improve operational performance and increase management confidence.Supports the Financial Reporting Team members during period/year end process by preparing journal entries, analyzing accounts and trends to provide background information for the period end and year end closing process.Assists in the preparation of year-end working papers for the external auditors relating to financial instruments as required.In keeping with UBC financial procedures and standards, provides backup and support to the Financial Reporting Team to maintain accounting functions, and to meet periodic, year-end reporting and other requirements, including the financial, statistical, and regulatory reporting at fiscal period ends to both internal and external users.Inputs data into the accounting systems. Maintains and updates relevant database(s) by tracking, verifying, and inputting invoices and other commitments.Develops and utilizes processes and methods for the auditing and quality control of operational data. Develops efficiencies to increase the effectiveness of reporting and identifies ways to consolidate data.Performs other related duties as required.CONSEQUENCE OF ERRORThe Financial Analyst exercises considerable judgment in advising management on analyses, reconciliations and reporting matters and financial policies related to PSAS and USGAAP. Errors in judgment could cause financial hardship or missed opportunities for effective delivery of reporting to the province and Board of Governors and could severely compromise the University's ability to achieve their goals. The complex functions of Endowment and General Accounting, including understanding USGAAP increase the complexity of this role. Failure to provide sound financial analysis on policy with timely and accurate financial information could seriously interfere in UBC decision-making.SUPERVISION RECEIVEDThe Financial Analyst works independently under broad directives from the Associate Director, Financial Reporting as well as from the finance managers for Endowment and General Accounting. Work is reviewed in terms of accuracy and effectiveness of analyses and reporting, soundness of judgment, adherence to deadlines, achievement of objectives, and overall effectiveness, analytical, and problem-solving skills demonstrated.SUPERVISION GIVENNot applicable.QUALIFICATIONSWillingness to respect diverse perspectives, including perspectives in conflict with one’s ownDemonstrates a commitment to enhancing one’s own awareness, knowledge, and skills related to equity, diversity, and inclusionUndergraduate degree in a relevant discipline and CPA. Minimum of three years’ experience post qualification,A minimum of 5 years’ experience in accounting, auditing, financial reporting and analyses responsibilities, (preferably in a unionized environment in a large private organization or the public sector).Knowledge of University policies and procedures preferred. Working knowledge of University financial and student systems (Hyperion, PeopleSoft FMS, WorkDay) and reporting tools preferred.Very strong spreadsheet (Excel) skills required.Demonstrated ability to engage with senior levels of management and financial personnel in an organization.Very strong oral and written communication, interpersonal, analytical, problem-solving and organizational skills.Demonstrated ability to work both independently and within a team environment.Very strong ability to prioritize and work effectively under pressure to meet deadlines.Very strong ability to maintain accuracy, attention to detail, and to demonstrate strong initiative, work ethics, and integrity.PSAS experience is an assetMust maintain current knowledge of both Canadian and USGAAP, University policies and procedures, Canada Revenue Agency regulations and other relevant federal and provincial legislation. #J-18808-Ljbffr
