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Finance Specialist

7 months ago

Hamilton, Canada The Fedcap Group Full time

**Position Summary**:
The Finance Specialist I is responsible for carrying out financial transactions and other routine operations related to compliance. Working in close collaboration with Finance Supervisor(s), the Finance Specialist assist in any or all facets of Financial Operations including but not limited to: Validations and Compliance, Internal Audits, Reconciliations, Billing, Procurement and Vendor Relations, Accounting and Fund Management Processes.

**Essential Job Functions**:

- Validating Financial Claims for compliance to funding policies, procedures, and regulations.
- Audit and analyze financial activities and data and assist to resolve complex compliance issues.
- Analyze and resolve all anomalies for internal customers including all communications.
- Monitor Fund Accounts for usage trends and forecasting.
- Provide excellent communications and customer support for back-office operations to internal and external stake holders.
- Collaborate with Finance Manager(s) and other departmental heads on reporting and analysis.
- Collect, review, log, code and submit all accounts payable invoices approved for payment by the Finance Manager.
- Research and resolve all issues concerning outstanding accounts payable.
- Ensure financial and accounting processes to comply to Company and Funder regulations, along with adherence provincial and federal laws.
- Maintain accurate documentation for financial operations and transactions.
- Negotiate rates and services with vendors to ensure optimal use of funds.
- Maintain vendor relationships through timely invoice entry, review, and payment.
- Prepare regular invoices for submission to program funder with Supervisors approval.
- Aid in managing credit and collection activities.
- Work with the Finance Manager(s) and other departmental heads on ad hoc reports, tools, and/or basic analysis to address financial trends and performance.
- Performs other duties as assigned. This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities.

**Education and Experience**:

- Bachelor's degree in business, finance, accounting, or similarly related field.
- Preferably 2-4 years of accounting and/or auditing experience, or equivalent combination of education and experience.
- Capacity to meet tight deadlines and work additional hours when needed. Ability to make suggestions to management based on analysis.

**QUALIFICATIONS**:To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

**WORK ENVIRONMENT**:The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

**Equal Opportunity Employer**

**Mission**:We are committed to improving the economic and social well-being of the impoverished and disadvantaged.

For 85 years, The Fedcap Group has developed scalable, innovative and potentially disruptive solutions to some of society’s most pressing needs. The Fedcap Group is the parent company of a growing number of top-tier nonprofit agencies dedicated to serving over 300,000 children and adults each year across the United States and the United Kingdom. The Fedcap Group provides educational services to every age group, vocational training in high-growth labor industries, behavioral health services, work readiness skill-building and jobs—all targeted to helping people achieve long-term self-sufficiency.

The work of The Fedcap Group is structured within four major practice areas: Education, Workforce Development, Occupational Health and Economic Development, which are strategically aligned for maximum impact.

The Fedcap Group also invests its time and resources in broader systems change—working in partnership with federal, state and local government to improve the way services are designed, funded and delivered.