Manager, Treasury Accounting

5 days ago


Vancouver, Canada University of British Columbia Full time

Staff - Non Union

Job Category

M&P - AAPS

Job Profile

AAPS Salaried - Accounting, Level E

Job Title

Manager, Treasury Accounting (Term - 6 Months)

Department

Tax | Treasury | VP Finance and Operations

Compensation Range

$9,048.67 - $14,114.17 CAD Monthly

The 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 Date

January 3, 2025

Note: Applications will be accepted until 11:59 PM on the Posting End Date.

Job End Date

Jul 31, 2025

At 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.

At 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 Description Summary

Organizational Status

Reports to the Assistant Treasurer. Represents Treasury Accounting on University-wide projects related to the functional area and collaborates closely with stakeholders across the University to advance the payments strategy and develop solutions for e-commerce and payments integration. The functional support of banking and cash matters requires a high level of interaction with Treasury.

Work Performed

1. Leads the team responsible for providing functional support for bank reconciliation, treasury accounting and accounts receivable to the University community. Provides team leadership through training, resource planning, effective identification and resolution of issues.

2. Establishes targets and key performance indicators that will drive a culture of best practices and improvement in the day-to-day operations of the department. Performs root cause analysis and recommends countermeasures if metrics are not met. Reports out to senior management on possible financial, business, and control risks for the University, mitigation strategies and Workday Benefits Realisation measures.

3. Leads in the reengineering of business processes; providing leadership and direction in establishing innovative and best practices to improve and streamline the quality, efficiency and effectiveness of business processes while maintaining high levels of financial controls and accountability for bank reconciliation and trade accounts receivable

4. Oversees the University s bank reconciliation procedures to minimize the risk of fraud and maintains appropriate controls. Recommends strategies for the prevention and detection of monetary loss, errors and payments fraud through the ongoing development and optimization of bank reconciliation and credit card reconciliation processes.

5. Develops guidelines and manages website content for university merchants and the financial community pertaining to the recording of revenue, payment acceptance, customer refunds, billing, and stale dated transactions.

6. Partners with Treasury to evaluate optimal payment methods and new banking products and advises on appropriate incoming payment vehicles for UBC (virtual bank accounts, credit cards, incoming wires, EFTs) both for domestic and cross border payments. Assists with implementation of new third
- party financial services with particular responsibility for ledger recording, reconciliation and auditability.

7. Oversees reports and dashboards relating to customers, revenue, trade receivables and bank reconciliation to ensure customer payments are accurately applied to outstanding invoices and funds accurately distributed to departments. Oversees the preparation of working papers and other related requests for the annual year-end audit process in respect of cash and trade accounts receivables.

8. Represents Treasury Accounting in various committees/groups to provide advice and recommendations related to incoming payment processes that involve banking and customer account (trade accounts receivables)activities to ensure that proper procedures and controls are maintained and payment methods are optimized

9. Leads ongoing and future Workday enhancements in respect of banking, revenue and trade accounts receivables (customer accounts) and the integration of revenue related third party point solutions and bespoke software ( epayment ) to the financ


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