Financial Administrator

6 months ago

Kingston, Canada Queen's University Full time

Financial Administrator

About Queen's University

Queen’s University is the Canadian research intensive university with a transformative student learning experience. Here the employment experience is as diverse as it is interesting. We have opportunities in multiple areas of globally recognized research, faculty administration, engineering & construction, athletics & recreation, power generation, corporate shared services, and many more.

Come work with us

Job Summary

**A Brief Overview**
Reporting to the Associate Director, Financial Services, Queen's Health Sciences (QHS), the Financial Administrator supports the financial planning, budgeting and reporting functions for departments in QHS. The Financial Administrator is responsible for performing various accounting and financial administration duties such as preparation and monitoring of departmental budgets and is a key resource on financial administration of operating and non-credit fund budgets, research, trust and endowments. The Financial Administrator provides analysis and support to the Associate Director, Financial Services, QHS, Department Managers, and Administrators in the preparation and monitoring of their annual budget loads, and other external/internal reporting requirements. The Financial Administrator also helps to assess the Faculty's compliance with the University's policies and identify areas of opportunity for efficiencies, enhanced reporting, and strengthened internal controls within the Faculty.

This position participates in short and medium-term financial planning by analyzing and modelling statistical data, financial forecasts, and budget information. This position reviews departmental financial policies, internal controls systems, and tools, and administers and performs various accounting and financial administration activities. This position also recommends, develops, and implements best practices to improve efficiency.

**Job Description**:

**What you will do**
- Participates in short
- and medium-term financial planning by analyzing and modelling statistical data, financial forecasts, and budget information.
- Reviews departmental financial policies, internal controls systems, and tools. Recommends, develops, and implements best practices to improve efficiency.
- Oversees the preparation and monitoring of financial budgets for the department or unit.
- Prepares and analyzes financial information to support strategic and workforce planning initiatives.
- Provides assistance to internal and external groups, in the areas of CRA guidelines, CICA standards, and university policies.
- Prepares and analyzes financial reports including quarterly variance reports.
- Performs routine to complex financial and accounting duties, including processing large sum bank transfers, payments to professional corporations, and processing of invoices in various systems.
- Acts as a primary resource on the financial administration of operating and non-credit fund budgets and accounts.
- Organizes financial activities including the preparation of the annual budget and staffing submission, and monitoring and reporting all associated financial activities.
- Administers multiple projects by defining key metrics.
- Provides project updates on a to various stakeholders across departments.
- Establishes, monitors, and communicates project timelines and milestones.
- Contributes to the development of training materials and provides or participates in training delivery.
- Prepares regular reports to assist with monitoring and resolving research project deficits.
- Other duties as required in support of the department and/or unit.

**Required Education**
- Four-Year Bachelor Degree or equivalent. In addition, requires trade certification, qualification, or on-going learning to remain ahead of changes in technology or emerging fields.

**Required Experience**
- More than 5 years of experience.

Consideration may be given to an equivalent combination of education and experience.

**Job Knowledge and Requirements**
- Knowledge of concepts and principles in a specialist field that is typically acquired through a combination of advanced professional or academic qualifications and/or substantial work experience.
- Provide effective consultation and advice on non-straightforward and/or complex issues.
- Interaction with others requires interpersonal skills and the ability to understand and influence.
- Adapt messages to meet the different needs of different audiences.
- Builds relationships, trust and credibility.
- Prioritize and distribute work to deliver objectives on time and to the highest standard.
- Identify in advance when the intended results may not be achieved and develops a plan to address the gaps.
- Actively participate in project team meetings and develop individual and unit project plans.
- Lead procedural or technological change within a unit.
- Identify opportunities to improve the effectiveness and efficiency of work processes.
- Seek infor

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