Financial Services Specialist

2 months ago


Edmonton, Canada WCB Alberta Full time

As an equal opportunity employer, we are looking to build a diverse workforce that reflects the diversity of our clients and the customers we serve. Learn more about working for WCB at

Careers - WCB Alberta

Job Title:
Financial Services Specialist

Job Type:
Permanent / Full time

Job Location:
Edmonton, Alberta

Financial Services Specialist
Financial Services

Edmonton, Alberta

Permanent, Full-time Position
- Do you _
- strive to make a difference?_
- value respect, care, excellence, trust and fairness?_
- value a culture where individuals are committed to deliver purposeful client service through a lens of learning and growth, within a hybrid work model that values flexibility and work-life balance?_

At WCB-Alberta, we make a meaningful impact in the lives of working Albertans. We are a not-for-profit organization legislated to administer the workers' compensation system for the province. When any Alberta worker is hurt on the job, we are here to help. We provide compensation and benefits for workplace injuries and occupational diseases to over 1.9 million workers.

The Financial Services team manages the reporting and compliance functions related to financial reporting for the organization. Our reporting is based on IFRS accounting standards. Our compliance activities encompass process overviews for evaluating risks and assessing the existence and effectiveness of internal controls.

The Opportunity:
- Prepares the monthly and annual financial statements, including detailed working papers, commentary and variance analysis in a summarized format to facilitate decision making.- Plays a key role in the year end audit process including, but not limited to, the development of the Management, Discussion and Analysis (MD&A), and the external financial statements that form part of the Annual Report, ensuring the on-time production of a high quality and accurate report; as well as participating and facilitating responses to external audit queries.- Works closely with the investment team to ensure investment outcomes are reported accurately. Responsible for monthly recording and reporting of the investment portfolio. Develops improvements to investment accounting processes.- Supports development of the Financial Services team through mentorship, with opportunities to learn and act in a formal leadership role.- Plays a crucial role in the accurate preparation of monthly financial results, and a key contributor to analysis presented at monthly meetings with Finance Division management.- Supports budget and forecast updates to financial statements, by coordinating with various teams within finance.- Provides technical leadership on IFRS accounting issues including, but not limited to, recommending accounting treatment and the resulting process changes and documentation for new accounting standards.- Provides analysis and recommendations to business units related to the proper accounting treatment of capital projects. Provides oversight on capital entries and the database that tracks capital assets.- Project manages annual compliance reviews, as well as participates in the review and oversight of ad hoc audit, financial, fraud and compliance deliverables. Embraces continuous improvement and design thinking, leveraging data tools to recommend optimizations. The goal is to reduce time spent on data compilation, enhance process improvement, and allow for more insightful analysis and strategic decision-making.- Participate in projects as assigned and perform analysis on requests from various partners. Includes, but not limited to, review of business cases, project charters, contracts, and various types of other requests, with a keen eye to evaluating and providing guidance on accounting treatment, budgetary impacts, and financial risk and controls.

Your experience and skills:
- University degree in Business; specialization in accounting and business analytics would be an asset.- CPA designation.- At least 5 years of experience in financial accounting under IFRS, including effective research and recommendation of accounting policies and practices; preparation of complex financial statement working papers; financial analysis; and preparation of budgets.- Advanced experience in the use of excel, as well as experience with Power BI, Power Query and the analytic tools available within Microsoft 365.- Solid understanding around the importance of data management in the context of financial analysis and reporting.- Ability to learn and act quickly when faced with problems and ambiguity.- Effective written and verbal communication and presentation skills, including the ability to explain complex concepts to non-technical staff, and deliver reports suitable for decision making.- Well-developed team management skills, including the ability to prioritize, plan and organize required deliverables and to delegate effectively.- Strong interpersonal, customer service, and consulting skills.- Strong conceptual and analytical skills,



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