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Financial Specialist

4 months ago

West Vancouver, Canada First Nations Financial Management Board Full time

**Why Apply**

Work with a growing national team dedicated to reconciliation at the First Nations Financial Management Board (FMB). We support First Nations in developing and implementing sound administrative governance and finance practices, that are fully optional and provided free to First Nations. The FMB was created under the First Nations Fiscal Management Act (“FMA”) in 2006 and has been serving First Nations ever since.

FMB values it’s staff, and offers flexible work hours, generous extended benefits, vacations, matching RRSP contributions, and opportunities for professional development and career growth. If you want to make the most of your skills and expertise while growing your career, we want to work with you. A career at FMB is an opportunity to be part of a talented, diverse, and inclusive team doing transformative work on a national scale.

**Position Overview**

The First Nations Financial Management Board (FMB) is a national First Nation institution created by the _First Nations Fiscal Management Act _(FMA). The FMB supports First Nations in their pursuit of social and economic well-being through the development of strong governance and financial managements systems.

Reporting to the Senior Financial Officer, the Financial Specialist, Shared Services is responsible for supporting selected First Nation clients across Canada through remote accounting and on-going training.

**Accountabilities**
- Develop relationships with assigned clients that have an approved Financial Administration Law (FAL) to promote, build trust and secure buy-in to implement their FAL and ultimately prepare for FMS certification;
- In collaboration with the First Nation client conduct the FMS Support Services needs assessment and identify opportunities for remote accounting and training opportunities;
- To complete any other tasks as requested by FMS Support Services management team;
- Support First Nation FAL clients to achieve FMS certification. "Support" in this context means facilitating, empowering, motivating, educating, and may take the form of:
**Remote Accounting Services**
- In collaboration with the First Nation client and the FMS Support Services Senior Financial Officer, develop a remote accounting service schedule based on the priorities identified in the FMS Support Services readiness assessment
- Assist First Nation clients with remote accounting support (or in person) as identified in the FMS Support Services readiness assessment. This may take the form of:

- Processes claims and vouchers for payment, enters invoices, matches invoices with purchase orders, and checks all claims for accuracy;
- Verifies account codes and signatures for proper assignment of budgetary expenditures;
- Acts as first line contact with vendors regarding billing problems;
- Administers & maintains the contingency account/cash advance system including control & reconciliation of the contingency by distributing and receiving money;
- Liaises with managers/employees on expenditures by ensuring that they comply with policies and regulations and ensuring that funds are available;
- Processes payment of invoices within specified time frames;
- Processes payment of accounts by verifying that all contract terms and conditions have been met and determining the right financial coding to avoid financial loss and payment duplication;
- Liaises with suppliers to give and obtain information necessary to ensure the accuracy of accounts/financial transactions and to rectify any irregularities;
- Organizes filing of all appropriate documents; stores, updates and retrieves financial data;
- Prepares monthly submissions for accounting and monthly remittances;
- Prepares general ledger and journal entries and trial balance;
- Manages accounts receivable and payable;
- Opens and closes books for auditors;
- Prepares financial statements and bank reconciliations;
- Invoice’s clients and answers inquiries;
- Assesses fixed assets and depreciation;
- Prepares costing and budgeting as requested.

Assisting with any other financial management initiatives as identified by the FMS Support Services Senior Financial Officer

**Training and Capacity Development**
- In collaboration with the FMS Support Services Senior Financial Officer develop a training plan based on the information provided in the initial needs assessment;
- Deliver training and capacity development that may take the form of:

- Journal Entries;
- Budgeting;
- Bank Reconciliations;
- Processing Accounts Payable & Accounts Receivable;
- Monthly & Quarterly Reporting pursuant to GAAP and PSAB;
- Any other training as identified by the FMS Support Services management team

**Qualifications**
- A Degree in Finance, Accounting, Economics, or another business-related field;
- A CPA designation or progress towards a CPA designation considered an asset;
- Must have a minimum of 5 years’ experience;
- Demonstrated experience working with information and data management systems;
- Exp