Financial Operations Specialist

4 weeks ago

Burlington, Ontario, Canada Islamic Relief Canada Full time

Department: Finance

Location: Hybrid - Burlington, Ontario

Compensation: $58,500 - $65,000

Please note: the posted salary range is intended to provide potential candidates with a general understanding of the compensation associated with the position. The actual salary offered may be at any point within the posted range, depending on individual qualifications and other relevant factors.

ABOUT ISLAMIC RELIEF:

Islamic Relief is a global humanitarian organization dedicated to alleviating poverty and suffering worldwide, irrespective of race, color, or creed. Founded in 1984 in response to a severe famine in Africa, Islamic Relief has evolved into a prominent and respected agency in disaster relief and ongoing development efforts across more than 25 countries. Our focus areas include Education & Training, Health and Nutrition, Water & Sanitation, Income Generation, Orphans' Support, Emergency Relief, and Disaster Preparedness. Islamic Relief is a proud member of the Humanitarian Coalition.

Department Overview:

The Finance Department at Islamic Relief Canada plays a crucial role in managing and optimizing financial resources to support our mission of providing relief and development. Our team is dedicated to upholding the highest standards of financial accountability, transparency, and efficiency.

We engage in a variety of financial activities, including donation revenue management, budgeting, financial reporting, and compliance. By becoming part of our finance team, you will work in a collaborative and supportive environment where your contributions will significantly impact the effectiveness and reach of our humanitarian initiatives.

Role Overview:

We are seeking a skilled and motivated Accountant to assist the financial department by managing daily accounting functions. You will collaborate with a team of professionals to maintain order and transparency in Islamic Relief Canada's financial operations.

Key Responsibilities:

Donation Revenue Management:

  • Accurately record and reconcile donation revenues in a timely manner.
  • Collaborate closely with the development team to ensure all donations are properly documented and categorized.
  • Handle sensitive information with confidentiality.

Financial Data Integrity:

  • Ensure the accuracy and integrity of financial data within the organization's accounting system.
  • Conduct regular reconciliations of accounts related to donation revenues.
  • Work with other departments to resolve discrepancies and maintain consistency in financial reporting.

Accounts Payable and Employee Reimbursement Management:

  • Prepare and execute weekly payment runs, including wires, EFTs, cheques, and reimbursements.
  • Maintain accurate accounts payable records and ensure timely payment of vendor invoices while resolving any discrepancies.
  • Review and process credit card transactions for accuracy and proper documentation.
  • Reconcile monthly credit card statements and address any discrepancies.
  • Assist employees with credit card issues and provide guidance on proper usage and reporting.

Transaction Management:

  • Efficiently manage high volumes of financial transactions with accuracy.
  • Process, review, and reconcile transactions related to donations, grants, and other revenue streams.

Compliance:

  • Ensure adherence to donor restrictions and reporting requirements.
  • Assist in preparing documentation for external audits and reviews.
  • Maintain compliance with non-profit standards, regulations, and internal control systems.

Qualifications/Competencies:

Experience:

  • Bachelor's degree in Accounting, Finance, or a related field, or an equivalent combination of education, training, and experience.
  • 2-4 years of relevant accounting or finance experience.
  • Demonstrated intermediate to advanced skills in Excel and other Microsoft Office applications.
  • Experience in preparing detailed financial documents.

Knowledge, Skills, and Abilities:

  • Highly detail-oriented with strong analytical skills.
  • Excellent interpersonal skills for effective communication across the organization.
  • Strong numerical aptitude and problem-solving abilities.
  • Understanding of accounting and financial reporting principles and practices.
  • Well-organized and capable of thriving in a team environment.
  • Proficient in Microsoft Office Suite.
  • Must be eligible to work in Canada.

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