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Financial Analyst

2 months ago

Kitchener, Ontario, Canada University of Waterloo Full time
Financial Analyst Job Description

The University of Waterloo is seeking a highly skilled Financial Analyst to join our team. As a Financial Analyst, you will be responsible for providing essential financial information and internal controls related to the Societies, Orientation and Student Refugee Program funds.

Key Responsibilities:
  • Maintain an overall picture of Society, Orientation and Student Refugee Program financial performance.
  • Provide leadership, coordination and management of Society financial statements, annual budgets, annual year-end reports and financial position.
  • Prepare monthly financial reports for each Society, analyzing results and discussing with Society representatives.
  • Review and monitor inventory tracking and recording systems to ensure accuracy, recommending improvements where appropriate.
  • Manage Societies' capital asset accounting treatment and internal controls, including compliance and audit, classification of capital assets and application of depreciation schedules and their impact on financial planning and budgeting.
  • Ensure complete and accurate records are maintained by monitoring expenditures and commitments against budgets.
  • Identify gaps in internal controls, suggest and implement improvements, and establish new financial structures and processes to ensure that activity is properly managed and reported on, and appropriate stewardship of funds is maintained.
  • Accurate and appropriate assessment and recording of HST and rebates taken.
  • Ensure that all WUSA and Society financial/accounting obligations are completed on schedule and in compliance with the Societies Agreement.
  • Provide oversight and conduct periodic audits on all cash handling and point of sale procedures throughout all Societies to ensure fiscal accountability.
  • Review reimbursement requests to ensure accuracy, compliance, eligibility, appropriate account coding and inclusion of required supporting documentation.
  • Maintain productive working relationships with all WUSA Societies and provide guidance on processes that impact fiscal management, financial compliance and stewardship of assets.
  • Participate in and provide information for annual external audit, working directly with External Auditor as required.
  • Serves as a primary point of contact regarding all Society financial matters; anticipates, identifies and resolves discrepancies, communicating as required with all stakeholders.
Requirements:
  • Post-Secondary degree with a focus on accounting and business courses.
  • CPA designation or actively pursuing CPA designation considered an asset.
  • Significant experience in an accounting/finance-related environment including preparation of financial statements.
  • Independent judgement in areas of time management, task prioritization, organization and decision-making.
  • Evidence of integrity, confidentiality and professionalism in the work environment.
  • Previous experience managing or coaching staff or volunteers.
  • Experience in an enterprise-wide computerized accounting environment.
  • Experience in a not-for-profit environment is preferred.
  • Previous experience working with students within a dynamic environment an asset.
  • Outstanding interpersonal skills with a demonstrated ability to contribute in a collaborative environment.
  • Good judgement with strong critical thinking, analytical and problem-solving skills.
  • Proven ability to provide clear and positive communication; excellent written communication skills, including aptitude for analysis and presentation of financial data in a clear and concise manner.
  • Demonstrated leadership and mentoring skills.
  • Adept at taking initiative and managing multiple priorities and deadlines.
  • Proven ability to maintain detailed and meticulous records.
  • Intermediate to advanced knowledge of MS Office Suite.
  • Works independently with a strong work ethic.
  • Exceptional attention to detail.
  • Understanding of GAAP (generally accepted accounting principles), CRA regulations and their application to not-for-profit organizations.