Director, Financial Reporting

Staff - Non Union

Job Category

M&P - Excluded M&P

Job Profile

XMP - Accounting, Level H

Job Title

Director, Financial Reporting

Department

Accounting and Compliance| Office of the Comptroller | VP Finance and Operations

Compensation Range

$11,705.58 - $18,265.42 CAD Monthly

The Compensation Range is the span between the minimum and maximum base salary for a position. The midpoint of the range is approximately halfway between the minimum and the maximum and represents an employee that possesses full job knowledge, qualifications and experience for the position. In the normal course, employees will be hired, transferred or promoted between the minimum and midpoint of the salary range for a job.

Posting End Date

July 30, 2025

Note: Applications will be accepted until 11:59 PM on the Posting End Date.

Job End Date

At UBC, we believe that attracting and sustaining a diverse workforce is key to the successful pursuit of excellence in research, innovation, and learning for all faculty, staff and students. Our commitment to employment equity helps achieve inclusion and fairness, brings rich diversity to UBC as a workplace, and creates the necessary conditions for a rewarding career.

Job Summary

The Director, Financial Reporting supports the Comptroller, and the Senior Director, Accounting and Compliance in implementing the strategic direction for the University’s Financial Reporting function. This position is responsible for the overall effective reporting of all University financial data. The current annual budget of UBC totals $3.9 billion in revenue with in excess of four million transactions recorded annually. Total assets are over $8 billion. The Director will lead, develop and foster a strong and motivated team that is accountable for the overall Financial Reporting function.

Organizational Status

Reports directly to the Senior Director, Accounting and Compliance. The Director provides oversight and leadership responsibility for the direct and indirect financial reporting staff. The Director liaises with Finance Directors across the University as well as with senior faculty, staff and partners internal and external to the University.

Work Performed

Financial Efficacy:
- Stewardship for all significant transactions, transaction processes and relevant agreements are accounted for in accordance with Canadian Public Sector Accounting Standards;- Is responsible for a full range of accounting services, including oversight of the preparation of interim and year-end financial statements, coordination with external auditors for various entities such as the UBC Foundation, American Foundation, Peter Wall Institute of Advanced Studies, the Killam Endowments, Allard Law Endowment, and University Neighbours' Fund etc;- Discharges statutory responsibilities to produce Financial Statements under the Financial Information Act to for the University;- Is responsible for the preparation of accurate financial statements and accompanying reports which will be approved by the Board of Governors and submitted to the Office of the Comptroller for inclusion in the financial statements for the Province of British Columbia.- Presents the quarterly and annual financial statements of the University to various groups including, senior management and the Province of British Columbia;- Is accountable for the implementation of internal financial controls and policy and procedures for endowment and financial reporting. Reviews controls continuously and communicates all policies and changes to those policies to the campus community to ensure compliance. Prepares and presents training sessions on Understanding Financial Risks and Internal Controls;- Identifies, analyzes and resolves financial management and reporting issues in consultation with Faculties, units and departments. Develops new tools to better meet the needs of the user;- Provides leadership and consulting to senior university personnel on the impact of major business decisions to the financial statements and bottom line of the university;- Is responsible for the implementation of required financial changes due to government legislation or changes in public sector accounting standards. Provides leadership in the implementation of changes required to ensure the University’s statements comply with any new accounting standards and redefining reports and the underlying information system structures to support all required external reporting and the training of key finance staff on public sector accounting;- Is responsible for the accuracy and timely external reporting, such as the CAUBO report, Financial Information Act (FIA) report, the University tax returns (Canadian and US), and is responsible for reporting the University s financial statements in accordance with US GAAP as required by regulation;- Liaises with both internal and external auditors. Reviews UBC's policy and procedures with the auditors, researches and answers audit queries and responds to any pe