Financial Analyst

2 weeks ago

Vancouver, Canada Vancouver Community College Full time
Position Information Posting Number 24AC0051 Position Title Financial Analyst Pclass # SS110 Who We Are We acknowledge that Vancouver Community College (VCC) is located on the traditional unceded territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) peoples who have been stewards of this land from time immemorial.

For over 55 years, VCC has been a leader in innovative, experiential post-secondary learning. We’re one of B.C’s top employers and we are proud to inspire students to discover their passions, gain essential skills, and learn what it takes to succeed in a competitive workforce.

At VCC, we respect and celebrate our differences, and are committed to the work of decolonization, accessibility, and inclusivity for all. Be a part of creating an inclusive community that provides equitable opportunities for Indigenous and diverse representation, participation, and success for everyone.

We value lived experience and encourage applications from members of all groups experiencing barriers to equity. Come join the VCC community as we shape the future together. Position Summary This position is responsible for preparing quarterly financial reporting requirements and presentation to the Foundation Board; Audit preparation in coordination with the VCC Finance Office and Foundation appointed Auditors. Duties & Responsibilities Prepares annual budget for review by the Manager, Finance, Data and Systems and Foundation Executive Director and approval by Board. Prepares various tax requirements including HST/GST returns, and the annual Registered Charity Information Return. Handles all aspects of accounts payable, accounts receivable, preparing journal entries and postings to the general ledger. Processes data entry of cash/credit card receipts, issuing donation receipts, and preparing bank deposits. Verifies and processes invoices and other disbursements for payment on a timely basis. Prepares monthly endowment and project fund balances. Reconciles portfolio transactions and provides quarterly remittances to external investment counsel. Maintains monthly recurring batches from Raiser’s Edge, monthly credit card giving and bank account reconciliation. Issues charitable tax and business receipts. Prepares annual Gaming license and administration of all lotteries and related reporting. Provides advice and guidance to the Manager, Finance, Data and Systems and Foundation Executive Director on the appropriate annual disbursement quota and status of the VCC endowment. Provides fund balances for flow-through, project funds and awards to VCC Financial Aid, Faculty. Provides reports, as requested, to the Director of the Foundation. Enters gifts into the Raiser’s Edge database and ensures tax receipts are issued in a timely way. Monitors annual donor active pledges and annual contributions (i.e., Awards). Processes WebReqs through the VCC Finance system. Assists with the update of the database with donor information. Perform other related duties as required. Qualifications Education and Experience Completion Bachelor’s degree in Finance or Business Administration, and currently pursuing certified professional accounting designation. Four (4) to six (6) years’ experience, or an equivalent combination of training and/or experience may be substituted for the required qualifications.
Skills and Abilities Sound knowledge of restricted fund accounting principles, practices, terminology and banking
procedures are mandatory. Experience in a not-for-profit environment using the restricted fund method of accounting, and familiarity with current legislation effecting charities and/or a post-secondary environment preferred. Experience in accounting for investments, including market value adjustments. Attention to detail is required, as are superior organizational skills and the ability to work independently with minimal supervision. Analytical, organizational and exemplary communication skills and the ability to meet strict
deadlines are required. Demonstrated excellent computer skills are necessary, particularly with Excel, preferably with experience using vlookup function and pivot tables. Strong interpersonal skills and the ability to work effectively with all members of the College and VCC Foundation stakeholders including Foundation Executive Director, vendors, donors and
volunteers. Familiarity with Raiser’s Edge and Banner/FAST software is desirable.

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