Financial Analyst, Financial Services - Greater Sudbury, Canada - Laurentian University

Sophia Lee

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Home > Career Opportunity


Financial Analyst, Financial Services:


Required Position:

Full-Time Appointment


Responsibilities:


This position works within the Financial Services Department and works in partnership with the Director of Accounting and Reporting. The position supports the work of managing the Finance function throughout the University. The Financial Analyst performs a broad scope of professional accounting activities to support the day-to-day operations of the Financial Services Team.

Perform Complex Financial Analysis and Reports

  • Provide support to the Managers within Finance for regular recording analyzing and reporting of accurate finance related data to support the University's financial position. Each Finance Manager provides support in a number of areas such as Treasury, General Accounting, Capital Projects, Financial Reporting, Endowment and Trust, Research Administration, Miscellaneous Accounts Receivable and Student Accounts Receivable. Analysts assigned to each area will have similar type duties tailored to the area they are assigned to;
  • Prepare complex financial analysis and reports on a broad range of activities. This could include reporting to granting councils, provincial government agencies, significant donors to the University or required reporting to the Committees and Board of Governors etc.;
  • Analyze and reviews accounts to ensure accurate reporting of transactions and acts upon variances and anomalies in a timely manner.

Process Accounting Transactions

  • Process routine accounting transactions including journal entries, account transfers, bank deposits, credit card transactions, allocations, adjustments and account write offs etc.;
  • Review transactions to ensure they are in compliance with University Policies, Collective Agreements and Generally Accepted Accounting Standards;
  • Identify accounting issues, process issues and make recommendations;
  • Develop macros to produce large volume transaction analysis and adjustments. (I.e. transfer of segregated funds, etc.);
  • Perform standard yearend accruals and adjusting entries as required for specific accounts.

Adhere to University Policy and Governing Funding Agreements

  • Create new cost centres and ensure they are established in compliance with COFO Reporting Standards and established definitions for each Fund;
  • Be familiar with unique reporting requirements for each funding source and ensure transaction reporting is in adherence to specific agreements;
  • Assist in the development of new procedures and features to enhance the workflow of the department.

Miscellaneous

  • Provide training and assistance to new employees as required in similar or lower level positions;
  • Provide support and assistance to the Manager in the departmental functions and other duties as assigned or required.

Qualifications:


  • Honors undergraduate degree (4 years) in Commerce, Finance or Accounting;
  • Minimum of 23 years' experience in a related field;
  • Progress towards the completion of a professional accounting designation (minimum of 2nd year level);
  • Provincial or other Vocational or professional certification;
  • Ability to work fluently, orally and in writing, in both official languages, French and English;
  • Specialized skills or training required:
Computerized accounting /f

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