Finance Manager, Project Accounting - Vancouver, Canada - University of British Columbia

University of British Columbia

Verified Company

Vancouver, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Staff - Non Union

Job Category

M&P - AAPS

Job Profile

AAPS Salaried - Accounting, Level E

Job Title

Finance Manager, Project Accounting

Department

Capital Financial Management I Office of the Comptroller | VP Finance and Operations

Compensation Range

$7, $12,395.83 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

August 11, 2023

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

Job End Date

Job Summary

The Finance Manager, Project Accounting is an operational business partner to the Financial Reporting, as well as the Infrastructure Development (ID) group.

Supporting the management teams in Infrastructure Development, the position will partner and share capital expertise in relation to project reporting, financial analysis, operational budgeting, auditing and other key analytical information for the purpose of enhancing management reporting and decision making.

A significant component of this position is to support project costing, planning, reporting and audits of large and small scale capital projects with a current value of over $1 billion.

Support includes effectively engaging diverse stakeholders with detailed analysis and summarized recommendations to ensure funding and expenditures align to the Board of Governors approved budgets and compliance with restrictions attached to the funding where required.

The Finance Manager partners with VPFO peers to develop and implement new policies and continuously improves procedures to enable effective financial management and business processes throughout the portfolio.

Additionally, this role implements strategic initiatives to enable effective decision making.

Organizational Status

The Finance Manager, Project Accounting reports to the Finance Director, Capital Financial Management (CFM) and directly manages three to four financial professionals.

Work is done in effective collaboration with the Board of Governors, VPs, Treasury Office, Budget and Planning Office, Payment and Procurement Services, IT Services, Internal Audit, Directors and external customers and agencies including GVRD, provincial and federal governments, municipalities and external auditors.

Work Performed

Business Partner support:
Provides expertise to ID Project Services for accurate and timely project reporting, including both funding and capital reporting;

Partners with Project Services to ensure best practice financial process and execution of objectives and outcomes on capital programs and projects;

Develops and implements capital related financial reports and financial reporting structures for senior management that enable senior leaders to monitor the financial health of projects; makes informed resource allocation decisions and develops reports that enable potential problems to be detected.

Works with non-financial leaders to promote the understanding of financial reports and processes to develop awareness of the impact of decisions on financial results.

Financial efficacy:
Ensures the Finance Director, CFM and senior management are supported in strategic and operational decision making with financial information and analyses that is relevant, timely and accurate;

Working with the management team in ID ensures accurate and timely financial information is available and used for project reporting, both through Project Services and UBC Properties Trust.

Reviews project status reports on a regular basis to ensure the financial aspects are accurately represented (both within the reports and financial systems);

Responsible for internal and external capital related reporting and audits. External audit is particularly critical as significant funding is received from governmental agencies on an annual basis;

Applies current expertise on regulatory requirements of GAAP and UBC Policy to effectively advise and guide units;

Monitors capital projects under construction ensuring that committed funding is received as well as tracking expenditures against Board approved budgets and funding releases.

This involves diverse stakeholders and requires detailed complex analysis;

Coordinates with UBC Okanagan, central Finance, CFI Office and Infrastructure Development on funding COA draws from the Province;

Investigates and reconciles errors in complex financial reports and conducting budget/actual variance analysis;

Provides financial expertise in the use and maintenance of the financial and project software used, Microsoft Dynamics (MS NAV) by ID with a particular focus on budgetary controls and reporting;

Accountab