Financial Monitoring Officer - Ottawa, Canada - Canada Foundation for Innovation

Sophia Lee

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Sophia Lee

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Description
Reporting to the Senior Financial Monitoring Officer, performs oversight activities relating to the use and
accountability of Canada Foundation for Innovation (CFI) funds by recipient institutions.
Key Activities
The incumbent may be asked to perform any or all of the activities described below. Activities may change from
year to year depending on priorities.
Oversight activities related to CFI-funded projects and awards

  • Plans, coordinates and conducts monitoring visits at recipient institutions (to review key policies,
practices, processes and controls in place at institutions for the management of CFI awards). This
includes chairing meetings during the visits and presenting the findings.

  • Plans, coordinates and conducts inhouse contribution audits.
  • Prepares files for contribution audits conducted by external auditors and assists in coordinating these
audits.

  • Conducts timely followup activities on past monitoring visits and contribution audits performed by the
CFI or external auditors.

  • Reviews fair market value assessments of CFIfunded items involving significant inkind contributions
and assists in coordinating the appraisal of these items when required.

  • Assists in the review of the cost allocation methodology for CFIfunded construction that is part of a
larger undertaking.

  • Assists in the calculation, review and monitoring of annual payments made to the institutions from the
Infrastructure Operating Fund.

  • Performs analyses to identify risk areas requiring additional oversight activities.
  • Assists in the review of financial reports submitted by recipient institutions.
Other activities

  • Updates forms and other information posted on the corporate website when required.
  • Contributes to the CFI's communication efforts by providing input and participating in information
sessions for institutions and other organizations.

  • Assists in the preparation of documents for Board meetings.
  • Performs special project assignments as required and assists with miscellaneous finance activities.
  • Participates in internal working groups on various topics as required.
Skills and Knowledge

  • University degree required; relevant experience may also be considered
  • Excellent verbal and writing skills
  • Excellent presentation skills
  • Fluency in both official languages is an asset
  • Strong analytical skills and ease in working with numerical data
  • Attention to detail
  • Proficiency in Microsoft Excel
  • Strong time management and organizational skills
  • Ability to work well with a small, dynamic and highly motivated team
  • Initiative and tact
  • Knowledge of auditing and accounting theories and principles as well as the principles of risk
management is an asset

  • Previous relevant experience in research grants administration is an asset

Requirements:


This position requires travelling within Canada (usually a few times per year for two to three days at a time).

Salary
Salary will be commensurate with qualifications and experience.


NOTE:


interest to:

Eric Desjardins
Manager, Human Resources
Canada Foundation for Innovation,
55 Metcalfe Street, Suite 1100
Ottawa ON K1P 5E4
contacted.
The Canada Foundation for Innovation supports official languages principles, and respects Ontario's Accessibility Standard
for Customer Service policy. We attempt to accommodate individual needs in keeping with the Ontario Human Rights Code
and the Accessibility for Ontarians with Disabilities Act. If you require an accommodation in order to participate in the hiring
process, please contact us to make your needs known in advance.
The CFI is committed to the principles of equity, diversity and inclusion. In all our activities, we recognize that a breadth of
perspectives, skills and experiences contributes to excellence in research.

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