Monday , March 27 2023

UBC Careers Online – Financial Analyst

Website The University of British Columbia

Job Description:

The role of the Financial Analyst is to support the Finance Manager by providing data analysis, preliminary hypothesis, and insights to support unit leaders in decision making. With direction from the Finance Manager, the role is responsible for budget preparation, reporting, and financial analysis and modelling.

Job Responsibilities:

  • Responsible for highly sensitive and confidential transactions and for dispute resolution for financial issues between units and central UBC, central FOM and third parties.
  • Provides effective reporting, and comparing budget to actuals, and any additional analysis required by the unit heads.
  • Provides financial advice and training to administrators, managers, investigators, heads and directors on policies and procedures and how to understand UBC ledger reports.
  • Drafts new policies and procedures as well as training material relating to financial policies, internal controls, expenditure reimbursements and related areas.
  • Reviews research, special purpose, endowment and operating accounts for units to ensure that expenditures do not exceed the funding available. Provide consultation to account holders highlighting successes or areas requiring immediate action and establishes guidelines on sound financial practices to assist units in managing their funds. Provide strategic support to departments by identifying resolutions on financial issues including liaising with Central Finance to assist in resolving deficit issues.
  • Develops year end accounting procedures and systems and trains others in ensuring these are managed correctly. Coordinates the unit year end general ledger and accounts payable processes including complex accruals and preparing proper documentation for external auditors.
  • Monitors compliance with GAAP, UBC policies and tax regulations; monitors and evaluates internal controls for weaknesses and improvements; evaluates and makes recommendations on improving accounting and reporting systems and develops accounting processes and systems for the unit; participates in the development of new corporate systems through requirement definition, design and testing. Develops and implements financial policies and procedures to improve internal controls or increase efficiencies.
  • Manages, develops and prepares complex models reports from various systems and sources using various software packages and tools to support financial decision making and analysis including hiring and new program development.
  • Prepares budgets and projections on an annual and quarterly basis to help units better understand their resources and manage within their financial means.

Job Requirements:

  • Ability to exercise judgment, discretion and diplomacy.
  • Ability to perform workflow analysis and process improvements.
  • Ability to analyze problems, identify key information and issues and effectively resolve.
  • Ability to apply generally accepted accounting principles in an appropriate manner.
  • Ability to analyze and reconcile accounts and to resolve discrepancies. Ability to maintain accuracy and integrity of accounting transactions and financial reporting.
  • Ability to perform complex analyses.
  • Ability to exercise judgment, tact discretion and confidentiality in all matters and to maintain effective working relationships with internal and external contacts. Knowledge of contracts, government and UBC policies and regulations, grant administration and procedures related to finance, payroll and audit.
  • Effective oral and written communication and interpersonal skills. Knowledge of University, Hospital and Health Authority accounting systems.
  • Ability to interpret data at a high level and to present findings developed from compilation of complex and possibly disparate financial data. Ability to consolidate financial data from various sources into financial statements and reports that are useful for management decision making.
  • Demonstrated financial, analytical and budgetary skills.
  • Ability to prioritize and work effectively under pressure to meet deadlines. Ability to work effectively independently with minimal supervision and in a team environment.

Job Details:

Company: The University of British Columbia

Vacancy Type:  Full Time

Job Location: Vancouver, BC, USA

Application Deadline: N/A

Apply Here