Senior Financial Analyst

at  British Columbia Institute of Technology BCIT

BCIT’s Financial Services department is seeking a temporary, full-time (1.0 FTE) Senior Financial Analyst. This position provides financial management and analysis support in the areas of capital accounting and restricted funds. Administers financial policies and procedures for restricted funds and provides financial support to business unit holders of restricted funds. Prepares capital asset journal entries and reconciliation of capital schedules and reports and provides support to accounting services in the financial analysis of special projects and reports.

KEY ACCOUNTABILITIES:

• Processes month-end capitalization entries for all capital funds. Updates monthly schedules for: capital asset continuity, deferred capital contributions, long-term debt schedule, net assets invested, changes in deferred capital contributions and maintains the capital asset depreciation schedule for non- in Fixed Asset Module (FAM) assets.
• Supports Manager in Fixed Asset Module (FAM) and general ledger reconciliation and assists in reviewing capital projects cash flow to develop corresponding forecasts and budgets. Prepares entries and maintains schedule for capital contributions including major capital projects and initiatives.
• Monitors compliance of restricted fund policies and procedures including internal controls. Processes month-end restricted fund transactions and entries; compiles monthly forecast data for restricted funds and analyzes significant variances. Prepares and maintains monthly restricted fund continuity schedule and reconciles fund balances to general ledger.
• Collaborates with business unit holders of restricted funds and the BCIT Foundation to provide training, financial support and issues resolution. Monitors balances and identifies any issues including contract end dates, cross charges with operating budget, surplus/deficit positions and carry forward provisions.
• Assists in preparation of reports as required by external funding agencies. Assists in the preparation of external financial reports including those required by the Ministry of Advanced Education, the Financial Information Act and Statistics Canada.
• Leads the monthly and quarterly reconciliation process, providing training and guidance to staff when needed. Prepares long-term and short-term debt reports and other reports as assigned.
• Assists in design, development and evaluation of special projects that impacts financial services and other business units. Assists in testing changes to financial databases including analysis of data integrity as needed.

QUALIFICATIONS & REQUIREMENTS:

• Completion of professional Accounting designation (CPA) plus three years’ of progressive experience in a similar role with emphasis on financial analysis, reporting, budgets, forecasting and capital fund accounting
• A combination of education and experience may be considered
• Strong working knowledge of Generally Accepted Accounting Principles (GAAP) and standards
• Excellent communication skills both verbal and written with demonstrated ability to work with all levels within a complex organization
• Excellent analytical & problem solving skills to be able to provide recommendations to management in order to make informed decisions
• Strong detail-oriented and critical thinking skills, with demonstrated ability to work to tight deadlines, and handle multiple and changing priorities
• Strong self-motivated team player with initiative and professional judgment
• Sound working knowledge of Enterprise Resources Planning (ERP) systems such as Banner with advanced level of Microsoft Office applications.