The Financial Analyst will support the month-end close process, and other monthly accounting and analysis activities. This includes monitoring and assessing the various systems and reporting tools integral to our controls, preparing journal entries, performing balance sheet reconciliations, and ad hoc analyses to identify and resolve issues with financial impacts.
This role is integral to our "Business Support Services" (BSS) team within the group's NPOs. This means the Financial Analyst will be working alongside a group of people who are all focused on maintaining and improving the financial integrity and operational efficiency of the NPOs through exceptional accounting, general ledger reconciliation and audit processes.
II. Essential Functions
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The position entails, but is not limited to the following general responsibilities:
Support and participate in the monthly accounting close process and other daily activities (e.g., journal entries, accruals, account reconciliations, bank reconciliations, and monthly financial reporting) of the Finance department. This includes but is not limited to:
Day to day financial management of regional programs, including the monthly revenue recognition.
Handling intercompany reconciliation for more than 2 entities and responsible for related bank transactions.
Working on central cost allocation with related analysis aligning with funded agreements, includes related regular co-ordination with business.
Coordinating, planning, and collecting data to assist in the preparation of annual operational and capital budgets and forecasts for all programs.
Co-ordinating between financial reporting and financial transaction processing teams on day-to-day activities in all areas of accounts payable, accounts receivable/invoicing/purchase orders, bank deposits, purchase cards and petty cash. Additionally, monitoring any local bank accounts in the districts, assisting with month/year end responsibilities and any other ad hoc duties that arise.
Ensuring through time management and supportive team spirit that the financial objectives of the operational and administrative teams are met.
Answering accounting related queries, resolving problems and issues promptly.
Providing support with reporting on a regular basis and support with internal and year-end external audit deliverables as requested.
Willing to travel to any other CNIB office, participating in special projects and other related tasks as required.
Other duties as assigned.
III. Qualifications
Knowledge and Skill Requirements
At least 1 year of experience as a budget analyst, financial analyst, business accountant, or a similar role.
Well-developed interpersonal and communications skills.
Sets high standards for results and continually raises these standards.
Maintains effective performance under pressure.
Demonstrates high standards of conduct which are not compromised even under highly stressful circumstances.
Have a proven track record of successful multitasking and providing accurate and timely results.
Ability to communicate effectively and respectfully with internal and external stakeholders, while managing expectations.
Takes initiative to keep abreast of updates to accounting standards and issues related to finance operations in general.
Experience and Education
A Business or Accounting degree is required.
Pursuit of a CPA designation is an asset.
Strong Accounting fundamentals, with a working knowledge of GAAP and non-for-profit Accounting Standards.
Solid understanding of the relationship of internal controls and business processes with financial statements and financial statement commentary.
Working knowledge of HST, GST, & QST/PST and its application to charities operating in the charitable sector is an asset.
Excellent systems experience including proficiency in Microsoft Excel (advanced level with working knowledge of advanced formulas, Lookups, Pivot Tables), Word, and PowerPoint. Good working knowledge of general ledger, fixed assets, and accounts payable systems.
Proficiency in Oracle NetSuite, SAP Concur, and QuickBooks is an asset.
Work Environment
Willingness to work flexible hours.
Travel may be required.
CNIB is committed to accommodating applicants with disabilities and will work with applicants requesting accommodations at any stage of the hiring process.
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