Are you passionate about pursuing a career in Finance while also helping Ontarians realize their dream of a post-secondary education? If so, we want to hear from you! The Ministry of Colleges and Universities is seeking a candidate with strong communication skills as well as expertise in financial reporting, analysis, planning and risk management functions to support and deliver the Ontario Student Assistance Program (OSAP).

For more information, please visit the Learn about OSAPwebpage.

OPS Commitment to Diversity, Inclusion, Accessibility, and Anti-Racism:

We are committed to build a workforce that reflects the communities we serve and to promote a diverse, anti-racist, inclusive, accessible, merit-based, respectful and equitable workplace.

We invite all interested individuals to apply and encourage applications from people with disabilities, Indigenous, Black, and racialized individuals, as well as people from a diversity of ethnic and cultural origins, sexual orientations, gender identities and expressions.

Visit the OPS Anti-Racism Policy and the OPS Diversity and Inclusion Blueprint pages to learn more about the OPS commitment to advance racial equity, accessibility, diversity, and inclusion in the public service.

We offer employment accommodation across the recruitment process and all aspects of employment consistent with the requirements of Ontario\'s Human Rights Code. Refer to the "How to apply" section if you require a disability-related accommodation.

What can I expect to do in this role?

In this role, you will:

• be responsible for the accounting and reporting of the loan, grant, bursary and scholarship programs offered under OSAP;
• exercise financial oversight and control over the funding issued to service providers and educational institutions;
• collaborate with other program areas in the development of budgets, proposals and business plans;
• conduct detailed financial analysis of programs to support the decision-making process;
• engage with stakeholder partners in the implementation and delivery of the ministry\'s mandate and initiatives;
• review the effectiveness and efficiency of processes and identify opportunities for improvements and enhancements;
• ensure compliance with the legislative requirements and established policies for OSAP;
• respond to student and institutional inquires and issues relating to policies, funding and financial assistance;
• be expected to work on multiple files with conflicting deadlines and deliver quality results.

How do I qualify?

Analytical, Research and Problem-Solving Skills:

• You can prepare detailed and complex financial analysis to determine the impact of funding programs, business plans and policies for budgeting, forecasting, monitoring and decision-making purposes.
• You have proven ability to review, research, assess and provide advice on financial and operational issues/ matters.
• You can provide trend analysis, identify issues, conduct research and root-cause analysis, recommend and implement corrective actions to resolve issues, reduce risks and follow-up to ensure the processes are functioning per standards.
• You have the ability to identify, evaluate and combine data from different sources to analyze qualitative and quantitative data and produce information to assist with the decision-making process.

Technical Knowledge:

You have knowledge and demonstrated experience in:

• interpreting, implementing and applying financial management, accounting and reporting principles and concepts, General Accepted Accounting Principles and the standards issued by Public Sector Accounting Board (PSAB) to ensure accuracy, reliability and integrity of financial information
• risk management framework to design, implement and monitor internal controls that are effective in mitigating risks to the program
• audit principles to participate in, assist with, and prepare information/ materials for internal and external auditors for financial and operational audit and review engagements and implement the recommendations
• reviewing and applying legislations, regulations and policies

Communication, Consultation and Interpersonal Skills:

• You can interpret, explain and provide advice on processes, policies, legislation and regulations to a variety of stakeholders.
• You can coordinate and collaborate with various stakeholders on initiatives, issues and inquiries.
• You have the ability to exercise tact and diplomacy when responding to inquiries from students and other ministry partners.
• You have strong written communication skills to prepare summaries, briefing notes and presentation material to support and form the basis for decision-making and planning.
• You have strong verbal communication skills to explain complex analytical findings, deliver presentations, collaborate with stakeholders and represent the unit at various forums.

Computer Proficiency:

• You have proficiency with financial systems and reporting software (e.g. Integrated Financial Information System (IFIS)), and word-processing, presentation, flowchart and business intelligence software.
• You have advanced knowledge of and experience with, MS Excel and developing Excel based financial models and reports.
• You have experience with creating business requirements to assist in the development/ modification of systems.

Organizational and Time Management Skills:

• You can coordinate financial and administrative activities.
• You can determine priorities, ensure deadlines are met and provide timely information/ response to stakeholders.
• You can create, monitor and update procedures, manuals and guidelines.

Additional Information:

Address:

• 1 Temporary, duration up to 12 months, 189 Red River Rd, (CORN. RED RIV./WATER ST), Thunder Bay, North Region or 315 Front St W, Toronto, Toronto Region

Compensation Group:
Ontario Public Service Employees Union




Understanding the job ad - definitions Schedule:
6



Category:
Finance and Economics



Posted on:
Thursday, March 2, 2023

Note:

• The information that you provide for the purpose of this competition and the results from this competition may be used to fill other positions. These positions may be of various tenures including short-term assignments. Your information and the results from this competition will be retained for the purpose of filling vacancies in accordance with the applicable collective agreement or policy provisions.
• TU-195720/23