Financial Analyst

Job title:

Financial Analyst

Company

World University Service of Canada

Job description

Bilingual position – requires a working knowledge of both official languages (French and English). To qualify, you must be able to speak, read, and write in your second official language at the intermediate level.POSITION LOCATIONOption 1: Hybrid – work from home and our Ottawa OfficeOption 2: Remote – work from anywhere in CanadaPerson must be legally authorized to work in Canada (you must hold a valid work authorization – WUSC will not facilitate any work authorization process)CONTRACT TERM 6-month full-time contract temporary replacement (parental leave)CLOSING DATE FOR APPLICATIONS April 23, 2024, 09:00 ETWorld University Service of Canada (WUSC) is a leading Canadian international development organization focusing on three programmatic areas: Economic Opportunities, Education, and Empowerment. Our vision is a better world for all young people. It is a more inclusive, equitable, and sustainable world in which all young people, especially women and refugees, are empowered to secure a good quality of life for themselves, their families, and their communities.WUSC currently works in over 25 countries across Africa, Asia, the Middle East, and Latin America, with an annual budget of approximately CAD $45 million. Globally, we partner with a network of higher education institutions, civil society organizations, private sector partners, professionals, students, volunteers, faculty and community leaders that work with us to achieve our mission.NATURE AND SCOPEUnder the supervision of the Finance Portfolio Manager, the Financial Analyst will be responsible for a number of projects in Canada and overseas. The Financial Analyst will be responsible for the following:Financial Accounting

• Hands on responsibility to perform month-end and year-end closings, deferred revenue reconciliations, monthly sub-ledger balancing, review and verification of all payments, exchange rate calculations, preparation of month-end journal entries, and maintaining the chart of accounts for projects.

Financial Monitoring of Projects

• Prepare monthly, quarterly and year-end financial reports of project activities after incorporating the field transactions for the disbursements made for overseas project operations
• Perform financial analysis, prepare donor financial reports that are comprehensive and meet all requirements specified by the donor
• Review field bank reconciliations and manage the cash balances for the projects
• Provide support and training to project staff and partners in terms of: accounting, preparation of budgets, eligibility and allocation of expenditures and accounting and reporting of project transactions in accordance with donor requirements and budgets

Audits

• Prepare detailed project working papers and year-end reconciliation of project accounts
• Support audits commissioned by donor agencies including monitoring visits
• Participate in internal audits of projects

Internal Controls

• Ensure implementation of necessary financial controls and due diligence related to project expenditures
• Ensure partner and grantee financial accounting/reporting complies with donor requirements

Financial Reporting

• Provide regular variance analysis of project implementation and offer recommendations for possible improved courses of action to ensure efficient use of project funds
• Prepare detailed project budgets and forecasts in conjunction with project staff
• Prepare donor financial reports in compliance with donor requirements
• Provide support in financial aspects of new project proposal development for submission to various donors

Other duties as requiredQUALIFICATIONSEducation

• University degree in Finance, Accounting, or a related field
• Professional qualification as a CPA (Chartered Professional Accountant), CFA (Chartered Financial Analyst) or equivalent is considered an asset

Experience and Competencies

• A minimum of 3 years of experience in corporate accounting and project accounting with international operations
• Solid knowledge of financial and accounting procedures
• Understanding of project management principles
• Strong ethics, with an ability to manage confidential data
• Knowledge of accounting laws and regulations
• Experience in project budget development and donor reporting; experience with Global Affairs Canada is an asset
• Organized, self-starter and thrive in a high-paced work environment by balancing competing demands and workload to meet strict deadlines in busy periods
• Strong analytical, communication and problem solving skills
• Experience using financial software (MS Dynamics GP, SAGE 50), advanced financial analysis skills in Excel and working with Google Workspace, is an asset
• Adaptable and flexible; able to work independently and collaboratively in multicultural virtual teams, and able to work outside normal hours; occasional travel, domestic and/or international may be required
• Share in WUSC’s commitment and approach to advance gender equality and social inclusion for all young people
• Ability to contribute to WUSC’s organizational culture that respects differences, including sex, age, ability, refugee or migration status, race, ethnicity, religion, gender identity and expression, sexual orientation, and other identity factors

Language Proficiency: Strong verbal and written communication skills in English and French. This is a bilingual position – requires a working knowledge of both official languages (French and English). To qualify, you must be able to speak, read, and write in your second official language at the intermediate level.CONTRACT TERM: 6-month full-time contract, temporary replacement (parental leave)SALARY: WUSC’s Salary Grid Level PRO 2 ($65,300 – $74,700, annually prorated)

Expected salary

$65300 – 74700 per year

Location

Ottawa, ON

Job date

Mon, 15 Apr 2024 22:04:48 GMT

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