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Director, Finance and Reporting

Queen's Student Alumni Association

Kingston

On-site

CAD 100,000 - 137,000

Full time

4 days ago
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Job summary

An established industry player is seeking a Director of Finance and Reporting to oversee financial planning and budgeting for their engineering faculty. This pivotal role involves managing financial operations, ensuring compliance with university policies, and leading strategic financial initiatives. The ideal candidate will possess a strong background in accounting and financial management, with excellent leadership and communication skills. Join a diverse and inclusive team dedicated to fostering a transformative educational experience while making a significant impact on the faculty's financial health.

Qualifications

  • University degree and CPA designation required.
  • 7+ years of experience in financial management.
  • Strong knowledge of accounting practices.

Responsibilities

  • Lead budgeting and financial planning for the Faculty.
  • Ensure accurate financial reporting and compliance.
  • Manage faculty-wide financial operations and resources.

Skills

Budget Management
Financial Planning
Accounting Principles
Analytical Skills
Interpersonal Skills
Communication Skills
Leadership

Education

University Degree
Professional Accounting Designation (CPA)

Tools

Microsoft Office
PeopleSoft

Job description

1 day ago Be among the first 25 applicants

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Competition Number: J0425-0824

Position Title: Director, Finance and Reporting

Position Number (Final): 00127905

Employee Group: Managerial & Professional

Job Category: Audit, Finance, and Procurement

Department or Area: SmithEng - Faculty Office

Location: Kingston, Ontario, Canada (On-site)

Salary: $100,000.00 - $137,000.00/Year

Grade: 11 Review Salary Information Here

Hours per Week: 35

Job Type: Permanent (Continuing)

Shift: 7 Monday - Friday

Number Of Positions: 1

Date Posted: April 25, 2025

Closing Date: May 11, 2025

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COVID 19 On-Campus Requirements

Prior to May 1, 2022, the University required all students, faculty, staff, and visitors (including contractors) to declare their COVID-19 vaccination status and provide proof that they were fully vaccinated or had an approved accommodation to engage in in-person University activities. These requirements were suspended effective May 1, 2022, but the University may reinstate them at any point.

About Queen's University

Queen’s University is the Canadian research intensive university with a transformative student learning experience. Here the employment experience is as diverse as it is interesting. We have opportunities in multiple areas of globally recognized research, faculty administration, engineering & construction, athletics & recreation, power generation, corporate shared services, and many more.

We are committed to employment equity and diversity in the workplace and welcome applications from individuals from equity seeking groups such as women, racialized/visible minorities, Indigenous/Aboriginal peoples, persons with a disability, persons who identify in the LGBTQ+ community and others who reflect the diversity of Canadian society.

Come work with us!

Job Summary

Reporting to the Executive Director, Finance and Operations, and working closely with the Dean, Vice Dean, Associate Deans and Department Heads, the Director, Finance and Reporting is responsible for leading the administrative execution and supporting the strategic oversight of the financial planning, budgeting and reporting functions of Smith Engineering.

The Director serves as a member of the Faculty’s Operational Team by planning, analyzing, managing and reporting on budget administration and business operations for the Faculty. This role significantly contributes to the short and long-term strategic planning for the Faculty, specifically as it relates to developing budgets, and maintaining and monitoring internal administrative systems to ensure optimal use of financial resources.

The Director ensures that the Faculty’s financial resources are effectively and efficiently managed in line with the Faculty’s strategies and reporting is timely and accurate. The Director liaises with the Central Budget Office and Financial Services at Queen's University, ensuring University general finance, research, and payroll policies are communicated and implemented across the Faculty. The Director may be involved in discussions on various university-wide issues and policy formation.

Job Description

KEY RESPONSIBILITIES:

Serve As The Faculty’s Primary Contact For Financial Administrative Matters And Has Management Oversight Of Faculty-wide Financial Operations, Budgeting, Reporting, And Controls Within Smith Engineering. This Includes Responsibility For The Following

  • Budget Management and Financial Planning
  • Lead the Faculty’s annual consolidated budget review process including the preparation, submission, and analysis of faculty-wide departmental budgets. This involves providing guidance and advice to Department Heads and Department Managers on how to effectively plan and manage departmental budgets;
  • Lead and coordinate the development and submission of the Faculty’s quarterly financial forecast. Ensures appropriate data is collected from both internal and external sources, and is organized, summarized and submitted in accordance with the Central Budget Office’s guidelines and timeline;
  • Oversee the maintenance of the Faculty’s budget allocation model;
  • Develop, manage and analyze financial, statistical, student, budgetary and staffing information needed for short and long term planning and the efficient operation of the Faculty;
  • Work closely with the Executive Director, Finance and Operations, Dean, Vice-Dean, Associate Deans, and Department Heads on a variety of projects, making recommendations for the financial resources of the Faculty. Responds to inquiries and provides information, support, and advice on resource allocation decisions;
  • Provide financial modelling and advice to the leadership team, for the assessment of new programs, including multi-year projections for program planning and development, and ongoing program management to ensure appropriate pricing relative to costs, while ensuring the highest standards of customer service and program delivery.
  • Financial Monitoring and Reporting
  • Monitor the day-to-day operations of the financial activities and resources of the Faculty Office including the authorization of expenditures and the management of budgets;
  • Oversee the administration of faculty-wide departmental accounts to ensure accuracy and validity, and compliance with the University’s financial and accounting policies, and recommends changes as appropriate. This includes monitoring of faculty-wide carry-forward balances and providing advice and assistance to Department Managers and Administrators on how to address deficit positions and promote financial sustainability;
  • Oversee the development, documentation, and validation of reports, PeopleSoft (PS) Queries and other analyses to facilitate effective decision making and strategic planning for Smith Engineering. This will include determining enhanced analyses, reports and validation tools required to support implementation and transparency of key initiatives. Oversee the activity related to processing of department financial transactions and the of payments and journal entries;
  • Manage the detailed Faculty-wide salary budget including responsibility for authorizing the renewal of employment contracts and providing budget approval for recruiting for new and vacant positions across the Faculty;
  • Support the monitoring and management of research accounts in consideration of university policies and processes.
  • Administer, monitor and report on endowment, trust, and chair funds maintained by the Dean’s Office, as well as monitoring and analyzing Faculty-wide departmental trust and endowment accounts to promote timely use of donated funds in accordance with the terms of reference;
  • Manage the preparation of financial reports for external funding agencies (i.e. MTCU, NCDEAS, etc.) and/or donors as required;
  • Oversee the reporting and tracking of moveable assets and other Faculty-wide asset acquisitions in accordance with University policy.
  • Management of Staff
  • Plans, prioritizes and manages the work of employees, providing strategic and tactical advice, guidance and coaching. Identifies the need for staff resources, participates

on staffing committees, and makes effective recommendations regarding employee selection.

  • Manages performance by establishing performance standards, reviewing and evaluating performance and conducting formal performance reviews on an ongoing basis.
  • Assesses staff training and development needs, and ensures that employees receive training required to improve and sustain successful performance.
  • Supports, addresses and resolves employee/labour relations issues.
  • Other
  • Recommend and implement process and system improvements that enhance the financial operations and support financial and accounting policies. This includes developing and maintaining a system of internal controls and risk management plus implementing the University’s financial policies across the Faculty;
  • Support the implementation of new financial systems/tools and budget processes;
  • Represent the Faculty by participating in discussions on various university-wide issues and policy formulation. Serves on committees as a representative from the Faculty Office, as required;
  • Act as a knowledge resource, subject matter expert, and point of contact for senior management across the University and external auditors as necessary; and,
  • Undertake other duties including special projects, as assigned.

Required Qualifications

  • University degree plus a Professional Accounting designation (i.e. CPA) with several years of related experience.
  • Seven or more years of related post-degree experience in a business or university environment at a senior level with demonstrated progressive responsibility in managing financial, and human resources.
  • Demonstrated knowledge of standard accounting practices, proven budget management skills and account administration experience.
  • Knowledge of University structures, policies, and administrative systems will be considered an asset.
  • Experience in research accounting is an asset.
  • Knowledge of applicable legislation and regulations.
  • Satisfactory Criminal Record Check.
  • Consideration may be given to an equivalent combination of education, accounting, and business experience

Special Skills

  • Respects diversity and promotes inclusions in the workplace.
  • Superior interpersonal and communication skills (verbal, written, and presentation) combined with an ability to influence and to clearly communicate complex financial information and concepts in clear, operational terms to non-financial staff.
  • Ability to lead, organize, motivate and develop staff, in particular those that are not direct reports.
  • Ability to grasp concepts and ideas quickly and work effectively with the context of the “big picture”, integrity, professional attitude and confidence, tact and compassion.
  • Strong customer service orientation that meets the demands of Smith Engineering.
  • Sound knowledge of internal control and risk management principles to implement policies and processes.
  • Sound judgment and superior analytical, interpretive and problem-solving skills.
  • Strategic planning, budgeting and financial management skills.
  • Strong commitment to acquire new knowledge to further personal and professional development and to keep informed of changes within and outside the university community.
  • Ability to work independently and in a collaborative team environment.
  • Auditing and analysis skills to generate sophisticated analyses and financial reports utilizing data from financial accounting systems. Proficiency in using a variety of information technology tools (in particular, Microsoft Office tools, spreadsheet analysis, word processing) and the ability to understand and adapt new tools to business operations.
  • Strong organizational and time management skills with the ability to cope with multiple competing demands, priorities and deadlines and resolve priority conflicts.
  • Ability to exercise tact, objectivity, fairness, impartiality and flexibility without compromising standards and established policies.

Decision Making

  • Determine analysis required to provide appropriate advice to support strategic decision making regarding best course of action(s) regarding budget issues, large expenditures and financial planning matters.
  • Provide assistance with determining the content and critical information to be presented in the Faculty’s annual budget submission.
  • Determine how best to account for transactions, based on accounting expertise and analysis of departmental budgets, requests, funding streams, contracts and proposals.
  • Make budgetary decisions, determines budget allocations; define mechanisms for budget and risk monitoring that are consistent with established professional principles; authorizes expenditures and provides oversight for significant or sensitive financial transactions.
  • Use professional practices and principles in developing financial models and reports for the Faculty.
  • Assess information and decides how to respond to inquiries from auditors
  • Make decisions on appropriate procedures, systems and organization for the provision of information and analysis to internal/external stakeholders.
  • Determine the allocation of financial resources to meet the operational needs of the units in the Faculty. Implements the University’s budget model within the Faculty.
  • Identify opportunities and implement process and system improvements to mitigate risk(s) in the Faculty’s financial operations. Determines the best course of action when recommending, communicating and implementing any changes.
  • Exercise judgment on when to involve the Executive Director, Finance and Operations, and/or other senior administration on issues that require decisions, or to make decisions and take independent action, outlining possible impacts (benefits versus costs), and providing options for solutions if required, and ensuring required background information is collected and available. Redistribution of workloads and responsibilities. Use professional practices and principles in developing financial models and reports for the various Faculty departments and programs.
  • Manages human resources matters within portfolio including staffing, development and employee engagement.

Employment Equity and Accessibility Statement

The University invites applications from all qualified individuals. Queen’s is committed to employment equity and diversity in the workplace and welcomes applications from women, visible minorities, Aboriginal Peoples, persons with disabilities, and persons of any sexual orientation or gender identity. In accordance with Canadian Immigration requirements, priority will be given to Canadian citizens and permanent residents.

The University provides support in its recruitment processes to all applicants who require accommodation due to a protected ground under the Ontario Human Rights Code, including those with disabilities. Candidates requiring accommodation during the recruitment process are asked to contact Human Resources at hradmin@queensu.ca.

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