Financial Analyst

Queen's University; Kingston; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading educational institution in Kingston is seeking a Financial Analyst to manage grant funds and provide financial oversight. The role involves preparing reports, budgeting, and supervising staff. Ideal candidates will have a strong background in finance and accounting, with a focus on analysis and compliance with guidelines. This position offers a dynamic work environment with various responsibilities aimed at enhancing financial efficiency.

Qualifications

• Experience in financial reporting and analysis.
• Strong understanding of budgeting and financial forecasting.
• Ability to manage multiple financial projects simultaneously.

Responsibilities

• Coordinates financial activities and identifies associated risks.
• Prepares relevant management reports.
• Oversees financial transactions including accounting management.
• Prepares and monitors budgets.

Skills

Financial analysis

Budget management

Accounting

Data analysis

Education

Bachelor's degree in Finance or related field

Job description

A Brief OverviewReporting to the Associate Director, Finance and Administration in the Vice Principle-Research Portfolio, the Financial Analyst is responsible for providing advice, financial accountability and management for Queen's Tier-I research Institute grant funds. The Financial Analyst will perform a wide range of complex financial duties in the analysis, preparation and maintenance of financial records and reports, including external reporting for research grants; provide oversight and stewardship Institutes' financial control systems; and work closely with funding agencies, Research Accounting, Strategic Procurement Services, the Faculties, partner institutions, and/or University Research Services to ensure adherence to funding guidelines and policies. The incumbent will coordinate the Institutes' annual and long-term budgets and provide advice to Managing Directors on matters related to budget, financial strategy and management.This position administers complex financial responsibilities including analyzing and modelling large statistical data, financial forecasts, and budget information. This position reviews departmental financial policies, internal controls systems, and tools, and administers and performs various accounting and financial administration activities. This position also recommends, develops, and implements best practices to improve efficiency. This position directs, allocates and supervises the work of other staff.

What you will do

• Coordinates financial activities and identifies associated risks.
• Prepares relevant management reports, and performs short and medium-term forecasting and analysis of the department's financial position to support workforce planning.
• Prepares quarterly and year-end reports.
• Oversees financial transactions including accounting management and preparing journal entries.
• Prepares and monitors budgets based on reporting requirements and deadlines.
• Provides expertise and guidance pertaining to accounting, financial and budget activities.
• Recommends and implements policies, procedures, and processes.
• Directs, allocates and supervises the work of other staff.
• Other duties as required in support of the department and/or unit.