Financial Analyst

Durham College; Oshawa; Hybrid; CAD 75,000 - 87,000; Full time

Job summary

Durham College in Oshawa is seeking a Financial Analyst to support budgeting, cash flow, and financial reporting across multiple departments. The role includes preparing budgets, reconciliations, and reports for internal and external stakeholders.

Primary location is Oshawa with occasional travel to Whitby campus. A 4-year degree in Finance/Accounting and 5+ years of budgeting experience are required; strong communication and collaboration skills are essential.

Qualifications

• A minimum of a 4-year degree in Finance, Commerce or Accounting.
• A minimum of five (5) years of work experience developing, maintaining and controlling multi‑divisional budget and financial systems.
• Experience and knowledge of the postsecondary sector with direct experience in budgeting and forecasting, and recording capital assets is considered an asset.
• Excellent verbal and written communication.
• Effective interpersonal skills to deal with competing demands from various sources, ability to adapt quickly to changing priorities, all while building and managing customer relationships.
• Working experience and knowledge/competence in the use of integrated financial systems and data management software tools to perform comprehensive analytical review procedures.
• Must have reliable transportation to travel to Whitby campus to meet with budget holders regarding budgets, reporting and forecasting.

Responsibilities

• Perform financial planning, financial analysis, cash flow projections, tagging of capital and prepare internal and external reports for Durham College.
• Assist in preparation of budgets, aid in submission of external and internal reports, maintain and develop weekly cash flow projections.
• Prepare monthly, quarterly and year‑end reconciliations for Finance and Payroll.
• Adhere to Ministry deadlines and guidelines in submitting required reports; support external auditors and budget holders.

Skills

Verbal communication

Written communication

Interpersonal skills

Budgeting & forecasting

Education

Bachelor's degree in Finance, Commerce or Accounting

Tools

Banner/FAST reporting tools

Job description

Financial Analyst

Competition No. SS26-46

About Durham College:

Durham College (DC) is a leading post‑secondary institution that supports students to develop career‑ready skills for the ever‑changing jobmarket. With a focus on experiential learning, led by expert faculty, through field placements, applied research, co‑ops and other hands‑on opportunities, DC grads are known for having the skills and knowledge they need to adapt to the ever‑changing workforce.

A leader in innovative teaching and learning, Durham College offers a wide range of market‑driven programs across multiple disciplines, including culinary management, farming and horticulture, business, IT, construction and trades, science and technology, health care, engineering, social and community services, media, art and design.

Our modern campuses in Oshawa and Whitby offer 145 programs – including six bachelor’s degrees and 11 apprenticeship programs – to more than 11,000 full‑time post‑secondary and nearly 3,000 apprenticeship students. In addition, we have more than 16,000 student registrations in professional and part‑time learning. More than 120,000 alumni represent the college, both locally and around the world.

DC has an estimated annual economic impact of more than $913 million on Durham Region and is proud to be an active and engaged member of the communities we serve by contributing resources and expertise to enhance social and economic well‑being through partnerships, investments and collaboration.

Position Information

Full‑time Support Staff Position Opportunity Payband: Band I; Starting Rate: $41.20; Four Year Rate: $47.57 Department: Finance Hours: 35 hours per week (1) one hour lunch; Mon – Fri (8:30 am – 4:30 pm) Reporting To: Manager, Planning and Reporting Campus Location: Oshawa (with occasional travel to Whitby campus) Vacancy Status: Existing vacancy

Duties and Responsibilities:

The role of the incumbent is to perform financial planning, financial analysis, cash flow projections, tagging of capital and prepare internal and external reports for Durham College. Specifically, the incumbent will assist in the preparation of budgets, aid in the submission of external and internal reports, maintain and develop weekly cash flow projections, ensure all capital is tagged and correctly entered into the system, journal and budget entries and prepare monthly, quarterly and year‑end reconciliations for Finance and Payroll. The incumbent will adhere to Ministry deadlines and guidelines in submitting all required reports. The incumbent will be a resource person for the external auditors and budget holders throughout the year and will address any issues as required.

Financial Reporting:

• Reconcile operating grants and special purpose funding with the Ministry confirmations to the approved budget
• Reconcile and analyze accounts as required for monthly, quarterly and year‑end financial statements and reporting requirements (including: deferred revenue, accrued liabilities and payroll accounts)
• Assist in the month‑end, quarter‑end and year‑end audit and work with the external auditors to ensure a smooth audit process
• Prepare internal reports for monthly reviews with budget holders
• Prepare monthly payroll reporting for distribution internally
• Prepare all reporting for Research contracts

Budget Planning, Preparation and Review:

• Participate in the development, preparation and maintenance of the annual operating budget
• Liaise with budget holders throughout process, provide guidance/recommendations and clarification to managers and their staff as their individual budgets are prepared
• Analyze budget input in terms of variances to prior year and to stated priorities for new fiscal period, and provide explanations for discrepancies as required
• Assist with the maintenance of the FAST budget module to support integration, consolidation reporting and analysis of budget data
• Prepare ad hoc budget forecasting

Budget Tracking and General Ledger Maintenance:

• Enter budget adjustments and journal entries into the Financial system to ensure the proper recording of revenues and expenses
• Review budget to actual details, address over‑expenditures against budget through liaison with budget holders and recommend actions to assist with any issues
• Analyze year‑end results versus budget and prepare variance explanations
• Validate capital accounts for all capital assets input into finance system before amortization process (i.e. move tags from temporary to permanent status)
• Perform a monthly internal audit for all journal vouchers entered by Finance department to ensure they meet the proper requirements
• Backup to General Ledger & Systems Support Office for Banner and FAST requests
• Cashflow Projection
• Maintain and develop an annual cash flow projection for Durham College
• Projections will include all cash inflows and outflows based on approved budgets and prior year results
• Download on a weekly basis all actual cash transactions and adjust the cash flow projection for future activity

Support to Budget Holders/Departments:

• Provide support and respond to requests from budget holders for support issues and respond to requests from users with information retrieval and results tracking
• Train budget holders on Banner/FAST reporting tools
• Provide support to Research department for financial assistance and report preparation
• Provide support to Payroll department for account reconciliations
• Other duties as assigned

Capital Assets:

• Review activity in Capital Asset accounts on a monthly basis to ensure activity is recorded in appropriate accounts.
• Assess depreciation on Capital Assets and prepare schedule and journal entries to record.
• Assess and record deferred capital contribution entries.
• Lead liaison for external capital audits at year‑end.

Miscellaneous Functions:

• Back‑up for general ledger maintenance
• Other duties as assigned

Qualifications:

• A minimum of a 4-year degree in Finance, Commerce or Accounting.
• A minimum of five (5) years of work experience developing, maintaining and controlling multi‑divisional budget and financial systems is required.
• Experience and knowledge of the postsecondary sector with direct experience in budgeting and forecasting, and recording capital assets is considered an asset.
• Excellent verbal and written communication.
• Effective interpersonal skills to deal with competing demands from various sources, ability to adapt quickly to changing priorities, all while building and managing customer relationships.
• Working experience and knowledge/competence in the use of integrated financial systems and data management software tools to perform comprehensive analytical review procedures.
• Must have reliable transportation to travel to Whitby campus to meet with budget holders regarding budgets, reporting and forecasting.

Job Competition closes at 7:00 p.m. EST on September 17, 2026. Competition number SS26-46.

Contact Us

T: 905.721.3073 [e-mail]

C Wing, Second Floor - 2000 Simcoe St. N. Oshawa, ON

Durham College invites applications from all qualified individuals. Durham is committed to fostering workplace diversity, and, provides accommodations to applicants with disabilities throughout our hiring process. If you require this information in alternate format; require communication supports; an accommodation in applying for a posting and/or if you are selected for an interview, please contact our Human Resources (HR) department and an HR assistant will work with you to meet your needs.

We thank you for your interest in employment with Durham College however, only those candidates selected for an interview will be contacted.

Land Acknowledgement

Durham College is situated on the traditional lands of the First Peoples of the Mississaugas of Scugog Island First Nation. These lands are covered under the Williams Treaties and rest within the traditional territory of the Anishinaabeg. We offer our gratitude to the Indigenous Peoples who care for and, through the treaty process, share the lands on which we live, learn, teach and prosper today.