Financial Analyst

World University Service of Canada; Ottawa; Hybrid; CAD 61,000 - 72,000; Full time

Job summary

A Canadian non-profit organization is seeking a Financial Analyst in Ottawa. The role involves financial accounting, project monitoring, and reporting, requiring fluency in both English and French. Ideal candidates should have a degree in Finance or Accounting and at least three years of experience in a similar role. This position offers a hybrid work environment and competitive benefits.

Benefits

35-hour workweek

4 weeks annual leave

Paid sick days

Health and dental coverage

Parental leave top-up

Qualifications

• Minimum of three years of experience in corporate accounting and project accounting.
• Strong proficiency in spreadsheets including complex formulas.
• Experience with Google Suite is an asset.

Responsibilities

• Perform month-end and year-end closings and deferred revenue reconciliations.
• Prepare monthly, quarterly, and year-end financial reports.
• Ensure implementation of necessary financial controls.

Skills

Fluency in English

Fluency in French

Proficiency in Excel

Strong analytical skills

Communication skills

Problem-solving skills

Interpersonal skills

Education

University degree in Finance, Accounting, or related field

Tools

MS Dynamics GP

NetSuite

SAGE 50

Job description

POSITION TITLE: Financial Analyst

POSITION LOCATION: Ottawa, Canada, preferred, hybrid/ remote

REPORTS TO: Finance Portfolio Manager

CONTRACT TERM: Indeterminate

SALARY LEVEL: PRO 2 ($61000- $71700)

EXPECTED START DATE: January 2025

LANGUAGES: Fluency in both English and French required

Do you have experience with the financial accounting and administration of project activities? Are you a self-starter? Results oriented? Do you enjoy working as part of a team?

Background

WUSC is a Canadian non-profit organization working to create a better world for all young people. We bring together a diverse network of students, volunteers, schools, governments, and businesses who share this vision. Together, we develop solutions in education, economic opportunities, and empowerment to overcome inequality and exclusion for youth around the world, particularly young women and young refugees. WUSC currently works in 25 countries across Africa, Asia, the Middle East, and the Caribbean, with an annual budget of approximately CAD $40 million. We have over 90 staff in our Ottawa office, and over 200 people overseas implementing 16 development projects in collaboration with donors such as Global Affairs Canada, the UK Department for International Development (DFID), the World Bank, the Asian Development Bank, the Mastercard Foundation, and the African Development Bank.

Responsibilities

Under the supervision of the Finance Portfolio Manager, the Financial Analyst (FA) will be responsible for a number of projects overseas and in Canada. Specific responsibilities include:

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.
• Track and reconcile outstanding receivables and payables from/to project stakeholders.
• 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 required.

Qualifications and Competencies

Education

• University degree in Finance, Accounting, or a related field.

Experience & Competencies

• A minimum of three (3) years of experience in corporate accounting, and project accounting with international operations.
• Strong proficiency in spreadsheets (Excel) including complex formulas.
• Proficiency with accounting packages (such as MS Dynamics GP, NetSuite, SAGE 50).
• Strong analytical, communication and problem solving skills.
• Capacity to identify and articulate potential problems and provide possible solutions in a concise and clear manner.
• Excellent computer skills; experience with google suite is an asset.
• Ability to prioritize, organize, work independently, and take initiative.
• Strong interpersonal and cross-cultural communication skills.
• Curious, enthusiastic and willing to innovate and adapt.

Why Work With WUSC?

• 35-hour workweek, ability to work flexible hours.
• Remote-friendly workplace, with free access to our Ottawa office.
• 4 weeks annual leave, plus the week between Christmas and New Year.
• Paid sick days (10) and special leave days (5).
• Extensive health and dental coverage for you and your dependents, 100% covered by us.
• Group RRSP contributions, from day 1.
• 300$ reimbursement for home office equipment.
• Parental leave top-up.
• Being part of a friendly, caring and enthusiastic team!

Applications

WUSC’s activities seek to balance inequities and create sustainable development around the globe; the work ethic of our staff, volunteers, representatives and partners shall correspond to the values and mission of the organization. WUSC promotes responsibility, respect, honesty, and professional excellence and we will not tolerate harassment, coercion, sexual exploitation or abuse of any form. Successful applicants will be required to undertake an enhanced criminal record check where appropriate.

WUSC is an equal opportunity employer. We welcome and encourage applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection process.

Only those candidates selected for an interview will be contacted. No telephone calls please.

If you wish to apply for this position, please follow this to register on WUSC’s candidate database.