Financial Analyst - Canadian Red Cross Society
POSITION: Financial Analyst
DURATION: Permanent, Full Time
DEPARTMENT: International Operations, Finance Services
Do you want to make a difference? Join the world’s largest humanitarian network. The Canadian Red Cross Society, a not for profit, humanitarian organization dedicated to helping the most vulnerable in Canada and throughout the world, is currently seeking a Financial Analyst.
Reporting to the Finance Manager, International Operations, the Financial Analyst provides finance support services to programs managed through International Operations. S/he provides support to ensure the effective management of the administrative and financial aspects of Government and Non-government projects; maintenance, and analysis of monthly reporting and compliance with the Canadian Red Cross accounting policies and procedures.
About the Canadian Red Cross (CRC): http://www.redcross.ca
What will you do
- Prepares and submits monthly project reports for several different projects to Program Managers.
- Prepares and submits quarterly and annual financial reports to Finance Management, in compliance with the reporting requirements set forth in funder agreements, for review and validation.
- Reads and understands project-related partnership, grant, and contribution agreements as they relate to reporting requirements, eligible expenses, and reporting timelines.
- Analyzes actual expenditures to budgets and provides information to explain the variance to Project Managers and/or Finance Management .
- Collaborates with Programming team, advising on all financial related matters
- Liaises with staff in other departments and external customers such as GAC, IFRC and ICRC as required.
- Compiles, maintains, and reconciles all project related financial information for external partners and audits.
- Supports the project budgeting process
- Implements suitable reporting system for each project which includes report formats, field reporting packages and reporting timetables
- Provides support, guidance and training to field personnel who are responsible for administrative and financial aspects of the project. This may require travel to field locations.
- Assists with the collection of the necessary in-Canada and field financial information with the purpose of maintaining appropriate supporting documentation.
- Assists with field monitoring missions for financial assessments of projects.
- Prepares financial transaction batch entries for General Ledger, AP, AR and Trust Modules for posting.
- Performs specific month-end activities related to projects such as preparing project accrual entries and invoicing to external customers.
- Maintains general ledger accounts related to the project to ensure completeness and accuracy. This will include reconciling project trust accounts and advance accounts to field reporting, maintenance of foreign exchange calculations, and reconciling project expenses to financial reports and field reporting.
- Generates all year-end reconciliation and working papers for projects
- Complies with Society management policies and practices
- Prepares ad hoc reports when necessary.
Supports an effective team within a matrix structure
- Provides technical guidance and assist other IO teams as requested.
- Identifies clients’ needs and expectations, agrees on services to be provided and collaborates in meeting their operational needs.
- Fosters teamwork through a professional exchange of experiences and expertise that can be transferred to other areas of work. Ensures sharing and dissemination of services related materials to all concerned actors.
- Provides back-up to colleagues as required.
- Participates in documenting processes and systems to ensure institutional knowledge is shared and allows for easier coverage when needed.
- Follows all CRC’s policies and procedures required to maintain a healthy and safe working environment.
- Performs other duties and work on other projects, as required
What you bring to the organisation
- Post secondary level education in Finance, Business Administration, Accounting or a related discipline or an equivalent combination of education and/or experience.
- Minimum 3 years of job related experience
- Experience working in a cross-cultural environment.
- Knowledge of Financial and Management Accounting, GAAP, Canadian Accounting Standards for Not-for-profit organizations
- Computer literacy is essential. Knowledge of current word processing and spreadsheet (advance level in Excel) applications and accounting software (i.e. Dynamics AX) is required.
- Strong verbal and written communication skills in English (essential)
- Sound budgeting and financial analysis skills
- Strong organization skills, ability to prioritize and meet objectives
- Ability and experience to communicate financial information to non-financial users/clients.
- Ability to work effectively in a fast paced environment with multiple conflicting demands, ambiguity and changing circumstances
- Attention to detail.
You will stand out if you have
- Experience in working in the non-for profit is considered an asset.
- Experience in Government funded projects is considered an asset.
- Enrollment in CPA Program or CPA designation is considered an asset
- French is preferred.
- Experience using CPM software (ie BI360) would be considered an asset.
What we offer
- Competitive pay and benefits package
- Employees Extended Healthcare and Dental plans
- Registered Retirement Savings Plan (RRSP): All employees are entitled to open a RRSP account through voluntary payroll deduction the first of the month following three months of continuous employment
- Travel, accommodation, medical & insurance coverage when deploying [if travel required]
- Pre-deployment and recurring training programs and professional development events in Canada and abroad
- Gym and shower facilities
- Conveniently located in the heart of the city of Ottawa with excellent access to public transportation, shopping, and restaurants.
- Street and indoor parking upon availability
- Modern and flexible working environment that promotes diversity and allows telecommuting.
- The majority of work is performed in a clean and comfortable environment
- May include long to moderate hours sitting and using computers and office equipment
- Ability to work non-traditional hours on short notice
- Excellent physical & mental health with the ability to complete and maintain a thorough medical screening and receive medical clearance prior to departure in the field
- Completion of mandatory online courses and in-person training as required upon selection and onboarding
- Successful completion of Vulnerable Sector criminal record and professional reference checks.
How to apply
Interested candidates may submit their application by applying on the Canadian Red Cross Online Career Website.
Please note that there is no relocation package for this position.
This position requires a successful Canadian criminal record, reference check, valid provincial driver’s license, valid passport and First Aid certification. The Canadian Red Cross Society is an equal opportunity employer.
The Canadian Red Cross is committed to diversity and inclusion in our workplace. All qualified applicants will receive consideration for employment without regard to sex, gender identity, gender expression, sexual orientation, race, color, religion, national origin, disability, age, or any other characteristic protected by law. We welcome applications from all applicants particularly Aboriginal persons, persons with disabilities, ethnic minorities, visible minorities, and others who may contribute to diversification and share our values.
Please notify us as soon as possible of any particular adaptive measures you might require at any stage of the recruitment process.