Financial Analyst, Business Operations

Financial Analyst, Business Operations Primary Purpose In support of the university’s core mission of teaching, learning and research, the financial analyst, is part of the business operations team and is responsible to advise and support a variety of stakeholders on tax, financial reporting, and payment matters to ensure that institutional systems and processes meet regulatory, internal control, and policy requirements. Acting in a consultative fashion as a subject matter expert, this role coordinates, promotes and monitors institutional-level accountabilities under the direction of Business Operations and university administration. Nature of Work Reporting to the Senior Tax Specialist, the financial analyst is a member of a team of professionals that provides business operations and financial advisory services to stakeholders across campus. The financial analyst ensures the university adheres to all applicable rules, regulations, university policies, and procedures. This position analyzes and advises on operational processes to ensure they meet compliance and reporting requirements. The incumbent will apply strong research skills to translate regulatory requirements to processing units. This position is expected to use their expert knowledge in the areas of accounting and tax to transfer knowledge of applicable regulations to key partners and the campus community. This role will require collaboration with a variety of stakeholders, the ability to balance interests and to foster relationships will be a key component. This position will also support the accounts receivable management process in collaboration with the research accounting team. In addition, the position will undertake other responsibilities that support the team’s compliance and reporting requirements. This position has a high-volume workload, often with competing demands, that must be effectively prioritized. Activities may include financial analysis; tax-related reporting; policy and procedure analysis; policy drafting; financial statement preparation; accounting receivable reporting; accounting review, journal voucher review and approval, documentation, and enhancement of controls and business processes; assisting with variance analysis and reconciliations; and other projects or duties which may be identified. Business Operations is committed to fostering a workplace culture that promotes diversity, collaboration, and professional growth. It should be noted this position may require working hours outside the normal work week during peak financial reporting times (quarter end and year-end), which is balanced through flexible work. Typical Duties or Accountabilities: Tax-Related Oversight Ensure payroll processes are meeting regulatory, policy, and compliance accountabilities in collaboration with ConnectionPoint shared services team that provides these services. Ensure payment processes are meeting tax regulatory, policy, and compliance accountabilities in collaboration with procurement and the ConnectionPoint shared services team that provides these services. Ensure that required tax reporting and remittances are issued, reported, and reconciled on a timely basis including non-resident withholding tax, T4, T4A, T4ANR, NR4, GST, and PST returns. Execute institutional strategies under the direction of Business Operations in collaboration with other university business units. Supporting the reconciliation of WCB insurable payroll and forecasts. Provide professional advice and guidance on tax related matters, particularly as it relates to payroll, payments, taxable benefits, and application on revenue sources. Serve as a contact with CRA and monitor online business accounts for items requiring action. Financial Reporting Support accurate accounting within key payroll and payment processes to ensure consistency with university financial reporting. Ensure accurate reporting and monitoring processes are in place within processing units to ensure strong f…

View the full posting and apply