Senior Financial Analyst

Position: Senior Financial Analyst

Location: London, Ontario

Position Type: Full-time, 3-year renewable contract.

Hiring Range: $63,800-$79,700. 

Application Deadline: July 25, 2024 at 11:59PM.

About Ivey Business School:

Ivey Business School acknowledges and respects the traditional lands of the Anishinaabek, Haudenosaunee, Lunaapéewak, and Attawandaron peoples, where Western University and Ivey Business School are located. This land continues to be home to diverse Indigenous peoples, whom we recognize as contemporary stewards of the land and vital contributors of the community.

Ivey Business School (www.ivey.ca) at Western University (www.uwo.ca) is Canada’s leading provider of real-world, case-based business education. Drawing on extensive research and business experience, Ivey’s faculty provides the best classroom experience, equipping students with the knowledge, skills, and capabilities they need to confidently take on today’s leadership challenges and opportunities through Case-Method Learning. Ivey offers undergraduate and graduate degree programs, as well as Executive Education at campuses in London, Toronto, and Hong Kong.

The Finance team is responsible for managing the Ivey Business School’s financial resources and ensuring fiscal responsibility. This includes budgeting, financial reporting and analysis, working capital management, and compliance. The Finance team plays a central role in the academic mission of the school by ensuring sound financial management, effective resource allocation and compliance with regulatory requirements.

Position Overview:

Reporting to the Director, Finance, the Sr. Financial Analyst assists in providing timely and accurate financial information for the Ivey Business School at Western University (IBS). Leads the preparation of the annual budget, quarterly forecast, financial reports, and variance analysis. Ensures proper recording in the books of account for timely and accurate financial information. Prepare general journals, balance sheet account reconciliation and month/year-end working papers, as required, in timely and accurate manner for IBS.

Responsibilities:

Prepare Financial Budgets, Forecasts, and Variance Analysis

• Lead the preparation of the budget templates, forecast, and annual budget process.
• Review department results against budget and variance reporting. 
• Meeting with department leads to explain and understand variance analysis and accurate forecast future spend.
• Prepare and distribute financial statements and budget templates.

Research Accounting and Special Fund Reporting

• Work with Research Office to ensure accurate financial reporting
• Prepare and distribute monthly financial statements and weekly fund balance reports to relevant individuals
• Review fund balances to ensure compliance with university policies and prepare journal entries where required

Review and Approve Expense Claims and Payroll Related Documents 

• Understanding of university policies and procedures
• Liaison with Western main campus to ensure to problem solve policy questions
• Final review of expense report submissions to ensure budget and policy compliance. 

Tuition Reconciliation

• Monthly/Quarterly reconciliation of tuition balances between Ivey Business School accounting records and Western Registrar records
• Prepare analysis to review with Program Office to explain discrepancies to budget and potential errors.
• Review results with Director of Finance

Financial Modelling and Financial Projects

• Work alongside the Director of Finance to complete special financial projects.
• Identify opportunities to improve financial processes.

General Journals, Balance Sheet Account Reconciliation and Working Papers

• Preparation of general journal entries
• Balance sheet account reconciliation and month/year end working papers as required.
• Ad hoc report creation based on departmental demands

Other

• Act as backup for Senior Financial Analyst, Payroll and other finance department staff as required.
• Bank deposit and reconciliation as required
• Organizing filing system for easy access to information.

Qualifications: 

Education & Experience

• Professional accounting designation (CPA or equivalent designation) or a finalist in the CPA program of study.
• University degree in related discipline.
• Financial modelling experience.
• 3-5 years of experience in varied accounting functions

Skills & Abilities 

• Strong business acumen, analytical and critical thinking skills.
• Strong MS Excel Skills (expertise with advance formulas such as Power Query, xlookup, pivot tables, charts, and data tables, etc.), Office, and accounting software Strong fundamental knowledge of financial and accounting principles
• Excellent organizational and interpersonal skills.
• Strong problem-solving skills.
• Proven ability to work under pressure, meet deadlines, and follow directions.
• Ability to communicate effectively, both verbally and in writing.
• Demonstrated ability of working in a team.
• Excellent customer service skills.
• Strong attention to detail and accuracy.
• Professionalism and diplomacy; sensitivity in working with confidential information.
• Possess the Ivey Business School Values of Integrity, Inclusivity, Community and Courage

What We Offer:

• Flexible or hybrid work plans for many roles
• A collaborative and engaging work culture
• Opportunity to join a community of people-focused professionals
• Market competitive compensation with annual increases available 
• Generous benefits package with employer-paid premiums, including a comprehensive Health and Dental Plan, Health Care Spending Account, short- and long-term disability programs, no waiting period required.
• Enhanced mental health benefits coverage and resources.
• Life and AD&D insurance for you and your family.
• Out-of-country travel insurance.
• Employee and Family Assistance Program.
• Pregnancy and Parental top-up leave program.
• A generous group retirement savings plan with 7.5% employer contributions. 
• Vacation starting at 15 days per year plus 2 paid Ivey Personal Days.
• Paid time off during the School’s December holiday closure.
• Numerous campus-wide arts, culture, and sport events.
• Supports for professional development and career progression opportunities.

Equity, Diversity, and Inclusion at Ivey

Ivey Business School is committed to Equity, Diversity, and Inclusion. Please explore Ivey’s EDI homepage for more information on Ivey's commitment to EDI, to read about Ivey’s progress in the EDI Update, and to meet Ivey’s EDI Advisory Council members.

Ivey Business School invites applications from all qualified individuals. Ivey is committed to employment equity and diversity in the workplace, and welcomes applications from women, members of racialized groups/visible minorities, Indigenous persons, persons with disabilities, persons of any sexual orientation, and persons of any gender identity or gender expression.

Accommodation
Prior to the next step in the recruiting process, we welcome you to inform us confidentially if you may require any accommodations in order to participate fully in our recruitment experience. Please contact us at hr@ivey.ca to notify us of any needs related to completing the job application, and/or throughout the recruitment process.

Application:

If you're excited about joining Canada's leading business school and meet the qualifications, please submit your resume and cover letter via the Ivey Careers page by the application deadline.

*Please note only selected candidates will be contacted.


Learn more and Apply