Financial Analyst

University of British Columbia

Employees – Non Union

Job Class

Job Profile
AAPS Salaried – Accounting, Stage A

Job Title
Monetary Analyst

Administrative Assist Vancouver Coastal Well being Analysis Institute College of Medication

Compensation Vary
$5,622.33 – $8,081.00 CAD Month-to-month

The Compensation Vary is the span between the minimal and most base wage for a place. The midpoint of the vary is roughly midway between the minimal and the utmost and represents an worker that possesses full job information, {qualifications} and expertise for the place. Within the regular course, staff will probably be employed, transferred or promoted between the minimal and midpoint of the wage vary for a job.

Posting Finish Date
February 23, 2024

Observe: Functions will probably be accepted till 11:59 PM on the day previous to the Posting Finish Date above.

Job Finish Date

This place is situated inside a health-care facility, due to this fact, the profitable candidate will probably be required to offer verification of full vaccination in opposition to Covid-19 offered previous to the beginning date, as required by a provincial well being mandate.  

At UBC, we imagine that attracting and sustaining a various workforce is essential to the profitable pursuit of excellence in analysis, innovation, and studying for all college, employees and college students. Our dedication to employment fairness helps obtain inclusion and equity, brings wealthy range to UBC as a office, and creates the required circumstances for a rewarding profession. 

Organizational Standing

VCHRI is a analysis institute inside the UBC College of Medication, and can be a division beneath the VP Analysis, VCH.  VCHRI contains greater than 1,500 personnel engaged in analysis in eight analysis centres in addition to a wide range of analysis packages and evolving analysis areas which are identified nationally and internationally for his or her analysis excellence.  VCHRI is certainly one of Canada’s top-funded well being analysis institutes, attracting $90 to $100 million in annual analysis income.  VCHRI’s actions vary from laboratory-based analysis to realize understanding in regards to the human physique and well being circumstances, to medical analysis centered on evaluating new methods to offer affected person care.
The College of Medication (FOM) consists of 19 tutorial fundamental science and/or medical departments, three faculties, and a lot of analysis centres and institutes. The College’s annual consolidated price range is over $600 million together with working, analysis, particular function, endowment and belief funds. The College has roughly 2200 administrative assist, technical/analysis and administration {and professional} employees, as effectively roughly 650 full-time tutorial and 8500 medical college members. Along with its companions together with BC’s six Well being Authorities and their affiliated educating hospitals, the College offers revolutionary packages within the areas of well being and life sciences by means of a province-wide supply mannequin. College-based educating, analysis, and administrative websites embrace UBC Level Gray, UBC Okanagan, Diamond Well being Care Centre, and the Universities of Victoria and Northern BC, house to our affiliated medical faculty coaching packages in addition to different schooling centres. College, employees and college students are additionally situated inside our medical tutorial campuses in hospital settings and different regionally primarily based centres throughout the province.

Work Carried out

– Supplies assist for the strategic monetary instructions of VCHRI.
– Plans, coordinates, prepares, recommends and implements actions to enhance monetary efficiencies.
– Prepares quarterly and annual monetary experiences for VCHRI, together with the Centre for Scientific Epidemiology & Analysis (C2E2) and the Medical Animal Amenities (MAF).
– Critiques and analyzes income and expenditure variances and highlights anomalies. Troubleshoots issues to decision and follows up on issues with applicable items.
– Meets recurrently with the workforce to ascertain goals and priorities and to develop and suggest monetary fashions, plans and methods to enhance unit operations.
– Supplies strategic monetary evaluation to assist analysis initiatives. Updates forecasts and budgets in UBC’s Hyperion budgetary system. Liable for planning, forecasting and analyzing unit operational prices to make sure brief time period resourcing and long run sustainability are met.
– Supplies recommendation and assist in all monetary administration to VCHRI, C2E2, and MAF by making ready monetary analyses, summaries, and variance experiences.
– Manages VCHRI’s Analysis Assist Fund (RSF) together with the distribution of funds to VCHRI analysis centres and packages, displays compliance with the RSF tips, and prepares the annual consolidated RSF monetary report.
– Manages VCHRI’s Overhead funding together with the evaluation of adjustments to overhead obtained from UBC and Hospital accounts, and the distribution of overhead to VCHRI analysis centres and packages, VGH and UBC Departments.  Prepares allocation experiences to a number of stakeholders and resolves points the place researchers are affiliated to a couple of analysis centre.
– Oversees the monetary operations of VCH analysis accounts together with monitoring monetary transactions, reconciliation of accounts, preparation of value restoration, administration of analysis account arrange and closure, and upkeep of entry requests and adjustments to the monetary signing registry in VCH PeopleSoft.
– Manages interval finish, quarter finish, and yr finish processes together with accruals and adjusting entries to make sure that monetary statements precisely mirror the Institute.
– Manages VCH analysis account deficits by performing account evaluation by strategies comparable to reviewing, extracting, and deciphering info so as to decide corrective actions to resolve the deficits.
– Plans and develops monetary procedures for the VCHRI Inner Awards & Analysis Training program.  Critiques and tracks receipt of funding, award progress, and disbursements.
– Plans and develops monetary procedures for VCH IMITS analysis tech orders together with monitoring of all orders, value allocation and invoice again of exterior orders, and periodic overview of inner orders.
– Develops and implements insurance policies and procedures referring to efficient administration of economic sources. Makes suggestions concerning monetary processes and procedures within the Institute.
– Interprets and displays monetary insurance policies and procedures established by VCH, UBC and the granting companies that have an effect on the usage of grant funds, and ensures compliance with Canada Income Company, the College, and the Well being Authority’s rules. Granting companies cowl all ranges of governments and trade companions on a nationwide and worldwide degree.
– Complies with Typically Acceptable Accounting Rules (GAAP)
– Develops and displays inner controls and ensures each monetary and non-financial dangers are mitigated.
– Undertakes particular monetary associated initiatives as required i.e. – participates in growing the price range and monetary reporting for the BC Well being Analysis Connection Challenge.
– Sustaining schooling and coaching on monetary practices for researchers and analysis directors of VCHRI.
– Performs different associated duties and obligations as directed by the Finance Supervisor, VCHRI, and the Sr. Finance Supervisor, UBC College of Medication.
– Touring as required to attend conferences and conferences.

Supervision Obtained

The Monetary Analyst has a twin reporting construction to the Finance Supervisor, VCHRI and the Sr. Finance Supervisor, UBC College of Medication, and is anticipated to work independently in a collaborative {and professional} surroundings.

Supervision Given


Consequence of Error/Judgement

The Monetary Analyst should have a excessive degree of consideration to timeliness, element and accuracy. Should train judgment primarily based upon a radical information of procedures, tips and rules. Errors in judgment could impression the long run monetary and operational actions of VCHRI.  Inappropriate choices or poor monetary administration and management might have critical impression on the monetary place of the Institute, and will in the end lead to monetary loss and/or authorized legal responsibility. Errors concerning the monetary operation might lead to audit issues in addition to incorrect funds inflicting critical monetary issues for the people concerned.
Inappropriate prioritization of workload might lead to lacking necessary deadlines and doable monetary loss. The failure to offer enough price range planning paperwork might undermine the Institute’s skill to set and implement priorities for allocation of sources, leading to an lack of ability to attain and meet strategic monetary targets which might lead to lack of stature and credibility to the College, the ministries, Hospital Well being Authority, native and worldwide sponsors.
The place works with a excessive diploma of impartial determination making and performs advanced monetary administration features. This place offers monetary and strategic planning recommendation to the VCHRI and is important for long run sustainability and progress of the Institute.

Minimal {Qualifications}
Undergraduate diploma in a related self-discipline. Completion of at the least 7 of the 14 CPA tutorial conditions. Minimal of two years of associated expertise, or the equal mixture of schooling and expertise Undergraduate diploma in a related self-discipline and completion of at the least 7 of the 14 CPA tutorial conditions.   

– Willingness to respect numerous views, together with views in battle with one’s personal
– Demonstrates a dedication to enhancing one’s personal consciousness, information, and expertise associated to fairness, range, and inclusion
Most popular {Qualifications}

Expertise in a non-profit or college setting an asset.
Expertise with VCH PeopleSoft, Monetary Signing Registry, eProcurement, Provide Chain, and IMITS procedures most popular.
Expertise with UBC Workday together with Finance and Human Assets modules – accounting journals, provider funds, division billing, and expertise with Provide Administration procedures and Hyperion Budgeting system most popular.Monetary and Human Assets techniques and Provide Administration procedures together with FMS, P-Card, Peoplesoft Budgeting, HRMS and Place Administration most popular.  Thorough information of accounting audit, budgeting ideas and practices and monetary planning and basic enterprise practices required. Data of contracts, authorities and UBC insurance policies and rules, grant administration and procedures associated to finance, payroll and audit. Demonstrated ability in price range preparation and administration. Demonstrated management and supervisory expertise. Skill to work successfully with minimal supervision. Skill to train sound judgement. UBC FMS certification will probably be required. Skill to speak successfully verbally and in writing. Skill to work successfully independently and in a workforce surroundings. Skill to use usually accepted accounting ideas and monetary administration ideas in an applicable method. Skill to reconcile accounts and to resolve discrepancies. Skill to research issues, determine key info and points, and successfully resolve. Skill to successfully use computer systems and pc software program. Demonstrated superior information and ability in the usage of monetary software program functions, databases, spreadsheets, and phrase processing. Particular packages, though not completely, are Outlook, Phrase, Excel, PowerPointQuickbooks, UBC Workday and Hyperion, FMS, and UBC and VCH PeopleSoft. Skill to prioritize and work successfully beneath stress to fulfill deadlines. Skill to successfully handle a number of duties and priorities. Skill to organize monetary experiences. Skill to carry out advanced evaluation. Skill to keep up accuracy and a focus to element. Skill to train judgement, tact, discretion and confidentiality in all issues and to keep up efficient working relationships with inner and exterior contacts.

Fairness and variety are important to tutorial excellence.  An open and numerous neighborhood fosters the inclusion of voices which were underrepresented or discouraged.  We encourage functions from members of teams which were marginalized on any grounds enumerated beneath the B.C. Human Rights Code, together with intercourse, sexual orientation, gender id or expression, racialization, incapacity, political perception, faith, marital or household standing, age, and/or standing as a First Nation, Metis, Inuit, or Indigenous particular person.
All certified candidates are inspired to use; nevertheless Canadians and everlasting residents will probably be given precedence.

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