Senior Financial Analyst - Financial Reporting
Senior Financial Analyst - Financial Reporting
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Job Description
Please note this role will work in a hybrid environment. The successful candidatemust be located near our Ottawa (1800 Alta Vista Drive) Canadian Blood Services office and will be workinga mixture of on and off-site work based on the parameters for our operations to meet the needs of our donors our staff and our communities. Currently employees are expected to have an in-person presence for at least 40% of their work time. This requirement may vary depending upon circumstances.
Job category: Accounting and finance
Job posting ID: 7598
Employment status: Regular full-time
Classification: PTS/MGT/IT B
Salary/Rate of pay: $89894.00 - $108493.00
Application deadline:
- This external job posting may close earlier than the advertised deadline. We recommend applying as soon as possible.
Application requirements:
- Your up-to-date resume.
- We recommend you save a copy of the job posting for reference throughout the recruitment process.
Do you currently work for Canadian Blood Services All employees must apply via the internal career page.
Together we can make all the difference in the lives of others.
Be part of a dynamic collaborative and caring organization committed to saving and improving lives. Thousands of patients depend on us every day for reliable access to safe blood plasma stem cells and organs and tissues.
If you are looking for a rewarding experience with a values and mission-driven team join Canadas Lifeline and make a meaningful difference.
We acknowledge that the work of Canadian Blood Services spans many Territories and Treaty areas across the country and we are grateful for the Traditional Knowledge Keepers and Elders who have guided us in this important work. We recognize the land and waters that have inspired our work and offer gratitude to those Indigenous peoples on whose territory we work live and play.
About the role
Canadian Blood Services is looking for aregular full-time Senior Financial Analyst Financial Reportingto join our dynamicFinancial Reporting team.
TheFinancial Reporting team is responsible for supporting Canadian Blood Services by preparing financial reporting and related materials to various board and committees for Canadian Blood Services various entities including Canadian Blood Services its captive insurance entities and its pension plans. The team plays a key role in reporting financial matters to external stakeholders and owns the relationship with external auditor function that is critical to ongoing funding.
In this role you will require a strong understanding of financial concepts principles and applications and possess the ability to analyze investigate prepare and present complex accounting issues in a clear and concise addition you will lead initiatives to advance the maturity and effectiveness of the organizations treasury function. This role is responsible for enhancing cash flow forecasting accuracy optimizing liquidity management processes and strengthening treasury policies and controls. The ideal candidate will identify gaps and opportunities implement best practices and drive continuous improvement to support the organizations strategic financial objectives.
Formula for Success
Captive Insurance
- Maintain accurate and complete accounting records for the assigned captive insurance company including journal entries reconciliations accruals and adjustments in accordance with accounting policies.
- Prepare monthly quarterly and annual financial statements in accordance with International Financial Reporting Standards (IFRS) or other regulatory requirements.
- Prepare and validate consolidation entries and supporting schedules to ensure accurate complete and timely reporting within Canadian Blood Services consolidated financial statements in compliance with accounting standards and organizational policies.
- Develop clear and concise financial briefing notes variance analysis and recommendations for presentation to the captive insurance and Canadian Blood Services board of directors.
- Coordinate and prepare support for the external auditors regulators and internal stakeholders to support audit and review processes.
Treasury
- Develop and implement enhanced cash flow forecasting methodologies incorporating advanced analytics and scenario planning.
- Assess current treasury processes systems and controls to identify areas for improvement and increased effectiveness.
- Collaborate with finance operations and other stakeholders to integrate treasury insights into broader financial planning and decision-making.
- Monitor and optimize working capital including development and implementation of strategies.
- Oversee the day-to-day treasury function including monitoring cash positions managing bank accounts and ensuring accurate recording of transactions in compliance with internal controls and policies.
- Manage relationships with banking partners to optimize banking services fees and structures.
- Assess liquidity requirements and make recommendations on borrowing or repayments under the organizations line of credit to ensure optimal cash positioning and minimize interest costs.
Other
- Leveraging your continuous improvement mindset you will actively seek to continuously improve processes and reporting with an objective of ensuring optimal levels of controls availability of value-added information process efficiencies and strong financial performance.
- Cross-training and collaboration with other roles within Financial Reporting will be encouraged to build team resilience enhance flexibility and support continuous learning.
- Other responsibilities may be assigned as required to support departmental and organizational objectives.
Desired Education and Skills
- Completion of post-secondary education in a relevant discipline and an accounting designation (CPA) will be required.
- You will have 5 or more years of relevant experience.
- You will be required to have a broad knowledge of advanced accounting principles accounting systems analytical functions internal controls and financial reporting processes.
- You will be required to have a comprehensive understanding of financial accounting and reporting under GAAP (ASPE and IFRS).
- Strong written communication skills with the ability to produce clear concise briefing notes and actionable recommendations for senior management and the Board.
- Preferably you will have audit experience.
- Expertise in treasury functionssuch as cash management hedging and cash flow forecastingis highly desirable. Experience in captive insurance is also considered a valuable asset.
- You will possess an understanding ability and willingness to leverage technology to improve our processes.
An equivalent combination of education training and experience may be considered.
What we offer you
- 4 weeks vacation
- Annual performance award up to 8%
- Comprehensive group health dental and vision benefits for you and your family
- Defined benefit pension plan
- Employee discounts wellness program professional resource
What you can expect
- This role will work at Canadian Blood Services Head Office located at 1800 Alta Vista Dr Ottawa ON with requirements to be on-site 40% of the time/2 days of the week
Diversity and inclusion play a vital role in ensuring health equity for patients across Canada. We are committed to reflecting Canadas population in our organization and fostering an environment where all employees can be their authentic selves with equal opportunities to succeed and contribute.
If this role resonates with you we encourage you to apply by providing your up-to-date resume. This could be your first step towards a meaningful and inspiring career. Come to work each day knowing that you save lives.
We thank all applicants for their interest. However only those considered for an interview or those invited to participate in an assessment will be contacted. Emails are sent directly from our system to ensure you receive them please add and to your safe senders list.
Applicants who require accommodation should discuss their needs with us.
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Required Experience:
Senior IC
Employment Type
Full Time
