Finance Analyst – Research
City : Oakville
Category : Full time - Permanent
Industry : Education
Employer : Sheridan College
This is an exciting opportunity to join Sheridan’s Generator Support Office (formerly Sheridan Research Office). We are currently seeking a Finance Analyst who will support faculty and staff by leading the financial administration of a portfolio of federal and provincial grants and contracts that support research activities at Sheridan. The Finance Analyst works as part of the Generator Support Office team, liaising closely with the faculties, departments and Research and Incubation Centres to lead financial analysis, modelling and administration of research projects for their entire lifecycle from project start to completion, and audit. Responsibilities include managing expenses and budgets (including operating budgets for Research and Incubation Centres), conducting analyses, developing cost projections and supporting financial reporting to funders.
What You’ll Be Doing
- Liaising with project teams and Finance to set up new departments and project budgets;
- Performing day-to-day financial transactions for assigned projects and accounts using online systems;
- Purchasing goods and services through procurement credit card or Purchase Order, working with Sheridan Procurement as required and seeking required approvals for purchases;
- Assisting project teams with hiring plans, providing modelling and guidance on costing and liaising with the Research Finance Assistant, HR and Payroll to provide information on policies and procedures to Principal Investigators (PIs);
- Maintaining spreadsheets or other tools to record expenses and commitments and capture accurate budget position at all times;
- Communicating regularly with Principal Investigators (PIs) about account balances and the availability of funds;
- Developing projections and scenario modeling of project spending;
- Alerting project teams to anticipated issues, making recommendations to avoid projected over- or under-spending;
- Monitoring project end dates and reporting deadlines and notifying project teams of approaching deadlines;
- Preparing interim and final financial reports and claims as required for provincial/federal funding bodies;
- Supporting the development and implementation financial reporting processes for new funding types;
- Serving as a resource for Principal Investigators (PIs) to answer queries, provide financial administration information and clarification, advice and assistance, and resolve problems related to their project budgets;
- Supporting College and funder year-end reporting and other financial processes including audits;
- Providing budgetary support to the Generator Centre Directors for Centre operating budgets as required; conducting regular analyses of operating and project accounts to monitor and plan for the Centre’s overall budget position and cash flow;
- Developing updated budget forecasts and projections of revenue/expenses; identifying potential issues and making recommendations to the respective Centre Director to support the Centre’s financial sustainability;
- Performing other related duties as required.
About You
You have the skills and knowledge to work with an increasingly diverse student and staff population as well as a proven commitment to anti-oppression, equity, and inclusion.
You bring an appreciation for financial administration in an educational environment and involving provincial/federal grants and contracts for research, and an understanding of its complexities and challenges.
You have demonstrated client service skills and a customer service orientation, as well as the ability to develop positive working relationships with a variety of project stakeholders.
Your sound judgement, problem-solving skills and solid analytical/critical thinking skills gives you the ability to identify issues and seek creative solutions.
You bring exceptional oral and written communications skills with the ability to clearly explain complex policies and procedures, and to concisely convey information to clients and to senior management.
You have sound understanding of project management principles and tools and have the ability to multi-task, prioritize, balance and manage multiple complex and competing demands.
The successful candidate will also meet the following qualifications:
- 4-year degree in finance, business, research administration or related field of study;
- 3 years of demonstrated recent experience working in a related institutional environment (e.g., college, university, research hospital, funding agency); (Equivalency will be considered);
- Work experience or formal education including budget management and forecasting, and financial and administration processes relevant to provincial or federal grants and contracts, ideally related to research (e.g. project accounting, financial monitoring and analysis for grants or contracts);
- Working knowledge of the terms and conditions of grants and contracts to accurately apply guidelines and regulations;
- Strong ability to conduct scenario modeling and analysis, integrating multiple sources of data to develop recommendations;
- Excellent numeracy, sound knowledge of accounting principles, and the ability to read and interpret financial statements;
- Experience using databases or online records systems and strong computer proficiency with MS Excel, Word and SharePoint.
Who We Are
Every member of the Sheridan community is passionate about the transformational role we play in people’s lives. Our strategic plan, Sheridan 2027: Forging the Future (https://www.sheridancollege.ca/sheridan2027), charts a path towards a new ground-breaking model of higher education that reshapes post-secondary education and better prepares students for the future. We are committed to demonstrably advancing equity, diversity and inclusivity. Diversity is our strength and fuels our commitment to excellence. Across our campuses, we’re making meaningful strides towards developing an equitable and inclusive community.
- For more information, visit: Why Work at Sheridan
Other Details
Faculty/Department: Generator Support Office (formerly Research Office)
Primary Work/Campus Location: Trafalgar (may be assigned activities at any Sheridan campus)
Work Categorization: Hybrid Position | At least 3 days/week on site
Reference #: J0724-0235
Employee Group: Support Staff
Payband: H
Hourly Range: $36.29 - $42.13
Hours/Week: 37.5
Hours: 8:30 am – 5:00 pm
Application Deadline: October 13, 2024
Sheridan is deeply committed to implementing the Calls to Action framed by the Truth and Reconciliation Commission. We acknowledge that we live and work on the traditional territory of the Mississaugas of the Credit First Nations, Anishinaabe Nation, Huron-Wendat and the Haudenosaunee Confederacy. Sheridan is situated on these lands, and it is our collective responsibility to honour and respect those who have gone before us, those who are here, and those who have yet to come. We are grateful for the opportunity to be working on this land.
Sheridan values the diverse and intersectional identities of its students, faculty, and staff. Sheridan regards equity and diversity as an integral part of academic excellence and is committed to accessibility for all employees. Sheridan seeks applicants who embrace our values of equity, anti-racism, and inclusion. As such, we encourage applications from qualified candidates who have been historically disadvantaged and marginalized, including those who identify as First Nations, Métis and/or Inuit/Inuk, Black, members of racialized communities, persons with disabilities, women and/or 2SLGBTQ+.
Sheridan is committed to accessibility for persons with disabilities. If you have any application, interview, or workplace accommodation requests, please contact Human Resources.
You may be asked to provide copies of your educational credentials at the time of interview. Upon hire, we require official confirmation of educational credentials and Canadian equivalency assessments, if applicable.