Senior Financial Planning Analyst

Website Loyalist College

Job Description:

Under the direction of the Manager of Budgets and Financial Analysis, the Senior Financial Planning Analyst is responsible for providing front line and in-depth financial analysis and budget & Midyear Projection support to all budget holders across the College. The latter includes all facets of the budget and midyear projection lifecycle (from annual salary calculations all the way through the final allocation of approved strategic initiatives). The former primarily focuses on providing budget holders with the information, tools, and direction to make well-informed and effective financial decisions.

Job Responsibilities:

  • Advises budget holders regarding their line-item and cost centre budget submissions through analysis and interpretation of historical results
  • Tracks, monitors, and reports on in-year actual results for a wide array of departments against their respective year to date budget and/or midyear projection, tailoring the analysis to the respective department and budget holder’s needs
  • Provides monthly reports to the Manager of Budgets and Financial Analysis regarding significant variances against the department level year to date budget and/or year to date projection
  • Advises and informs budget holders on various components of their annual budget and midyear projection submissions
  • Assists in the preparation of annual budget and midyear projections files for the Manager of Budgets and Financial Analysis
  • Identifies and corrects any miscoded revenue streams or expenses to ensure consistent and uniform coding of line items
  • Proactively diagnoses any potential significant positive/negative variances
  • Analyzes budget holder’s anticipated other-than-full-time (OTFT) expenses and projections for reasonability and accuracy
  • Conducts ad hoc financial analysis and reporting as required
  • Assists the Manager of Budgets and Financial Analysis with the College’s annual program health exercise to evaluate financial health of academic programming
  • Advises budget holders regarding their financial organizational chart, recommending adjustments to best suit the needs of each department
  • Provides functional oversight to the team
  • Creates and shares standard (and sometimes customized) financial reports for use by each budget holder
  • Inputs data into the College’s budgeting information system
  • Calculates and prepares full-time staffing complement cost projections

Job Requirements:

  • Experience organizing, prioritizing, and scheduling a high volume of tasks and information, typically under strict time constraints
  • A minimum of three (3) years’ experience working in the Financial or Accounting field employing best practices to develop, implement and monitor financial planning systems, controls, and policies. Experience working in a Financial department (including Accounts Receivable or
  • Accounts Payable) in post-secondary or Public sector considered an asset
  • Experience and proficiency with a variety of variance analysis
  • Excellent organizational and time management skills
  • Knowledge of Colleges Financial Information Systems (CFIS) requirements considered an asset
  • Knowledge of financial (GAAP) and audit requirements. Knowledge of Ministry reporting considered an asset
  • Ability to analyze, interpret, and present complex financial and/or statistical data in a clear and understandable manner
  • Experience working in a self-directed and collaborative environment
  • Excellent communication skills to interact professionally and constructively with internal and occasional external clients
  • Experience managing projects of different scope, magnitude and significance
  • Completion of a three (3) year diploma or degree in Accounting or Business Administration

Job Details:

Company: Loyalist College

Vacancy Type: Full Time

Job Location: Burlington, Ontario, CA

Application Deadline: N/A

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