University of Waterloo

  • Financial Analyst

    Requisition ID
    Job Category
    5290 - Finance
    Job Status
    Temporary Appointment (Contract)
    Hiring Range
    $54,589 - $68,236
  • Overview

    Term: 18 months


    The Financial Analyst is accountable to the Manager, Corporate Accounting and Financial Reporting for accurate and timely processing and review of University financial data. This position also assists in the
    preparation of University financial reporting and financial statements.  


    Responsible for accurate and timely processing and review of University financial information

    • Prepare month end journal entries related to various bank transactions
    • Process and assist with review of journal entries prepared by departments related to foreign bank accounts to ensure accuracy and proper accounting policies and procedures are being followed
    • Perform various balance sheet account reconciliations to identify and resolve discrepancies
    • Responds to questions and inquiries from campus departments regarding financial policy and procedural issues
    • Recommend improvements and best practices to maintain a strong internal control framework and ensure the accurate reporting of financial transactions

    Assist in preparation of University financial reporting

    • Perform the bank reconciliation process
    • Participate in the year-end financial statement reporting and audit process to deliver working papers and supporting documentation to the external auditors
    • Assist with external audits required by departments outside Finance
    • Assist with special audits as required by external parties for research projects, enrolment etc.
    • Assist with preparation of external reports accurately and within specified deadlines, including COFO reporting

    Prepare financial statements and reporting for other legal entities including the University of Waterloo (Hong Kong) Foundation Limited and Waterloo Jishu Limited

    • Perform transaction recording for external entities under university control
    • Assist with preparation of required internal and external reporting


    • Participate in department projects as required
    • Provide backup to other Finance functions as required
    • Participate as a functional expert representative in system upgrade and testing project teams
    • Keep current in advances in the industry and investigate technological solutions to recommend and implement process improvements


    • Undergraduate Degree in Accounting or Business or focus on accounting and business courses or equivalent education and experience
    • Equivalent combination of education and experience will be considered
    • Registered and working towards the Chartered Professional Accountant (CPA) designation from CPA Canada preferred
    • 1 to 3 years of experience in an accounting/finance-related environment preparing bank reconciliations and journal entries
    • Experience with in an enterprise wide accounting system
    • Experience in a not-for-profit environment preferred
    • Advanced interpersonal, communication and listening skills
    • Strong analytical, technical and problem solving skills
    • Strong attention to detail
    • Understanding of generally accepted accounting principles and their application to not-for profit organizations
    • Works independently with a strong work ethic
    • Advanced Excel


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