Financial Analyst

Position Summary:

Reporting to the Manager Finance and Reporting, this position is responsible for providing daily financial, payroll and administrative support services for all ongoing, short-term and one-time projects within the Finance Department. The incumbent will also be responsible for maintaining current and up-to-date financial documentation through an organized system of filing.

Responsibilities and Duties: (but not limited to)

• Assist in the preparation, coordination, consolidation, and analysis of Indus’ annual budget, forecasts, funding proposal budgets, monthly financial monitoring, and cash flow planning.
• Support the development of financial models, variance analysis, trend analysis, and identification of financial risks and opportunities to support organizational decision-making.
• Collaborate with program managers to analyze financial and statistical information, investigate variances against program targets and activities, and provide financial insights and recommendations.
• Prepare financial reports, statements, working papers, schedules, and supporting documentation for management, the Board of Directors, funders, auditors, and external stakeholders in accordance with GAAP and organizational requirements.
• Monitor funding agreements and ensure compliance with funder reporting requirements.
• Assist in the preparation and reconciliation of month-end and year-end financial processes, including journal entries, accruals, account reconciliations, claims reconciliations, General Ledger reconciliations, and account analysis.
• Facilitate month-end and year-end close processes and review journal entries prepared by assigned staff.
• Support annual external and statutory audits by preparing required documentation and liaising with auditors as required.
• Perform banking functions including bank reconciliations, credit card reconciliations, cash flow monitoring, and ensuring sufficient funds are available to support ongoing operations.
• Verify bi-weekly payroll, including timecard review, payroll reconciliation, post-payroll reporting, and reconciliation of statutory remittances including CPP, EI, income tax, EHT, and HST.
• Prepare and submit HST rebate claims and annual statutory returns including EHT and HST filings.
• Coordinate Bingo fundraising activities, including monthly reporting and annual license renewal requirements.
• Maintain accurate, up-to-date, and confidential financial and payroll filing systems and records.
• Support the ongoing improvement, testing, and implementation of finance and payroll systems, processes, and controls.
• Participate in financial standards development and forecasting activities.
• Participate in staff and team meetings, and professional development opportunities as required.
• Assist with special projects, organizational initiatives, and other duties as assigned.

Qualifications and Skills:

• Degree in Accounting, Payroll, or equivalent, with at least two years of accounting/payroll experience.
• Knowledge of GAAP and experience in accounting practices and procedures as it applies to a not-for-profit/charitable organization is an asset.
• Experience with Sage Intacct, Sage300 and ADP software a definite asset.
• Experience with record keeping processes for tracking revenue and expenditure is required.
• High computer proficiency in MS Office (Advance/ Moderate Excel & Word), accounting, spreadsheet and database software and reporting tools, email and internet.
• Team player, with the ability to communicate effectively with both financial and non-financial staff and stakeholders.
• Demonstrated flexibility and excellent coordination, analytical, problem solving and decision-making skills.
• Excellent organizational and time management skills; pays close attention to detail and timelines in a fast-paced, changing environment.
• Work style that thrives on initiative and collaborating in a team environment.
• Able to work independently when required, while maintaining confidentiality of information.
• Excellent English; oral and written communication skills.
• Ability to work flexible hours including evenings, weekends and to work from any one of Indus’s work-sites.
• Successful candidates must provide a satisfactory Criminal Background Check prior to commencing employment.