Director, Financial Services

Date: Jun 3, 2021

Location: Waterloo, CA

Company: Wilfrid Laurier University

Date: June 3, 2021

 

Department: Finance 

Job Type: Limited Term

Full-time/Part-time: Full Time (>=1249 hrs/year) 

Campus: Waterloo 

Reports to: AVP, Financial Resources

Employee Group: Management 

Application Deadline: June 23, 2021

Requisition ID: 1394 

 

Wilfrid Laurier University is a leading multi-campus university that excels at educating with purpose. Through its exceptional employees, students, researchers, leaders, and educators, Laurier has built a reputation as a world-class institution known for its rich student experience, academic excellence, and global impact.  With a commitment to Indigenization and commitment to equity, diversity, inclusion, Laurier’s thriving community has a place for everyone.

 

Laurier has more than 19,000 students and 2,100 faculty and staff across campuses in Waterloo and Brantford, as well as locations in Kitchener. The university is committed to providing an inclusive workplace and employing a workforce that is reflective of local and national demographics. Our locations are situated on the traditional territories of the Neutral, Anishnawbe, and Haudenosaunee peoples. We recognize the unique heritages of Indigenous peoples and support their intentions to preserve and express their distinctive Indigenous cultures, histories, and knowledge through academic programming and co-curricular activities. Laurier’s Centre for Indigegogy is one example of how Laurier honours Indigenous knowledge.

 

Position Summary:

 

Reporting to the Assistant Vice President, Financial Resources, the Director, Financial Services supports the overall financial sustainability of the organization through the provision of timely and effective financial information, the oversight of effective financial systems and accounts payable functions, and the establishment of a solid financial controls environment through appropriate policies and procedures.

 

The Director oversees all aspects of general accounting including general ledger, year-end audit, and report writing, and is responsible for coordinating finance, finance systems, accounts payable and capital projects financial reporting to most efficiently meet customer needs.

 

The Director is accountable for the production of several internal and external university financial reports and/or financial analysis to best meet the needs of the Board of Governors and Senior Administration.

 

The role will interact with numerous departments and stakeholders across the university to support a coordinated and integrated approach in meeting departmental mandates, will participate on multi-campus, university-wide initiatives, and is responsible for alignment of strategic direction and policy. Interpersonal interactions are required on an ongoing basis with departments at the Waterloo Campus, the Brantford Campus and external partners.  The incumbent will provide subject matter expertise to key university initiatives in a multi-campus environment.  This position has a university-wide mandate and is based at the Waterloo Campus.

 

 

Accountabilities:

The following highlights the key accountabilities:

 

  • Accountable for the internal financial reporting systems of the University
  • Accountable for internal and external university financial reports including but not limited to quarterly financial reports for senior leadership and governors, year-end financial statements, financial reporting to Ministry of Colleges and Universities, financial reports and data to the Council of Ontario Universities, and other stakeholders as required
  • Oversees processes and procedures pertaining to capital project financial reporting
  • Leads the year-end audit. This includes planning, preparation and review of audit, lead sheets, financial statements, etc.
  • Leads the department in pursuing continuous improvement initiatives in the area of internal controls and risk mitigation; develops project plans to address gaps in internal controls and financial control improvement projects in a deliberate and effective manner
  • Responsible for the development and maintenance of financial policies and procedures for the University
  • Oversees the development and roll-out of finance education and training
  • Provides leadership, and guidance in the management of the business objectives for the department
  • Responsible for establishing an environment of robust internal controls and risk mitigation strategies – ensuring that appropriate practices are implemented and maintained to mitigate risks to financial sustainability, including the risk of fraud
  • Plans and delegates work assignments and special projects of managers/staff
  • Develops yearly departmental objectives and plans
  • Creates long-term and short-term plans and goals for management staff in the department
  • Analyzes workload issues and adjusts departmental objectives and project timing as required in alignment with organizational priorities and needs
  • Special project analysis & reporting as required

 

 

Qualifications:

 

  • University degree in Finance/Accounting/Business Administration in addition to a CPA accounting designation
  • Minimum 7 years of experience in finance and/or accounting, preferable in a Public sector environment with knowledge of Public Sector Accounting Guidelines and GAAP
  • Management experience in building and directing a professional and cohesive team in a unionized environment
  • Advanced knowledge of MS office products (Word, PowerPoint) and Excel (i.e. pivot tables, v-lookups, etc.)
  • Accounting experience to include all aspects of year-end including preparation of financial statements, preparation of various reports / analysis, etc
  • Knowledge of Banner, Millennium are an asset
  • Knowledge of LEAN continuous improvement methodology is an asset
  • Self-motivated, detail and goal-orientated individual who is capable of working in a dynamic and challenging work environment
  • Excellent communication, problem solving, time management, and interpersonal skills with a focus on providing exceptional customer service in a team environment

 

Mental Pressures:

 

  • Schedules and Deadlines: Monthly, quarterly and yearly reporting and updates
  • Regular demands responding to queries and information requests required by staff, supervisor, colleagues and senior management
  • Preparing sophisticated financial reports for internal (board of governors) and external stakeholders (credit rating, banks, granting agencies)

 

Compensation:

Position Grade: MG-3A

Rate of Pay:  $95,711 $ - $119,638

 

Hours of Work:

This is a full-time, limited-term position with an anticipated end date of September 30, 2022. The normal hours of work are 8:30 AM - 4:30 PM, Monday to Friday. 

 

Wilfrid Laurier University endeavors to fill positions with qualified candidates who have a combination of education, experience, skills and abilities to successfully perform the duties of the position while demonstrating Laurier's Employee Success Factors.

 

Equity, diversity and creating a culture of inclusion are part of Laurier’s core values and central to the Laurier Strategy. Laurier is committed to increasing the diversity of faculty and staff and welcomes applications from candidates who identify as Indigenous, racialized, having disabilities, and from persons of any minority sexual and gender identities. Indigenous candidates who would like to learn more about equity and inclusive programing at Laurier are welcomed to contact the Office of Indigenous Initiatives. Candidates from other equity deserving groups who would like to learn more about equity and inclusive programing at Laurier are welcomed to contact Equity & Accessibility. We have strived to make our application process accessible, however if you require any assistance applying for a position or would like this job posting in an alternative format, please contact Human Resources. Contact information can be found at careers.wlu.ca/content/How-to-Apply-/

Should you be interested in learning more about this opportunity, please visit www.wlu.ca/careers for additional information and the online application system. All applications must be submitted online. Please note, a CV and letter of introduction will be required in electronic form.


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