Financial Specialist - Support Services

The First Nations Financial Management Board (FMB)
West Vancouver, BC
$85.5K-$92.4K a year (estimated)
Full-time

Position Overview

Reporting to the Senior Financial Officer, the Financial Specialist,Support Services is responsible for supporting selected First Nation clients across Canada through remote accounting and on-going training.

Accountabilities

  • Develop relationships with assigned clients that have an approved Financial Administration Law (FAL) to promote, build trust and secure buy-in to implement their FAL and ultimately prepare for FMS certification;
  • In collaboration with the First Nation client conduct the FMS Support Services needs assessment and identify opportunities for remote accounting and training opportunities;
  • To complete any other tasks as requested by FMS Support Services management team;
  • Support First Nation FAL clients to achieve FMS certification. "Support" in this context means facilitating, empowering, motivating, educating, and may take the form of :

Remote Accounting Services

  • In collaboration with the First Nation client and the FMS Support Services Senior Financial Officer, develop a remote accounting service schedule based on the priorities identified in the FMS Support Services readiness assessment
  • Assist First Nation clients with remote accounting support (or in person) as identified in the FMS Support Services readiness assessment.
  • This may take the form of : Processes claims and vouchers for payment, enters invoices, matches invoices with purchase orders, and checks all claims for accuracy;
  • Verifies account codes and signatures for proper assignment of budgetary expenditures; Acts as first line contact with vendors regarding billing problems;
  • Administers & maintains the contingency account / cash advance system including control & reconciliation of the contingency by distributing and receiving money;
  • Liaises with managers / employees on expenditures by ensuring that they comply with policies and regulations and ensuring that funds are available;
  • Processes payment of invoices within specified time frames; Processes payment of accounts by verifying that all contract terms and conditions have been met and determining the right financial coding to avoid financial loss and payment duplication;
  • Liaises with suppliers to give and obtain information necessary to ensure the accuracy of accounts / financial transactions and to rectify any irregularities;
  • Organizes filing of all appropriate documents; stores, updates and retrieves financial data; Prepares monthly submissions for accounting and monthly remittances;
  • Prepares general ledger and journal entries and trial balance; Manages accounts receivable and payable; Opens and closes books for auditors;
  • Prepares financial statements and bank reconciliations; Invoice's clients and answers inquiries; Assesses fixed assets and depreciation;

Prepares costing and budgeting as requested. Assisting with any other financial management initiatives as identified by the FMS Support Services Senior Financial Officer.

Training and Capacity Development

  • In collaboration with the FMS Support Services Senior Financial Officer develop a training plan based on the information provided in the initial needs assessment;
  • Deliver training and capacity development that may take the form of : Journal Entries; Budgeting; Bank Reconciliations;

Processing Accounts Payable & Accounts Receivable; Monthly & Quarterly Reporting pursuant to GAAP and PSAB; Any other training as identified by the FMS Support Services management team.

Qualifications

  • A Degree in Finance, Accounting, Economics, or another business-related field;
  • A CPA designation or progress towards a CPA designation considered an asset;
  • Must have a minimum of 5 years' experience in : Providing financial services, preferably within an Indigenous, government, or not for profit environment;
  • Planning, monitoring, and reporting activities (eg. Budgeting, variance reporting, financial statement preparation, etc);
  • Managing aspects of funding agreements (grant / proposal writing; policy writing; facilitation of deliverables; monitoring / reporting);
  • Managing and operating within internal controls relevant to all aspects of a financial management system;
  • Demonstrated experience working with information and data management systems;
  • Experience with Sage 300 an asset;
  • Experience with budget, accounting, and reporting systems;
  • Must have experience working with Microsoft Office Suite;
  • Strong working knowledge of Generally Accepted Accounting Principles;
  • Experience working with Federal Government organizations and representatives an asset;
  • Must have an understanding, awareness and appreciation of indigenous culture and history;
  • Willing to participate in ongoing education and training for the role including indigenous studies;
  • Must be fluent in English (spoken and written). Fluency in French or an Indigenous language is considered an asset;

Equivalent or relevant education and / or experience may be considered.

Working Conditions

  • This position ca be based in British Columbia.
  • Remote or hybrid work arrangements may be considered;
  • Requires regional and national travel.

What We Offer

  • Salary and annual bonus eligibility;
  • Flexible 37.5-hour work week
  • Employer paid extended benefits;
  • Matching group RPP contributions;
  • Annual vacation allowance and generous paid stat & non-stat days;
  • Work-life balance;
  • Professional development & career growth opportunities.
  • 30+ days ago
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