Financial Planning Analyst

Job Description:

Duties & Responsibilities:

1. Provides guidance and advice and explains complex financial data to a portfolio of service departments and academic areas for their budget. This includes assisting them with the development and validation of financial and position budgets, investigating variances and updating budgets and forecasts. Trains Cost Centre Managers in the use of financial templates and other planning tools.

2. Reviews budget documents, forecast worksheets and variance analyses received from Cost Centre Managers checking for completeness and accuracy. Investigates discrepancies and follows up with Cost Centre Managers upon own initiative. Consolidates Cost Centre Manager financial templates into the College’s consolidated budget, variance analysis and forecast models.

3. Establishes and maintains effective working relationships with Cost Centre Managers, other employees and external agencies in order to develop budgets, forecasts and costing models and communicate College Financial Policy.

4. Works jointly with Human Resources and Cost Centre Managers to update employee position related information and budgets.

5. Maintains financial models (e.g. budget and forecasting models) and templates as required. Calculates and recommends key inputs to the planning process such as forecasted USD exchange rates, forecasted fringe benefit rates, planned faculty workload, standard workload unit costs, and estimated general wage increase costs.

6. Conducts analysis of historical and current financial data to identify variances and recommend proposed budget changes. Calculates the impact of proposed budget changes. Reports on trends and financial impact to the College.

7. Analyzes and monitors the College’s position salary plan versus projected costs and identifies potential surpluses and deficits. Investigates variances and recommends adjustments to the College’s forecast to the Manager, Financial Planning and Analysis.

8. Prepares and distributes regular and ad hoc financial reports and other information to Cost Centre Managers and the Executive Leadership Team to guide decision making.

9. Ensures all requests to create new positions or transfer budget are authorized appropriately and are sufficiently documented to comply with College policy.

10. Under the guidance of the Manager, Financial Planning and Analysis, completes Government Reporting Entity (GRE) report templates on behalf of the College.

11. Assists Manager, Financial Planning and Analysis with estimating the cost of College strategic initiatives and incorporating them into the College’s financial plan.

12. Assists with system and data integrity testing after upgrades to the enterprise resource planning system and other software.

13. Assists with creating new reports, scorecards and key performance indicators as required.

14. Researches and analyses external datasets for use with internal reporting.

15. Performs additional duties and participates in projects as required.

Qualifications Required:

Education & Experience

• Completion of a two (2) year diploma in accounting or relevant discipline.

• Enrolment in the CPA PEP program and actively working towards completion.

• Minimum Two (2) years of progressive audit, tax, advisory, budget and/or financial analysis experience, with preference for prior experience as an analyst in public practice, large corporate or public sector environment.

• An equivalent combination of education and experience may be considered.

• Experience using enterprise resource planning software and other systems, such as Banner, Oracle, Workday, and Adaptive Planning.

• Advanced knowledge and experience with MS Office.

Skills & Abilities

• Strong written and oral communication skills. Ability to explain clearly and concisely complex financial concepts.

• Strong customer service skills.

• Strong understanding of financial information and accounting concepts.

• Ability to create, develop and maintain complex spreadsheets and prepare related analyses.

• Strong research, analytical and problem solving skills.

• Strong math and database skills.

• Ability to work effectively with the rest of the Financial Planning and Analysis team.

• Ability to work independently on assigned projects with minimal guidance.

• Ability to prepare accurate financial plans and reports within mandated deadlines.

• Ability to work effectively with Cost Centre Managers and various other groups within the College.

Additional Info:

Hours & Days of Work: Monday through Friday, 8:30am-4:30pm.

Why Join Langara?

At Langara College, we support the College’s vision of promoting wellness and fostering personal and professional growth for our employees. We are dedicated to embracing, honouring, and advancing diversity, equity, and inclusion, while offering a competitive and inclusive benefits package that reflects our commitment to overall health, financial security, and work-life balance.

** Eligibility and entitlements may vary based on the employment group, and if the position is temporary, part-time, or casual **

We offer the following benefits:

• Extensive medical, dental, and vision coverage

• Hybrid-work program for eligible positions

• Generous vacation package plus paid time off during college winter closure (1 week in December)

• Employer paid defined benefit pension plan

• Potential eligibility for educational, training, and developmental programs

• Access to on-site daycare subject to availability

• Tuition waivers for courses at Langara College, subject to space availability

• Course/program tuition reimbursements

• Wellness classes and campus engagement events

Salary Range:

$33.91 - $38.52 per hour

Pay Grade:

CUPE Paygrade 24

Scheduled Weekly Hours:

35

Hours may vary according to the needs of the department.

Compressed Workweek (Fortnight):

Yes

Closing Date:

People and Culture is committed to embracing, honoring, and promoting diversity, equity, and inclusion in our workplace. We remain dedicated to focusing our efforts on creating an inclusive employee community that fosters a sense of safety and belonging for everyone. We humbly acknowledge that we are just beginning our journey, which includes engaging in our own internal learning and creating a data-driven action plan that supports the integration of EDI practice into the work of People and Culture and the work we do with employees and leaders. Langara College welcomes applications from everyone including people from groups that are experiencing inequity including, but not limited to, Indigenous people, racialized people, people with disabilities, and members of the 2SLGBTQIA+ community. If there are any barriers that you are experiencing or an accommodation that we can provide to support you through the application process, please us.

If you were a temporary employee with CUPE Local 15 at Langara College who has worked within the last five (5) months of the closing date on this posting, please our recruitment team if you meet the criteria for internal status (850 hours worked) as per Article III.7.g in the . Please quote the job requisition title and number with your previous employee ID and last day worked at the College. Please do not email if you worked at the College more than 5 months ago or if you worked in a different union.

Shortlisted candidates will be required to provide proof of educational and professional credentials noted on their resume. In addition, those shortlisted with international credentials must have their education credentials evaluated through WES (World Education Services) and provide Langara College, People & Culture document evaluation access for employment purposes.

We thank you for your interest in Langara College and for taking the time to complete an application. Only complete applications will be reviewed. Please be advised that only shortlisted candidates will be contacted due to the number of applications received.

Langara is committed to enhancing our diverse workforce.