Senior Financial Analyst

British Columbia Institute of Technology

$81K — $111K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Completion of the Chartered Professional Accounting (CPA) program.
  • 3-5 years experience in financial analysis, reporting, and budgeting.
  • Experience with ERP systems like Banner and Business Intelligence tools.
  • Adherence to GAAP and ability to make informed recommendations.
  • Excellent communication skills and ability to engage with various personnel.
  • Detail-oriented with critical thinking and problem-solving skills.
  • Intermediate Microsoft Office proficiency, advanced Excel skills.

Responsibilities

  • Liaise with managers on budget and cost issues; respond to inquiries and prepare financial reports.
  • Perform ongoing analysis of salary accounts and operating budgets; execute budget transfers as needed.
  • Maintain position control number (PCN) system; review and approve PCN requests for correct coding and allocation.
  • Assist in testing financial database changes, ensuring data integrity.
  • Support the budget process by assisting managers with preparation, analyzing submissions, and ensuring reasonableness.
  • Compile monthly consolidated forecast data, summarizing variances for stakeholders.
  • Train managers on budgeting and forecasting processes and systems.

Benefits

  • Competitive pay
  • Minimum of 25 days vacation
  • Employer-paid extended health and dental plan including a $500 Health Care Spending Account
  • Defined benefit pension plan with employer contributions
  • Flexible hybrid work arrangements
  • Professional Development funds and resources
  • Free access to BCIT Flexible Learning courses
  • Wellness and Employee Assistance programs
  • Complimentary access to Fitness Centre and Gymnasium
Full Job Description
Position Details

Position Information

Position Title
Senior Financial Analyst

Position Summary

BCIT's Financial Services department is seeking a regular, full-time (1.0 FTE) Senior Financial Analyst. This position works with and provides financial support to BCIT managers and the Associate Director, Finance, reporting to the Manager, Budgets, Analysis & Business Intelligence and Analysis. The role works on and supports the development and review of consolidated budgets, forecasts, analysis and reports. The position prepares and analyzes complex budgetary data, promotes new efficiencies and innovation within budgetary and forecasting process, and assists in the coordination of the Institute's budget process.

Duties & Responsibilities

KEY ACCOUNTABILITIES:

  • Liaises with Operating Unit Managers (OUMs) and other internal stakeholders on budget, cost issues, and Institute budgetary policies and procedures; responds to requests, problem-solves, and prepares a variety of financial reports.
  • Performs ongoing analysis of salary accounts and operating budgets and performs budget transfers as needed.
  • Maintains position control number (PCN) system; reviews and approves requests for PCNs and ensures correct coding, approval and budget allocation.
  • Assists in testing changes to the financial database, including analysis of data integrity.
  • Supports the budget process: Assists OUMs with budget preparation and analysis, evaluates OUM submissions, reviews revenue, salary, and non-salary change requests to ensure reasonableness.
  • Compiles monthly consolidated forecast data for the operating and restricted funds, analyzes, summarizes and reports significant variances to appropriate stakeholders.
  • Assists in the coordination and preparation of the forecasting process by communicating timelines, requirements and technical updates.
  • Liaises with Information Technology Services (ITS) and the TM1 project team to ensure on-line systems and reports meet the needs of the internal stakeholders as needed.
  • Develops and delivers training for managers and groups on campus to promote understanding of the budgeting and forecasting process.
  • Processes budget and forecast reviews by preparing analysis for review based on actuals, budgets and projections prepared by the OUMs.
  • Reviews budget-related and position control functions and recommends procedural and policy changes as deemed necessary.
  • Reviews, with the OUMs, anomalies in monthly revenues and expenditures (for all funds) and obtains explanations, and discusses possible solutions and preventative measures
  • Verifies availability of funds, compliance with spending guidelines, and appropriate signatory for financial transactions.
  • Trains new systems users and provides ongoing technical support to internal clients on the reporting systems.
  • Reviews, processes, and maintains month-end transactions and discusses possible resolutions and preventative measures.
  • Reconciles operating budget and prepares budget upload financial information.
  • Assists OUMs with annual budget development by providing guidance on completing the variance analysis and updating TM1 with corresponding budget adjustments/allocations.
  • Participates on internal and working committees related to budget and records and compiles budget information as required.
  • Assists in preparing the consolidated annual budget and quarterly forecast via reconciliation of budget and forecast submissions received from the OUMs.
  • Assists in preparing and creating payroll reports to aid management and provides ad-hoc reporting as required.
  • Assists with maintaining and reconciling payroll data elements to the budget to ensure consistency of application and calculation.
  • Reviews requests for salary budget transfers and creation of new PCNs; ensures adequate payroll documentation is established.
  • Ensures approved initiatives and annual budget are properly recorded and reconciled in TM1 and Banner.
  • Assists in ad hoc analysis and financial modeling as needed.
  • Initiates discussions on budget, forecast, position control or restricted fund problems/concerns with the Associate Director, Finance and Manager, Payroll, Budgets and Analysis.
  • Acts on behalf of the Manager, Budget, Analysis & Business Intelligence or Associate Director Finance during absences as appropriate.


Qualifications

QUALIFICATIONS & REQUIREMENTS:

  • Completion of the Chartered Professional Accounting (CPA) program.
  • Three to five years' experience in a similar position that includes analytical analysis, financial statement reporting, budget development, forecasting, and capital fund accounting.
  • A combination of education and experience may be considered.
  • Familiarity with Enterprise Resources Planning (ERP) systems such as Banner.
  • Familiarity with Business Intelligence tools
  • Proven ability to adhere to Generally Accepted Accounting Principles (GAAP) and standards and to make objective, informed recommendations.
  • Excellent communication skills and demonstrated ability to work with personnel at all levels within a complex organization.
  • Must be detail-oriented with demonstrated critical thinking and creative problem solving skills, initiative and professional judgment.
  • Must be a self-motivated team player with demonstrated ability to work to tight deadlines, and handle multiple and changing priorities.
  • Intermediate level of Microsoft Office applications and advance proficiency with Excel


Additional Information

Benefits - Why you'd love working with us

  • Competitive pay
  • Minimum of twenty-five days of vacation
  • Competitive employer-paid extended health and dental plan including access to a Health Care Spending Account of up to $500 if eligible!
  • Defined benefit pension plan with employer contributions
  • Flexible hybrid work arrangements available
  • Professional Development funds and resources
  • Access to most BCIT Flexible Learning courses free of charge
  • Wellness and Employee Assistance programs
  • Complimentary membership with free access to the Fitness Centre, Gymnasium, and more
  • Eligibility requirements apply, benefits may vary depending on the employee group the position belongs to and whether the position offered is temporary or part-time. For more information on our generous benefits, click here!


Position Details

Posting Category
Management

Salary Range
Salary Range: $81,091-$111,500, with a control point of $101,363 per annum

Additional Salary Information

The Compensation Range is the span between the minimum and the maximum base salary for a position. The control point of the range represents an employee that possesses full job knowledge, qualifications, and experience for the position. In the normal course, employees will be hired, transferred, or promoted between the minimum and the control point of the salary range for a job, taking internal equity into account. Salaries above the control point may be considered for extenuating circumstances and must be approved by an external governing body.

Department 2
Finance Department

Campus Location
Burnaby campus

Bargaining Unit
Management

Job Status
Regular

Full-Time/Part-Time
Full-Time

Number of Vacancies
1

Anticipated Start Date
10/05/2026

Anticipated End Date

Competition Information

Competition Number
26M027

Competition Open Date
09/16/2026

Competition Close Date

Open Until Filled?
Yes

Quicklink for Posting
https://careers.bcit.ca/postings/10683

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