Manager,Accounting Services Job Burnaby area,BC Canada,Finance & Banking

Position Summary

BCIT’s Financial Services department is currently seeking a temporary, full-time (1.0 FTE) Manager, Accounting Services. This role manages and maintains efficient operation of Accounting Services. Develops and establishes accuracy and timeliness of accounts payable disbursements, oversees related policies and procedures adherence, financial reporting and monitors systems data integrity, including revenue accounting, financial reporting and accounts payable.

Duties & Responsibilities
DUTIES & RESPONSIBILITIES:

Contributes as a member of the financial services management team in the development of the strategic financial planning specific to accounting services (revenue and financial accounting, and accounts payable) for the Institute that is consistent with the Institute’s mandate, mission, and objectives. Oversees banking services and monitors Institute’s bank account balances, ensuring timely transfer of funds to avoid overdrafts and maximize opportunities to invest excess funds.

Manages accounting services requirements for the Institute including business processes for accounts payable, revenue accounting, and financial reporting, both internal and statutory. Ensures related Institute policies and procedures are followed by the accounting team. Makes recommendations for changes and updates to policies and procedures when necessary.

Oversees the accuracy of the Institute’s general ledger by reviewing all banking, receivable and payable reconciliations, running analysis reports, and ensuring any necessary adjustments are processed in accordance with Institute processes and Generally Accepted Accounting Principles (GAAP).

Supports the Associate Director, Accounting and Reporting in managing the financial reporting practices for BCIT. Oversees and directs the preparation of internal and external financial reports and information including consolidated financial statements (monthly, quarterly and annual) utilized by all levels of the Institute, the Ministry, BCIT Board of Governors, the BCIT Auditors.

Manages revenue accounting and financial reporting and ensures the Institute’s revenue collection (i.e. student fees, grants, contracts and other revenue) and reporting function meet statutory requirements and established Institute guidelines. Provides direction by assessing business processes and collaboratively implementing improvements to existing processes and policies, and by creating and implementing new processes and policies.

Oversees and managers the Institute’s cash handling procedures and internal controls, ensuring proper training for staff who receive payments within the department and the Institute. Ensures Institute funds are properly safeguarded, are deposited in a timely manner, and are accounted for according to Generally Accepted Accounting Principles (GAAP).

Manages Accounts Payable ensuring strong internal controls are in place to support the disbursement function of the Institute. Ensures that all statutory tax regulations (i.e. PST and GST) are followed and the related procedures are established and maintained. Ensures the timely completion and filing of all statutory tax remittances and reports. Assesses processes and collaboratively implements improvements to existing and new processes and policies.

Manages and/or leads the development of the Institute’s payment and travel policies and ensures that staff are trained when changes are made and implemented. Supports the supervisor in dealing with complex travel and professional development expense claims submitted by BCIT staff.

Ensures staff testing of financial system changes and upgrades related to the business unit’s area of responsibility (i.e. accounts payable, general ledger, accounts receivable) to ensure the system functionality and enhancements are functioning as intended and meet all accounting requirements.

Manages day to day activities of the accounting services team by selecting, developing, leading and coaching department staff to achieve optimum performance that supports the Institute’s and Finance department’s strategic objectives. Oversees the performance and development of staff. Provides…