FINANCIAL MONITORING OFFICER - Jobs in Ottawa, ON

Job Description

Created by the Government of Canada in 1997, the Canada Foundation for Innovation (CFI) strives to build our nation’scapacity to undertake world-class research and technology development to benefit Canadians. Thanks to CFI investment instate-of-the-art facilities and equipment, universities, colleges, research hospitals and non-profit research institutions areattracting and retaining the world’s top talent, training the next generation of researchers, supporting private-sectorinnovation and creating high-quality jobs that strengthen Canada’s position in today’s knowledge economyReporting to the Senior Financial Monitoring Officer, performs oversight activities relating to the use andaccountability of Canada Foundation for Innovation (CFI) funds by recipient institutions.Key ActivitiesThe incumbent may be asked to perform any or all of the activities described below. Activities may change fromyear to year depending on priorities.Oversight activities related to CFI-funded projects and awards

• Plans, coordinates and conducts monitoring visits at recipient institutions (to review key policies,

practices, processes and controls in place at institutions for the management of CFI awards). Thisincludes chairing meetings during the visits and presenting the findings.

• Plans, coordinates and conducts in-house contribution audits.
• Prepares files for contribution audits conducted by external auditors and assists in coordinating these

audits.

• Conducts timely follow-up activities on past monitoring visits and contribution audits performed by the

CFI or external auditors.

• Reviews fair market value assessments of CFI-funded items involving significant in-kind contributions

and assists in coordinating the appraisal of these items when required.

• Assists in the review of the cost allocation methodology for CFI-funded construction that is part of a

larger undertaking.

• Assists in the calculation, review and monitoring of annual payments made to the institutions from the

Infrastructure Operating Fund.

• Performs analyses to identify risk areas requiring additional oversight activities.
• Assists in the review of financial reports submitted by recipient institutions.

Other activities

• Updates forms and other information posted on the corporate website when required.
• Contributes to the CFI’s communication efforts by providing input and participating in information

sessions for institutions and other organizations.

• Assists in the preparation of documents for Board meetings.
• Performs special project assignments as required and assists with miscellaneous finance activities.
• Participates in internal working groups on various topics as required.

Skills and Knowledge

• University degree in commerce, accounting, finance or an equivalent combination of relevant education

and experience

• Excellent verbal and writing skills
• Excellent presentation skills
• Fluency in both official languages
• A good knowledge of auditing and accounting theories and principles as well as the principles of risk

management

• Strong skills in interpreting financial data and performing analyses
• Attention to detail and strong time management skills
• Ability to work well with a small, dynamic and highly motivated team
• Initiative and tact
• Knowledge of the CFI environment and experience in award administration would be an asset

RequirementsThis position requires travelling within Canada (usually a few times per year for two to three days at a time).SalarySalary will be commensurate with qualifications and experience.Please send your CV and a covering letter by end of day on August 15, 2022 to:Eric DesjardinsManager, Human ResourcesCanada Foundation for Innovation,55 Metcalfe Street, Suite 1100Ottawa ON K1P 5E4hr@innovation.caWe would like to thank all candidates who apply. Please note that only candidates selected for an interview will becontacted.The Canada Foundation for Innovation supports official languages principles, and respects Ontario’s Accessibility Standardfor Customer Service policy. We attempt to accommodate individual needs in keeping with the Ontario Human Rights Codeand the Accessibility for Ontarians with Disabilities Act. If you require an accommodation in order to participate in the hiringprocess, please contact us to make your needs known in advance.The CFI is committed to the principles of equity, diversity and inclusion. In all our activities, we recognize that a breadth ofperspectives, skills and experiences contributes to excellence in research.Quick Apply

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