Financial Management System Administrator

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Requisition #:  J0412-0564

Position Title:  Financial Management System Administrator

Employment Type:  Full-time

Position Type:  Term with possibility of extension or becoming regular

City, Province, Country:  Ottawa, Ontario, Canada

Job Category:  Finance

Number of Positions:  1

Date Posted:  June 18, 2012

Closing Date:  July 1, 2012

Salary Range

Term, 18 months, with the possibility of extension or of becoming regular

(annual salary): The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between $60,678 and $78,840* (job grade 15 or 16).
*Where the Bank has needs for specialized skills, it may offer higher starting salaries to exceptional candidates.

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Canada's central bank is the nation's pre-eminent macroeconomic policy institution. No other employer in the country offers you the unique opportunity to work at the very centre of Canada's economy, in an organization with significant impact on the economic and financial well-being of all Canadians. No matter what your area of expertise, you'll enjoy an open culture and a superior work environment that will challenge, energize, and motivate you to excel. (More info)

Job Summary

The Financial Management System Administrator is a position within the Financial Management Reporting Team (FMRT) of the Bank’s Financial Services Department. The FMRT is responsible for leading the annual budgeting process, coordinating financial management reporting, assisting in the development of business cases, providing financial expertise and advice, and representing the department in ad hoc cost studies.

Under the general direction of the Assistant Director of FMRT, you are responsible for the maintenance and continuous improvement of the planning and budgeting module of the Bank’s ERP (SAP CO and PCP) to ensure accurate, complete and timely reporting of Bank expenses to both internal and external audiences. You are accountable for the management of SAP CO data integrity in a highly integrated cross-functional environment, as well as for the creation of effective reports designed to facilitate the management of expenses within the Bank.

You lead the financial management month-end and year-end closing processes, as well as the annual budget process to ensure accuracy and completeness. You also lead the annual cost-allocation process used to derive the expense figures reported and discussed in the Bank’s Annual Report.

Central Responsibilities

• develop and maintain an in-depth understanding of the Bank’s SAP CO module
• develop and maintain SAP CO structures that enable the reporting of both current and historical expenses in accordance with best practice and based on up-to-date knowledge of the Bank’s financial management and reporting requirements
• ensure the integrity of the data transferred to SAP CO based on a sound understanding of the integration of other SAP modules (including all related processes and functionality)
• lead the month-end and year-end closing processes for SAP CO
• lead the preparation of SAP CO and PCP for the annual budget process
• lead SAP CO and PCP system maintenance and changes (including annual upgrades and testing)
• proactively raise system issues, propose and implement solutions, and provide training where necessary
• lead the annual cost-allocation process and maintain the model within SAP CO in order to generate expense reports by function for purposes of the Bank’s financial statements
• prepare the financial summary portion of the Bank’s Annual Report
• keep current on SAP CO functionality, SAP reporting and other Bank standard reporting tools through continuous learning and networking
• develop and maintain key relationships with ERP super users of other departments to gain an in-depth understanding of other SAP modules such as SAP HR and SAP Material Management (MM)

Key Requirements

• bachelor’s degree related to accounting, commerce or business administration

or

• a college diploma or certificate in accounting or business administration

and

• a minimum of three years of relevant work experience in financial management

in addition

• English essential
• relevant experience in ERP systems and in the development of reports
• relevant experience in financial reporting
• proactive mindset with an innovative outlook – continuously seek ways to improve processes and practices
• ability to analyze complex issues, diagnose multi-dimensional problems and devise appropriate responses or strategies
• ability to pay attention to detail even when carrying out multiple activities, and ability to plan for quality control

Assets

• fully functional in second official language
• work experience with SAP FI/CO
• actively working toward a professional designation (CA, CMA, CGA)
• an understanding of the Bank’s organizational structure (departments/functions)

Notes

If you are a qualified candidate, please submit a detailed resumé and a covering letter by 1 July 2012. We will also ask you to complete a mandatory questionnaire during the application process.

• Condition of employment: Candidate must be eligible for reliability status clearance.
• There will be no relocation assistance provided for this recruitment action.
• The Bank of Canada benefits from the unique perspectives, attributes and talents of its diverse workforce. We offer flexibility to accommodate the needs of our employees and candidates. The Bank of Canada is committed to employment equity and actively encourages applications from qualified men and women, including Aboriginal peoples, persons with disabilities, and members of visible minorities.
• Only the candidates selected for an interview will be contacted.

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