The Position :
Reporting to the Assistant Director, Financial Services, the General Accountant (GA) is responsible for tasks associated with the administration of Redeemer University College’s RRSP / RRIF Portfolio, entering cash receipts into the accounting system, reconciling accounts receivables monthly, reconciling donations recorded in Colleague / Raisers’ Edge, and coordinating the financial administration of all fixed assets.
RRSP / RRIF Investments
Enter deposits, withdrawals, transfers in or out and interest when accounts are closed throughout the month into the RRSP program.
Compare the RRSP / RRIF database to the accounting system for accuracy at month end and reconcile to the General Ledger.
Prepare a RRSP / RRIF summary of contracts and transactions listing of RRSP / RRIF holders at month end and provide report to the Financial Services Director.
Calculate and submit Withholding Tax monthly and forward to Accounts Payable Clerk for recording.
Calculate RRIF payments on a monthly basis.
Prepare official tax contribution receipts from the 60th day of the year to December 31 and from January 1 to March 1.
Calculate withdrawal amounts from the RRSP portfolio for the calendar year for T4RIF, T4RSP.
Prepare T4RIF and T4RSP annually, mail to clients and submit to Canada Revenue Agency (CRA).
Review updates from the Trustee, Concentra Financial and from CRA in relation to RRSP and RRIF.
Calculate manual interest on accounts that are transferred or withdrawn from RRSP and RRIF accounts.
Calculate the annual minimum requirements for the RRIF holders for the current year.
Prepare annually a new contract list for RRSP / RRIF with account reconciliation for the calendar year.
Prepare adjusting journal entries as required.
Maintain list of all RRSP / RRIF holders for anti-terrorism screening.
Reconcile monthly Accounts Receivables and balance to the General Ledger.
Reconcile monthly Colleague / Raisers’ Edge donations
Enter deposits into Colleague and assist General Accounts clerk with deposits during peak periods and holidays.
Fixed and Minor Assets
Locate and tag fixed assets, file invoices with tag numbers, and enter tag numbers and pertinent information into Colleague Fixed Asset module.
Balance Fixed Assets to General Ledger accounts.
Train and supervise student employee, and prepare annual Tax Forms.
Preferred Skills and Attributes :
Familiarity with tax reporting requirements and basic understanding of RRSPs and RRIFs.
Ability to communicate effectively, both orally and in writing.
Other Requirements :
Demonstrated ability to identify with the faith-based mission of Redeemer University College through understanding and personal commitment
Understanding of, and commitment to Redeemer University (mission, values, and Reformed Christian identity) and ability to articulate its mission effectively and persuasively
Participate in communal activity that supports and encourages a university campus environment where the holistic development of all persons embodies Christian principles that advance the mission and Christian character of Redeemer University
Education / Training :
Minimum College diploma combined with bookkeeping work experience
Position Reports to : Assistant Director, Financial Services
Submit Applications to : (please quote Position Title in Subject line)
Expiry Date : July 19, 2020
Applicants are requested to email their application materials and include a statement that articulates their faith perspective and its relation to the mission of Redeemer University.
A range of qualifications are evaluated including distinguishing characteristics that demonstrate congruence with our identity as a university in the Protestant and Reformed Christian tradition.
Only applicants selected for an interview will be contacted. Accommodations are available on request for candidates taking part in all aspects of the selection process.