Manager, Budget, Revenue and Financial Reporting (Capital and Facility) (Perm) (4462)

POSTED: October 24, 2024

DEADLINE: 4:30 p.m. November 14, 2024

SCH II-24-0206NE

Manager, Budget, Revenue and Financial Reporting

Capital and Facility

1 – Permanent Position

Business Services

Schedule II, Level 9

(Non-Union – 12 Month)

$116,168 - $139,385

Overall Purpose:

Reporting to the Assistant Comptroller, the Manager, Budget, Revenue and Financial Reporting (Capital and Facility) be responsible for the effective management of the designated functional area Capital & Facility.

The Manager, Budget, Revenue and Financial Reporting (Capital and Facility) will:

• Manage staff including hiring, planning, training, performance reviews and direction of budget/financial reporting functions;
• Work closely with the Assistant Comptroller in the development, preparation and submission of the Board’s annual capital and renewal budget and revised estimates, and financial statements including note disclosures and supporting schedules in accordance with Public Sector Accounting Board (PSAB) standards and Ministry requirements;
• Provide on-going guidance, recommendations and strategies to departments/budget holders on capital, financial and budget related matters (e.g. Executive Officers, Executive Superintendents, Principals/Vice-Principals, Managers, Administrative Assistants, school support staff);
• Prepare ad hoc analysis requested throughout the year by internal and external stakeholders;
• Monitor accounting pronouncements (i.e. PSAB) and Ministry funding announcements/changes and assess the impact to the Board (i.e. financial, process and system changes);
• Provide analysis and recommendations to Assistant Comptroller on developing a capital and renewal budget within budget constraints while supporting Board strategic goals; and
• Lead/participate in special projects related to program, budgeting and/or finance to ensure compliance with external and internal policies/regulations.

Summary of Duties:

• Responsible for management and direction of staff, including planning, staffing, training and performance reviews;
• Make recommendations to the Assistant Comptroller to support planning, department goals, objectives, processes and operating procedures including those relating to capital financing;
• Work closely with the Assistant Comptroller in the preparation and development of the Board’s capital and renewal budget, submission of Ministry estimates and revised estimates including all grant sections, expenditure schedules, supporting documentation and preparation of the March financial report to Ministry, and year-end financial statements;
• Act as a lead resource with the Board’s external auditors
• Oversee the collection, compilation, verification and submission of EFIS reports to the Ministry;
• Prepare annual and multi-year expenditure and revenue forecasts that support operational and capital plans of the Board;
• Review and monitor department budgets for variances, surpluses/deficits and potential issues;
• Collaborate and provide ongoing guidance and assistance to departments/budget holders on financial and budget related matters;
• Track funding source and usage for both capital and operating expenditures;
• Complete ad hoc reporting requirements and submissions related to grant/funding initiatives, expenditures and statistical data;
• Assist in finalizing the fiscal year including preparing account reconciliations, accrual adjustments and analysis of budget allocation and spending;
• Provide in-depth analysis and assist in the preparation of reports to management and Trustees on the Board’s revenues and expenditures;
• Prepare complex accounting adjustments related to capital assets, asset retirement obligation, deferred revenue and other PSAB related items;
• Establish and maintain general ledger accounts, cost centres and cost centre groupings on the Board’s financial system to support internal and regulatory reporting;
• Monitor PSAB accounting pronouncements, government announcements and assess impact to the Board;
• Monitor all reporting requirements (i.e. Ministry, 3rd party) and ensure deadlines are adhered to;
• Lead/participate in special projects related to program, budgeting and/or finance;
• Work with Assistant Comptroller and Information Technology staff to identify and recommend upgrades to financial systems and assist in the implementation, maintenance and modifications;
• Assess any system modifications that may have a financial impact and ensure modifications are compliant with budgeting and financial reporting requirements (e.g. PSAB, Ministry guidelines, etc);
• Review internal budget/financial reporting processes and identify improvements to internal controls;
• Provide leadership in fostering equity and inclusiveness in the development and implementation of programs and services; and
• Other duties as assigned.