Financial Analyst (202477)

Reporting to the Manager of Budgets & Financial Reporting, this position is responsible for fostering a collaborative and proactive partnership with all assigned business areas at the Town, demonstrated through the following :

• The coordination and the preparation of departmental operating and capital budgets as assigned
• Supporting the Manager of Budgets & Financial Reporting in the preparation of the Town’s operating and capital budgets
• Identification of trends and proposal of recommendations for fiscal improvements
• Critical analysis of financial information to determine present and future financial performance

Accountabilities :

Operating and Capital Budgets

• Lead and co-ordinate the preparation of the annual operating and capital budgets for assigned departments, ensuring alignment with the Asset Management Plan, strategic priorities, and departmental strategies
• Manage salary planning information, including monitoring of contract positions and funding
• Provide support to program areas in the development of Needs Identification and Assessments (NIA) for consideration in the budget
• Update and maintain departmental operating and capital budget information for integration into the Town’s Long-Range Financial Plan ensuring appropriate identification of growth-related needs, specialized programs, and grant funding
• Assist the Manager of Budgets & Financial Reporting throughout the annual budget process by providing information and documentation
• Monitor and report on department revenues and expenses
• Prepare and enter journal entries as required, including year-end accruals, recognition of deferred revenue, development charges, expenditure reallocations, and funding entries
• Provide training, budget advice, and support to staff including guidance for compliance with corporate policies
• Participate in and provide financial advice as a subject matter expert for working groups and committees as required

Financial Reporting

• Prepare informative reports for stakeholders; review expenditures and revenues for variances to budget, making adjustments as required
• Develop and implement financial models by working with departments to understand their business areas an provide financial information and support to assist management when making decisions
• Provide input to the preparation of staff reports related to the Town’s financial statements ensuring complete and consistent application of accounting standards and policies
• Provide financial information to support grant applications and associated reporting, liaising with multiple government agencies and ministries, accessing external reporting portals as required
• Assist in the preparation and analysis of year end schedules and reconciliations

Budget Reporting

• Maintain information in the Town’s budgeting software (FMW) including the addition of new accounts / user security, data reconciliation, and management of reporting
• Work with the Manager of Budgets & Financial Reporting to develop new reports and improve information outputs related to capital and operating budgets
• Act as subject matter expert on the integration of FMW software with other software applications
• Prepare financial information to support grant applications and associated reporting

General

• Comply with corporate and departmental policies and procedures
• Act as the Finance Business Partner between department staff and Finance for operating and capital budget matters
• Provide a high degree of customer service for both internal and external customers, in accordance with Town standards
• Research issues, best practices and legislation and communicate findings, providing recommendations for financial reporting and business processes
• Track budget impacts approved outside of the budget process and prepare appropriate funding entries
• Assist with the preparation of schedules for the annual DC Treasurer’s Statement and CBC reserve report in accordance with the legislative requirements
• Provide support during periodic updates to the Town’s DC and CBC by-laws including the preparation of information and attendance at internal consultations
• Identify and facilitate business process improvements
• Perform other job-related duties as required

Qualifications :

• Post-secondary degree in Business, Finance and / or Accounting, or equivalent
• Certified Professional Accountant Designation (CPA) is considered an asset
• Four years of directly related experience, with experience in a municipal finance environment, including experience in the preparation of annual budgets and forecasts, knowledge of Development Charges, and job costing is considered an asset
• Proficient in Great Plains, FMW, Microsoft Word at an intermediate level, and Excel at an advanced level
• Knowledge of CPA Canada Public Sector Accounting
• Strong communication skills with a focus on customer service
• Excellent time management; able to prioritize work effectively and adapt to a changing environment
• Proven ability to critically analyze data and excellent mathematical reasoning
• Ability to think creatively and innovatively with proven problem solving skills
• Demonstrated skills of tact and diplomacy, with the ability to maintain a high level of confidentiality
• A high level of concentration for prolonged periods is required, while maintaining attention to detail and accuracy
• Ability to work independently and without direct supervision

Compensation :

The salary for this position (35 hours per week) is $84,360 - $100,428 annually.

Location :

This position isremote based on the needs of the business, in accordance with the Town’s Work from Home Policy, and as subject to change.

This position will also require some flexibility in the incumbent’s availability and work schedule.