New Job Financial Analyst In Ontario
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Financial Analyst |
Financial Analyst
Company : The Town of Tillsonburg
Salary : $31.61–$37.00 an hour
Location : Ontario
Full Description
Description
Financial Analyst
Department: Finance Department
Division: Finance
Group: Employee
Reports To: Director of Finance
Grade: 8
Last Update: August 2023
Summary of Position
Reporting to the Director of Finance, responsible for providing financial support and analysis for an assigned portfolio of work. The portfolio of work includes directly supporting an assigned group of departments with all things finance (budgeting, accounting, business case development, financial costing, and other related support) and/or supporting other corporate initiatives. Assignments may change over time as the needs of the organization change, and this will provide the successful candidate with the opportunity to gain a broader organizational perspective.
Qualifications
- Community College diploma in business or a related field.
- Minimum of 2 years’ experience in an accounting position.
- Financial reporting software skills (an understanding of Great Plains and FMW budgeting software considered an asset).
- Ability to enter data accurately and review calculations to correct errors.
- Ability to communicate and establish and maintain effective working relationships with a diverse group of stakeholders.
- Municipal experience considered an asset.
- Ability to work independently and to prioritize to meet strict deadlines.
- Ability to attend meetings at offsite locations as required.
- Advanced computer skills in Microsoft Office software including Word, Excel and PowerPoint
Responsibilities
- Develop a solid understanding of assigned departments’ operations and strategic initiatives, and how they interact with financial processes and planning.
- Ensure ongoing regular communication of financial matters between the Finance department and designated department staff by acting as the primary Finance liaison for designated departments.
- Understand the financial impacts of changing legislation on operations and make recommendations for improvements.
- Assist assigned departments with the development of operating and capital budgets with the lens of incorporating corporate financial policies and strategies like reserve usage and accounting structures.
- Assist assigned departments with the development and preparation of all budget related documentation and financial presentations as required.
- Assist assigned departments with the preparation of multi-year forecasts linking to the Strategic Plan and departmental Business Plans.
- Review the financial performance of assigned departments including operating variance analysis, capital spending review, and quarterly financial reporting.
- Prepares journal entries and year-end closing entries as required to address assigned departmental accounting needs.
- Coordinates submission of various legislated annual reporting including monies held in Trust.
- Provide financial advice on grant applications and assist grant financial claim submissions for assigned departments and track grant activity.
- Assist assigned departments with user fee and revenue analysis / forecasting models, capital funding including growth revenues, grants, reserves and reserve funds.
- Assist maintaining fiscal policies and procedures.
- Coordinates RMS maintenance and implementation, including uploads to GP and integration with other financial software.
- Reconciles specific deposit activity to bank activity on a monthly basis.
- Reconciles and submits required annual BAO reporting and remittances.
- Performs other duties as assigned
- Adheres to all policies and procedures for the Town.
- Aware of safe work practices relating to job responsibilities and have basic understanding of the Occupational Health & Safety Act as it relates to the work environment.
- Attend assigned departmental management meetings to understand emerging financial needs and be the department’s financial advisor.
- Understand departmental financial business needs and recommend on-going improvements including financial systems, revenue collection processes and financial policies, in collaboration with other members of the Finance team as required.
- Participate and act as the Finance liaison on development related departmental projects and studies like Master Plans, project business cases and/or costing, assessing financial impacts of legislative changes, supporting financial policy development and other similar initiatives.
- Assist with financial implications on Council reports prior to Director preview to ensure completeness of information in accordance with approved standards, and ensure Finance is aware of non-routine financial implications.
- Implement efficiencies in processes through documenting processes and leveraging technology.
- Participate in departmental team meetings and stay current on emerging Finance department projects and changes as they impact departmental operations.
- Performs other duties as assigned
- Adheres to all policies and procedures for the Town.
- Aware of safe work practices relating to job responsibilities and have basic understanding of the Occupational Health & Safety Act as it relates to the work environment