BUDGET & FINANCIAL ANALYST

City of Toronto•Toronto, ON

7d•Onsite

About The Position

As a Budget & Financial Analyst, you’ll play a critical role in shaping how Finance Shared Services (FSS) delivers modern, efficient, and data‑driven financial operations. This is a role for someone who loves turning complex financial data into insight, structure, and confidence for decision‑makers and who wants their work to directly support large‑scale transformation across the organization. You’ll be a trusted financial partner to the Division, supporting both day‑to‑day financial operations and longer‑term modernization efforts. From building financial baselines that inform the FSS transformation to preparing operating and capital budgets, your work will help ensure the organization is financially sound, strategically aligned, and ready for the future.

Requirements

Post-secondary education in Finance, Business, Accounting, Administration, or a related field.
CPA designation.
Hands-on experience across core finance operations such as accounts payable, accounts receivable, collections, reconciliations, budgeting, and variance analysis.
Comfortable working in complex, highly regulated environments.
Highly analytical and data-driven.
Advanced skills in Excel.
Strong proficiency with Word and PowerPoint.
Ability to build financial models, dashboards, and structured analyses.
Ability to mine and segment large datasets.
Ability to translate complex data into clear, evidence-based insights that support leadership decision-making.
Experience working with ERP systems, ideally cloud-based platforms like SAP S/4HANA.
Familiarity with KPIs, performance metrics, and finance transformation concepts.
Methodical, detail-oriented, and committed to data integrity ensuring financial information is accurate, consistent, and reliable.
Critical thinker and problem-solver who can look at data differently, resolve issues, and recommend practical, well-reasoned solutions.
Communication and interpersonal skills allow you to work effectively across teams, explain financial concepts clearly, and build productive relationships with stakeholders at all levels.
Ability to manage multiple priorities, meet tight deadlines, work with minimal supervision, and handle confidential information with professionalism and discretion.
Strong commitment to equity, diversity, and respectful workplace values, aligned with the Toronto Public Service.

Nice To Haves

Experience with municipal government operations or shared service delivery models.
Exposure to automation and emerging AI tools in finance, especially if you can identify opportunities to improve efficiency and processes.

Responsibilities

Coordinate a full range of financial services for the Division while supporting Finance Shared Services initiatives focused on modernization and process improvement.
Implement detailed financial and program plans, recommend policies aligned with FSS transformation requirements, and conduct research grounded in legislation, corporate practices, sector trends, and leading practices in shared services and financial optimization.
Take ownership of the operating and capital budget cycle coordinating preparation, consolidation, implementation, monitoring, including variance analysis and reporting in line with corporate and divisional guidelines.
Establish financial baselines that support transformation initiatives and ensure project and program expenditures remain within approved limits through data-driven analysis.
Evaluate end‑to‑end financial processes, analyze and integrate insights from diverse data sources, and deliver clear, data‑informed recommendations that support project objectives and business outcomes.
Identify financial risks, gaps, inefficiencies, and opportunities for standardization, and clearly communicate issues and options to management linking financial findings to strategic and operational impacts.
Analyze financial and operational data such as Accounts Receivable and Accounts Payable to support City‑wide reporting, inform decision‑making, and uncover process improvement opportunities.
Prepare robust business cases for new or enhanced initiatives, building financial models and sensitivity scenarios that reflect program needs and resource constraints.
Prepare and review briefing notes and staff reports for Council, Standing Committees, Boards, and Corporate Finance, ensuring financial impacts are clearly articulated.
Develop specialized reports requested by City Council, commissions, provincial ministries, or Corporate Finance sometimes requiring custom analytical frameworks or methodologies.
Help develop performance metrics and reporting frameworks that support FSS outcomes.
Oversee divisional accounting, receivables, and internal control systems to ensure compliance with accounting standards and policies.
Coordinate financial reporting activities analyzing and reconciling transactions, overseeing adjusting journal entries, and ensuring all documentation is submitted accurately and on time at year-end and quarter-ends.
Provide ongoing assistance, training, and guidance to program managers on budget and financial management.
Help develop and implement financial policies, procedures, and control systems, continuously reviewing operations to identify improvement opportunities aligned with the FSS operating model and service delivery approach.
Provide direction and technical guidance to clerical staff, review work for accuracy and completeness, indirectly supervise financial work on a day‑to‑day basis, and support workforce planning and performance input for the Project Director.
Maintain and enhance financial planning systems, help define divisional requirements, and develop and maintain the divisional intranet site for financial services.
Build strong professional relationships across the organization including Corporate Finance, auditors, agencies, and divisional staff becoming a trusted, knowledgeable, and collaborative financial partner.