Budget & Financial Analyst Business Management

City of Toronto • Union, NJ

12d • Onsite

About The Position

To consolidate and analyze the Environment, Climate & Forestry Divisional Operating and Capital Budget and coordinates a full range of financial and administrative services to the Divisional Services area, including providing strategic financial advice to management, the review of actual financial transactions and variance reporting.

Requirements

• Post-secondary education in a relevant discipline related to the job function (e.g. Accounting, Financial Management or Business Administration) or the equivalent combination of education and experience.
• Considerable experience in budget control, forecasting and the preparation of financial reports and analysis, briefing notes and presentations explaining and supporting analysis and recommendations
• Considerable experience with financial and budgeting processes (Capital or Operating), the preparation of complex financial budgets, monitoring commitments and tracking expenditures.
• Considerable experience in participating in and operating as a fully accountable member of a multidisciplinary work team tasked with financial oversight of complex projects.
• Experience conducting financial trend analysis and proposing effective strategies.
• In-depth knowledge and understanding of complement management processes and salary cost planning principles.
• Analytical, conflict resolution and problem-solving skills, with the ability to develop.
• Ability to communicate effectively, including highly developed communication, presentation, and interpersonal skills.
• Ability to take initiative and work independently as well as work in a team environment managing multiple tasks under pressure, and to produce results within tight timeframes.
• Ability to support the Toronto Public values to ensure a culture that champions equity, diversity and respectful workplaces.
• Excellent interpersonal skills with the ability to establish effective working relationships with staff, internal and external clients.
• Sound knowledge of accounting principles, maintenance of general and subsidiary ledgers, deployment of control accounts, reconciliation of accounts and Generally Accepted Accounting Practices (GAAP).
• Sound judgment and the ability to handle matters of a confidential or sensitive nature.

Nice To Haves

• Possession of a Chartered Professional Accountant (CPA) designation would be considered an asset.

Responsibilities

• Provides input in the development of the division's annual budget utilizing information on operational requirements, staffing requirements, known pressures and required adjustments; assists management in the administration of assigned budget; provides sound advice, guidance and analytical services regarding budget and financial issues; ensures that expenditures are controlled and maintained within approved budget limitations by analyzing financial data.
• Implements detailed plans and recommends policies/procedures regarding program specific requirements.
• Prepares financial statements and expenditure reports i.e. capital expenditure reports, variance reports, property reports, Council initiated special projects expenditure reports, and reserve fund schedules and submits as requested to Senior Management.
• Prepares, analysis and monitoring of division's Operating and Capital budget for the Environment, Climate & Forestry Division.
• Participates in strategic complement planning including the staff complement and provides advice regarding sensitive and confidential labour relations matters such as labour disruptions and expansion and contraction of complement.
• Analyzes budget submissions for conformance to corporate policy and rules, performs comparison with prior year and identifies issues.
• Prepares and analyzes the divisional budget including monitoring of program expenditures, staffing and revenues.
• Performs analysis and investigation of budget variances for the division; highlights to management relevant financial issues with strategic and operational impacts and recommends options toward resolution of issues.
• Monitors in-year operating and capital budget adjustments and position adjustments.
• Participates in the implementation of divisional and corporate budget and financial control systems, accounting and financial monitoring policies and procedures to ensure data integrity and effective cost centre management.
• Ensures compliance with and a thorough understanding of corporate and divisional policies, procedures and guidelines, and City by-laws.
• Cultivates effective working relations, represents the division and consults with internal and external stakeholders, other divisions and members of the public programs, services and in cross-divisional strategic planning and activities.
• Makes recommendations on opportunities for efficiencies and savings and prepares budget reduction scenarios involving operational or labour relations issues.
• Develops and prepares financial reports to advise senior management on the financial status of various operating budget items for strategic decision making at the cluster level.
• Coordinates the preparation of monthly variance forecasts and the review of budget information for the Divisional Services cluster; and reports on explanations of variance from budget.

Benefits

• The City is an equal opportunity employer, dedicated to creating a workplace culture of inclusiveness that reflects the diverse residents that we serve.
• Should you require Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.
• Disability-related accommodation during the application process is available upon request.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree