Current Budget & Process Officer-C1342

City of London•London, ON

5d•CA$59,893 - CA$86,651•Hybrid

About The Position

This is a permanent, full-time position within the Financial Planning and Business Support division, reporting to the Financial Business Administrator. The role involves developing and monitoring Corporate Operating Budgets, coordinating with various civic departments and management, and maintaining budget information in corporate systems. Key responsibilities include designing and maintaining budget systems, tax rate, and long-term forecasting models, consolidating budgets, and supervising the work of a Budget Analyst.

Requirements

Completion of a degree and completion of all CPA PREP modules, OR equivalent, such as an honours degree in Accounting that incorporates all CPA PREP module requirements or equivalent.
Two to three years' related experience.
Demonstrated proficiency in word processing, spreadsheets and various software.

Responsibilities

Provides assistance and liaises with City Departments on all technical matters related to the development and monitoring of the Operating Budget.
Prepares periodic analyses, reports and schedules related to the Operating Budgets.
Consolidates all Operating Budgets.
Designs, develops, implements and maintains Operating Budget Systems in order to facilitate timely preparation of the annual Operating Budget and long term forecasting models.
Monitors progress of compiling and presenting annual information documents (Operating and Capital Budget to Management Committee and political representatives).
Provides technical coordination for the preparation, review, and approval of the Operating Budget.
Assists in the preparation of all budget Transmittal documents, Overviews and Summary reports.
Liaises with Financial Services in the setting up of new programs, reserves, accounting processes and procedures that arise from budget development and monitoring of Civic Departments budgets.
Participates in planning for Department directives and long range systems development with respect to Operating Budget.
When necessary, participates in other Departments meetings, attends and documents sub committees of Council and Council for financial implications.
Prepares and consolidates annual Operating Budget and periodic performance reports for submission to Divisional Management and Committees of Council and ensures approved budget adjustments are entered accurately in City Financial systems.
Advises the Financial Business Administrator of any problems or potential problems with respect to over expenditure, revenue shortfalls, or any other matters pertaining to Operating Budgets.
Provides recommendations, based on observation and experience, and liaises with Capital Budget Officer, Current Budget Officer and Treasury Management Officer, with respect to budget processes and reports.
Prepares year end financial reports associated with Operating Budget functions including liaison with Financial Services Section and Auditors regarding year end reporting requirements and preparation of reporting packages for year end.
Trains external personnel through orientation sessions and the preparation of written instructions and procedures related to Operating Budget production.
Supervises work of Budget Analyst and Budget Clerk positions including analyses, data input for budget changes, transfers into Corporate accounting system, accounts payable vouchers and other work produced by clerical staff, on matters related to the Operating Budget.
Provides back up support for Capital Budget officer, Current Budget Officer and Treasury Management Officer.
Performs related duties as assigned.