Financial Analyst

City of New WestminsterNew Westminster, BC
Onsite

About The Position

The City of New Westminster is seeking a Financial Analyst to join their Financial Services team. This role is responsible for performing critical work pertaining to city-wide financial planning, reporting and analysis, annual budgeting, forecasting and business case analysis. The Financial Analyst will work closely with senior staff in the Finance Department and collaborate with other municipal departments to support the development and management of the municipality’s financial portfolio.

Requirements

  • Completion of an accounting designation with a recognized professional accounting association (CPA) complemented by sound experience in budget analysis and financial control work; or an equivalent combination of training and experience.
  • Ability to analyze and interpret various financial, budget, accounting and cost control information and data and to develop logical solutions to problems related to financial and business processes, budget variance and financial reporting.
  • Knowledge of the concepts, practices and techniques of financial/accounting principles and practices, financial processes and systems, and their application to financial operations.
  • Sound knowledge of ERP systems (JD Edwards) and other computerized data processing systems and databases.
  • Excellent MS Excel skills and the ability to extract data and perform analysis.
  • Effective communication and interpersonal skills. Ability to deal tactfully with all levels of staff and to establish and maintain effective working relationships with others, and to provide exceptional customer service.

Nice To Haves

  • Knowledge of the relevant regulatory policies, procedures and legislation would be an asset.
  • Knowledge of municipal functions, organization, policies and procedures and their financial and information system requirements would be an asset.

Responsibilities

  • Support the annual budget and five-year financial plan, quarterly reporting & financial forecasting, year-end audit and reporting, including but not limited to grant and reserve monitoring, tracking and reporting.
  • Prepare, analyze, and summarize a wide variety of financial information.
  • Assist client departments in administering their financial planning, budget and forecasting activities.
  • Monitor and analyze budget variances.
  • Prepare audit working papers, grant claims and financial reports for senior management.
  • Provide technical advice on specific business and financial issues, and ensure compliance with corporate and financial policies, procedures and legislation.
  • Assist with identifying and recommending improvements in financial and business processes to optimize the effectiveness and service delivery for all areas of accountability.
  • Support the Finance team on system implementation, testing and performance review.
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