SENIOR BUDGET & OPERATIONS ANALYST

City of Toronto • Toronto, ON

9d • CA$96,566 - CA$132,880 • Onsite

About The Position

This role facilitates the coordination, development, and analysis of Divisional Operating and Capital Budgets, performance measures, and variance reporting. The position provides professional guidance to the Divisional management team regarding sound financial planning, budgetary policies, and procedures.

Requirements

• Post-secondary education in a discipline pertinent to the job combined with relevant management experience, or an equivalent combination of education and experience.
• Considerable experience in the development of operating and capital budgets within a large private or public sector organization.
• Experience in both complement planning and management.
• Experience in effective application of financial analysis, reporting and compliance.
• Experience in leading business process reviews and project management, with a track record demonstrating innovation.
• In-depth knowledge of enterprise-wide financial systems, policies and business processes for capital and operating budgets.
• Highly developed interpersonal, analytical, conflict resolution and problem-solving skills, with the ability to communicate, both orally and in writing, and establish effective working relationships with employees, senior management and staff at all levels of client divisions, and outside agencies.
• Ability to exercise independent judgement and discretion in dealing with politically sensitive and confidential matters.
• Sound judgement and demonstrated ability to handle crisis and/or emergency situations and ability to work overtime when required.
• Understanding of applicable legislation and City policies and procedures in the area of Occupational Health and Safety, and the ability to ensure safe and healthy work environments.

Responsibilities

• Implements detailed plans and recommends policies/procedures regarding program specific requirements.
• Conducts research into assigned area ensuring that such research takes into account developments within the field, corporate policies and practices, legislation and initiatives by other levels of government.
• Ensures that the project expenditures are controlled and maintained within approved budget limitations.
• Coordinates and assists the Division in linking Council's Strategic Priorities, Council direction and multi-year business plans to the budget process.
• Advises divisional management in the development, implementation, enhancement and training of corporate and divisional systems and tools that facilitate analysis, consolidation and reporting of business planning objectives for service and service level changes; linkages to corporate strategic objectives and corporate resource requirements for strategic corporate and political decision-making.
• Coordinates the annual budget preparation processes for the Division.
• Provides assistance to operational staff with problems/issues during the development of budget estimates.
• Prepares high level budget information and analysis for management's review.
• Prepares corporate budget submission package.
• Assists divisional management in preparing budget presentation, briefing notes and other documents.
• Performs analysis on expenditure and revenue patterns, calendarizes Council approved budget and uploads budget into SAP and other systems.
• Prepares monthly variance reports and quarterly corporate variance reports in consultation with operations staff and Corporate Finance.
• Forecasts year-end expenditures and revenues on a monthly basis in consultation with operations staff.
• Responds to client divisions' enquiries regarding capital spending, reserve fund status and costing and billing information.
• Assists the manager in developing, maintaining and reporting the key performance indicators for senior management to review.
• Participates on projects as a financial or strategic resource in either a leadership or membership capacity, ensuring effective teamwork and communication, high standards of work quality and organizational performance and continuous learning.
• Reviews the effectiveness of financial and internal controls in the division for improvements in practices and procedures. Reports on findings and makes recommendations.
• Conducts research and analysis and provides guidance on budgetary and financial matters that may be highly confidential/sensitive in nature.
• Researches and analyzes financial issues related to labour relations and staffing issues affecting operations and resources.
• Reviews and assesses financial impact of policy recommendations/decisions of Council respecting program operations.
• Identifies, performs and coordinates analysis and research, and provides strategic advice on immediate, mid-term and long range financial and management issues that impact policy formulation, business planning, Corporate Financial Planning and Committees of Council.
• Provides direction, training and a coordination role to other financial staff in the division as required.
• Participates on and/or leads special project teams relating to divisional or corporate financial/budgetary issues.

What This Job Offers

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