Financial Analyst

OverviewThe City of Markham is consistently ranked among Canada2s top municipal employers. In 2026, the City received its sixth consecutive Canada2s Best Employers recognition from Forbes and Statista Inc., placing third among municipalities and 15th overall in Government Services. An award winning municipality, Markham is recognized for its leadership in sustainability, innovative urban planning, and strong fiscal management. Serving a diverse and growing community of more than 370,000 residents, Markham combines rich heritage with a vibrant local economy and offers employees the opportunity to contribute to meaningful, impactful work that helps strengthen the community we serve.Applications are now being accepted for the above position in the Financial Services Department, Corporate Services Commission. To apply, please submit your cover letter and resume online by January 25, 2026.Job SummaryThe City of Markham is seeking a highly motivated and experienced Financial Analyst (Contract position) with a growth mind set to join our Financial Reporting Division within the Financial Services Department. This fast paced, high-profile position offers an exciting opportunity for an independent, creative thinker with municipal experience or industry experience in financial reporting, analysis, and forecasting. As the City prepares for the implementation of a new ERP solution, this role will play a crucial part in ensuring seamless financial operations and accurate reporting during this transformative period. The Financial Analyst will be a key contributor to provide critical support for ERP deployment while ensuring statutory financial reporting obligations are met. The Financial Analyst will assist finance-side activities for data conversion, integration testing, reporting validation, and user readiness, while assisting with month-end and year-end. This role will involve hands- on financial reporting, analysis, and active participation in month-end, year-end, and audit processes. Key ResponsibilitiesFinancial Reporting & AnalysisPrepare and review financial statements for associate entities, ensuring accuracy and compliance with relevant accounting standards.Assist in the compilation of financial statements for Government Business Enterprises (GBEs) for City owned operations and the City.Responsible for the timely and accurate reporting of departmental and corporate operating expenses on a monthly, quarterly, and annual basis, including detailed analysis and reconciliations of general ledger accounts.Participate actively in month-end and other accounting/record-keeping matters, including journal entries, reconciliations, and closing procedures.Assist in the preparation of year-end comparative financial statements and supporting schedules, ensuring all necessary disclosures are included.Work closely with the external audit team, providing all necessary critical information and supporting documentation to facilitate a smooth and efficient audit process.Prepare and compile information for the calculation of indirect tax recoveries, actively seeking to maximize savings for the City.Deliver timely, comprehensive, and quality management reporting, including key financial metrics and performance indicators.Research, analyze, and make recommendations via written reports and PowerPoint presentations for special financial projects.Provide ad hoc financial support to Business Unit Leaders across the City, responding to their specific financial information needs. ERP Implementation & Process ImprovementAssist in Data Conversion: Extract, transform, and load legacy financial data into Workday templates; perform reconciliations and signoffs.Foundation Data Model (FDM): Assist in validating chart of accounts, cost centers, and hierarchies for ERP configuration.Integration Testing: Support mapping and user acceptance testing for integrations (GL, subledgers, payroll, banking etc.).Reporting: Develop and validate financial reports in Workday (trial balance, variance, audit packs); assist with parallel close and cutover readiness.User Readiness: Prepare job aids and training materials; support end-user training sessions. Policy & Strategic SupportProvide financial expertise to support operating departments within the City, offering guidance on financial policies, procedures, and best practices.Contribute to the formulation of financial policies and procedures by participating in multi- discipline projects that address the operating and financial requirements of the Corporation. QualificationsEducation & Professional DesignationBachelor2s degree in Accounting, Finance, or related discipline with a minimum of three (3) years of progressive experience in financial reporting and analysis.A professional accounting designation (CPA, CA, CMA, CGA or equivalent) is required. Skills & AbilitiesExceptional analytical skills with the ability to research and interpret complex financial issues, often involving cross-functional corporate teams.Superior verbal and written communication skills to present findings, recommendations, training and complex financial information in a clear, concise, and impactful manner.Demonstrated ability to be a hands-on, results-oriented analyst who excels at meeting established goals and objectives within tight deadlines.Strong consensus-building skills and the ability to influence others to achieve financial plans and challenge the organization to meet aggressive corporate financial goals.Independent and creative thinker who can approach financial challenges from both a strategic and tactical level, depending on the business circumstance.Highly proficient in a computerized environment, with advanced knowledge of Microsoft Excel (including advanced macro capabilities, Pivot Tables, and complex formulas), Microsoft Access, and PowerPoint.Familiarity with financial software applications is essential; experience with ERP systems, particularly in a municipal context, is a significant asset. Working ConditionsHybrid work arrangements may be considered in accordance with municipal policy.May be required to work extended hours during peak financial periods (e.g., year-end, ERP go-live). Core BehavioursService Excellence: Meets or exceeds service standards when interacting with customers in the community and in the organization.Change & Innovation: Responds positively and professionally to change and helps others through change.Teamwork & Relationship Building: Interacts with others in an inclusive, collaborative and respectful way that creates effective working relationships.Communication: Communicates in a clear, professional and respectful way; demonstrates active listening.Accountable & Results Oriented: Demonstrates ethical behaviour and accountability, aligns with City values, and abides by relevant policies and legislation.Management & Leadership: Demonstrates self-management, professionalism and engagement; leads by example. The City of Markham is committed to inclusive, accessible and barrier free employment practices and to creating a workplace that reflects and supports the diversity of the community we serve. Please let us know if you require an accommodation and we will work with you to ensure a barrier free hiring process.Please respect our scent free area by not wearing scented products when visiting the office.AI DisclosureAt the City of Markham, we value transparency and fairness in recruitment. While our system (ADP Workforce Now) includes AI-powered features, we do not use AI to screen, assess, or select applicants. All evaluations are conducted by people.VacancyNew Vacancy #J-18808-Ljbffr