Financial Analyst

5 months ago

Brampton, Canada Regional Municipality of Peel Full time

**Job Description**:
**Financial Analyst, Housing**

**Human Services - Housing Services**

One Contract Full-time - 7 months

**Salary Range**:$76,054 - $95,068 per year

**Work mode**:Remote *_see below for more details about this work mode._

**Location**:10 Peel Centre Drive, Brampton

**Hours of work**:35 hour/week

**Who we are**:Housing Services leads service system planning and management of housing and homelessness programs and services with a view to policy and service integration. Helps improve these services through effective planning, based on local information and research about the needs of Peel’s many different communities.

“Housing Services is passionately committed to ensuring stable, affordable, appropriate housing and supports in Peel. We manage a collaborative system of care focused on delivering services with compassion and respect in a way that preserves dignity.”

**The Role**: This position performs review and evaluation of financial statements and annual reports submitted by service providers in the Region of Peel. This position will also perform financial and operational reviews related to the delivery and ongoing administration of the Human Services programs.

**What you will do in this role**:

- Review the financial activities and the administrative structure for social housing groups, community agencies and non-profits in the Region of Peel
- Prepare subsidy estimates and reconcile subsidy entitlements for service providers in accordance with relevant legislation and regulations, regional policies, and funding guidelines
- Review and analyze budget and year-end financial statements from service providers
- Review and analyze Annual Information Returns from service providers. Attend providers’ site and perform operational reviews of providers’ financial controls and processes
- Analyze and make recommendations on providers’ financial action plans. Prepare information for annual budget submission and support the development of the Regional Human Services subsidy budget
- Reconcile monthly subsidy and prepare accruals
- Support the year end provincial audit process and other program reporting requirements
- Develop, implement, and maintain financial policies and procedures to ensure adequate internal controls exist within high volume expenditures
- Provide financial support and advice to participants in the Human Services program and staff members in the delivery of excellent customer service to clients
- Analyze and monitor financial performance of service providers, including identification of risk from insolvency or potential fraud
- Assess financial impact of changes in budget and program parameters
- Evaluate funding shortfalls or surpluses and explain causes
- Prepare and analyze subsidy forecasts
- Account reconciliation (analyze and raise issues with Supervisor/Senior Financial Analyst)
- Review and maintain a financial evaluating process to analyze new operators request for Service Agreements with the Region of Peel
- Assist in the development and implementation of a reporting process for assessing new service providers
- Support staff complement reporting function to Housing Services
- Perform routine and ad-hoc research and analysis.

**What the role requires**:

- A university degree in Business or Economics, a professional accounting designation or “finalist level” along with a minimum of 3 years experience in an automated financial environment or an equivalent combination of education and relevant experience may be considered
- Advanced computer skills including Microsoft Word, Excel, Outlook, Lotus Notes Excellent verbal and written communication skills
- Strong organizational, planning, analytical and administrative skills
- Thorough knowledge of applicable legislation and regulations
- Ability to work independently or as part of a team, and to deal well with changing tasks and priorities
- Demonstrate a commitment to diversity, equity, and inclusion through continuous development, modeling inclusive behaviors, and proactively managing bias
- Flexible hours supporting your wellness and wellbeing (non-union)
- Supportive leadership and a culture of respect and inclusion
- Access to tuition reimbursement (where applicable) and learning and development resources

**Work Mode**:In this role, you'll enjoy the flexibility of a hybrid work arrangement. This means you'll have the ability to work off-site and on-site as needed, depending on operational needs at the 10 Peel Centre Drive, Brampton.

It's important to note that your off-site work location must be within the province of Ontario. This ensures that we're compliant with all regulations and policies.

**Hours of Work**:35 hours per week. The Region of Peel offers job based flexible hours of work that allows employees to manage personal and professional responsibilities while at the same time ensures business operational needs and customer service expectations are achieved.

**Interview**: Our recr

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