Financial Analyst
4 weeks ago
The Peel District School Board is seeking a highly skilled Financial Analyst to join their team. As a Financial Analyst, you will be responsible for the preparation and analysis of monthly and annual Expenditure Statements in accordance with Public Sector Accounting Board Standards and guidelines for senior management and quarterly financial reports to the Board.
Key Responsibilities- Preparation, analysis and reconciliation of monthly and annual reports on various Board Operating Expenses including all four Ministry reporting cycles, Estimates, Revised Estimates, Consolidation Reporting and Year end reporting and various other Accounting and reconciling activities
- Prepare and complete quarterly Expenditure Statements to be presented to the Board of Trustees for approval
- Collect, compile, gather information and data that will assist in completing analysis and note explanations as required in the statements
- Complete and update supporting schedules on a monthly basis
- Present Expenditure Statements at the monthly Finance meeting of Finance staff including Supervisors and Managers
- Forecasting of financial results based on actual expenditure incurred and prior year experience
- Distribute monthly Expenditure Statement summaries to Controllers/ Directors/ Superintendents for review and approval
- Monitor department surplus/ deficit reporting by program based on enrolment, grants received and expenditures work with departments to adhere to Ministry reporting guidelines and to produce reports so they better understand and track with budgets
- Understanding the assigned grants, verify its calculation, determine the impact of legislation change and compare it to the previous cycle
- Ensure all schedules and reports for financial reporting are Public Sector Accounting Board compliant
- Assist with year-end audit preparation and schedules for all Operating Expenditures, analyze and
- Provide explanations for vacancies over thresholds
- Analyze Trustee expenses on a monthly basis and prepare a summary report for year-end Reporting
- Review journal entries, to ascertain properly balanced, appropriate backup is included and proper and accurate coding and approval on a weekly basis
- Complete and update Transportation Report on a monthly basis
- Ensure transportation analysis is completed in an accurate and timely manner liaising as needed with the STOPR Transportation Consortium
- Completion of monthly benefits analysis and complete the benefits entry on a monthly basis
- Ensure that suspense accounts are analyzed and cleared on a monthly basis
- Other duties as assigned
- Degree in Business, Commerce, Finance, Accounting or related field is required.
- Professional Accounting designation (CPA) is required.
- Three to five years of accounting experience, preferably in the public sector.
- Knowledge of Public Sector Accounting Board (PSAB) accounting standards, Canadian Generally Accepted Accounting Principles (GAAP) and Canadian Auditing Standards.
- Excellent analytical skills, attention to detail and accuracy of results and reporting.
- Excellent communication skills both written and verbal are required.
- Strong interpersonal, organizational and time management skills with ability to prioritize and meet timelines.
- Thorough understanding and skills in use of financial information systems and other applications (Excel, Word, PowerPoint, Access, report writing, etc.). FIS, VISTA and PAM an asset.
- Demonstrated commitment to working in a diverse school community and/or work environment.
- Record of satisfactory on-the-job performance while employed by the Peel District School Board.
The Peel District School Board is committed to equity in employment. We are committed to equitable hiring practices that allow us to hire qualified staff who reflect the full diversity of the Region of Peel. We will provide reasonable accommodation based on any of the human rights protected grounds, during the hiring process if advised in advance. We are also committed to inclusion, anti-oppression and anti-racist practices while also supporting the continuous growth and development of an equitable and empowered education system at the PDSB.
Criminal Background Check
Successful candidates must provide a satisfactory Criminal Background Check prior to commencing employment. Please review the requirements for the Criminal Background Check.
We appreciate the interest of all applicants, but will only be contacting candidates whose skills, experience and qualifications best meet the requirements of the position. All communication to applicants regarding this job posting, including an invitation to complete skills assessments and/or a job interview if applicable, will be made through email. Candidates are encouraged to regularly check their email as listed on their TalentLink account.
Land Acknowledgement
The land upon which we work, live and sustain ourselves is the ancestral and treaty lands of the Miichizaagiig Anishinaabek also known today as the Mississaugas of the Credit, the rightful caretakers and title holders of this land. We also recognize the rich pre-contact history and relationships which include the Anishinaabek and the Onkwehonwe. Since European Contact, this land continues to be home to Indigenous and non-Indigenous peoples. As responsible community members, we value the diversity, dignity and worth of all people. Colonialism displaced and dispossessed Indigenous peoples of their ancestral lands and continues to deny their basic human rights, dignities and freedoms. We are committed to learning true history to reconcile, make reparations and fulfill our treaty obligations to the Original Peoples and our collective responsibilities to the land, water, animals, and each other for future generations.
Discover why you should consider a career with us
Additional NotesPreference will be given to qualified members of the Administrative Staff Group (ASG).
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