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Financial Analyst
3 weeks ago
**Competition #**: 43075
**Department**: Municipal Affairs and Housing
**Location**: HALIFAX
**Type of Employment**: Permanent
**Union Status**: NSGEU - NSPG
**Closing Date**: 12-Jun-24 (Applications are accepted until 11:59 PM Atlantic Time)
About Us
The Department of Municipal Affairs and Housing is dedicated to working with municipalities to build healthy, vibrant, and safe communities throughout Nova Scotia. Municipal Affairs provides programs, grants, and funding opportunities for municipalities and community groups. The Department also provides services and guidance to municipalities in many areas including land use planning, budget planning and finance, infrastructure development, policy and program development, and support for economic development through the management of the Regional Enterprise Network program.
The Department of Municipal Affairs and Housing is also responsible for ensuring the availability of safe, suitable, and affordable housing for all Nova Scotians. Our work involves making strategic investments, leveraging new funding, and building on critical partnerships to help further position ourselves to meet current and future housing challenges.
About Our Opportunity
Reporting to the Manager of Municipal Finance, as a Financial Analyst, you are responsible for providing confidential research and analysis, advice and assistance on financial matters and accountabilities relating to local government in Nova Scotia, including viability and debt capacity analyses, along with administering operational programs and maintaining extensive knowledge of related legislation. You will assist with the development of policies and procedures with respect to financial accountability measures and accounting policies in consultation with departmental staff, other departments, municipalities and villages, and external agencies. You ensure municipal financial accountabilities are met in accordance with Financial Reporting and Accounting Manual (FRAM) regulations and Public Sector Accounting Principles. You will also recommend and implement changes to the Financial Reporting and Accounting Manual (FRAM) Regulation.
Primary Accountabilities
Conducts confidential research, statistical analysis, and analytical reviews for all municipalities (including audited consolidated financial statements, Financial Information Returns, Statement of Estimates - Budget, Statement of Estimates - Assessment, Internal Control letters).
Administers and delivers operating programs to municipalities and villages in accordance with applicable legislation.
Communicates regularly with senior municipal finance staff, and municipal auditors to complete analytical reviews of financial and assessment information to resolve issues identified.
Ensures audited financial statements of municipalities comply with the Public Sector Accounting Standards (PSAS) and legislated reporting requirements.
Performs complex and detailed analysis and reports on municipal performance by preparing the Key Performance Indicators to assess the financial viability and health of all municipalities.
Performs business analytics to provide data driven insights related to property assessment, grants, taxation, etc turning data into business intelligence.
Creates, maintains and manages the content of the online Municipal Reporting System (MRS).
Creates and ensures E-forms accurately reflect the PSAS and FRAM reporting requirements.
Provides support to municipal finance staff to resolve financial reporting issues.
Qualifications and Experience
This may be the right opportunity for you if you have a bachelor's degree with a focus in Accounting or Finance and five years of related experience or an equivalent combination of training and experience.
You must have the ability to critically examine financial statements, to offer advice on financial reporting to clients and auditors in the context of Public Sector Accounting Principles, legislation, and policy. You have strong analytical and interpretive skills, excellent time management proficiencies with the ability to manage competing priorities and concurrent projects. You have a high level of initiative, and an ability to work with mínimal supervision. You develop practical solutions to technical and theoretical problems, and possess strong communication skills, including an ability to present complex financial information in a user friendly, easy to understand manner. You are highly proficient with the Microsoft Office suite and have a mastery of Excel.
**While not required, it is considered an asset if you possess**:
A professional accounting designation (CPA) or enrollment in a recognized accounting program;
an understanding of municipal finance, fund accounting and Public Sector Accounting Principles along with a knowledge of the Financial Reporting Accounting Manual (FRAM) regulations and the department's reporting requirements (e.g., Financial Information Return, Statement of Estimates); and
