Senior Financial Analyst

ABOUT US

Almost 1.2 million residents call York Region home, making it one of the largest regions in Canada – and the fastest growing with a population that's expected to grow to more than 2 million by 2041. Our geography, which is comprised of about 1,800 square kilometers over nine different municipalities, is as beautiful, interesting and diverse as our people. Local government is organized in a two-tier structure and we work together with our local municipalities to provide residents and businesses access to a broad selection of services and resources.

WHAT WE OFFER

Consistently named one of Canada's Best Employers by Forbes, we offer a collaborative, progressive workplace that takes pride in our organizational culture and is committed to living The 13+ Factors of Psychological Health and Safety in the Workplace – aligned with our vision to create strong, caring and safe communities both within and outside our walls.

• Defined Benefit Pension Program - With the Ontario Municipality Employees Retirement System (OMERS) defined benefit pension plan, you can confidently retire knowing that you will have income for life. Eligibility from date of hire as a full-time employee and includes employer-matched contributions.
• Employer of Choice - Recognized as the highest-ranking government employer in Canada and fourth overall among 300 organizations.
• Benefits and Wellness - Employees and their loved ones have access to a comprehensive employer-paid benefits plan that includes extended health, dental and life insurance, access to a 24/7 Employee and Family Assistance Program and corporate discounts and purchase plans for day-to-day products and services.
• Inclusive and Diverse Workforce - We're committed to fostering an environment that celebrates all dimensions of diversity and ensures everyone can develop to their full potential, participate freely in society and live with respect, dignity and freedom from discrimination. Our robust Inclusion, Diversity, Equity and Accessibility program continues to grow, and has been recognized by the United Nations and many other organizations for our leadership.

ABOUT THE ROLE

Reporting to the Program Manager, Financial Services and Business Planning, is responsible for financial activities  supporting programs and services, including specific tasks in the preparation of annual budget/business planning, operating and capital program budgets, financial controls and quality assurance activities, capital projects, the development and maintenance of monthly/quarterly financial reporting, preparation of quarterly Ministry reporting requirements, analysis and financial forecasting and providing financial and analytical support to the Senior Financial Advisors.

WHAT YOU WILL BE DOING

• Participates in the preparation, development and coordination of the annual operating and capital budgets.
• Assists in the development and preparation of the annual Business Plan.
• Prepares annual Provincial and Federal budget submissions for assigned subsidized programs.
• Provides financial data support activities in the maintenance and calculation of Key Performance Indicators (KPI's) and Municipal Benchmarking Network Canada (MBNC) measures; gathers information, tracks and maintains data; performs calculations, as directed.
• Prepares monthly, quarterly and year-end financial reports.
• Works in collaboration with Senior Financial Advisors and Branch Finance staff and program managers to review financial activity, interpret financial data and provide recommendations on budget matters, variances, etc.
• Works in collaboration with Branch Finance staff and the Corporate Finance Department to reconcile accounts for applicable program areas.
• Ensures that records and documentation are maintained in accordance with legislated and Regional standards.
• Recommends and maintains internal control procedures and performs quality assurance activities
• Gathers data/information and documentation required to support the development of financial status reports on capital programs and forecasting activity to year-end.
• Analyses expenditures and funding sources for capital projects in support of effective forecasting, budgeting and reporting activities.
• Assists the Program Manager in developing processes to monitor, control and provide accurate, timely reporting to management on the status of the Branch's 10 and 20 -year capital program and the impact on the reserve fund, debt, and DC funding.
• Represents the Branch and/or Department on task forces, work groups, committees and projects, as assigned.
• Liaises with internal Department and cross-department contacts, such as Finance, as well as external government agencies and auditors, as required

WHAT WE ARE LOOKING FOR

• Successful completion of a University Degree or approved equivalent combination of education and experience.
• Completion of the Chartered Professional Accountant designation program (CPA) and registration with the appropriate Ontario Association.
• Minimum five (5) years experience in a large multi-divisional organization with specialized experience in financial planning, reporting, analysis and forecasting.
• Working knowledge of the Public Sector Accounting Board (PSAB) standards and Generally Accepted Accounting Principals (GAAP).
• Thorough knowledge of general ledger, accounts payable, purchasing, accounts receivable, budget variance analysis, asset management and fund accounting.
• Working knowledge of financial management systems in a municipal or corporate setting.
• Knowledge and demonstrated ability in corporate core competencies including customer focus, communication, collaboration and personal ownership.
• Computer literacy utilizing MS Office software applications, with proficiency in the development and use of spreadsheet, and database (COGNOS) applications; specialized ability using an ERP-based financial and budget system such as PeopleSoft.