Financial Planning Analyst Fin - Toronto, Canada - City of Toronto

City of Toronto

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job ID: 39527

Job Category:
Finance, Accounting & Purchasing

Division & Section:
Financial Planning, Fin Plng Corp Financial Plng & Mgmt Team 1

Work Location:
City Hall, 100 Queen St W

Job Type & Duration:
Full-time, Permanent Vacancy

Salary:
$93,500.00-$119,274.00

Shift Information:
Monday to Friday, 35 hours per week

Affiliation:
Non-Union

Number of Positions Open: 1

Posting Period: 04-Aug-2023 to 21-Aug-2023

The

Financial Planning Division within the

City of Toronto provides timely, objective advice and information to Council and management staff of City divisions, agencies, boards and commissions, to ensure both the financial integrity of the Corporation, and the optimal balance between efficient, effective services levels, and levels of taxation and user fees.

As a

Financial Planning Analyst, based either in a Client Portfolio or Corporate team, you'll support the monitoring, and reporting on, the City's financial performance, provide oversight and ensure compliance with financial planning and management policies and guidelines, City financial and budgetary controls, and the City's budgeting systems, to fulfill the City's fiscal management and accountability responsibilities, and financial stewardship obligations. This is an exciting opportunity to play a key role within the Division by providing strategic financial and business analysis and advice to help ensure informed decision-making by all levels of management, Committees, and City Council.

Major Responsibilities:

Demonstrating a fiscal and political/policy perspective, you'll support the preparation - and presentation to senior management and/or Committees of Council - of a wide variety of analysis and/or reports, policy papers, briefing notes and/or presentations regarding strategic, financial and operational issues that are either within the purview of assigned programs, or corporate in nature.

This will entail providing comprehensive corporate budget data, analysis and forecasting, identifying all relevant issues and making appropriate recommendations for decision-making.

Committed to best practices and innovation, you'll also participate in the development of strategic and innovative approaches, financial strategies and analytical techniques, and ensure the effective provision of senior-level advice, guidance, assistance and analytical services, providing fiscally sustainable solutions to meeting the City's fiscal challenges, including cost containment and revenue maximization.

Keeping abreast of the Corporation's changing strategies, priorities, policies and programs, as well as provincial legislation, you'll ensure that the design and delivery of service plans and budgets are linked to strategic objectives and Council priorities.

In addition to the above, you can expect to carry out a variety of duties and responsibilities in any of the following areas, as assigned.

Client Portfolios

In this capacity, you'll both support and challenge clients (City divisions, agencies and corporations) with your breadth of financial knowledge, political acuity, and understanding of issues from a City-wide perspective.

This will include acting as primary financial advisor to any assigned portfolio, providing strategic and expert financial planning, management and oversight, including business case evaluation and service analysis considering financial, environmental and social impacts, as well as budget estimates and submissions during the annual budget process.

Where necessary, you'll also participate in special project teams relating to Council-directed, inter-program or services-specific initiatives or issues, providing sound strategic financial analysis and advice for recommendation, resolution, and implementation.

Based on your monitoring and evaluation of in-year expenditures and revenues, versus approved client budgets and performance measures, you'll advise on causes for variances and recommend data-informed mitigating strategies to City Program and ABC clients, the Executive Director, Financial Planning, the CFO, the City Manager, Council Committees, and Council, as appropriate.

Corporate Analysis and System Support

Key Qualifications
Among the strengths you bring to the role of

Financial Planning Analyst will be the following key qualifications:

Post-secondary education in Public Administration, Business Administration, Financial Management or a professional discipline pertinent to the job function, or an equivalent combination of education and experience in key functional areas of this position, including Operating and Capital budgets.
Experience with enterprise-wide systems, including human resources, accounting or financial or budgeting systems (e.g., SAP and PBF Budgeting).
Experience preparing schedules, worksheets and comprehensive reports, and analyzing, interpreting and summarizing information to support decision-making.
Exper