No more applications are being accepted for this job
- Conducts research, evaluates alternatives, develops business cases and provides appropriate cost/benefit and financial analysis on various financial accounting issues impacting the Division.
- Conducts detailed analysis, variance analysis and appropriate follow up of financial accounting issues and recommends needed corrective action in regard to revenues, expenditures and commitments
- Reviews all divisional and corporate policies, processes and procedures and financial information systems; evaluates risk exposure; reports findings to Supervisor and Manager; and develops and/or recommends improved/enhanced internal controls.
- Prepares comprehensive financial reports/briefing notes/correspondence and other analyses as requested by the Supervisor/Manager for Senior Management Team and/or Council on financial accounting and variance reporting issues, including contract usage reports.
- Preparation of staff reports/briefing notes/documents, including research and analysis, to support and establish procurement protocols for award of contracts, amendment of contracts and any requirements for contract management.
- Responsible for preparing new or re-occurring procurement documents (such as RFQs, RFPs, RFIs) and work directly with Division staff and PMMD staff to ensure completion and accuracy of competitive bid procedures or non-competitive procurement procedures, following Corporate Purchasing By-Laws, policies and procedures.
- Preparing and reviewing the Division's monthly contract management reports and alerting Division staff and Supervisor as needed in a proactive manner avoiding overspent contracts.
- Monitors and evaluates the effectiveness of revenues, payables and purchasing processes on a regular basis; reports findings to Supervisor and Manager; recommends and participates in the implementation of improved procedures.
- Participates in studies or initiatives from program, identifies financial risk areas, makes recommendations and helps in the implementation of initiatives.
- Participates on project teams/ad-hoc committees as the financial representative and provides a financial perspective that can affect any decisions or recommendations made.
- Provides sound advice, guidance and analytical services regarding procurement, accounting and budget issues to divisional staff.
- Assists the Manager and the Supervisor in the performance of their work including ad-hoc analysis.
- Ensures Divisional compliance with Cluster/Corporate financial policies and procedures, with focus on the City's Purchasing By-laws, policies and procedures.
- Establishes and maintains an effective program for financial control of various services, service elements and activities.
- Performs detailed analysis of the general ledger and prepares adjusting journal entries, if and when required
- Responsible to take initiative, work overtime and meet corporate deadlines as necessary
- Coordinates and/or provides work direction and/or performs backup coverage to support other team members.
- Completion of a professional accounting designation, e.g. CA, CPA, or Bachelor's Degree in Business
- Extensive work experience at a senior accounting level in the public or private sector working directly with Senior Management.
- Extensive experience in accounting, accounts reconciliation, purchasing and procurement, contract administration, with extensive knowledge of financial and accounting systems, processes and system controls.
- Experience providing effective work direction and on the job training to other staff.
- Knowledge of accounting principles and techniques, policies, procedures, maintenance of general and subsidiary ledgers, deployment of control accounts, reconciliation of accounts, and Generally Accepted Accounting Practices (GAAP).
- Knowledge of the City's By-Laws, policies and procedures with respect to purchasing, accounting, accounts payable, revenues and financial reporting.
- Highly skilled in extracting large amounts of data from corporate systems and organizing and analyzing that data for the purpose of transforming the data into information for management decision making.
- Ability to interpret, understand and implement complex procedures and agreements and to initiate innovative ideas.
- Ability to communicate clearly and effectively with all levels of staff and with external clients.
- Demonstrated ability to lead, motivate, coach and work harmoniously in teams.
- Highly developed analytical, conflict resolution, problem solving and presentation skills.
- Knowledge of the principles and practices used in the effective application of financial analysis of government operations.
- Highly developed communication skills both orally and in writing at all organizational levels.
- Ability to work overtime when required.
- Ability to travel to various locations to attend and provide off-site training sessions.
financial analyst - Toronto, Canada - City of Toronto
Description
Responsibilities
:Key Qualifications:
Your application must describe your qualifications as they relate to:
You must also have: