Program Financial Specialist - Niagara, Canada - Niagara Region

Niagara Region

Verified Company

Niagara, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Division:

Financial Management & Planning

About Us:

Serving a diverse urban and rural population of more than 475,000, Niagara Region is focused on building a strong and prosperous Niagara.

Working collaboratively with 12 local area municipalities and numerous community partners, the Region delivers a range of high quality programs and services to support and advance the well-being of individuals, families and communities within its boundaries.

Nestled between the great lakes of Erie and Ontario, the Niagara peninsula features some of Canada's most fertile agricultural land, the majesty of Niagara Falls and communities that are rich in both history and recreational and cultural opportunities.

Niagara boasts dynamic modern cities, Canada's most developed wine industry, a temperate climate, extraordinary theatre, and some of Ontario's most breathtaking countryside.

An international destination with easy access to its binational U.S.

neighbour New York State, Niagara attracts over 14 million visitors annually, as well as a steady stream of new residents and businesses.

Please note that effective February 12, 2023 mandatory COVID-19 vaccinations are no longer required as per the Niagara Region's amended COVID-19 Vaccination Policy.

As a result, you will not be required to submit verification of your vaccination status before starting employment with the Niagara Region.

However, the Niagara Region continues to reserve the right to reintroduce vaccination requirements in the future if necessary to respond to changing public health advice and\or government direction.

The Niagara Region continues to strongly encourage everyone to remain up-to-date with vaccinations.

Job Summary:

Reporting to the Manager, Program Financial Support, the Program Financial Specialist is responsible for providing program specific financial support in the areas of budget, reporting, and procurement to Departmental and Divisional management teams and Project Managers.

Education:

Postsecondary degree from a recognized university in accounting or finance.

Knowledge:

5 to 7 years of experience in accounting, financial reporting, budgeting, procurement and/or process review preferable within the Ontario Municipal Financial context.
5 years financial analyst experience in developing and working with financial models.
Experience with Public Sector Accounting (PSA) and notforprofit accounting standards is preferred.
Professional accounting designation (CA, CGA, CMA).
Knowledge of external regulations, such as the Municipal Act, the CICA/PSAB Handbook, and all other regulations impacting the accounting and reporting of municipalities.
Completion of the municipal accounting and finance program is preferred.
Audit designation is preferred.

Responsibilities:

_ Provides consultation and integrated financial services, ensuring required financial supports are in place for business partners to achieve their business goals and objectives

_:

Ensures departmental procedures are in place and monitored for compliance with general accepted accounting principles and corporate directives.
Recommends and executes policy, process, and procedure improvements to enhance operations of respective departments, working with finance process and policy owners to understand needs and provide expert advice, and developing communication strategies to ensure department staff are informed.
Participates in new department initiatives (new systems, new business initiatives, rate setting, etc., ensuring financial and measurement systems integration.
Acts as first point of contact for program management and project managers for daytoday issues with financial implications.
Works with finance consultants to execute and implement business case recommendations, ensuring alignment with budgets, reporting, accounting and procurement.

_ Provides financial and budget analytical support, working with departmental program/project managers

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Completes monthly and/or quarterly variance analysis.
Builds models to help program/project managers provide forecast projections of revenues and expenses.
Coordinates the annual budgeting process (operating and capital), building models and providing guidance on required assumptions to assist in the preparation of budgets of revenues and expenses.

_ Prepares program specific external reporting, liaising with program specific agencies as needed

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Undertakes financial audits to ensure all financial policies (corporate and departmental) are observed including contract awards, reporting and filing of financial information.
Works with department management in the development of internal financial reports required to manage their business on an ongoing basis.
Works with the corporate reporting function, coordinating and preparing required program specific external reports.
Coordinates and liaises with both external and internal auditors on an as required