Financial Analyst - Tillsonburg, Canada - The Town of Tillsonburg

Sophia Lee

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Sophia Lee

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Description
Job Details


Open Date

  • Aug :30:00 PM
    Close Date
  • Sep :59:00 PM
    Position Title
  • Financial Analyst
    Posting Type
  • All
    Posting Status
  • Active
    Position Length
  • Full Time
    Department Group

Hours per Week

  • 40
    Department
  • Finance
    Openings
  • 1
    Education
  • Post Secondary Education
    Experience
  • 2 years
    Location
  • Corporate Office
    Competition
  • HR 53.23
    Salary Range
- $ $37.00 per hour
Description:


Financial Analyst:


Department:
Finance Department


Division:
Finance


Group:
Employee


Reports To:
Director of Finance


Grade: 8


Last Update:
August 2023


Summary of Position

Qualifications

  • Community College diploma in business or a related field.
  • Minimum of 2 years' experience in an accounting position.
  • Financial reporting software skills (an understanding of Great Plains and FMW budgeting software considered an asset).
  • Ability to enter data accurately and review calculations to correct errors.
  • Ability to communicate and establish and maintain effective working relationships with a diverse group of stakeholders.
  • Municipal experience considered an asset.
  • Ability to work independently and to prioritize to meet strict deadlines.
  • Ability to attend meetings at offsite locations as required.
  • Advanced computer skills in Microsoft Office software including Word, Excel and PowerPoint

Responsibilities

  • Develop a solid understanding of assigned departments' operations and strategic initiatives, and how they interact with financial processes and planning.
  • Ensure ongoing regular communication of financial matters between the Finance department and designated department staff by acting as the primary Finance liaison for designated departments.
  • Understand the financial impacts of changing legislation on operations and make recommendations for improvements.
  • Assist assigned departments with the development of operating and capital budgets with the lens of incorporating corporate financial policies and strategies like reserve usage and accounting structures.
  • Assist assigned departments with the development and preparation of all budget related documentation and financial presentations as required.
  • Assist assigned departments with the preparation of multiyear forecasts linking to the Strategic Plan and departmental Business Plans.
  • Review the financial performance of assigned departments including operating variance analysis, capital spending review, and quarterly financial reporting.
  • Prepares journal entries and yearend closing entries as required to address assigned departmental accounting needs.
  • Coordinates submission of various legislated annual reporting including monies held in Trust.
  • Assist assigned departments with user fee and revenue analysis / forecasting models, capital funding including growth revenues, grants, reserves and reserve funds.
  • Assist maintaining fiscal policies and procedures.
  • Coordinates RMS maintenance and implementation, including uploads to GP and integration with other financial software.
  • Reconciles specific deposit activity to bank activity on a monthly basis.
  • Reconciles and submits required annual BAO reporting and remittances.
  • Performs other duties as assigned
  • Adheres to all policies and procedures for the Town.
  • Aware of safe work practices relating to job responsibilities and have basic understanding of the Occupational Health & Safety Act as it relates to the work environment.
  • Attend assigned departmental management meetings to understand emerging financial needs and be the department's financial advisor.
  • Understand departmental financial business needs and recommend ongoing improvements including financial systems, revenue collection processes and financial policies, in collaboration with other members of the Finance team as required.
  • Participate and act as the Finance liaison on development related departmental projects and studies like Master Plans, project business cases and/or costing, assessing financial impacts of legislative changes, supporting financial policy development and other similar initiatives.
  • Assist with financial implications on Council reports prior to Director preview to ensure completeness of information in accordance with approved standards, and ensure Finance is aware of nonroutine financial implications.
  • Implement efficiencies in processes through documenting processes and leveraging technology.
  • Participate in departmental team meetings and stay current on emerging Finance department projects and changes as they impact departmental operations.
  • Performs other duties as assigned
  • Adheres to all policies and procedures for the Town.
  • Aware of safe work practices relating to job responsibilities and have basic understanding of the Occupational Health & Safety Act as it relates to the work environment

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