Financial Analyst Team Lead - Edmonton, Canada - City of Edmonton

City of Edmonton

Verified Company

Edmonton, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Financial Analyst Team Lead

Job Number : 45277

The Integrated Infrastructure Services (IIS) department is responsible for delivering quality infrastructure for the City of Edmonton.

The Business Planning and Support branch provides support to this department of over 500 employees in processing $1.2 billion annually in projects.

As our Financial Analyst Team Lead you will ensure financial transactions are processed appropriately and projects are set-up accurately.

To be successful in this role you must be knowledgeable in financial transactions, project cost structures, financial controls, commitment/procurement process and project management principles.

You are able to liaise with various stakeholders and branches to resolve payment or commitment issues.

It is second nature for you to manage staff workloads and allocate team resources based on business priorities.

You will ensure your team of up to 7 staff are following established policies and procedures, enforce financial integrity and control, develop staff members and build an effective service-based team.

With a focus on the City of Edmonton's Cultural Commitments of Safe, Helpful, Accountable, Integrated and Excellent you will:

Leadership

Lead and manage internal resources by providing timely decisions, direction, advice and support to team
Develop improvement opportunities and solutions, resolve concerns and ensure quality control, assurance and oversight support
Ensure resourcing is allocated appropriately for consistent service levels across sections/branches
Provide staff direction on priorities in the context of the Section, Branch and Department
Mentor and coach the staff in a way that fosters a culture of growth, development and engagement
Develop and establish performance objectives, and participate in conducting performance reviews
Participate in hiring process including developing recruitment strategies to ensure a stable workforce
Develop training strategies and work procedures

Manage Business Services

Review all new project setup requests and facilitate discussion as required to determine appropriate structure to ensure proper financial accountability and reporting
Provide coverage and support to ensure payments can be processed in a timely fashion
Implement and ensure compliance and consistency in financial processing procedures and standards for both the team and the branches
Establish financial controls and mechanisms to audit and monitor compliance
Maintenance, interpretation and management of operationally diverse and technically varied financial programs (ie. SAP, COBS, PMIS, etc). This may require indepth investigation and understanding of systems/projects, analytical research and initiation of corrective action
Prepare a variety of management level reports using an ERP system and compiled data to report on both processlevel and individual performance metrics
Advise on how to setup a commitment to best ensure good project management, auditability and financial reporting

Issue Resolution, Training, Policy and Procedural Development

Investigate, audit and resolve issues pertaining to purchase orders or payment discrepancies, SAP, project financials or time entry
Coach, train or advise project managers regarding SAP, time entry and their project/contract financials
Analyze financial transaction data and/or processes and provide recommendations or interpretations for management decision making
Lead, change and maintain procedures, policies and processes and related analytics to support the strategic direction
Research best practices and provide recommendations for improvements in financial reporting
Document, create and maintain procedures and activities
Identify areas of inefficiencies, concern or common errors and develop potential solution

Qualifications:

University degree in accounting, finance or related financial discipline degree
3 years of progressively responsible accounting/financial experience including project management experience
1 year of supervisory experience in a similar organization
Proficiency, expertise and demonstrated knowledge of SAP transactions, reporting and cross platform account structures (Project Systems, Procurement Module, Financial Module, Time Reporting)
Basic knowledge of COBS (Capital Operating Budget System using Questica)
Considerable knowledge of generally accepted accounting principles, requirements and practices
Knowledge of cash, capital and operating budgets, and project management
Demonstrated knowledge of financial controls is required Analytical, research and problem solving skills to resolve operational or business issues and to incorporate process improvements
Strong leadership and supervisory skills, and the proven ability to manage staff
Effective time management and resource allocation
Strong communication skills in dealing with management, financial professionals, internal customers and supplier