Financial Analyst - Owen Sound, Canada - County of Grey

County of Grey
County of Grey
Verified Company
Owen Sound, Canada

3 weeks ago

Sophia Lee

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Sophia Lee

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Description

_Join us and help make a difference At Grey County we work together to deliver essential public services that meet the needs of our communities. Grey County isnt just a great place to live; its also a great place to work_

_We are proud to offer competitive wages and an attractive total compensation package. We support learning and continuous employee development, and champion career progression for our employees. We value work-life balance, so you can make the most of your career at Grey County, while making the most of your life in Grey County_

Purpose

The Financial Analyst is a senior position responsible for compiling, reviewing, analyzing, and reporting financial data for internal and external requirements.

This includes regular preparation, review and analysis of financial reports, assistance with preparation of year end working papers and financial statements as well as ad hoc analysis and report preparation to assist departments in making key business decisions.

Assist in the preparation, reconciliation, review and analysis of the annual operating and capital budgets.

Works collaboratively as a member of the Finance department and the Budgets and Accounting team and is also responsible for completing reconciliations, journal entries, budget transfers and other duties as required.


Responsibilities

Financial Reporting

  • Prepares, reviews, and analyzes monthly financial reports for assigned departments including variance analysis and adjusting journal entries as required
  • Develops and maintains financial reports, including spreadsheets and system generated reports from departmental and Corporate financial software, to provide financial information to assigned departments
  • Assists in providing timely and accurate financial information such as reports, statements, reconciliations, worksheets, and other documents as required to finance and to other staff throughout the corporation
  • Supports departments with the ongoing monitoring of actual financial results against budget, development of variance explanations and drafting of relevant department information for consolidated financial reporting to council
  • Maintains regular communication with staff and senior managers related to accounting and finance functions, status of projects and financial positions
  • Supports best practices in financial reporting by collaborating with departments and the greater finance team in the design and production of reports that provide complete, accurate, reliable, valid, and timely information about the corporations financial position
  • Oversees and coordinates financial procedures and transactions including month end, quarterly and year end accounting routines and reporting
  • Responsible for keeping the Director of Finance, Deputy Treasurer and the Manager of Accounting and Budgets informed of the financial positions of assigned departments
  • Enters project information for eligible Ministry projects, prepares financial claim forms for Provincial and Federal Ministries and liaisons with Ministries regarding financial claim forms and cashflow to ensure maximum funding entitlements are received and utilized effectively
  • Provides assistance with Tangible Capital Asset reporting including compilation of capital asset data and entry of data into software system
  • Prepares account reconciliations, yearend working papers and other information to assist with the preparation of year end audited financial statements and the Financial Information Return
  • Maintains the Countys Reserve Schedule including yearend forecast of reserve positions for use in long range financial planning
  • Supervises financial and accounting systems and assists with troubleshooting and problem solving of accounting software problems and oversees year end close procedure
  • Assists Finance Management Team with implementation of audit recommendations.
  • Prepares journal entries, yearend working papers and assists with managing interim and year end audit
  • May be assigned projects, tasks, and processes on an ad hoc basis in response to dynamic work environment

Financial Guidance/Advisory

  • With the support of the greater finance team; provides strategic analysis and financial advice to departments for special projects
  • Provides support and guidance to departments on the development of business plans, service level changes, justification/business case requirements for projects, and department reports for inclusion in the annual corporate business plan
  • Examines pending staff reports to council and/or committees with the objective of identifying issues of concern to finance at an early stage, allowing for corrective action where necessary
  • Provides proactive internal consulting services to departments on ongoing financial or budget related matters
  • Supports best practices in financial policies, processes, and strategies by collaborating with the greater finance team to provide corporate solutions for significant financial and b

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