Financial Analyst – Full Time 2 Year Term

Financial Analyst
Finance Department
Full time/ 2-Year Term
Internal/External
Comp # CorS-21-44
$33.86-$41.64 Hourly

https://www.wetaskiwin.ca/jobs.aspx

The City of Wetaskiwin is looking for an analytical and detail-oriented individual that has working knowledge of municipal accounting and the MGA to join our team. This full time 2-year term position offers sick day coverage, and partial benefits!

Under the supervision of the Manager of Finance, this position is responsible for providing a comprehensive range of financial services including operating and capital budget preparation and support, long term planning, financial reporting, annual audit assistance, and workflow efficiencies.

Key Responsibilities Include:

Responsibilities:

Budget Administration (30%)

Develop the municipal Operating and Capital Budgets and Long-Term Capital Plan.

Analyze departmental budgets and initiatives to ensure accuracy, consistency, and reasonability.

Ensure that the financial impacts of all new initiatives are recognized in advance of budget approval and the appropriate budget amounts are accurately reflected in the budget.

Monitor changes in the organization via Council Minutes and Staff Announcements and making budget adjustments accordingly.

Determine Operating Budget impacts of new Capital Projects.

Review consolidated budget documentation/business cases.

Develop and recommend the funding allocation of the Capital Budget and Long-Term Capital Plan.

Analyze prior year variance reports to determine required budget adjustments.

Analyze historical revenue and expense trends and make recommendations from a budget or Council priority perspective.

Be a functional expert in the Questica Budget software and Great Plains software.

Financial Reporting & Analysis (50%)

Ensure the strategic goals of Council, Senior Leadership and the Department are met through effective financial and policy planning, monitoring, reporting and the provision of timely and accurate financial advice and analysis.

Create and maintain partnerships with all departments throughout the City to assist them with all their financial requirements.

Prepare and review account reconciliations, project accounting and performance reporting for departments.

Complete capital reporting, grant reporting, revenue recognition and funding for projects.

Assist with calculating the funding gap for the operating and capital plans.

Prepare and review month end and year end entries.

Ensure the project sub-ledger is reconciled to the general ledger.

Prepare and review the capital components of the financial statements and financial information return.

Ensure accurate project set up and maintenance that aligns with the budget, off-site levy model and funding sources.

Ensure all capital projects are accurately carried forward on an annual basis.

Ensure the developer contributed assets are recorded correctly.

Maintain all capital reserves.
- Develop business plans and financial models.
- Assist with the analysis of business cases and provide recommendations based on sound financial practices and procedures.
- Research technology to improve business and operational processes.
- Be a functional expert on the Microsoft Dynamics project costing module.

Annual Audit and Financial Statements (15%)

Assist in the annual audit process.

Review and prepare where necessary year end working papers

Assist with preparation of draft financial statements and notes to the City’s financial statements in accordance with Generally Accepted Accounting Principles and the guidelines of the Public Sector Accounting Board.

Other (5%)

Promote an environment that encourages health and safety by adhering to the applicable responsibilities and accountabilities as outlined in the City’s Health and Safety Management program.

Support business financial analysis requests as required.

Participate in system enhancement, excel modelling and process improvement projects.

Identify areas for continuous improvement.

Complete special projects as requested.

Perform other related duties as required by the Manager, Financial Services.

Requirements:

Education and Work Experience

Undergraduate degree with a concentration in accounting, finance or public administration or an Accounting Diploma from a recognized institute of technology or college. A Chartered Professional Accountant (CPA) designation or Advanced Accounting Certificate is considered an asset.

7 years of relevant accounting and supervisory experience, with at least 3 years in a municipal government setting.

Experience in the areas of GAPP, the MGA, treasury, reporting and budgeting, planning, business modeling and forecasting processes and techniques.

Strong technical skills to evaluate, investigate and interpret information related to budgets, plans and forecasts. Equivalent combinations of education and experience may be considered.

Knowledge Skills and Abilities

Have a thorough understanding of Public Sector Accounting Standards, professional accounting practices and related Federal and Provincial legislation.

Establish and maintain effective, tactful, service-oriented relationships.

Exceptional time management, strong organizational skills, solid analytical competencies, with strong attention to detail.

Perform complex fiscal analysis and research methods regarding policy issues.

Advanced skills in all Microsoft Office programs as well as accounting and budgeting software. Must be adept in learning financial software.

Listen, analyze information, and communicate the City’s position.

Take initiative, work in a team environment, be resourceful, meet deadlines.

COVID-19 Requirement

Successful candidates will need to be double vaccinated or provide a negative rapid COVID19 test result. The City is providing testing kits at this time, however this is based on supply. If testing kits cannot be procured as long as required, employee’s will be responsible to get rapid tested on their own time and at their own expense.

The City of Wetaskiwin is an equal opportunity employer. We celebrate diversity and encourage applications from all qualified individuals.

The personal information submitted pursuant to this advertisement will be utilized for this Employment Opportunity only and is subject to compliance with the Freedom of Information and Protection of Privacy Act. Applicants are thanked in advance for their interest, however, only those selected for an interview will be contacted.

Additional Job Information:

Salary Range: $33.86-$41.64 Hourly
Posted Date: Nov 02, 2021
Closing Date: Nov 10, 2021
Job ID: CorS-21-44