Financial Analyst I

City of Vancouver


 

Financial Analyst I

Requisition ID: 12080

Company
The City of Vancouver is striving to become the greenest city in the world, and a city powered entirely by renewable energy before 2050. We are proud to be one of BC's Top Employers, Canada's Best Diversity Employers, and one of Canada's Greenest Employers. With employees that have helped Vancouver consistently rank as one of the world's most livable cities, the City values a diverse workforce which represents the vibrant community we so proudly serve.

Consider joining our committed team of staff and being part of an innovative, inclusive and rewarding workplace.

Main Purpose and Function
Influences strategic business decisions by providing strategic financial recommendations to General Managers, Senior Directors, and the City Manager of a number of Business Unit within the City of Vancouver. Manages key performance indicators, value-for-money metrics, long-term financial planning, operating and capital budget process, forecasting and management reporting. Facilitates the implementation of a City-wide finance organization that executes best practices by enabling senior leaders to deliver strategies that clearly and consistently demonstrate value for money.

Key Contacts and Reporting Relationships
  • Reporting to the Manager within the FP&A department
  • Partners with General Managers, Senior Directors, and the City Manager
  • A key member of the departmental Senior Management Team and the FP&A organization
  • Key contacts include:
    • Internal: General Managers, Senior Directors, the City Manager, and City Clerks, peers across the Finance organization and subject matter experts across departments and boards
    • External: Peers in other municipalities, governments, external agencies and businesses

Specific Duties/Responsibilities
Financial and Budget Analysis (60%)
  • Provides strategic input on the financial performance of multiple Business Unit(s) and links strategies and City priorities to financial planning and forecasting
  • Manages, provides input and presents service plans, key performance indicators, and value-for-money metrics
  • Influences high profile and high impact business decisions on key corporate and Council initiatives, determines long-term financial implications and formulates financial strategies
  • Makes recommendations on priority corporate and Council initiatives based on financial analytics and application of corporate policies
  • Develops and manages the department's long-term financial model incorporating financial implications from corporate business plans, Council initiatives, regional governments and external agencies
  • Leads and makes recommendations on the financial implications of internal audits, risk management, freedom of information requests, and insurance requirements

Strategic Decision-Making Support / Advisory (20%)
  • Provides financial decision-making on special projects affecting the City of Vancouver
  • Interprets budget directives and establishes policies for carrying out directives
  • Provides creative insights and advise on regulatory, tax, and financial planning decisions
  • Analyzes processes, practices and procedures of similar Business Unit(s), identifies best practices, and develops benchmark standards to be applied in the department
  • Conducts scenario analysis taking into consideration macroeconomic and City-specific factors

Business Processes (10%)
  • Develops options to budget policies and systems and evaluates impact of changes Works closely with stakeholders when systems are being developed or changes are being implemented
  • Participates in Finance transformation projects by ensuring coordination and alignment with other finance functions
  • Adheres to all departmental processes and corporate policies
  • Performs other duties/responsibilities as assigned

Budget Monitoring (10%)
  • Oversees the budget preparation and submission by checking for accuracy and completeness, reporting problems to the department heads and recommending solutions

Minimum Position Requirements
Education and Experience
  • Bachelor’s Degree in Business Administration, Finance or related discipline
  • Professional Accounting Designation or MBA
  • Minimum 4 – 5 years of experience in budgeting, forecasting, reporting, and accounting
  • Extensive financial systems experience preferably with integrated Enterprise Resource Planning (ERP) and Business Intelligence (BI) reporting environments
  • Working knowledge of generally accepted accounting principles as they relate to local government including Public Sector Accounting Board (PSAB)
  • Extensive experience delivering strategic, transformational and general process improvements including all aspects of project delivery from identification to implementation and handoff
  • Considerable Large scale project management experience
  • Considerable Experience with presentations to senior management
  • Considerable Formal reporting writing experience

Knowledge, skills and abilities
  • Extensive knowledge of finance and business concepts
  • Extensive business acumen and capability to link finance to the business
  • Extensive financial modelling skills
  • Extensive verbal and written communication skills
  • Considerable ability to work independently and as a member of a team
  • Considerable ability to represent and serve the city at all levels as well as interact with customer and clients outside the organization
  • Extensive organizational and project management skills with ability to manage multiple tasks with competing priorities
  • Extensive research and analytical skills
  • Extensive problem-solving and issue resolution skills in a complex business environment
  • Considerable ability to maintain professionalism, objectivity, confidentiality, tact and diplomacy

Business Unit/Department: Finance, Risk & Business Plan (1150)
Affiliation: Exempt
Employment Type: Regular Full Time
Position Start Date: November 2018

Application Close: October 23, 2018

We thank all applicants for their interest. However, only those selected for an interview will be contacted. Learn more about our commitment to diversity and inclusion.

Apply here

Organization: City of Vancouver
Location: Vancouver, BC
Region: Lower Mainland
Professional Category(s): Financial Administration
Posted: October 11, 2018, 8:54 am
Expires: October 23, 2018, 11:59 pm

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