City of Toronto

Senior Financial and Business Operations Analyst

City of Toronto

full-time

Posted on:

Location Type: Office

Location: Toronto • 🇨🇦 Canada

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Salary

💰 CA$113,683 - CA$155,216 per year

Job Level

Senior

About the role

  • Reporting to the Manager, Strategic Financial Planning or Program Manager, Capital Budget & Finance, for the Parks & Recreation Division, the Senior Financial & Business Operations Analyst will provide financial and complement planning and management, budgeting, and control services to the Division, senior management, Committee and Council.
  • Leads the coordination, development and execution of the Division's operating and capital budget planning process, including preparing detailed budget submissions, drafting motions and briefing materials, and ensuring alignment with Council priorities and corporate financial strategies.
  • Oversees the preparation of divisional Budget Notes, ensuring accuracy, clarity, and consistency with service plans, funding strategies, and financial policies.
  • Manages in-year operating and capital budget monitoring and reporting processes, including variance analysis, forecasting, and reconciliation, to ensure fiscal accountability, timely project delivery, and adherence to financial controls, Council approvals, and the operating and capital budget manuals.
  • Incorporates lifecycle costing principles and asset management strategies into capital planning to ensure long-term sustainability of infrastructure investments, in accordance with the Capital Budget Manual.
  • Evaluates and recommends debt and reserve funding strategies that support capital affordability, optimize financing sources such as Development Charges and Green Bonds, and ensure compliance with corporate debt guidelines.
  • Supports the modernization of financial planning and reporting systems, including enhancements to SAP, PBF, CAPTOR, and related tools, to improve operating and capital budgeting accuracy, transparency, and integration with service planning and performance outcomes.
  • Implements detailed plans and recommends policies/procedures regarding program specific requirements.
  • Conducts research into assigned areas ensuring that such research considers developments within the field, corporate policies and practices, legislation and initiatives by other levels of government.
  • Provides input into and administers assigned budget, ensuring that expenditures are controlled and maintained within approved budget limitations.

Requirements

  • Post-secondary education in a discipline pertinent to the job or an equivalent combination of education and experience.
  • CPA designation an asset.
  • Extensive experience in the development of operating and capital budgets within a large private or public sector organization including complement planning and management.
  • Considerable experience in leading business process reviews and project management, with a track record demonstrating innovation.
  • Considerable experience in motivating, leading, providing direction to, and supervising management and unionized support staff in a public service environment.
  • Knowledge of computer-based accounting and budget systems, techniques and practices, including Business Intelligence (BI) tools, and various computer applications including MS Office Suite, PBF, SAP, CAPTOR (Capital Planning and Budget Application), PBF (Public Budget Formulation) would be assets.
  • In-depth knowledge of enterprise-wide financial systems, policies and business processes for capital and operating budgets.
  • Thorough knowledge of the principles and practices employed in effective application of financial analysis, planning, reporting and compliance.
  • Highly developed interpersonal, communication, analytical, conflict resolution and problem-solving skills, with the ability to establish effective working relationships with employees, senior management and staff at all levels of client divisions, and outside agencies.
  • Ability to exercise sound and independent judgement and discretion in handling matters of confidential, proprietary or sensitive nature as they relate to Council and other senior staff, public and employee relations.
  • Political acumen including the ability to negotiate and achieve consensus among parties having different objectives.
  • Knowledge of applicable legislation and City policies and procedures and support of the Toronto Public Service values to ensure a culture that champions equity, diversity and respectful workplaces.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
financial planningbudgetingvariance analysisforecastingreconciliationlifecycle costingasset managementfinancial analysiscomplianceproject management
Soft skills
leadershipcommunicationanalytical skillsconflict resolutionproblem-solvinginterpersonal skillsjudgmentdiscretionpolitical acumennegotiation
Certifications
CPA designation