Budget & Operations Analyst
City of Toronto
full-time
Posted on:
Location Type: Office
Location: Toronto • 🇨🇦 Canada
Visit company websiteSalary
💰 CA$87,800 - CA$116,745 per year
Job Level
Mid-LevelSenior
About the role
- Supports Finance and Treasury Services and City Manager Services by analyzing, coordinating, preparing, reviewing, implementing, and monitoring the operating and capital budgets, variance reports, revenues, expenditures, and special projects.
- Develops and implements detailed plans and recommends policies/procedures regarding program-specific requirements.
- Conducts research into assigned areas, ensuring that such research takes into account developments within the field, corporate policies and practices, legislation, and initiatives by other levels of government.
- Ensures that project expenditures are controlled and maintained within approved budget limitations.
- Prepares and analyzes the divisional budget, including monitoring of program expenditures, staffing, and revenues.
- Analyzes budget submissions for conformance to corporate policy and rules, performs comparisons with prior years, and identifies issues.
- Prepares and presents the capital and operating budget to senior management and/or various committees, as required.
- Undertakes detailed analysis and recommends corrective actions related to operating and capital variance reporting, budgeting, and financial control.
- Provides advice to divisional staff on financial, budgetary, purchasing/invoice payment, and administrative guidance to support the delivery of services by the Division, including related analysis and issue resolution.
- Monitors in-year operating and capital budget adjustments and position adjustments.
- Reviews financial documents to determine the correctness and validity of accounting information.
- Provides support to operating managers and directors by monitoring key performance and financial indicators.
- Monitors purchasing and accounts payable matters, certifies availability of funds for purchase requests, and takes action to resolve outstanding issues.
- Coordinates divisional contract management, including monitoring expenditures, expiry dates, taking action to amend/renew contracts, and reviewing and releasing Contract Release Orders.
- Develops financial and management reports for review by senior management.
- Develops and maintains financial and statistical databases.
- Conducts special studies and analyses of programs, estimates, expenditures, and revenue.
- Prepares reports, briefing notes, and presentation material for staff on financial and administrative matters, and attends meetings as required.
- Provides support, including training, to divisional staff on financial procedures and recommends improvements as required.
- Participates on special corporate project teams as an administrative/financial resource.
- Prepares special analyses and costing information as required by senior management.
- Administers the divisional Purchasing Card program.
- Represents the Division at purchasing-related meetings, as required.
Requirements
- Post-secondary education in a discipline relevant to the job function (e.g., Bachelor of Commerce with a major in Accounting)
- Enrollment in or completion of the CPA Professional Education Program or holding a Canadian Chartered Professional Accountants designation with CPA Ontario or another CPA provincial body (e.g., CPA, CA, CMA, or CGA)
- Considerable experience with accounting and financial analysis, including identifying trends and making recommendations based on findings.
- Considerable experience with financial information systems, with a focus on SAP platforms (Business Warehouse, S/4HANA, Ariba, ECC, etc.) to capture and manipulate data.
- Considerable experience with Microsoft 365 tools (Word, Excel, PowerPoint, Teams) for reporting, presentations, and collaboration; experienced with SharePoint for database management and online storage.
- Ability to work independently in a demanding, fast-paced, constantly changing environment.
- Effective decision-making, conflict resolution, and problem-solving skills, demonstrating innovation with a results-oriented approach.
- Knowledge of financial and internal controls.
- Excellent organizational and multi-tasking skills, with the ability to juggle multiple priorities with competing timelines.
Benefits
- Health insurance
- Disability-related accommodation during the application process available upon request
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial analysisbudgetingvariance reportingfinancial controlaccountingtrend identificationcosting analysiscontract managementdata manipulationstatistical analysis
Soft skills
decision-makingconflict resolutionproblem-solvingorganizational skillsmulti-taskingindependenceinnovationresults-oriented approach
Certifications
Bachelor of CommerceCPACACMACGA