Senior Financial Analyst

Job Number: J1024-0131
Posting Date: October 24, 2024
Closing Date: November 8, 2024
Job Title: Senior Financial Analyst
Branch/Department: Toronto Reference Library
Division: Finance
Employment Type: Temporary Full Time
Status: Full-Time
Hours per week: 35
# of Open Positions: 1

Status: Exempt, Temporary Full-Time (With an expected end date of December 31, 2025)

Under the general supervision of the Senior Manager, Budget & Financial reporting, the incumbent of this position will work as part of a team to:

Duties:

• Prepare annual budgets, including completing business cases, financial analysis and justifications, meeting strict deadlines and liaising with City Finance Staff;
• Prepare monthly variance reports to monitor actual spending against budgets including variance analysis and commentary;
• Prepare financial forecasts and projections and make recommendations in corrective actions, if required;
• Prepare budget reports, financial reports and ad hoc financial reports as required by the City, Library Board or Senior Management;
• Design and produce tailor made reports to assist management on budgetary control or financial planning on specific areas/projects;
• Identify, perform and supervise analysis and research, and provide strategic advice on financial, fiscal, economic, management and governance issues for use by Senior Management;
• Review reports and research produced by others to determine potential impact on the Library and prepares appropriate responses;
• Identify improvements in financial management and internal controls;
• Participate on project teams and a financial resource in either a leadership or membership capacity; and
• Conduct special operational research and analysis on corporate programs and business processes as assigned.

Qualifications:

• Post-secondary education in Business Administration or Accounting combined with a minimum 5 years of progressive financial experience, or an equivalent combination of education and experience.  Possession of a CPA designation and experience in a municipal environment would be assets.
• Excellent knowledge of accounting policies, practices and internal controls
• Knowledge of generally accepted accounting principles, including standards issued by the Public Sector Accounting Board
• Thorough knowledge of federal and provincial laws and regulations in terms of charitable organization operation, taxation, debenture financing, government grant reporting, etc.
• Thorough knowledge and experience in operating and capital budget preparations, analysis, monitoring and reporting
• Ability to analyze and monitor operating and capital funds from initial budget submission and development to year-end close out
• Knowledge and understanding of business cases and business case analysis
• Excellent knowledge of variance analysis and investigation
• Knowledge of project monitoring practices associated with capital projects
• Demonstrated ability to conduct detailed or non-structured research or analysis
• Demonstrated ability to establish effective working relationships with employees, client departments, outside agencies including other levels of government at the senior management and/or political level
• Highly developed report writing, presentation, communication, and interpersonal skills with the ability to convey financial issues in a clear and concise manner
• Superior analytical and interpersonal skills
• Advanced knowledge of Microsoft Office Suite of products and Great Plains software

Salary: Level 7.0 - $102,155- $135,815 (2024 Rates)

Upon request, accommodation will be provided through all stages of the recruitment and selection process.  
If you are invited to participate in the assessment process and require accommodations for the assessment, we ask that you provide your accommodation request as soon as reasonably possible.
TPL invites applications from all qualified individuals. The Library is committed to equal opportunity, diversity in the workplace, equity and reconciliation, and welcomes applications from Indigenous people, Black and racialized groups, people with disabilities, 2SLGBTQ+ people and women.