Budget & Operations Analyst

Role Overview

• Take part in this opportunity to contribute to the financial management of the City of Toronto's Technology Services Division.
• Reporting to the Senior Operating and Budget Analyst, you will be responsible for assisting with the coordination of, and reporting on the development of the annual operating budget.
• You will be compiling and analyzing divisional information to support the preparation, review, and implementation of budget and financial reports.
• You will also be responsible of ongoing report and budget monitoring, divisional performance targets, complement management and information technology strategies as well as responses to information requests.
• Develops and implements detailed plans and recommends policies/procedures regarding program specific requirements.
• Conducts research into assigned area 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 the 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 comparison with prior year and identifies issues.
• Provides technical advice and support to staff with problems/issues during the development of budget.
• Prepares and presents the capital and operating budget to senior management and/or various committees.
• Undertakes detailed analysis and recommends corrective action related to operating and capital variance reporting, budgeting and financial control.
• Provides financial, budgetary and administrative advice, guidance and analysis to support the delivery of services by the Division.
• Monitors in-year operating and capital budget adjustments and position adjustments.
• Reviews financial documents to determine correctness and validity of accounting information.
• Provides support to operating managers and directors by monitoring key performance and financial indicators.
• Develops financial and management reports for review by senior management.
• Develops and maintains financial and statistical databases.
• Conducts special studies and analysis of programs, estimates, expenditures and revenue.
• Prepares reports and briefing notes, presentation material for staff on financial and administrative matters.
• Provides directions, training and technical support to other financial staff.
• Participates on special corporate project teams as an administrative/financial resource.
• Prepares special analyses and costing information as required by senior management.

Requirements

• Post-secondary education in business, finance or other relevant discipline or the equivalent combination of education and experience.
• Considerable experience in budget formulation, financial analysis, planning, and controls as well as preparing complex financial reports, statements and statistics in major public or private sector organizations
• Experience with complement management and salary cost planning guidelines, processes and procedures including knowledge and experience with SuccessFactors, PBF systems and PEP projections
• A professional accounting designation or currently working towards a professional accounting designation is considered an asset.
• Ability to work in a highly demanding work environment with many competing priorities and deadlines
• Sound judgement with an ability to work independently on confidential and sensitive matters with minimum supervision
• Ability to develop, recommend and implement effective solutions relating to budget and financial issues.
• Highly developed interpersonal and stakeholder management skills, including both oral and written communication skills, with ability to interact and communicate effectively at all levels of the organization.