Financial Analyst – Housing Services

Role Overview

• Review the financial activities and the administrative structure for social housing groups, community agencies and non-profits in the Region of Peel
• Prepare subsidy estimates and reconcile subsidy entitlements for service providers in accordance with relevant legislation and regulations, regional policies, and funding guidelines
• Review and analyze budget and year-end financial statements from service providers
• Review and analyze Annual Information Returns from service providers
• Attend providers’ site and perform operational reviews of providers’ financial controls and processes
• Analyze and make recommendations on providers’ financial action plans.
• Prepare information for annual budget submission and support the development of the Regional Human Services subsidy budget
• Reconcile monthly subsidy and prepare accruals
• Support the year end provincial audit process and other program reporting requirements
• Develop, implement, and maintain financial policies and procedures to ensure adequate internal controls exist within high volume expenditures
• Provide financial support and advice to participants in the Human Services program and staff members in the delivery of excellent customer service to clients
• Analyze and monitor financial performance of service providers, including identification of risk from insolvency or potential fraud
• Assess financial impact of changes in budget and program parameters
• Evaluate funding shortfalls or surpluses and explain causes
• Prepare and analyze subsidy forecasts
• Account reconciliation (analyze and raise issues with Supervisor/Senior Financial Analyst)
• Review and maintain a financial evaluating process to analyze new operators request for Service Agreements with the Region of Peel
• Assist in the development and implementation of a reporting process for assessing new service providers
• Support staff complement reporting function to Housing Services
• Perform routine and ad-hoc research and analysis.

Requirements

• A satisfactory Level 1 Criminal Record Check obtained directly from a police station (third-party background checks will not be accepted)
• A university degree in Business or Economics, a professional accounting designation or “finalist level” along with a minimum of 3 years experience in an automated financial environment or an equivalent combination of education and relevant experience may be considered
• Thorough knowledge of applicable legislation and regulations
• Advanced computer skills including Microsoft Word, Excel, Outlook, Lotus Notes
• Excellent verbal and written communication skills
• Strong organizational, planning, analytical and administrative skills
• Ability to work independently or as part of a team, and to deal well with changing tasks and priorities
• Demonstrate a commitment to diversity, equity, and inclusion through continuous development, modeling inclusive behaviors, and proactively managing bias.

Benefits

• Comprehensive Health, Dental, Vision benefit plan including psychological health
• Automatic enrolment into OMERS pension plan
• Accrue Vacation on a monthly basis starting at 3 weeks per annum
• 3 Paid personal days and floating holidays
• Flexible hours supporting your wellness and wellbeing
• Annual performance review and merit increases based on performance
• Supportive leadership and a culture of respect and inclusion
• Access to tuition reimbursement (where applicable) and learning and development resources