Financial Analyst

at  City of Edmonton

Job Number: 50879
As the Financial Analyst in the Business Integration Section of Parks and Roads Service you will lead the monthly, quarterly, and annual budget and variance analysis including identifying and proactively connecting key drivers and leading analysis and preparing presentations for various business cases. This position will require a strong ability to conduct research, analyze complex information from your business area, and present the information in a clear and succinct manner. Your success will be measured by your ability to achieve timely results in the context of a respectful, inclusive, and service-minded style.

SKILLS REQUIRED FOR SUCCESS:

• Experience with large ERP systems, ideally with SAP
• In-depth knowledge of SAP financial and Control module including Plant Maintenance module
• Ability to understand and relate financial concepts, systems, and processes to a large complex organization Interpret and analyze complex errors to ensure problem resolution
• Strong attention to detail and organization skills, in-depth understanding of budgeting, forecasting, cost allocation methodologies, and project accounting/ reporting related to SAP
• Strong working knowledge of accounting principles (PSAB, IFRS, GAAP)
• Significant knowledge of software applications including COBS or equivalent, SAP, Microsoft Office, and Google Applications including Excel/Google Sheets, Powerpoint/Google Slides
• High level of analytical and conceptual skills to identify and resolve complex financial problems
• Ability to maintain sustained attention to detail in checking and recording financial transactions
• Strong problem-solving and communication (verbal, written, and presentation) skills
• Alignment to our Cultural Commitments and Leadership Competencies (https://bit.ly/4brRrXm)
• Embracing a culture of equity, diversity, reconciliation, and inclusion

Qualifications:

• University Degree in Finance, Economics, Business, Accounting, or a related discipline
• Minimum 3 years experience in financial analysis, budgeting, job costing, process improvement, financial reporting, benchmarking, and preparing presentations for leadership
• Strong SAP skills with experience in Plant Maintenance and WBS reportin

• Support the branch sections in planning for their annual work plan, reporting and analysis of their budget vs actual spending, financial modeling, and analysis
• Job costing analysis to support the creation of the annual workplan for the respective program areas
• Work with the business area to identify areas of concern and incorporate solutions that involve the development of new procedures and processes
• Perform ad hoc analysis and forecasts for the management team
• Conduct audits, analytics, research, and prepare reports including recommendations for management
• Develop and run various scenarios and sensitivity analysis and interpret financial and business impact
• Document all the assumptions, data, and findings thoroughly
• Monitor, develop, and maintain KPls as required for the various business units
• Conduct competitive and landscape analysis in support of key business metrics and objectives
• Monitor and maintain financial data including cost and revenue relationships associated with the introduction or changes to products and services and capital asset accruals
• Develop complex financial models to support management decision-making related to the profitability of new opportunities, capital investments, revenue models and profit margin analysis Lead the process and reviews on cash flow projections that include operating, strategic, and capital budget reporting and planning
• Work closely with other departments within the City to ensure that strategic initiatives are achieved
• Perform additional duties as required

Qualifications:

• University Degree in Finance, Economics, Business, Accounting, or a related discipline
• Minimum 3 years experience in financial analysis, budgeting, job costing, process improvement, financial reporting, benchmarking, and preparing presentations for leadership
• Strong SAP skills with experience in Plant Maintenance and WBS reporting