Financial Analyst I

at  The City of Vancouver

QUALIFICATIONS

Education and Experience:

• The position requires a Bachelor’s Degree or equivalent from an accredited university with major course work in commerce, accounting, finance, economics or business administration and designation or eligibility as a Professional Accountant
• Five years of increasingly responsible professional experience in accounting, finance, budgeting and making financial analysis including some experience of lead and supervisory responsibility
• Also, the person performing this position requires experience in negotiating and mediating problems that arise because of misinterpretation and misapplication of the above mentioned Agreements or experience with investigating and correcting problems that arise due to errors or discrepancies in data reporting

Knowledge, Skills and Abilities:

• Basic knowledge of the principals, practices and methods of advanced accounting, budgeting, budget development, administration and auditing. Good knowledge of the municipal financial reporting standards and regulations and public relations techniques and procedures. Familiarity with Solid Waste Division programs and services an excellent understanding of the Tri-partite Agreement and good knowledge of laws and regulations governing the financial operations of the Solid Waste Division
• Good knowledge of data entry, database access, word processing, spreadsheet development, basic statistics, computerized financial reporting system and other computer applications (MS Word, Excel, SAP and Geoware) for the purpose of budget preparation, research and forecasting
• Strong interpersonal skills, written and oral communication skills, clear and accurate report writing, proven financial analytical abilities to research, compile and summarize varied information, excellent business skills, strong organizational skills in order to prioritize work and meet critical deadlines, demonstrated ability to take initiative, to make sound independent judgments within established policies and regulations, to deal with all stakeholders in a customer focused manner and to coach and motivate permanently the technical staff through development and training
• The person performing this position must maintain open communication with staff from other departments, property owners and other agencies, solving the problems and dealing with issues in a timely manner as they arise

Where operationally appropriate and subject to change, the City of Vancouver has a Flexible Work Program. This program allows staff to work remotely 1 – 4 days a week from locations that are a daily commutable distance from their work at a City worksite. At this time this position is eligible to be part of the Flexible Work Program.
Business Unit/Department: Finance, Risk & Supply Chain Management (1150)
Affiliation: Exempt
Employment Type: Regular Full Time
Position Start Date: October 2024
Salary Information: Pay Grade RNG-080: $97,032 to $121,294 per year

MAIN PURPOSE AND FUNCTION

Reporting to the Manager of Engineering FP&A for Utilities, the Financial Analyst position is responsible for providing financial analysis for the City’s Utility Division, coordinating and calculating the Annual Utility fees, overseeing the budgeting for the Utility Division and administering the financial aspects of the Agreements between the City of Vancouver and other local municipalities.

SPECIFIC DUTIES AND RESPONSIBILITIES

• Responsible for providing financial analysis for the City’s Utility Divisions related to the following targets:
• Prepares and oversees the budgets submissions from the Associate Directors by assisting and checking for accuracy and completeness and by regularly monitoring the budget expenditures, reporting problems to the Division Manager and working out possible solutions. Also, use automated and statistical software packages to analyze financial data, present trends, cost estimates and develop forecasts for budget recommendations
• Co-ordinates and calculates the utility fees billed to property owners, ensuring that they are reported and distributed accurately, investigating anomalies and taking corrective actions, and monitors impacts to utility reserves, evaluating various financial and operational scenarios and alternatives along the way
• Conducts research and analysis into cost component structures. This includes reporting on the implementation of financial aspects of the By-Laws as it relates to the Utilities and agreements in which the City of Vancouver is involved and advising the senior management on the financial impacts to the City during the renegotiation of the agreements
• Liaises with other departments and provide co-ordination on issues involving internal audits, risk management and insurance requirements for the utility division
• Assists the Engineer with the review of business processes and the development of strategic initiatives
• Other duties/responsibilities as assigned