FINANCIAL SYSTEMS ANALYST

at  City of Toronto

Job ID: 42308
Job Category: Finance, Accounting & Purchasing
Division & Section: Toronto Shelter & Support Services, Program Support Finance & Administration
Work Location: Metro Hall, 55 John Street
Job Type & Duration: Full-Time, 2 Temporary (12 months) vacancy
Salary: $78,429 - $102,021 annually
Shift Information: Monday to Friday, 35 hours per week
Affiliation: Non-Union
Number of Positions Open: 2
Posting Period: 21-Aug-2024 to 05-Sep- 2024

• Implements detailed plans and recommends policies/procedures regarding program specific requirements.
• Conducts research into assigned areas ensuring that such research takes into account developments within the field, corporate policies and practices, funding agreements, program guidelines, legislation and initiatives by other levels of government.
• Provides input into and administers assigned budget, ensuring that expenditures are controlled and maintained within approved budget limitations, and that revenues are properly recognized as per agreements/accounting policy.
• Prepares capital and operating budget templates, and coordinates, guides, and supports program staff to complete accurate budget templates as per the budget guidelines.
• Updates entries in PBF/CAPTOR/SAP systems and ensures accuracy and completeness of budget for assigned portfolio.
• Assists with the preparation and presentation of quarterly and year-end variance reports, analysis, and explanations.
• Provides detailed analysis accompanied by required documents and worksheets to the internal/external auditors to address concerns with funding/expenditure items.
• Establishes and maintains partnerships with program, financial planning, and corporate accounting teams.
• Performs the year-end analysis of expenditures and accrual process.
• Performs historical cost analysis and contributes to the preparation of reports/presentations for management/external reporting.
• Generates costing models for various programs/locations to assist with cost-benefit analysis, such as per-diem & bed night cost analysis.
• Participates in financial control system reviews to ensure the integrity of program payments and revenue streams.
• Ensures payment processing within established timelines including review of reconciliation for Grants/Subsidy payments and provides recommendations on variance analysis.
• Assists in the preparation of divisional Tangible Capital Asset, Asset Retirement Obligations information for corporate reporting according to accounting policies, and corporate policies and guidelines.
• Ensures financial and operating obligations are being met including budget updating/corrections and reconciliation, reporting information and transfer payments, as applicable.
• Monitors key performance and financial indicators.
• Reviews, reconciles, and updates complement budget in Public Budget Formulation (PBF) and SuccessFactors (SF) and recommends corrective action if any.
• Performs ad hoc analysis, participates in special projects, meetings, planning workshops, and initiatives as needed.
• Coordinates with team members/divisional staff and inter-divisional staff to prepare and consolidate analysis/information on media queries, Financial Planning Division’s queries, corporate reports, budget notes, budget presentations, etc.
• Provides support to Supervisor/Manager by ensuring short- and long-term financial and operating objectives are being met, and the Division’s cost-sharing relationship with various level of government is safeguarded