BUDGET & FINANCIAL ANALYST

• Job ID: 57542
• Job Category: Finance, Accounting & Purchasing
• Division & Section: Toronto Paramedic Services, PS Operational Support
• Work Location: 4330 Dufferin St, Toronto, M3H 5R9 
• Job Type & Duration: Full-time, Permanent vacancy
• Salary: $94,905.00 - $128,386.00, TM0571 and Wage Grade 6.5
• Shift Information: Monday to Friday, 35 hours per week
• Affiliation: Non-Union
• Number of Positions Open: 1
• Posting Period: 01-Aug-2025 to 15-Aug-2025 
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Major Responsibilities:

• Implements detailed plans and recommends policies regarding Toronto Paramedic Services 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.
• Coordinates the preparation, analysis, implementation and monitoring of the operating and capital budgets following corporate and divisional budgetary guidelines.
• Performs analysis and investigation of budget variances, including both high level and program level analysis of expenditures, revenues, and gapping performance; highlights to management relevant financial issues with strategic and operational impacts, and recommends options towards resolution of issues.
• Prepares business cases of new or enhanced programs/projects/initiatives by developing financial models and sensitivity scenarios with a clear understanding of program needs and resource constraints.
• Prepares and/or reviews the briefing notes and staff reports to the Council, Standing Committees, or Boards for any financial implications.
• Prepares specialized reports requested by Corporate Finance, City Council, commissions, provincial ministries which may entail development of analytical frameworks or specific financial methodologies or approaches.
• Provides continuing assistance (coaching, training) to various program managers in the effective management of their budgets.
• Develops and participates in the implementation of divisional budget and financial control systems, accounting and financial monitoring policies and procedures to ensure data integrity and effective cost centre management as well as identification of continuous improvement opportunities through ongoing operational reviews.
• Prepares provincial budgets, settlements and interim reports for various programs that are eligible for provincial funding, in compliance with guidelines.
• Monitors and establishes measures to ensure maximum use of provincial funding, minimize city expenditures, and ensure year-end expenditures do not exceed the approved budget as well as the maximum funding limits set by the province.
• Oversees divisional accounting, purchasing, petty cash, PCard, payables, receivables, signing authority management, internal control systems, to ensure consistency with generally accepted accounting principles.
• Reviews internal control procedures and performs audits as requested. Recommends modifications/enhancements to internal control systems. Acts as contact for external auditors reviewing provincially funded settlements.
• Coordinates year-end reporting requirements by performing analysis/reconciliation of financial transactions, oversees the preparation of adjusting journal entries to ensure consistency with approved budgets, and submission of required documentation to Corporate Finance within established timelines.
• Acts as a resource person to Division's management staff in budgeting, accounting, auditing, internal control and all other related financial matters.
• Provides direction, training and a coordination role to clerical staff in the Division, in budgeting, accounting and purchasing policies and procedures. Reviews work assignments of clerical staff to ensure that reports are comprehensive and accurate.
• Establishes effective professional relationships with divisional staff, Corporate Finance, contracted agencies, provincial counterparts, internal and external auditors, etc.
• Provides lead role in the maintenance of divisional organizational structure and required changes to financial system chart of accounts.
• Contributes to the development of enhanced or new financial planning systems, helps define divisional requirements and identify impacts on financial planning processes.
• Supervises indirectly the workforce on a day to day basis for technical matters (e.g. analytical frameworks, methodologies, output review, and training).
• Provides input to the Manager in the performance appraisal and workload planning concerning the workforce.

Key Qualifications 

1. Post-secondary education in financial management or a related discipline, combined with a professional accounting designation or an approved equivalent of education and experience, along with advanced knowledge of generally accepted accounting principles, techniques, and practices, and demonstrated professional-level experience in business planning, financial management, or a related field in a large public or private sector organization.
2. Considerable experience in budget control, forecasting and the preparation of financial reports and analysis, briefing notes and presentations explaining and supporting analysis and recommendations
3. Experience conducting financial trend analysis and proposing effective strategies.
4. Extensive experience using computerized office systems (e.g. Teams, MS 365, Excel, Word, PowerPoint, and Access).
5. Considerable experience extracting, organizing and analyzing large amounts of data from Excel, databases and financial management systems such as SAP for the purpose of transforming data into information for management decision-making.
6. Highly developed interpersonal skills, including both oral and written communication skills, with an ability to interact and communicate effectively at all levels of the organization.
7. Ability to effectively plan, organize, monitor and coordinate the budgetary process in a complex organization.
8. Ability to conduct research and analyze data.
9. Thorough knowledge of principles and practices employed in effective application of budget and financial analysis and planning techniques of major business and government operations.
10. Superior analytical, problem solving and conflict resolution skills.
11. Ability to exercise good judgement and to prioritize important issues from a fiscal and political/policy perspective.
12. Ability to manage multiple tasks under pressure, and produce results within tight timeframes.
13. Excellent interpersonal skills with the demonstrated ability to establish effective working relationships with staff, internal and external clients.
14. Ability to take initiative and work independently as well as work in a team environment managing multiple tasks under pressure, and to produce results within tight timeframes.
15. Understanding and application of the collective agreements.
16. Familiarity with government legislation in the area of Occupational Health and Safety.

Note To Current City of Toronto Employees 

City of Toronto employees are eligible to apply for the posted job opportunity, but cannot hold two different jobs. To be considered for this job posting, you must indicate that you are a "Current City of Toronto employee" on the on-line application form, and provide your "Employee Number".

Equity, Diversity and Inclusion

The City is an equal opportunity employer, dedicated to creating a workplace culture of inclusiveness that reflects the diverse residents that we serve. Learn more about the City’s commitment to employment equity.

Accommodation

The City of Toronto is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs. Disability-related accommodation during the application process is available upon request. Learn more about the City’s Hiring Policies and Accommodation Process.