FINANCIAL PLANNING ANALYST FIN

• Job ID: 46250
• Job Category: Finance, Accounting & Purchasing
• Division & Section: Financial Planning, Fin Plng Funds Mgmt & Analysis
• Work Location: City Hall, 100 Queen St W. Hybrid  
• Job Type & Duration: Full-time, Permanent Vacancy
• Salary: $93,734.00 - $123,449.00
• Shift Information: Monday to Friday, 35 hours per week
• Affiliation: Non-Union
• Number of Positions Open: 2
• Posting Period: 26-Apr-2024 to 10-May-2024
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The Financial Planning Division within the City of Toronto provides timely, objective advice and information to Council and management staff of City divisions, agencies, boards and commissions, to ensure both the financial integrity of the Corporation, and the optimal balance between efficient, effective services levels, and levels of taxation and user fees.

As a Financial Planning Analyst, for the Corporate team, you’ll support the monitoring, and reporting on, the City’s financial performance, provide oversight and ensure compliance with financial planning and management policies and guidelines, City financial and budgetary controls, and the City's budgeting systems, to fulfill the City’s fiscal management and accountability responsibilities, and financial stewardship obligations. This is an exciting opportunity to play a key role within the Division by providing strategic financial and business analysis and advice to help ensure informed decision-making by all levels of management, Committees, and City Council.

Major Responsibilities:

In this role, you will be supporting the capital funding process for City capital works projects including funding analysis and transactions in SAP working with Accounting Services, Divisions and Agencies at the City to ensure compliance with City Accounting and Financial Planning policies and procedures.  The role will also support the analysis and development of the annual debt project issuance list working with Capital Markets as well as supporting the analysis of the debt model and reserve continuity schedules a key component of the City’s capital funding strategy in support of the budget.

This will entail providing comprehensive corporate budget data, analysis and forecasting, identifying all relevant issues and making appropriate recommendations for decision-making.

Committed to best practices and innovation, you’ll also participate in the development of strategic and innovative approaches, financial strategies, and analytical techniques, and ensure the effective provision of senior-level advice, guidance, assistance and analytical services, providing fiscally sustainable solutions to meeting the City's fiscal challenges, including cost containment and revenue maximization. Keeping abreast of the Corporation's changing strategies, priorities, policies and programs, as well as provincial legislation, you’ll ensure that the design and delivery of service plans and budgets are linked to strategic objectives and Council priorities.

Key Qualifications:

Among the strengths you bring to the role of Financial Planning Analyst will be the following key qualifications:

1. Completion or working towards of a professional accounting designation, e.g. CA, CPA, or Bachelor's Degree in Business
2. Experience in key functional areas of this position, including Operating and Capital budgets.
3. Experience with enterprise-wide systems, including human resources, accounting or financial or budgeting systems (e.g., SAP and PBF Budgeting).
4. Experience preparing schedules, worksheets and comprehensive reports, and analyzing, interpreting and summarizing information to support decision-making.
5. Experience at an advanced level utilizing MS Excel, Word, PowerPoint and experience with SAP Business Intelligence reporting tools (e.g., Excel Analysis and BusinessObjects Analysis).

Such a background will have prepared you to participate in, and generate, innovative solutions to business issues, conduct investigative analysis to support senior-level decision-making, prioritize and communicate important issues from a fiscal and political/policy perspective, as well as manage multiple tasks under pressure and produce results within tight timeframes. Technically skilled, you bring knowledge in using the Microsoft Office Suite (i.e., Excel, Word, PowerPoint and Access) for raw data manipulation/data modeling and preparing reports to support decision-making activities. Strong research, analytical and conceptual thinking skills are also essential, enabling you to understand complex financial, service, operating and policy issues, program interrelationships and the potential results and outcomes of policy actions, and to conceptualize and develop options and recommendations to support decision-making.

Learning to communicate at all organizational levels, you’ll support the delivery of training and presentations to large groups, use interpersonal, human relations, negotiation, conflict resolution and problem-solving skills to interact and communicate effectively with client programs and agencies, and forge solid, effective internal and external relationships at all levels of the organization as a member of the Financial Planning Division.

It will be important to have independent judgment and discretion in handling matters of a confidential, proprietary or sensitive nature as they relate to Council and other senior staff, the public and personnel relations, and to have some familiarity with relevant government legislation and regulations in the area of governance, budgeting, financial reporting, service delivery and occupational health and safety.

Of the utmost importance within the City’s diverse environment will be your ability to support the Toronto Public Service values to ensure a culture that champions equity, diversity and respectful workplaces.

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.