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SENIOR FINANCIAL ANALYST

 

  • Job ID: 60111
  • Job Category: Finance, Accounting & Purchasing
  • Division & Section: Seniors Services & Long Term Care, LTC Management Services
  • Work Location: Union Station, 65 Front Street West, Toronto
  • Job Type & Duration: Full-time, Permanent Vacancy
  • Salary: $103,431.00 - $141,247.00
  • Shift Information: Monday to Friday, 35 Hours Per Week
  • Affiliation: Non-Union
  • Number of Positions Open: 1 
  • Posting Period: 29-Sept-2025 to 14-Oct-2025

 

The City’s Seniors Services and Long-Term Care Division supports Toronto seniors and residents in long-term care homes to have the healthiest, most fulfilling lives possible through exceptional care and services. Vulnerable individuals who reside in the community are supported through adult day programs, supportive housing services, tenancy support and homemakers and nurses services. CareTO is our brand for the culture change we are investing in for the City’s 10 directly operated long-term care homes (https://www.toronto.ca/community-people/housing-shelter/rental-housing-tenant-information/finding-housing/long-term-care-homes/careto/). The division values Compassion, Accountability, Respect and Excellence which shape our organizational culture, our priorities, and the experiences of all those who live, work, volunteer, and visit.

 

Reporting to the Manager, Financial Services, the Senior Financial Analyst is responsible for leading a team within the Seniors Services and Long-Term Care Division. This budget team is divided into two key areas: one team focuses on Operating, while the other concentrates on Capital and Asset Management. The Senior Financial Analyst is responsible for providing financial oversight that includes budgeting, variance analysis, forecasting, and reporting, ensuring effective financial tracking and resource management within their designated areas. The analyst will also collaborate with senior management to deliver financial insights and support divisional goals, while managing staff and maintaining compliance with corporate and government guidelines by assisting with centralized administration and human resources support functions.

 

Major Responsibilities:

  • Develops and implements detailed plans and recommends policies regarding program specific requirements.
  • Supervises, motivates and trains assigned staff, ensuring effective teamwork, high standards of work quality and organizational performance, continuous learning and encourages innovation in others.
  • Supervises the day-to-day operation of all assigned staff including the scheduling, assigning and reviewing of work. Authorizes and coordinates vacation and overtime requests.  Monitors and evaluates staff performance, approves salary increments, hears grievances and recommends disciplinary action when necessary.
  • Manages the monthly subsidy payments from the Ministry of Long-Term Care and other funders in accordance to the monthly payment cycles.
  • Develops and prepares the section/unit's annual budget for the year by instructing and providing guidance to divisional managers, ensuring compliance with corporate financial guidelines. 
  • Develops and recommends risk management strategies to ensure financial risks to the City are minimized. Participates on project teams committees as a financial resource.
  • Ensures that effective business processes are developed, documented and implemented.
  • Ensures financial compliance with the Fixing-Long-Term Care Act, Long-Term Care Accountability Agreements, City guidelines and other contractual obligations with the City.
  • Reviews budgets monthly to validate funding/subsidies and identifies risk exposure.
  • Prepares comprehensive reports and financial statements to evaluate financial performance and stability of the division’s programs and services. Makes recommendations and implements appropriate remedial action for unit that are not in compliance with approved budget limitations.
  • Develops and implements risk management strategies and processes to reduce financial/political risk to the City.
  • Provides advice/direction and makes recommendations to senior leadership on business and deficit reduction plans and additional business cases submitted by units.
  • Conducts units audit administration and operational reviews, analyzes operational data to provide recommendations for improving efficiencies for the division’s financial and internal controls.
  • Performs monthly variance analysis for both operating and capital, investigates actual expenditure variances, and provides explanations to ensure that expenditures are controlled and maintained within approved budget limitations.

 

Key Qualifications:

 

  1. Post-secondary education in a discipline pertinent to the job function (e.g. Finance, Business, Accounting, Administration) combined with a professional accounting designation (i.e., Chartered Professional Accountant) or an equivalent combination of education and experience.
  2. Considerable experience in budgeting, accounting, internal control techniques, costing and financial analysis, and/or analysis and interpretation of data, coupled with strong analytical and organizational skills.
  3. Considerable experience with preparing analyses of financial, operational, clinical and quality measures.
  4. Experience with computer software such as Excel, Word, PowerPoint, automated accounting systems and/or Business Intelligence Tools (e.g. Excel PowerPivot, PowerQuery, Tableau, SAP Analytics Cloud). Experience with health care information and management software systems, such as Quatro, PointClickCare and Gold Care considered an asset.
  5. Considerable experience conducting business process reviews.
  6. Experience in providing supervision and work direction, training, guidance and support to staff.
  7. Experience with project management including definition of project purpose and objectives, defining, and achieving milestones and deliverables, monitoring and tracking progress and managing communication and reporting requirements considered an asset.
  8. Strong communication (written & verbal) and facilitation skills to covey information.
  9. Change agent for divisional and unit changes to process/tools and resources assignment.
  10. Excellent interpersonal skills with the ability to establish and maintain effective working relationships with the public and staff and to be able to relate to people in an objective and empathetic manner.
  11. Must be able to work independently in a dynamic, complex environment, working with a quality improvement focus.
  12. Ability to handle confidential and sensitive information with discretion and tact.
  13. Knowledge of relevant employment legislation including collective agreements, Employment Standards, Human Rights and the Occupational Health and Safety Acts.
  14. Knowledge of Municipal Freedom of Information and Protection of Privacy Act (MFIPPA) and Personal Health Information Protection Act (PHIPA).
  15. Fundamental knowledge of Long-Term Care Homes Act and Regulation 79/10, and relevant corporate and divisional policies, procedures, and guidelines.
  16. Familiarity with government legislation in the area of Occupational Health and Safety.

 

Please note: 
As a condition of employment with the Seniors Services & Long-Term Care Division, selected candidates will be required to provide a satisfactory Police Reference Check (PRC) with vulnerable sector screening, tuberculosis screening and proof of immunization in accordance with the Fixing Long-Term Care Act, 2021. (O.Reg 246/22).

 

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.

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