Financial Analyst - Budgets

Job Description

Financial Analyst - Budgets Competition Number: 25/30Posting Scope: Internal / ExternalPosted Date: February 20, 2025Closing Date: March 6, 2025, 4:30 PM PSTDepartment: FinancePosting Type: Continuous (Regular Full-Time)Work schedule: Monday to Friday (35 hour work week)Salary: $48.05 per hour, Pay Grade 14Job Code: 4222Employee Group: This is a CUPE Local 50 positionNumber of Vacancies: 1 The City of Victoria’s Finance department has an exciting opportunity for a Financial Analyst – Budgets to join our team. Working alongside three talented Financial Analysts, this role works closely with teams across our organization to support planning, coordination, and development of operating and capital budgets. This hands-on position also champions the historical and strategic analysis that guides department decision making and drives transformational change and improvement across the City. At the City, we work collaboratively, continually look to the future, and believe in continuous improvement. Our ideal candidate is a critical thinker, innovator, and collaborator with a focus on providing accurate and timely information for effective decision making. If you have related work experience in budgeting, strong variance analysis, and if you thrive in a fast-paced, dynamic working environment, we’d like to hear from you. This position offers comprehensive extended benefits and a defined benefits pension plan, among other benefits. POSITION FUNCTION Coordinate and participate in the work of the budget section of the Financial Services Division. KEY DUTIES Coordinate the preparation and administration of the municipal operating and capital budgets; review budget submissions to ensure consistency and compliance with guidelines; maintain spreadsheets and monitor budget adjustments; prepare and review monthly budget variance analyses and financial reports and report on significant variances; assist in the preparation of annual financial statements and working papers. Perform analysis of various financial information to be provided to managers for decision-making. Coordinate departmental submissions by compiling financial information for grant applications, claims, and year-end reporting; ensure timely submission and submit extension requests when necessary. Coordinate grant audits by providing detailed information to auditors and responding to inquiries. Respond to inquiries from staff, department clients and outside agencies; provide related financial advice and guidance to departments in the preparation, monitoring and control of their operating and capital budgets. Assist in the preparation of budget presentations for senior management and council; participate on corporate financial projects and committees as required. Review all purchasing and staffing requisitions to confirm budget. Participate in the development and implementation of budget and accounting policies, procedures, and standards for all financial functions; assist in the planning, implementation and improvement of financial systems. Work collaboratively with internal and external stakeholders to assess and troubleshoot City budget software; provide training to new users. Perform related duties where qualified. INDEPENDENCE Work is performed according to annual budget program requirements and policy and annual financial statement requirements. Work is reviewed through discussions with supervisor. Issues such as policy development and major budget variances are discussed with supervisor with recommendations. WORKING CONDITIONS Physical Effort: Touch keying on a calculator. (often)Mental Effort: Meet accounting and project deadlines. (often)Visual/Auditory Effort: Focus on a variety of source data and computer for long periods. (often)Work Environment: Office. KEY SKILLS AND ABILITIES Application of accounting techniques related to municipal accounting and budget processes.Coordination of corporate budget process.Effective analytical skills.High level of precision and attention to detail is required in reviewing and analysing financial information.Interpret related legislation, policies, and regulations.Knowledge of Community Charter.Familiarity with PSAB (Public Sector Accounting Board).Advanced level operation of current City related specialty software.Provide technical guidance and advice to user departments.Maintain accurate records.Ability to multi-task and manage changing priorities under tight deadlines.Establish and maintain effective working relationships.Ability to work well in a team environment.Deal effectively with the public and outside agencies. QUALIFICATIONS Formal Education, Training and Occupational Certification: High school graduation.Third level CGA/CMA program. (3 years)Experience: 3 years of related experience in budgeting and computerized accounting or an equivalent combination of education and experience. OTHER: Maintain up-to-date knowledge of Municipal accounting and budgeting techniques.May be requested to substitute in a more senior position. To apply for this opportunity, you will need to create an online profile or log back into our career portal at - only online submissions will be considered. All applications must be submitted online by 4:30 pm on the closing date noted on the posting. Please be prepared to provide proof of qualifications as outlined in your resume. The City of Victoria is committed to integrating equity, diversity, inclusion, and accessibility into our programs, policies, spaces, and services. Our goal is to cultivate a diverse and inclusive workforce that reflects the community we serve and aim to become. Individuals who are Indigenous, racialized, immigrants, persons with disabilities, 2SLGBTQIA+, or facing any additional barriers are encouraged to apply. Accommodations will be available upon request throughout the application and selection process. If you require assistance, please email us at . #J-18808-Ljbffr