Financial Analyst - Closing Wednesday October 16, 2024

The Financial Analyst is responsible for the administration, review, reconciliation and analysis of the key functional areas including financial controls, reporting, budgeting, general accounting and support for Financial Planning.

Compensation

35 hours per week, $67,006 - $78,387 per annum 

Benefits and Perks

• Employer paid Group Health, Dental and Life Insurance after three months of employment
• OMERS Pension Plan from the date of hire
• Professional Development and Skill Based Training Opportunities
• Alternate Work Arrangements
• Wellness, Social and Staff Ambassador Committees
• Employee and Family Assistance Plan
• Perks and Savings Partnerships

• University Degree or Diploma in Accounting, Finance or related field. Completion or enrollment in Chartered Professional Accountant designation program would be an asset.
• Three (3) to five (5) years of experience, including: Balance Sheet reconciliations, Financial Reporting and Analysis, Audit, fixed asset accounting.
• Knowledge in the Public Sector Accounting Standards and Generally Accepted Accounting Principles.
• Intermediate computer skills including Accounting/Financial software, reporting software, Microsoft Excel, Word, Powerpoint; Great Plains financial software, FMW Budgeting Software and Citywide Asset Management software would be an asset.
• Analytical and problem-solving skills.
• Detail oriented with technical skills in financial analysis and research.
• Verbal communication still including courtesy, tact, explanation, persuasion, judgment and presentation skills.
• Written communication skills including grammar/spelling skills for proofreading and writing of reports/correspondence.
• Interpersonal and customer service skills.
• Organizational and time management skills.

• Review bank transactions, investigate any unknown transactions and complete bank reconciliation
• Review accounts payable entries prior to posting and payment to ensure correct HST recording, use of internal accounts and validity of payments
• Complete Balance Sheet account reconciliations and analysis to ensure accuracy of account entries and current balances.
• Review revenue and expenses for account accuracy and comparison to budget amounts.  Contact departments to support the proactive management of budgets and coordinate corrections as required.
• Assist in the testing and maintenance of financial controls.

• Support the compilation of the Annual Financial Statements
• Provide assistance with the annual financial audit
• Complete the Annual Financial Information Return for the Province
• Provide assistance in preparation of reports and/or presentations Finance Committee, Committee of the Whole (COW) and Council.
• Prepare quarterly and other reports as required.
• Provide support for operating budget development, review of submitted operating budgets, documentation and presentation creation

• Prepare cash flow forecast and make recommendations based on analysis
• Record debenture and other recurring general payments
• Maintain inventory records and complete associated journal entries
• Coordinate departmental allocations and complete journal entries
• Reconcile and submit HST returns to Canada Revenue Agency
• Cemetery accounting and reporting to Bereavement Authority of Ontario
• Prepare other journal entries for month-end and year-end

• Support Municipal capital asset accounting, including and not limited to capitalization, amortization, funding, financing, disposals, works-in-process and betterments in accordance with the Public Sector Accounting Standards.
• Complete all relevant analysis related to capital assets for tracking, planning and reporting purposes.
• Assist with the annual capital budgets and review of capital budget submissions; inclusive of amortization expense projections; ensure alignment with Municipal plans, policies and procedures.
• Support the accounting of the collection and utilization of Municipal Development Charges; account for developer agreements; as well as Municipal administration of County Development Charges.
• Prepare and maintain development charges schedules.
• Support the accounting for Municipal Reserves and Reserve Funds.
• Ensure accuracy of accounting and budgeting for funding and utilization, associated reporting in accordance with Provincial legislation.
• Provide financial review of grant applications, agreements and reporting.
• Ensure accuracy of accounting and budgeting for grants, including accruals, deferrals and obligatory reserve fund accounting.
• Prepare and maintain investment schedules.
• Provide support with debt applications and debt forecasting.

• Provide support for development and monitoring of financial plans.
• Provide other assistance to Finance team as required.
• Support continuous improvement, including recommending updates to policy and procedures to incorporate lean processes with adequate controls.
• Adhere to high standards of ethical behaviour and demonstrate his/her understanding that his/her personal actions impact the public’s perception of the Municipality.
• Perform other duties as assigned by the Manager, Finance or designate.
• Assist in creation, documentation and monitoring of financial controls, policies and procedures.

Submit an Application

Please submit your cover letter and resume online at Careers - Municipality of Port Hope by Wednesday October 16, 2024. Interviews may be scheduled in advance of the closing date. 

Recruitment Process

The Municipality of Port Hope is a progressive employer who believes a diverse and inclusive workplace strengthens the team and fosters an environment where everyone feels as though they belong and their dignity, beliefs and identity are respected.

We are committed to creating and sustaining an environment that provides a supportive workplace and equal opportunity for all employees. Accommodations can be requested throughout the recruitment process in accordance with the Accessibility for Ontarians with Disabilities Act.

Applications will be reviewed, and interviews may be scheduled prior to the job posting closing date. All applicants will receive an automated email confirming the submission of their application, but only those candidates selected for an interview will be further contacted by Human Resources.

Personal information is collected under the authority of the Municipal Freedom of Information and Protection of Privacy Act and the Municipal Act, as amended.