OverviewCity of Toronto Budget Analyst Full Time in Toronto, ON
City of Toronto
Branch Toronto ON CA
Reviews divisional financial statements, including project status reports, for accuracy and completeness, determines accounts to be charged on all types of…
Toronto is Canada’s largest city, the fourth largest in North America, and home to a diverse population of about 2.8 million people. Consistently ranked one of the world’s most livable cities, we are a global centre for business, finance, arts and culture, and are proud to be the Host City for the 2015 Pan American and Parapan American Games. Join the award-winning Toronto Public Service as a Budget Analyst within our Information & Technology Division.
Performs research and prepares budget and financial status reports
Develops and prepares financial statements to advise management on the financial status of various capital projects and operating budget items, using information extracted from corporate and divisional accounting systems and databases
Researches and collects data for reporting the effectiveness and efficiency of Divisional/Unit programs based on performance measurement criteria
Prepares budget allotment schedules and takes necessary action to effect and maintain control of supplemental budget adjustments throughout the year
Liaises with staff of Finance, Payroll and the Budget Office, and assists in the preparation of financial reports and budget related correspondence
Reviews all materials and purchase requisitions for availability of funds
Assists in the processing of subsidy requests and annual information returns
Tracks and reports capital budget project progress, expenditures, commitments, completion status and year end projections
Reviews divisional financial statements, including project status reports, for accuracy and completeness, determines accounts to be charged on all types of accounting documents, and liaises with Finance staff in establishing new Divisional account code requirements
Monitors operating, capital and transition project accounts
Conducts cost benefit studies and financial research on divisional operations from concept to completion
Develops, prepares and maintains monthly budget variance and forecast reports in relation to capital and operating budgets for senior management of the Division
Reviews and analyzes payroll, telecommunication and wireless expenses, and generates appropriate timely management information reports
Creates, develops and maintains personnel payroll forecast system for inclusion in the Division’s operating and capital budget
Provides guidance to accounting clerks in the performance of their duties. Checks and verifies account codes, features of expense, prices, etc. on requisitions, disbursement vouchers and other accounting documents prepared by divisional staff to ensure appropriate account codes are indicated and calculations are correct
Attends meetings with divisional senior management and Finance Department etc. to provide and clarify information and resolve issues
Reviews and updates current divisional procedures as required to facilitate coordination of the division’s budget submission, etc.
Creates spreadsheets and provides additional documentation to supplement the Division’s operating and capital budget submission
Your application must describe your qualifications as they relate to:
Progressively responsible experience in accounting, cost analysis accounts reconciliation, project accounting and budgeting.
Degree in business or other relevant discipline or equivalent combination of education and experience. A professional accounting designation or currently working towards a professional accounting designation would be an asset.
Considerable experience in computer based systems, spreadsheets and databases using advanced excel and access, as they relate to financial analysis and budgets.
Extensive knowledge of financial and accounting systems and processes.
Sound knowledge of accounting principles, maintenance of general and subsidiary ledgers, deployment of control accounts, reconciliation of accounts, age analysis of receivables, and Generally Accepted Accounting Practices (GAAP).
Highly skilled in the discipline of extraction of large amounts of data from corporate systems and organizing and analyzing that data for the purpose of transforming the data into information for management decision making.
You must also have:
Effective working knowledge of payroll, budget and financial system such as SAP.
Ability to develop accounting policies based on operational needs, and consistent with the overall corporate accounting framework.
Ability to interpret, understand and implement complex procedures and agreements and to initiate innovative ideas.
Ability to communicate clearly and effectively with all levels of staff and with external clients.
Please note that all applicants are encouraged to provide a valid email address for communication purposes. Applicants may receive written correspondence regarding this job posting directly to the email address provided on their resume or to the one used to set-up their Candidate Profile if applying on TalentFlow. As an applicant, it is your responsibility to ensure that you check your email regularly.
In accordance with the Ontario Human Rights Code, Accessibility for Ontarians with Disabilities Act and the City of Toronto’s Accommodation Policy , a request for accommodation will be considered throughout the hiring process.
Applicants are required to provide their accommodation needs in advance and submit adequate documentation to support their request for accommodation in the assessment process and/or to perform the essential duties of the posted position. For disability-related accommodation, documentation must be from the applicants’ treating physician outlining their functional limitations.
Employment Type: Full Time
Location: Toronto, ON, CA
Posted on: 2015-05-22