Financial Analyst; Housing

Position: Financial Analyst (Housing)
Job Information
Job Number:  4467

Job Type:  Full-Time

Vacancy Reason:  Backfill

Location:

150 Frederick St - Regional Admin Headquarters

Number of Positions:  1

Division:  Corporate Services

Hours of Work:  35

Union:  Management/Management Support

Grade:  Management/Management Support Grade 06

Salary Range:  $93,347.80 - $ per year

Role Summary

The Role

Provides/supervises the provision of budgeting, accounting, and financial analysis services and support for client and associated agencies. Provides financial analysis and reports to senior staff, Council, and Committee.

Duties / Responsibilities

Supervises a Financial Coordinator (Housing) and an Accounting Specialist (Housing). Provides training to clients and housing providers who use accounting and/or budgeting systems, and on related policies/procedures.

Prepares base operating and capital budgets for client review/approval. Prepares initial budgets; reviews and makes changes per client/corporate/Federal and Provincial government decisions. Provides input into budget issue papers, including projecting financial impacts.

Analyzes, interprets, and communicates financial information, including developing forecasts, summaries, cost benefit analysis, fees and charges, and continuity schedules. Participates in planning, coordinating, and organizing the preparation and approval of the budget.

Analyzes capital financing plans for clients, including debentures, development charges, reserve funds, and other types of financing. Participates in updating capital budgets based on Council approvals. Determines year‑end carry forward budget amounts and financing requirements for capital projects.

Administers reserve and reserve funds to ensure adequate funds are available to finance capital projects. Develops long‑term strategies, scenarios, and projections to fund capital budgets.

Monitors actual expenditures and revenues monthly against approved budgets and implements financial control procedures. Works with clients for forecasting and planning purposes; identifies possible variances; investigates and develops strategies to mitigate variances; and reports to senior management and Council as appropriate. Ensures budget reports are available for clients, as requested. Advises program area based on trends and detailed projections.

Administers/oversees the administration of financial accounts for clients, ensuring accurate financial reporting. Undertakes required analysis.

Reviews and reconciles information to assist in the preparation of yearly financial statements, including trial balances, financial information returns, and financial statement notes. Records tangible capital asset accounting information in general ledger.

Prepares detailed financial analyses to determine the impact of program changes as a result of policy/legislative changes; and makes financial policy recommendations to senior management.

Provides financial information, analyses, recommendations, and advice to clients, senior management, and Council, through standing committee and procurement report development and review, and as part of project teams with senior management, area municipalities, and other stakeholders (e.g., Province).

Prepares budget submissions and financial reports/claims to federal/provincial government for client programs receiving funding/subsidy, ensuring compliance with requirements. Reviews agreements to ensure compliance with terms/agreements. Prepares financial information for external audits, as part of provincial/federal funding agreements.

Analyzes housing providers financial matters (e.g., capital budgeting, operating budgeting, financial statements).

Participates in Municipal Benchmarking Association Canada meetings.

Additional Duties / Responsibilities

Coordinates the review/evaluation of annual housing subsidy allocations, financial statements and reports submitted by housing providers. Ensures timely cash flow for approved capital requests from housing providers. Prepares year‑end reconciliations of operating and capital programs for external audit purposes and liaises with housing provider audit firms, as required. Oversees the subsidy payment process for Housing, ensuring…