Financial analyst

Financial Analyst II - Capital FP&A
City of Vancouver

Main Purpose and Function
Financial Analysts are responsible for managing general corporate business functions associated with the delivery of the organization’s 4‑year capital plan and capital budget. These positions work closely with business unit managers and financial staff to identify and recommend operational, business process and financial management issues that can result in cost savings and efficiencies. They develop business cases, conduct financial and analytical work and review overall financial and non‑financial performance with departments.

The positions initiate changes in budget management policies and practices, systems and business processes to assist the City’s Business Units in effectively managing their financial and business functions. The positions review all Council reports to ensure they have sound business cases and funding strategies. Key to these positions is to ensure that the City’s operating budget maximizes service levels by minimizing the utilization of resources within the City.

Specific Duties /Responsibilities

Work with department managers and finance staff, conduct comprehensive reviews of departmental budgets to identify funding needs and opportunities for savings.

Provide recommendations to senior management for efficiency gains, based on an extensive knowledge of departmental budgets and operational issues driving the budget expenditures.

Provide objective analysis of department budget submissions, including funding requests and suggested budget adjustments, and make recommendations to senior management.

Develop departmental budgets based on Corporate guidelines and provide support to department finance managers.

Responsible for research, preparation and presentation of reports to Council.

Analyze the processes, practices and procedures of similar organizations to identify best practices and develop benchmark standards that can be applied within the City of Vancouver.

Conduct studies and make recommendations regarding resource allocation such as performance measurement and benchmarking of City services, structural reviews of departments, departmental methods, and business processes, both from a systems and financial perspective, that may affect wage or salary rates, employment, working conditions and promotional opportunities.

Conduct financial, cash flow and economic impact studies of expenditure programs.

Analyze budgets, performance indicators, business plans and ongoing financial results of Departments.

Prepare and review financial and administrative policies.

Development and analysis of business cases for proposed projects, including cost benefit analyses to justify spending proposals.

Conduct forecasts, economic analysis, financial modeling and policy development.

Manage relationships with other departments and external organizations.

Develop and implement public consultation campaigns, including public opinion surveys.

Job Details

Location:

Vancouver, BC

Work location:

On site

Salary: $114,465 per year

Terms of employment:
Permanent, Full time

Start:
As soon as possible

Number of vacancies: 1

Source:  #112749

Desired Qualifications

Relevant experience in budget analysis, financial planning and cost management.

Strong analytical skills and advanced Excel proficiency.

Effective communication and stakeholder management skills.

Knowledge of municipal finance and public sector budgeting preferable.

Benefits and Commitment
The City of Vancouver is committed to becoming a City of Reconciliation. It is named among Canada’s Top 100 Employers, BC’s Top Employers, and the country’s Greenest Employers. We promote sustainability, equity, and quality of life for all residents.

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