Budget Analyst - Jobs in Niagara, ON

Job Description

DivisionFinancial Management & PlanningTemporary DurationApproximate Duration: 20 monthsAbout UsServing a diverse urban and rural population of more than 430,000, Niagara Region is focused on building a strong and prosperous Niagara. Working collaboratively with 12 local area municipalities and numerous community partners, the Region delivers a range of high quality programs and services to support and advance the well-being of individuals, families and communities within its boundaries. Nestled between the great lakes of Erie and Ontario, the Niagara peninsula features some of Canada’s most fertile agricultural land, the majesty of Niagara Falls and communities that are rich in both history and recreational and cultural opportunities. Niagara boasts dynamic modern cities, Canada’s most developed wine industry, a temperate climate, extraordinary theatre, and some of Ontario’s most breathtaking countryside. An international destination with easy access to its binational U.S. neighbour New York State, Niagara attracts over 14 million visitors annually, as well as a steady stream of new residents and businesses.Job DescriptionJob SummaryReporting to the Supervisor Corporate Budgets, the Budget Analyst is responsible for providing support in the coordination of the preparation of the Operating and Capital Budget Summary document, providing training and direction to departments in preparing budgets and participating as a staff resource to the Budget Review Committee of Regional Council.EducationPost-secondary degree in a finance or business related field of studyKnowledgeMinimum of 3 years progressive experience preferably within the Ontario Municipal financial context with emphasis in reporting and analysis of budgets and related financial analyst experience, responsible for complex accounting, budgeting and reporting.5 years progressive experience preferably within the Ontario Municipal financial context with emphasis in reporting and analysis of budgets and related financial analyst experience, responsible for complex accounting, budgeting and reporting is preferred.Professional accounting designation, CA, CGA or CMA.Knowledge of external regulations, such as the Municipal Act, the Development Charges Act, the CICA/PSAB Handbook, and all other regulations impacting the accounting and reporting of municipalities.Completion of the Municipal Finance and Accounting Program.ResponsibilitiesProvides support in the coordination of activities relating to the budget, including preparation, maintenance, and training.Supports the coordination of the preparation of the Current and Capital Budget Summaries document that reflects the Council-approved Current and Capital Budgets.Consolidates and updates the multiyear budget / multiyear scenarios using the reporting tools.Provides training and direction to departments, users and program/project managers in the areas of budget preparation, guidelines, instructions and associated reporting requirements and participates as a staff resource to the Budget Review Committee of Regional Council.Solicits information on training needs from departments for the preparation and reporting of their budget information, participating in the planning, organizing and facilitation of e-training sessions and providing education and training to users and program/project managers upgrading their financial competencies.Prepares, reviews and updates annual training schedule and all related training material and instructions documents for the preparation of the budget.Ensures cost allocations are appropriately budgeted for, enforcing budget guidelines and ensuring adherence to cost allocation policy.Reviews departmental submissions, ensuring authorizations and recommending adjustments.Processes adjustments using appropriate method, on-line entry or unique Job Scheduler Load.Ensures annual grant payment schedule for NPCA (as well as any other council approved grant), is prepared and payments are made in accordance with schedule, verifying accuracy and documenting results, including reconciliation to approved annual budget.Provides research and analytical support to the budget development process.Provides assistance and research into the development of the budget guidance calculations, guidelines and instruction packages.Develops financial models, conducting sensitivity/trend analyses, developing guidance scenarios (e.g., pay for performance (and other union contract) scenarios and the impact on the tax levy including the subsidy impacts realized by respective departments) and providing recommendations and reports.Coordinates activities relating to the financial applications budget module and related reporting platform (design, policy, testing and assessing the needs of integrating information from external reporting databases in order to provide decision support to Senior Management & Council).Undertakes budget guideline compliance testing through the use of auditing techniques.Ensures the consistency and integrity of the budget reporting information in the corporately accessed files.Ensures appropriate information exists for report creation.Co-ordinates the Region support cost allocation for budget purposes.Liaise with cost allocation owners.Ensures consistent allocation of drivers.Reviews methodology and recommends amendments to include direct feedback.Participates in the development of performance measures to evaluate the annual operating budget process and associated initiatives through the use of surveys and evaluations.Special RequirementsIn accordance with the Corporate Criminal Record Check Policy, the position requires the incumbent to undergo a Criminal Records Check and submit a Canadian Police Clearance Certificate.Regional staff strive to enable the strategic priorities of council and the organization through the completion of their work. Staff carry out their work by demonstrating the corporate values of service, honesty, choice, partnership and respect.Closing StatementUncover the wonder of the Niagara Region and join a team dedicated to meeting tomorrow’s challenges TODAY!Let us know why you would be an excellent team member by submitting your online application.We thank all candidates for their interest however, only those candidates selected for an interview will be contacted.