Financial Analyst II

Requisition ID: 36294 


Company

Located on the traditional, ancestral and unceded lands of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) Peoples, Vancouver has a commitment to becoming a City of Reconciliation. Vancouver consistently ranks as one of the world’s most liveable cities and is working towards being the greenest city in the world. Named among Canada's Top 100 Employers, BC's Top Employers, and Canada's Greenest Employers, the City of Vancouver seeks colleagues who can help shape and embody our core commitments to sustainability, decolonization, equity and outstanding quality of life for all residents.

Consider joining our committed team of staff and being part of an innovative, inclusive and rewarding workplace.

 

Main Purpose and Function

This role is an integral member to the Financial Planning & Analysis team and reports to the Director of Financial Planning & Analysis, Engineering. The main functions of this role are:

  • Leads financial planning and analysis for the Engineering Utilities including the development of complex business case analyses, valuation and modelling, formulate financial strategies, and influence high profile and high impact business decisions on corporate and Engineering initiatives
  • Leads financial planning and analysis for the Engineering group which includes responsibility for the monitoring and strategic delivery of the Engineering’s utility services operating budget, as well as 3-5 Year Budget Outlook.
  • Supports the Financial Analysis, Budgets and Reporting department as required in developing long term financial plans and utility rate projections for Engineering
  • Direct Management of Finance Staff; supporting with review of the staff work, evaluating the performance; supporting with development

 

Makes recommendations that may have an impact on financial and operational areas of the Engineering’s Business, as well as staffing workloads, working conditions, changes in positions or staffing levels.

 

Specific Duties/Responsibilities

Strategic Development / Business Cases; Value for Money Proposals

  • Leads the development of complex business case analyses, valuation, modelling, presentations and reports for the Engineering
  • Determines long-term financial implications and participates in the formulation of financial strategies
  • Influences high profile and high impact business decisions on key corporate and Engineering initiatives
  • Provides forecasting, economic analysis, financial modeling, and policy development
  • Analyzes processes, practices and procedures of similar Business Unit(s), identifies best practices, and develops benchmark standards to be applied in the Engineering Department
  • Prepares executive level summary to provide briefing of financial results and provide strategic recommendation on the financial direction of the department

 

Strategic Decision Support and Analysis

  • Makes recommendations on priority corporate and Engineering initiatives based on financial analytics and application of corporate policies
  • Determines financial implications for major corporate decisions, including business cases, Engineering reports, contracts, etc.
  • Prepares and on occasion presents reports to the Engineering
  • Oversees staff in the completion of budget submissions, variance reporting, forecasting and other ad hoc analysis

 

Long-Term Financial Planning

  • Develops and maintains the Engineering’s long-term financial models incorporating financial implications from corporate and Engineering’s business plans, Engineering initiatives, and external agencies
  • Partners with the business and the Long-Term Financial Planning department in the development of the Engineering long term capital planning, and capital strategic outlook, providing strategic guidance on funding options. 
  • Conducts scenario analysis taking into consideration macroeconomic and City-specific factors

Where operationally appropriate and subject to change, the City of Vancouver has a Flexible Work Program. This program allows staff to work remotely 1 – 4 days a week from locations that are a daily commutable distance from their work at a City worksite.  At this time this position is eligible to be part of the Flexible Work Program.

 

The City of Vancouver has a COVID-19 Mandatory Vaccination Policy.  All external applicants applying to the City of Vancouver are required to be fully vaccinated as a condition of hire and subject to this policy as a condition of ongoing employment.  Candidates may only be exempted from this requirement if they request and are approved for an accommodation based on a reason related to a Human Rights Code ground (such as disability). Such a request must be made during, not after, the recruitment process.

 

Business Unit/Department: Finance, Risk & Supply Chain Management (1150) 

Affiliation: Exempt 

Employment Type: Regular Full Time 

Position Start Date: 05/08/2022 

Position End Date:  

Salary Information: Pay Grade RNG-091: $102,256 to $127,830 per year

 

Application Close: July 1, 2022

At the City of Vancouver, we are committed to recruiting a diverse workforce that represents the community we so proudly serve. Indigenous applicants, people of colour, all genders, LGBT2Q+ and persons with disabilities are encouraged to apply.  Accommodations will be provided upon request during the selection process. Learn more about our commitment to diversity and inclusion

 

Before you click Apply now

Once you start your application you can save your work and leave the applications page, however please remember to submit your profile to the specific job requisition before the posting closing date.

In addition to uploading your cover letter and resume, part of the application process may include answering application questions related to the preferred requirements of the role which may take approx.. 5-10mins. Cover letters should express interest and highlight additional information relevant to the position and resumes should include a tailored summary of skills and experience related to the position.

 


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