Position: Financial Analyst
Status: Temporary, Full-Time (12 months contract)
Starting Salary: $65,698 (Starting) to $71,507 (at 6 months)
Application Deadline: Friday, April 14, 2023, at 11:59 PM
Position Summary:
The Financial Analyst, Accounting and Financial Planning Unit, supports operating and capital budget development, budget monitoring, financial analysis, financial reporting, and all financial accounting activities.
Responsibilities:
- Support the Director, Financial Services Branch with the coordination, planning, and execution of all budget planning initiatives for the multi-year and annual Operating and Capital Budgets.
- Assist with year-end processes and reporting including information required by external auditors and City of London Financial Services.
- Analyze budget submissions, audit budget transfers, identify and recommend budget amendments to ensure effective and efficient finances.
- Participate in budget planning and monitoring meetings and initiatives.
- Review necessary data and financial costs associated to new positions and assessment growth positions.
- Monitor non-personnel expenditures and budget variances and outline possible areas of risk to the Director, Financial Services Branch for review.
- Provide financial forecasting expertise on year-end position with revenue and expense accounts.
- Work closely with the Director, Financial Services Branch on cost and revenue analysis of new programs and initiatives.
- Advise Division Commanders, Branch Commanders, and Budget Managers on approaches to build, manage, and monitor their budgets including building partnerships and providing financial advice, forecasting expertise, and analytical support.
- Prepare and communicate detailed analysis to support corporate decision-making and recommendations on business cases being evaluated.
- Support the budget process by providing input into creative solutions for presenting the budget.
- Identify and analyze trends impacting short and long-term plans.
- Review general ledger entries and supporting documentation to ensure that financial transactions recorded are in accordance with policy, procedures, generally accepted accounting practices, and legislation.
- Review, verify, and approve journal entries, travel expense claims, month end report, employee expense reimbursements, and corporate credit card statement transactions.
- Monitor and reconcile capital project spending to ensure that expenditures are in accordance with the original intent of the project.
- Prepare, complete, and review financial reporting and reconciliations, including grants and secondments.
- Support London Police Service’s procurement.
- Review internal and external reports and reconciliations for administrative support and special projects for accuracy and completeness.
- Prepare, design, and edit manuals, standard operating procedures, templates and forms with detailed written instructions.
- Prepare financial reports for the Director, Financial Services Branch as required.
- Other duties as assigned within the core competencies.
Requirements:
- 4-year bachelor’s degree in Business/Finance or equivalent.
- CPA designation is an asset.
- 2-3 years’ experience in financial analysis or a related field.
- Excellent problem-solving skills and judgement required to make decisions from numerous/broader range of alternatives covered by standards and precedents.
- Excellent communication skills for regular contact with other LPS members and external agencies to give, obtain and/or exchange, and/or discuss technical information or decisions requiring discussion or explanation to ensure full understanding.
Benefits:
Temporary members receive ten percent (10%) of their hourly rate in lieu of benefits (after 120 calendar days) and are also eligible to join the OMERS Pension Plan upon their first day of hire.
Hybrid Remote Options:
The LPS is currently operating under a Pilot Remote Work Procedure. This position may be eligible for a hybrid work arrangement following successful completion of training.
Condition of Employment:
All London Police Service employees are required to be fully vaccinated (defined as completion of the full vaccination cycle with a COVID-19 vaccine approved by Health Canada) as a condition of hire unless there is a valid exemption pursuant to the Human Rights Code.
Application Process:
Please refer to the “How to Apply” page on our website for application instructions. We thank all applicants for their interest in the London Police Service; however only those selected will be contacted.
London Police Service is committed to creating and fostering a diverse and progressive workforce that is representative of the citizens that we serve. It is the LPS policy not to discriminate against any employee or applicant, in accordance with federal and provincial regulations and to base all employment decisions only on valid job requirements.
Applicants requiring accommodation for any stage of the application process, please contact 519-661-5660.
The London Police Service is located in southwestern Ontario, Canada. We have over 800 members (officers and civilians) and we proudly serve over 400,000 residents in the City of London. Our mission is to ensure the safety and well-being of London’s communities and our goal is to have a membership that is representative of the diverse London community.
