Finance and Reserve Analyst (TFT) (CUPE 46.21)
Norfolk County, Canada

Basic Function:

• To undertake various financial studies and/or analysis projects to facilitate management decision making.
• To provide high level financial, accounting, and technical assistance to County Divisions/Departments.
• To provide high level financial projections for financial planning purposes.
• To assist in the administration of the Legacy Fund Portfolio.

Position Description:

• Undertake as the lead role related to larger scale corporate projects/studies (ie Development Charges Study, Rate Studies).
• Keep up to date with information relevant to development charges updating Treasurer with all major changes.
• Prepare Development Charge Reserve Fund Annual Statement.
• Develop and maintain detailed analysis of long-term projections for Reserves and Reserve Funds.
• Develop and maintain detailed analysis of long-term projections for debt level projections and the associated annual repayment limit.
• Coordinates and facilitates documentation for Credit Rating.
• Liaise with external auditors relating to the County’s Debt and Reserves and Reserve Funds.
• Administer the reporting for Trust Funds and Trust Accounts.
• Responsible for assisting in the administration of Norfolk County’s Legacy Fund.
• Monitors the Legacy Fund investment portfolio and works IO monitor and to manage the risk and reward to provide recommendations to Treasurer and Deputy Treasurer.
• Monitors the Legacy Fund investments to ensure transactions are in accordance with County’s Legacy Fund Policy.
• Completes all appropriate accounting entries for the Legacy Fund Portfolio.
• Prepare annual and periodic reports to Council and/or Treasurer/Deputy Treasurer regarding investment transactions and investment performance.
• Liaise with external auditors relating to the County’s Legacy Fund Portfolio.
• To prepare and present written or verbal reports, policies, and procedures and/or recommendations to staff, Managers, General Managers, Council, and other government agencies as required.
• To establish work priorities and schedules to ensure timelines are met.
• To participate on a wide variety of committees and/or workgroups as required.
• Provides administration of debenture issues including compiling documentation for long term debt issuance.
• Perform other related duties to assist in all functional areas of Financial Planning and Reporting and other areas of Financial Services.
• Conduct financial studies and impact analysis projects on legislative or regulatory announcements to facilitate management decision making.
• Provides assistance to the Manager Strategic Financial Planning and Reporting in the development of budget and financial performance reports for Senior Leadership Team (SLT) and Council, for example Capital Status Report, Monthly/Quarterly Budget Management Reports
• Provide assistance to the Manager of Strategic Financial Planning and Reporting in the preparation of special reports and analyses requested by Council, SLT and Treasurer.
• Provide assistance and back-up related to anticipating, measuring and monitoring the County’s cash flow and investments.
• Other duties as assigned

Requirements

Knowledge and Experience:

• Four-year Degree in business administration, accounting, commerce, or related discipline.
• Professional Accounting Designation from Chartered Professional Accountants Association (CPA) or enrolment within three months of hire in the program to achieve a designation within the prescribed policy of the CPA is required.
• Over four year's experience to be familiar with the scope of the position, preferably in a municipal setting. Experience to include financial planning, financial analysis, business processes, financial reporting, development charges, accounting, capital asset accounting, developing and documenting new business processes and finance/accounting related policy and procedure development.
• Experience within an Ontario municipal environment is preferred.

Skills and Abilities:

• Thorough understanding of general accounting principles and financial reporting along with excellent analytical and evaluation skills.
• Knowledge of relevant Acts and Legislation that govern the financial operations of municipal government.
• Ability to communicate effectively and concisely, both orally and in writing.
• Ability to work under pressure, adapt to changing priorities, meet strict deadlines and deal with interruptions.
• Ability to work independently with little direction in a fast paced and stressful environment, and to meet deadlines with constantly shifting priorities.
• Excellent analytical and evaluation skills, inc

Job Rewards and Benefits