Senior Financial Analyst

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247600

Water is our business and our passion. It can be yours too. The water professionals at OCWA know the value of water better than anyone. Our work benefits communities across Ontario every day. 

Our job (and possibly yours) is also to return treated and safe water back to our lakes and rivers. At OCWA, we have a deep respect for the environment and our responsibility for the health of the communities we serve drives us.

A job at OCWA is an opportunity to make a positive impact on millions—a big responsibility. Are you ready? We think you are. So come on in. The water is perfect. 

In this role you will:

• Provide financial oversight related to a client portfolio of regional hub(s) by analyzing financial information, identifying cases where financial performance does not meet its target and conduct investigations to determine the cause of variance.
• Own the budgeting and quarterly forecasting processes for the assigned regions. Liaise with community partners and provide quality reporting and analysis. Perform scenario analysis as well as deep-dive analysis on business planning, reporting and accounting matters.
• Administer the budgeting/forecasting and reporting process in Workday Adaptive Planning. Identify process improvement opportunities and work with Workday support partners to implement the changes.
• Prepare an analytical review of profit & loss (P&L), balance sheet and cash flow. Liaise with the regional hub(s) and Controllership team during monthly, quarterly and annual financial close.
• Prepare periodic management reporting package (actual results vs plan and prior year). Work with regional hub managers to support them in providing options and recommendations to support decision-making.
• Explain key drivers for material changes in the financial results. Track identified risks and opportunities (versus the budget/forecast) and support Finance in efforts to close any gaps to plan.
• Maintain analytical tools, modeling, and processes to support a deeper level of analysis to achieve targeted financial results.
• Conduct account reconciliations and prepare accounting entries using ERP system and Analysis Cubes. Validate, review and approve journal entries from the regional hubs.
• Develop and implement financial processes and procedures to meet the requirements of Generally Accepted Accounting Principles (GAAP) and Government Not-for-profit Public Sector Accounting Board (GNFPO-PSAB).
• Assist regional hubs in the preparation of budgets and forecasts. Lead and coordinate in the design, development and delivery of training on OCWA’s financial tools.
• Ensure a high level of customer service in all interactions with both internal and external clients.
• Prepare presentations for Management and makes presentations on behalf of Management as required.

What’s in it for you?

• Flexible learning and development opportunities.
• Opportunities for career advancement and specialization with the largest provider of water and wastewater services in Ontario.
• Work with the partner of choice for more communities than any other water and wastewater service organization in Ontario for over 30 years.
• Work with an organization committed to innovation and advanced technology.
• A defined benefit pension plan; Comprehensive Health Plan; Life and Disability Insurance.
• Maternity and parental leave top-up benefits including for adoptive parents.

What we are looking for:

Knowledge and Skills:

• Theoretical and practical understanding and knowledge of financial accounting and variance analysis including accrual accounting.
• Advanced Excel skills (including formulas, macros, modeling, reporting, and automation of reports). Proficiency in other MS office tools - PowerPoint, Word, and Outlook.
• Knowledge and experience with financial planning and analysis (FP&A) tools (e.g. Workday Adaptive Planning, Vena Solutions, Hyperion Planning, and Cognos). Good working knowledge of databases, business intelligence, SQL based reporting and ERP systems (MS Dynamics GP 2018 or other relevant systems).
• Knowledge of financial theories, practices and standards in financial planning and analysis (FP&A) and controllership processes.
• General Accounting Principles and Practices, standards, and practices of the Public Sector Accounting Board and International Financial Reporting Standards.
• Demonstrated knowledge of budget planning principles and budget analysis, government financial planning and management policies, directives, guidelines and procedures (e.g. Multi-Year Planning process).
• Ability to provide advice, input and recommendations on appropriate accounting/reporting approaches to meet client needs.
• Monitor in-year expenditures of assigned Program Areas, identify and reconcile revenue and expenditure to ensure accuracy and integrity of financial information.

Interpersonal, Communication and Analytical Skills:

• Organizational and leadership skills to lead and/or coordinate special projects and provide assistance to other team members and prioritize several projects concurrently.
• Oral and written communication to conduct meetings and brief senior management, lead training sessions, prepare financial reports, briefing notes, correspondence and develop presentation/ other materials.
• Customer service skills that ensure interactions with both internal and external clients are reflective of a high level of consultation, negotiating, counseling and presentation ability.
• Communication, facilitation and advisory skills to develop and maintain effective working relationships, to provide advice and to conduct meetings and training with senior management, operations management and staff, board of directors, clients and other stakeholders.
• Presentation skills, to provide senior management/staff with information/interpretation on financial management issues and strategies.
• Consultation, collaboration and advisory skills to develop and maintain good working relationships with various stakeholders.
• Lead teams on assigned project/initiatives.

The OPS/OCWA Commitment to diversity, inclusion, accessibility, and anti- racism:

We are committed to build a workforce that reflects the communities we serve and to promote a diverse, anti-racist, inclusive, accessible, merit-based, respectful and equitable workplace.
We invite all interested individuals to apply and encourage applications from people with disabilities, Indigenous, Black, and racialized individuals, as well as people from a diversity of ethnic and cultural origins, sexual orientations, gender identities and expressions.
Visit the OPS Anti-Racism Policy and the OPS Diversity and Inclusion Blueprint pages to learn more about the OPS commitment to advance racial equity, accessibility, diversity, and inclusion in the public service.
We offer employment accommodation across the recruitment process and all aspects of employment consistent with the requirements of Ontario's Human Rights Code. Refer to the application instructions below if you require a disability-related accommodation.

What's in it for you?

• Flexible learning and development opportunities

• Opportunities for career advancement and specialization with the largest provider of water and wastewater services in Ontario.

• Work with the partner of choice for more communities than any other water and wastewater service organization in Ontario for over 30 years.

• Work with an organization committed to innovation and advanced technology.

• A defined benefit pension plan; comprehensive health plan; life and disability insurance.

• Maternity and parental leave top-up benefits including for adoptive parents.

OPS/OCWA’s commitment to diversity, inclusion, accessibility, and anti-racism:

We are committed to build a workforce that reflects the communities we serve and to promote a diverse, anti-racist, inclusive, accessible, merit-based, respectful and equitable workplace.

We invite all interested individuals to apply and encourage applications from people with disabilities, Indigenous, Black, and racialized individuals, as well as people from a diversity of ethnic and cultural origins, sexual orientations, gender identities and expressions.

Visit the OPS Anti-Racism Policy and the OPS Diversity and Inclusion Blueprint pages to learn more about the OPS commitment to advance racial equity, accessibility, diversity, and inclusion in the public service.

We offer employment accommodation across the recruitment process and all aspects of employment consistent with the requirements of Ontario's Human Rights Code. Refer to the application instructions below if you require a disability-related accommodation.

The Ontario Clean Water Agency is an inclusive employer and we offer employment accommodation across the recruitment process and all aspects of employment consistent with the requirements of Ontario Human Rights Code. Refer to the application instructions if you require a disability-related accommodation.

The Ontario Clean Water Agency is an agency of the Province of Ontario, reporting to the Ministry of the Environment, Conservation and Parks. As the largest provider of water and wastewater services in Canada, we manage over 800 facilities from small well systems and lagoons to large water and wastewater treatment plants. Consider this opportunity if you are a motivated, team oriented individual seeking a career in the water and wastewater industry.

We thank you for your interest, and we will only contact you if we choose you for further screening or an interview.