Senior Financial Analyst (1 Year)

The City of Markham is proud to be recognized for the 5^th consecutive year as one of Canada's Best Employers by Forbes and Statista Inc. In 2025, the City of Markham is ranked 2nd among municipalities in Canada and 12th overall for Government Services. The recipient of multiple environmental awards, we are recognized for our innovative sustainability and urban planning initiatives as well as our fiscal accountability. More than 366,000 residents call Markham home and benefit from our rich heritage, culturally diverse environment, vibrant local economy and focus on quality of life.

The City of Markham is seeking a Senior Financial Analyst within the Financial Planning Division of the Finance Department. Reporting to the Manager of Financial Planning, the Senior Financial Analyst is responsible for the preparation, analysis, implementation and monitoring of the departmental operating and capital budgets, following both corporate budgetary policies and generally accepted accounting principles and practices. In addition to providing strategic advice on financial, fiscal, economic and management issues for use by senior management, you enjoy preparing briefing notes, procurement reports and staff reports for Senior Management, City Council and its various committees for financial implications. To apply, please submit your cover letter and resume online by April 23, 2025.

Please note the salary range is based on 2023 rates and is currently under review.

JOB SUMMARY:

You are a results-oriented professional with proven ability to complete tasks with minimal oversight, coupled with demonstrated high level critical thinking and the ability to perform in a proactive and strategic manner. Your analytical, collaboration and communication skills enable you to build trusted partnerships with clients, empowering you to influence business decisions to align with corporate financial goals. Your business acumen and professionalism enhance your ability to work with senior levels of management as well as members of City Council.

KEY DUTIES AND RESPONSIBILITIES:

• Performs analysis and investigation of budget variances including both high level and activity level analysis of expenditures, revenues, complement, and other performance measures; forecasts expenditure and revenue patterns; highlights to management relevant financial issues with strategic and operational impacts; recommends options towards resolution of issues.
• Develops financial models and sensitivity scenarios, and evaluates financial alternatives and business cases for programs, projects and other initiatives based on a clear understanding of program needs and resource constraints.
• In conjunction with the business unit and procurement staff, prepare and analyze tenders/quotes/request for proposal reports, rationalizing budget to actual variances and long term financial impacts.
• Participate in the planning, coordination and preparation of long range operating and capital strategic plans, including the water and wastewater rate strategy financial model.
• Lead the Capital Project Status update reporting, and ensuring adherence to capital and expenditure control policies.
• Identify opportunities for continuous improvements and compliance with corporate, financial and administrative directions and policies.
• Ability to work extended hours during budgeting season or as occasionally required.

REQUIRED SKILLS & COMPETENCIES:

• Successful completion of a degree in Business Administration, Commerce, Economics and a Chartered Professional Accountant designation/MBA, or a combination of education and experience in a related discipline at an equivalent competence.
• Five (5) to seven (7) years practical experience in progressively advance financial planning and analysis positions, preferably in a multi-divisional organization.
• Ability to deal with conflict using tact and persuasion, and exhibiting professionalism
• Presents information logically and objectively, and comfort dealing with ambiguity.
• Anticipates the needs of the organization and implications of business decisions towards advancing the corporate goals.
• Knowledge of accounting and economic principles including strategic and financial planning
• Ability to read, interpret and apply complex legislative texts such as the Municipal Act.
• Experience in a public sector organization including knowledge of municipal funding sources, such as Provincial and Federal funding, Development Charges, Federal Gas Tax and provincial/municipal statutes and regulations is an asset.
• Excellent oral and written communication.
• Advanced proficiency in Microsoft Excel, Access, PowerPoint and Word.
• Demonstrated strong initiative and the ability to work independently.
• Values honesty and integrity.

CORE BEHAVIOURS:

• Service Excellence: Meets or exceeds service standards when interacting with customers in the community and in the organization.
• Change & Innovation: Responds positively and professionally to change and helps others through change.
• Teamwork & Relationship Building: Interacts with others in an inclusive, collaborative and respectful way that creates effective working relationships.
• Communication: Communicates in a clear, professional and respectful way; demonstrates active listening.
• Accountable & Results Oriented: Demonstrates ethical behaviour and accountability, aligns with City values, and abides by relevant policies and legislation.
• Management & Leadership: Demonstrates self-management, professionalism and engagement; leads by example.

The City of Markham is committed to inclusive, accessible and barrier free employment practices and to creating a workplace that reflects and supports the diversity of the community we serve. Please let us know if you require an accommodation and we will work with you to ensure a barrier free hiring process.

Please respect our scent free area by not wearing scented products when visiting the office.