Under the direction of the Assistant Controller, the position is responsible for the development, implementation and maintenance of sound financial systems and internal cash controls for the Department, mostly related to Transit's revenue streams, including fare revenue and fare programs including the eco-pass, post-secondary and U-Pass programs.
This position is responsible for planning, coordinating and compliance of all financial aspects for Transit's Business Centre. The emphasis is on providing timely, accurate and objective financial reporting and analysis to the Assistant Controller for their business decision making and providing suggestions for improvement to accounting processes and policies and following through with implementation. This position ensures City procurement rules and administrative standards are consistently adhered to. The development and maintenance of internal controls (manual and electronic) to safeguard Transit's assets from mismanagement or misappropriation is also a critical function of this position.
The Financial Analyst is also responsible for the daily supervision, training and mentoring of staff.
The Financial Analyst also provides support to the Assistant Controller in overseeing the forecasting, budgeting, and financial planning processes and will be involved in the coordination and preparation of year-end files and working papers. The position may work directly with the external auditors or other third parties.
The Financial Analyst assists with the preparation and presentation of ad-hoc reports and analyses as directed by the Assistant Controller and may be required to provide support to Transit accounting, payroll and capital areas as needed.
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