Financial Business Partner

Position Summary

We are seeking a dynamic Financial Business Partner to join our team. This role involves advising senior management and overseeing specific department and branch portfolios. The successful candidate will provide strategic support in budget development, accounting, financial modeling, and financial management reporting. Key responsibilities include developing and managing financial models, preparing consistent financial reports, and overseeing variance and capital carry forward processes.

As a Financial Business Partner, you will lead work units that serve as the liaison between operating departments and corporate financial systems. Your tasks will include entering data into corporate financial systems, organizing financial and statistical information, and conducting financial analysis and reporting for client departments.
This position also involves providing senior financial advisory support to client Directors and Executive Directors, helping them achieve their departmental and divisional goals through effective financial management. If you have a strong background in finance and enjoy working in a collaborative environment, we invite you to apply.

Key Duties & Responsibilities

• Provide support to clients with respect to financial analysis and planning needs to support their objectives. This includes guidance and advice on financial matters such as financial and accounting policies and procedures, taxation issues and internal/management controls.
• Provide strategic support in business planning with operating areas to help identify and analyze opportunities for service changes (including impact on staffing level) and provide recommendations in order to support financial sustainability while considering long and short-range planning, budgeting and policy development.
• Capital accounting and monitoring processes for the client departments and divisions.
• Assist operating areas with development of operating and capital budget business cases. Complete research and analyze industry best practice to develop recommendations based on long term financial impacts and any precedents which may be set while taking into account environmental scan of municipal, provincial and federal economic outlook.
• Financial modelling including in-depth financial analysis to provide recommendations to improve financial performance and develop strategy. Lead reserve management to support proposed changes to operating areas in alignment with the Long-Range Financial Plan.
• Provide support to the Citys Management Bargaining Committee for collective bargaining by costing proposals.
• Work with operating areas to establish and implement a centrally governed cost accounting methodology that will ensure the City accounts for costs in a way that is consistent across the organization, simple to administer and provides meaningful information to management of the City and residents.
• Development of regular and ad hoc financial management reporting, and the performance of financial analysis to serve the needs of the clients.
• Develops, recommends, coordinates and implements policies and procedures associated with the provision of accounting and budget support for the assigned portfolio.
• Provides support for the monitoring and maintenance of agreements with external agencies and ensures criteria for external funding are met and accounted for.

Stakeholder Relationship Management

• This position must build and maintain relationships of trust both internally and externally.
• Builds strong working relationships with operating areas to be a trusted partner regarding strategic issues.
• Build strong relationships within an assigned client portfolio and also within the Financial Services team providing a critical conduit between the two in order to meet operational and organizational financial goals and ensuring consistent approaches across the organization.
• Participate in special studies and/or assignments, which may involve conducting research, analysis and providing recommendations.
• Meet with clients and other stakeholders to resolve issues related to accounting and the corporate budget system in order to resolve issues and satisfy all requirements.

Key Qualifications

Lead smaller work units that are the interface for budget and accounting services between operating departments and corporate financial and budget systems and processes.
Lead operating areas in financial model preparation and maintenance.
Provides day-to-day supervision with a focus on provision of guidance, direction and development.
Responsible for providing input and recommendations on Branch/Unit specific workforce planning.
Leadership accountabilities includes performance management in conjunction with the Branch Manager.
The position works closely with peers to ensure consistency and equity in leadership and development of staff within each of the teams.
The position is expected to provide occasional on-the-job-training to others and requires the skills to build an environment of service excellence, best practices, and professionalism.