SENIOR FINANCIAL ANALYST

Job ID: 66525

Job Category: Finance, Accounting & Purchasing

Division & Section: Social Development, SDF&A Financial Management

Work Location: Metro Hall, 55 John St, Toronto, ON M5V 0C4

Job Type & Duration: 1 Full-time, Permanent Vacancy

Salary Range: $ 105,241.00 - $ 160,649.00

Shift Information: Monday to Friday, 35 hours per week

Affiliation: Non-Union

Number of Positions Open: 1 

Posting Period: 03-Nov-2026 to 10-Nov-2026 

Job Summary:

To provide financial expertise to the associated Units within the Division. Reporting to the Manager, the Senior Financial Analyst is responsible for providing strategic financial analysis, budgeting, forecasting, risk assessment, and compliance oversight to support effective program and service delivery. The role leads the review and evaluation of complex financial information, develops recommendations to support informed decision-making, and ensures adherence to legislative, contractual, and organizational requirements. The Senior Financial Analyst also supervises staff, provides expert financial guidance to internal stakeholders, and prepares reports and presentations for senior leadership to support financial sustainability, accountability, and operational excellence.

Major Responsibilities:

Develops and implements detailed plans, prepares reports and briefing notes, and recommends policies regarding program specific requirements.

Supervises, motivates and trains assigned staff, ensuring effective teamwork, high standards of work quality and organizational performance, continuous learning and encourages innovation in others.

Provides financial and budgetary advise, guidance and analysis to support budget development.

Supervises the day-to-day operation of all assigned staff including the scheduling, assigning and reviewing of work. Authorizes and coordinates vacation and overtime requests. Monitors and evaluates staff performance, approves salary increments, hears grievances and recommends disciplinary action when necessary.

Prepares and presents monthly and quarterly variance reports and budget documents.

Assists with the submission of the operating and capital budget information on-time by planning, and monitoring submission dates.

Develops and prepares the section/unit's budget for the year, in accordance to process.

Recommends, develops and implements risk management strategies and processes to reduce financial and political risk to the City.

Ensures that effective business processes are developed, documented and implemented.

Ensures compliance with Acts, Service Agreement, City guidelines and other contractual obligations with the City.

Oversight of revenue programs by accounting for expenditures, revenues and accruals and reporting on such in a complete, timely, and accurate manner.

Supporting revenue programs by providing advise and assistance required to report to external funders.

Key Qualifications:

Considerable experience in financial analysis, budgeting, forecasting, financial reporting, and variance analysis within a large, complex organization.

Considerable experience reviewing and interpreting financial statements, annual information returns, and organizational budgets to assess financial viability and compliance.

Experience conducting detailed variance analysis, monitoring financial performance against budget targets, and identifying corrective actions.

Experience leading, coaching, mentoring, and supervising staff while fostering a collaborative and high-performing team environment.

Post-secondary education in Finance, Accounting, Business Administration, Economics, or a related discipline, or an equivalent combination of education and experience.

Must have a Professional accounting designation (CPA), or actively pursuing completion of the CPA designation.

Strong analytical and critical thinking skills with the ability to evaluate financial performance, identify trends, assess financial risk, and develop practical recommendations.

Demonstrated knowledge of budgeting methodologies, financial planning principles, and financial management best practices.

Strong knowledge of risk management principles and experience developing strategies to mitigate financial and operational risks.

Demonstrated ability to interpret and apply legislation, contractual agreements, policies, procedures, and funding guidelines.

Excellent communication and interpersonal skills, with the ability to explain complex financial information to both financial and non-financial audiences.

Strong organizational and project management skills with the ability to manage multiple priorities and meet tight deadlines.

Advanced proficiency in Microsoft Excel and experience with financial management systems, ERP platforms, and reporting tools.

Knowledge of and experience using SAP S/4HANA to support financial analysis, reporting, and budgeting activities would be an asset.

Equity, Diversity and Inclusion

The City is an equal opportunity employer, dedicated to creating a workplace culture of inclusiveness that reflects the diverse residents that we serve. Learn more about the City’s commitment to employment equity.

Accommodation

The City of Toronto is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs. Disability-related accommodation during the application process is available upon request. Learn more about the City’s Hiring Policies and Accommodation Process.