Vaughan is one of Canada’s fastest-growing cities. Its emerging downtown, the Vaughan Metropolitan Centre; Canada’s first smart hospital, the Cortellucci Vaughan Hospital; and the 900-acre North Maple Regional Park continue to generate momentum and excitement. Be part of something amazing and build your career at the City of Vaughan!

The City is an equal-opportunity employer and a forward-looking municipality that is committed to fostering a dynamic workplace that is diverse, inclusive and welcoming. As an award-winning organization for its employment and diversity and inclusivity practices, the City is focused on providing its employees with a thriving professional setting that leverages flexible work arrangements, a family-focused benefits package emphasizing work-life balance, learning and growth opportunities, and a place where collaboration and teamwork are valued.

Excellence demands brilliant personalities, visionary thinking and a passion for public service. Vaughan is your place to grow.

Position Overview

Provide analytical support to the financial planning and management program within the Corporate Section of the Financial Planning and Development Finance Department, including financial modelling, fiscal strategy, research, analysis, report/presentation preparation and administration as required. Participates in cross-functional Service Excellence teams, working closely and in collaboration with other departments and the Portfolio Financial Planning team.

Responsibilities

Financial Planning and Management and Budget Development:

• Provides analytical support to the Senior Manager, Project Manager and Senior Financial Analysts, ensuring objectives and assigned activities are efficiently delivered with quality, accuracy, consistency and within prescribed timeliness.

• Supports the development of multi-year operating and capital cash flow envelopes, ensures envelopes are reasonable, allows the City and its departments to deliver on Council strategic priorities and support long-term fiscal sustainability.

• Provides support in budget preparation, budget monitoring and Quarterly Capital Variance Reporting, prepares capital cash flow schedules to help departments/ portfolios develop their annual capital budgets and plans.

• Assists in consolidating departmental submissions of multi-year operating and capital budgets and plans and capital cash flows, identifies funding gaps and pressures and develops fiscal strategies to manage pressures (e.g. provides support in prioritization of Additional Resource Requests and/or new/expanded capital projects, including deferral of capital projects).





• Develops financial modelling to project multi-year reserves and reserve fund balances by forecasting development charges collections, contributions to reserves and other inflows and capital expenditures.

• Provides supporting schedules (actual vs budget reports, project status and open commitments) for the quarterly Fiscal Health Reports (internal and Report to Council), analyzes year-to-date and forecast variances and provides commentary for the reports.

• Prepares City-wide budget summaries; financial tables, graphs and charts; asset continuity schedules, etc. for budget presentations (budget strategy, envelopes, kick-off, playback, prioritization, and templates for Portfolio budget presentations to the Mayor and Chief Financial Officer presentation to Council) and the annual Budget Book.

• Develops and continuously improves models, databases and analytical tools to assist with developing multi-year budgets and assumptions.

• Supports debenture planning by reviewing capital projects with debt financing to ensure debt servicing costs are sustainable and all other sources of funding are exhausted before issuing debt.

• Assists senior financial analysts in establishing corporate guidelines and providing training and functional support to the portfolio teams and other staff.

• Performs assigned finance and accounting activities e.g. reconciliations, general analysis, financial control testing and review, etc., while ensuring policy compliance, proper account coding etc.

• Supports corporate year end activities related to budget, tangible capital asset processes and audit requirements; coordinates activities (e.g. prepares schedules and consolidates responses to audit queries); prepares fund statements, corporate journal entries and reconciliations.

• Performs other assigned/ad hoc duties that are related to budgets and actual results, financial queries and external reporting as required.

Long-Term Financial Strategy:

• Contributes to the development of and updates to the Long-Range Fiscal Plan and financial sustainability by providing input and advice from development of multi-year operating and capital budgets and plans.

• Utilizes the Long-Range Fiscal Plan to inform budget strategy and 10-year financial plans.





• Supports the Long-Term Financial Planning and Fiscal Policies section of the department in the development of financial models to support analysis, including reserve forecasting, asset management and planning, program costing and cost allocation, and financial impact of Growth Management studies and other long-range strategic studies.

Qualifications and Experience

• University Degree in Finance, Accounting, or Economics, or suitable equivalent.

• Minimum of three (3) years’ progressive experience in finance with relevant experience in research, analysis, forecasting, and/or accounting. Municipal experience is an asset.

• Strong research, analytical, and conceptual thinking skills, with the capacity to understand complex financial, service and operating issues, program interrelationships, and the ability to conceptualize and develop options and recommendations to support decision-making.

• Intellectual curiosity and enthusiasm for solving complex problems, and a drive for research and innovation.

• Effective interpersonal and communication skills, both oral and written. Ability to use tact in dealing with sensitive/confidential topics.

• Demonstrated ability to build high levels of credibility within diverse work groups by implementing effective communication and engagement strategies, as well as the ability to develop productive and sustainable partnerships with a range of key internal and external stakeholders.

• Ability to conduct in a manner bestowing tact and diplomacy in a political environment.

• Ability to balance multiple non-routine responsibilities, shifting priorities, regular workflow interruptions, and cope with overtime requirements as necessary to meet department and corporate deliverables while maintaining a positive attitude.

• Knowledge of and demonstrated ability in the City’s core competencies as well as relevant departmental functional competencies.

• Excellent computer skills, including advanced knowledge of Microsoft Excel, PowerPoint, and Word. An emphasis will be placed on enterprise system, budget system and financial modeling knowledge.

• Valid Ontario ‘G’ driver’s license, in good standing, and access to a reliable vehicle for corporate use.

Please note that only candidates selected for interviews will be contacted.

The City of Vaughan is committed to diversity and inclusivity in employment and welcomes applications from qualified individuals of diverse backgrounds. The City of Vaughan is also committed to providing accommodations for people with disabilities. Please contact [email protected] if you require an accommodation, and we will work with you to meet your needs.

📌 Corporate Financial Analyst (Vaughan)
🏢 City of Vaughan
📍 Vaughan