Financial Analyst (2 Positions)

Role Responsibilities

The Ministry of Transportation and Economic Corridors is looking for a Financial Analyst.

Reporting to the Manager of Financial Operations, this position is responsible for processing, monitoring, analyzing and reporting revenue, cash, accounts receivable and payroll transactions. The role supports financial accountability through policy development, issue resolution, internal controls and compliance with Generally Accepted Accounting Principles (GAAP), GoA directives, and financial best practices, while working independently as a member of the Financial Operations team.

Responsibilities include:

• Identify and record incoming funds for the Ministry, including research and communication with stakeholders.
• Resolution of outstanding amounts; in depth research, providing guidance for collections and exercising professional judgment to minimize loss to government.
• Perform reconciliations, periodic compliance reviews, post reviews of AP transactions and support audit processes.
• Provide recommendations to management and financial reviews of transactions.
• Develop and implement new processes and procedures, while liaising with other financial service units and other ministries to communicate and address their business requirements.
• Review and verify withholding tax reports, provide guidance to program areas, and serve as the primary contact for TEC T4A inquiries.
• Perform compliance reviews of signing authorities on all TEC bank accounts.
• Review payroll reports from Public Service Commission (PSC) to ensure accuracy and identify potential issues.

Please click on this link to view the job description for this position.

APS Competencies

Competencies are behaviors that are essential to reach our goals in serving Albertans. We encourage you to have an in depth understanding of the competencies that are required for this opportunity and to be prepared to demonstrate them during the recruitment process.

This link will assist you with understanding competencies.

Systems Thinking – Anticipate outcomes and impacts, gathers stakeholder perspectives and work towards plans aligned with APS values.

Creative Problem Solving – Identify improvements for salary and payroll systems, while coordinating with operational areas to ensure accurate financial reporting.

Agility – Identify and support initiatives to improve the tracking and reporting of revenue and accounts receivable.

Build Collaborative Environments – Works with Treasury Board and Finance as well as Service Alberta and Red Tape Reduction to ensure developing procedures align with practices across government and follow policy.

Develop Self and Others – Takes ownership of professional growth while fostering an inclusive and diverse team environment.

Qualifications

Required:

• University graduation in Business or a related field plus three years of related experience.

Equivalency:

• Related diploma plus five years of directly related experience.
• Accounting designation and 1-year additional related experience.

Assets:

• Proven expertise in performing account reconciliations, compliance reviews, and post-audits of financial transactions to ensure accuracy and adherence to policies and controls.
• Experience managing accounts receivable processes, including the identification, research, recording and monitoring of incoming funds.
• Extensive knowledge of government accounting policies, procedures, the Finance and Administration Act and departmental Signing Authorities Matrix.
• Extensive knowledge of Generally Accepted Accounting Principles (GAAP) and Public Sector Accounting Standard (PSAS).
• Demonstrated success in developing and implementing financial processes and procedures to enhance efficiency, effectiveness and internal controls.
• Basic understanding of commercial and contract law.
• Detailed knowledge of expenditure processes and internal controls.
• Advanced skills in Microsoft Excel and Microsoft Word.

A cover letter must accompany your application and should indicate how your experience aligns with the behavioral competencies of the role you are applying for. This cover letter may be used to assess your communication abilities.

In your resume, please include dates (including months and years) associated with all education and work experience. As well, please indicate whether your work experience is casual, part-time or full-time. For example, January 15, 2006 - June 25, 2009: Assistant (PT three 8 hrs. shifts/week).

Minimum recruitment standards outline the minimum education and experience required for appointment to a job classification.

Notes

Hours of Work: 36.25 hours per week.

This competition may be used to fill an additional Finance 3 position within the team. The position is expected to involve similar duties and responsibilities to those described in this posting. Additional information regarding this opportunity will be provided to candidates who advance in the recruitment process.

Final candidates will be required to undergo a criminal records check (CRC).

Any costs associated with obtaining the required documents/checks as noted or interview travel expenses, will be the responsibility of the candidate. Out-of-province applicants can obtain the required documents/checks from the province they currently reside in.

What we offer:

• Working for the Alberta Public Service
• Public Service Pension Plan (PSPP)
• Alberta Public Service Benefit Information
• Professional learning and development
• Research Alberta Public Service Careers tool
• Positive workplace culture and work-life balance