Financial Analyst

Role Responsibilities

The Ministry of Technology and Innovation is looking for a Financial Analyst.

Reporting to the Manager, Financial Services, the Financial Analyst provides executive and line area management with budgetary and forecast information and analysis, financial analysis and management reports to ensure the ongoing changing needs of divisions are being met. This includes responsibilities for ensuring the accuracy of financial analysis and information, through conducting necessary reconciliations and investigations, and resolving financial variance and business processes.

Responsibilities include:

• Forecast for multiple Expenditure officers, ensuring timeliness and accuracy while supporting the effective use of funds and future trend analysis.
• Identifies and works with Expenditure Officers to explain significant variances in actual or forecasted results compared to budget, and collaborates with Strategic Policy and Financial Services to present viable solutions to business issues while considering the impact on the program area budgets.
• Prepares budget variance reporting, providing in-depth explanations including impacts including executive level communication.
• Analyze and reports on spending pressures, prepares supplementary analysis, and presents alternatives and recommendations as necessary.
• Prepares and load the monthly forecast in the ERP system, prepares journal entries as needed to correct coding errors or reallocate charges.
• Understand the GoA Capital Asset Policy and provide guidance to business areas.
• Using an in-depth understanding of the GoA Tangible Capital Asset policy, manages the capital asset life cycle including, asset coding and setup, tracking expenditures against the asset, moving the asset from AUC into service and disposing of the asset at the end of its useful life.
• Interprets reports to support project financial decisions, including determining when projects meet capitalization criteria, when assets should be placed into service or written off, and providing project forecast information for financial reporting purposes.

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.

Drive for Results – Manage and prioritize tasks that have tight and competing deadlines, while efficiently reconciling and analyzing financial results.

Systems Thinking – Analyze financial issues from a ministry-wide perspective, considering interdependencies, long-term impacts, and unintended consequences to support strategic decision-making.

Develop Networks – Support stakeholders in developing relevant business systems and provide guidance on financial and accounting issues.

Agility – Able to anticipate and adjust to changing timelines, while collaborating with other departments adhering to timeframes.

This link will assist you with understanding competencies.

Qualifications

Required:

• University graduation in Business or a related field plus 3 years progressively responsible related experience; or equivalent as described below.

Equivalencies:

• Related diploma plus 5 years directly related experience.
• Accounting designation and 1 year additional related experience.

Assets:

• Knowledge of Government and Ministry Contracting policies, regulations and procedures/processes.
• Advanced skills in Microsoft Office, including Excel and Word.
• Experience with financial systems and reporting tools (e.g. Excel, 1GX, Enterprise Resource Planning (ERP), System Analysis Program (SAP))
• Experience in the Information Technology (IT) industry is considered a strong asset.
• Knowledge of Public Sector Accounting Board (PSAB) and Generally Accepted Accounting Principles (GAAP).
• Strong analytical, decision-making and organizational skills.
• Ability to exercise professional judgement when dealing with matters of a sensitive and confidential nature.
• Strong analytical and forecasting capability, translating AI-generated insights and financial data into clear, actionable business recommendations.

A cover letter must accompany your application and should indicate how your previous work experience aligns with the qualifications and competencies required. Please provide clear examples of how you meet the criteria and skills required in your cover letter. Failure to provide a cover letter will lead to the application being screened out. A cover letter will be one of the ways to assess communication skills of candidates.

In your resume, please include dates (including months and years) associated with all education and work experience. For example, January 2006 – June 2009 (part-time). This example is provided for illustrative purposes only. Applicants are encouraged to present their information clearly and thoroughly, using a format that best conveys their experience.

Please also clearly outline your educational credentials, including the type of credential obtained (e.g., Master’s degree, Bachelor’s degree, diploma, or certificate) and the field of study.

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 current and future vacancies at this classification or at a lower classification across Alberta.

Final candidates will be required to undergo a security screening.

All costs associated with the recruitment process including documentation fees and travel expenses are the candidate’s responsibility. If documentation is requested from an applicant, out-of-province applicants can obtain the documents requested from the province they reside in.

 
If a security screening is required;
•    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 have to 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