Financial Analyst – Senior (3 Months Contract)



Description:

The Strategic Planning & Financial Services Division serves the Ministries of Service Alberta & Red Tape Reduction and Technology & Innovation. The Financial Consultant is an expert in consolidating financial statements. The complex reporting structure of the Ministry of Technology and Innovation requires an advanced, technical, analytical, and consultative skill set to manage the controlled entities financial reporting to the Ministry, as well as, working with Treasury Board and Finance to prepare the Government of Alberta (GoA) consolidated financial statement.
You will be responsible for planning and coordinating processes and initiatives, including the provision of clear instruction and direction/guidance for financial reporting. The position coordinates the collection and dissemination of financial information into formats consistent with the requirements of public sector accounting standards (PSAS) and reporting practices at GoA level.
You will report to and provide professional, consultative, and advisory support to the Manager of Reporting and Policy, and the Director of Financial Reporting and Operations to ensure compliance with legislation.


You will be responsible for:
• Preparing consolidation working papers, financial statements, notes and schedules for quarterly and annual reporting.
• Supporting the design, review, and implementation of reconciliation ledgers/systems.
• Leading assigned ministry financial projects and reviewing the work of financial analysts.
• Supporting the preparation of timely and accurate financial information.
• Design of financial systems and processes required to support reporting requirements.
• Examining, analyzing and interpreting complex financial data and making recommendations for improvements to enhance the reliability of information in the financial statements.
• Maintaining the Ministry’s consolidation procedures for efficiency and effectiveness of the consolidation process; and
• Ensuring that there are adequate controls for accurate reporting of the financial information provided by the entities on the GoA financial information system (1GX).
• Facilitate requirements gathering and validation workshops
• Develop and document project vision(s) and approach.
• Analyze and define business requirements for determining roles, relationships, and data structures to meet business, security, privacy and operational requirements.
• Work with business clients and technical teams on the design, development and implementation of business applications.
• Documenting, analyzing, and managing business requirements.
• Developing comprehensive business cases.
• Producing deliverables that meet specified quality standards.
• Escalating issues and risks as appropriate.
• Preparing and executing tasks in alignment with a defined project plan.
• Reviewing and providing valuable input on test strategies, plans, and test cases to ensure comprehensive coverage of defined business requirements.
• Executing tasks in accordance with established control processes, encompassing schedule management, status reporting, and effective handling of issues, risks, and changes at both project and program levels.
• Actively participating in essential meetings to review schedule, status, issues, risks, and changes.
• Support project team members in the analysis of issues.
• Prepare status reports, meeting minutes, change requests and other documents to management detailing tasks undertaken and timelines associated to the execution of those tasks.
• Obtain sign-off on the deliverables from the appropriate program/project sponsors.

Required Qualifications
• University degree in Accounting and Accounting designation such as CPA or CA with 15 years of additional related experience.
• Experience with financial statement consolidations and extensive knowledge of financial procedures, internal controls, accounting and auditing principles and techniques.
• Extensive accounting and audit experience in government
• Extensive knowledge of internal financial control and techniques, audit procedures and working paper requirements.
• Must have knowledge of public sector accounting standards (PSAS).
• Should have Ministry level applicable experience.
• Must have knowledge of various departmental, government-wide and business-related computer systems such as 1GX.

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Working Hours:
• Standard Hours of work are 08:15 – 16:30 Alberta time, Monday through Friday excluding holidays observed by the Province
• Work must be done in the province of Alberta
• It is anticipated the role will be 100% remote, however in the event of an onsite meeting, the GoA does not pay for travel to attend on-site meetings, nor any expenses related to relocation, commuting, housing/accommodation, food/drink.

Notes on Location:
Resource will work remotely, though must be available for onsite meetings when required. It is estimated that onsite meetings may be quarterly (every three months) but the actual frequency of meetings could be more or less.

Incumbency:
• Previously this role was filled by a contractor, however, for this and all other opportunities, the Ministry seeks the best person to fill the role.

Standard Background check required
• The Supplier shall, prior to commencement of the Services, provide the Province, on its request and at no cost to the Province, with criminal record checks.

Mandatory Training Courses:
• Once hired the resource will be required to complete all mandatory training which includes but not limited to Freedom of Information and Protection of Privacy Act, Security/Cybersecurity, Information Management, and Respect in the Workplace. There may also be other mandatory and/or optional training.

Anticipated Interviews dates
• Interviews are estimated to be held between March 11 – 22, 2024. This is an estimate only.
Refer to the Job Posting attachments for the proposed form of contract applicable to this Contingent Resource Request

Scoring Methodology:
Financial/Pricing: 20%
Resource Qualifications: 30%
Interview Process: 50%

ALL REQUIRED EXPERIENCE MUST BE DESCRIBED IN RESUME UNDER THE JOB/PROJECT WHERE EXPERIENCE WAS ATTAINED.

EACH JOB/PROJECT MUST CONTAIN THE TERM OF THE JOB/PROJECT IN THE FORMAT MMM/YYYY to MMM/YYYY.

QualificationAssessment
Must Have
Education
Education – Business Administration, Accounting, or Finance – Yes/NoYes
Professional Licenses/Certification
CPA – Yes/NoYes
Technical Skills
Accounting & Financial Records – Yes/NoYes
Accounting Principles – CPSAS – Yes/NoYes
Accounting Principles – Yes/NoYes
Work Experience
Experience – Accounting Systems – Duration15 years
Experience – Public Sector/GOA Domain – Duration5 years
Experience – Public Sector/GOA Domain – Points
Nice to Have
Work Experience
Experience – Government Development – Duration5 years
Experience – Leadership (Public Sector) – Duration3 years
Maximum Extension Term (Months)0