Senior Financial Analyst

Competition Number: 23690
Applications will be accepted until 2359hrs on 22/11/2026.
Posting Details
This posting is for # 1 temporary positions available until September 30th, 2027. All civilian competitions include the possibility of extension and/or additional temporary or permanent positions.
Salary Information: $114,481.64 - $134,818.32 annually. (2026 rates of pay)
All applications must be received on time and through the online application system. Applicants are required to upload their cover letter and resume in addition to the candidate profile. The cover letter should clearly outline your qualifications for this position.
More information about our hiring process can be found on the website under the Hiring Process menu.
**Job Information
**Directorate: Financial Services Section: Financial Planning
Pay Group: Nine (9) Job Code: 100073720
Work Location: Central - 19 Fairmont Avenue
Supervisor Title: Manager Financial Planning
Effective Date: July 21, 2022
**Overall Purpose
**Reporting to the Manager of Financial Planning, the Senior Financial Analyst provides analytical resources to OPS including:
* Provides subject matter expertise (SME) in the development and preparation of the Ottawa Police Service (OPS) capital and operating budgets through regular communication with Section Management of assigned portfolio.
* Prepare reports outlining financial implications to the Senior Management Committee (SMC), Executive Command and the Police Services Board.
* Coordinates the year-end finalization process by analyzing general ledger accounts and by providing guidance to all levels of OPS.
* Provides SME and guidance, and training to new Section Managers and Senior Officers on the Finance and Administration Procedures Manual, changes in collective agreements and other financial related material impacting financial management of the section ensuring OPS practices are compliant with current procedures, policies and accounting and financial reporting standards, and City of Ottawa reporting requirements.
* Analyzes and forecasts the financial impact of operational and strategic decisions.
* Continuously monitors operating and capital financial transactions for accuracy.
* Manages the budgeted FTE, organizational and position activity of the organization.
**Major Responsibilities
**Provides subject matter expertise (SME) in the development and preparation of the Ottawa Police Service (OPS) capital and operating budgets through regular communication with Section Management of assigned portfolio.
* Undertakes analytical work on financial trends; completes the development of the three (3) year operating budget and fifteen (15) year capital budget forecast; disseminates the budget targets and guidelines to Section Management of assigned portfolio.
* Prepares the salary and benefit working papers (detailed breakdown of compensation information) by balancing and verifying the complement numbers and developing assumptions and analyzing the impact of salary and benefit rate increases.
* Operates as a systems and business architect for financial module of SAP, OSL, and File Maker Pro in the development and maintenance of the necessary systems to support the formulation, presentation and administration of the budget.
* Meets with Section Management of assigned portfolios to provide guidance on the development of their budget estimates; summarizes budget submissions for discussion with Senior Officers; documents requests agreed to be brought forward for Executive review.
* Presents the budget pressures to the CFO and CAO; recommends solutions to arrive at budget target; draft presentation decks for SLT review of pressures and solutions.
* Key contributor to the completion of the budget report, budget book and presentation material for the Board in partnership with other Senior Financial Analysts, the Manager and the CFO, and communicates the results of budget approval and impact to the respective budget managers and senior officers.
* Works with Section Managers throughout the year, within a changing environment, to ensure budget envelopes are respected.
Prepare reports outlining financial implications to the Senior Management Committee (SMC), Executive Command and the Police Services Board:
* Executes forecasting analysis for inclusion in the calculation of the surplus / deficit for the quarterly operating and capital reports to the Board.
* Assembles monthly overtime, financial and other ad hoc reports for presentation to the Senior Management Committee (SMC)
* Prepares the financial implications section of various PSB reports as required.
* Performs financial analysis including net present value (NPV) and return on investment (ROI) calculations for business cases and project plans being presented to the Executive.
* Computes various cost / benefit scenarios for the Board with regards to the proposals exchanged during collective agreement negotiations.
**Major Responsibilities (continued)
**Coordinates the year-end finalization process by analyzing general ledger accounts and provide guidance to all of OPS:
* Generates forecasts of the yearend financials in partnership with other Senior Financial Analysts, the Manager to determine if the OPS will be in a surplus or deficit position.
* Converses regularly with Section Management of assigned portfolios to ensure all outstanding year end transactions are captured in the correct fiscal year and that all assets purchased have been capitalized.
* Maintains awareness of the impacts of supporting sub-systems of the financial system application (SAP).
* Prepares the analysis of other funded (annual leave, overtime, stat holiday) and unfunded liability (sick leave) accounts.
* Assign work to Senior Finance Clerks as required and provides direction on reprioritization of workloads to ensure year-end deadlines are adhered to.
* Ensures Generally Accepted Accounting Principles (GAAP) are being followed with the treatment of year end transactions and prepares the necessary accrual or adjustment entries.
* Responds to enquiries from City Finance staff and the external auditors on year-end issues.
Requirements
Provides SME, guidance, and training to new Section Managers and Senior Officers on the Finance and Administration Procedures Manual, changes in collective agreements and other financial related material impacting financial management of the section ensuring OPS practices are compliant with current procedures, policies and accounting and financial reporting standards, and City of Ottawa reporting requirements:
* Trains various levels of staff including managers, senior officers and directors on financial, budgetary and procedural matters in either an individual or group setting, including preparation of training materials.
* Identifies and recommends process improvements / changes to the FAP Manual.
* Directs and resolves different interpretations brought forward regarding all financial policies, procedures and other material.
* Provides leadership to other financial planning staff related to changes in financial operating practices.
* Analyzes and forecasts the financial impact of operational and strategic decisions:
* Maintains awareness of the organization’s changing goals and priorities which result in financial pressures during the year and contributes to discussions with other Senior Financial Analysts, the Manager, the CFO, and others, including the provision of recommendations in how to achieve organizational goals within the current budget framework.
* Participates on various steering and advisory committees, and acts as subject matter expert, ensuring financial impacts of decisions under consideration are brought to the forefront.
* Monitors economic, legislative changes and other financial trends to ensure OPS is on track within current financial framework.
* Utilizes professional j