Apply By: Monday, January 27, 2025 11:59 pm EST

Senior Financial Analyst

Organization:

Workplace Safety and Insurance Appeals Tribunal

Division:

Workplace Safety and Insurance Appeals Tribunal

City:

Toronto

Language of Position(s):

English

Job Term:

1 Permanent

Job Code:

Not Available - Not Available

Salary:

Not Available

Posting Status:

Open

Job ID:

225781

The Workplace Safety and Insurance Appeals Tribunal (WSIAT) is a highly specialized adjudicative tribunal that hears appeals of final decisions of the Workplace Safety and Insurance Board. Reporting into the Director of Finance, the Senior Financial Analyst provides actionable insights that support informed decision-making across the organization. This role is key to ensuring that financial data is accurately represented and leveraged for process improvements, aligning with WSIAT's mission to enhance efficiency and transparency.

OPS Commitment to Diversity, Inclusion, Accessibility, and Anti-Racism:

We are committed to build a workforce that reflects the communities we serve and to promote a diverse, anti-racist, inclusive, accessible, merit-based, respectful and equitable workplace.

We invite all interested individuals to apply and encourage applications from people with disabilities, Indigenous, Black, and racialized individuals, as well as people from a diversity of ethnic and cultural origins, sexual orientations, gender identities and expressions.

Visit the OPS Anti-Racism Policy and the OPS Diversity and Inclusion Blueprint pages to learn more about the OPS commitment to advance racial equity, accessibility, diversity, and inclusion in the public service.

We offer employment accommodation across the recruitment process and all aspects of employment consistent with the requirements of Ontario's Human Rights Code. Refer to the "How to apply" section if you require a disability-related accommodation.

What can I expect to do in this role?

• Develop, maintain, and utilize advanced SAGE Intacct functionalities to create comprehensive advanced financial reports that support strategic planning.
• Perform complex data extraction and financial analysis to produce detailed, actionable reports that inform key decisions across WSIAT's operational functions.
• Regularly update reporting templates and dashboards within SAGE to reflect changes in financial performance and ensure consistency in reporting accuracy.
• Provide insights into WSIAT's financial health by identifying key performance indicators and trends, offering forward-looking projections and analysis to the Finance Director and other senior leaders.
• Collaborate with the Finance Director and department leads to drive the budgeting process, using SAGE Intacct to create projections, actionable insight, design data templates and models that align with organizational goals.
• Coordinate financial planning processes, including budgeting and forecasting, while ensuring alignment with the WSIAT's strategic goals.
• Monitor budget adherence across departments, offering regular updates and recommendations to ensure financial alignment with WSIAT's strategic priorities.
• Identify variances and work with stakeholders to adjust budgets as needed, fostering a culture of fiscal responsibility and proactive management.
• Serve as a finance business partner, working closely with department heads and teams to provide them with relevant financial insights that drive their operational and strategic goals.
• Conduct financial analysis that addresses the unique needs of various departments, offering data-driven recommendations to improve efficiency and resource allocation.
• Engage in cross-functional meetings to understand department-specific financial needs and help align their objectives with WSIAT's financial strategy.
• Closely work with Accounting Manager and Procurement and Contract Management Manager in drawing historical data trends and process enhancements.
• Continuously evaluate financial data to identify areas of operational inefficiency and potential cost savings, working proactively to recommend and implement improvements.
• Introduce process improvements within the finance team and other departments by leveraging SAGE Intacct's analytical tools, reducing redundancies, and automating tasks wherever possible.
• Analyze spending trends and resource utilization across departments, providing insights into cost-saving opportunities and optimal budget allocation.
• Ensure financial data integrity and compliance with WSIAT's policies and regulatory requirements, maintaining transparency and consistency in financial reporting.
• Act as a key contributor to the Finance Department's strategic initiatives, developing and implementing best practices that align with WSIAT's organizational values.
• Stay informed on industry trends and innovations, especially related to financial systems and recommend relevant updates to strengthen WSIAT's financial management capabilities.
• Provides guidance to department heads and team members by offering financial insights and recommendations by taking ownership of key financial reporting and analysis tasks and contributing to the Finance Department's strategic initiatives.
• Applies advanced analytical skills to evaluate complex financial data, identify trends, and recommend actionable improvements.
• Interprets key performance indicators, conducts variance analyses, and offers forward-looking financial projections.

Program Responsibility:
• Leads the preparation of budget templates, financial reporting dashboards in Sage Intacct, prepare and deliver financial reports across WSIAT for data-driven decision-making.
• Ensures that financial data is accurately represented and leveraged for process improvements, aligning with WSIAT's mission to enhance efficiency and transparency.
• Works in partnership with the Accounting Manager and Director of Finance to find process enhancements to consolidate cost savings across the WSIAT.
• Works closely with department heads and teams, as a finance business partner, to provide relevant financial insights, create accurate financial projections, and monitor budget adherence, providing updates and recommendations that drive operational and strategic goals and ensure financial alignment with WSIAT's strategic priorities.

How do I qualify?

Knowledge and Experience:

• Knowledge of financial analysis, reporting, and budgeting policies, processes and standards, as well as industry/market financial best practices, regulatory compliance and cost optimization techniques to perform complex data extraction and financial analysis to produce detailed, actionable reports
• Ability to analyze spending trends and resource utilization across departments and to ensure financial integrity and compliance with WSIAT policy and regulatory requirements.
• Knowledge of relevant accounting/finance legislation and system/accounting processes and procedures.
• Advanced proficiency in SAGE Intacct to leverage its functionalities to create reports, analyze financial data, and support decision-making.
• Knowledge of the unique business requirements of WSIAT departments, including their operations, programs, and strategic goals to provide relevant insights and conduct financial analysis activities that address their unique needs.
• Experience with computer applications for word processing, spreadsheet, database to create various financial reports and related documentation.
• Proactive decision-making to identify inefficiencies, recommend improvements, and address discrepancies in financial data; takes initiative to implement process enhancements and ensure data integrity.

Communication Skills:

• Verbal and written communications to provide advisory services to clients, prepare and present financial reports and related documents, to translate complex financial data into actionable insights.
• Interpersonal and collaboration skills to engage in meetings to foster cross-departmental relationships and provide relevant financial insights that drive operational and strategic goals and promote fiscal responsibility.

Additional Information:

Background Check:
As a precondition of employment, the WSIAT requires that the final external candidate for this position, prior to commencing employment, is required to undergo both a criminal record and social media search. Other types of background checks may also be requested such as education verification and professional credential validation.

Application Instructions:

ForINTERNAL candidates, please follow these directions:
1. Please log onto your ADP account and select Myself>Talent>Career Centre.
2. Customize your cover letter and resume to the qualifications listed on the job ad. Using concrete examples, please show how you demonstrated the requirements for this job. If you require accommodation for a disability during any stage of the recruitment process, please notify us, confidentially, [email protected]. Recruitment staff will contact you within 48 hours.ss

For EXTERNAL candidates, please follow these directions:
1. Please submit your resume and cover letter through our online WSIAT Career Centre
2. Customize your cover letter and resume to the qualifications listed on the job ad. Using concrete examples, please show how you demonstrated the requirements for this job.
3. If you require accommodation for a disability during any stage of the recruitment process, please notify us, confidentially, at [email protected]. Recruitment staff will contact you within 48 hours.

Additional information:

Address:

• 1 English Permanent, 505 University Ave, Toronto, Toronto Region, Criminal Record Check

Compensation Group:

Excluded

Schedule:

N/A

Category:

Finance and Economics

Posted on:

Friday, January 17, 2025

Note:

• In accordance with the Ontario Public Service (OPS), Employment Screening Checks Policy (ESCP), the top candidate(s) may be required to undergo a security screening check. Refer to the above to determine the screening checks that are required for this position. Required security screening checks along with your written consent, will be sent to the Transition and Security Office (TSO), Corporate Talent Programs Branch, Talent and Leadership Division to evaluate the results. If applicable, the TSO, with your written consent, will request and obtain any additional employment screening checks that were not obtained directly by you. A record under the Criminal Code and/or other federal offence record(s) does not automatically mean you will be ineligible for the position. The employment screening check(s) will only be reviewed and evaluated by the TSO for the purpose of making a security clearance decision. The details of an individual's employment screening check(s) will be considered in specific relation to the duties and responsibilities of the position being filled. Employment screening check records will be maintained by the TSO and kept strictly confidential.

How to apply:

1. You must submit your application using only one of the methods identified below.
2. Your cover letter and resume combined should not exceed five (5) pages. For tips and tools on how to write a concise cover letter and resume, review the Writing a Cover Letter and Resume: Tips, Tools and Resources.
3. Customize your cover letter and resume to the qualifications listed on the job ad. Using concrete examples, you must show how you demonstrated the requirements for this job. We rely on the information you provide to us.
4. Be sure to quote the Job ID number for this position.
5. OPS employees are required to quote their WIN EMPLOYEE ID number when applying.

Send application to:

Please see application instructions provided above.

Collection of Information

Your personal information is being collected and will be used to determine your qualifications for employment with the Ontario Public Service, and for recruitment modernization initiatives. OPS Careers is an authorized common service in accordance with s. 6 of the Ministry of Government Services Act, R.S.O. 1990, c. M.25 and this collection of personal information is necessary to the proper administration of OPS Careers.

Please do not provide more personal information than what is asked of you. For example, do not include your social insurance number, photograph, or banking information, etc. with your application. We strongly encourage you not to provide us with information beyond that which is requested in the job posting.

If you have any questions about the collection, use, disclosure, or retention of your personal information, please contact us.

All external applicants (including former employees of the Ontario Public Service) applying to a competition in a ministry or Commission public body must disclose (either in the cover letter or resume) previous employment with the Ontario Public Service. Disclosure must include positions held, dates of employment and any active restrictions as applicable from being rehired by the Ontario Public Service. Active restrictions can include time and/or ministry-specific restrictions currently in force, and may preclude a former employee from being offered a position with the Ontario Public Service for a specific time period (e.g. one year), or from being offered a position with a specific ministry (either for a pre-determined time period or indefinitely). The circumstances around an employee's exit will be considered prior to an offer of employment.

Remember:

The deadline to apply is Monday, January 27, 2025 11:59 pm EST. Late applications will not be accepted.

We thank you for your interest. Only those selected for further screening or an interview will be contacted.

All Ontario Public Service external job advertisements are posted in English and French. To confirm the language requirements of a job, check the "language of position" information at the top of each job ad. For all positions, candidates will be assessed in English, the business language of the Ontario Public Service. For English/French designated bilingual positions, candidates will also be assessed through French-language proficiency testing.

Toutes les offres d'emploi externes de la fonction publique de l'Ontario sont affichées en anglais et en français. Pour connaître les exigences linguistiques, vérifiez les renseignements sur la « langue du poste » figurant dans le haut de chaque offre d'emploi. Pour tous les postes, l'évaluation des candidates et candidats se fera en anglais, la langue usuelle de la fonction publique de l'Ontario. En ce qui concerne les postes désignés bilingues, la maîtrise du français des candidates et candidats sera également évaluée.

The Ontario Public Service is an inclusive employer.

Accommodation is available under the Ontario's Human Rights Code.

Note: The only website where you can apply on-line for positions with the Ontario Public Service is http://www.gojobs.gov.on.ca