The City of Toronto has issued a notice regarding the employment of qualified candidates for the position of budget and financial analyst. This position is open to individuals who are both eligible and willing to apply. They are appointed to this position to recommend policies and implement detailed plans that address program-specific requirements. Registration for this position has commenced and will conclude shortly.
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Detalis for Budget & Financial Analyst Jobs in Canada:
- Employer Name: City of Toronto
- Position: Budget & Financial Analyst
- No. of vacancies: 1
- Salary: $93,734 to $123,449 per year
- Employment Type: Full-time
- Location: City Hall, 100 Queen St. W, Canada
Description of Budget & Financial Analyst Jobs in Canada:
- Candidates who are interested in this position are responsible for ensuring that the project expenditures are controlled and maintained within the approved budget limitations.
- Additionally, they are appointed to oversee the preparation, analysis, implementation, and monitoring of the operating and capital budgets by the corporate and divisional budgetary guidelines in effect at this position.
- Applicants who are interested in this position must establish effective professional relationships with divisional staff, Corporate Finance, contracted agencies, provincial counterparts, internal and external auditors, and other relevant parties.
- They are appointed to this position to serve as a resource person for the Division’s management staff in the areas of budgeting, accounting, auditing, internal control, and all other financial matters that are relevant to work at this post.
Requirement for Budget & Financial Analyst Jobs in Canada:
- Candidates who are interested in this position must have completed post-secondary education in a field that is relevant to the job function, such as Business Administration, Finance, or Accounting, or have an equivalent combination of education and experience.
- In order to be considered for this position, candidates must have a demonstrated history of financial planning and the formulation of operating and capital budgets within a large public sector organization.
- Highly developed analytical, negotiation, conflict resolution, and problem-solving skills are required of candidates.
- In order to be considered for this position, candidates must possess exceptional interpersonal skills, which encompass both written and verbal communication.
Benefits of Budget & Financial Analyst Jobs in Canada
- Competitive Salary: Budget and financial analysts in Canada typically receive a competitive salary, which is contingent upon their location and level of experience. Typically, they can anticipate an annual salary ranging from CAD 60,000 to CAD 90,000, with the potential for increased earnings as they advance in their careers or assume more senior positions.
- Job Security: These positions are indispensable in organizations, particularly those that operate in the public sector, healthcare, and large corporations. These positions are relatively stable due to the necessity of financial supervision and planning to maintain budgets and support strategic decisions.
- Opportunities for Career Development: This field offers a plethora of opportunities for career advancement. Analysts may advance to senior financial management roles, including Chief Financial Officer (CFO), Director of Finance, or Finance Manager.
- A Diverse Range of Industries: Budget and Financial Analysts are required in a variety of sectors, such as government, healthcare, education, private corporations, and nonprofit organizations. This offers professionals a diverse selection of industries to pursue, based on their interests.
- Work-Life Balance: Numerous organizations in Canada provide flexible working conditions, including remote work and flexible hours, which can result in a more favorable work-life balance for professionals.
- Comprehensive Benefits: These positions frequently include a variety of benefits, such as health insurance, retirement plans, compensated time off, and professional development programs. In the public sector, these advantages are especially potent.
- Sponsorship of Work Visas for Foreign Workers: Canada offers opportunities for work visa sponsorship to international professionals, particularly in provinces with labor shortages in finance and accounting.
- Career Advancement: Canada provides substantial assistance for ongoing learning and development, such as the opportunity to obtain certifications such as the CPA (Chartered Professional Accountant) or CFA (Chartered Financial Analyst), which can improve one’s employment prospects.
- Diverse and Inclusive Work Environment: Canada is renowned for its multicultural workforce, which fosters a welcoming and inclusive atmosphere for professionals from all over the globe.
- Canadian workplaces frequently: prioritize employee well-being by fostering a collaborative and supportive work environment. This has the potential to improve job satisfaction and overall professional development.
Work setting:
- The individuals who submitted applications for this position are also responsible for directing, training, and coordinating the Division’s personnel in the areas of budgeting, accounting, and purchasing policies and procedures.
How to apply
To apply for this position, applicants who are both eligible and intrigued must click on the “Apply Now” link provided below. They must ensure that the information they provide in the application form is accurate. Otherwise, the registration will be canceled.
Frequently Asked Questions:
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Are financial analysts in demand in Canada?
Over the period 2022-2031, the number of job openings (arising from expansion demand and replacement demand) for financial and investment analysts is expected to total 23,700, while the number of job seekers (arising from school leavers, immigration and mobility) is expected to total 29,700.
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Which degree is best for budget analysts?
Budget analysts typically need at least a bachelor’s degree in fields such as business, social science, psychology, or mathematics. Because developing a budget requires numeracy and analytical skills, coursework in accounting, economics, and statistics is helpful.
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How to get a job as a financial analyst in Canada?
Pursue a degree course to learn the principles of working as a financial analyst. You can also join the role by completing industry courses and on-the-job training. Certification: Financial analysis is a regulated profession in Canada, and you require professional certification from a regulatory authority.
