Budget Analyst

Government of Nunavut; Iqaluit; On-site; CAD 70,000 - 90,000; Full time

Job summary

A public sector organization is seeking a Budget Analyst in Iqaluit to coordinate the budget management process and ensure compliance with financial standards. This role requires a recognized bachelor's degree in commerce or business administration, along with two years of senior accounting experience. Key responsibilities include preparing budgets, monitoring financial reports, and supporting management in financial planning. The ideal candidate will demonstrate knowledge of Inuit principles and possess a strong foundation in financial compliance.

Qualifications

• 2 years of senior accounting experience managing budgets.
• Experience with contribution agreements and third-party funding.

Responsibilities

• Coordinate the budget control process for the Department.
• Prepare budgets and variance reporting templates.
• Ensure compliance with financial regulations.

Skills

Budget management

Financial reporting

Compliance with FAM and GAAP

Inuit Qaujimajatuqangit principles

Education

Bachelor’s degree in commerce or business administration

Accounting designation (CPA, CA, CMA, CGA)

Job description

This employment opportunity is restricted to residents of Iqaluit only.

Reporting to the Controller, the Budget Analyst (Analyst) coordinates the budget control process for the Department to ensure that expenditures are effectively planned and incurred. The incumbent actively contributes to informing the key financial planning processes (e.g., Main Estimates, Financial Management Broad (FMB) submissions, Requests for Decision, Business Plan, variance reports, financial forecasts, financial briefing material and expenditure management reports). The Analyst monitors the Department’s third party funding arrangements and works with managers to ensure appropriate budgets, expenditures, and financial reports are completed.

The Budget Analyst safeguards the Department’s assets by ensuring compliance with the Financial Administration Act (FAM), Public Sector Accounting Standards (PSAS), Generally Accepted Accounting Principles (GAAP), and all applicable government and departmental financial and administrative policies and regulations. More specifically, this position coordinates the financial planning and budget control process for the Department (inclusive of third party funding). In doing so, this position works directly with senior departmental managers to:

• Determine budget requirements and coordinate budget planning and preparation processes with a view to ensuring Main Estimates for the Department contain the necessary funding to allow the Department to fulfill its mandate.
• Prepare critical working templates (e.g., budget worksheets, budget vouchers, variance reporting templates, compliance spreadsheets, etc.) allowing for the adequate distribution of O&M funds.
• Ensure all invoices are coded to the correct budget codes.

The Budget Analyst supports the Department in the application of its Project Management Process Administrative Directive and participates in committees (as and when required) that pertain to the activities of the Division and/or the Department as a whole. Additionally, this position ensures that the services and supports they provide reflect and are aligned with Inuit Qaujimajatuqangit (IQ) principles.

The knowledge, skills, and abilities required for this job are usually obtained through a recognized bachelor’s degree in commerce or business administration plus two years (2) of progressively senior accounting experience which must include experience accurately managing budgets and applying budget controls and one (1) year experience working with contribution agreements and third-party funding agreements. Completion of an accounting designation (CPA, CA, CMA, CGA) would be considered an asset.

Eligibility Requirements

• The Government of Nunavut is committed to creating a representative workforce; therefore, priority will be given to Nunavut Inuit who self-identify as being enrolled under the Nunavut Agreement in accordance with the Priority Hiring Policy.
• Government of Nunavut employees serving a probationary period must obtain and provide written authorization from the deputy head of their employing department. The authorization from the deputy head must accompany your application for your application to be considered.
• Possession of a criminal record may not disqualify candidates from being considered. An assessment of the criminal record will be measured against the scope and duties of the position. This is only a requirement for positions that require a satisfactory criminal record or vulnerable sector check.
• Applicants may submit their resume in any of the Official Languages of Nunavut.
• Only those candidates selected for an interview will be contacted.
• The onus is on candidates in receipt of foreign post-secondary education credentials to have their foreign credentials assessed through a recognized Canadian education institution. Failure to do so may result in the rejection of their application.