Job Analysis 800-1000 words

Career Group:

Finance

Job Family:

Accounting

Job Stream: Role:

Technical

Revised Date:

November 2011

JOB PROFILE JOB STORE # 335

TITLE: FINANCIAL ANALYST CLASSIFICATION:

POSITION #: 47525

SUPERVISOR’S TITLE: MANAGER, BANKING & CLIENT SERVICES MINISTRY: FINANCE DIVISION: PROVINCIAL TREASURY BRANCH: BANKING & CASH MANAGEMENT

PROGRAM

The Banking & Cash Management Branch (BCM) enables government to collect and disburse funds through financial transactions. Under the authority of the Financial Administration Act (FAA) and government core policy and procedures, BCM is responsible for the banking infrastructure and services that enable government to complete financial transactions with citizens, customers, vendors and employees and ensures the effective management of government funds related to these transactions. BCM accomplishes its mandate by:

• procuring and implementing banking services; • managing banking relationships, financial transactions and banking infrastructure (e.g. bank accounts); • developing new revenue collection and payment solutions, and onboarding ministry client stakeholders; • providing expert financial and banking advice to assist ministry stakeholders in the development of

their respective revenue collection and payment processes; • operating several interdependent and interrelated systems that deliver core financial operations

relating to payments and revenue collection as part of the government’s corporate financial system; • maintaining the security and compliance standards for financial transactions; and • effectively managing the cash and investments of the Consolidated Revenue Fund, and forecasting the

daily balance of cash created and required by receipts and disbursements.

JOB OVERVIEW The position is one of three Financial Analyst positions responsible for the management and daily operation of corporate banking and payment services (Internet payment, Point of Sale machine, Online banking, Pre-authorized Debit, Electronic Fund Transfer, Cheques) in use by all government business programs. This includes ensuring all the payment services are available and uninterrupted, banking transactions are processed by business critical systems accurately and revenues are recorded into CAS. All

Career Group:

Finance

Job Family:

Accounting

Job Stream: Role:

Technical

Revised Date:

November 2011

financial analysts are responsible to ensure the CRF accounts in all Financial Institutions are balance. One of the primary functions of this position is to manage the Central Deposit Program which currently has $1.2B in deposit from the SUCH sector. The incumbent works in highly challenging environment coordinating amongst the Financial Institutions, Ministries and SUCH sector’s CFOs and financial staff.

ACCOUNTABILITIES

• Accountable for the uninterrupted operations, accuracy and integrity of the business rules of banking and payment solutions.

• Accountable for daily active and timely management of revenue recording and payment processing services in support of all ministries. This includes management of critical business applications Treasury Deposit Information System (TDI) and Journal Voucher System (JVS).

• Accountable for daily active and timely management of SUCH sector and Crown Corporations’ certificate of accounts and central deposit programs. This includes management of critical business applications Certificate of Approval (COA) and Central Deposit Program (CDP).

• Accountable for daily monitoring and overseeing the availability, accuracy and integrity of business critical payment channels used by the citizens and businesses of BC in support of the revenue programs across government. The payment channels are Internet Online, Point Of Sale, Online Banking, payment at Financial Institutions (FIs), Pre Authorized Debit (PAD) and Electronic Funds Transfer (EFT).

• Accountable for daily management and resolution of financial issues resulting from dishonoured cheques (Returned Items Chargeback Systems), credit card chargeback, returns and refunds. This includes supporting the ministries in resolution of the discrepancies of their revenue CAS GL accounts and the seven FIs’ CRF GL accounts owned by Treasury.

JOB REQUIREMENTS

• Secondary School graduation and enrolment in a recognized financial management program, or an equivalent combination of education, training and experience.

• Experience with working with financial accounting systems, procedures and internal controls.

• Knowledge of accounting principles, procedures and financial policies.

• Knowledge of computer systems.

• Successful completion of security screening requirements of the BC Public Service, which may include a criminal records check, and/or Criminal Records Review Act (CRRA) check, and/or enhanced security screening checks as required by the ministry

BEHAVIOURAL COMPETENCIES

Career Group:

Finance

Job Family:

Accounting

Job Stream: Role:

Technical

Revised Date:

November 2011

• Business Acumen is the ability to understand the business implications of decisions and the ability to strive to improve organizational performance. It requires an awareness of business issues, processes and outcomes as they impact the client's and the organization's business needs.

• Holding People Accountable involves setting high standards of performance and holding team members, other government jurisdictions, outside contractors, industry agencies, etc., accountable for results and actions.

• Problem Solving/Judgement is the ability to analyze problems systematically, organize information, identify key factors, identify underlying causes and generate solutions.

• Teamwork and Co-operation is the ability to work co-operatively within diverse teams, work groups and across the organization to achieve group and organizational goals. It includes the desire and ability to understand and respond effectively to other people from diverse backgrounds with diverse views.

• Service Orientation implies a desire to identify and serve customers/clients, who may include the public, co-workers, other branches/divisions, other ministries/agencies, other government organizations, and non-government organizations. It means focusing one’s efforts on discovering and meeting the needs of the customer/client.

• Customer/Client Development involves the genuine intent to foster the learning or development of a diverse clientele. "Customers/clients" include the public, internal clients, colleagues, partners, co- workers, peers, branches, ministries/agencies and other government organizations.