Financial Analyst - Reporting (Temporary approx. 12 months)

People, Place, Prosperity

Working within our Strategic Plan, Cambridge Connected, and committing to our values of Integrity, Respect, Inclusiveness and Service, the successful candidate will work together to help the City of Cambridge achieve our vision: A place for people to prosper – alive with opportunity. 

Job Profile

Reporting to the Supervisor of Accounting and Financial Reporting, this position supports the integrity and reliability of the City’s financial data through ongoing system reconciliations and controls. The position requires exceptional attention to detail, strong organizational skills, and analytical capabilities to review, interpret, and document financial and business processes, identify improvement opportunities, prepare and review journal entries, and map streamlined workflows that support better decision-making. The role supports the preparation of the city’s financial statements and financial information return including audit working papers ensuring continued compliance with public sector accounting standards. Provides guidance and technical support to end users on financial systems and related business processes, serving as a finance subject matter expert to departments across the organization.

What you will be doing

Financial Reporting

1. Support the preparation of the City’s annual consolidated financial statements, Financial Information Return (FIR), and other year-end reporting deliverables. This includes preparing and reviewing reconciliations, audit working papers, and coordinating required documentation from internal departments and external partners.
2. Act as a key point of contact for audit support by gathering, organizing, and responding to information requests from external auditors, and by addressing inquiries to support a smooth and timely audit process.
3. Prepare financial analyses and reporting materials that clearly communicate results, trends, and risks.
4. Monitor and assess changes to Public Sector Accounting Board (PSAB) standards, evaluating impacts to the City’s financial reporting framework, systems, and processes. Identify risks, recommend improvements, and support the development and implementation of effective controls, policies, and procedures.
5. Ensure compliance with reporting requirements related to grant funding received by the municipality. Prepare, review, and validate grant applications and funding reports for completeness, accuracy, and adherence to funding agreements.

Accounting

1. Perform financial analysis and reconcile assigned general ledger and balance sheet accounts. Prepare monthly reconciliations, investigate variances, and work collaboratively with departments to resolve reconciling items in a timely manner.
2. Prepare and review journal entries and accounting adjustments to ensure transactions are accurately recorded in accordance with applicable accounting standards and internal policies.
3. Research and analyze accounting and HST-related matters. Prepare clear, well-documented summary memos that outline issues, conclusions, and recommendations to support compliance and management decision-making.
4. Monitor, test, and support the effectiveness of internal control policies and procedures, and assist in addressing issues identified by leadership, auditors, or through internal reviews.
5. Support Tangible Capital Asset (TCA) reporting by reviewing and consolidating information submitted by Budget Analysts. Verify capital project settlements, reconcile additions, transfers, work-in-progress, and disposals, and assist with year-end reporting and audit requirements.

Other

1. Provide guidance and technical support to end users on financial systems and related business processes, serving as a finance subject matter expert to departments across the organization.
2. Research financial reporting and accounting best practices, and make recommendations to enhance financial policies, processes, and controls in support of corporate objectives.
3. Contribute to special financial, accounting, audit-related, or system-improvement projects, and perform other related duties as assigned.

Education

• University degree in Business, Accounting, Finance, or a related field.
• A professional accounting designation (CPA or legacy designations such as CA, CGA, CMA), or progress toward obtaining such designation, is considered an asset. 

Experience and Knowledge

• Three (3) years Accounting at an intermediate level.
• Three (3) years advanced experience using Excel.

We will ask you for these items if you are hired

• Proof of your current and valid certificate(s) and/or educational qualifications.
• Valid G driver's license.
• Worker Health and Safety Awareness Training certificate from the Ministry of Labour. (may be obtained post offer).

Your compensation

This position is within Grade 3 of the non-union salary schedule and has an annual salary range of $76,444 - $93,255.  We offer a comprehensive benefit package and are an Ontario Municipal Employees Retirement System (OMERS) employer.

Hours of work

The current regular hours of work are 8:30 am to 4:30 pm (35 hours per week), Monday to Friday, with occasional evenings as required.

Work Location

This position is located at Cambridge City Hall, 50 Dickson Street, Cambridge, Ontario.

Advertisement expiration date

Interested candidates should apply on the City of Cambridge website.  This posting will close on April 16, 2026.

Accommodation needs and protection of privacy

The City of Cambridge recognizes and appreciates diversity and inclusion enhances our public value commitment.

We strive to create an accessible and inclusive experience and encourage all qualified people to apply, including and especially people from equity-deserving groups. Qualified applicants will receive consideration for employment with honour and respect toward their individual dimensions of diversity.

We strive to remove barriers that may prevent qualified applicants from fully participating in the recruitment and selection process.  Accommodation in accordance with the Ontario Human Rights Code and other applicable legislation is available throughout all stages of the recruitment and selection process. Please contact Human Resources to make your needs known in advance.

For more information on our Employment Equity, please read our full policy.

Personal information collected in relation to the recruitment process is collected under the authority outlined in the Municipal Freedom of Information and Protection of Privacy Act and used solely to determine eligibility for employment with the City of Cambridge only.