Selection Process Number:

26-27-SIF-EA-JR100665

Employment Tenure:

Term 12+ months

Positions Available:

2

WHO CAN APPLY

Persons residing in Canada, and Canadian citizens and Permanent residents abroad.

IMPORTANT INFORMATION

This poster will close at 12:00 AM EST on the posting’s indicated closing date (note that for those in the Pacific Time Zone, this corresponds to 9:00PM PST on the previous day). To be considered, your application must be submitted before the specified deadline.

If you experience any technical issues submitting your application, please email a screenshot of the issue to [email protected].

Due to weekly system maintenance, Workday will be unavailable for 3 hours every Friday from 11pm to Saturday 2am EST.

We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you need to be accommodated during any phase of the evaluation process, please use the Contact information below to request specialized accommodation. All information received in relation to accommodation will be kept confidential.

Information on assessment accommodation.

RESUME

Applicants must submit a resume as part of this job application. Do not include a cover letter as part of your submission.

POSITION DETAILS

CLASSIFICATION

This position is classified at the RE-05 group and level which is roughly equivalent to the CT-FIN-03 group and level.

LOCATION

Both positions are located in Ottawa. Working from the Toronto office may be approved, depending on worksite availability.

OSFI’s work model includes telework and mandatory onsite presence. The terms of the employee’s telework arrangement will be established in accordance with the Directive on Telework and related organizational directions. These arrangements must be reviewed annually, at a minimum, and can be subject to change.

PROCESS INTENT

The immediate need is to staff 1 position with a language requirement of English essential and 1 position with a language requirement of bilingual imperative (CBC/CBC) on a term basis.

A pool of qualified or partially qualified candidates may be created to staff similar or identical positions with various linguistic profiles (bilingual imperative, bilingual non-imperative, English essential or French Essential), security requirements, tenures, and/or locations within the Office of the Superintendent of Financial Institutions (OSFI), which may vary according to the position being staffed.

KEY RESPONSIBILITIES  

Financial Accounting, Reporting and Systems Analyst

Reporting to the Manager, Financial Accounting and External reporting, the Financial Accounting, Reporting and Systems Analyst supports financial accounting, reporting, and financial systems activities to ensure the accuracy and integrity of financial information. The incumbent prepares and analyzes financial reports, performs reconciliations, supports period-end processes, and contributes to compliance with accounting standards and internal controls. The position also provides advice on financial reporting and systems, develops reporting tools, and supports system enhancements and process improvements.

Financial Analyst

Reporting to the Manager, Financial Planning and Analysis, the Financial Analyst provides financial planning, budgeting, forecasting, reporting, and advisory services to support effective decision-making. The incumbent monitors financial performance, analyzes variances, prepares financial reports, and develops recommendations for managers and senior leaders.

ESSENTIAL QUALIFICATIONS

Official Language Proficiency

Various Language Requirements

• English Essential
• Bilingual - Imperative (CBC/CBC)

Information on language requirements

In order to be considered, your application must clearly explain how you meet each of the following education and experience criteria.

ALL STREAMS

As this criterion applies to all positions you must possess the merit criterion below:

ESSENTIAL EDUCATION

• A degree from a recognized post-secondary institution with specialization in accounting, finance, business administration, commerce, economics or other relevant field.
• A relevant recognized professional designation.

IMPORTANT NOTE: Foreign education and Canadian equivalency

All candidates with foreign education credentials (i.e., any education obtained outside of Canada) must obtain the Canadian equivalency. If you currently have foreign education credentials, please initiate the process of obtaining this equivalency as soon as possible to avoid unnecessary delays, as this process can take up to several months. The following link contains information on the institutions that provide this service: Foreign Credential Validation against Canadian Standards. Only equivalencies provided by the listed institutions will be considered valid and acceptable.

ESSENTIAL EXPERIENCE

• Recent (1*) and significant (2*) experience in financial analysis, financial reporting, corporate accounting or financial planning, budgeting and forecasting, and/or financial systems support.
• Recent (1*) and significant (2*) experience providing financial advice, guidance, and recommendations to management and stakeholders.
• Recent (1*) and significant (2*) experience using financial management systems such as SAP, Workday, or similar ERP systems.
• Experience using advanced Excel functions, including pivot tables and data analysis tools, to analyze and manipulate financial data.

*NOTE:

(1*) Recent is defined as ANY relevant experience gained within approximately the last five years.

(2*) Significant is defined as the depth and breadth of the experience normally associated with the performance of the duties for a period of four years.

The following essential knowledge, competencies and abilities will be assessed at a later date.

ESSENTIAL KNOWLEDGE

• Knowledge of accounting concepts, principles, and standards, including the application of Public Sector Accounting Standards (PSAS).
• Knowledge of financial reporting requirements and financial information used to support management decision-making.
• Knowledge of financial accounting or financial management principles, practices, and controls, including financial analysis.

ESSENTIAL COMPETENCIES

• Critical thinking
• Results orientation
• Collaboration

ESSENTIAL ABILITIES

• Ability to communicate effectively in writing
• Ability to communicate effectively verbally
• Ability to demonstrate integrity
• Ability to communicate financial information to audiences with varying degrees of financial expertise
• Ability to interpret financial information and make recommendations

ASSET QUALIFICATIONS

If you possess any of the following education or experience criteria, your application must clearly explain how you meet them (may be needed for the job).

ASSET EDUCATION

• A relevant graduate degree from a recognized post-secondary institution.

ASSET EXPERIENCE

• Experience supporting financial system implementation, enhancement, testing, or process modernization initiatives.
• Experience developing dashboards, reports, or data visualizations using Power BI or similar business intelligence tools.
• Significant (2*) experience in two or more of the following areas: corporate accounting and reporting, financial planning and analysis, financial operations, financial policy, costing, internal controls, or financial systems administration
• Significant (2*) experience in one or more of the following areas: corporate accounting and reporting, financial planning and analysis, financial operations, financial policy, costing, internal controls, or financial systems administration in a public-sector environment.

*NOTE:

(2*) Significant is defined as the depth and breadth of the experience normally associated with the performance of the duties for a period of 4 years.

The following asset knowledge, may be assessed at a later date.

ASSET KNOWLEDGE

• Knowledge of the Financial Administration Act (FAA) and Treasury Board policies, directives, and guidance related to financial management

CONDITIONS OF EMPLOYMENT

• Security – Reliability Status
• The ability to work remotely from home within Canada with access to the Internet in one’s residence is a condition of employment.
• Ability and willingness to work overtime.

ORGANIZATIONAL NEEDS

Retaining OSFI affected/opting employees

OSFI is committed to having a skilled and diverse workforce representative of the Canadian population. In order to meet our employment equity objectives, selection for this position may be made from among qualified candidates who self-declare as belonging to one or more of the following Employment Equity groups: Persons with a disability, Indigenous Peoples, Members of a Visible Minority, or Women. OSFI is committed to diversity and inclusion, and we strongly encourage candidates to self-declare if they belong to one of these designated employment equity groups.

OTHER INFORMATION

• Organizational needs may be applied first, therefore, OSFI affected/opting employees may be given first consideration over other applicants. Please note that in some cases deployments may also be considered for the retention of employees.
• The Public Service of Canada is committed to building a skilled and diverse workforce that reflects the Canadians we serve. We promote employment equity and encourage you to indicate if you belong to one of the designated groups when you apply. Employment equity - Canada.ca
• Preference will be given to veterans first and then to Canadian citizens and permanent residents, with the exception of a job located in Nunavut, where Nunavut Inuit will be appointed first. Information on the preference to veterans
• We thank those who applied; however, only candidates selected for further consideration will be contacted.
• Eligible candidates may be considered and offered a deployment before considering other applicants.
• A DEPLOYMENT is a permanent movement of an employee at level or equivalent level within an organization to another organization in the core public administration, the OAG, or to the five separate agencies named in Schedule V to the FAA whose appointments are made in accordance with the Public Service Employment Act (PSEA). A deployment does not constitute a promotion or change a person's period of employment from a specified term to indeterminate.
• The use of generative artificial intelligence (AI) tools, sites, and applications based on large language models (e.g. ChatGPT, Dall-E, Microsoft Copilot), is permitted for this application. You must cite any AI tool used by identifying the AI-generated content and its source.
• OSFI is a separate agency with its own classification and compensation system. OSFI's staffing is subject to the Public Service Employment Act (PSEA).
• All written and verbal communication obtained throughout the staffing process, from the time of application to close of process, may be used to evaluate the candidate.
• Candidates must meet all of the essential qualifications to be appointed; however, depending on the requirements of the specific position(s) being staffed, one or more asset criteria or organizational need may be invoked at any stage of the process.
• Staffing strategies such as random selection, top-down approach and/or establishing cut-off scores to determine who will continue in the staffing process, may be used for the purpose of managing applications.
• Please note that although you may attain the established pass mark on any of the assessments used in this staffing process, management may decide to use a higher cut off score.
• During the staffing process, various assessment methods can be utilized, including but not limited to written exams and interviews. These assessments may be conducted either remotely or in-person at one of our OSFI offices (Toronto, Ottawa, Montreal or Vancouver).
• Candidates are entitled to participate in the appointment process in the official language of their choice.
• Email correspondence will be the primary method of communication with candidates for this selection process. Ensure you check your spam folder for any communications from OSFI ([email protected]). You must provide valid and updated contact information.
• All job applications must be submitted through Workday: OSFI’s recruiting platform. Do not email your application as it will not be accepted. To submit an application online, please click on the "Submit" button.
• If you have a limitation that may impact your performance at any step of the assessment process (such as submitting the application, written test, or an interview), you may request an accommodation. Assessment accommodations are designed to remove barriers, and to ensure that candidates with limitations can fully demonstrate their abilities. Should you wish to be accommodated, please inform us by sending an e-mail to the following address: [email protected]. All information received in relation to accommodation will be kept confidential.
• You are responsible for ensuring that the personal information provided in your candidate profile in Workday is accurate and up to date (e.g., contact information, status of any priority entitlements, veteran/mobility status, citizenship, etc.). If your personal information needs to be updated after you have submitted your application, you must contact us at [email protected]. Failure to do so may mean that you are either not considered or eliminated from the process.

CONTACT INFORMATION

OSFI Staffing Team

EMAIL:

[email protected]

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