Financial Analyst Job Listing at City of Edmonton in Edmonton, AB (Job ID 52159)

Description

Are you a seasoned accounting professional with a knack for streamlining complex accounts receivable processes and leading a dynamic team? We're seeking a highly skilled individual to support our Accounts Receivable Manager, providing senior technical accounting expertise in the control, processing, and maintenance of diverse billings, financial systems, and records. In this pivotal role, you'll take the lead in planning, organizing, and reviewing the work of direct reports, while also critically analyzing our AR systems and related financial processes to drive improvements. 

Your ability to develop insightful recommendations, generate comprehensive performance reports, and conduct complex financial analyses will be crucial. Furthermore, you'll play a key role in ensuring continuity by providing coverage for the Corporate AR Manager and other team leads, contributing to the overall efficiency and effectiveness of our finance department.

What will you do? 

• Lead the investigation to research and assess best practices. Weigh City's performance against industry best practices. Devise, create, recommend and implement appropriate best practices
• Evaluate collection agencies performance, review collection techniques and investigate customer complaints of agency conduct
• Assess the impact of policy and legislative changes on other policies and procedures relating to Accounts Receivable Management
• Design appropriate training and collection efforts for direct reports with information, guidelines and direction on AR processing requirements. These include legal requirements for garnishee summons or third party demands
• Provide reports to management on the status of bad debt, write-off and bad debt allowance including chronic problem accounts
• Administer and coordinate the work functions of direct reports by scheduling, allocating their work and vacation schedules to ensure resources are in place for efficient and effective delivery of services to client departments and external customers
• Guide teams by building and providing leadership, coaching, counselling and enabling employees through empowerment and sharing information
• Approve directly or through subordinates performance measurement methodology, timing and reporting to ensure effective and efficient service delivery
• Research and determine the type of financial information and statistical data required to report on performance measures and benchmarking trends for the department
• Consult with customers to resolve complaints and verify financial and credit transactions
• Other related responsibilities