The Capital Assets Coordinator/Analyst is responsible for the maintenance of the City’s Tangible Capital Asset Accounting Program. This position will coordinate and monitor the annual capital budget and prepare financial reports in compliance with Public Sector Accounting Board (PSAB). Main responsibilities include, but are not limited to:
- Oversee, improve and maintain accounting systems (capital assets in particular) and processes to reflect best practices, generally accepted accounting principles, Public Sector Accounting Board (PSAB) and Canadian Institute of Chartered Accountants (CICA) standards and requirements
- Coordinate the preparation of annual capital budget with all departments
- Financial reporting and supporting statistics/analysis of capital projects
- Preparation of the capital section of the Financial Information Return and preparation of the working papers and various supporting schedules with respect to capital assets for the Financial Report
- Manage and maintain an electronic capital asset accounting management system (City Wide Asset Management System Program) for all departments, boards or agencies. Including accounting, amortization schedules, journal entries, full accrual accounting and inventory of capital assets. Reconciliation of City Wide Program with City general ledger for capital assets.
- Responsible for asset inventories, valuation, analysis and accuracy of all asset information to ensure compliance with City Tangible Capital Asset Policy and PSAB requirements.
- Provide technical and advice regarding the acquisition, recording, reporting, capitalization, amortization, write-downs, maintenance and disposal of tangible capital assets.
- Prepare and coordinate all year end documentation, analysis and reporting for audit purposes.
- Monitor actual capital expenditures compared with budget and prepares regular variance reports
- Implement new financial processes in accordance with City policy and compliance with PSAB requirements.
- Efficiently and effectively integrate existing departmental asset management with an asset management accounting system.
- Ensure policies for capturing and recording asset information are reflected in the capital budget process and any tendering process
- Ensure project plans which define tasks, timelines and resources required to implement the tangible capital asset accounting program.
- Develop policies and procedures for accounting and financial reporting of capital budgets.
- Ensure timely and cost effective results in compliance with corporate and legislative requirements.
- Preparation, filing, reconciliation and reporting for all capital grant applications and spending.
- Assist in preparing oral and written presentations to management and Council.
The ideal candidate will have a University Degree in Business Administration and Financial Management and a Professional Accounting Designation (CGA or CMA) preferred or equivalent. You will have a minimum of four (4) years progressive experience preferably within the Ontario municipal financial context with emphasis on capital budgeting, capital assets recording, cost accounting and reporting. Experience in public sector accounting is required.
For full details, please see the job description at www.portcolborne.ca
This is a temporary unionized position and will last up to 18 months. The hourly rate is $34.83 for a 35-hour work week.
To confidentially explore this exciting and challenging opportunity, please submit your resume and cover letter quoting Competition #2021-108 by 4:00pm on February 4, 2022.
City of Port Colborne
66 Charlotte Street, Port Colborne, Ontario L3K 3C8
Email: hr@portcolborne.ca
Fax: 905-835-2969
Please note that the City of Port Colborne requires that all newly hired employees are to be fully vaccinated against COVID-19 as a condition of being hired and provide proof of full vaccination, or provide proof of a bona fide medical or Human Rights Code exemption on a form issued from and approved by the City of Port Colborne.
We thank all those who apply but advise that only those applicants selected for an interview will be contacted. The City of Port Colborne is an equal opportunity employer. Accommodations are available for all parts of the recruitment process. If contacted for an interview, please advise the Human Resources staff of any measures you feel you need to enable you to be assessed in a fair and equitable manner. Information received relating to accommodation measures will be addressed confidentially. Personal information is collected under the authority of the Municipal Act, 2001 (S.O. 2001, c.25) and will be used to select a candidate.
