Operations Financial Analyst
Role Overview
The Operations Financial Analyst provides analytical, systems, business process, and financial support to the Utilities department.
The role supports the long-term financial sustainability of Water, Wastewater, Electric, Waste Management, and other municipal services.
The work includes utility rate modeling, capital and operating budget planning, reserve management, debt financing analysis, regulatory compliance, and infrastructure investment decisions.
The position is largely self-directed and requires initiative, professional judgment, independent work, and effective working relationships.
Key Skills for This Role
Full Job Posting
About the City
The City of Red Deer is a municipal organization with a $480 million operating budget, a $60 million capital program, and nearly 1,700 employees.
The City describes its vision as “Our City, One Voice” and emphasizes community wellbeing, a vibrant economy, engagement, collaboration, and inclusion.
Opportunity
The Operations Financial Analyst provides analytical, systems, business process, and financial support to the Utilities department.
The role supports the long-term financial sustainability of Water, Wastewater, Electric, Waste Management, and other municipal services.
The work includes utility rate modeling, capital and operating budget planning, reserve management, debt financing analysis, regulatory compliance, and infrastructure investment decisions.
The position is largely self-directed and requires initiative, professional judgment, independent work, and effective working relationships.
Key responsibilities
- Provide financial analysis, forecasting, budgeting, utility rate modeling, variance analysis, projections, business cases, and management reports.
- Lead accounting and financial management, including reconciliations, complex accounting entries, utility budget development, financial monitoring, and contract interpretation.
- Lead utility projects and business improvement initiatives, including modernization, asset management, process improvement, system enhancements, software evaluations, and cross-department coordination.
- Develop and strengthen business processes and internal controls for efficiency, financial accuracy, risk mitigation, and compliance.
- Research, develop, and interpret utility policies, procedures, bylaws, and legislation; guide and train departments on financial, business, and regulatory requirements.
- Collaborate with internal departments, external partners, and customers; facilitate training and resolve complex issues and inquiries.
- Coach and mentor staff on financial processes, business operations, and continuous improvement.
- Prepare reporting and presentations for senior management, committees, and City Council to support utility rates, capital investment, and strategic infrastructure decisions.
Preferred qualifications and capabilities
- A CPA designation and a university degree focused on business, accounting, or project management are preferred; equivalent education and experience may be considered.
- Five years of progressively related experience in a sophisticated, integrated system environment, preferably in a large organization.
- Strong knowledge of business models, decision-making tools, accounting principles, financial and management systems, and business processes.
- Demonstrated project management, including coordination and leadership of multidisciplinary teams.
- The role calls for analytical ability, strong communication, leadership, critical thinking, problem-solving, persuasion, initiative, and sound professional judgment.
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