Recent Graduate Program for Finance Professionals Job at Government of Alberta

Government of Alberta Edmonton, AB

Job Information


Job Requisition ID: 38189

Ministry: Various

Location: Edmonton; other locations may be considered

Full or Part-Time: Full-Time

Hours of Work: 36.25 hours per week

Regular/Temporary: Temporary

Scope: Open Competition

Closing Date: February 14, 2023

Classification: Opted Out & Excluded Budget Officer Level 1

About Us

The Government of Alberta (GoA) is looking for recent graduates to join our team of trusted financial professionals through the Government of Alberta (GoA) Recent Grad Program for Finance Professionals, a temporary 18-month program for new finance professionals. We are committed to providing meaningful work assignments and introducing program participants to various finance functions within the GoA. Program participants will make professional connections with other Alberta Public Service (APS) professionals and gain constructive feedback to grow in their career.


The Government of Alberta (GoA) Recent Grad Program for Finance Professionals will provide you with an opportunity to gain experience working in public sector finance reporting, planning, and operations at both a corporate and department level. In addition to career development, there are formal and informal opportunities to meet and network with others in the program, experienced finance professionals, and finance leaders across the APS. In this temporary program, you will gain diverse experience as you rotate through three six-month placements in at least two different ministries. Placement Supervisors in each ministry will provide guidance as you grow your knowledge and your finance skill set.


Role

The Government of Alberta (GoA) Recent Grad Program for Finance Professionals will provide you with an opportunity to gain experience working in public sector finance reporting, planning, and operations at both a corporate and department level. In addition to career development, there are formal and informal opportunities to meet and network with others in the program, experienced finance professionals, and finance leaders across the APS. Mentoring opportunities are also available.


In this temporary program, you will gain diverse experience as you rotate through three six-month placements in at least two different ministries. Placement Supervisors in each ministry will provide guidance as you grow your knowledge and your finance skill set.


You will learn about the GoA’s financial legislation, policies, procedures, processes, delivery structures, and technology systems. This role will also provide you with an opportunity to practice and develop your communications and collaboration skills as you work with other finance professionals and business partners to troubleshoot issues and provide clear information and advice.


Role Continued

As a participant in this program, you will have the opportunity to gain experience in the following areas:


Financial Planning:

Under the supervision of the Placement Supervisor, you will assist with the budgeting cycle, business plan, fiscal analysis, and cash flow forecasting. Some activities that may be performed include:

  • Providing technical support in the development of department/division/branch budget allocations and submissions, and/or maintaining formal review processes to identify spending pressures.
  • Preparing documentation to support financial information presented to Treasury Board Committee.
  • Revising budget allocations in response to approved changes during the fiscal year and assisting in maintaining finance reporting structures.
  • Evaluating and reporting on financial performance compared to prior year and budget allocations – including investigating variances, performing trend analysis, and completing ad hoc reports.
  • Establishing and maintaining solid on-going working relationships within the department and across departments to provide financial planning services.
  • Contributing to the preparation of briefing material and responses.

Financial Reporting:
Under the supervision of the Placement Supervisor, some activities that may be performed include:

  • Involvement in the preparation of the ministry financial statements and disclosures, including assistance with sections to appear in the GoA Annual Report.
  • Providing input into the development of financial management systems and reporting.
  • Providing input into the development and maintenance of administrative processes, policies, and procedures to support the use of financial systems within the GoA.
  • Reviewing and analyzing financial information and producing summary reports.
  • Preparing monthly and quarterly reconciliations for various accounts and programs.
  • Preparing year-end working papers and schedules to complete Financial Statements.
  • Following processes and procedures for ongoing reconciliation.
  • Providing support for processing year-end accruals.
  • Preparing analysis and working papers to support restatements of balances.
  • Preparing information provided to the Office of the Auditor General and/or Treasury Board and Finance during year-end audit.
  • Preparing and entering journal entries, as required.
  • Contributing to the preparation of briefing materials and responses.

Financial Operations:
Under the supervision of the Placement Supervisor, some activities that may be performed include:

  • Reconciling the general ledger to sub-ledgers (AP, AR, Procurement and Payroll).
  • Preparing financial reports within established guidelines and timelines.
  • Validating coding and approvals on accounts payable entries.
  • Processing various accounting transactions.
  • Analyzing and clearing inter-unit transactions.
  • Preparing and entering journal entries.
  • Providing support with system security.
  • Reviewing contracts and subsequent payments to ensure they are in accordance with financial policies.
  • Assisting with internal control reviews and implementation.

Qualifications

Applicants must have successfully graduated from an accredited post-secondary institution within the last three years.


Applicants must have completed a Bachelor’s Degree program in a related field such as Accounting, Finance, Business Administration, Commerce, Economics, or Public Administration.


Equivalencies will be considered as follows: An equivalent combination of education and experience, which includes as a minimum, completion of a related diploma and minimum of two years related experience.


Assets:
  • Experience with Microsoft Office, including Word, Excel, and PowerPoint
  • Experience or Knowledge of Generally Accepted Accounting Principles (GAAP)
  • Experience or Knowledge with general budget preparation
  • Experience or Knowledge preparing financial forecasts and analysis
  • Experience or Knowledge manipulating data sets supported by technology
  • Experience or Knowledge preparing presentations or providing recommendations based on financial analysis

APS Competencies

Competencies are behaviours that are essential to reach our goals in serving Albertans. We encourage you to have an in depth understanding of the competencies that are required for this opportunity and to be prepared to demonstrate them during the recruitment process. The link below will assist you with understanding competencies:


The competencies that are determined to be essential for this position are:


  • Creative Problem Solving: The ability to analyze the impact of and break apart any complex problems to get the best result for the client.

  • Drive for Results: Knowing what outcomes are important and maximizing resources to achieve results that are aligned with the goals of the organization, while maintaining accountability to each other and business partners.

  • Develop Networks: Proactively building networks, connecting, and building trust in relationships.

  • Build Collaborative Environments: Leading and contributing to the conditions and environments that allow people to feel respected, work collaboratively and facilitate productively to achieve outcomes.

  • Agility: The ability to anticipate, assess and readily adapt to changing situations and issues, while making well-thought-out recommendations.

Salary

$1,942.48 - $2,866.00 bi-weekly ($50,698 – $74,802 Annual)

Notes

Successful program participants will be offered an 18 month full-time temporary salaried position. Participants will rotate through three six-month placements: one in department Financial Planning, one in department Financial Reporting/Operations, and one in Treasury Board and Finance.



Applicants must provide a cover letter summarizing information that clearly and concisely demonstrates how their qualifications meet the advertised requirements, including education, experience and relevant examples of required competencies.



Final candidates will undergo an academic check, reference checks and provide a suitable security screening. All costs associated with the recruitment process including documentation fees and travel expenses are the candidate’s responsibility.



What we offer:

  • Comprehensive benefits plan:
  • Pension plan:
  • Health Spending Account:
  • A mentorship program
  • Professional learning and development
  • Positive workplace culture and work-life balance

How To Apply


If you are not currently an employee with the Government of Alberta, the first step in applying for a job is creating your candidate profile within our online application system,


Existing employees should access the Career tile in 1GX to submit their application in order to be recognized as an internal applicant.


Once you have created your candidate profile, visit the Alberta Public Service job site to apply for jobs at


Applicants are advised to provide information that clearly and concisely demonstrates how their qualifications meet the advertised requirements, including education, experience and relevant examples of required competencies.


Resources for applicants:

    It is recommended that applicants who have obtained educational credentials from outside of Canada and have not had them previously assessed, obtain an evaluation of their credentials from the International Qualifications Assessment Service (IQAS)

    Closing Statement

    This competition may be used to fill future vacancies, across the Government of Alberta, at the same or lower classification level.


    We thank all applicants for their interest. All applications will be reviewed to determine which candidates' qualifications most closely match the advertised requirements. Only individuals selected for interviews will be contacted.


    If you require any further information on this job posting or a copy of the role profile, and/or require a disability related accommodation during the recruitment process, please contact Robbie Hoffman at robert.hoffman@gov.ab.ca.


    If this competition is closed as per the closing date noted above, please continue to check
    #LI-KJ1




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