Graduate Development Program - About the Position

The Graduate Development Program involves a combination of targeted development opportunities as well as significant work experience. The graduate is placed within Treasury Board Staff which:

  • Develops government’s three-year fiscal plan and identifies, assesses, monitors and manages significant risks and opportunities relating to the plan;

  • Provides financial, economic, revenue, capital and debt advice to the Minister of Finance, Treasury Board, Cabinet, Government Caucus Committees, government ministries and agencies, and other stakeholders; and

  • Manages the government budget process and creates the budget, estimates and quarterly reports, as well as internal reports and related analysis.

The graduate will spend a significant amount of time in the Performance Budgeting Office, which is responsible for monitoring ministry three-year financial plans, including the identification of ministry-related financial risks and opportunities.

Through their experience in Treasury Board Staff, graduates will become very familiar with legislation and policy that governs the planning, budget and financial management processes in government including the following:

  • Financial Administration Act
  • Budget Transparency and Accountability Act
  • Balanced Budget and Ministerial Accountability Act
  • BC Government Strategic Plan
  • Ministry Service Plans
  • Estimates
  • Public Accounts

The office is also responsible for reviewing the financial and economic implications of proposals for legislative and regulatory change, including cabinet submissions that significantly impact the province’s three-year fiscal plan, assessing the financial and economic impact of major projects involving public investment or expenditure, and providing support for Treasury Board.

The graduate will be expected to spend a minimum of one budget cycle (approximately June - February) with the Performance Budgeting Office, and will act as an analyst in one or both of the Economic and Resource Development and Social Policy branches. As part of his or her development, the analyst, with the support of the supervisor and on-site advisor, will be expected to:

  • Monitor ministry and agency progress against three-year financial and performance targets as outlined in service plans;

  • Review and analyze ministry and other agency policy, legislation, revenue, expenditure, capital and other service plan proposals to identify financial implications and to ensure that proposals are consistent with government and fiscal plan priorities;

  • Provide information and advice to the Director, Deputy Secretary and Secretary to Treasury Board, Minister, and Treasury Board;

  • Assist in the preparation of the annual Estimates, Budget and Three-Year Fiscal Plan.

Depending on their strength and development areas, the graduate will then have the opportunity to take on rotations and special work assignments in one or more of the other Treasury Board Staff branches:

  • The Economic Forecasting and Analysis branch supports development and management of the government's Budget and Fiscal Plan by providing analysis and advice on the economy, and by developing forecasts of the provincial economy, and monitoring the provincial economic forecast.

The branch contributes to various public reports on the Province's economic and fiscal performance and outlook, such as the government's Budget and Fiscal Plan, Quarterly Reports and the British Columbia Financial and Economic Review.

  • The Fiscal Planning and Estimates branch is responsible for compiling, monitoring and annually updating government revenue, spending, debt and capital forecasts for inclusion in the government's budget and three year fiscal plan, the annual estimates and other associated budget and fiscal documents.

The branch develops, prepares and coordinates the production of the government's Budget and Fiscal Plan, the annual Estimates and Supplement to the Estimates, Quarterly Reports, the British Columbia Financial and Economic Review and Supplementary Estimates, when required.

Other branch responsibilities include coordinating the preparation of Supply Bills and related financial legislation, updating accounting and reporting policies for government's financial reports in conjunction with the Office of the Comptroller General and providing financial analysis support to the Provincial Treasury in their relations with rating agencies and international investors.

Additional rotation and work assignment opportunities, tailored to the strengths, development areas and interests of the graduates, may be possible in the following areas outside Treasury Board Staff:

  • Crown Agencies Secretariat, provides government and crown agencies with advice, information and support that promotes good governance, continuous improvement and accountability for results.
  • Policy and Legislation, provides advice on regulation of the financial sector including credit unions, insurance and real estate and on issues related to intergovernmental fiscal relations such as federal transfers, and tax policy.

  • Office of the Comptroller General, maintains the provincial government's corporate accounting system and is responsible for the overall quality and integrity of government's financial management and control systems.

  • Provincial Treasury, looks after the province’s borrowing and financing needs, and manages banking and cash. These services are extended to all ministries, Crown corporations and public sector agencies.

  • Corporate and Ministry Support Services provides strategic financial, information management, and human resource advice and services to the Ministry of Finance and other public sector organizations.

  • Line-ministries and crown agencies, where graduates may spend a portion of time developing the budget, with service plans or other relevant projects. This experience will provide the graduate with the client perspective, and provide additional career exposure.

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Minimum Recruitment Criteria

  • Recent graduation or accounting designation (completed within the past 2 years);

  • University degree (Master’s preferred) in one or more of the following areas: business administration, public administration, public policy, economics, or finance, with a minimum B+ standing;

  • 2- 3 years work and/or volunteer experience;

  • Basic knowledge of government structure and processes;

  • Work, volunteer, character, and education related references;

  • Ability to relocate to Victoria if not from the area;

  • Canadian citizenship, or eligibility to work in Canada; and

  • Experienced user of office software such as Outlook, MS Word, Excel, PowerPoint.

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Desired Professional Attributes

  • Excellent communication skills, including written briefings, and interpersonal and presentation skills;

  • Financial analysis skills and/or experience;

  • Knowledge of public policy analysis and development;

  • Experience analyzing complex financial and business issues;

  • Project management/process management skills and/or experience;

  • Corporate and business acumen; and

  • Knowledge of accounting principles.

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Desired Competencies

A competency is any attitude, skill, behaviour, motive or other personal characteristic that is essential to perform a job, or more importantly, differentiate superior performers from solid performers. Treasury Board Staff has identified the following competencies as being the most critical to success:

  • Relationship Building is working to build or maintain ethical relationships or networks or contacts with people who are, or may be, potentially helpful in achieving work-related goals and establishing advantages. These people may include customers, clients, counterparts, colleagues, etc.

  • Teamwork and Co-operation is working co-operatively with diverse teams, work groups and across the organization to achieve group and organizational goals. This includes communicating effectively and collaboratively with others.

  • Impact and Influence is the ability to influence, persuade, or convince others to adopt a specific course of action. It involves the use of persuasive techniques, presentations or negotiation skills to achieve desired results not directly within control.

  • Problem Solving/Judgement is the ability to analyze problems systematically, organize information, identify key factors, identify underlying causes and generate options and solutions.

  • Analytical Thinking is the ability to comprehend a situation by breaking it down into its components and identifying key or underlying complex issues. It implies the ability to systematically organize and compare the various aspects of a problem or situation, and determine cause-and-effect relationships ("if...then…") to resolve problems in a sound, decisive manner. Checks to ensure the validity or accuracy of all information.

  • Flexibility is the ability and willingness to adapt to and work effectively within a variety of diverse situations, and with diverse individuals or groups. Flexibility entails understanding and appreciating different and opposing perspectives on an issue, adapting one's approach as situations change and accepting changes within one's own job or organization while still achieving results.

  • Initiative involves anticipating and identifying a problem, obstacle or opportunity and taking appropriate action to address current or future problems or opportunities. As such, initiative can be seen in the context of proactively doing things and not simply thinking about future actions. Formal strategic planning is not included in this competency.

  • Service Orientation is understanding the programs and the related service needs of a client/customer (internal or external) and actively focusing on anticipating, meeting and exceeding the needs in a timely and appropriate manner.

  • Results Focus is taking action to achieve challenging goals or high standards. It is focusing on the desired outcomes, setting challenging goals, and taking action to meet or exceed them.

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Selection Process

Recruitment will close on November 28, 2008.

Screening and selection activities will be conducted by the selection committee beginning in December 2008, and will involve a written assignment, interviews and a presentation, and reference checks.

Successful candidates will be offered positions in early 2009.

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Pay and Benefits

Pay

Successful graduates will be hired into a Business Leader (BL) Management classification. Salary will be based on the graduate's qualifications, and with an average starting salary within the $53,000 - $63,500 range. Progressive increases may occur at the six-month and 12-month stage and will be based on an assessment of the graduate's performance.

Status

Graduates will be hired as regular status employees for the two year Graduate Development Program. Graduates are expected to commit to this duration. After completing this program, the participant will be qualified to compete on regular, full-time Business Leadership (BL) management positions with Treasury Board Staff and positions with the BC public service. Although employment after the two year period is not guaranteed, the career development activities provided throughout the program have been proven to greatly increase the likelihood of success.

Benefits

As with all Public Service hirings, employees will be on probation for six months. Benefits include vacation (4 weeks vacation to start), medical, dental and insurance benefits. For more details visit http://www.bcpublicservice.ca/benefits/.