FINANCIAL ANALYST Full-time Job
May 23rd, 2024 at 11:10 Financial Services Toronto 148 views Reference: 6849Job Details
Posting Period: 23-MAY-2024 to 30-MAY-2024
The Accounting Services Division of the City of Toronto is responsible for the preparation of the City’s annual consolidated financial statements, ensuring that all transactions are accounted for in accordance with Public Sector Accounting Standards, and meet provincial and federal legislative reporting requirements. Recognized for your ability to thrive in a service-oriented, politically sensitive environment where you will advise Divisional staff regarding proper accounting requirements, you’re fully prepared to take on this key mandate and make your mark on the City’s complex financial reporting activities and processes.
As the Financial Analyst, Corporate Financial Reporting, you’ll perform analysis of accounts in the City’s general ledger, and assist in the consolidation of financial statements in accordance with the Public Sector Accounting Standards.
Reporting to the leadership team of Accounting Services, you’ll leverage your background in generally accepted accounting principles and accounting/financial analysis and reporting to develop financial information and reports, assist in the preparation of the City’s consolidated financial statements, Financial Information Return (FIR) and related working papers, and prepare monthly, quarterly and annual reports including quarterly reports for Statistics Canada. You’ll also keep abreast of relevant provincial statutes and regulations, by-laws and Council directions, and ensure controls are designed and maintained in accordance with City by-laws and policies.
This position will call upon you to investigate issues raised by internal and external auditors and to lead special projects and assignments. You’ll take advantage of your experience in overseeing a team to provide accounting advice and guidance to
Accounting staff and City Divisions, and to supervise support staff (including scheduling, staff training and performance development).
Among the many strengths you bring to the role of Financial Analyst, Corporate Financial Reporting, the following are the key qualifications of the position:
- Post-secondary education in a discipline relevant to the job function (e.g., Bachelor of Commerce with a major in Accounting and a Chartered Professional Accountants of Canada designation.
- Considerable accounting, auditing, and/or financial reporting experience in a public or private sector accounting environment.
- Considerable experience with municipal accounting and/or generally accepted principles and practices, applicable legislation, etc. including Public Sector Accounting Standards (PSAS) and International Public Sector Accounting Standards (IPSAS).
- Considerable experience performing financial and accounting analysis to support decision-making processes as well as to confirm accuracy, completeness, cut- off, existence, and valuation of accounts.
- Considerable experience performing research including report writing, data collection, analysis of information from various sources and critical thinking/analysis.
- Experience providing supervision to employees to ensure deliverables meet quality requirements and are completed on a timely basis.
- Excellent customer service and interpersonal skills and the ability to communicate effectively at all organizational levels.
- Knowledge of financial and internal controls.
- Excellent organizational and multi-tasking skills with the ability meet tight deadlines under time constraints.
- Proficient in Microsoft Office Suite (e.g., Word and Excel with an emphasis on excel reporting) and computer-based accounting systems (e.g., SAP and Oracle).
- Analytical, conflict resolution and problem-solving skills with the ability to develop, recommend and implement effective solutions and problem-solving skills.
- Sound judgement and the ability to handle matters of a confidential or sensitive nature.
- Ability to take initiative and work independently with minimum supervision and to set priorities, plan and execute tasks.
- Ability to work overtime when required.
- Familiarity with Ontario Statutes including Occupational Health and Safety Act, employment standards, labour and human rights, and other applicable government legislation.
