FINANCIAL SYSTEMS ANALYST Full-time Job
Aug 1st, 2024 at 16:56 Financial Services Toronto 79 views Reference: 8300Job Details
- Job ID: 44696
- Job Category: Finance, Accounting & Purchasing
- Division & Section: Housing Secretariat, Finance & Business Services
- Work Location: Metro Hall, 55 John Street
- Job Type & Duration: Full-time, Temporary (12 months) vacancy
- Salary: $78,429.00 - $102,021.00 annually
- Shift Information: Monday - Friday, 35 hours per week
- Affiliation: Non-Union
- Number of Positions Open: 1
- Posting Period: 31-Jul-2024 to 15-Aug-2024
Please note: Candidates who previously applied to this job posting #44696 will not be reconsidered.
The Financial Systems Analyst will have an understanding of financial analysis and reporting to review and process various financial documents submitted by non-profit housing providers in accordance with pre-established standards and routines.
Your primary responsibilities as a Financial Systems Analyst will be varied. Working as part of a team reporting to a Senior Financial Analyst, you will:
- Perform research and prepare community housing operating budget and variance report.
- Conduct financial analysis and provide recommendations on financial matters to Housing Stability Services Unit staff and management.
- Review financial documents submitted by non-profit housing providers for completeness and accuracy.
- Process and review subsidy requests submitted by non-profit housing providers with reference to established guidelines and review procedures.
- Process and review payments to ensure alignment with service agreements and approved Council reports.
- Reviews payments request from agencies to determine accuracy, availability of funds and compliance with funding agreement and City’s policy and procedures.
- Maintain and update life-to-date files for grants to report on availability of funds.
- Participate in reviews of housing provider operations including on-site reviews.
- Draft communications to non-profit housing providers regarding financial and program compliance matters.
- Assist with the review of housing provider operations and compliance with the Housing Services Act (HSA), Rent Geared-to-Income (RGI) Service Agreement, City Guidelines and other contractual obligations with the City.
- Assist with the review of development and maintenance requests that propose changes to the information technology systems used to manage the business relationship with service providers.
- Assist with the development of reports and analytical tools to monitor service provider compliance with legislated and contractual obligations.
- Liaise with the Unit, external contacts and board of directors and auditors.
- Review audited financial statements together with auditors' reports/related financial reporting documents for completeness, compliance, and accuracy of accounting information.
- Attend meetings to provide and clarify financial information and resolve issues.
Key Qualifications:
- Post-secondary education in accounting, financial management or business administration or equivalent. Possession of a Chartered Professional Accountant (CPA) designation is preferred.
- Considerable experience in the preparation of budgets, forecasts, complex financial statements and analysis.
- Considerable experience in accounting and computer-based accounting systems.
- Experience conducting financial and/or program compliance audits independently.
- Ability to work independently in a demanding, fast-paced, constantly changing environment.
- Ability to communicate effectively, both orally and in writing.
- General understanding of the principles and practices employed in the effective financial analysis of business and government operations.
- General understanding of financial reporting and financial statements including non-profit reporting requirements.
- Ability to effectively manage multiple tasks and deadlines.
Company Description
Toronto, the capital of the province of Ontario, is a major Canadian city along Lake Ontarios northwestern shore. It's a dynamic metropolis with a core of soaring skyscrapers, all dwarfed by the iconic, free-standing CN Tower. Toronto also has many green spaces, from the orderly oval of Queens Park to 400-acre High Park and its trails, sports facilities and zoo.