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FINANCIAL SYSTEMS ANALYST Full-time Job

Aug 1st, 2024 at 16:56   Financial Services   Toronto   79 views Reference: 8300
Job 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:

 

  1. Post-secondary education in accounting, financial management or business administration or equivalent. Possession of a Chartered Professional Accountant (CPA) designation is preferred.
  2. Considerable experience in the preparation of budgets, forecasts, complex financial statements and analysis.
  3. Considerable experience in accounting and computer-based accounting systems.
  4. Experience conducting financial and/or program compliance audits independently.
  5. Ability to work independently in a demanding, fast-paced, constantly changing environment.
  6. Ability to communicate effectively, both orally and in writing.
  7. General understanding of the principles and practices employed in the effective financial analysis of business and government operations.
  8. General understanding of financial reporting and financial statements including non-profit reporting requirements.
  9. 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.