Reporting to the Director, Finance – Content Settlement Operations, the Senior Financial Analyst will provide professional and reliable financial stewardship as it relates to the acquisition of Video content, analysis, and month-end responsibilities.

What you will do:

• Prepare monthly, quarterly, and annual Content Costs accounting entries and supporting working papers as required
• Assist with month-end close including comprehensive analysis of variances and account reconciliations
• Support monthly calculation and payment of Content fees and copyright royalties, in alignment with contracts
• Primary contact with external software partners for Networks fees, includes testing and implementing new software process to meet business needs.  Subject matter expert in maintenance of contracts, rates, payment, and analysis in software
• Support the performance of third-party audits including analyzing / disputing results
• Work cross functionally in support of data requirements for Budgets, Forecasts and Contract Negotiations
• Pursue opportunities for improvements in processes and reporting by identifying and providing solutions to gaps
• Complete special projects, ad-hoc requests, and various other duties as needed
   

What you will have:

• 3 to 5 years of progressive experience in an accounting or financial analysis environment    
• Strong technical accounting skills with an accounting designation (CPA) or MBA or in progress                
• Advanced Excel skills required, including maintaining Macros and use of complex formulas for large volumes of data
• Experience with Alteryx, Power BI and Oracle ERP experience is an asset.
• Strong interpersonal skills and ease with communicating with various levels in the organization
• A team player with the ability to handle multiple tasks in a fast-paced environment with changing priorities and strict deadlines
• Highly advanced analytical skills and detailed oriented
• Strong team skills, but ability to work independently

This is a hybrid work position and will require you to be in office three days per week. You can choose which days in office work best for you!

If you are selected to move forward in the recruitment process, here is what you can expect:

• 15-minute phone screen with your recruiter, 1-hour interview with Hiring Manager, 30-minute final round interview with Director of the team. Best of luck!

To protect our people, brand and assets, a pre-employment background check will be conducted. As part of our selection process, all candidates must clear a criminal background check. Additionally, a credit check and drivers abstract may be required depending on the role. 

Schedule: Full time
Shift: Day
Length of Contract: 12 Months
Work Location: 333 Bloor Street East (824), Toronto, ON
Travel Requirements: None
Posting Category/Function: Finance & Accounting & Financial Planning and Analysis
Requisition ID: 314089

The Senior Financial Analyst, Financial Planning & Analysis – Corp SG&A provides Global Financial Planning & Analysis support across Corporate SG&A expenditures.  Working closely with senior management of all departmental leads, the incumbent provides strategic forward - looking financial information on a timely and accurate basis.  This role will be focused on providing our business partners with better visibility into performance drivers, supporting fact-based decision making and helping drive process efficiencies while driving foundational FP&A activities (i.e. reporting, planning and analysis) 

KEY DUTIES & RESPONSIBILITIES

Planning / Forecasting 

• Acts as Finance lead for Corporate SG&A processes, driving timely analysis, and reporting
• Provide timely, accurate and operational reporting to key stakeholders
• Collaborate with business partners to develop and consolidate monthly forecasts and budgets
• Provide insights to business partners, within and outside the Finance organization, though fact-based analysis
• Bring business meaning to financial results and actionable items through variance analysis and working with business partners
• Support the Global Allocation process

Monthly / Quarterly reporting

• Perform timely month end close and ensure recording all monthly accruals.
• Prepare accurate, complete, and timely financial reporting of Corporate SG&A expenditures
• Ensures continuous improvement relating to the internal reporting process and content of the information reported.

Other

• Focus on driving process improvement initiatives 
• Support ad hoc analysis and projects as required
• Other responsibilities as assigned.

KNOWLEDGE & SKILLS REQUIRED

• 3-5 Years of relevant work experience
• Excellent written and oral communication skills
• Strong interpersonal skills and ability to work with others across various functions and levels of the organization
• Strong attention to detail and a focus on fact-based analysis
• Comfort working with large data sets and demonstrated ability to navigate data and pull out relevant insights
• Proven experience working with Advanced Excel functions and other Microsoft tools (i.e. PowerPoint, Power BI)
• Must be hands-on, detailed oriented and exhibit professional curiosity.

Licenses and/or Professional Accreditation

• Bachelor’s Degree in a related field, preferably Finance or Accounting
• MBA and/or Accounting/Finance qualification (CPA or CFA) highly desired

Job Description: 

• Posting Period: 27-Sep-2024 to 11-Oct-2024 

 The Seniors Services and Long-Term Care (LTC) Division’s Financial Services unit is comprised of three teams.  

• The Budget and Analysis Review Team ensures the Division's operating and capital revenues and expenses are properly budgeted and tracked and works with Divisional leads to address discrepancies. It also ensures that all external funding are used efficiently, and related reporting is complete.  
• The Revenue and Trust Team manages accommodation payments, residents’ trust funds and donations.  
• The Decision Support Team supports reporting and data analytics across the Division and supports development of Tableau as well as other systems that support data collection such as SharePoint and Medallia/CheckMarket. 

Major Responsibilities

• Performs research and prepares operating and capital budget submissions and financial status reports
• Creates spreadsheets and provides additional documentation to support the division's operating and capital budget submissions
• Prepares budget schedules and takes necessary action to effect and maintain control of budget adjustments throughout the year
• Tracks capital budget project progress, expenditures, commitments, completion status and yearend projections
• Develops, prepares and maintains monthly budget variance and forecast reports in relation to Operating budgets for senior management of the Division.
• Develops and prepares financial statements to advise management on the financial status of various operating budget items, using information extracted from corporate and divisional accounting systems and databases
• Reviews Divisional financial statements for accuracy and completeness, determines accounts to be charged on all types of accounting documents, and liaises with Finance staff in establishing new Divisional account code requirements
• Reviews and analyses various expenses and revenue (e.g. payroll, contribution from reserve funds, etc.) and generates appropriate adjustments and timely management information reports
• Reviews all materials and purchase requisitions for availability of funds
• Researches and collects data for reporting the effectiveness and efficiency of Divisional / Unit programs based on performance measurement criteria
• Conducts cost benefit studies and financial research on divisional operations from concept to completion
• Liaises with staff of Accounting Services, Payroll and Financial Planning, and assists in the preparation of financial reports and budget-related correspondence
• Reviews and updates current Divisional procedures as required to facilitate coordination of the division's budget submission, etc.
• Attends meetings to provide and clarify information and resolve issues
• Assists in the processing of subsidy requests and annual information returns.
• Monitors operating, capital and transition project accounts.
• Creates, develops and maintains personnel payroll forecast system for inclusion in the Division's operating budget.
• Provides guidance to accounting clerks in the performance of their duties. Checks and verifies account codes, features of expense

Key Qualifications:

Your application must describe your qualifications as they relate to:

1. Degree in accounting, business, or a related field, or an equivalent combination of education and experience.
2. Experience with budget preparation, including complex financial statements, by using budget planning and data visualization tools such as CAPTOR, Public Budget Formulation (PBF) and Tableau is an asset.
3. Experience with cost-sharing programs, account reconciliation, variance analysis, and reporting on financial and performance metrics
4. Experience with computer-based accounting, financial, and purchasing systems (e.g., SAP, RPGS Online), along with the use of database management tools such as Microsoft Excel, Access. 

You must also have:

• A high level of skill in the extraction of large amounts of data from corporate systems and organizing, analyzing and transforming the data into information for management decision making.
• Sound knowledge of financial and accounting principles and practices, maintenance of general and subsidiary ledgers, deployment of control accounts, age analysis of receivables, and Generally Accepted Accounting Principles (GAAP), proficiency in mathematical calculations and high degree of accuracy with figures.
• Ability to communicate clearly and effectively both verbally and in writing, with all levels of staff and with external clients.
• Ability to work in teams and maintain cooperative relationships.
• Ability to maintain confidential information.
• Ability to work in a customer service environment, addressing the service inquires, requests and concerns of clients, the general public and/or staff.
• Ability to support the Toronto Public Service values to ensure a culture that champions equity, diversity, and respectful workplaces
• Familiarity with public sector performance measurement and the ability to research and track useful process and product measures for reporting the effectiveness and efficiency of Divisional programs is an asset.

Possession of a completed or partially completed CPA designation is considered an asset

Please Note:

As a condition of employment with the Senior Services and Long-Term Care Division, selected candidates will be required to provide a satisfactory Police Reference Check (PRC) with vulnerable sector screening, tuberculosis screening and proof of immunization in accordance with the Fixing Long-Term Care Act, 2021 (O.Reg. 246/22).

End Date: November 24, 2024 (30+ days left to apply)

We’re seeking a talented Staff Accountant to join our team. This is a key position where you will support the maintenance of the general ledger by ensuring proper and timely entering and recording of financial transactions in the GL in accordance with IFRS and Company policies.

Responsibilities:

• Ownership of all Rewards’ cash accounts with related tasks to include but are not limited to:
  • Daily monitoring and reporting of cash position to CFO
  • Detailed monthly cash flow analysis and period-over-period cash fluctuations
  • Monthly reconciliations, quarterly cash reconciliation summaries and recording of journal entries related to cash and Paypal accounts

• Participate in the month-end close processes by performing activities that include, but are not limited to:
  • Reconciliations and recording of journal entries related to intangible and lease related accounts across all Rewards’ business units
  • Reconciliation of fixed asset accounts across all Rewards’ business units, including maintenance of the fixed assets sub-ledger in Oracle
  • Preparation of journal entries related to personnel related accounts such as international payroll, paid time-off, bonuses, and stock compensation
  • Preparation, posting and analysis of operating expense accruals related to bank fees
  • Preparation of annual property tax returns

• Ensure that general ledger accounts are resolved and reconciled on a timely basis.  Participate in account reconciliation reviews with management.
• Provide support for quarterly reviews and year-end internal and external audits, including preparation of monthly/quarterly/annual fixed asset and other account analyses
• Assist in the review, documentation and streamlining of necessary internal controls and processes
• Provide accounting support or assist with ad hoc projects as requested

Qualifications:

• Strong Excel skills with ability to create pivot tables and perform v-look ups
• Experience with accounting software and the month-end close process, including account reconciliations and analyses
• Balance of both public company experience and start-up/private company environments is highly desirable
• Knowledge of inter-company transactions and corporate accounting and reporting is also highly desirable
• Experience with Oracle or other major ERP is preferred, but not required
• Must be able to multi-task, prioritize and work efficiently
• Ability to meet multiple deadlines and possess good time management skills
• Results-oriented with attention to detail and accuracy
• Must be able to perform at high levels in a very fast-paced, ever-changing work environment
• Must be able to work independently or with a team, self-starter, energetic
• Willing to work in a productivity-driven environment with a high volume of workflow
• Strong communication skills, both written and verbal
• Reliable and professional

Minimum Requirements:

• BA degree in Accounting or Finance
• 3+ years of GL accounting experience

#LI-TL2

Our Rapid Transit – Finance Office is looking for a Senior Project Financial Control Officer to manage, and coordinate financial and budgetary controls, in addition to reporting and accounting functions for capital projects undertaken by the Operations – Rapid Transit division.
 

• Posting Period: 11-Sep-2024 to 25-Sep-2024

Major Responsibilities:

• Researches and analyzes financial information.
• Prepares financial reports and other financial information.
• Reviews, analyzes, and reconciles accounts, including commitments, parked documents, and vendor accounts.
• Processes vendor invoices for payment processing prior to submission to accounts payable and ensures compliance with divisional signing authority limits and corporate policies and procedures and relevant bylaws.
• Liaises with corporate finance and divisional staff to resolve outstanding accounting issues.
• Provides assistance and advice on accounting and financial related matters to the divisions.
• Researches and analyzes accounting/financial documents to verify validity of transactions processed in SAP Reviews, analyzes General Ledger expenditure accounts, processes reclassification adjustments.
• Processes purchasing documents such as Purchase Requisitions, Divisional Purchase Orders, Purchase Orders, Contract Release Orders against Blanket Contracts ensuring compliance with divisional and corporate policies, procedures and all relevant by laws.
• Administers and maintains the Petty Cash Fund including the preparation of the Petty Cash summary form for the replenishment of the float ensuring compliance with divisional and corporate policies, procedures and all relevant by laws.
• Liaises with internal and external parties to address all financial related matters.
• Able to work out of more than one location on a continuous basis.
• Assists in preparing working papers and processes period end and year end entries.
• Assists on projects and assignments and other duties as assigned.
• Responsible for records management activities.

Key Qualifications:

Your application must describe your qualifications as they relate to:

1. Present enrolment towards completion of a professional accounting designation and/or an equivalent combination of education and experience in accounting.
2. Considerable experience in municipal accounting or relevant private sector experience in accounting.
3. Considerable experience in the analysis, investigation and processes relating to accounts receivable and/or accounts payable.
4. Considerable experience in analyzing financial data and preparing financial reports using Microsoft Office Word and Excel.
5. Experience using a financial information system, such as SAP or an equivalent accounting system.

You must also have:

• Working knowledge of the City's accounting procedures, Generally Accepted Accounting Principles (GAAP), Corporate Financial Control, Purchasing by-laws, and federal and provincial legislation relevant to the position.
• Thorough understanding of account structures and integration between various modules within SAP financial system or an equivalent accounting system.
• Knowledge of financial and internal controls.
• Strong interpersonal skills (excellent verbal and written skills) with the ability to establish and maintain effective working relationships with all levels of staff, and the public.
• Ability to handle multiple projects, prioritize and work in a fast-paced team environment.
• Ability to work independently and cooperatively as a member of a team.
• Ability to work under time constraints and meet tight deadlines.
• Ability to plan, organize and manage work with minimal supervision and complete number of tasks simultaneously for multiple management staff.

The Senior Accounting Manager is accountable for process adherence and improvement, planning and forecasting, reporting and analysis, and audit support for single, high volume or multiple low volume portfolios.

KEY DUTIES & RESPONSIBILITIES 

People Management

• Manages a team of individual contributors.
• Develops, trains and coaches team member.
• Creates development and coaching plans.
• Conducts performance reviews.
• Makes hire, disciplinary and fire decisions.

Process Adherence /Implementation

• Identifies and implements new ways to improve quality and efficiency of financial processes.
• Conducts root cause analysis on process gaps. Recommends and implements major process improvements within assigned

Portfolio.

• Prepares policies, policies and procedures.

Planning/Forecasting

• Prepares annual plans and quarterly reforecast for CBG and LOB’s.

Analysis

• Conducts in-depth financial analysis and makes recommendations to Senior Finance and Operations Management.
• Responds to internal and external client requests for ad hoc analysis.
• Conducts analysis.

Reporting

• Reviews routine transactions to determine accuracy of results.
• Prepares complex accounting entries.
• Prepares consolidated financial results – monthly, quarterly – for CBG’s and LOB’s.
• Prepares external and internal consolidated financial reports.
• Responsible for the accuracy of the financial information.
• Prepares basic business cases and provides input to complex business cases.

Audit Support

• Liaises with auditors to review audit support.
• Accountable for compliance with internal and external audit requirements.

Operational / Strategic Decisions

• Accountable for operational decisions made by direct reports.
• Makes operational decisions (i.e. process changes).
• Supports strategic decisions by participating in steering committees, special projects, etc.

Other

• Prepares basic business cases.  Provides input to complex business cases.
• Other duties as assigned.

FINANCE SPECIFIC-JOB SCOPE/DEFINITION

Portfolio Scope/Complexity

• Single, high volume or multiple, low volume portfolios.

Complexity of Accounting

• Ability to manage and resolve complex account reconciliation which sees the highest transaction volume or deal with multiple portfolios or business units.
• Resolving complex accounting issues escalated from support team.  Makes recommendations to Controllers.
• Full understanding of accounting regulations specific to area of expertise.

Involvement in Full Cycle Accounting

• Full cycle completion of CBG, LOB accounting cycles.

Preparation of Financial Information

• Reviews, consolidates, reports and communicates routine data.
• Accountable for accurate and timely financial reporting.

Reporting Audience/User of Financial Information

• Internal and external linear and vertical reporting.

Audit Support

• Liaises with auditors to review audit support.
• Accountable for compliance with internal and external audit requirements.

Operations vs. Strategic Decisions

• Accountable for operational decisions made by direct reports.
• Makes operational decisions (i.e. process changes).
• Supports strategic decisions by participating in steering committees, special projects, etc.
• Operational impact on financial reporting and processes.
• Ability to impact financial results based on fact-based decisions – i.e. increasing accruals after manager review.

Problem Solving

• Problems – typically non-recurring problems.
• Identifies and resolves complex problems within assigned portfolios.
• Conducts root cause analysis on process gaps.  Recommends and implements major process improvements within assigned portfolio.
• Works requires judgment and initiative.
• Resolves escalated problems.

Interaction with Client/Management

• First point of client contact regarding problem resolution.

KNOWLEDGE & SKILLS

• 5-10 years’ relevant experience with University graduation or professional certification (e.g. P. Eng, CPA, CMA, CGA or equivalent courses).
• Possesses full scope understanding of accounting modules within accounting systems for specific portfolio scope.
• Advanced level knowledge of MS Office suite of software.
• Ability to manage and resolve complex account reconciliation which sees the highest transaction volume or deal with multiple portfolios or business units.
• Ability to resolve complex accounting issues escalated from support team and to make recommendations to Controllers.
• Full understanding of accounting regulations specific to area of expertise.
• Ability to prepare basic business cases and provide input for complex business cases.
• Ability to prepare written policies, processes and procedures.
• Ability to communicate goals and employee performance feedback.
• Ability to make operational decisions and support strategic decisions.
• Previous management/supervisory-related experience.

Licenses and/or Professional Accreditation

•     At least one of CPA (CA, CMA or CGA).

At BGIS we believe that diversity and inclusion is a key business driver, such that we never lose sight of its importance as it is woven into the fabric of our organization. We are committed to maintaining a barrier-free recruitment process by providing equal employment opportunities through recruiting and retention of individuals of all backgrounds. We recognize that promoting diversity is an essential component of our continuing pursuit for organizational success!

The Senior Analyst Global Payroll and Compliance is responsible for supporting Payroll compliance projects and initiatives to ensure data accuracy and efficiency within SAP and regulatory requirements. This role collaborates with Payroll Operations, Payroll Controls, Total Rewards COE, IT&S/HR Support and other business areas to create future processes, document and manage all project related tasks and requirements. This role ensures all activities conducted are compliant with technical foundations, governing regulations, internal policies, procedures and completed in accordance with the Bank’s policies and procedures, standards, and regulations.

Is this role right for you? In this role you will: 

• Supports project execution of global expansion initiatives (Global HR Transformation), providing insights and ensuring payroll accuracy, efficiency and compliance

• Subject matter expert in Global Payroll and compliance as well as working knowledge of banking regulations, laws and policies

• Collaborates with Manager, Global Payroll and Compliance to evaluate and analyze existing payroll policies, procedures and processes to identify improvement/enhancement opportunities and implement solutions to address them

• Collaborates with Manager, Global Payroll and Compliance in SOX audit process, ensuring strong process controls are implemented and documentation is prepared and updated regularly for Financial and Regulatory processes. On an ongoing basis, ensure processes are reviewed regularly and enhanced where required.

• Conduct audits of business and compliance controls, including development and execution

• Ensure that compliance issues are appropriately logged, and remediated, ensuring the analysis, key themes, and/or root causes are identified, and impact are assessed.

• Analyze and build business requirements regarding the payroll system to align with established project requirements, and provides technical expertise and payroll systems support for SAP as required

• Holds self accountable for ensuring the accurate administration, remittance and reporting of payroll related activities in compliance with relevant employment standards and legislations 

• Seeks opportunities to improve/enhance payroll processes, provides insights and recommending solutions to Manager, Payroll and Compliance

• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions

• Manage ad- hoc projects as assigned by management or by the Sr leadership team.

• Embrace and drive change as required. Identify opportunities to improve efficiency and propose changes to the management.

• Building effective working relationships across the team and with various business lines and corporate functions.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have the below: 

• Post-secondary Degree or Diploma in Accounting or Business or related field

• Experience with a large ERP payroll system such as SAP or PeopleSoft is an asset but not a must

• Payroll Designation from the National Payroll Institute – Completed or in progress

• Previous (4+ years) experience in payroll operations

• Intermediate to advance skills using Excel

• Experienced in Power BI, MS Projects, Visio

• Deep understanding and knowledge of Bank policies and procedures

• Strong knowledge of Organizational structure and complexity

• Strong understanding of payroll policies and processes

• Excellent interpersonal and communication skills

• Attentive to details and deadlines; ability to manage multiple priorities

• Strong analytical skills

• Good knowledge of regulatory requirements, with ability to adapt as requirements change

What's in it for you? 

• The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers 

• A rewarding career path with diverse opportunities for professional development 

• Internal training to support your growth and enhance your skills 

• An inclusive working environment that encourages creativity, curiosity, and celebrates success! 

We are looking for an energetic, entrepreneurial professional who is experienced wearing multiple hats. Ability to handle a wide range of administrative and executive support related tasks while working independently with little supervision. Well organized, flexible and enjoys the administrative challenges of supporting an office of diverse people. Strong Oracle, Unifier and Excel skills are required.

What will I be doing?

• Conducts financial and contract analysis to support and maintain adherence to strategy and develops reports and presentations utilizing analytical findings that support planning and decision-making.
• Creates and manages department KPIs for Commercial Management Leadership and Senior Management review and action.
• Analyzes financial architecture and policies to develop, manage and coordinate financial, contract development and administration, and establish related procedures and processes that are consistent with company policy and sound business practices, including:
• Analyzing financial policy surrounding operations of the system 
• Supporting audits of the system and control framework development
• Supporting financial testing reviews of the system design and reports (e.g., transaction flows, Unifier, IOP testing, etc.)
• Conducting analyses and developing reports for Senior Management 
• Plans, develops, coordinates, and monitors contract spend.     
• Identifying, assessing, and recommending solutions for financial issues that impact capital and operating contracts
• Developing forecasts and financial information, including reconciling and processing invoices, expenses for individual lines of business, and tracking information for accruals. Will identify any discrepancies and recommend solutions as needed
• Recommending alternative courses of action to address threats to project completion
• Managing the “close-out” phase of contracts, ensuring all contract terms and conditions have been met and that payments due have been processed
• Analyzes administrative, operational, and/or project-related processes and procedures and develops and implements streamlined solutions for identified inefficiencies
• Prepares and formats monthly, quarterly, and “ad-hoc” financial reports from various sources of information, including statistical information. 
• Drafts and formats various other documents for internal or external audiences using templates and general guidelines.
• Maintains databases and electronic document management systems.
• Additional department administrative support, documents processing, and financial administration duties as assigned
• Develop and implement robust process monitoring systems to track key performance indicators (KPIs) and identify areas for improvement.
• Analyze data and performance metrics to identify trends, patterns, and opportunities for optimization.
• Lead cross-functional teams to develop and implement process improvements, ensuring alignment with organizational goals and objectives.
• Collaborate with stakeholders to define performance targets and establish benchmarks for success.
• Conduct regular audits and assessments to evaluate process effectiveness and compliance with standards and regulations.
• Identify and mitigate risks associated with process changes, ensuring minimal disruption to operations.
• Provide coaching and mentorship to junior team members on process improvement methodologies and best practices

What Skills and Qualifications Do I Need?

• Completion of a post-secondary College diploma program in Business Administration, Finance, Commerce, Economics – or a combination of education, training and experience deemed equivalent
• Demonstrated experience in analyzing financial architecture, financial planning and analysis, administering and negotiating contracts, and project management 
• Financial analysis, accounting principles and practices, government policy development and decision making processes, forecasting methodologies, and mathematical modelling or computer programming
• Organizational and analytical skills to coordinate a number of competing priorities under pressure to meet scheduled commitments
• Proficiency in MS Office (e.g. Outlook, Word, Excel, PowerPoint, etc.)
• Oral/written/presentation skills to develop reports and presentations to internal stakeholder and senior Management
• Experience with lean methodologies an continuous improvement an asset. 
• Experience with Power platform (BI, query) an asset
• Experience with Oracle EBS and Oracle Unifier and asset

Posting Period: 30-Aug-2024 to 16-Sep-2024

Please note: Candidates who previously applied to this job posting #45262 will not be reconsidered.

Reporting to the Manager, Finance & Administration, the Budget Coordinator is responsible for the analysis, coordination, preparation, review, implementation, and monitoring of the operating and capital budgets, budget variance reports, revenues, staffing and special projects within the Division.

The primary functions associated with this position include but are not limited to:

• Coordinates the annual budget process within the Division and provides assistance to program areas. Analyzes Division's budget submissions for content, accuracy, compliance to instructions, and determines the adequacy of justifications.
• Provides analytical support in capital and operating budget development, expenditure and revenue monitoring, and operational planning by organizing the collection and interpretation of appropriate data on costs, staffing and other resources.
• Ensures short- and long-term financial and operating objectives are being met and the Division’s cost sharing relationship with the province is safeguarded.
• Monitors, controls and analyzes expenditures, revenues and management of capital and operating budgets throughout the year. Reports on variances and financial performances in relation to the budgets.
• Analyzes and reports on key operational data that measure program effectiveness and administration efficiencies.
• Prepares financial reports for program areas and ensures timely, accurate financial information and analysis is provided to Toronto Shelter & Support Services divisional management to assist in their operational and financial decision making.
• Oversees the Division’s complement management and administers the divisional staffing budget related to divisional staffing activity.
• Establishes credible professional relationships with program management and staff that enable the provision of value-added strategic and financial planning advice with regard to their services, budget and operations.
• Reviews the purchase of services and supplies (e.g. janitorial supplies, food, electrical supplies etc.) for hostel services, confirms whether purchases will remain within the budget, and approves the Request for Purchase of Goods and Services (RPGS).
• Provides budget-related training and development to Division staff, as well as information relating to the budgeted expenditures and financial control regarding Corporate, Divisional and Unit goals/priorities.
• Establishes, maintains and recommends modifications to enhance and sustain reporting systems (i.e. utilizing Microsoft Excel) in order to provide accurate and timely information to division management, council members, other levels of government, and the media, and to ensure compliance with corporate requirements.
• Supervises, motivates and trains assigned staff, ensuring effective teamwork, high standards of work quality and organizational performance, continuous learning and encourages innovation in others.
• Coordinates, and performs research and analysis to prepare reports, including preparing reports to the Province, as required by the service contract.
• Participates in financial control system reviews to ensure the integrity of program payments and revenue streams.

Key Qualifications:

1. Post-secondary education in a discipline pertinent to the job function (such as accounting or finance), or the equivalent combination of education and experience.
2. Considerable experience in the application of the principles and practices of operating and capital budget formulation, analysis and reconciliation of ledger accounts, financial planning, and budget control.
3. Considerable experience and proficiency in Excel, and other computer-based systems, spreadsheets and databases (such as SAP, CAPTOR, Tableau, etc.).
4. Experience and advanced knowledge working with federal or provincial funding, or other cost-shared program is considered an asset.
5. A professional accounting designation (CPA) would be considered an asset.
6. Ability to coordinate large volume subsidies from federal/provincial ministries and other external funding sources.
7. Ability to conduct business process reviews and analysis to streamline and improve work efficiencies.
8. Strong research, analytical and problem solving skills.
9. Knowledge of the General Accepted Accounting Principles (GAAP) and accounting standards for public sector (Public Sector Accounting Board).
10. Superior analytical and highly developed interpersonal, conflict resolution and problem-solving skills with the ability to interact, work and communicate effectively both verbally and in writing with senior management and staff at all organizational levels.
11. Ability to supervise unionized staff, to motivate and train staff in budget and accounting systems.
12. Familiarity with relevant collective agreements and government legislation i.e. Occupational Health and Safety, and regulations governing social services.