Financial Analyst Accounting Services

City of Toronto • Union, NJ

3d • Onsite

About The Position

The Accounting Services Division within the City of Toronto is responsible for delivering the City's financial reporting obligations and ensuring that the City's financial transactions are accounted for in accordance with the Public Sector Accounting Standards (PSAS). The Division's Corporate Financial Reporting section is seeking a Financial Analyst. Reporting to the Senior Financial Analyst, Accounting Services, the Financial Analyst (FA) will be responsible for supporting the City’s tangible capital asset (TCA) reporting process. Specifically, you will serve as a financial advisor to an assigned portfolio of City divisions and the City’s consolidated entities to provide interpretations of Generally Accepted Accounting Principles (GAAP), including Public Sector Accounting Standards (PSAS), to support the overall evaluation of the City’s capital expenditures and related projects.

Requirements

• Post-secondary education in a discipline relevant to the job function (e.g., Bachelor of Commerce with a major in Accounting).
• Enrollment in or completion of the CPA Professional Education Program, or have a Canadian Chartered Professional Accountants designation with CPA Ontario or another CPA provincial body (e.g., CPA, CA, CMA, or CGA).
• Considerable accounting, financial reporting, TCA reporting, and/or auditing experience in a public or private sector entity.
• Considerable experience with municipal accounting and/or Generally Accepted Accounting Principles, including Public Sector Accounting Standards (PSAS), Canadian Auditing Standards, Provincial statutes and regulations, City by-laws, and Council directions.
• Considerable experience performing financial and accounting analysis to support decision-making processes, as well as identifying and investigating unusual financial trends and transactions to evaluate the accuracy of accounting treatment decisions.
• Considerable experience performing research, including report writing, data collection, and critical analysis of information from various sources.
• Experience working with and analyzing large data sets to drive processes and develop meaningful insights.
• Excellent customer service and interpersonal skills, including the ability to communicate effectively to all organizational levels.
• Knowledge of financial and internal controls.
• Excellent organizational and multi-tasking skills with the ability to juggle multiple priorities with competing timelines.
• Proficient in Microsoft Office Suite (e.g., Word, PowerPoint, and Excel) and computer-based accounting systems (e.g., SAP and Oracle).
• Demonstrates strong analytical, conflict resolution, and problem-solving skills to develop, recommend, and implement effective solutions.
• Has sound judgment and the ability to address confidential, sensitive matters.
• Ability to take initiative and work independently with minimum supervision and to plan, prioritize, and execute tasks.
• Ability to work overtime when required.
• Familiarity with Ontario Statutes, including the Occupational Health and Safety Act, employment standards, labour and human rights, and other applicable government legislation.

Nice To Haves

• Experience coaching and mentoring CPA Associates and other professional staff.
• Demonstrated ability to lead and motivate teams, manage workloads and performance expectations, and foster a culture of continuous learning, accountability and service excellence.

Responsibilities

• Supporting the City’s tangible capital asset (TCA) reporting process.
• Serving as a financial advisor to an assigned portfolio of City divisions and the City’s consolidated entities.
• Providing interpretations of Generally Accepted Accounting Principles (GAAP), including Public Sector Accounting Standards (PSAS).
• Supporting the overall evaluation of the City’s capital expenditures and related projects.
• Developing various deliverables in support of the Division’s mandate and priorities (e.g., financial statements, annual financial report, other City Council reports, accounting briefing memos and presentations, dashboards, etc.).
• Defending the City’s accounting position to stakeholders, including the external auditors.
• Translating accounting guidance for non-finance professionals.
• Collaborating and/or interacting with a diverse mix of stakeholders, including but not limited to other divisional staff, external auditors, City Council or its sub-committees, and senior levels of government.
• Exploring and implementing improvements to the City’s TCA reporting process and financial system.
• Upholding the highest standards of ethics and integrity to achieve excellence in accounting practices and reporting.
• Exercising independent judgement and discretion when dealing with confidential matters.
• Coaching and mentoring CPA Associates and other professional staff.
• Leading and motivating teams, managing workloads and performance expectations, and fostering a culture of continuous learning, accountability and service excellence.
• Performing financial and accounting analysis to support decision-making processes.
• Identifying and investigating unusual financial trends and transactions to evaluate the accuracy of accounting treatment decisions.
• Performing research, including report writing, data collection, and critical analysis of information from various sources.
• Working with and analyzing large data sets to drive processes and develop meaningful insights.
• Addressing confidential, sensitive matters.

Benefits

• The City is an equal opportunity employer, dedicated to creating a workplace culture of inclusiveness that reflects the diverse residents that we serve.
• The City of Toronto is committed to creating an accessible and inclusive organization.
• We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA).
• Should you require Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.
• Disability-related accommodation during the application process is available upon request.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior