FINANCIAL ANALYST ACCOUNTING SERVICES
About The Position
The Accounting Services Division of the City of Toronto is responsible for preparing the City’s annual consolidated financial statements, developing and maintaining the City's accounting policies, interpreting and visualizing complex financial data, and ensuring that all transactions are accounted for in accordance with Public Sector Accounting Standards (PSAS). 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, prepare management reports, implement new requirements under PSAS, and assist in the preparation of the City's annual financial statements, which includes a consolidation of controlled entities. 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 prepare financial statements, provide accounting advice to stakeholders on complex transactions, create financial models and data visualization tools, develop training modules to enhance City-wide understanding of PSAS requirements, and develop monthly, quarterly and annual management 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 supervise support staff, including scheduling, staff training and performance development.
Requirements
- 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 (e.g., CPA, CA).
- 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.
Responsibilities
- Perform analysis of accounts in the City’s general ledger.
- Prepare management reports.
- Implement new requirements under PSAS.
- Assist in the preparation of the City's annual financial statements, including a consolidation of controlled entities.
- Prepare financial statements.
- Provide accounting advice to stakeholders on complex transactions.
- Create financial models and data visualization tools.
- Develop training modules to enhance City-wide understanding of PSAS requirements.
- Develop monthly, quarterly and annual management reports, including quarterly reports for Statistics Canada.
- Keep abreast of relevant provincial statutes and regulations, by-laws and Council directions.
- Ensure controls are designed and maintained in accordance with City by-laws and policies.
- Investigate issues raised by internal and external auditors.
- Lead special projects and assignments.
- Supervise support staff, including scheduling, staff training and performance development.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
