Senior Accountant – Revenue

Yonge Street Mission • Toronto, ON

7d • Hybrid

About The Position

Yonge Street Mission (YSM) is a non-profit Christian organization dedicated to ending chronic poverty in Toronto. Since 1896, YSM has been transforming lives through holistic programs and services, offering a pathway for vulnerable individuals and communities to move from surviving to thriving. YSM seeks passionate individuals who believe in treating everyone with dignity and respect and have a heart for serving those in need.

This Senior Accountant – Revenue position is a full-time role (37.5 hours per week) responsible for overseeing and managing revenue accounting in compliance with Accounting Standards for Not-for-Profit Organizations (ASNPO). Reporting to the Manager, Finance, this role is crucial for ensuring accurate recognition, reporting, and analysis of various revenue streams, including restricted and unrestricted revenues, grants, donations, and program funding. The position also contributes to month-end close, financial reporting, audits, and internal controls.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field
• 5+ years of progressive accounting experience, with a strong focus on non-profit revenue accounting
• Hands-on experience applying ASNPO standards
• Experience with grants, donations, deferred contributions, and restricted funding
• Strong understanding of internal controls and audit processes
• Experience with accounting systems and Excel (advanced proficiency preferred)

Nice To Haves

• CPA designation (or working toward)

Responsibilities

• Manage and record all revenue transactions in accordance with ASNPO standards.
• Ensure contributions, grants, donations, sponsorships, and deferred revenue are properly recognized, tracked, reconciled, and supported by accurate records, including bank reconciliations for fundraising accounts.
• Oversee revenue-related accounting activities during month-end and year-end close processes.
• Prepare journal entries, invoices, reconciliations, and financial statement disclosures to ensure revenue reporting is accurate, complete, and compliant.
• Monitor grant funding and donor-restricted contributions to ensure compliance with funding agreements.
• Support grant reporting and reconciliations, coordinate with program and fundraising teams, and process cash and cheque deposits accurately.
• Support audits by preparing schedules and responding to auditor requests.
• Maintain and strengthen internal controls, policies, and procedures related to revenue accounting and financial compliance.
• Partner with fundraising, program, and finance teams to ensure proper revenue recognition and reporting.
• Provide guidance on accounting requirements.
• Contribute to process improvements.
• Perform ad hoc assignments and serve as backup support for other finance team members when needed.

Benefits

• Group RRSP matching
• Annual leave
• Paid personal days
• Comprehensive health and dental care coverage
• Employee and Family Assistance Program that includes counselling services by Christian professionals
• Flexible hybrid work arrangements

What This Job Offers

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