SENIOR FINANCIAL ANALYST ACCOUNTING SERVICES
About The Position
The Accounting Services Division within the City of Toronto is responsible for delivering on 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 Senior Financial Analyst. Reporting to the Manager, Tangible Capital Assets, the Senior Financial Analyst (SFA) will be responsible for leading the City's tangible capital asset (TCA) reporting process. This includes preparing and monitoring the annual and ongoing work plan, serving as primary financial advisor and leader to an assigned portfolio of City divisions and the City's consolidated entities, and providing interpretations of complex capital projects and Generally Accepted Accounting Principles (GAAP), including Public Sector Accounting Standards (PSAS). This role requires significant interaction with the City's key stakeholders and in particular, you will liaise with representatives from City divisions and the City's consolidated entities to ensure proper interpretation and application of PSAS requirements and corporate accounting policies, deliver related training, and prepare accounting position papers on the City's complex accounting transactions. In addition to this, you will bring extensive experience completing analysis for tangible capital assets and performing related activities (i.e., developing TCA policy, interpreting PS 3150, and providing TCA advice to stakeholders and consolidated entities). Your experience leading, motivating, and training staff that will have equipped you to handle leadership duties such as, supervising the day-to-day operation of all assigned staff, with a focus on ensuring effective teamwork, high standards of work quality and organizational performance, and promoting continuous learning and development as well as nurturing creative and innovative ideas to improve processes and service delivery. As a successful candidate, you are an excellent communicator who is capable of translating accounting guidance for non-finance professionals, as well as enjoys 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 management. You are a self-starter who takes initiative, thrives on leading projects independently, and consistently drives tasks through to completion. As a successful candidate, you are highly organized, detail-oriented, and able to manage multiple priorities with minimal supervision. You enjoy learning and challenging the status quo to explore and implement improvements to the City's TCA reporting process and financial systems achieve excellence in accounting practices and reporting and you exercise independent judgement and discretion when dealing with confidential matters. Equally important, you are committed to the highest standards of ethics and integrity, and can lead cross-divisional teams, facilitate decision-making and achieve excellence in accounting practices and reporting, as well as exercise independent judgement and discretion when dealing with confidential matters.
Requirements
- Canadian Chartered Professional Accountants designation with CPA Ontario or another CPA provincial body (e.g., CPA, CA, CMA, or CGA).
- Minimum 5 years of professional experience in a public or private sector accounting environment.
- 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.
- Excellent customer service and interpersonal skills, including the ability to communicate effectively to all organizational levels.
- Highly developed analytical skills with expertise in Excel, including the ability to structure, organize, and analyze large and complex data sets.
- Experience analyzing business processes and identifying opportunities to improve efficiency, streamline workflows, and enhance overall performance.
- 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).
- Strong analytical, conflict resolution, and problem-solving skills to develop, recommend, and implement effective solutions.
- 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.
Responsibilities
- Leading the City's tangible capital asset (TCA) reporting process.
- Preparing and monitoring the annual and ongoing work plan.
- Serving as primary financial advisor and leader to an assigned portfolio of City divisions and the City's consolidated entities.
- Providing interpretations of complex capital projects and Generally Accepted Accounting Principles (GAAP), including Public Sector Accounting Standards (PSAS).
- Liaising with representatives from City divisions and the City's consolidated entities to ensure proper interpretation and application of PSAS requirements and corporate accounting policies.
- Delivering related training.
- Preparing accounting position papers on the City's complex accounting transactions.
- Completing analysis for tangible capital assets and performing related activities (e.g., developing TCA policy, interpreting PS 3150, and providing TCA advice to stakeholders and consolidated entities).
- Supervising the day-to-day operation of all assigned staff, focusing on effective teamwork, high standards of work quality, organizational performance, and promoting continuous learning and development.
- Nurturing creative and innovative ideas to improve processes and service delivery.
- Translating accounting guidance for non-finance professionals.
- Collaborating and/or interacting with a diverse mix of stakeholders, including other divisional staff, external auditors, City Council or its sub-committees, and senior levels of management.
- Leading projects independently and driving tasks through to completion.
- Managing multiple priorities with minimal supervision.
- Implementing improvements to the City's TCA reporting process and financial systems.
- Achieving excellence in accounting practices and reporting.
- Exercising independent judgement and discretion when dealing with confidential matters.
- Leading cross-divisional teams.
- Facilitating decision-making.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
