FINANCIAL ANALYST ACCOUNTING SERVICES (TANGIBLE CAPITAL ASSETS)
- Job ID: 50454
- Job Category: Finance, Accounting & Purchasing
- Division & Section: Accounting Services, Analysis and Financial Reporting
- Work Location: Metro Hall, 55 John Street
- Job Type & Duration: Permanent, Full-Time vacancies
- Salary: $93,734 - $123,449, TM0942, Wage Grade 6.5
- Shift Information: : Monday to Friday, 35 hours per week
- Affiliation: Non-Union
- Qualified List will be established to fill permanent and temporary positions.
- Number of Positions Open: 1
- Posting Period: 06-Nov-2024 to 20-Nov-2024
The Accounting Services Division within the City of Toronto (the City) 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 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.
The Division's mandate calls for a level of expertise acquired through the completion of or participation in the Canadian Chartered Professional Accountant (CPA) program offered by CPA Ontario or another provincial body. Such a background will have included knowledge and experience with GAAP, subject matter expertise in TCA reporting processes, internal control assessments, and the development and implementation of accounting policies and procedures.
Your track record of success is also supported by experience with various software packages, including Microsoft Office applications, such as Excel, Word, and PowerPoint, as well as computer-based accounting systems (e.g., SAP, Oracle, Business Intelligence, etc.)
Your background in TCA reporting, financial reporting, and/or auditing will have equipped you to think creatively and critically to solve complex accounting matters, develop 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.), and ultimately, help defend the City’s accounting position to stakeholders, including the external auditors.
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 government. You enjoy learning and challenging the status quo to explore and implement 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, and exercising independent judgement and discretion when dealing with confidential matters.
Among the many strengths you bring to the role of Financial Analyst, Accounting Services, the following are the key qualifications of the position:
- 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.
- 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.
Equity, Diversity and Inclusion
The City is an equal opportunity employer, dedicated to creating a workplace culture of inclusiveness that reflects the diverse residents that we serve. Learn more about the City’s commitment to employment equity.
Accommodation
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. Learn more about the City’s Hiring Policies and Accommodation Process.