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ACCOUNTING ASSISTANT 1

City of Toronto
Toronto, Ontario Full Time
POSTED ON 6/6/2024 CLOSED ON 7/9/2024

Job Posting for ACCOUNTING ASSISTANT 1 at City of Toronto

Job ID: 47501
Job Category: Finance, Accouting & Purchasing
Division & Section: Toronto Paramedic Services, PS Operational Support
Work Location: 4300 Dufferin Street
Job Type & Duration: Full-time, Permanent Vacancy
Hourly Rate: $41.33 - $45.26
Shift Information: Monday to Friday, 35 hours per week
Affiliation: L79 Full-time
Number of Positions Open: 1
Posting Period: 04-JUN-2024 to 18-JUN-2024
Job Description
Reporting to the Supervisor, Financial Services, this senior accounting position provides overall direct financial and accounting services to Toronto Paramedic Services through daily, monthly, quarterly and annual financial account processing, analysis, reviews, reconciliations and financial reporting. This position is a major liaison with other Corporate Divisions, Corporate Finance and external auditors.

Major Responsibilities:
  • Performs accounting duties such as reviewing, researching, analyzing and reconciling ledger accounts, setting up and maintaining expenditures and revenue working papers with advanced spreadsheets for resolutions, within established and tight timelines, comprehensively done monthly, quarterly and annual financial expenditure and revenue reports for Divisional and Corporate Finance reporting requirements, both operating, capital and/or reserve accounts
  • Lead role in preparing, analyzing, reconciling and resolving accounting entries when needed, as well as ensuring any Federal and/or Provincial Ministry financial reporting (some externally audited), any Statistics Canada reports and all Corporate Finance required Division reports, are completed accurately and on time with tight timelines.
  • Initiates procedural improvements, supports and trains others on existing and new procedures, and monitors the Corporate Accounting policies and procedures to ensure the financial team follows all requirements and internal controls accordingly, for example, internal controls for petty cash
  • Prepares, reconciles and provides financial analysis explanations, within established and tight timelines, the comprehensive Ministry of Health (MOH) - Central Ambulance Communications Centre (CACC) audited financial statement and is the lead liaison co-ordinating with the external Auditor for this annual reporting
  • Prepares, analyzes and reconciles, within established and tight timelines, comprehensive annual financial expenditure and revenue reports for Statistics Canada reporting requirements, both operating and capital accounts
  • Coordinates with Corporate Finance as well as all other City Divisions and/or internal auditors, with respect to following City Accounting policies and procedures, including managing the Division's Financial Signing Authority Schedule
  • Reviews, monitors and researches all monthly divisional financial variance reports and cost centre and cost element information; makes comments or corrections as necessary to resolve posting issues after performing detailed analysis and prepares adjusting journal entries and reports findings for Senior Management
  • Prepares ad-hoc and year-end working papers for analysis purposes, reconciles and initiates resolutions or seeks instructions from the Supervisor
  • Directs team staff below this position and provides training, advice and guidance as needed
  • Provides assistance on accounting and financial related matters, financial analysis, claims and other information to any front-line Division staff, to Reporting Supervisor or to Senior Management as requested
  • Creates ad hoc financial system reports for analysis purposes as required by the Supervisor, Manager or any Senior Management
  • Provides assistance and support to the Supervisor and Division for areas on banking, accounts receivable and payables, as well as Pcards, petty cash and purchasing as needed
  • Coordinates with co-workers or team members to ensure accurate and timely completion of projects and assignments as needed
  • Performs other special projects for tracking costs/revenues for reporting as needed

Key Qualifications:
Your application must describe your qualifications as they relate to:
  • Completion of a professional accounting designation or the equivalent combination of education and work experience.
  • Experience at a senior accounting level in the public or private sector, and accounts reconciliations in operating and capital environment.
  • Extensive experience in accounting and financial reporting administration in accordance to City Accounting Policies and Procedures.
  • Extensive experience in SAP in the areas of Variance Reporting, Accounts Payable, Accounts Receivable, and General Ledger, with extensive knowledge of financial and accounting systems and processes and system controls, where budget experience would be an asset.
  • Extensive experience in Excel and MS Office including practical experience in computer based systems and databases as they relate to financial analysis and budgets.
  • Experience providing effective work direction and on the job training to staff.

You must also have:
  • Knowledge of accounting principles and techniques, policies, procedures, maintenance of general and subsidiary ledgers, deployment of control accounts, reconciliation of accounts, and Generally Accepted Accounting Practices (GAAP).
  • Knowledge of the City's By-Laws, policies and procedures with respect to accounting, accounts payable, revenues, purchasing and financial reporting.
  • Highly skilled in extracting large amounts of data from corporate systems and organizing and analyzing that data for the purpose of transforming the data into information for management decision making.
  • Ability to interpret, understand and implement new complex procedures and agreements and to initiate innovative ideas.
  • Ability to communicate clearly and effectively with all levels of staff and with external clients.
  • Demonstrated ability to lead, motivate, coach and work harmoniously in teams.
  • Highly developed analytical, conflict resolution, problem solving and presentation skills.
  • Knowledge of the principles and practices used in the effective application of financial analysis of major business and government operations.
  • Highly developed communication skills both orally and in writing at all organizational levels.
  • Ability to work overtime when required.
  • Ability to travel to various locations to attend and provide off-site training sessions.

NOTE TO INTERNAL FULL-TIME AND PART-TIME CITY OF TORONTO EMPLOYEES:
City of Toronto employees must apply to full-time or part-time employment opportunities posted on the City's Internal Job Posting Portal.
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.

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