Accounting Assistant Job in Toronto, Canada


There is a job opening for the position of Accounting Assistant in Toronto, Canada. The major responsibilities for the person who gets this job are stated below.

Job Responsibilities

  • Accounting task which includes reviewing, researching, analyzing and reconciling ledger accounts, setting up and maintaining expenditures and revenue working papers, spreadsheets and reconciliation to General Ledger.
  • Prepares the monthly departmental financial statements and other financial information (e.g. annual bad debt costs, accommodation rate adjustments, Resident Accommodation Subsidy process, correspondence, memoranda, summaries, documentation) for Long-Term Care and/or Social Development, Finance and Administration, Provincial and Federal Governments.
  • Prepares and calculates subsidy claims and other ad hoc financial and statistical reports to the Provincial and Federal Government.
  • Prepares and maintains accounts receivable functions including bank deposits and reconciliation, preparing, reviewing, posting and reconciling journals entries.
  • Analyzes, documents and facilitates the division’s resident accounting business processes
  • Researches and analyzes financial information such as reviewing the Ministry of Health and Long-Term Care legislation and charge reports, and validating the accuracy and compliance of the Homes
  • Prepares financial statements and expenditure reports i.e. trust fund statements, revenue tracking, capital expenditure reports, Council initiated special projects expenditure reports, and reserve fund schedules.
  • Reviews financial system reports, i.e., variance, cost center, miscellaneous accounts, and makes comments or corrections as necessary.
  • Analyzes and reconciles account balances such as accounts receivables.
  • Prepares, reviews, and posts journal entries.
  • Co-ordinates projects and assignments such as assisting in the preparation of divisional audit tools that meet the requirements of the Ministry of Health and Long-Term Care Inspection Protocols
  • Directs and supports accounting staff and provides training (e.g. presentations), advice and guidance as needed.
  • Provides assistance on accounting & financial related matters to the Divisions (e.g. preparing revisions for accounting-related operational and procedural manuals).
  • Provides financial analysis (e.g. providing guidance on divisional policies and processes), claims and other information to the Divisions as requested.
  • Creates ad hoc financial system reports for analysis purposes.
  • Ensures internal controls for petty cash are maintained in accordance with City By-laws and policies.
  • Co-ordinates with the City, Provincial and Federal Auditors.
  • Prepares working papers for year-end closing.

Qualification Required

To qualify for the said job, you must possess the following qualifications

  • Completion of a degree in an accounting or business program and completion of or working toward completion of a CPA (Chartered Professional Accountant) designation or equivalent combination of education and/or experience in an accounting/financial environment.
  • Extensive experience analyzing financial data and preparing financial statements and reports using computer office systems such as Microsoft Office (e.g. Excel, Word, Access) or financial information systems such as SAP
  • Considerable experience in municipal accounting or relevant private sector accounting experience.
  • Experience in investigating and analyzing administrative and business processes and procedural inefficiencies, recommending solutions and implementing decisions.
  • Experience in the processes of banking-related activities, accounts receivable, and bank reconciliations.

Other Requisites

  • Advanced knowledge of financial accounting and internal controls, cash management practices, long-term care legislation and regulations, accounting principles, and financial management systems.
  • Excellent conceptual and problem-solving skills.
  • Excellent organizational, prioritization and multi-tasking skills with the ability to meet tight deadlines.
  • Strong interpersonal skills with the ability to work effectively in a team environment.
  • Ability to work independently with minimal supervision.
  • Analytical skills in assessing and reviewing business processes.
  • Ability to perform complex detailed computations and calculations.
  • Excellent oral and written communication skills
  • Ability to establish good working relationships with staff, management, agencies, City and Provincial Departments, residents and their families.
  • Knowledge of the principles of continuous quality improvement and customer service.
  • Ability to support the Toronto Public Service values to ensure a culture that champions equity, diversity, and respectful workplaces.

Please Note:

Accommodation: If you are an individual who requires accommodation, due to disability under the Ontario Human Rights Code, to apply for this position, please email us at, quoting job ID # 2314440 and the job classification title. The City is committed to providing Code-protected accommodation throughout its hiring process. Please visit Hiring Policies and Statements for further details.


  1. Comment: Hello my dear i am Tinsae Abusha i live in Ethiopia
    i am Degree in accounting and Finance and more than three yrs experiance in united bank of ethiopia and i want job in torronto
    my phone number +251916452119


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