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.
- 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.
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.
- 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.
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 firstname.lastname@example.org, 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.