Financial Systems Analyst - Toronto, Canada - City of Toronto

City of Toronto
City of Toronto
Verified Company
Toronto, Canada

3 weeks ago

Sophia Lee

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Sophia Lee

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Description

Job ID: 44696


Job Category:
Finance, Accounting & Purchasing


Division & Section:
Housing Secretariat, Finance & Business Services


Work Location:
Metro Hall, 55 John Street


Job Type & Duration:
Full-time, Temporary (12 months) vacancy


Salary:
$78,234 - $98,571 annually


Shift Information:
Monday - Friday, 35 hours per week


Affiliation:
Non-Union


Number of Positions Open: 1


Posting Period: 9-Feb-2024 to 26-Feb-2024


The Financial Systems Analyst will have an understanding of financial analysis and reporting to review and process various financial documents submitted by non-profit housing providers in accordance with pre-established standards and routines.

Your primary responsibilities as a Financial Systems Analyst will be varied.

Working as part of a team reporting to a Senior Financial Analyst, you will:


  • Performs research and prepares community housing operating budget and variance report
  • Conduct financial analysis and provide recommendations on financial matters to Housing Stability Services Unit staff and management
  • Review financial documents submitted by nonprofit housing providers for completeness and accuracy
  • Process and review subsidy requests submitted by nonprofit housing providers with reference to established guidelines and review procedures
  • Process and review payments to ensure alignment with service agreements and approved Council reports
  • Reviews payments request from agencies to determine accuracy, availability of funds and compliance with funding agreement and City's policy and procedures
  • Maintains and update lifetodate files for grants to report on availability of funds
  • Participate in reviews of housing provider operations including onsite reviews Draft communications to nonprofit housing providers regarding financial and program compliance matters
  • Assist with the review of housing provider operations and compliance with the Housing Services Act (HSA), Rent GearedtoIncome (RGI) Service Agreement, City Guidelines and other contractual obligations with the City
  • Assist with the review of development and maintenance requests that propose changes to the information technology systems used to manage the business relationship with
- service providers

  • Assist with the development of reports and analytical tools to monitor service
- provider compliance with legislated and contractual obligations

  • Liaises with the Unit, external contacts and board of directors and auditors.
  • Reviews audited financial statements together with auditors' reports/related financial reporting documents for completeness, compliance and accuracy of accounting information
  • Attends meetings to provide and clarify financial information and resolve issues

Key Qualifications:


  • A degree in accounting, financial management or business administration or equivalent. Possession of a Chartered Professional Accountant (CPA) designation is preferred.
  • Considerable experience in the preparation of budgets, forecast, complex financial statements and analysis.
  • Considerable experience in accounting and computerbased accounting systems.
  • Experience conducting financial and/or program compliance audits independently.
  • Ability to work independently in a demanding, fast paced, constantly changing environment.
  • Ability to communicate effectively, both orally and in writing.
  • General understanding of the principles and practices employed in the effective financial analysis of business and government operations.
  • General understanding of financial reporting and financial statements including non
- profit reporting requirements.

  • Ability to effectively manage multiple tasks and deadlines.

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

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