Senior Finance Analyst - Toronto, Canada - YMCA of Greater Toronto

Description

Salary Rate:
$65,000 - $72,000 – Check out the YMCA's total compensation package

Location: 90 Eglinton Ave. East YMCA - Finance Department

Work Hours:
Must be available to work Monday to Friday, 37.5 hours per week

Employment Type:
Regular Full Time Salaried

Number of Vacancies: 1


Anticipated Start Date:
June 01, 2024

Deadline to Apply:
May 13, 2024 at 5:00 pm

Be the Spark Join our dynamic Finance team, where every day is different, and you will always be engaged with meaningful work

The Senior Financial Analyst is responsible for analyzing the financial statements, at the program level, reviewing claim forms and funding contracts, and preparing various financial reports required by the funders.

They will support senior leaders in forecast modelling for the association and upcoming projects, and is responsible for the preparation of program audit files.

The Senior Financial Analyst works closely with senior management in Employment and Community (E&C) for the preparation of funding proposal submissions and mandatory reporting to various funders.

In collaboration with the Associate Manager, the Senior Financial Analyst, will establish best practices to ensure adherence to regulatory and YMCA guidelines.

In this role, you will:
Lead the preparation of accurate and timely monthly claims, and periodic financial reports, as required, and in compliance with funding agreements and guidelines
Perform monthly financial analysis and reporting on programs, as requested by Finance management
Review the financial/accounting sections of the funding proposals and agreements, and provide feedback to senior staff in Employment, Community, and National programs
Monitor Employment and Community programs performance to ensure compliance with approved budgets and contracts and maintains communication with program staff on financial results
Manage month-end preparation and closing procedures in an accurate and timely manner.

Prepare the reconciliation of accounts receivable, deferred revenues, and other selected General Ledger accounts related to Government funding, and review monthly revenue drawdowns and Association Allocations (A&A) calculations.

Support the external audit process by preparing audit documentation and analysis, and providing professional explanations to auditors' inquiries regarding controls and revenues and expenses testing
Participate in the review and analysis of the E&C annual budgets.
Perform budget variance analysis on Employment and Community financial statements to support monitoring financial performance
Participate in decisions relating to accounting policy changes, enhancements to accounting systems and modifications to YMCA policies.

Understand the importance of the volunteer staff partnership and integrates the value of philanthropy and volunteerism in dealings with members, volunteers, donors and staff.

Perform other duties as assigned


You bring:
Post-secondary education in Accounting, Finance or Business or equivalent experience
Minimum three years of accounting experience
Understanding of the entire accounting process, from data-entry, to completing Financial Statements.
Knowledge of Canadian Accounting Standards for Not for Profit Organizations is an asset
Experience in computerized accounting systems and in preparation of financial statements and financial reports.
Previous experience working within an organization with government funding an asset.
Strong computer skills (Advance Excel, Word, computerized accounting package, knowledge of Access an asset).
Well-developed interpersonal, and relationship building skills; ability to establish rapport and excellent communication with members, staff and volunteers
Detail orientation and have superior analytical and financial analysis skills.
Excellent written, oral communication and problem-solving skills
Excellent understanding of diversity, inclusion and equity including the ability to identify and address barriers, work effectively with diverse stakeholders, and integrate equity into program design


What you need to succeed:
Commitment to the YMCA's Mission, Vision and Values
Focus on the health, safety and wellbeing of all children, youth, and vulnerable people in YMCA programs including understanding legal and moral obligations related to reporting suspected child abuse to Child Protection Services

YMCA Competencies:
Accountable, Relationship-Builder, Improvement-Orientated, Team Player & Leader, Equity and Wellbeing Promoter

Why work for the YMCA?

The YMCA of Greater Toronto is a charity that ignites the potential in people, helping them grow, lead, and give back to their communities.

We are committed to helping our employees reach their full potential and are recognized as a great place to work.

We offer meaningful jobs and the opportunity to make a difference in the lives of individuals and the health of our communities.

See what you can expect from the YMCA here.

Joining the Y means contributing to over 165 years of providing opportunities for people to shine through programs and services like health and fitness, licensed child care, camps, employment and immigrant services, education and training, and services for youth, families, and seniors.

Learn more in our 2020–2025 strategic plan, Ignite the Light, which outlines how we are focused on boosting well-being and promoting equity across the Greater Toronto Area.

The YMCA of Greater Toronto is committed to Diversity, Equity, Inclusion and Belonging.

We strive to remove barriers to employment and recognize that diverse staff who reflect the communities we work in enrich the experiences of our participants and our team.

As an equal opportunity employer, we invite applications from all qualified candidates including racialized people/people of colour, Indigenous Peoples, disabled people/people with disabilities and members of 2SLGBTQIA+ communities.

If we can make the recruitment process more accessible for you, please let us know when we reach out about a job opportunity so we can work with you to accommodate your needs.

In keeping with our commitment to safety and child protection, job offers are contingent on the successful completion of a Police Records Check.

Within the first four months and every three years thereafter, a Vulnerable Police Records Check is required. Learn more about these checks here.

The YMCA only considers applicants who are legally entitled to work in Canada.

We thank all applicants for their interest, however, due to the volume of applications we receive, we can only contact candidates who are selected for an interview.

Check out the next steps in our recruitment process and see what others are saying about working at the YMCA.