Accounting Analyst

Ian Martin Group; Toronto; On-site; CAD 60,000 - 75,000; Full time

Job summary

Raise in Toronto is seeking an Accounting Analyst to join our finance team for a 2‑month contract.

You will analyze financial records, reconcile GL and bank accounts, prepare journal entries, and support reporting for audits. Candidates should have a college diploma or degree in accounting/finance, CPA/CMA/CGA in progress, and at least 3 years of financial analysis experience; advanced Excel and Salesforce experience are a plus.

Qualifications

• College diploma or degree in Finance, Business or Accounting is required.
• Completion or working towards a professional accounting designation (CPA, CMA, CGA, or equivalent) is required.
• 3 years of relevant experience in financial analysis.

Responsibilities

• Analyze financial records and reconcile G/L and bank accounts; prepare journal entries and investigate discrepancies.
• Prepare Fixed Asset Capitalization and Amortization entries and maintain schedules.
• Support in daily cash balance reports and validation reports to ensure system integrity.
• Reconcile G/L Balance Sheet accounts and salaries/wage advance accounts; assist with RESP/OCBe/CSA/OCBe reporting.

Skills

GAAP knowledge

Advanced Excel

Interpersonal skills

Written & verbal communication

Analytical mindset

Multitasking

Attention to detail

Autonomous / self-starter

Adaptability

Education

College diploma or degree in Finance/Accounting

CPA/CMA/CGA or equivalent (in progress or required)

Tools

Salesforce

BI tools

Relational databases

Job description

Accounting Analyst

Pay Rate: (flexible)

Location: Toronto ON

Contract Length: 2months

MAJOR RESPONSIBILITIES

1. Analyzes financial records, reconciles G/L accounts and bank accounts, prepares journal entries and investigates discrepancies as required; prepares various schedules for reporting and audit purposes, communicates with stakeholders and takes corrective actions.
2. Prepares Fixed Asset Capitalization and Amortization entries, updates schedules and maintains backup documents.
3. Supports accounting department staff to:
4. a. Complete daily cash balance reports.
5. b. Complete various validation reports to confirm system integrity.
6. c. Initiate notification of transfer between bank accounts and respond to cheque clearing confirmation requests.
7. d. Complete Society accounts receivable/cost recovery functions and record keeping related to services provided to other agencies, such as salary/benefit recoveries of seconded employees and others; review and interpret agreements and prepare billings accordingly. Close and balance sub-ledger reports to GL.
8. e. Reconcile General Ledger Balance Sheet accounts and maintain related reconciliation schedules, including receivable and various liability accounts.
9. f. Reconcile salaries and wage advance accounts.
10. g. Prepare Ministry-mandated reports of Society clients' Registered Education Savings Plan (RESP) and Ontario Child Benefit Equivalency (OCBe) account activities.
11. h. Maintain accounting records and prepare reports related to clients' OCBe, RESP, and Children In-Trust funds, providing client account reports/statements and responding to enquiries.
12. i. Maintain client-related accounts: Children's Special Allowance (CSA), and Universal Child Care Benefit (UCCB) funds.
13. j. Support in administration of inventory of gift cards.
14. k. Work with supervisor to identify and implement continuous improvements. Also, support process and system changes carried out by the team.
15. l. Update GL download data files.
16. m. Complete validations to support payment cycle.
17. n. Document existing and new processes as necessary.
18. Acts as an additional back-up to Financial staff as required.
19. Performs financial reporting/account analyses as requested for financial reports for Auditors.
20. Works in a safe manner in accordance with the Society's health and safety policies and procedures and all relevant legislation.
21. Acts in accordance with and incorporates Society's Code of Ethics, Confidentiality, Anti-Oppression/Anti-Racism, Harassment & Discrimination policies, etc.
22. Uses sound judgment in consideration of financial resources.
23. Complies with Society's financial policies and procedures.

Education and Experience

• College diploma or degree in Finance, Business or Accounting.
• Completion or working towards (intermediate standing) a professional accounting designation (CPA, CMA, CGA, or equivalent) is required.
• 3 (three) years relevant experience in financial analysis.

Knowledge and Skills

• Knowledge of Generally Accepted Accounting Principles (GAAP) and sound ability in accounting practices and procedures.
• Proficiency with Microsoft Office applications including advanced Excel skills.
• Developed interpersonal, customer service skills to work cooperatively with staff.
• Strong written and oral communication skills.
• Excellent analytical and problem-solving skills.
• A proven record in multi-tasking, organizing, prioritizing and meeting tight deadlines.
• Quality and detail oriented.
• Self-starter with the ability and confidence to work autonomously, yet able to take direction.
• Ability to adapt to the changing needs of the team, the branch as well as work in a fast-paced setting.

Assets

• Experience interacting with relational databases and BI tools.
• Familiarity with the Child Welfare sector.
• Experience implementing and assessing internal controls.
• Familiar with enterprise risk management programs.
• Experience using Salesforce for maintaining records, tracking information, and generating reports.

Looking for meaningful work? We can help

Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we're a certified B Corporation and donate 10% of our profits to charity.

We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.

We have a dedicated webpage for accommodations where you can learn more about what we offer, and request accommodation: https://raise.jobs/accommodations/