Financial Accountant

The Salvation Army; Toronto; On-site; CAD 73,000; Full time

Job summary

The Salvation Army seeks a Financial Accountant to maintain general ledgers and prepare reconciliations. This role involves generating financial reports, managing accounts, aiding budget preparation, and ensuring compliance with policies. Candidates should possess a finance/accounting background and strong Excel skills.

Qualifications

• Completion of university degree in Finance/Accounting is required.
• Two years of experience in an accounting/finance environment.
• High quality Excel skills for handling large volumes of data.

Responsibilities

• Perform reconciliations on general and sub-ledger accounts.
• Research and generate analytical and financial reports.
• Act as a primary contact for internal units and external clients.

Skills

Attention to detail

Problem solving

Analytical skills

Customer service

Verbal communication

Written communication

Education

University degree in Finance/Accounting

Tools

Excel

Word

Job description

Who We Are

For more than 130 years, The Salvation Army has served people in need in communities across Canada and Bermuda. Building on our roots as a world-wide Christian church, each year we help more than 2 million people, providing necessities such as food, clothing and shelter. In addition, we support people experiencing unemployment, addiction and family challenges. We continually adapt and innovate to meet emerging needs and live out our mission, vision and values of hope, service, dignity and stewardship. As a faith- and values-based organization, we hire and serve people of all backgrounds and walks of life - there is a place for everyone to belong here.

Mission Statement

The Salvation Army exists to share the love of Jesus Christ, meet human needs and be a transforming influence in the communities of our world.

Job Description:

Job Summary

The Financial Accountant is responsible for the maintenance, and validity of The Salvation Army’s general ledgers, and associated sub-ledgers. They will prepare and process complex reconciliations and prepare major journal entries (both one-time and recurring in support of these functions. The Financial Accountant will be the prime person responsible for a designated set of ministry unit and client financial statements and be the prime contact for clients in the understanding and resolution of financial statement issues. Where applicable, identify and recommend process improvement and document processes within their area of responsibility.

Key Accountabilities

• Perform reconciliations on general and sub-ledger accounts, ensuring accuracy and completeness.
• Research and generate analytical and financial reports, including budgetary and cash flow reviews.
• Regularly review financial statements for accuracy, health indicators, and compliance with policy.
• Prepare required accruals and ensure proper classification of invoices as per policy.
• Initiate bank transfers, perform daily reconciliations, and ensure timely and accurate transaction processing.
• Ensure all transactions are supported by appropriate approvals and documentation before processing.
• Act as a primary contact for internal units and external clients, addressing accounting issues and providing solutions.
• Assist with budget preparation and provide detailed budget variance analysis to stakeholders.
• Communicate financial risks or issues of ministry units to the Senior Financial Accountant.
• Ensure tax rebates are claimed correctly and complete required charitable filings, including CRA T3010.

Education and Experience Qualifications

• Completion of university degree in Finance/ Accounting
• Two (2) years of experience in an accounting/finance environment
• Attention to detail, problem solving and analytical skills.
• Strong sense of integrity and confidentiality with professional ethics and a balanced sense of fairness and flexibility.
• High quality Excel spreadsheet skills for handling large volumes of data (function knowledge specific to VLookups and index/match, indirect, trims, left, right, mid, substitute, if statements [with or/and logic])
• Excellent knowledge of Word
• Exceptional written and verbal communication skills.
• Excellent customer service skills are a must.

Compensation:

The target hiring range for this position is $48,428.77 to $60,535.97 with a maximum of $72,643.16.

Placement in the salary range will be based on factors such as market conditions, internal equity, and candidate experience, skills, and qualifications relevant to the role.

The Salvation Army will provide reasonable accommodation upon request. Please email [e-mail] if you have a need for any accommodation and we will be pleased to discuss this with you.