Financial Accountant

The Salvation Army; Toronto; On-site; CAD 51,000 - 64,000; Full time

Job summary

The Salvation Army in Toronto is seeking a Financial Accountant to maintain the general ledger, perform reconciliations, and prepare major journal entries for ministry units. You will serve as the primary financial contact for internal stakeholders, supporting budgeting, variance analysis, and regulatory reporting.

You will help ensure accuracy and integrity of financial data, participate in month-end and year-end close activities, and contribute to process improvements while adhering to

Qualifications

• Completion of a university degree in Finance, Accounting, or related field.
• CPA designation or progress toward completion is considered an asset.
• Minimum two (2) years of experience in an accounting/finance environment.
• Advanced Excel skills (VLOOKUP, INDEX/MATCH, INDIRECT, TRIM, LEFT, RIGHT, MID, SUBSTITUTE, IF formulas).
• Strong communication and analytical abilities in a professional setting.

Responsibilities

• Maintain the integrity and accuracy of the general ledger and sub-ledgers through reconciliations and controls.
• Prepare analyses, reconciliations, accruals, prepaids, and other entries for accurate reporting.
• Monitor ministry unit financial health via statements, cash flow, and budgets; escalate risks.
• Manage banking activities, including reconciliations and fund transfers.
• Support month-end and year-end processes and provide guidance to stakeholders.

Skills

Analytical thinking

Problem solving

Attention to detail

Communication skills

Excel advanced formulas

Education

University degree in Finance/Accounting

CPA designation (asset) or progress toward completion

Tools

Microsoft Excel

Microsoft Word

Job description

Who We AreFor 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 StatementThe 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:Position PurposeThe 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 AccountabilitiesMaintain the integrity and accuracy of the general ledger and sub-ledger accounts through reconciliations, transaction reviews, and adherence to accounting policies and controls.Prepare financial analyses, account reconciliations, accruals, prepaids, and other accounting entries to support accurate financial reporting and decision-making.Monitor the financial performance and health of ministry units by reviewing financial statements, cash flow, fund balances, and budgetary results, escalating risks and concerns as appropriate.Manage banking activities, including daily bank reconciliations and the timely processing of incoming and outgoing fund transfers.Ensure all financial transactions are properly authorized, supported by adequate documentation, accurately recorded, and reflected in the correct accounting period.Coordinate the timely initiation and completion of accounting transactions while supporting month-end and year-end financial processes.Serve as the primary financial contact for ministry units and external stakeholders, providing expert guidance, resolving issues, and responding to accounting and financial inquiries.Build strong client partnerships by delivering proactive communication, interpreting financial information, and ensuring compliance with organizational policies and procedures.Support budgeting and forecasting activities by assisting with budget preparation and conducting variance analysis to identify trends, risks, and opportunities.Administer regulatory reporting requirements, including tax rebate claims and charitable filings, ensuring compliance with government and legislative requirements.Education and Experience Qualifications:Completion of a university degree in Finance, Accounting, or a related field.Professional accounting designation (CPA) or progress toward completion is considered an asset.Minimum two (2) years of experience in an accounting and/or finance environment.Demonstrated experience performing financial analysis, reconciliations, reporting, and general accounting functions.Apply strong analytical, problem-solving, and attention-to-detail skills to ensure accuracy and integrity in financial data and reporting.Utilize advanced Microsoft Excel skills, including functions such as VLOOKUP, INDEX/MATCH, INDIRECT, TRIM, LEFT, RIGHT, MID, SUBSTITUTE, and complex IF formulas.Leverage strong proficiency in Microsoft Word and other business applications to support financial reporting and documentation.Communicate effectively with internal and external stakeholders through exceptional written, verbal, and interpersonal skills.Deliver exceptional customer service while building collaborative relationships and responding to inquiries in a professional and timely manner.Maintain the highest standards of integrity, confidentiality, professional ethics, fairness, and sound judgment in handling sensitive financial information.Compensation:The target hiring range for this position is $50,897.60 to $63,627.20 with a maximum of $76,356.80.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.