Financial Analyst

The Salvation Army; Toronto; On-site; CAD 84,000; Full time

Job summary

A faith-based charitable organization in Toronto seeks a Financial Analyst to oversee financial reporting and advisory services. You will ensure compliance with internal policies, manage financial close processes, and provide analytic support. The ideal candidate has a Bachelor's in Finance, Excel expertise, and 3-5 years of relevant experience. A competitive salary range is provided, along with accommodations for applicants as needed.

Qualifications

• 3-5 years of relevant experience in AP/AR/GL.
• Strong ethical standards and confidentiality.
• Ability to assist individuals with limited financial knowledge.

Responsibilities

• Manage monthly financial close and ensure accuracy of financial statements.
• Prepare and approve journal entries and perform account reconciliations.
• Oversee charity returns and government filings.

Skills

Attention to detail

Problem solving

Analytical skills

Excel spreadsheet skills

Communication skills

Customer service

Education

Bachelor Degree in Finance/Accounting

Enrolled in CPA program PEP

Tools

Microsoft Excel

Microsoft 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 Analyst (“FA”) reports to the Associate Director of Finance and serves as key support in the delivery of financial accounting and advisory services. Utilizing hands-on accounting experience and an in-depth understanding of accounting principles and organizational practices, the FA will perform complex accounting activities and process development. Responsibilities include, but are not limited to, accountability for account reconciliation, financial reporting, budget preparation, and provision of financial management advice to various stakeholders.

Key Accountabilities

• Manages monthly financial close, ensuring the accuracy of financial statements, journal entries, and adherence to Salvation Army policies.
• Ensures compliance with internal policies and laws; develops and implements efficient processes and internal controls.
• Regularly reviews financial statements for accuracy, cash flow, fund balances, and budget performance.
• Prepares and approves journal entries, performs account reconciliations, and resolves discrepancies.
• Prepares audit schedules and financial statements, ensuring compliance with funding agreement requirements.
• Oversees charity returns and government filings, ensuring accuracy and adherence to guidelines.
• Participates in budget preparation, reviews variance reports, and prepares multi-year financial forecasts.
• Prepares analytical reports and responds to recurring and ad hoc requests from various stakeholders.
• Serves as a key contact for ministry units and external clients, resolving financial issues and maintaining ongoing communication.
• Provides guidance to finance staff and partners on accounting standards, policies, and tax regulations.

Education and Experience Qualifications

• Bachelor Degree in Finance/ Accounting stream.

• The FA must be enrolled in CPA program PEP.
• Three years but less than five years of relevant experience (AP/AR/GL).
• Respect and understanding of The Salvation Army – its mission, culture, and values
• 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.
• Able to assist and train individuals with limited financial background with a full understanding of reporting requirements
• Commitment to quality customer service
• Able to proactively recognize potential risks and issues, respond with solutions and engage others in implementing change
• Effective organizational and time management skills – self-motivated and disciplined self-starter

Compensation:

The target hiring range for this position is $55,693.49 to $69,616.86 with a maximum of $83,540.23.

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.