SENIOR FINANCIAL ANALYST ACCOUNTING SERVICES (TANGIBLE CAPITAL ASSETS)

City of Toronto; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

The City of Toronto is seeking a Senior Financial Analyst to lead the tangible capital asset reporting process. This role involves close interaction with city stakeholders, ensuring compliance with Public Sector Accounting Standards, and excellent communication skills to relay complex financial concepts effectively.

Qualifications

• Minimum 5 years of professional experience in accounting.
• Experience in public or private sector accounting environment.
• Strong judgment in confidential matters.

Responsibilities

• Lead the City’s TCA reporting process.
• Prepare and monitor work plans with stakeholders.
• Ensure compliance with PSAS and GAAP.

Skills

Analytical skills

Problem-solving

Interpersonal skills

Leadership

Communication

Education

Canadian Chartered Professional Accountants designation

Tools

Microsoft Office Suite

SAP

Oracle

Job description

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• Job ID: 53976
• Job Category: Finance, Accounting & Purchasing
• Division & Section: Accounting Services, Analysis and Financial Reporting
• Job Type & Duration: Full-time, Permanent Vacancy
• Shift Information: Monday to Friday, 35 hours per week per week
• Affiliation: Non-Union
• Number of Positions Open: 1
• Posting Period: 26-Jun-2025 to 11-Jul-2025

The Accounting Services Division within the City of Toronto (the City) is responsible for delivering on the City's financial reporting obligations and ensuring that the City's financial transactions are accounted for in accordance with the Public Sector Accounting Standards (PSAS).

The Division's Corporate Financial Reporting section is seeking a Senior Financial Analyst:

Reporting to the Manager, Tangible Capital Assets, the Senior Financial Analyst (SFA) will be responsible for leading the City's tangible capital asset (TCA) reporting process. This includes preparing and monitoring the annual and ongoing work plan, serving as primary financial advisor and leader to an assigned portfolio of City divisions and the City's consolidated entities, and providing interpretations of complex capital projects and Generally Accepted Accounting Principles (GAAP), including Public Sector Accounting Standards (PSAS).

This role requires significant interaction with the City's key stakeholders and in particular, you will liaise with representatives from City divisions and the City's consolidated entities to ensure proper interpretation and application of PSAS requirements and corporate accounting policies, deliver related training, and prepare accounting position papers on the City's complex accounting transactions. In addition to this, you will bring extensive experience completing analysis for tangible capital assets and performing related activities (i.e., developing TCA policy, interpreting PS 3150, and providing TCA advice to stakeholders and consolidated entities).

Your experience leading, motivating, and training staff that will have equipped you to handle leadership duties such as, supervising the day-to-day operation of all assigned staff, with a focus on ensuring effective teamwork, high standards of work quality and organizational performance, and promoting continuous learning and development as well as nurturing creative and innovative ideas to improve processes and service delivery.

As a successful candidate, you are an excellent communicator who is capable of translating accounting guidance for non-finance professionals, as well as enjoys collaborating and/or interacting with a diverse mix of stakeholders, including but not limited to other divisional staff, external auditors, City Council or its sub-committees, and senior levels of government.

You enjoy learning and challenging the status quo to explore and implement improvements to the City's TCA reporting process and financial system, upholding the highest standards of ethics and integrity to achieve excellence in accounting practices and reporting, and exercising independent judgement and discretion when dealing with confidential matters.

Equally important, you are committed to the highest standards of ethics and integrity, and can lead cross-divisional teams, facilitate decision-making and achieve excellence in accounting practices and reporting, as well as exercise independent judgement and discretion when dealing with confidential matters.

Among the many strengths you bring to the role of Senior Financial Analyst, Accounting Services, the following are the key qualifications of the position:

• Canadian Chartered Professional Accountants designation with CPA Ontario or another CPA provincial body (e.g., CPA, CA, CMA, or CGA), accompanied with minimum 5 years of professional experience in a public or private sector accounting environment.
• Considerable accounting, financial reporting, TCA reporting, and/or auditing experience in a public or private sector entity.
• Considerable experience with municipal accounting and/or Generally Accepted Accounting Principles, including Public Sector Accounting Standards (PSAS), Canadian Auditing Standards, Provincial statutes and regulations, City by-laws, and Council directions.
• Considerable experience performing financial and accounting analysis to support decision-making processes, as well as identifying and investigating unusual financial trends and transactions to evaluate the accuracy of accounting treatment decisions.
• Considerable experience performing research, including report writing, data collection, and critical analysis of information from various sources.
• Excellent customer service and interpersonal skills, including the ability to communicate effectively to all organizational levels.
• Knowledge of financial and internal controls.
• Excellent organizational and multi-tasking skills with the ability to juggle multiple priorities with competing timelines.
• Proficient in Microsoft Office Suite (e.g., Word, PowerPoint, and Excel) and computer-based accounting systems (e.g., SAP and Oracle).
• Demonstrates strong analytical, conflict resolution, and problem-solving skills to develop, recommend, and implement effective solutions.
• Has sound judgment and the ability to address confidential, sensitive matters.
• Ability to take initiative and work independently with minimum supervision and to plan, prioritize, and execute tasks.
• Ability to work overtime when required.
• Familiarity with Ontario Statutes, including the Occupational Health and Safety Act, employment standards, labour and human rights, and other applicable government legislation.

Note To Current City of Toronto Employees

City of Toronto employees are eligible to apply for the posted job opportunity, but cannot hold two different jobs. To be considered for this job posting, you must indicate that you are a "Current City of Toronto employee" on the on-line application form, and provide your "Employee Number".

Equity, Diversity and Inclusion

The City is an equal opportunity employer, dedicated to creating a workplace culture of inclusiveness that reflects the diverse residents that we serve. Learn more about the City’s commitment to employment equity .