City of Toronto

Senior Accountant

City of Toronto$75K — $88K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Post-secondary education in Business Administration, Accounting or equivalent experience.
  • CPA or CPA in-progress preferred.
  • 3+ years of accounting and audit experience.
  • Advanced MS Office skills, especially in Excel.
  • Experience with SAP S/4HANA preferred.
  • Strong critical thinking and analytical skills.
  • Excellent attention to detail and organizational abilities.

Responsibilities

  • Audit daily revenue integrations and investigate variances.
  • Test accuracy of general ledger accounts using three-way matching.
  • Investigate technical issues related to ERP systems with various stakeholders.
  • Prepare monthly financial statements and perform reconciliations.
  • Lead external and internal audit projects.
  • Prepare variance analysis and transaction volume reporting.
  • Support system updates and backup for administrative tasks.

Benefits

  • Collaborative work environment with cross-functional teams.
  • Opportunities for professional development and continuous learning.
  • Engagement with advanced accounting software and technologies.
Full Job Description
ABOUT THE ROLE
Reporting to the Manager, Revenue Accounting, and working closely with the Revenue and Accounting Teams, the Senior Accountant is reponsible for the validation of revenue, revenue control testing and investigation of variances, general ledger analysis and financial statements preparation. This role provides insight through data, drives results and influences change across the organization.

RESPONSIBILITIES

AUDITING & ACCOUNTING DUTIES
  1. Audit daily revenue integrations, assessing reasonability of interface control account balances and investigate variance including:
  • Test accuracy and completeness of general ledger interface accounts, including use of three-way matching and other application controls for high volume transaction data.
  • Investigate any variances to establish root cause to prevent further errors.
  • Investigate technical issues relating to ERP Revenue and Payment Interfaces with IT, SAP external consultants and internal TPA stakeholders.
  • Maintain documentation to support audit work plan
  • Identify and resolve issues on revenue interface, including working with various internal and external stakeholders to ensure issues are escalated and resolved in a timely manner
  • Ensure revenue reporting procedures and processes are maintained in compliance with internal control requirements to manage risk.
  1. Prepare accurate and timely monthly financial statements, with responsibilities including:
  • Perform revenue and payment reconciliations with high transaction volume.
  • Prepare journal entries and balance sheet reconciliations
  • Review and analysis of GL accounts for completeness and accuracy
  • Complete month-end/year-end closing procedures

REPORTING AND SYSTEM INTERGRATION
  • Prepare monthly revenue and transaction volume reporting, and variance analysis reporting for Manager
  • Lead specific sections of annual external audit and internal audit projects
  • Support system updates, new interfaces, new parking equipment and change management testing as required
  • Provide back-up for administrative tasks for other finance positions when require
  • Complete other duties as assigned.

QUALIFICATIONS
  • Post-secondary education in Business Administration, Accounting or related field or the approved equivalent combination of education and extensive experience related to accounting and audit.
  • CPA or CPA in-progress preferred.
  • 3+ years of accounting and audit experience.
  • Advanced MS Office user, with a particular emphasis on advanced Excel skills (look-up functions, complex logical statements, charts, pivot tables, etc.).
  • Experience working with SAP S/4HANA preferred.
  • Strong critical thinking skills
  • Excellent analytical, investigative, and problem-solving skills, with good understanding of accounting principles and practices
  • High level of curiosity and investigative mind-set with an attention to detail and accuracy.
  • Team player with excellent organizational, evaluation and interpersonal skills.
  • Communicate effectively, presenting information and ideas in a clear, convincing, and organized manner.
  • Ability to work independently and able to set priorities, plan and execute tasks
  • Committed to professional development and continuous learning


JOB INFOMATION
Vacancies: 1 Position
Salary Range: $75,593 - $88,933

AI may be used as a support tool in our hiring process. All final decisions are made by trained staff.

About City of Toronto

City of Toronto provides its users with information on the lifestyles, business, and locations of Toronto. Lifestyle information consists of health, energy, services, children’s services, arts, culture, festivals, events, housing, and transportation. Business-related information consists of investments, startups, reports, event planning, and city-based partnerships. Furthermore, it provides its users with history, facts, images, events, and attractions of Toronto. City of Toronto is based in Ontario.

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Join the City of Toronto’s dynamic team to assist in transforming the city through public service and innovative leadership. The City of Toronto offers a unique position in the marketplace, combining public administration with cutting-edge initiatives that enhance the lives of its residents. Engage with a team of skilled professionals dedicated to fostering a culture of diversity, equity, and inclusion. The City of Toronto is not just a place of employment; it is a place where careers flourish and where the professional environment encourages continuous personal and professional development.

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The City of Toronto is committed to nurturing the careers of its employees with unmatched training, development programs, and leadership opportunities. Whether through professional development workshops, leadership training, or diversity training, the City ensures that every team member has the tools to succeed.

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From internships to full-time positions, the City of Toronto offers a range of job opportunities that cater to various skills and career aspirations. Positions in healthcare, engineering, finance, urban planning, and more are available, providing a broad spectrum of career paths for job seekers.

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