Senior Financial Analyst

2 weeks ago

Toronto, Ontario, Canada Ombudsman Ontario Full time
Effective April 1, 2024, the salary range for this position is $88,496 to $128,625 per year.

The new rates, effective retroactive to April 1, 2024, were recently confirmed and dates for implementation of the new salary rates are still to be determined.


Are you an accounting professional with extensive financial reporting and analysis experience? Demonstrate your ability to provide accounting and controllership advice in this opportunity with the Consolidations and Fiscal Support team.

Why work for the Ontario Public Service (OPS)?

The OPS is one of the largest employers in the province, employing more than 60,000 people.

We are re-thinking how we deliver services through various initiatives, modernization initiatives and how we access and deliver critical services remotely.

We are striving to enable a future-ready OPS workforce through technology-focused enterprise-wide strategies.

The OPS offers a competitive compensation package.

We support career and leadership development, invest in learning opportunities, and recognize team and individual achievements, and support flexible work arrangements.

OPS Commitment to Diversity, Inclusion, Accessibility, and Anti-Racism:We are committed to build a workforce that reflects the communities we serve and to promote a diverse, anti-racist, inclusive, accessible, merit-based, respectful and equitable workplace.


We invite all interested individuals to apply and encourage applications from people with disabilities, Indigenous, Black, and racialized individuals, as well as people from a diversity of ethnic and cultural origins, sexual orientations, gender identities and expressions.


Visit the OPS Anti-Racism Policy and the OPS Diversity and Inclusion Blueprint pages to learn more about the OPS commitment to advance racial equity, accessibility, diversity, and inclusion in the public service.


We offer employment accommodation across the recruitment process and all aspects of employment consistent with the requirements of Ontario's Human Rights Code.

Refer to the "How to apply" section if you require a disability-related accommodation.

What can I expect to do in this role?You will:

  • provide expert accounting and financial reporting advice to government executives related to the Broader Public Sector (hospitals, school boards and colleges)
  • develop accounting and financial reporting options to support initiatives and decision-making
  • review and analyze Cabinet and Management Board submissions to identify and address accounting implications
  • coordinate research into Public Sector Accounting Board (PSAB) standards and recommendations
  • develop reporting standards for the province and resolve complex financial reporting and consolidation issues
  • coordinate the preparation of the province's annual financial reporting requirements in accordance with PSAB standards, and provide leadership and support during the Office of the Auditor General of Ontario's annual audit of the Public Accounts of Ontario
  • lead various projects and participate on committees
How do I qualify?Mandatory

  • You have obtained a Professional Accounting Designation of Chartered Professional Accountant (CPA), Chartered Accountant (CA), Chartered General Accountant (CGA) or Chartered Management Accountant (CMA)
Financial and Accounting Knowledge

  • You have expert knowledge of generally accepted accounting and audit principles, practices and methodologies.
  • You are familiar with Public Sector Accounting Board (PSAB) standards and accounting, budget and reporting practices.
  • You can interpret and apply legislation such as the Financial Administration Act and the Fiscal Transparency and Accountability Act.
  • You have experience in a financial reporting function preparing financial statements.
Consolidation and Financial Reporting Experience and Knowledge:

  • You have demonstrated experience in preparing and analyzing consolidated financial statements.
  • You have knowledge of and ability to provide expert advice on complex consolidation and accrual accounting issues and practices.
  • You have demonstrated experience with internal and external monthly/quarterly reporting.
  • You can provide analysis and advice to senior management on the accounting and fiscal implications of complex consolidation issues.
Research and Analytical Skills

  • You have the ability to research, analyze and develop recommendations and accounting policies.
  • You have demonstrated ability to manage complex projects.
  • You are able to analyze reports, benchmark data, and interpret accounting standards and policies.
  • You are able to independently resolve difficult issues and recommend viable solutions.
  • You have experience in integrating accounting and financial reporting processes and systems.
  • You can provide leadership and manage the implementation of revised PSAB standards to consolidate financial information.
Communication Skills

  • You are a strong communicator who can build relationships with colleagues and staff.
  • You have experience in developing and delivering presentation material to senior management on financial and accounting matters.
  • You can prepare clear and concise reports, briefing materials, policies, instructions and procedures.
  • You have the ability to deal with professionals at all levels including senior management, external consultants, accountants and auditors.
Computer Skills

  • You are proficient with MS office applications, with demonstrated expertise in Excel.
  • You can use large scale accounting systems and key accounting and reporting databases, programs and modules.

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