Student - Business and Finance Assistant

6 months ago

North York, Canada Various Ministries Full time

Are you a student or recent graduate looking for an opportunity to build your career over the summer? Are you passionate about making a difference? The Summer Employment Opportunities program provides opportunities to obtain valuable work experience, gain transferable skills, and build professional networks.
- Business and Finance Assistant
- Finance/Risk Assistant

This job posting represents multiple positions within different ministries and at various locations across Ontario. Certain cities may be located in distant or remote areas in Ontario and may not be accessible by public transit. Carefully review locations through **Google Maps** and select ONLY those locations that you are able to travel to and work in. You can select up to 10 locations.

Notes:

- Relocation expenses and/or accommodations are not covered by ministries.

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?**:** Business and Finance Assistant Work Description**:
Support a team on a range of financial and business projects and initiatives. You may be required to work on some or all of the following tasks:

- Prepare, verify, process and reconcile financial data.
- Support staff in developing business proposals, reports, spreadsheets, and other business/financial documents.
- Conduct research and perform analysis. (i.e. quantitative, qualitative, statistical)
- Prepare and organize correspondence, perform data entry and word processing functions, and create various documents.
- Plan, organize, coordinate and manage daily assigned work.

**Finance/Risk Assistant Work Description**:
Are you a highly motivated, analytical person focusing on Capital Markets and interested in accounting, settlements or risk management? If yes, please consider the Ontario Financing Authority (OFA), the Province's treasury and debt management agency, for your next summer job. The OFA, on behalf of the Province of Ontario, uses sophisticated financial instruments to manage the cost and risks arising from debt issuance and management in domestic and foreign capital markets. Visit the** Ontario Financing Authority (OFA) website** for more information.

Summer positions are available in the areas of Accounting, Risk Control and Settlements. These positions will provide students with opportunities to familiarize themselves with debt and related hedging instruments, such as bonds, swaps, futures, and options used by financial institutions and institutional investors, their accounting and settlement, risk monitoring and reporting. These positions will support different teams on a range of financial initiatives and business activities, including:
Accounting
- Assist in the financial reporting process of the Public Accounts and year-end audit.
- Assist in the routine tasks of accounting and processing (e.g. reconciliation and other reporting functions).
- Assist in conducting research on industry best practices pertaining to financial reporting and financial instruments.

Risk Control
- Follow established procedures to support the timely generation and analysis of market and credit risk, as well as public debt interest reports.
- Provide statistical and other analytical support.

Settlements
- Assist in confirming and settling capital markets transactions, preparing wire payments for interest on debt swap, foreign exchange, money market, and bond transactions, as well as loan payments.
- Assist in maintaining financial transactions in the Ontario Financing Authority's treasury and preparing accounting entries in OFA's systems.
- Assist in monitoring each financial transaction throughout the settlement process by ensuring completion, receipt, and payment in order to avoid interest charges, penalties, and/or harm to the Province's reputation.

**How do I qualify?**:
**Mandatory**:
You must meet **all** eligibility criteria by the first day of employment (contracts begin between May and July):

- **Age**: You must be a minimum of 15 years of age. There is no maximum age limit.
- ** Residency**: You must be a resident of Ontario during the term of employment.
- ** Work Status**: You must be legally entitled to work in Canada. You are also required to have a valid Social Insurance Number (SIN) upon being hired.

**Job Requirements for Business and Finance Assistant**:** Communication and Interpersonal Skills**

**Technical Skills and Knowledge**

**Analytical and Organizational Skills**
- You input data accurately and generate reports paying close attention to detail
- You work independently or as part of a team; you plan, organize and prioritize your time to meet competing deadlines

**Job Requirements for Finance/Risk Assistant**:** Communication and Interpersonal Skills**

**Technical Skills and Knowledge**

**Analytical and Organi

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