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Financial Systems Analyst

5 months ago


Toronto, Canada City of Toronto Full time

**Job ID**: 44696

**Job Category**:Finance, Accounting & Purchasing

**Division & Section**:Housing Secretariat, Finance & Business Services

**Work Location**:Metro Hall, 55 John Street

**Job Type & Duration**:Full-time, Temporary (12 months) vacancy

**Salary**:$78,234 - $98,571 annually

**Shift Information**: Monday - Friday, 35 hours per week

**Affiliation**: Non-Union

**Number of Positions Open**: 1

**Posting Period**: 9-Feb-2024 to 26-Feb-2024

The Financial Systems Analyst will have an understanding of financial analysis and reporting to review and process various financial documents submitted by non-profit housing providers in accordance with pre-established standards and routines.

Your primary responsibilities as a Financial Systems Analyst will be varied. Working as part of a team reporting to a Senior Financial Analyst, you will:

- Performs research and prepares community housing operating budget and variance report
- Conduct financial analysis and provide recommendations on financial matters to Housing Stability Services Unit staff and management
- Review financial documents submitted by non-profit housing providers for completeness and accuracy
- Process and review subsidy requests submitted by non-profit housing providers with reference to established guidelines and review procedures
- Process and review payments to ensure alignment with service agreements and approved Council reports
- Reviews payments request from agencies to determine accuracy, availability of funds and compliance with funding agreement and City’s policy and procedures
- Maintains and update life-to-date files for grants to report on availability of funds
- Participate in reviews of housing provider operations including on-site reviews Draft communications to non-profit housing providers regarding financial and program compliance matters
- Assist with the review of housing provider operations and compliance with the Housing Services Act (HSA), Rent Geared-to-Income (RGI) Service Agreement, City Guidelines and other contractual obligations with the City
- Assist with the review of development and maintenance requests that propose changes to the information technology systems used to manage the business relationship with
- service providers
- Assist with the development of reports and analytical tools to monitor service
- provider compliance with legislated and contractual obligations
- Liaises with the Unit, external contacts and board of directors and auditors.
- Reviews audited financial statements together with auditors' reports/related financial reporting documents for completeness, compliance and accuracy of accounting information
- Attends meetings to provide and clarify financial information and resolve issues

**Key Qualifications**:

- A degree in accounting, financial management or business administration or equivalent. Possession of a Chartered Professional Accountant (CPA) designation is preferred.
- Considerable experience in the preparation of budgets, forecast, complex financial statements and analysis.
- Considerable experience in accounting and computer-based accounting systems.
- Experience conducting financial and/or program compliance audits independently.
- Ability to work independently in a demanding, fast paced, constantly changing environment.
- Ability to communicate effectively, both orally and in writing.
- General understanding of the principles and practices employed in the effective financial analysis of business and government operations.
- General understanding of financial reporting and financial statements including non
- profit reporting requirements.
- Ability to effectively manage multiple tasks and deadlines.

**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.

**Accommodation