Finance Analyst

3 months ago

North York, Canada Flemingdon Health Centre Full time

**Job Title**:
**Finance Analyst**

**Employment terms**:
Regular full-time, 35 hours/week, evening and weekend hours can be expected

**Salary range**:
$57,538.00 - $67,692.00 per year along with extended health benefits and HOOPP pension plan

**Expected start date**:
ASAP

**Number of positions**:
2

**Reporting to**:
Manager, Finance or Delegate

**Locations**:
Flemingdon Health Centre at 10 Gateway Blvd

**Application deadline**:
August 30, 2024 by 5:00 PM Eastern Time

**Application Process**:
Please include a cover letter and resume in a single file.

**Background**:Flemingdon Health Centre (FHC) is an engaged and involved member of some of Toronto’s most dynamic neighborhoods; Flemingdon Park, Fairview and Thorncliffe Park. FHC is a registered charity and an incorporated not-for-profit Community Health Centre (CHC), with a vision of Strong Healthy Communities. Across our three sites, we provide a range of health-related services based on the social determinants of health with extensive community engagement.

At FHC, we believe that health is much more than just the absence of disease. Our approach to community health encompasses the social determinants of health which includes education, employment, isolation, food security and social supports, and utilizes a community development model to promote health, prevent disease, and strengthen community capacity. We value health equity, inclusion, community engagement, accountability & transparency, excellence and collaboration & partnerships.

**Position Summary**:
If you’re looking for an opportunity to work with a high degree of autonomy and on a team with other individuals that share your passion for improving community health, come grow your career at FHC.

**Responsibilities Include**:

- Analyzing Financial Statements: Examining income statements, balance sheets, and cash flow statements to assess FHC’s financial health.
- Coordinate all aspects of accounts payable and accounts receivable.
- Lead month and quarter end processing ensuring all banks are reconciled, schedules are completed, accruals are all accounted.
- Coordinate the preparation of monthly financial statements to teams and the variance analysis.
- Ensure appropriate policies, procedures, and processes regarding financial transactions (including cheque requisitions and related authorization, budgetary expenditures, pay and benefits) are followed.
- Support FHC’s budget and reforecast by helping set up templates and prepare reference documents for team to use.
- Prepare cost projections, that will help in budgeting and resource allocation.
- Ensure that financial practices and reporting comply with relevant laws, regulations, and standards (e.g., GAAP, IFRS).
- Prepare and file the Semi-Annual GST/HST Rebate.
- Lead asset management and inventory system and monitors inventory levels, forecast supply needs.
- Coordinate FHC’s capital asset accounting treatment and internal controls, including compliance and audit, classification of capital assets.
- Assist in preparing for interim and annual financial audits by gathering necessary documentation, coordinating with auditors, and addressing any audit queries efficiently.
- Establish effective working relationships with team managers, colleagues, and external stakeholders.

**Payroll**
- Prepare, administer and maintain all aspects of the payroll program in an accurate and timely manner, including benefit, pension, verification of biweekly payroll, process all employee changes related to finance.
- Providing consultation and advice to teams regarding payroll transactions, etc.
- Answering employee inquiries and investigating discrepancies.
- Providing information on various payroll deductions; processing complex payroll cases, reclassifications, retro adjustments, pay area changes, etc.
- Reconcile and validate that employees are paid in accordance with employment contracts and are charged to the proper cost centre, GL accounts, site, etc.
- Completes year end process and reconciliations, T4, and Employer Health Tax, WSIB and tax reporting requirements.
- Review/reconcile pension contributions and finalize Member Data Collection (MDC) reporting for terminations and yearend reporting.
- Flexibly adapt to support other financial tasks/duties as directed by the Finance Manager or as finance needs arise.
- Shadow, learn and serve cover-off for other members of the Finance Team.

**Skills and Qualifications**
- Post-secondary education related to finance, accounting and payroll administration, or equivalent experience.
- CPA (Canadian Payroll Association) and CPA (Chartered Professional Accountants) membership and study an asset.
- Solid understanding of accounting and payroll processes and principles.
- Proven ability to calculate, post and manage accounting figures and financial records.
- Knowledge and ability to use Great Plains, Sage and/or similar accounting software.
- Superior or excellent attention to detail and high degree of

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