Accounting Supervisor
1 day ago
Reporting to the Associate Director, Financial Management Services (FMS), the Accounting Supervisor is responsible for the day-to-day operation and supervision of the City's Accounting Services division. This position liaises with all departments across the corporation to ensure timely and accurate payment to vendors, manage and reconcile bank transactions and accounts, and ensure adherence to policies and procedures.
Key Responsibilities:- Supervise, plan, and coordinate the activities of the accounting team, including operational work assignments, approval of journals, and performance evaluations of staff.
- Prepare monthly financial reports through the creation and approval of journal entries and reconciliations, and the production of internal financial reports.
- Responsible for a variety of accounting functions, including reviewing, approving, or preparing journal vouchers, credit card purchases, and general ledger reconciliations.
- Research and develop financial policies, procedures, and internal controls based on best practices.
- Perform ongoing reviews of internal financial controls, procedures, policies, and adherence to Generally Accepted Accounting Practices (GAAP), Public Sector Accounting Board (PSAB), and Municipal Act Requirements.
- Provide advice and guidance to all City Divisions, the Associate Director, and Chief Financial Officer/City Treasurer on PSAB accounting, financial reporting requirements, controls, legislation, regulations, and programs.
- Operational Lead in preparing consolidated financial statements, including year-end working papers and Financial Information Return, with support from the Associate Director, FMS.
- Review Financial Information Return Schedules (Provincial Reporting) and working papers completed by staff, and prepare more complex schedules and working papers.
- Prepare reports for Council approval of financial statements.
- Responsible for monitoring and maintaining banking agreements.
- Review all account summaries and reconciliations for accuracy and completeness.
- Coordinate and support merchant banking agreements and operations.
- Provide assistance and support to the Associate Director, FMS, in the preparation of reports and quarterly and year-end variance analysis for various Council, Committee, and Board Meetings.
- University Degree in Business Administration, Accounting, Finance, or related discipline.
- Must possess a recognized Chartered Professional Accounting (CPA) (CA; CMA; CGA) Designation in good standing.
- Five (5) years' experience in municipal finance, public sector financial reporting, accounting/analytical, and/or audit experience, including supervising staff, union, and/or non-union members.
- Completion of the AMCTO, Municipal Accounting and Finance Certificate, and MFOA's Municipal Finance 101, are considered assets.
- Excellent knowledge of Public Sector Accounting Standards (PSAB) and HST legislation as it applies to municipal and public sectors.
- Excellent knowledge of municipal accounting practices and procedures.
- Demonstrated knowledge and use of Excel, including pivot tables and 'if' statements.
- Strong knowledge of legislation at municipal, provincial, and federal levels, in particular the Municipal Act 2001 related to property taxation, water utility billing, and user fees.
- Proven ability to organize, lead, and mentor staff.
- Ability to set priorities, meet deadlines, and manage work demands individually and for the team.
- Strong and effective research, analysis, problem-solving, and conflict resolution skills.
- Well-developed interpersonal, communication, negotiation, and conflict resolution skills.
- Ability to work in a team environment, liaise with key internal and external stakeholders, and function effectively with minimal supervision.
- Strong computer skills, including prior use of MS Team, Word, Excel, PowerPoint, and SharePoint.
- Demonstrated commitment to enhancing a safety culture.
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