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Financial Accountant

Toronto, ON
CA$48,429 - CA$72,643/annual
Mid Level
full_time

About the role

Who We Are

For more than 130 years, The Salvation Army has served people in need in communities across Canada and Bermuda. Building on our roots as a world-wide Christian church, each year we help more than 2 million people, providing necessities such as food, clothing and shelter. In addition, we support people experiencing unemployment, addiction and family challenges. We continually adapt and innovate to meet emerging needs and live out our mission, vision and values of hope, service, dignity and stewardship. As a faith- and values-based organization, we hire and serve people of all backgrounds and walks of life - there is a place for everyone to belong here.

Mission Statement

The Salvation Army exists to share the love of Jesus Christ, meet human needs and be a transforming influence in the communities of our world.

Job Description:

Job Summary

The Financial Accountant is responsible for the maintenance, and validity of The Salvation Army’s general ledgers, and associated sub-ledgers. They will prepare and process complex reconciliations and prepare major journal entries (both one-time and recurring in support of these functions. The Financial Accountant will be the prime person responsible for a designated set of ministry unit and client financial statements and be the prime contact for clients in the understanding and resolution of financial statement issues. Where applicable, identify and recommend process improvement and document processes within their area of responsibility.

Key Accountabilities

  • Perform reconciliations on general and sub-ledger accounts, ensuring accuracy and completeness.
  • Research and generate analytical and financial reports, including budgetary and cash flow reviews.
  • Regularly review financial statements for accuracy, health indicators, and compliance with policy.
  • Prepare required accruals and ensure proper classification of invoices as per policy.
  • Initiate bank transfers, perform daily reconciliations, and ensure timely and accurate transaction processing.
  • Ensure all transactions are supported by appropriate approvals and documentation before processing.
  • Act as a primary contact for internal units and external clients, addressing accounting issues and providing solutions.
  • Assist with budget preparation and provide detailed budget variance analysis to stakeholders.
  • Communicate financial risks or issues of ministry units to the Senior Financial Accountant.
  • Ensure tax rebates are claimed correctly and complete required charitable filings, including CRA T3010.

Education and Experience Qualifications

  • Completion of university degree in Finance/ Accounting
  • Two (2) years of experience in an accounting/finance environment
  • Attention to detail, problem solving and analytical skills.
  • Strong sense of integrity and confidentiality with professional ethics and a balanced sense of fairness and flexibility.
  • High quality Excel spreadsheet skills for handling large volumes of data (function knowledge specific to VLookups and index/match, indirect, trims, left, right, mid, substitute, if statements [with or/and logic])
  • Excellent knowledge of Word
  • Exceptional written and verbal communication skills.
  • Excellent customer service skills are a must.

Compensation:

The target hiring range for this position is $48,428.77 to $60,535.97 with a maximum of $72,643.16.

Placement in the salary range will be based on factors such as market conditions, internal equity, and candidate experience, skills, and qualifications relevant to the role.

The Salvation Army will provide reasonable accommodation upon request. Please email

Recruitment.Accommodations@salvationarmy.ca

if you have a need for any accommodation and we will be pleased to discuss this with you.

About The Salvation Army

Non-profit Organizations
10,000+

The Salvation Army is the nation's largest direct provider of social services.

Annually, we help millions overcome poverty, addiction, and spiritual and economic hardships by preaching the gospel of Jesus Christ and meeting human needs in His name without discrimination in nearly every zip code.

By providing food, shelter, eviction prevention assistance, emergency disaster relief, rehabilitation, after-school and summer youth programs, spiritual enrichment, and more, The Salvation Army is doing the most good at nearly 7,000 centers of operation around the country.

The Salvation Army, an international movement, is an evangelical part of the universal Christian church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination.