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FINANCIAL SYSTEMS ANALYST

City of Torontoabout 23 hours ago
Toronto, ON
CA$79,409 - CA$106,101/year
Mid Level
temporary

About the role

Job ID: 58991

Job Category: Finance, Accounting & Purchasing

Division & Section: Housing Secretariat, Finance & Business Services

Work Location: Metro Hall, 55 John St, Toronto

Job Type & Duration: Temporary, Full-time, 12 month vacancy

Salary: $79,409.00 - $106,101.00

Shift Information: Monday to Friday, 35 hours per week

Affiliation: Non Union

Number of Positions Open: 1

Posting Period: 18-August-2025 to 02-September-2025

The Financial Systems Analyst will understand financial analysis and reporting to provide an overall financial/accounting service to the division through research, financial analysis, variance analysis, revenue and cash management and assist with budget preparation. The Financial Systems Analyst will be responsible for reviewing divisional processes and procedures, risk assessments and assisting with enhancing and developing financial and internal controls for the Housing Secretariat Division.

Major Responsibilities

Working as part of a team reporting to a Manager/Senior Financial Analyst, the Financial Systems Analyst:

  • Implements detailed plans and recommends policies/procedures regarding program specific requirements.

  • Conducts research into assigned area ensuring that such research takes into account developments within the field, corporate policies and practices, funding agreements, program guidelines, legislation and initiatives by other levels of government.

  • Provides input into and administers assigned budget, ensuring that expenditures are controlled and maintained within approved budget limitations.

  • Assists with the preparation of the capital budget for the assigned portfolio. Coordinates, guides, and supports program staff to complete budget as per the budget guidelines.

  • Ensures financial and operating obligations are being met including budget adjustments/corrections and reconciliation, reporting information and transfer payments, as applicable.

  • Track all Council approved commitments for capital projects, reserve draws, grants, and loans.

  • Ensure that appropriate analyses and reconciliations are prepared on a timely basis for submissions to other levels of government and funding partners.

  • Conducts detailed variance analysis, and contract analysis and appropriate follow up of financial accounting and purchasing issues and recommends needed corrective action in regards to revenue allocation for the Division.

  • Reviews, reconciles, updates capital budget in CAPTOR and recommends corrective action if any.

  • Coordinates with team members/ divisional staff and inter-divisional staff to prepare and consolidate analysis/information on media queries, Financial Planning Division's queries, corporate reports, budget notes, budget presentations, etc.

  • Performs detailed analysis of the general ledger and may prepare adjusting journal entries

  • Review audited financial statements together with auditors' reports/related financial reporting documents for completeness, compliance and accuracy of accounting information

  • Attend meetings to provide and clarify financial information and resolve issues

  • Perform ad hoc analysis, special projects and initiatives as needed.

Key Qualifications:

  • Post secondary education in accounting, financial management, business administration or the equivalent combination of education and experience. Working toward or the possession of a Chartered Professional Accountant (CPA) designation is considered an asset.

  • Considerable experience in the preparation of financial reports, variance analysis, and accounts reconciliation, as well as writing briefing notes explaining and supporting analysis and recommendations.

  • Experience in budgeting and forecasting, including budget template development, budget analysis and reporting.

  • Considerable experience using Microsoft Office applications, Excel, Word and PowerPoint and financial and/or an accounting system such as SAP for financial reporting or accounting purposes.

  • 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

The City of Toronto is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs. Disability-related accommodation during theapplication process is available upon request. Learn more about the City’s Hiring Policies and Accommodation Process.

About City of Toronto

Government Administration
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The City of Toronto is committed to fostering a positive and progressive workplace culture, and strives to build a workforce that reflects the citizens it serves. We are committed to building a high performing public service, with strong and effective leaders to enable service excellence, through high engagement and healthy and safe workplaces.

Toronto is home to more than 2.9 million people whose diversity and experiences make this great city Canada’s leading economic engine and one of the world’s most diverse and livable cities. As the fourth largest city in North America, Toronto is a global leader in technology, finance, film, music, culture, and innovation, and consistently places at the top of international rankings due to investments championed by its government, residents and businesses.

Toronto Public Service consists of approximately 35,771 employees, providing programs and services to Toronto residents, businesses and visitors. Additionally, the City of Toronto has a number of agencies and corporations including the Toronto Police Service, Toronto Public Library and the Toronto Transit Commission, which make up the broader municipal organization.

There are 44 operating divisions and offices providing an extensive level of programs and services. We offer diverse career opportunities across a wide variety of professional, trade, administrative, managerial and other employment roles. The Toronto Public Service has won numerous awards for quality, innovation and efficiency in delivering citizen-focused services. We are proud to have been named one of Canada's Top 100 Employers, Canada's Best Diversity Employers, Top Family Friendly Employers and Greater Toronto's Top Employers.

Consider joining the award-winning Toronto Public Service and help us make a difference in a great City!