Senior Accounting Analyst
Top Benefits
About the role
JOB INFORMATION
Requisition ID: 11522
Number of Vacancies: 1
Department: Accounting Services (20001217) - Financial Statements (30000071)
Salary Information: $87,596.60 - $109,509.40
Pay Scale Group: 08SA (CAN/S/J/08SA)
Employment Type: Temporary-Until December 2027 - Hybrid
Weekly Hours: 35, Off Days: Saturday & Sunday Shift: Day
Posted On: July 2, 2025
Last Day to Apply: July 15, 2025
Reports to: Assistant Manager - Financial Statements
The Toronto Transit Commission (TTC), North America's third largest transit system and recognized as one of the top places to work in the GTA has introduced its new 2024-2028 TTC Corporate Plan - Moving Toronto, Connecting Communities which continues the TTC’s legacy of delivering service to hundreds of millions of customers a year. The TTC’s new vision and mission statements also help promote the many environmental, social equity and economic benefits that the TTC provides:
Vision: Moving Toronto towards a more equitable, sustainable, and prosperous future.
Mission: To serve the needs of transit riders by providing a safe, reliable, efficient, and accessible mass public transit service through a seamless integrated network to create access to opportunity for everyone.
The full Plan can be viewed on ttc.ca.
Career Opportunity
Join the Finance team at this exciting time - we have a Senior Accounting Analyst opportunity available.
What You Will Do
As the Senior Accounting Analyst, you will use your financial acumen and knowledge of financial accounting and statutory reporting policies, processes and controls to oversee, perform, or support various activities in the preparation of financial statements for TTC and its subsidiaries.
In addition, you will act as lead control performer for the section, which includes reviewing and approving monthly journal entries (JE) and reconciliations performed by other section staff, using judgement to review the accuracy and completeness of their work, pro-actively following up on corrections for identified errors, and informing the Assistant Manager of any recurring or significant problems encountered.
You will also support the adherence to technical accounting processes and procedures and the implementation of new accounting standards by identifying/summarizing impacts, preparing documentation/training, and acting as a consultative resource.
You will prepare monthly analysis on the balance sheet, which include overseeing transactional activity of TTC business partners and their Business Partner Support teams, leading investigations to identify and follow-up on unusual transactions, guiding the correction of errors and guiding the development of new and/or corrective procedures and policies.
You will be responsible for providing accounting services and/or financial reporting, including as related to TTC subsidiaries and employee benefit accounting. This includes reviewing the accuracy of statements, and reviewing actuary reports and forecasting to ensure they are properly reflected in the accounting.
The successful candidate will support the TTC’s year-end close, including chairing the Finance year-end progress review meetings and acting as key contact for audit submissions.
What Qualifications Do You Bring?
- Completion of a post-secondary education, including courses in accounting, combined with related experience
- Must be enrolled in the CPA program (or equivalent) to obtain recognized accounting designation
- Possession of a recognized Canadian accounting designation such as CPA, CA, CMA, CGA is preferred
- Demonstrated work experience with SAP is preferred
- Knowledge of accounting principles and practices related to financial record-keeping, journal entry preparation, account analysis and reconciliation, and financial statement lead sheets and consolidation entries
- Knowledge of current accounting and auditing principles and practices as described in the CPA Canada Handbook, the Public Sector Accounting Standards, Canadian Auditing Standards and other official pronouncements (e.g. International Financial Reporting Standards or International Public Sector Accounting Standards)
- Knowledge of various internal controls over financial reporting and how to use these controls to mitigate financial reporting risks inherent in large, complex and changing IT systems
- Advanced proficiency in the use of computers and computer applications especially Microsoft Office (e.g. Word, Excel, Outlook); must be able to the work with data, in particular managing, organizing and interpreting large volume of data using Microsoft Excel (including, but not limited to, advanced functions such as pivot tables, VLOOKUP, IF Statements, and SUMIFS)
- Highly developed analytical and problem solving skills including ability to apply ‘Big Picture’ thinking when identifying, analyzing, and linking issues
- Ability to exercise judgement to identify unusual transactions, balances or circumstances for investigation and follow-up
- Strong mathematical skills and excellent attention to detail and demonstrated ability to perform work accurately
- Open-minded, flexible and comfortable working in an environment of change and process improvements
- Good interpersonal, verbal and written communication skills to handle inquiries efficiently and effectively, and resolve issues with current team members, supervisor, other departments or external parties with tact and tenacity
- Well-organized in order to meet tight deadlines and prioritize the significant amount of daily workflow
- Must have or rapidly acquire a comprehensive knowledge of the Ontario Human Rights Code and Related Orders including disability accommodation and accessibility requirements pertaining to passengers and employees
What Skills Do You Bring?
- Apply analytical skills
- Apply accounting principles and practices
- Demonstrate appropriate and effective interpersonal communications through various media
- Demonstrate specialized expertise and knowledge in the assigned field
- Understand and apply relevant laws and regulations
- Use office technology, software and applications
What we Offer?
- Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging, representation and reflects the needs of the communities we serve.
- A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purpose-driven in-person collaboration opportunities.
Commitment to EDI
The TTC is committed to upholding the values of equity, diversity, anti-racism and inclusion in the delivery of its services and in its workplaces. The TTC is committed to fostering a diverse workforce that is representative of the communities it serves at all levels of the organization, and supports an inclusive environment where diverse employee and community perspectives and experiences bring value to the organization. The TTC encourages applications from all applicants, including members of groups with historical and/or current barriers to equity, including but not limited to, Indigenous, Black and racialized groups, people with disabilities, women and people from the LGBTQIA+ community. The TTC values and supports an inclusive and barrier-free recruitment and selection process. Accommodations for applicants are available upon request throughout the recruitment and selection process, including for those who identify as having a disability. Please contact Talent Management at (416) 393-4570. Any information received related to an accommodation will be addressed confidentially.
The TTC’s policy prohibits relatives of current TTC employees from being hired, assigned, transferred or promoted into positions, where there is a conflict of interest due to a relationship. Should you be selected for an interview, you will be required to disclose the name, relationship and position of any relative who is a current TTC employee.
We thank all applicants for their interest but advise only those selected for an interview will be contacted.
About Toronto Transit Commission
The Toronto Transit Commission has a rich history dating back to 1921. Since that time, the TTC has grown to become North America's third largest transit system, providing 1.7 million customer journeys every workday, or around 540 million rides per year.
The TTC has a proud record for providing safe, reliable transit. Operating across five distinct modes of transportation, the TTC has developed a reputation for excellence in the integration of those modes through well-proven design.
A full-service operator, the TTC is capable of undertaking virtually every activity in-house via our 14,000 dedicated and professional employees.
Toronto's transit system should match the experience of living in such a city: a high quality, accessible network that understands what our customers need and delivers what matters most to them. The TTC is committed to delivering a world-class transit system.
Senior Accounting Analyst
Top Benefits
About the role
JOB INFORMATION
Requisition ID: 11522
Number of Vacancies: 1
Department: Accounting Services (20001217) - Financial Statements (30000071)
Salary Information: $87,596.60 - $109,509.40
Pay Scale Group: 08SA (CAN/S/J/08SA)
Employment Type: Temporary-Until December 2027 - Hybrid
Weekly Hours: 35, Off Days: Saturday & Sunday Shift: Day
Posted On: July 2, 2025
Last Day to Apply: July 15, 2025
Reports to: Assistant Manager - Financial Statements
The Toronto Transit Commission (TTC), North America's third largest transit system and recognized as one of the top places to work in the GTA has introduced its new 2024-2028 TTC Corporate Plan - Moving Toronto, Connecting Communities which continues the TTC’s legacy of delivering service to hundreds of millions of customers a year. The TTC’s new vision and mission statements also help promote the many environmental, social equity and economic benefits that the TTC provides:
Vision: Moving Toronto towards a more equitable, sustainable, and prosperous future.
Mission: To serve the needs of transit riders by providing a safe, reliable, efficient, and accessible mass public transit service through a seamless integrated network to create access to opportunity for everyone.
The full Plan can be viewed on ttc.ca.
Career Opportunity
Join the Finance team at this exciting time - we have a Senior Accounting Analyst opportunity available.
What You Will Do
As the Senior Accounting Analyst, you will use your financial acumen and knowledge of financial accounting and statutory reporting policies, processes and controls to oversee, perform, or support various activities in the preparation of financial statements for TTC and its subsidiaries.
In addition, you will act as lead control performer for the section, which includes reviewing and approving monthly journal entries (JE) and reconciliations performed by other section staff, using judgement to review the accuracy and completeness of their work, pro-actively following up on corrections for identified errors, and informing the Assistant Manager of any recurring or significant problems encountered.
You will also support the adherence to technical accounting processes and procedures and the implementation of new accounting standards by identifying/summarizing impacts, preparing documentation/training, and acting as a consultative resource.
You will prepare monthly analysis on the balance sheet, which include overseeing transactional activity of TTC business partners and their Business Partner Support teams, leading investigations to identify and follow-up on unusual transactions, guiding the correction of errors and guiding the development of new and/or corrective procedures and policies.
You will be responsible for providing accounting services and/or financial reporting, including as related to TTC subsidiaries and employee benefit accounting. This includes reviewing the accuracy of statements, and reviewing actuary reports and forecasting to ensure they are properly reflected in the accounting.
The successful candidate will support the TTC’s year-end close, including chairing the Finance year-end progress review meetings and acting as key contact for audit submissions.
What Qualifications Do You Bring?
- Completion of a post-secondary education, including courses in accounting, combined with related experience
- Must be enrolled in the CPA program (or equivalent) to obtain recognized accounting designation
- Possession of a recognized Canadian accounting designation such as CPA, CA, CMA, CGA is preferred
- Demonstrated work experience with SAP is preferred
- Knowledge of accounting principles and practices related to financial record-keeping, journal entry preparation, account analysis and reconciliation, and financial statement lead sheets and consolidation entries
- Knowledge of current accounting and auditing principles and practices as described in the CPA Canada Handbook, the Public Sector Accounting Standards, Canadian Auditing Standards and other official pronouncements (e.g. International Financial Reporting Standards or International Public Sector Accounting Standards)
- Knowledge of various internal controls over financial reporting and how to use these controls to mitigate financial reporting risks inherent in large, complex and changing IT systems
- Advanced proficiency in the use of computers and computer applications especially Microsoft Office (e.g. Word, Excel, Outlook); must be able to the work with data, in particular managing, organizing and interpreting large volume of data using Microsoft Excel (including, but not limited to, advanced functions such as pivot tables, VLOOKUP, IF Statements, and SUMIFS)
- Highly developed analytical and problem solving skills including ability to apply ‘Big Picture’ thinking when identifying, analyzing, and linking issues
- Ability to exercise judgement to identify unusual transactions, balances or circumstances for investigation and follow-up
- Strong mathematical skills and excellent attention to detail and demonstrated ability to perform work accurately
- Open-minded, flexible and comfortable working in an environment of change and process improvements
- Good interpersonal, verbal and written communication skills to handle inquiries efficiently and effectively, and resolve issues with current team members, supervisor, other departments or external parties with tact and tenacity
- Well-organized in order to meet tight deadlines and prioritize the significant amount of daily workflow
- Must have or rapidly acquire a comprehensive knowledge of the Ontario Human Rights Code and Related Orders including disability accommodation and accessibility requirements pertaining to passengers and employees
What Skills Do You Bring?
- Apply analytical skills
- Apply accounting principles and practices
- Demonstrate appropriate and effective interpersonal communications through various media
- Demonstrate specialized expertise and knowledge in the assigned field
- Understand and apply relevant laws and regulations
- Use office technology, software and applications
What we Offer?
- Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging, representation and reflects the needs of the communities we serve.
- A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purpose-driven in-person collaboration opportunities.
Commitment to EDI
The TTC is committed to upholding the values of equity, diversity, anti-racism and inclusion in the delivery of its services and in its workplaces. The TTC is committed to fostering a diverse workforce that is representative of the communities it serves at all levels of the organization, and supports an inclusive environment where diverse employee and community perspectives and experiences bring value to the organization. The TTC encourages applications from all applicants, including members of groups with historical and/or current barriers to equity, including but not limited to, Indigenous, Black and racialized groups, people with disabilities, women and people from the LGBTQIA+ community. The TTC values and supports an inclusive and barrier-free recruitment and selection process. Accommodations for applicants are available upon request throughout the recruitment and selection process, including for those who identify as having a disability. Please contact Talent Management at (416) 393-4570. Any information received related to an accommodation will be addressed confidentially.
The TTC’s policy prohibits relatives of current TTC employees from being hired, assigned, transferred or promoted into positions, where there is a conflict of interest due to a relationship. Should you be selected for an interview, you will be required to disclose the name, relationship and position of any relative who is a current TTC employee.
We thank all applicants for their interest but advise only those selected for an interview will be contacted.
About Toronto Transit Commission
The Toronto Transit Commission has a rich history dating back to 1921. Since that time, the TTC has grown to become North America's third largest transit system, providing 1.7 million customer journeys every workday, or around 540 million rides per year.
The TTC has a proud record for providing safe, reliable transit. Operating across five distinct modes of transportation, the TTC has developed a reputation for excellence in the integration of those modes through well-proven design.
A full-service operator, the TTC is capable of undertaking virtually every activity in-house via our 14,000 dedicated and professional employees.
Toronto's transit system should match the experience of living in such a city: a high quality, accessible network that understands what our customers need and delivers what matters most to them. The TTC is committed to delivering a world-class transit system.