Job Description
DATE: July 19th, 2023
LOCATION: Toronto, ON - Finance
COMPENSATION: $64,462 - $77,980 Annually Prorated
LOFT Community Services is a unique and dynamic charitable organization that supports people living with complicated issues such as mental and physical health challenges, use challenges, poverty and homelessness. Serving approximately 13,969 annually and providing 1,788 units of supportive housing last year, LOFT is one of Ontario’s largest mental health service providers of its kind. LOFT is also recognized as a Nonprofit Employer of Choice™ Award (NEOC) recipient.
To help fulfill our mission, LOFT is hiring a Financial Analyst.
JOB SUMMARY:
Under the direction of the Finance Manager, the Financial Analyst is an integral role to ensuring the continuing financial stability of the Corporation. Solid analytical skills are needed in order to allocate, reconcile and analyze grants and related expenses. Excellent interpersonal skills are required to communicate with various program and finance staff to obtain information and provide support for decision-making purposes. Independent thinking and time management skills are required to take ownership of tasks and complete them by fixed deadlines.
WHAT YOU WILL DO:
- Reconcile various accounts on a monthly basis. For instance rental income, deposit information, grant income, account receivable, donations, etc.
- Prepare journal entries for monthly program deposits and journal entries as a result of the assigned reconciliation. If necessary, other actions may be necessary (i.e. contact a partner agency about an outstanding invoice not paid.)
- Prepare recurring journal entries
- Open mail with 2nd designated person. Create and prepare deposits that are received at the main office for deposit at the bank. Prepare the journal entry for the deposit.
- Create invoices based on Memorandums of Understanding with various partner agencies. Submit the invoices to the agency via email and create appropriate journal entry to ensure revenues are recorded.
- Assists the Finance Manager by investigating variance (looking up invoices, journal entries or maintain a tracking list of specific funding)
- Assist the Finance Manager in the preparation of any changes that need to occur such as uploading changes to the operating budget or journalizing correction that have been identified.
- Assist in the completion of government reports (annual, semi-annual, quarterly, monthly) as required by our various grantors are met
- Prepares year end reports and detailed working paper schedules for external audit purposes.
- Inputs corporate budget into the accounting system; ensures integrity of the budget data.
- Assist in the preparation of various reports that will be used in the annual insurance submission to secure liability and property insurance;
- Performs other related tasks and responsibilities as assigned from time to time by the Finance Manager. In addition, there may be tasks assigned to them to help build their analytical skills and strengthen their accounting knowledge.
WHAT YOU BRING:
- Completion of a post-secondary degree or diploma in commerce, finance or business administration
- Must be comfortable in working within a computerized network environment
- Proficient in using spreadsheet and word-processing applications; particularly MSOffice Applications
- Knowledge of Great Plains Dynamics and FRX software applications an asset
- Knowledge of basic budgeting and forecasting is an asset
- Excellent reconciliation skills
- Excellent analytical skills required
- Excellent written and oral communication skills required
- Excellent Time Management Skills – Deadline oriented
- Interested in working within a non-profit social services environment
- Must enjoy diversity and working within a changing environment
- Understanding of cultural competency and anti-oppression framework.
- Reflective of a multi-barriered group, as serviced by the program, a strong asset.
- A comprehensive compensation and benefits package, including medical, dental, vision, life insurance, and long-term disability
- Defined Benefits Pensions Plan
- 24/7 Employee Assistance Program
- E-learning program available all year round
- Starting vacation time above minimum standard,
- Additional paid personal and paid sick days
- Professional development budget available to help you nurture and shape your career
- Corporate Gym membership rate with GoodLife Fitness
- Access to Perkopolis, a comprehensive corporate discount program
- Access to unlimited DEI trainings through partnership Canadian Centre for Diversity and Inclusion
- Tuition reimbursement program
- Maternity-leave top up program
Note: All LOFT employees are required to be COVID-19 vaccinated as a condition of hire in accordance with LOFT’s Vaccination Policy; unless they are employed in or work regularly with staff who are employed in, non-client facing roles.
Note: A satisfactory vulnerable sector check (VSC) is also required.
CLOSING DATE: August 2nd, 2023.
Thanks for visiting our Career Page. Please review our open positions and apply to the positions that match your qualifications.
____________________________________________________________________________________________________________
LOFT Community Services is committed to fostering an inclusive and accessible environment and dedicated to building a workforce that reflects the diversity of the community in which we live and serve. LOFT is committed to making employment opportunities accessible in accordance with the Accessibility for Ontarians with Disabilities Act, 2005. Requested accommodation will be provided in all parts of the application and hiring process by contacting hrteam@loftcs.org or (416) 979-1994.
DkfgTXFcgz
Apply
Go Back