Financial Accountant Toronto

The Baycrest Corporate Centre for Geriatric Care

Posting Number: 10302

Position Type: Full Time (Hybrid)

Shift Type: Day

Bi-Weekly Hours: 70 Hours

Union: Non-Union

Date Posted: October 21, 2026

Internal Closing Date: October 28, 2026

About Us

The Baycrest Corporate Centre for Geriatric Care (BCCGC) provides shared services for the Baycrest Seniors Care family of companies, supporting our hospital, long-term care home, research centre, education programs and residential living communities. As the administrative and organizational hub of a system fully dedicated to aging and brain health, BCCGC brings people, our shared values and system-wide services together to strengthen care and experiences for older adults.

Grounded in the values of being inclusive, collaborative, ambitious, respectful and excellent, BCCGC fosters an environment where teams thrive and collaboration drives success. From enterprise planning to day-to-day operational support, BCCGC helps ensure the Baycrest vision — a world where every older person lives with purpose, fulfilment and dignity — comes to life.

Job Summary

The BCCGC Finance department is a shared service department, supporting the Baycrest group of Companies and campus activities. Specifically, it is responsible for meeting financial information requirements of both internal and external customers, including budgeting and planning, reporting, financial analysis, accounts payables/receivables, and general accounting.

Reporting to the Director, Financial Controllership and Planning of Corporate Finance, the Financial Accountant is responsible for ensuring the accurate, timely recording of transactions in the general ledger, preparing and completing all approved transfers or wire payments through the appropriate bank; and reporting on cash flow. The role also reviews and analyzes Inter co transactions.

Key Responsibilities

• Prepares and inputs monthly and adjusting journal entries to GL system (Smartstream)
• Tracks and ensures the accurate recording of all bank activities for all banks of the Centre, including the Centre Canadian, Centre US currency, Payroll bank accounts, short-term and long-term bank investments
• Reconciles all bank accounts held by the Centre and other entities.
• Prepares daily cash flow forecast; distributes among management highlighting any issues
• Closes the book in smart stream on year-end and prepare the system for the incoming year
• Coordinates with accounts receivable department and cashier to make sure that all receipts are recorded
• Reconciles bank against AR and cashier’s deposit file
• Prepares transfer of cash between various accounts to cover day to day operating expenses
• Maintains SmartStream General ledger and cost center structure (system administrator)
• Reviews and monitors of monthly balance sheet accounts reconciliations
• Timely collection of statistics from departments for internal reporting; Analyzes and seek clarification from departments on statistics submitted
• Prepares working papers and files HST Rebate, and Non Residential Taxes
• Prepares monthly Accounts Receivable Summary included in the Financial Statement package
• Prepares annual charity return submission for Centre and JHA on yearly basis
• Maintains Capital Projects Structure in SmartStream
• Maintain accountability for capital assets, including tracking depreciation, and compiling and monitoring the capital budget including all capital reports.
• Reconciling the Inter organization transactions between the Baycrest entities.
• Support the preparation of year-end financial statements, supporting lead schedules, and cash flow statements to facilitate the annual external audit process.

Qualifications

• Bachelor’s degree in degree in Accounting, Business Administration or related field of study is preferred
• Enrolled or completed Chartered Professional Accounting (CPA) or similar accounting designation
• Four to five (4-5) years related experience in a large non-profit organization.
• Electronic system data management experience
• Advanced Microsoft Excel skills
• Proficient with Microsoft software including Word, Access, Outlook, Power Point, Acrobat and Internet knowledge
• Prior exposure to Hospital MIS Submission, SmartStream and PROPHIX would be a definite asset
• Excellent communications skills, verbal and written
• Excellent interpersonal skills
• Ability to distill and articulate complex financial information into clear, concise messages, often for persons in non-financial roles
• Very good understanding of general accounting
• Excellent financial analysis skills; analytical, critical thinking and problem-solving skills
• Thorough understanding of general accounting and financial systems
• Ability to work with information that is confidential
• Working knowledge of Canadian Institute of Chartered Accountants (‘CICA’) standards and directions for Not-For-Profit Accounting

Compensation

At Baycrest, we take pride in ensuring our compensation structure is internally equitable and compliant with pay equity legislation. We believe compensation should be transparent, equitable, and reflective of your experience and growth. Our salary ranges are structured to support progression, from learning the role to demonstrating full proficiency.

The salary range for this position is $59,116 to $73,895 per year.

Your placement within the target hiring range will depend on your job-related knowledge, skills, abilities, and relevant education and experience, as well as considerations such as market conditions and internal equity. The starting salary will be determined using these factors to ensure fairness and consistency across the organization.