ACCOUNTING ASSISTANT 2

Job ID: 65814

Job Category: Finance, Accounting & Purchasing

Division & Section: Policy, Planning, Finance & Admin, PPF&A Financial Management

Work Location: Metro Hall, 55 John St, Toronto, ON, M5V 3C6

Job Type & Duration: Full-time, 1 Temporary (7 month) Vacancy

Hourly Rate and Wage Grade: $42.28 - $46.31

Shift Information:Monday to Friday, 35 hours per week

Affiliation:L79 Full-time

Number of Positions Open:1

Posting Period: 12-AUG-2026 to 19-AUG-2026

Job Functions

• Performs accounting duties such as reviewing, researching, analyzing and reconciling ledger accounts, setting up and maintaining expenditures and revenue working papers, spreadsheets and reconciliation to general ledger.
• Prepares financial statements and statistical data reports i.e. departmental capital and current projects
• Reviews, analyzes and reconcile encumbrances, budget variance reports and cost detail records related to departmental capital and current projects.
• Reconciles and monitors capital/current projects and recoveries.
• Maintains a Cost Control System including subsidiary records relating to departmental capital and current projects.
• Prepares monthly departmental financial statements and other financial information for Divisions, Provincial and Federal Government.
• Prepares and calculates subsidy claims, ad hoc financial and statistical reports to the Provincial and Federal Government.
• Performs and maintains accounts receivable functions including bank deposits and reconciliation, preparing, reviewing, posting and reconciling journal entries.
• Performs calculations in order to process period end accruals for expenditures.
• Prepares working papers and processes period end and year end closing entries.
• Reviews financial system reports and takes action as required.
• Analyzes and reconciles account balances. Prepares, reviews, and posts journal entries.
• Reviews General Ledger expenditure and revenue accounts, processes reclassification and reallocation adjustments, and reconciles expenditures.
• Prepares statements for reporting to management and divisions.
• Analyzes monthly budget variances.
• Provides assistance on accounting and financial related matters to the divisions as requested.
• Provides financial analysis, claims and other information to the divisions.
• Creates/executes ad hoc financial system reports for analysis purposes.
• Liaises with Finance Department for processing vouchers, retrieving documents and dealing with other accounting related issues.
• Assists on projects and assignments.
• Monitors Provincial statutes and regulations, City by-laws and/or Council direction, and agreements for any changes.
• Co-ordinates data with City, Provincial and Federal Auditors.

Key Qualifications

1. Completion or present enrolment towards completion of a professional accounting designation and/or an equivalent combination of education and senior experience in accounting.
2. Extensive experience in financial accounting and/or financial reporting in public or private sector.
3. Considerable experience in the analysis, investigation and processing of transactions relating to accounts receivable.
4. Considerable experience analyzing financial data and preparing financial reports.
5. Considerable experience using office systems including Microsoft Office Suite: Word, Excel and PowerPoint.
6. Considerable experience using SAP or an equivalent financial information system.

You must also have:

• Advanced knowledge of current accounting procedures and techniques pertaining to the function, with a strong working knowledge of SAP financial system.
• Excellent customer service and interpersonal skills with the ability to establish and maintain effective working relationships with all levels of staff and public.
• Strong verbal and written communication skills and the ability to communicate effectively and deal professionally and tactfully with members of Council, all levels of staff and public.
• Strong analytical and problem-solving skills.
• Ability to prepare detailed correspondence, memoranda, summaries, statements, and documentation requiring the interpretation and application of a wide range of administrative accounting practices.
• Ability to provide work direction and training to accounting staff.
• Ability to exercise independent judgement and discretion in dealing with confidential matters.
• Ability to work overtime as required to meet deadlines.
• Ability to perform complex detailed computations and calculations.
• Ability to plan, organize and manage work independently with minimal supervision and co-operatively as a member of a team.
• Working knowledge of Financial Control and Municipal Codes.

NOTE TO INTERNAL FULL-TIME AND PART-TIME CITY OF TORONTO EMPLOYEES:

City of Toronto employees must apply to full-time or part-time employment opportunities posted on the City's Internal Job Posting Portal.

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 the application process is available upon request. Learn more about the City’s Hiring Policies and Accommodation Process.