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About the Role

Join our dynamic Finance team, where every day is different, and you will always be engaged with meaningful work! The Senior Financial Analyst is responsible for analyzing financial statements, reviewing claim forms and funding contracts, and preparing financial reports. They will support senior leaders in forecast modelling and are responsible for preparing program audit files. The Senior Financial Analyst works closely with senior management for the preparation of complex funding proposal submissions and mandatory reporting. In collaboration with the Manager, the Senior Financial Analyst will establish best practices to ensure adherence to regulatory and YMCA guidelines.

Responsibilities

Lead the preparation of accurate and timely monthly claims, and periodic financial reports, as required and in compliance with complex funding agreements and guidelines.
Prepare Child and Family Development (CFD) wage subsidy, general operating, Canada-Wide Early Learning & Child Care funding, and other Government grants reconciliations by Region, as required and in compliance with funding agreement and guidelines.
Assist the Associate Manager Finance and Child and Family Development (CFD) General Managers in reviewing complex funding agreements and guidelines, as well as the budgeting process and analysis of all CFD programs.
Prepare budget submissions for CFD contracts and for child care centers regional funding.
Manage month-end preparation and closing procedures in an accurate and timely manner.
Prepare the reconciliation of accounts receivable, deferred revenues, and other selected General Ledger accounts related to Government funding, and review monthly revenue drawdowns and Association Allocations (A&A) calculations.
Perform budget variance analysis on CFD and on Camping and Outdoor Education financial statements to support monitoring financial performance.
Assist CFD senior management with analysis on financial viability when opening new centers, and with monitoring of subsequent financial performance.
Support the external audit process by preparing audit documentation and analysis, and providing professional explanations to auditors’ inquiries regarding controls and revenues and expenses testing.
Co-lead CFD program audit preparation by preparing financial statements for audited/reviewed programs and leading the preparation of supporting documents for program audit samples.
Participate in decisions relating to accounting policy changes, enhancements to accounting systems and modifications to YMCA policies.
Perform other duties as assigned.

Requirements

Bachelor’s degree in Accounting, Finance or Business or equivalent experience
Minimum three years of accounting work experience
Understanding of the entire accounting process, from data-entry, to completing Financial Statements
Professional designation such as CA, CMA, CGA, or enrolled in an advanced stage of completing the program or equivalent work experience is an asset
Knowledge of Canadian Accounting Standards for Not for Profit Organizations is an asset
Experience in preparing reporting for government funding is an asset
Must possess strong computer skills (Advanced Excel, Word, computerized accounting package)
Strong analytical skills and attentive to details
Well-developed interpersonal, and relationship building skills; ability to establish rapport and excellent communication with members, staff and volunteers
Excellent written, oral communication and problem-solving skills
Excellent understanding of diversity, inclusion and equity including the ability to identify and address barriers, work effectively with diverse stakeholders, and integrate equity into program design
Commitment to the YMCA’s Mission, Vision and Values
Focus on the health, safety and wellbeing of all children, youth, and vulnerable people in YMCA programs including understanding legal and moral obligations related to reporting suspected child abuse to Child Protection Services
YMCA Competencies: Accountable, Relationship-Builder, Improvement-Orientated, Team Player & Leader, Equity and Wellbeing Promoter
Job offers are contingent on the successful completion of a Police Records Check. Within the first four months and every three years thereafter, a Vulnerable Police Records Check is required.
The YMCA only considers applicants who are legally entitled to work in Canada.

Skills

Advanced Excel
Word
Computerized accounting package
Strong analytical skills
Attentive to details
Interpersonal skills
Relationship building skills
Excellent written communication
Excellent oral communication
Problem-solving skills
Understanding of diversity, inclusion and equity

Location

90 Eglinton Avenue

Work Type

Hybrid
Regular Full Time Salaried

Experience Level

Senior
Minimum three years of accounting work experience

Education Level

Bachelor’s degree in Accounting, Finance or Business or equivalent experience

Salary/Compensations

$85,000 to $95,000

Benefits

Total compensation package

About the Company

The YMCA of Greater Toronto is a charity that ignites the potential in people, helping them grow, lead, and give back to their communities.
We are committed to helping our employees reach their full potential and are recognized as a great place to work.
We offer meaningful jobs and the opportunity to make a difference in the lives of individuals and the health of our communities.
Joining the Y means contributing to over 170 years of providing opportunities for people to shine through programs and services, such as health and fitness, licensed child care, camps, employment and immigrant services, education and training, and services for youth, families, and seniors.
Learn more in our 2025–2030 strategic plan, Greater Together, which outlines how we are focused on building communities where people feel healthier and more connected to their neighbours.

Equal Opportunity

The YMCA of Greater Toronto is committed to Diversity, Equity, Inclusion and Belonging.
We strive to remove barriers to employment and recognize that diverse staff who reflect the communities we work in enrich the experiences of our participants and our team.
As an equal opportunity employer, we invite applications from all qualified candidates including racialized people/people of colour, Indigenous Peoples, disabled people/people with disabilities and members of 2SLGBTQIA+ communities.
If we can make the recruitment process more accessible for you, please let us know when we reach out about a job opportunity so we can work with you to accommodate your needs.