Accounting technician Jobs in Niagara Falls, ON

Summary :

Reporting to the Associate Director, Financial Management Services (FMS), the Accounting Supervisor is responsible for for the day-to-day operation and supervision of the City’s Accounting Services division, which includes all aspects of Accounts Payable, banking functions, and organization, control and maintenance of the City’s General Ledger system. This position liaises with all departments across the corporation to ensure timely and accurate payment to vendors, manage and reconcile bank transactions and accounts, ensure adherence to policies and procedures especially related to internal controls, ensure compliance with commodity tax legislation, and is operational lead for annual audit and financial reporting functions.

Duties and Responsibilities :

These set out the principal functions of the position and shall not be considered as a detailed description of all the work requirements.)

• Supervise, plan and coordinate the activities of the accounting team. Supervision of operational work assignments, approval of journals, providing direction on priorities and discipline, and performance evaluations of staff.
• Prepare monthly financial reports through the creation and approval of journal entries and reconciliations and the production of internal financial reports.
• Responsible for a variety of accounting functions including but not limited to; reviewing, approving, or preparing journal vouchers, credit card purchases, authorizing cheque preparation, banking-related duties, general ledger reconciliations, operating account analysis for month-end and year-end closings pertaining to all financial sub-systems as required.
• Research and develop financial policies, procedures and internal controls based on best practices.
• Perform ongoing reviews of internal financial controls, procedures, policies, and adherence to Generally Accepted Accounting Practices (GAAP), Public Sector Accounting Board (PSAB) and Municipal Act Requirements in compliance with external auditor reviews. Including the on-going management and interpretation of PSAB accounting and financial reporting requirements, along with changes to federal and provincial legislation and regulations.
• Provide advice and guidance to all City Divisions, the Associate Director, and Chief Financial Officer / City Treasurer on PSAB accounting, financial reporting requirements, controls, legislation, regulations, programs, best practices / procedures, new developments and sales tax-related issues.
• Operational Lead in  preparing consolidated financial statements including year-end working papers and Financial Information Return, with support from the Associate Director, FMS.
• Review Financial Information Return Schedules (Provincial Reporting) and working papers completed by staff and prepare more complex schedules and working papers. Consolidate Financial Statements of subsidiaries, including Library, Performing Arts Centre, Airport and Business Improvement Associations.
• Prepare report Council for approval of financial statements.
• Responsible for monitoring, and maintaining banking agreements.
• Review all account summaries and reconciliations for accuracy and completeness.
• Coordinate and support merchant banking agreements and operations.
• Provide assistance and support to the Associate Director, FMS in the preparation of reports and quarterly and year end variance analysis for various Council, Committee and Board Meetings.
• Performing all other job-related tasks or special projects as directed.

Position Requirements :

Salary Range : Minimum $102,339 annually; Maximum $119,720 annually

Expected Work Location :   City Hall (eligible for some remote work)

Hours of Work :    Currently Monday to Friday 8 : 30AM - 4 : 30PM

THIS IS A TEMPORARY POSITION FOR APPROXIMATELY TWELVE (12) MONTHS