Apply By: Friday, May 3, 2024 11:59 pm EDT
Competition Status: Application Screening

Approximately 343 individuals applied for this opportunity.

We are screening ALL applications received on or before the closing date and rating them against the qualifications outlined in the job ad. Applicants whose resume and cover letter best demonstrate how they meet the qualifications to do the job will be invited to continue in the hiring process.

To learn about our recruitment process, visit our Hiring Process.

Accounting and Reporting Lead

Organization:
Ministry of Health
Division:
Corporate Services Division: Fiscal Oversight and Performance Branch
City:
Toronto
Language of Position(s):
English
Job Term:
1 Permanent
Job Code:
6A001 - Finance06
Salary:
$76,382.00 - $112,555.00 Per Year
Posting Status:
Open
Job ID:
212494
Effective April 1, 2024 the salary range for this position is $82,217 to $121,155 per year in compliance with AMAPCEO collective agreement provisions. The new rates, effective retroactive to April 1, 2024, were recently confirmed and dates for implementation of the new salary rates are still to be determined.

The highly-motivated and skilled team within the Accounting and Reporting Unit plays an important role in implementing a modern controllership and financial management framework by leading the ministry in establishing and maintaining an effective system of internal controls to ensure reliable financial reporting, compliance with policies & directives, and effective operations.

We are the Ministry's accounting & controllership experts and we provide subject matter expertise on a broad range of accounting & controllership standards, and oversee their effective implementation. We also provide oversight and control over corporate financial systems, lead the accounting & financial reporting functions, act as the ministry's corporate payment support lead, lead the development of financial management reports, implement the annual Certificate of Assurance process, and develop and implement the Delegation of Financial Management Authority Framework.

Are you an accounting expert who understands reporting requirements? Do you have experience leading others? Consider this exciting opportunity to join the Ministry Accounting and Reporting team and showcase your technical leadership and specialized technical financial expertise.

• Are you interested in being an integral part of the team that:
o prepares ministry financial statements for inclusion in the province's Public Accounts
o leads corporate accounting & reporting functions including monthly close, accounts receivable write-offs, journal entry reviews
o implements financial management policies and accounting standards
o leads the ministries' revenue forecasting and planning
o liaises with the external auditor and program areas to lead the ministry through the Public Accounts audit


NOTE - This position is located at 438 University Ave, however alternate work arrangements may be available.

OPS Commitment to Diversity, Inclusion, Accessibility, and Anti-Racism:

We are committed to build a workforce that reflects the communities we serve and to promote a diverse, anti-racist, inclusive, accessible, merit-based, respectful and equitable workplace.
We invite all interested individuals who are eligible for Targeted Direct Assignments (TDA) to apply and encourage TDA eligible applications from Indigenous, Black, and racialized individuals, people with disabilities, as well as people from a diversity of ethnic and cultural origins, sexual orientations, gender identities and expressions.
Visit the  OPS Anti-Racism Policy and theOPS Diversity and Inclusion Blueprint pages to learn more about the OPS commitment to advance racial equity, accessibility, diversity, and inclusion in the public service.
We offer employment accommodation across the recruitment process and all aspects of employment consistent with the requirements of Ontario's Human Rights Code. Refer to the application instructions below if you require a disability-related accommodation.

What can I expect to do in this role?

You will:
- provide specialized financial accounting expertise, analysis, and leadership for the consolidation of ministry financial statements to meet central agency provincial reporting requirements
- lead the development and implementation of related accounting and reporting policies, business processes, financial information and reporting systems, and stakeholder training materials
- lead accounting and reporting functions and specialized financial services for the ministry
- provide technical leadership and specialized technical expertise on the identification and mitigation of risks and on critical financial impact to the ministry
- provide guidance and leadership to staff in the unit including assigning and tracking work, establishing priorities, monitoring performance, monitoring progress and coaching to help staff improve performance
- provide technical direction for the development of training on financial reporting to management and staff

How do I qualify?

Technical knowledge:

- you have knowledge of Generally Accepted Accounting Principles (GAAP), Public Sector Accounting Board Standards, consolidation theory/practice, financial and accounting theories/practices, normally acquired through formal professional accounting studies
- you have knowledge of financial policy/procedures and systems design/development principles & methods
- you have knowledge of government financial reporting processes and requirements, including capital accounting knowledge
- you have knowledge of performance measurement, financial and management processes
- you have knowledge of risk management and financial analysis skills to conduct senior level financial analysis and to prepare quarterly/annual ministry financial statements
- you are proficient with the use, operations, and capabilities of large-scale computer systems for financial reporting (e.g. IFIS) and can develop financial reporting requirements, generate reports, and meet ministry and central agency requirements for recording and consolidation of ministry financial information/data

Communication and interpersonal skills:

- you have clear written communication skills to prepare project material, briefing notes, operational policies and procedures, impact analysis, and other related correspondence
- you have effective oral communication skills to explain complex financial information, advise management on financial policies and reports, and to promote effective financial management through training and other communications
- you have planning, organizational and training skills to promote effective financial reporting and provide training on accounting standards and financial management/reporting requirements -negotiation/persuasion and facilitations skills
- you can build effective relationships with others
- you can provide strategic/business advice, financial expertise and briefing on a range of critical business, accounting, financial and reporting risks and issues

Analytical and problem-solving skills:

- you can lead and consolidate the accurate reporting of ministry financial statements related to government revenue, expenditures, assets and liabilities to ensure the representation of the true financial position of the ministry in the published Public Accounts
- you can develop and maintain effective operational policies, business processes, financial information reporting systems and instructions for reporting entities
- you can identify and manage risks involved in consolidating the budgets and actual financial results while ensuring the integrity and quality of data and provide impact assessment and issues resolution recommendations
- you have proven ability to evaluate trends, standards and policies using different sources of information to identify future impact to assigned programs, develop financial options and make recommendations

Leadership and project management skills:

- you have proven leadership and project management skills to lead the analysis and review of assigned program components in the consolidated financial statements
- you can provide financial direction for the design, development, and delivery of training on ministry reporting processes, systems, and standards
- you have proven experience providing financial expertise and leadership for the year-end consolidation of financial statements for the ministry, into the consolidated financial statements (Public Accounts) of the province
- you can lead the development and implementation of financial/business policies, procedures, processes, systems, and training materials to meet audit and ministry requirements for the collection, recording, and consolidation of financial information/data of the ministry

Additional Information:

Address:
  • 1 English Permanent, 438 University Ave, Toronto, Toronto Region
Compensation Group:
Association of Management, Administrative and Professional Crown Employees of Ontario
Schedule:
6
Category:
Finance and Economics
Posted on:
Friday, April 12, 2024
Note:
  • The information that you provide for the purpose of this competition and the results from this competition may be used to fill other positions. These positions may be of various tenures including short-term assignments. Your information and the results from this competition will be retained for the purpose of filling vacancies in accordance with the applicable collective agreement or policy provisions.
  • C-HL-212494/24
All external applicants (including former employees of the Ontario Public Service) applying to a competition in a ministry or Commission public body must disclose (either in the cover letter or resume) previous employment with the Ontario Public Service. Disclosure must include positions held, dates of employment and any active restrictions as applicable from being rehired by the Ontario Public Service. Active restrictions can include time and/or ministry-specific restrictions currently in force, and may preclude a former employee from being offered a position with the Ontario Public Service for a specific time period (e.g. one year), or from being offered a position with a specific ministry (either for a pre-determined time period or indefinitely). The circumstances around an employee's exit will be considered prior to an offer of employment.
Remember: The deadline to apply is Friday, May 3, 2024 11:59 pm EDT. Late applications will not be accepted.

We thank you for your interest. Only those selected for further screening or an interview will be contacted.

All Ontario Public Service external job advertisements are posted in English and French. To confirm the language requirements of a job, check the "language of position" information at the top of each job ad. For all positions, candidates will be assessed in English, the business language of the Ontario Public Service. For English/French designated bilingual positions, candidates will also be assessed through French-language proficiency testing.

Toutes les offres d'emploi externes de la fonction publique de l'Ontario sont affichées en anglais et en français. Pour connaître les exigences linguistiques, vérifiez les renseignements sur la « langue du poste » figurant dans le haut de chaque offre d'emploi. Pour tous les postes, l'évaluation des candidates et candidats se fera en anglais, la langue usuelle de la fonction publique de l'Ontario. En ce qui concerne les postes désignés bilingues, la maîtrise du français des candidates et candidats sera également évaluée.

The Ontario Public Service is an inclusive employer.
Accommodation is available under the Ontario's Human Rights Code .
Note: The only website where you can apply on-line for positions with the Ontario Public Service is http://www.gojobs.gov.on.ca

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