LONDON PUBLIC LIBRARY is looking for a talented individual to join our team as:
Financial Analyst/General Accountant
This is a Permanent Full Time opportunity.
Purpose of the Role
The Financial Analyst/General Accountant is responsible for financial analysis, controls, and reporting support. This role ensures compliance with financial legislations, standards, and policies, maintaining the accuracy, integrity, and confidentiality of financial records. Additionally, the position assists the Manager of Financial Services in the Financial Services Department activities and supports the finance team.
Key Accountabilities
Leadership & Administration
• Collaborate with the Manager and Finance Team to align with the Library’s strategic goals.
• Facilitate communication within the organization and with key external stakeholders.
• Develop and monitor the Strategic Plan and Budget.
• Assist in the quarterly report preparation for the Library Board and City of London.
Monthly/Annual Reconciliations
• Perform daily, weekly, and monthly bank reconciliations.
• Keep track of daily cash flow updates.
• Handle month-end balance sheet and payroll reconciliations, year-end lead sheets, ensuring accuracy and timely adjustments.
• Maintain and monitor the General Ledger and payroll-related journal entries.
• Balance charity donations and expenditures with the general ledger, including intercompany entries.
Financial Analysis and Controls
• Record accrued and prepaid expenses, deferred revenue and other balance sheet adjustments for financial statements.
• Ensure accurate and timely financial recording and reporting.
• Monitor capital expenditures and tangible capital assets (TCA).
• Support centralized revenue and expense administration.
• Evaluate and improve internal controls and financial procedures.
Financial Reporting
• Provide regular budget status reports and respond to inquiries.
• Prepare statements and reports for grants, partnerships, and trust funds.
• Review and reconcile year-end tax, OMERS, and deduction reports, and assist in processing and mailing T4 and T4A forms.
• Liaise with auditors and assist in the preparation and provision of audit documentation, schedules and working papers.
• Assist in completing the Annual Charity Return and bi-annual surveys for Statistics Canada.
Legislation and Standards
• Stay updated on relevant legislation and ensure compliance with HST, ESA, ITA, GAAP, and PSAB.
• Ensure accurate records management in compliance with industry standards.
Perform other related duties as assigned.
Qualifications
Education:
• Post-secondary degree in accounting, or Business Administration.
• Working towards CPA designation or an equivalent designation.
Experience:
• Minimum of 3 years of progressive accounting experience, preferably in the public sector.
• Supervisory experience in a unionized environment is an asset.
Key Competencies:
Behavioral:
• Professionalism and confidentiality with strong ethics.
• Ability to work independently and in a team.
• Excellent communication, detail orientation, analytical, and organizational skills.
Technical:
• Knowledge of applicable legislation, standards, and CRA regulatory requirements.
• Experience with GAAP, PSAB, Sage 300, and Google Suite with advanced Excel skills (IF statement, Macros, Pivot tables).
Working Hours:
• Standard 35-hour week with occasional evening and weekend work during peak periods.
This position works 100% on site to be able to support the needs of the London Public Library.
This is an Excluded position from the Bargaining unit.
Salary:
$35.607 – $50.173 per hour. Salary to commensurate with education and experience.
Application Information:
Candidates are requested to submit a detailed resume outlining experience and qualifications by: September 21, 2024 to: human.resources@lpl.ca
Please visit our website at: https://www.lpl.ca/
No phone calls please.
The London Public Library will provide accommodation to applicants with disabilities in its recruitment processes upon request consistent with the Ontario Human Rights Code and the AODA regulations.
Applicants for employment, who have been provided with a conditional offer of employment will be asked to provide, at his or her own expense, a satisfactory Police Vulnerable Sector Check and/or Police Information Check, as applicable.
While we appreciate all applications received, only those invited for an interview will be acknowledged. Any personal information submitted will be managed in accordance with the requirements of the Municipal Freedom of Information and Protection of Privacy Act and will be used only to determine eligibility for employment.
We are an equal opportunity employer.
