DATE: November 13, 2024
LOCATION: Toronto, ON – Finance Department
COMPENSATION: $48,941 - $58,154 annually prorated
LOFT Community Services is a unique and dynamic charitable organization that supports people living with complicated issues such as mental and physical health challenges, substance use challenges, poverty and homelessness. Serving approximately 19,633 annually and providing 1,861 units of supportive housing last year, LOFT is one of Ontario's largest mental health service providers of its kind. LOFT is also recognized as a Nonprofit Employer of Choice™ Award (NEOC) recipient.
To help fulfill its mission, LOFT is hiring an Accounting Analyst.
Job Summary
The Accounting Analyst provides accounting assistance and analysis regarding the accounts and assorted transactions pertaining to the operation of the various properties and assets of LOFT.
What You Will Do
This position works in conjunction with, and in support of the other functions found within the finance department, by:

• Receiving and reviewing all rent transactions from program staff (summary forms, arrears, etc.), and reconciling deposits to bank summary forms, following-up on discrepancies; reviewing annual amount of rents collected from each property for appropriateness to market rates or compliance with rent geared to income requirements, identifying and reporting anomalies; developing and implementing policies, procedures or processes for rent collection by staff to prevent theft or misappropriation, providing training on rent collection and recording; monitoring all agency banking transactions (e.g. Donor income, GST payments, expenditures) for completeness or accuracy of supporting documentation, adherence to internal controls/policies and reconciling all account statements;
• Facilitating the completion of documentation required for the renewal of automobile property and general liability insurance for the agency, statements of value or appraisal reports, arranging for property appraisals, gathering all required supporting documentation; basing with die broker on issues/problems and providing periodic updates or changes; distributing insurance documentation to appropriate program staff, providing instruction, policies or procedures on what to do in the event of an accident, ensuring accidents are reported in a timely manner and submitting claims as necessary;
• Coding and journalize various invoices coded to advance accounts, VISAs, donations. Reconciliation of the advance accounts, VISAs or donation accounts.
• Carries out monthly Accounts Receivable billing to partner agencies and carries out Monthly reconciliation and follow up of AR accounts
• Access and download all electrical, gas, bell, internet, cable, and other invoices that are obtained online from various vendors and prepare urgent cheques as required.
• Forward all invoices that require approval to the correct manager via the Paper Save software.
• Ensure that invoice information is uploaded correctly into the accounting software (Great Plains) for payment process.
• Reconcile Vendor & bank statements and follow up with vendors when it is necessary to ensure that vendor's records remain current.
• Assisting with the preparation for the annual audit; providing other related assistance as required.
• Perform other duties and reconciliation as assigned by the Manger

What You Bring:
Must Haves

• The position requires excellent knowledge of general accounting principles and practices as acquired through post-secondary education (bachelor's in accountancy)
• A minimum 4-5 years of experience in a general accounting environment.
• Knowledge of maintenance of general ledgers and the ability to perform reconciliations, with knowledge of the internal policies/procedures, deadlines and controls of the organization pertaining to financial transactions and rent collection.
• Excellent knowledge is required of spreadsheet software (Excel in an MS Office environment), word processing (MS Word), accounting (Great Plains Dynamics), and payroll (ADP) software sufficient to input and edit data, make calculations, produce analytical reports and transmit information.
• Strong analytical and problem-solving skills are essential in finding errors, anomalies, or omissions in financial data and recommending solutions, in reconciling accounts and revising accounting policies and procedures.
• Highly detail oriented to review all information received for accuracy and adherence to internal controls with strong time management and organisational skills to meet established deadlines. Excellent interpersonal and communication skills are required to follow-up on discrepancies and respond to inquiries from program staff or external representatives.

Work Environment:

• Combination of walking and sitting for a long period of time. Ability to use office equipment and computers.
• Must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
• Ability to work at a desk, conference table or in meetings of various configurations.

What We Offer

• A comprehensive compensation and benefits package, including medical, dental, vision, life insurance, and long-term disability
• Defined Benefits Pensions Plan
• 24/7 Employee Assistance Program
• E-learning program available all year round
• Starting vacation time above minimum standard,
• Additional paid personal and paid sick days
• Professional development budget available to help you nurture and shape your career
• Corporate Gym membership rate with GoodLife Fitness
• Access to Perkopolis, a comprehensive corporate discount program
• Access to unlimited DEI trainings through partnership Canadian Centre for Diversity and Inclusion
• Tuition reimbursement program
• Maternity-leave top up program

Our Commitment to Diversity and Inclusion
LOFT Community Services is a values-driven organization with a deep belief that each person has the ability to grow and change. We value compassion, collaboration, and community delivered with dignity, innovation, and excellence. LOFT's vision is that together, we can all live successfully in our community. Our client population reflects Ontario's diverse community and it is LOFT's goal to build a workforce who also reflects that diversity. LOFT believes there are many ways to develop skills and build experience and expertise. So even if you don't “tick all the boxes” but think you'd thrive in this role, you are encouraged to apply.
Note: A satisfactory vulnerable sector check (VSC) is also required.
CLOSING DATE: November 27, 2024

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LOFT Community Services is committed to fostering an inclusive and accessible environment and dedicated to building a workforce that reflects the diversity of the community in which we live and serve. LOFT is committed to making employment opportunities accessible in accordance with the Accessibility for Ontarians with Disabilities Act, 2005. Requested accommodation will be provided in all parts of the application and hiring process by contacting [email protected] or (416) 979-1994.

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