Financial Officer

Toronto, ON, Canada

Job Description

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Term: Contract (Up to 1 Year), Full-time
Division/Branch: Corporate Services Division / Finance and Administration Branch

Application Deadline: May 31, 2024

Level: Level 6
Salary Range: Min: $32.88 hourly to Max: $38.68 hourly
Position Location: Head Office, Toronto, ON; Hybrid

The Alcohol and Gaming Commission of Ontario (AGCO) is a regulatory agency that reports to the Ministry of the Attorney General. The AGCO is responsible for regulating the alcohol, gaming, horseracing, and private cannabis retail sectors in Ontario, in accordance with the principles of honesty and integrity, and in the public interest.

Are you an analytical thinker who can navigate complex situations and drive process improvement, and do you have a passion for financial analysis and reporting? Do you enjoy collaborating and working with others in a dynamic, team-oriented environment? If this sounds like you, the Alcohol & Gaming Commission of Ontario (AGCO) would like to hear from you.

The AGCO has an exciting opportunity within the Corporate Services Division for a Financial Officer to join their team. Reporting to the Manager, Financial Operations, the Financial Officer will be responsible for supporting the AGCO\xe2\x80\x99s expenditure and revenue management programs and is accountable for the recording, analyzing, processing, and reconciling of various transactions, in addition to providing expert advice, training, and service to staff and business areas.

In this role, the successful candidate will:
  • Ensure that expenditures and revenue are accurately recorded in accordance with Generally Accepted Accounting Principles, Public Sector Accounting Standards, and applicable policies and procedures.
  • Perform daily, month-end, quarter-end, and year-end activities related to revenue and expenditures accurately and promptly. These activities include preparing reconciliations, journal entries, resolving account and information system variances, processing vendor invoices for payment, reviewing expense claims, and managing accounts receivable.
  • Serve as a Subject Matter Expert to staff and business areas regarding revenue and expenditures, information systems, policies, and directives. This includes answering ongoing questions, preparing or updating training materials, and delivering presentations.
  • Lead the implementation of Enterprise Resource Planning (ERP) or other internal system change requests, projects, and procedures within Finance. This involves recommending changes to management, creating design documents, implementing and coordinating changes, testing, and training Finance and business area staff.
  • Prepare reports and schedules utilizing data from various information systems and tracking files for management review, insight, and decision-making.
  • Perform various controllership and administrative functions, including administering various Corporate Card programs, providing access to systems, maintaining accurate user databases, preparing process narratives and samples for auditors, and coordinating projects and initiatives.
  • Continually review internal controls within the department, propose process improvements, identify gaps and weaknesses, and provide resolution recommendations to the Manager, Financial Operations.
The ideal candidate must have:
  • A post-secondary diploma in accounting or finance, or an undergraduate degree in economics, business, statistics, accounting, or finance.
  • A minimum of 3 years of demonstrated accounting expertise in expenditure and revenue management and reporting in the public or private sector.
  • Experience working with an Enterprise Resource Planning system or other financial information systems at an advanced level, including the proven ability to learn, master, and teach new software. Experience with the Ontario Government Integrated Financial Information System (IFIS) is preferred. (IFIS is an adapted version of Oracle Financials)
  • Experience utilizing the MS Office Suite of programs, including Excel at an advanced level (e.g., IF functions, sumif(s), countif(s), lookup, pivot tables, etc.). Familiarity with VBA coding and macros is considered an asset.
  • Sound knowledge of accounting principles (e.g., International Financial Reporting Standards and Public Sector Accounting Standards) and practices, with the ability to apply them to expenditure and revenue management, recognition, and reporting.
  • Ability to research, interpret, and apply Ontario Public Service policies, procedures, directives, and guidelines (e.g., General Expenses, Travel, Meal and Hospitality Expenses, Revenue Management, Public Sector Expenses Review Act).
  • Developed project management and public speaking skills to coordinate activities, produce/update training materials, and complete presentations.
  • Strong ability to work effectively in a fast-paced and changing environment.
  • Excellent interpersonal, customer service, and consultation skills to develop effective relationships.
  • Superior record-keeping and organizational skills, with the ability to perform administrative tasks accurately.
  • Expert knowledge of Microsoft Office Suite: Visio, Project, Excel, PowerPoint, and Outlook.
  • The successful candidate must be eligible to work in Canada and will be subject to a criminal background check.
The AGCO is an inclusive and equal opportunity employer.

The AGCO has the responsibility to lead by example in advancing racial equity and to build a diverse, inclusive, accessible and respectful workplace where every employee has a voice and the opportunity to fully contribute. To this effect, you are encouraged to reflect upon the diversity you would bring to the role within your application including, but not limited to, individuals identifying with one or more of the under-represented groups identified within Ontario\xe2\x80\x99s Human Rights Code.

Disability related accommodation during the recruitment process is available upon request.

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Job Detail

  • Job Id
    JD2298722
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned