Business Analyst - Financial Reporting & Systems (10236)
Job Type
Full Time
Posted
October 22, 2024 1:04PM
Location
Toronto, Ontario
The Toronto Transit Commission has a rich history dating back to 1921. Since that time, the TTC has grown to become North America’s third largest transit system, providing 1.7 million customer journeys every workday, or around 540 million rides per year. The TTC has a proud record for providing safe, reliable transit. Operating across five distinct modes of transportation, the TTC has developed a reputation for excellence in the integration of those modes through well-proven design. A full-service operator, the TTC is capable of undertaking virtually every activity in-house via our 17,000 dedicated and professional employees. Toronto’s transit system should match the experience of living in such a city: a high quality, accessible network that understands what our customers need and delivers what matters most to them. The TTC is committed to delivering a world-class transit system.

Description

About the job

JOB INFORMATION

Requisition ID: 10236

Number of Vacancies: 1

Department: Accounting Services (20001217) - Financial Statements (30000071)

Salary Information: $91,618.80 - $114,532.60

Pay Scale Group: 9SA

Employment Type: Temporary-Until November 28, 2025

Weekly Hours: 35, Off Days: Saturday & Sunday Shift: Day

Posted On: October 22, 2024

Last Day to Apply: November 4, 2024

Reports to: Senior Business Analyst


The Toronto Transit Commission (TTC), North America's third largest transit system and recognized as one of the top places to work in the GTA has introduced its new 2024-2028 TTC Corporate Plan - Moving Toronto, Connecting Communities which continues the TTC’s legacy of delivering service to hundreds of millions of customers a year. The TTC’s new vision and mission statements also help promote the many environmental, social equity and economic benefits that the TTC provides:


Vision: Moving Toronto towards a more equitable, sustainable, and prosperous future.


Mission: To serve the needs of transit riders by providing a safe, reliable, efficient, and accessible mass public transit service through a seamless integrated network to create access to opportunity for everyone.


The full Plan can be viewed on ttc.ca.

Career Opportunity

The Finance department is currently hiring a Temporary Business Analyst - Financial Reporting & Systems

What You Will Do

You will be responsible for the development, administration and maintenance of general ledger and management reporting systems and processes. Including the analysis, coordination and preparation of accounting records, budgets, reports on the expenditure and performance measurement variances, and related documentation.


As the Business Analyst, you will provide support to the Senior Business Analyst, performing all duties related to the SAP S4 Hana GL system administration, monitoring and maintenance (e.g. responding to user queries, master data maintenance, period and year-end close, reporting, etc.). Including substituting for immediate supervisor as required.


You will provide guidance and training to TTC users of SAP, Finance Reports and TTC’s chart of accounts via one-on-one, group classes and workshops and maintains training documents and procedures.


In addition, you will work closely with SAP COE to resolve production issues and to review status of and expedite the timely resolution of pending SAP-related incidents & requests or initiatives. Perform testing for SAP Disaster Recovery exercises typically performed outside of normal business hours. Monitor system interface warnings IDOCs and provide guidance to assist SAP Center of Expertise in error analysis and resolution. Participate in investigating and providing solutions to system defects, changes and upgrades, performing user acceptance testing and supporting Information Technology Services/ SAP Centre of Excellence section


As the Business Analyst, you will also perform and monitor periodic and year-end financial compliance activities including completion of account reconciliations, review of journal entries and review of master data. Ensure the opening and closing of accounts and periods is conducted efficiently, on schedule, in sequence and in collaboration with other finance stakeholders to ensure timely and accurate financial reporting to Management. Prepare the annual budget for the section and reports on the expenditure and performance measurement variances throughout the year


Communicates with management, and key stakeholders findings, proposed changes, and progress on financial reporting systems. Maintain and update financial systems, policies, procedures, and materials. In addition, is the liaison with internal and external stakeholders to achieve objectives as defined under this role.


The incumbent will also participate in the TTC's Customer Service Ambassador Program.


What Qualifications Do You Bring?

  • Post-secondary school in accounting, business administration or a relevant discipline or a combination of education, training and experience deemed to be equivalent
  • CPA Candidate, in progress of completing or working towards CPA designation or possession of a recognized accounting designation such as CPA (CA, CMA, CGA, ACCA) would be an asset
  • Must have advanced knowledge of SAP General Ledger Module (FICO)
  • In depth knowledge of current accounting policies & principles and auditing standards as well as budgeting methods and variance reporting
  • Experience performing account or system interface reconciliations and preparing or reviewing audit schedules
  • Experience analyzing financial reports, preparing and reviewing journal entries and reconciliations
  • Experience performing master data maintenance or reporting maintenance, period end routines and journal entry and workflow processing in a mainframe general ledger system and/ or ERP system
  • Experience executing IT test plans related to defects, system upgrades or enhancements or disaster recovery testing
  • Assets include: experience preparing financial reports and statements using Public Sector Accounting Standards
  • Advanced knowledge and understanding of Excel
  • Knowledge of current office automation technology, PC hardware/software and relevant applications (Microsoft Office Word, Outlook, Teams, One Drive, SharePoint)
  • Knowledge of various internal controls (manual, general IT controls and application controls) and how to use these controls to mitigate financial risks inherent in large, complex and changing IT systems
  • Demonstrated ability to perform detailed work accurately with strong attention to detail
  • Flexible and comfortable working in an environment of constant change
  • Strong time management, organizational skills, good interpersonal skills, and good oral and written communication and presentation skills
  • Sound judgement; well-developed analytical, problem-solving skills
  • Must have or rapidly acquire a comprehensive knowledge of the Ontario Human Rights Code and Related Orders including disability accommodation and accessibility requirements pertaining to passengers and employees


What Skills You Bring

  • Apply accounting principles and practices
  • Apply analytical skills
  • Communicate in a variety of mediums
  • Demonstrate specialized expertise and knowledge in the assigned field
  • Use office technology, software and applications
  • Secure and manage fiscal resources
  • Understand and apply relevant laws and regulations

What We Offer

  • Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging, represents, and reflects the needs of the communities we serve.
  • A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purpose-driven in-person collaboration opportunities.
  • One of the great benefits of being a full-time TTC employee is becoming a member of TTC defined pension plan.
  • A comprehensive package that covers health, dental, vision and more.
  • Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues’ well-being.

Commitment to EDI

The TTC is committed to upholding the values of equity, diversity, anti-racism and inclusion in the delivery of its services and in its workplaces. The TTC is committed to fostering a diverse workforce that is representative of the communities it serves at all levels of the organization, and supports an inclusive environment where diverse employee and community perspectives and experiences bring value to the organization. The TTC encourages applications from all applicants, including members of groups with historical and/or current barriers to equity, including but not limited to, Indigenous, Black and racialized groups, people with disabilities, women and people from the LGBTQIA+ community. The TTC values and supports an inclusive and barrier-free recruitment and selection process. Accommodations for applicants are available upon request throughout the recruitment and selection process, including for those who identify as having a disability. Please contact Talent Management at (416) 393-4570. Any information received related to an accommodation will be addressed confidentially.


The TTC’s policy prohibits relatives of current TTC employees from being hired, assigned, transferred or promoted into positions, where there is a conflict of interest due to a relationship. Should you be selected for an interview, you will be required to disclose the name, relationship and position of any relative who is a current TTC employee.

We thank all applicants for their interest but advise only those selected for an interview will be contacted.

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