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Current Opportunities

Senior Accountant - Toronto, Ontario

Position: Senior Accountant
Site: MaRS Centre, Toronto
Department: Finance
Reports To: Senior Manager, Financial Operations
Salary: Commensurate with level of experience
Hours: 35 hours/week
Status: Full-time, Permanent

The Ontario Institute for Cancer Research (OICR) is seeking a Senior Accountant to join the Finance team. The Senior Accountant will be responsible as team leader for helping support the operations of the OICR Finance team under the direction of the Manager, Financial Operations.  Responsibilities will include key account analyses encompassing a significant volume of information and transactions, the preparation of reports and summaries, the interpretation of data and reports to identify trends, and the recommendation and development of business/cost models and related documentations. 

The Senior Accountant will gather and verify information from various sources (including peers, colleagues, staff and external stakeholders) and will maintain relevant supporting documentation as backup for the reports/cost models prepared and to facilitate their regular update.  The Senior Accountant will act as liaison with both internal and external stakeholders, providing and obtaining information, responding to requests for information, and providing explanations of financial and/or statistical data and/or finance policies.  The Senior Accountant will play a key role in the annual OICR budgeting and forecasting processes.  The Senior Accountant will maintain the OICR financial framework within the institution’s enterprise resource planning (ERP) system and the business intelligence tool (BIT) to facilitate financial reporting and analysis.

The MaRS Centre has a mandatory COVID-19 vaccination policy in place that requires proof of full COVID-19 vaccination or proof of a medical exemption issued pursuant to the Government of Ontario guidelines.  Accordingly, as a condition of employment, new employees who may be required to work on-site are required to be fully vaccinated for COVID-19 subject to the duty to accommodate on the basis of protected grounds pursuant to the Ontario Human Rights Code.  

Fully vaccinated is defined as having received all of the required doses of a Health Canada approved vaccine and having received the final dose at least 14 days before your employment start date. 

As described above, the requirement to be fully vaccinated is subject to the Ontario Human Rights Code. If the candidate is unable to receive the COVID-19 vaccine for a reason protected by the Code, requests for accommodation from the vaccine policy will be assessed on a case-by-case basis.  

To learn more about working at OICR, visit our career page.

The responsibilities include:

  • Develop financial models (using the institutional BIT) for budgeting and forecasting processes, ensuring models adapt to the changing financial environment, meet user needs, and are easily understood;
  • Prepare budget and forecast working spreadsheets;
  • Liaise with internal clients to facilitate completion of budgets and forecasts, ensuring all institutional deadlines are met;
  • Ensure the integrity of reports produced using the business intelligence tool and reconcile these back to data in the ERP system;
  • Work with internal stakeholders to respond to queries arising from review of budgets and forecasts;
  • Finalize and upload budgets and forecasts into the ERP system, ensuring that the appropriate spreading methodology is applied for each expense category;
  • Develop recommendations for process improvement related to budgeting and forecasting;
  • Review and prepare account analysis and working papers on a monthly basis for all line items in the OICR statement of financial position, providing assurance to the Manager and Director that all accounts are reconciled;
  • Identify discrepancies or unusual balances and investigate to obtain explanations, missing information or corrections and thereby resolve issues, presenting recommendations to the Manager where resolution provides options;
  • Prepare journal entries, as required including month-end deferred revenue and closing entries and payroll entries;
  • Provide technical advice to internal staff on various policy and procedural issues;
  • Review all expense accounts for identification of capital asset items;
  • Prepare and maintain the capital assets schedule, ensuring that supporting documentations are appropriately filed;
  • Calculate and post depreciation entries, ensuring that working papers are appropriately filed and readily available for annual audit;
  • Reconcile annual vacation bank and salary and benefits;
  • Manage rent arrangements including maintaining accurate rent files, and preparing rent cheque requisitions, annual operating cost reconciliation, rental budget workpapers, and working papers for annual audit;
  • Prepare annual Statistic Canada reports;
  • Maintain the ERP chart of accounts, both business unit and object account, including category codes to enable financial reporting and analysis in both the ERP and BIT systems;
  • Train non-finance staff in the use of the BIT software;
  • Be responsible for file management of the reports created in the BIT software;
  • Assist with setting up and updating suppliers and customers in the ERP system;
  • Participate as a functional expert representative in the analysis of the ERP functionality during upgrades and new development projects;
  • Liaise with the provider of the BIT software to ensure operational resolution in a timely manner;
  • Prepare year-end accruals schedule with supporting documentation for each item accrued;
  • Prepare journal entries for post-audit adjustments as advised by the external auditors; and
  • Participate in the year-end financial statement reporting and audit process to deliver working papers and supporting documents to the external auditors; and
  • Other duties as assigned. Responsibilities may be reallocated within the team.

Qualifications:

  • Bachelor’s degree in Business Administration or recognized equivalent required;
  • Professional Accounting designation (CGA, CMA, CA) required;
  • Minimum 6-8 years of practical and related experience;
  • Previous JD Edwards or Insight software experience preferred;
  • Demonstrated commitment to client service and satisfaction.
  • Demonstrated experience in providing support at the senior accountant level, including preparation of complex reports and analyses, cost models and budgets;
  • Demonstrated problem-solving skills;
  • Excellent organizational and time management skills;
  • Demonstrated ability to work with accounting software applications and ability to use Microsoft Office tools (Excel, Word, Access and PowerPoint);
  • Excellent verbal and written communication skills;
  • Knowledge and demonstration of leadership behaviours; and
  • Demonstrated commitment to client service and satisfaction.

OICR is a collaborative, not-for-profit research institute accelerating the development of new cancer research discoveries for patients around the world while maximizing the economic benefit of this research for the people of Ontario. We are dedicated professionals who bring expertise to each of our roles. We are looking for individuals who share our values of excellence, innovation, collaboration, impact, responsibility and community.

Launched in December 2005, OICR is an independent institute funded by the Government of Ontario through the Ministry of Colleges and Universities.

For more information about OICR, please visit the website at www.oicr.on.ca.

CLOSING DATE:      Until Filled

OICR is committed to fostering a climate of equity, diversity, inclusion, and accessibility. This commitment is central to, and mutually supportive of, our research excellence mandate. We welcome and respect the diversity of all members of our community and we support an inclusive culture for all. We welcome all applicants, and encourage applications from racialized persons, Indigenous Peoples, women, persons with disabilities, LGBTQ2S persons, and others who may contribute to furthering a diversity of ideas within our community. OICR is committed to fair assessment of a candidate’s abilities, and consideration for diversity of thought, method, and experience. Providing an accessible workplace and recruitment process is important to us, as described in our Accessibility Plan (https://oicr.on.ca/accessibility/).  Should you require accommodation during any stage in the recruitment process, please complete the form at the bottom of page https://oicr.on.ca/careers/Information received related to accommodation will be handled confidentially.

The Ontario Institute for Cancer Research thanks all applicants. However, only those under consideration will be contacted.

Resume Format: If you elect to apply, you will need a text or HTML version of your resume so that you can cut and paste it into the application box provided. Before you submit the completed application, you will be asked to attach one or two files to your application. Please attach your resume as a .pdf or .doc file.