The Salvation Army is an international Christian church. Its message is based on the Bible; its ministry is motivated by love for God and the needs of humanity.
The Salvation Army exists to share the love of Jesus Christ, meet human needs and be a transforming influence in the communities of our world.
The Salvation Army Canada and Bermuda has four core values:
We give hope through the power of the gospel of Jesus Christ.
We reach out to support others without discrimination.
We respect and value each other, recognizing everyone’s worth.
We responsibly manage the resources entrusted to us.
Position Purpose Summary
The Senior Financial Accountant (SFA) is a leader of an accounting group and reports to the Assistant Director of Financial Accounting. Utilizing hands-on accounting experience and an in-depth understanding of accounting principles and organizational practices, the SFA will perform complex accounting activities and process development. Responsibilities include, but not limited to accountability for account reconciliation, financial reporting, budget preparation, and provision of financial management advice to various stakeholders.
Manages monthly closing of the financial records and posting of month end information to ensure the accuracy of financial statements
Masters the Salvation Army policies to ensure expenditures claims, accrual and journal entries are appropriate and accurate as well as revenue accounts are correctly coded
Evaluates scenarios where internal policies are in conjunction with laws
On a monthly basis, review unit financial statements for accuracy, and financial health (i.e. Cash flow, fund balances, budgetary performance, etc.)
Develops new processes to promote efficiencies and improve internal controls
Implements and maintains systems and policies to support new processes
Advises and mentor accountants, and partners regarding policy, tax law and accounting principles
Prepares the monthly journal entries to record purchases and sales of investment portfolio assets, and any related gain or loss, based on the information supplied to him/her by the Investment Officer
Approve journal entries prepared by others.
Performs significant account reconciliations ensuring that they are prepared on a timely basis and that appropriate clearing actions are taken
Researches and reconciles discrepancies on the bank reconciliations
Identifies errors and instructs the team of the required corrections
Prepare various accruals / pre-paids and ensure transactions are reflected in the appropriate accounting period.
Prepare annual audit schedule and financial statements in accordance with the requirements of the funding agreements.
Prepares and or oversees preparation of client entities annual Registered Charity Information Returns by staff.
Ensures government filings are prepared in accordance with all applicable policies and guidelines.
Critically review and analyze monthly budget variance report and balance sheet accounts regularly” & “Identify all significant budget variances and ensure information is complete and accurate”
Discuss budget variance analysis reports, forecasts and corrective action with partners.
Act as a member of the budget team, in preparing a first draft of ministry unit budgets, and collaborating on a final budget submission on behalf of ministry units and THQ/DHQ departments.
Prepare multi-year forecasts on behalf of clients
Maintain client entity registration for the taxes including timely filling of returns.
Research and/or prepare various analytical and financial reports.
Completes various recurring and ad hoc reports requested by funders, other government departments, ministry unit leaders, and other finance team members.
Act as the designated client contact and follow up with clients concerning outstanding issues related to financial statement and accounting processes
Remain fluent with and understand Salvation Army policies to ensure accounting transactions are in line with policy and procedure.
Initiate and maintain ongoing communications with clients, treating them with respect and courtesy at all times. Develop an understanding of client requirements, providing detailed solutions and explanations to queries.
Qualifications and Education requirements:
- NOTE: You may be required to provide validated educational documentation.
Completed Bachelor Degree in Finance/ Accounting stream from an accredited program and institution
Must be enrolled in CPA program PEP
Must have at least three years of related work experience in accounting
Minimum three years’ experience in full cycle accounting (AP/AR/GL)
Must have advanced knowledge of MS Excel and Word for handling large volumes of data (Function knowledge specific to: VLOOKUP’s and index/match, indirect, trims, left, right, mid, substitute, if statements (with or/and logic) Excel spreadsheet skills
Experience supervising team
Must be flexible for occasional travel to visit clients and to work overtime as required
Ability to prioritize
Must poses excellent organizational skills and be able to multitask
Excellent written and verbal communication skills
Excellent customer service skills are a must
Ability to lead
Ability to work in a confidential environment
Successful candidates, prior to hiring, may be required to provide:
Background check consent
Please include the competition # 20-010 in the subject line of your email.
If there is a competition number associated with this posting, please include within the subject line of your email, fax or regular mail correspondence.
The Salvation Army will accommodate candidates as required under applicable Human Rights Legislation. If you require a disability related accommodation during this process, please inform us of your requirements.
In accordance with The Salvation Army policy and legislated requirements, employment is conditional upon the verification of credentials and completion of a background check.
Please advise Department Heads of your intentions prior to submitting your application.