Accountant

Company: Tyndale University

Tyndale is a Christian university that prepares leaders for work in the private, public and not-for-profit sectors, ministry and the global mission of the church. Tyndale offers fully accredited programs in a wide range of disciplines at both the undergraduate and graduate levels. Currently, there are over 1,600 students representing over 90 denominations and 60 ethnic backgrounds and over 13,000 alumni. Founded in 1894, Tyndale is located in Toronto, Ontario, Canada.

POSITION PURPOSE

The Accountant prepares timely and accurate financial statements and analysis for the Controller and Senior Vice President, Administrative & Support Services. The Accountant supports the operations of Tyndale through the financial and accounting services provided to stakeholders. 

PRIMARY RESPONSIBILITIES

Operational Accounting 

• Approve Daily Deposits (e.g. Cash Receipts Deposits, Donations, Food Services, and Campus Services) and G/L entries.
• Approve and monitor payables, expenditures and cash disbursements to ensure policy compliance, accuracy, timeliness, and cash flow management.
• Monitor operational cash flow and bank account balances in order to meet operational needs.
• Approve recurring journal entries, account reconciliations and HST/GST filings.
• Reconcile bank accounts on monthly basis for the University and Foundation.
• Approve and oversee reconciliation of various general ledger accounts on monthly basis.
• Ensure effective internal controls maintained in response to assessed risk and audit requirements.
• Support environment of excellence and professionalism in customer service and teamwork. 

Financial Statement Preparation and Analysis 

• Manage month-end accounting close including necessary adjusting journal entries.
• Prepare complete and accurate monthly financial statements and commentary for the Controller and Senior VP, Administrative & Support Services.
• Perform financial variance analysis of actual performance against budget and projections.
• Prepare financial statements for partnerships with external institutions.
• Prepare financial reports for restricted donations, endowments, scholarships and bursary funds.
• Ensure reporting compliance with accounting standards and regulatory requirements.
• Develop and maintain financial reports for fundraising activities of the Foundation and provide analysis and statistical information for use in fundraising efforts.

Budget Management, Projections and Forecasting 

• Monitor and analyze departmental budget reports; analyze monthly revenue and expense variances.
• Assist the Controller with budget preparation; review budget proposals and allocation for accuracy and reasonableness.
• Assist Controller with year-end projections and financial forecasts for future budget planning and year-over-year comparisons.
• Prepare operational cash flow projections.
• Manage Capital Campaign cash flow projections for major gifts & outstanding pledges. 

Year-End and Audit Preparation 

• Plan year-end closing schedules and prepare year-end journal entries (e.g. Asset Capitalization & Depreciation, University Revenue and Expense Accruals, etc.).
• Prepare audit schedules, working papers, and account analysis for the external audit in coordination with the Controller.
• Liaise with auditors during fieldwork; provide analysis, information and direct requests.
• Perform cash audit of on-hand cash balances, department floats and petty cash funds.
• Support professional and collaborative relationship with the external auditor. 

External Reporting 

• Prepare T3010 Registered Charity Information Returns for University & Foundation.
• Prepare and file Statistics Canada reports.
• Prepare reports and filings for The U.S. Tyndale Foundation.
• Manage charitable donation receipting and ensure compliance with CRA regulations.
• Prepare SSHRC research grant reports, Partnership Agreement calculations, and invoices.
• Prepare special reports and studies for senior management and department managers.
• Assist Controller with development of financial policies and procedures. 

POSITION QUALIFICATIONS

a) Education 

• Bachelor’s degree in Accounting, Finance or Business Administration
• Senior level of CPA Professional Education Program
• Excellent knowledge of generally accepted accounting principles and practices;
• Knowledge of fund accounting, charitable operations, financial analysis

b) Experience 

• 3+ years progressive accounting and financial reporting experience
• Experience within higher education, charity or not-for-profit sector preferred Experience with financial reporting
• Experience using accounting systems (Jenzabar ERP software and Salesforce CRM software)

c) Skills and Abilities 

• Strong time management skills, ability to meet tight deadlines, including year-end requirements
• Strong analytic, organizational and problem solving abilities
• Demonstrated interpersonal skills, collaborative style, and leadership
• Ability to communicate effectively at all levels and excellent oral and written communications
• Ability to work in a team environment and independently; flexible and willing to assist others
• Demonstrated computer software proficiency with MS Office; advanced Excel

d) Personal Characteristics 

• Team oriented with the ability to take initiative and motivate others
• Ability to exercise sound judgment, discretion, initiative and a high degree of confidentiality
• Customer Service focus
• A keen desire to serve family, church, work and community.
• A firm commitment to Tyndale’s mission, values, Statement of Faith and Community Standards Statement.

e) Physical and Mental Demands 

• General office environment and equipment use (e.g. computer, printer, scan/copy/fax etc.)
• Occasional lifting of heavy items (e.g. files, banker boxes, moving financial records to storage)
• Must be able to work in a fast-paced environment, able to prioritize and meet multiple deadlines
• Flexibility to work fluctuating non-standard business hours, as required

Salary Range: $45,000 - $50,000

How to Apply

External candidates can apply for the position at the External Career Center. While we thank all those interested, only those selected for an interview will be contacted.

Internal candidates can apply on ADP Workforce Now through the Career Centre. The Career Center can be accessed through the path Myself > Talent > Career Center.