Finance Specialist

Fedcap Canada is excited to play an integral part in the transformation of Ontario’s Employment Services system in its role as the Service System Manager for multiple catchment areas.

Fedcap Canada employees will work in partnership with service partners focused on providing tailored support for unemployed people, including those with disabilities, on their journey towards employment and into sustainable work.

Our goals are to enhance local capacity while amplifying the good work and best practices already underway.

Position Summary

Working in close collaboration with Finance Supervisor(s), the Finance Specialist will assist in any or all the facets of Finance including but not limited to: Payroll, Accounts Payables, Accounts Receivables, Budgeting and Forecasting, Expense Management, Cash Management, Internal Audits, and Claims Validation.

Essential Job Functions

1. Collect, review, log, code, and submit all accounts payable invoices approved for payment by the Finance Supervisor.
2. Receive and verify incoming bills, log into the accounting system, ensure proper job costing accounting, and ensure timely payment.
3. Research and resolve all issues concerning outstanding accounts payable.
4. Ensure financial and accounting processes comply with Company and Funder regulations, along with adherence to provincial and federal laws.
5. Review profit and loss statements to identify gaps and find relevant solutions.
6. Maintain accurate documentation for financial operations and transactions.
7. Negotiate rates and services with vendors to ensure optimal use of funds.
8. Maintain vendor relationships through timely invoice entry, review, and payment.
9. Prepare monthly cost-reimbursable invoices for submission to the program funder with Supervisor approval.
10. Assist with annual program budget preparation for submission to the program funder.
11. Resolve staff payroll disputes in collaboration with the Fedcap corporate payroll unit.
12. Assist in managing credit and collection activities.
13. Work with the Finance Director on ad hoc reports, tools, and/or basic analysis to address financial trends and performance.
14. Conduct month-end closing activities such as revenue accounting, expense accounting, account reconciliation, etc.

Education and Experience

1. Bachelor's degree in business, finance, accounting, or a similar field.
2. Preferably 2 years of accounting and/or auditing experience, or an equivalent combination of education and experience.
3. Capacity to meet tight deadlines and work additional hours when needed.
4. Ability to make suggestions to management based on analysis.

Knowledge, Skills, and Abilities

1. Demonstrable knowledge of financial principles and practices.
2. Strong organizational, administration, presentation, and communication skills (both verbal and written).
3. Ability to follow agency and department policies and procedures.
4. Effective communication with all levels of staff and outside vendors.
5. Maintain accurate and organized records.
6. Demonstrate excellent arithmetic skills and close attention to detail.
7. Good written communication skills and interpersonal skills.
8. Analyze and resolve accounting issues.

Fedcap Canada provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. We are an EEO employer committed to diversity, M/F/D/V.

Fedcap Canada warmly welcomes people with disabilities to join our diverse team and seeks to ensure an accessible hiring process as per the AODA Employment Standard. Please let the recruiter know if you require any accommodations, including but not limited to documents in accessible formats or accommodations during interviews.

Required Skills

Accounts Payables, Accounts Receivables, Financial Transactions, Invoice Creation

About Us

Mission: We are committed to improving the economic and social well-being of the impoverished and disadvantaged.
For 85 years, The Fedcap Group has developed scalable, innovative and potentially disruptive solutions to some of society’s most pressing needs. The Fedcap Group is the parent company of a growing number of top-tier nonprofit agencies dedicated to serving over 300,000 children and adults each year across the United States and the United Kingdom. The Fedcap Group provides educational services to every age group, vocational training in high-growth labor industries, behavioral health services, work readiness skill-building and jobs—all targeted to helping people achieve long-term self-sufficiency.
The work of The Fedcap Group is structured within four major practice areas: Education, Workforce Development, Occupational Health and Economic Development, which are strategically aligned for maximum impact.
The Fedcap Group also invests its time and resources in broader systems change—working in partnership with federal, state and local government to improve the way services are designed, funded and delivered.

Job Info

1. Job Identification: 102057
2. Job Category: Finance/Accounting
3. Posting Date: 01/24/2025, 03:31 PM
4. Degree Level: Bachelor's Degree
5. Job Schedule: Full time
6. Job Shift: Day
7. Locations: 225 King William Street, Hamilton, ON, L8R 1B1, CA

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