Job Description

Position Details

Work Location: City Hall, 100 Queen St. W, Toronto
Job Type & Duration: Full-time, Temporary Vacancies (30 Months)
Hours of Work: Monday-Friday, 35 hours per week
Posting Period: 29-Sep-2026 to 13-Oct-2026
Affiliation: Non-Union
Division & Section: Finance and Treasury Services

The City of Toronto is Canada's largest municipality serving 2.9+ million residents & thousands of communities in Toronto. We have consistently been named one of Canada's Top 100 Employers.

As a leading public sector employer, the City of Toronto provides meaningful opportunities for aspiring professionals to develop their skills while contributing to the communities we serve.

An exciting pathway for building this experience is the Chartered Professional Accountant (CPA) Rotational Program, which is currently recruiting for CPA Associate positions.

Over a 30-month term, this program will provide CPA Associates with the experience needed to qualify as a Chartered Professional Accountant.

In alignment with the new CPA Professional Program which will launch in January 2027, CPA Associates will gain professional experience through two rotational assignments in either Accounting Services or Financial Planning, with an optional rotation in Internal Audit.

The City of Toronto also supports CPA Associates in preparing for CPA examinations by providing training and study support, including ample study leave for preparing for and writing exams.

Information Session

Join Us! If you are interested in learning more about the CPA Associate role, you can participate in a virtual information session with City of Toronto CPA Program staff on October 8, 2026 from 4pm – 4:45pm. Please register to participate in the information session using provided link. It is important to note that this is a public information session. To remain anonymous, participants must join through web browser and ensure their login name reflects that preference.

Major Responsibilities

As a CPA Associate at the City of Toronto, you will participate in rotational assignments across three divisions, with primary practical experience rotations in either the Accounting Services Division or Financial Planning Division, followed by a secondary rotation in the remaining primary division or Internal Audit, based on organizational requirements.

Accounting Services Division

Research, interpret, and apply new and/or revised Public Sector Accounting Standards (PSAS) to complex and non-routine accounting transactions and consolidated financial statements.
Analyze and provide recommendations of appropriate accounting treatment for complex accounting matters.
Support the development, implementation, and ongoing review of corporate accounting policies and financial reporting practices to ensure compliance with applicable accounting standards and relevant legislation.
Contribute to the preparation of the annual financial statements and reporting requirements, including the consolidation of relevant agencies, corporations and other consolidated entities.
Prepare and evaluate relevant financial statement accounts and note disclosures and ratios for routine and non-routine financial statement elements and reporting.
Assist in the preparation of ad hoc financial analysis, staff reports, and presentations for submission to City executives, Committees or Council.
Investigate significant fluctuations in financial results and general ledger balances, identify root causes, and provide recommendations to management for compliance with PSAS.
Assist the Supervisor or Manager with various tasks/operational requests and attend meetings where confidential financial information is discussed.

Financial Planning Division

Support the development of corporate budget systems and reporting tools that support strategic corporate and political decision-making.
Assess and challenge budget assumptions, revenue projections, expenditure forecasts, staffing plans, economic assumptions, and service delivery impacts using historical trends and analytical techniques.
Assist in the preparation of corporate and divisional financial planning and analysis for capital/operating budget estimates and submissions that align with council directives, corporate guidelines, and City service and operational needs based on the most cost-effective use of City resources.
Perform multi-year financial forecasting, scenario analysis, and sensitivity analysis to evaluate financial sustainability and support strategic planning initiatives.
Support the development of strategic approaches, analytical techniques, and fiscally sustainable solutions to meet the City's fiscal challenges/opportunities, including cost containment, full cost recovery, and revenue maximization.
Analyze costs and revenues for both operating and capital budgets, including resources required to deliver identified services and appropriate business case analysis.
Support cash flow forecast validation to monitor and report on the City's overall cash availability.
Review budget impact on programs/agencies' service delivery and performance measures and prepare finding summaries that guide the City's strategic objective discussions.

Internal Audit Division

Assist in the planning and execution of risk-based audits by contributing to the development of audit objectives, scope, criteria, report writing, findings, recommendations and audit reports.
Conduct audit procedures in accordance with approved audit plans, including interviews, process walkthroughs, control testing, document reviews, data analysis, site visits, etc. to assess the effectiveness of governance, risk management, and internal control processes.
Perform financial, operational, compliance and performance reviews across the City of Toronto to evaluate the reliability of information, effectiveness of the controls, and compliance with policies and regulations.