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Financial Operations Assistant Jobs in Ontario (NOW HIRING)

Ci

Financial Operations Associate

Burlington, ON · On-site

CA$50K - CA$58K/yr

Review the debit balances originating from the fee runs and assist in resolution as per business ... financial services, operations, accounting, or a related field. * Familiarity with PureFacts ...

Prophix

Finance Operations Analyst

Etobicoke, ON · On-site

Coordinate the preparation and distribution of compensation statements * Assist with compensation ... Support annual financial statement audits by providing accurate information to external auditors

DashQ

Finance Operations Associate

Ottawa, ON

CA$60K - CA$80K/yr

... * Assist with budget tracking, cash flow monitoring, and spend reporting. * Support month-end ... Working knowledge of accounting and financial operations principles; formal accounting designation ...

Omers

Analyst, Derivative Operations

Toronto, ON · On-site

The Investment Operations team is responsible for supporting the investment groups in transacting ... Analyze and resolve all issues on a timely basis. Assist other employees in Financial Services in ...

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Financial Operations Assistant information

What is a financial operations assistant?

Financial Operations Assistants are professionals who support the finance department by handling administrative and clerical tasks related to financial transactions and recordkeeping. Their duties often include processing invoices, maintaining financial records, assisting with payroll, reconciling accounts, and preparing reports. They help ensure financial operations run smoothly and accurately in an organization. Typically, they work under the supervision of accountants or finance managers and may use accounting software and spreadsheets to perform their tasks.

What are the key skills and qualifications needed to thrive as a financial operations assistant?

To thrive as a Financial Operations Assistant, you need strong analytical abilities, attention to detail, and foundational knowledge in finance or accounting, usually supported by a relevant degree or coursework. Familiarity with financial software like Excel, QuickBooks, and enterprise resource planning (ERP) systems is typically required. Excellent organizational skills, communication, and a proactive approach help you manage multiple tasks and collaborate effectively with teams. These skills ensure accuracy in financial processes, reduce errors, and support smooth business operations.

What are some common challenges faced by financial operations assistants, and how can they effectively manage them?

Financial Operations Assistants often encounter challenges such as managing high volumes of transactions, ensuring data accuracy, and meeting tight deadlines for financial reporting. To address these, it's important to develop strong organizational skills, be attentive to detail, and utilize financial software efficiently. Collaborating closely with team members and proactively communicating about potential discrepancies can also help maintain smooth operations. Continuous learning and adapting to updated financial regulations or internal processes are key to thriving in this role.

What is the difference between Financial Operations Assistant vs Accounts Payable Clerk?

AspectFinancial Operations AssistantAccounts Payable Clerk
Primary ResponsibilitiesSupports financial processes, data entry, reporting, and assisting with financial transactionsProcesses vendor invoices, manages payments, and maintains accounts payable records
Required SkillsFinancial software proficiency, attention to detail, basic accounting knowledgeInvoice processing, data entry, familiarity with accounts payable systems
Work EnvironmentOffice setting, finance department, cross-functional supportOffice environment, finance/accounts payable department
Common CertificationsBasic accounting or finance certifications often preferredNone typically required, but accounting certifications can be a plus

While both roles support financial operations, the Financial Operations Assistant has a broader scope, assisting with various financial tasks and reporting, whereas the Accounts Payable Clerk focuses specifically on processing vendor invoices and payments. Both roles require attention to detail and familiarity with financial software, but the Assistant position often involves more diverse responsibilities within the finance department.

What are the most commonly searched types of Financial Operations jobs in Ontario?

The most popular types of Financial Operations jobs in Ontario are:

What are popular job titles related to Financial Operations Assistant jobs in Ontario?

For Financial Operations Assistant jobs in Ontario, the most frequently searched job titles are:

What job categories do people searching Financial Operations Assistant jobs in Ontario look for?

The top searched job categories for Financial Operations Assistant jobs in Ontario are:

What cities in Ontario are hiring for Financial Operations Assistant jobs?

Cities in Ontario with the most Financial Operations Assistant job openings:

Financial Operations Assistant jobs near you
Infographic showing various Financial Operations Assistant job openings in Ontario as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 18% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution.

Financial Operations Accountant

ARAG Legal Solutions Inc

Toronto, ON • Hybrid

Full-time

Posted 21 days ago

Job description

Financial Operations Accountant

Reporting to the Financial Operations Manager, the Financial Operations Accountant is responsible for supporting both general and technical accounting functions, including accounts payable, cash management, reconciliations, reporting, and financial analysis.

What will you do?

General Accounting

  • Process and record accounts payable transactions, ensuring invoices and employee reimbursements are accurate and compliant with finance policies
  • Perform account reconciliations including bank accounts, prepaid expenses, and claims
  • Maintain fixed asset schedules, including acquisitions, disposals, and depreciation
  • Prepare and review accruals in collaboration with business stakeholders
  • Assists in preparation of monthly regulatory listing report
  • Booking of investment FX fluctuations and other income
  • Support month-end, quarter-end, and year-end close processes

Technical Accounting & Cash Operations

  • Reconcile balances against client reports and investigate discrepancies to ensure proper allocation
  • Communicate and investigate account balance discrepancies with clients
  • Review and analyze client data (e.g., premiums, claims, commissions)
  • Develop effective relationships with ATE operations for continuous collaboration
  • Check coverage against claim reimbursements
  • Ensure accurate entry of technical accounting data into technical system

Operational Support & Controls

  • Process monthly bordereaux reports received from business partners
  • Review the bordereau reports to ensure accuracy of the data and flag any inconsistencies
  • Resolve weekly Unallocated Cash (UAC) balances in collaboration with business partners as required
  • Create and process the corresponding bordereau for aged unallocated cash balances
  • Policyholder sanction checking software alerts handling
  • Prepare balance sheet reconciliations and supporting schedules to support finance team
  • Assist in maintaining and improving accounting procedures and internal controls
  • Support audit activities by preparing documentation and responding to auditor requests
  • Ad hoc reporting for internal management
  • Ensure adherence to records management and documentation standards

About You:

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance or a related quantitative field
  • University degree or college diploma and general accounting courses required
  • 1-3 years of accounting experience preferred, with exposure to insurance as an asset.
  • Basic level accounting experience (insurance industry experience is an asset)
  • Working knowledge of accounting principles and processes
  • Experience with SAP or similar ERP systems is preferred
  • Advanced proficiency in Microsoft Excel and Office 365
  • Strong analytical, problem-solving, and investigative skills
  • High attention to detail and accuracy
  • Excellent communication, organizational, and time management skills
  • Ability to manage multiple priorities and meet deadlines
  • Ability to work both independently and collaboratively

We Offer:

  • Competitive Base Salary including annual bonus plan
  • Generous Employer Paid Benefits Plan, including RSP matching & Fitness Credit
  • Location is a combination of remote work from home and from our head office in the heart of Toronto's Financial District

ARAG Legal Solutions Inc., part of the ARAG Group, is a global leader in legal expense insurance operating in 19 countries offering an innovative and comprehensive range of legal expense products and services for brokers, underwriting agents and insurers across Canada.For more information about ARAG Canada please visit: www.arag.ca/en/

We are an Equal Opportunity Employer

ARAG Legal Solutions Inc., are proud to be an equal opportunity workplace and employer.  We are committed to equal employment opportunity regardless of citizenship, race, place of origin, ethnic origin, colour, ancestry, disability, age, creed, sex/pregnancy, family status, marital status, sexual orientation, gender identity, gender expression, receipt of public assistance (in housing) and record of offences (in employment).  

ARAG Legal Solutions Inc., is committed to providing employment in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). Any assessments and selection materials or processes used during the recruitment process will be available in an accessible format to applicants with disabilities, upon request. If contacted for an interview, please advise the Human Resources Manager if you require disability-related accommodation.

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