Student - Business and Finance Assistant (90)
Location
North York, ON | Canada
Job description
Are you a student or recent graduate looking for an opportunity to build your career over the summer? Are you passionate about making a difference? The Summer Employment Opportunities program provides opportunities to obtain valuable work experience, gain transferable skills, and build professional networks.
Submit an application today for these summer employment opportunities: • Business and Finance Assistant
• Finance/Risk Assistant
Note: When submitting an application for this posting, please indicate on the application form which job type(s) you are applying to. You can apply to multiple opportunities. Information to assist you with the application process is available on the Summer Employment Opportunities website.
This job posting represents multiple positions within different ministries and at various locations across Ontario. Certain cities may be located in distant or remote areas in Ontario and may not be accessible by public transit. Carefully review locations through Google Maps and select ONLY those locations that you are able to travel to and work in. You can select up to 10 locations.
Notes:
- Relocation expenses and/or accommodations are not covered by ministries.
- The number of positions to be filled is approximate and subject to change.
- Please use your legal name when applying to the job ad.
OPS Commitment to Diversity, Inclusion, Accessibility, and Anti-Racism:
We are committed to build a workforce that reflects the communities we serve and to promote a diverse, anti-racist, inclusive, accessible, merit-based, respectful and equitable workplace. We invite all interested individuals to apply and encourage applications from people with disabilities, Indigenous, Black, and racialized individuals, as well as people from a diversity of ethnic and cultural origins, sexual orientations, gender identities and expressions. Visit the OPS Anti-Racism Policy and the OPS Diversity and Inclusion Blueprint pages to learn more about the OPS commitment to advance racial equity, accessibility, diversity, and inclusion in the public service.
We offer employment accommodation across the recruitment process and all aspects of employment consistent with the requirements of Ontario's Human Rights Code . Refer to the "How to apply" section if you require a disability-related accommodation.
What can I expect to do in this role?
Business and Finance Assistant Work Description: Support a team on a range of financial and business projects and initiatives. You may be required to work on some or all of the following tasks:
• Prepare, verify, process and reconcile financial data.
• Support staff in developing business proposals, reports, spreadsheets, and other business/financial documents.
• Conduct research and perform analysis. (i.e. quantitative, qualitative, statistical)
• Prepare and organize correspondence, perform data entry and word processing functions, and create various documents.
• Plan, organize, coordinate and manage daily assigned work.
Finance/Risk Assistant Work Description: Are you a highly motivated, analytical person focusing on Capital Markets and interested in accounting, settlements or risk management? If yes, please consider the Ontario Financing Authority (OFA), the Province's treasury and debt management agency, for your next summer job. The OFA, on behalf of the Province of Ontario, uses sophisticated financial instruments to manage the cost and risks arising from debt issuance and management in domestic and foreign capital markets. Visit the Ontario Financing Authority (OFA) website for more information.
Summer positions are available in the areas of Accounting, Risk Control and Settlements. These positions will provide students with opportunities to familiarize themselves with debt and related hedging instruments, such as bonds, swaps, futures, and options used by financial institutions and institutional investors, their accounting and settlement, risk monitoring and reporting. These positions will support different teams on a range of financial initiatives and business activities, including:
Accounting
• Assist in the financial reporting process of the Public Accounts and year-end audit.
• Assist in the routine tasks of accounting and processing (e.g. reconciliation and other reporting functions).
• Assist in conducting research on industry best practices pertaining to financial reporting and financial instruments.
Risk Control
• Follow established procedures to support the timely generation and analysis of market and credit risk, as well as public debt interest reports.
• Use industry-leading applications, such as Bloomberg, to monitor developments in government bond and credit markets.
• Provide statistical and other analytical support.
Settlements
• Assist in confirming and settling capital markets transactions, preparing wire payments for interest on debt swap, foreign exchange, money market, and bond transactions, as well as loan payments.
• Assist in maintaining financial transactions in the Ontario Financing Authority's treasury and preparing accounting entries in OFA's systems.
• Assist in monitoring each financial transaction throughout the settlement process by ensuring completion, receipt, and payment in order to avoid interest charges, penalties, and/or harm to the Province's reputation.
How do I qualify?
Mandatory
You must meet all eligibility criteria by the first day of employment (contracts begin between May and July):
- Student Status: You must be enrolled in a secondary or post-secondary institution (currently or for the fall semester) OR you must have graduated within the past six months (for example, if you graduated in December, you can apply for and start a summer student position up until June of the following year).
- Age: You must be a minimum of 15 years of age. There is no maximum age limit.
- Residency: You must be a resident of Ontario during the term of employment.
- Work Status: You must be legally entitled to work in Canada. You are also required to have a valid Social Insurance Number (SIN) upon being hired.
- Application: Applications are only accepted online by clicking the "Apply Online" button. Your application should describe how you meet the knowledge and skill requirements outlined on this ad.
Job Requirements for Business and Finance Assistant:
Communication and Interpersonal Skills • You apply your written communication skills to prepare a variety of documents (e.g. reports, document findings, record data, presentations, meeting minutes, etc.)
• You apply your verbal and active listening communications skills to share your knowledge with staff and/or clients and to present your findings
• You apply your initiative and interpersonal skills to work collaboratively within a multi-disciplinary team
Technical Skills and Knowledge • You apply your experience using Microsoft Office product suite, such as word processing (Word), spreadsheets (Excel), databases; email and Internet to conduct research and prepare a variety of documents
• You apply your knowledge and/or experience of accounting and budgeting to process, reconcile, calculate and verify financial information paying close attention to details
Analytical and Organizational Skills • You input data accurately and generate reports paying close attention to detail
• You apply your evaluative and analytical skills to conduct research, perform analysis (i.e. quantitative, qualitative, statistical) and synthesize and summarize information
• You apply your planning and organizational skills to collect, organize, review and verify information/data through review of files, reports, and other means
• You work independently or as part of a team; you plan, organize and prioritize your time to meet competing deadlines
Job Requirements for Finance/Risk Assistant:
Communication and Interpersonal Skills • You apply your written communication skills to document findings, record data, and prepare a variety of documents (e.g. reports, presentations, meeting minutes, etc.).
• You apply your customer service skills and your verbal, written, and active listening communication skills to perform reception duties, respond to phone, email, and in-person inquiries, and provide information to internal clients and/or the public.
• You apply your initiative and interpersonal skills to work collaboratively within a multi-disciplinary team.
Technical Skills and Knowledge • You apply your experience using Microsoft Office applications, such as Word (word processing) and Excel (spreadsheets), as well as databases, email, and the internet to conduct research and prepare a variety of documents.
• You apply your knowledge of the accounting principles of financial instruments to financial reporting.
• You apply your knowledge of financial instruments, such as bonds, derivatives, swaps, options, and money market instruments.
• You apply your knowledge of Canadian Depository for Securities (CDS), Depository Trust Company (DTC), and the International Swaps and Derivatives Association (ISDA) terminology.
Analytical and Organizational Skills • You apply your planning and organizational skills to collect, organize, review, and verify information/data through review of files, reports, and other means.
• You apply your research and analytical skills to conduct research, perform various types of analysis (i.e. quantitative, qualitative and statistical), and synthesize and summarize information.
• You input data accurately, paying close attention to detail.
• You work independently or as part of a team; you plan, organize, and prioritize your work to meet competing deadlines.
Other Summer Opportunities
We offer a variety of job types in diverse career fields. See what other summer opportunities are currently available! Also, check out all the other student and new professional opportunities offered within the Ontario Public Service.
Job tags
Salary
$16.55 - $17.4 per hour
