Senior Financial Analyst

SUMMARY

The Senior Financial Analyst provides complex transactional support for a process within a full accounting cycle and is involved in full accounting cycle for a client contract (s) or business unit(s). At this level, the incumbent typically supports multiple portfolios and complex transactions.

KEY DUTIES & RESPONSIBILITIES

Month End Close

Review project revenue/gross margins & unbilled backlog analysis with the finance/operational leaders for month end review.

Prepare the revenue recognition entries (using percentage of completion revenue recognition) with supporting

documents/calculations as required.

Conduct project financial close out and reconciliation.

Record journal entries, and maintain and reconcile general ledger to the job cost and other sub ledgers.

Answering internal and external financial inquiries as it relates to the specific client account.

Perform timely month end close and ensure recording all pertinent transactions including project /labour / various monthly accruals.

Ensure / investigate Accounts Receivable collection, and explanation for overdue balances.

Prepare monthly reports for specific client accounts.

Financial Planning & Analysis Support

Conduct detailed profitability analysis of variances between planned, forecasted, and actual figures

Assistance in conducting accurate and complete forecasting of revenue and margins by project

Provide support for process improvement initiatives

Provide support for job costing and pricing

Prepare other ad hoc reports for management as required

Understand GAAP requirements, particularly around revenue recognition

Understand basic interactions between financial systems related to the portfolio supported

KNOWLEDGE & SKILLS REQUIRED

3-6 years of progressive experience in public accounting or industry roles

University graduation or professional certification (e.g. P. Eng, CMA, CGA or equivalent courses)

Ability to communicate basic accounting principles to support procedures and to explain financial results within the team and to internal customers.

Ability to complete and resolve assigned complex account reconciliation which sees the highest transaction volume or deal with multiple portfolios or business units.

Ability to reconcile and resolve discrepancies between general ledger and sub ledger.

Ability to identify and provide recommendations for issues and process improvement opportunities at account and business unit level following GAAP procedures.

In-depth understanding of audit requirements within scope of responsibility.

Ability to provide input to process documentations and business cases; write variance explanations, summaries of findings and recommendations.

Advanced level knowledge of current accounting systems and MS Office suite of software

Understanding of more complex accounting issues like revenue recognition (% completion/project accounting)

Excellent analytical abilities, including advanced Excel skills to assist with financial modeling (pivot tables, vlookup, etc.)

Ability to operate in high growth environments with an view of implementing more standard processes and best practices

Strong process improvement and/or implementation experience

Detail oriented, self-starter with strong interpersonal, and communication skills

Proactive and good problem solving skills

Licenses and/or Professional Accreditation

Completed an Accounting designation program (CGA, CMA, CPA)

This is a regular, full-time position with a salary range of $75,440 - $100,000 per annum. The starting salary will be based on the successful candidate’s competencies, including but not limited to experience, education, professional designations and performance related to this role.

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