Financial Analyst

Vaco by Highspring; Toronto; On-site; CAD 70,000 - 90,000; Full time

Benefits offered by this job

Discretionary bonuses

Medical insurance

Dental insurance

Vision benefits

Retirement plan

Job summary

Vaco by Highspring is seeking a skilled accounting professional to focus on lease accounting and liability accruals. Responsibilities include month-end close, reconciliations, and preparing journal entries in line with IFRS and company guidelines.

You will support audits and collaborate to improve the close process. The ideal candidate has 3+ years in accounting/finance, IFRS or US GAAP experience, and CPA consideration.

Qualifications

• Post-secondary education in Accounting or related field.
• Minimum 3 years’ industry experience in accounting/finance.
• CPA or pursuing designation is an asset.
• Knowledge of IFRS and audit standards.

Responsibilities

• Perform month-end close activities including reconciliations and analysis of G/L accounts.
• Monitor accruals and prepare journal entries in line with IFRS and company guidelines.
• Assist with quarterly reviews and annual audits by providing schedules and responding to inquiries.
• Maintain and update schedules for lease portfolio and liability accruals, act as primary liaison for details.

Skills

Lease accounting

Accrual accounting

IFRS knowledge

US GAAP knowledge

Journal entries

Analytical thinking

Attention to detail

Independent work

Education

Post-secondary accounting education

Tools

Lease software

Job description

Focus on lease accounting and liability accruals, including preparing account reconciliations, analyzing assigned G/L accounts, processing journal entries in accordance with IFRS and company guidelines, and supporting ad hoc projects to improve the accounting close process and ensure timely, accurate financial reporting.

About the Opportunity

• Carry out month-end close activities such as preparing reconciliations and analysis of assigned G/L accounts; monitoring monthly accruals of assigned G/L accounts; preparing journal entries as required.
• Assist quarterly reviews and annual audits by providing supporting schedules and resolving auditor enquiries.
• Maintain and update schedules tracking the lease portfolio and liability accruals, serving as the first point of contact for others in the business who need details in these areas.
• Directly coordinate with lease accounting software technical support in order to resolve issues and maintain an accurate subledger.
• Collaborate with other teams to get complete and accurate accrual adjustments; tracking which invoices have been received, already accrued, and which are pending.
• Investigate and resolve issues on a timely basis relating to financial data quality, unusual transactions, outstanding items and reconciling items, escalating to the reporting manager and other stakeholders as necessary.
• Participate in projects that improve the accounting close cycle and support business decision-making.
• Performs other related duties as assigned by management.

About You

• Post-secondary education in Accounting
• Minimum 3 years’ industry experience in an accounting/finance role, reporting under IFRS or US GAAP
• CPA or pursuing designation is considered an asset
• Technologically proficient; quick learner of new systems and applications
• Knowledge of IFRS and audit standards
• Good understanding of balance sheet accounts and accrual accounting, including foreign exchange concepts (remeasurement and CTA)
• Excellent interpersonal skills
• Good retention of information, proactive and effective note-taking
• Ability to work independently and proactively seek additional challenges
• Strong accountability, able to take ownership of work
• Ability to prioritize and effectively manage varying deadlines
• Strong attention to detail
• Ability to think critically and recommend ideas for improvement on existing established policies and practices

This position for employment is for a current vacancy with Highspring’s client. Salary ranges will be disclosed where required by law. The individual may also be eligible for discretionary bonuses and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan (or similar retirement benefits).