Financial Analyst - IFRS & Capital Planning

ICES: Data, Discovery, Better Health; Innisfil; On-site; CAD 65,000 - 95,000; Full time

Benefits offered by this job

Excellent health and dental benefits

Pension plan

Employee Assistance Program for mental

health & wellbeing

Job summary

InnServices is seeking a Financial Analyst in Innisfil, Ontario to manage accounting and reporting transactions and prepare IFRS-compliant financial statements for InnServices Utilities Inc. The role requires maintaining month-end close processes, performing variance analyses, and supporting audits and budgets.

The ideal candidate holds a Bachelor's degree in accounting or finance, has 3+ years of financial experience, and demonstrates strong IFRS knowledge and advanced Excel skills.

Qualifications

• Bachelor's degree in accounting, finance or related field.
• Progressive financial experience with focus on analysis and reporting (3+ years).
• Strong understanding of IFRS and financial reporting standards.
• Advanced Excel and Word skills.

Responsibilities

• Prepare monthly and quarterly financial statements in accordance with IFRS.
• Ensure timely month-end close procedures including reconciliations and journals.
• Analyze P&L vs budget and prior year; provide insights for operations.
• Support year-end audits and budgeting processes.
• Prepare reports and analyses for Operations and Engineering as required.

Skills

IFRS understanding

Financial analysis

Excel

Attention to detail

Analytical thinking

Education

Bachelor's degree in accounting or finance

Tools

Microsoft Excel

Microsoft Word

Job description

Join us at InnServices as a Financial Analyst!

About Us

Located in Innisfil, InnServices is an award-winning, progressive organization that delivers the highest quality water and wastewater services to Innisfil and other municipalities. We serve over 13,000 households or residences and have over $1.48 billion in infrastructure. InnServices operates facilities 24 hours a day, 365 days a year.

Our Mission: To provide safe, reliable, and cost-efficient water and wastewater services, through innovation, that are valued by our communities. To foster an inclusive, supportive, family-oriented utility that values our employees and our communities.

Our Vision: To be Canada's most innovative water and wastewater utilities.

Our Values:

• Safety
• Quality & Reliability
• Innovation & Efficiency
• Fiscal Prudence
• Supportive & Respectful Culture
• Community Leadership & Presence

Why work for InnServices?

• Excellent health and dental benefits
• A great pension plan
• Employee Assistance Program for mental health & wellbeing

The Opportunity

As the primary role responsible for completing accounting and reporting transactions and preparing financial statements for the InnServices Utilities Inc., this role is required to maintain ongoing functional understanding of routine and complex IFRS Accounting standards, processes and reporting obligations to ensure the timely, and accurate reporting of financial information to key business stakeholders.

Responsibilities include, but are not limited to:

• Preparation of monthly and quarterly financial statements for the InnServices Utilities Inc. in accordance with current IFRS Accounting standards.
• Ensure timely and accurate month-end close procedures, including posting recurring journals, monthly account reconciliations, development charges, balance sheet reporting, etc. for routine and complex accounts in accordance with IFRS reporting standards.
• Prepare analysis for month end financial review, comparing P&L actual results against budget and prior year, water and wastewater revenue analysis or other analysis, to support business operations, or other stakeholders.
• Support month-end and year-end activities, including assisting in the preparation of the year end audits and budgets.
• Preparation of reports/analysis for Operations and Engineering as required.
• Analyze and develop financing plans for large scale capital projects, including the consideration of current reserve fund and development charge balances, annual contributions, debt calculations, and forecasting future revenue and development charge receipts.
• Assist in preparation of company's budget and forecasts, long term and strategic planning to support business operations.
• Record and maintain related party transactions
• Preparation of monthly and quarterly financial statements for the InnServices Utilities Inc. in accordance with current IFRS Accounting standards.
• Ensure timely and accurate month-end close procedures, including posting recurring journals, monthly account reconciliations, development charges, balance sheet reporting, etc. for routine and complex accounts in accordance with IFRS reporting standards.
• Prepare analysis for month end financial review, comparing P&L actual results against budget and prior year, water and wastewater revenue analysis or other analysis, to support business operations, or other stakeholders.
• Support month-end and year-end activities, including assisting in the preparation of the year end audits and budgets.
• Preparation of reports/analysis for Operations and Engineering as required.
• Analyze and develop financing plans for large scale capital projects, including the consideration of current reserve fund and development charge balances, annual contributions, debt calculations, and forecasting future revenue and development charge receipts.
• Assist in preparation of company's budget and forecasts, long term and strategic planning to support business operations.
• Record and maintain related party transactions

An Emphasis on Health and Safety:

With health and safety being one of our core values, it is important to ensure you perform the duties of the position in a safe manner, in compliance with the Occupational Health and Safety Act, InnServices’ Health and Safety Policy and Procedures Manual, and any other pertinent regulations, to promote a healthy and safe workplace for all employees.

Qualifications & Core Capabilities:

• Bachelor's degree in accounting, finance or related field required.
• Completion of Chartered Professional Accounting (CPA) is not required but considered an asset.
• 3+ years of progressive financial experience, focused on financial analysis and reporting.
• Strong understanding of IFRS.
• Advanced knowledge of Excel and Word are essential.
• Strong attention to detail along with great analytical and financial analysis capabilities.

InnServices values an inclusive environment. Accommodations for persons with disabilities will be provided, on request, to support candidate participation in all aspects of the recruitment process. To request accommodation, please contact Human Resources.

We thank all respondents for their interest, however only those who will be requested to attend an interview will be contacted. Any personal information submitted will be managed in accordance with the Municipal Freedom of Information and Protection of Privacy Act.