Financial Reporting Accountant

Southbridge Care Homes; Cambridge; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading care home operator in Cambridge, ON, is seeking a Financial Reporting Accountant. The candidate will prepare financial statements, maintain records, and ensure accurate reporting in compliance with CGAAP. A Bachelor's degree and CPA are preferred, along with 2 years of relevant experience. This role is pivotal for the organization’s financial health, requiring strong attention to detail and understanding of senior care accounting.

Qualifications

• 2+ years experience in financial reporting or forecasting.
• Experience with full cycle accounting.
• Understanding of accounting and tax requirements for Canadian senior housing.

Responsibilities

• Prepare financial statements in accordance with CGAAP.
• Perform journal entries to record financial transactions.
• Assist with financial reports for regulatory bodies.

Skills

Financial reporting

Accounting

CGAAP

Attention to detail

Education

Bachelor’s degree in Accounting or Finance

CPA (preferred or in progress)

Job description

Southbridge Health Care LP (Southbridge) is currently looking to add a talented Financial Reporting Accountant to our corporate finance team at our head office in Cambridge, ON. Reporting to the Assistant Controller, the FRA will primarily be responsible for ensuring that all reporting to the Ministry of Health and Long-Term Care is accurate and timely.

This role also plays a vital role in ensuring the accuracy and transparency of an organization's financial health. You will be responsible for preparing financial statements, maintaining accounting records, and supporting the overall financial reporting process according to Canadian Generally Accepted Accounting Principles (CGAAP).

Southbridge is the owner and operator of long-term care homes and retirement communities in Ontario. Southbridge’s mission is to operate a best-in-class portfolio of care homes and retirement communities that consistently deliver excellence in care and services in an economically sustainable manner.

Responsibilities (Including but not limited to):

• Prepare financial statements, including balance sheets, income statements, cash flow statements, and comprehensive income statements, in accordance with CGAAP.
• Perform journal entries to record financial transactions accurately and consistently.
• Close the general ledger at month-end and year-end, ensuring timely completion of financial reporting cycles.
• Assist with the preparation of financial reports for regulatory bodies or other stakeholders (as required).
• Work with the Assistant Controller to perform the Ministry reporting function for all homes.
• Assist in the management of all Ministry Funding agreements & applications.
• Regularly assist in the update of finance team processes and templates.
• Monthly & Quarterly reporting to Operations team (Occupancy, Hours of Care, Quality reporting).
• Participate in the month end process for the homes.
• Assist in preparation of consolidated reporting to upper management.
• Assist with the review of non-operating costs.
• Some treasury functions.
• Other ad hoc requests.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Chartered Professional Accountant (CPA) preferred or in progress.
• At least 2 years experience in financial reporting or forecasting.
• Experience with full cycle accounting.
• An in-depth understanding of the senior care continuum is an asset.
• Understanding of accounting and tax requirements for Canadian senior housing companies, including in-depth understanding of International Financial Reporting Standards (IFRS) and CGAAP.
• Government reporting experience is considered a strong asset.
• Ability to work on site at the head office, located in Cambridge, ON.

We would like to thank all applicants for your interest in working as part of our team! Only those applicants selected to move forward in the recruitment process will be contacted.

Southbridge welcomes those applicants with disability related needs and those whom a need for accommodation in the recruitment process. Please provide notice of your need for accommodation to the hiring manager upon scheduling of an interview.

Note: At Southbridge, we care about your privacy and strive to protect Applicant Data throughout the recruitment process. To that end, information that we gather from applicants via job postings, is used solely for the purposes of recruiting and hiring.