Senior Accountant

Porter Airlines Inc.; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

Porter Airlines Inc. seeks a Senior Accountant to join its finance team in Toronto. The role involves handling accounting operations, ensuring compliance with standards, and supporting financial reporting. The ideal candidate will possess a bachelor's degree, CPA designation, and have experience in financial accounting, particularly in the airline sector. Excellent analytical and communication skills are essential for this position.

Qualifications

• Minimum 3 years of financial accounting experience; airline industry experience is a plus.
• Good understanding of GAAP and IFRS.
• Strong analytical skills and a solution-oriented mindset.

Responsibilities

• Support monthly and annual financial close processes.
• Ensure compliance with internal policies and external regulations.
• Support process improvement initiatives.

Skills

Attention to detail

Analytical skills

Proactive mindset

Interpersonal skills

Communication skills

Education

Bachelor’s degree in Finance, Business, or related discipline

CPA designation (near completion accepted)

Tools

Excel

Enterprise Resource Planning (ERP) systems

Job description

Join to apply for the Senior Accountant role at Porter Airlines Inc.

The Senior Accountant will be a key member of the finance team, reporting directly to the Manager, Accounting. This role is responsible for supporting the day-to-day accounting operations (excluding Revenue Accounting), maintaining accurate financial records, and ensuring compliance with applicable accounting standards. The Senior Accountant plays a critical role in transactional accounting functions, contributing to the integrity of financial reporting, supporting internal controls, and helping to drive operational efficiency across the organization.

Duties & Responsibilities

• Support monthly, quarterly, and annual financial close processes by preparing and reviewing journal entries, balance sheet reconciliations, and cash flow schedules.
• Ensure compliance with internal accounting policies and external regulations, with a focus on maintaining sub-ledger integrity and accurate reconciliations.
• Identify and contribute to process improvement opportunities to enhance efficiency and support the team’s goal of achieving a five-day close.
• Monitor updates to accounting and auditing standards and assist with implementing necessary changes to maintain compliance.
• Assist with the preparation of audit deliverables and collaborate with external auditors during the annual audit process.
• Contribute to the preparation of financial reporting materials for internal and external stakeholders, including the Audit Committee.
• Assist with documenting key financial processes and controls, helping to maintain the accuracy and completeness of Porter’s internal control framework.
• Support internal control activities to ensure the integrity of financial reporting and compliance with regulatory standards.
• Assist with general ledger maintenance and restructuring activities, including those related to legal entity combinations or reorganizations.
• Prepare ad hoc financial reports and analyses to support management decision-making.
• Collaborate with the broader finance team and other departments to ensure complete and accurate financial reporting.
• Provide guidance and mentorship to junior team members, supporting a culture of accountability and continuous learning.
• Support the accounts payable function, ensuring timely and accurate processing in accordance with company policies.
• Actively participate in Porter’s Safety Management System (SMS) by identifying and reporting workplace hazards and promoting a safe work environment.
• Concern for Safety : Identifying hazardous or potentially hazardous situations and taking appropriate action to maintain a safe environment for self and others.
• Teamwork : Working collaboratively with others to achieve organizational goals.
• Passenger / Customer Service : Providing service excellence to internal and / or external customers (passengers).
• Initiative : Dealing with situations and issues proactively and persistently, seizing opportunities that arise.
• Results Focus : Focusing efforts on achieving high quality results consistent with the organization’s standards.
• Fostering Communication : Listening and communicating openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.

Qualifications

• Bachelor’s degree in Finance, Business, or a related discipline, combined with a CPA designation (near completion is accepted).
• A minimum of 3 years of financial accounting experience; experience in the airline industry or transportation sector is considered an asset.
• Experience in industry having assisted in a financial statement close process.
• Good technical accounting knowledge with a good understanding of Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and consolidated financial reporting.
• Advanced proficiency in Excel with strong foundational skills required.
• Good financial discipline, particularly in the areas of compliance.
• Highly organized, with a strong focus on accuracy, timeliness, and attention to detail.
• Excellent analytical skills, with a strong aptitude for reviewing financial information for accuracy and completeness.
• Proactive and solution-oriented mindset, with the ability to identify and implement process improvement initiatives to enhance operational efficiency and effectiveness.
• Outstanding interpersonal and communication skills, with the ability to present complex financial data effectively to stakeholders at all organizational levels.
• Team-oriented professional, capable of influencing and collaborating across multiple functions.
• Familiarity with large Enterprise Resource Planning (ERP) systems, API integrations, and other autonomous technologies.

Location

Toronto Downtown Office (250 Yonge Street)