Senior Financial Analyst

Canadian Tire; Toronto; On-site; CAD 88,336 - 146,307; Full time

Benefits offered by this job

Performance incentives

Continuing education programs

Mental health benefits up to $5,000

Product discounts

Profit sharing

Job summary

A leading retail and automotive firm in Toronto is seeking a Senior Financial Analyst to provide insights into real estate projects and financial results. The role entails reporting on financial variances, preparing journal entries, and ensuring compliance with IFRS while collaborating with various departments. Candidates should possess a degree in Accounting or Finance, a CPA designation, and experience at a Senior Accountant level. The position offers a competitive compensation package including benefits and performance incentives.

Qualifications

• Experience in a medium/large company at a Senior Accountant level with complex accounting models.
• Able to determine appropriate treatment of financial transactions in accordance with IFRS.
• Familiarity with internal and external audit processes.

Responsibilities

• Report on functional results, analyze variances year over year and to budget.
• Prepare journal entries and account reconciliations for financial reporting.
• Ensure proper accounting for new leases and lease amendments.

Skills

Problem solving

Analytical skills

Communication skills

Microsoft Excel

Time management

Detail oriented

Education

University degree in Accounting or Finance

CPA designation

Tools

PeopleSoft accounting system

Hyperion Financial Management (HFM)

Smart View

Job description

Reporting to the Manager, Real Estate Accounting, this position provides a unique insight into real estate projects, contracts and financial results. The Senior Financial Analyst, Real Estate Accounting is an essential part of the Canadian Tire Accounting group and requires that real estate initiatives are identified and accounted for appropriately. Technical expertise and analytical skills are critical for success, as is the ability to communicate and collaborate with others.

What you’ll do

• Report on functional results, including analysis of significant variances year over year and compared to budget/forecast
• Prepare and review journal entries and account reconciliations as part of the monthly financial reporting and review process
• Annual impairment testing of assets, including goodwill across all entities
• Capital vs OPEX decisions, project start and end dates, asset set ups and the appropriate amortization periods, changes in Real Estate asset classifications and recording of gains/losses
• Ensuring development projects are set up and tracked appropriately and transferred to asset management on completion
• Reviewing and establishing the appropriate accounting for new leases and lease amendments – both as a lessor and lessee
• Quarterly reporting requirements for corporate accounting
• Technical accounting analysis as required
• Effectively manage communications and relationships with business partners, corporate accounting, tax, FP&A as well as internal and external auditors
• Various ad-hoc projects in response to business scenarios and initiatives
• Run multiple tasks simultaneously and independently with minimal supervision
• Work with the accounting and business teams to continuously improve processes and look for efficiencies
• Execute and maintain documentation of controls
• Coach and aid in the development of team members

What you bring

• University degree in Accounting or Finance
• CPA designation required
• Experience in a medium/large company at a Senior Accountant level working with complex accounting models
• Able to determine appropriate treatment of financial transactions in accordance with IFRS
• Strong problem solving, analytical and strategic thinking skills
• Strong interpersonal and communication skills with a demonstrated ability to build and maintain strong relationships
• Ability to thrive in an environment responsive to changing business requirements
• Detail oriented with strong diagnostic and analytical skills
• Highly driven with a strong work ethic, time management and organization skills
• Advanced PC skills including Microsoft suite (Excel, Word, PowerPoint)
• Familiarity with internal and external audit processes
• Working knowledge of PeopleSoft accounting system, Hyperion Financial Management (HFM) and Smart View is an asset

Compensation & Benefits

Our typical hiring range is between $64,000.00 and $106,000.00 per annum. We offer comprehensive benefits and retirement programs, performance incentives, continuing education programs, mental health benefits of $5,000 per year, product discounts, Canadian Tire Profit Sharing, and career growth opportunities.

University degree in Accounting or Finance; CPA designation required; experience at Senior Accountant level in a medium/large company; IFRS proficiency; advanced Microsoft Office skills; familiarity with audit processes