Senior Financial Analyst

Job Description:

Here at Rakuten Kobo Inc. we offer a casual working start-up environment and a group of friendly and talented individuals. Our employees rank us highly in terms of commitment to work/life balance. We realize that for our people to be innovative, creative and passionate they need to feel valued and supported. We believe in rewarding all our employees with competitive salaries, performance based annual bonuses, stock options and training opportunities.
If you’re looking for a company that inspires passion, personal, and professional growth – join Kobo and come help us on our mission of making reading lives better.

The Role:

Rakuten Kobo Inc. is looking for a Senior Financial Analyst to join our Finance team reporting to the Senior Finance Manager, Content Operations. The Analyst is primarily responsible for overseeing Kobo's content sales results focusing on reporting and analyzing results. The incumbent will work closely with various internal and external stakeholders.

We're looking for someone who will thrive in a fast-paced innovative culture, navigate dynamic structures, and be focused on delivering results with an emphasis on process orientation. This person will be an integral part of our finance team, which makes the responsibilities crucial to the period-end accounting, reporting and payment processes.

Responsibilities:

Month-End

1. Prepare and post month-end journal entries and adjustments
2. Manage Kobo Plus month-end close processes
3. Lead review of content financial reporting for accuracy and completeness
4. Deliver performance insights by analyzing actual and forecasted financials to support data-driven decision-making

Reporting

1. Generate and distribute Kobo Writing Life reporting
2. Prepare Tolino reporting packages
3. Create and maintain gift card reporting
4. Prepare Kobo Plus reporting and present monthly performance results to internal stakeholders
5. Partner with Kobo Originals team to develop KPIs to drive profitability

Reconciliations

1. Ensure balance sheet reconciliations (Deferred revenue, Cash receivable & Accrued liabilities/receivables) are accurate, complete, and in compliance with accounting standards
2. Highlight financial risks as required
3. Drive continuous improvement in reconciliation processes to enhance efficiency, reducing manual effort and increasing focus on analytics and insights

Other

1. Content operations lead on external and internal financial audits
2. Act as subject matter expert on various areas of content business
3. Ensure accurate and timely payments to publishers
4. Oversee the resolution of failed payments to KWL authors, ensuring efficient processes across systems. Act as the primary liaison between the Accounts Payable team, the bank, SAP developers, and business stakeholders to streamline workflows and enhance payment operations
5. Lead development initiatives to enhance efficiency within SAP, including payments, approval workflows, reporting and controls. Continuously identify and implement process improvements to optimize system performance and business operations
6. Ad hoc requests and special projects

The Skillset:

Required:

1. Post-secondary degree in accounting, finance and or business administration
2. 3+ years relevant experience required
3. Must be organized to prioritize multiple tasks
4. A quick learner with complex processes and excel models
5. Must be diligent and reliable in order to meet tight deadlines
6. Ability to work through and develop complex processes with a focus on continuously looking for areas of improvement
7. Intermediate to Advanced proficiency in Microsoft Excel
8. Exceptional communication skills, both verbal and written
9. Proven ability to lead cross-functional projects and collaborate with teams across multiple departments

Nice to Haves:

1. Prior experience with SAP or similar ERP
2. Knowledge of SQL is an asset
3. Accounting designation

The Perks:

1. Flexible hours and hybrid remote working environment
2. Subsidized in-office lunches
3. Full benefits starting from your first day
4. Paid Volunteer days, unlimited sick days, and 3% RRSP matching
5. Monthly commuting allowance for those who are hybrid (3 days a week in-office)
6. Extended long weekends in the summer
7. Lifestyle spending account
8. Talent and development training budget
9. Free Kobo device + free weekly e-book or audiobook
10. Weekly Kobo Tech University sessions
11. Maternity/paternity leave top up
12. Dog friendly office

About Rakuten Kobo Inc.
Owned by Tokyo-based Rakuten and headquartered in Toronto, Rakuten Kobo Inc. is one of the most advanced global ecommerce companies, with the world’s most innovative e-reading services offering more than 6 million eBooks and audiobooks to 30 million + customers in 190 countries. Kobo delivers the best digital reading experience through creative innovation, award-winning e-readers, and top-ranking mobile apps. Kobo is a part of the Rakuten group of companies.

Rakuten Kobo Inc. is an equal opportunity employer. Accessibility accommodations for candidates with disabilities participating in the selection process are available on request. Any information received related to accommodation needs of applicants will be addressed confidentially.