Treasury Accountant - Challenger (Cambridge)

Fastfrate Group; Cambridge; On-site; CAD 45,000 - 55,000; Full time

Job summary

Fastfrate Group in Cambridge, ON is seeking a Treasury Accountant to maintain cash flow reporting, forecasts, and liquidity analysis to support management and long-term financial sustainability. The role also maintains records for long-term debt, leases, and financing transactions.

The role requires collaboration with Finance teams to monitor borrowing availability, prepare forecasts, and respond to audit inquiries. It is an on-site position with standard hours.

Qualifications

• Degree or diploma in finance or accounting required.
• 2–3 years of relevant work experience.
• Proficient MS Excel and MS Office tools.

Responsibilities

• Review and back-up the daily AR roll-forward.
• Review bank reconciliations and journal entries.
• Prepare and update extended spending, receipts and billing forecasts.
• Verify and pay payroll taxes.
• Communicate with internal staff on bank discrepancies.
• Review monthly borrowing base certificates and discuss with Director of Finance.
• Present accurate forecasts to the Director of Finance.
• Act as a liaison to the bank for banking issues.

Skills

Attention to detail

Time management

Communication skills

Analytical thinking

Team collaboration

Education

College diploma or university degree in Finance or Accounting

Tools

MS Excel

MS Office

Job description

Role Summary:

The Treasury Accountant is responsible for maintaining accurate cash flow reporting and forecasts for company management and analyzing our liquidity to calculate our borrowing availability in a timely fashion to ensure long-term financial sustainability. To maintain accurate accounting records related to the organization’s long-term debt, capital leases and operating leases.

Hours of Work:

Monday to Friday, 8:00am–4:30pm

Work Arrangement:

On-site

Position Type:

Non-Union

Employment Status:

Permanent

Compensation:

Salary Range: $45,000 - $55,000

Work Location & Environment:

300 Maple Grove Road, Cambridge ON; Office environment

Key Accountabilities:

• Review and be a back-up for the daily AR Roll-Forward by the Treasury Administrator
• Review bank reconciliations and journal entries completed by the Treasury Administrator
• Review daily spending forecast and drawdown by Treasury Administrator and assist with any issues as necessary
• Prepare and update extended spending, receipts and billing forecasts for budget and ongoing planning
• Verify and pay payroll taxes completed by the Treasury Administrator
• Regular communication with internal staff including A/r, A/P, Accounting, and Payroll on bank discrepancies and outstanding items
• Review and analyze the monthly borrowing base certificate (mid-month). Be a back-up to the Treasury Administrator and review certificate with the Director of Finance
• Present accurate forecasts to the Director of Finance and notify of any significant changes
• Review and analyze general ledger accounts related to Accounts Receivable and reserves
• Maintain tracking records for Debt and Leases
• Bookkeeping for CJT Investments
• Respond to audit inquiries as required in a timely manner regarding all cash/bank related issues
• Calculate and allocate our line of credit monthly interest to their respective entities based on monthly activity
• Act as a liaison to the bank for a variety of banking issues
• Various other banking tasks and projects as required

Qualifications:

• College diploma or university degree in Finance, Accounting or related field
• 2-3 years of relevant working experience
• Intermediate to advanced MS Excel skills,
• Working knowledge of MS Office suite of products and strong computer skills

Skills and Abilities:

• Strong attention to detail and organizational skills
• Good communications skills (written and verbal)
• Strong interpersonal skills
• Excellent time management skills with the ability to handle multiple high-priority tasks
• Ability to recognize patterns and analyze large sets of historical data to continuously improve forecasting tools
• Strong self-discipline and initiative
• Creative and effective problem-solving ability
• Ability to work with minimal supervision