Financial Analyst III

SUMMARY

The Senior Financial Analyst provides complex transactional support for a process within a full accounting cycle and is involved in full accounting cycle for a client contract (s) or business unit(s). At this level, the incumbent typically supports multiple portfolios and complex transactions.

KEY DUTIES & RESPONSIBILITIES

Month End Close

• Review project revenue/gross margins & unbilled backlog analysis with the finance/operational leaders for month end review.

• Prepare the revenue recognition entries (using percentage of completion revenue recognition) with supporting

documents/calculations as required.

• Conduct project financial close out and reconciliation.

• Record journal entries, and maintain and reconcile general ledger to the job cost and other sub ledgers.

• Answering internal and external financial inquiries as it relates to the specific client account.

• Perform timely month end close and ensure recording all pertinent transactions including project /labour / various monthly accruals.

• Ensure / investigate Accounts Receivable collection, and explanation for overdue balances.

• Prepare monthly reports for specific client accounts.

Financial Planning & Analysis Support

• Conduct detailed profitability analysis of variances between planned, forecasted, and actual figures

• Assistance in conducting accurate and complete forecasting of revenue and margins by project

• Provide support for process improvement initiatives

• Provide support for job costing and pricing

• Prepare other ad hoc reports for management as required

• Understand GAAP requirements, particularly around revenue recognition

• Understand basic interactions between financial systems related to the portfolio supported

KNOWLEDGE & SKILLS REQUIRED

• 3-6 years of progressive experience in public accounting or industry roles

• University graduation or professional certification (e.g. P. Eng, CMA, CGA or equivalent courses)

• Ability to communicate basic accounting principles to support procedures and to explain financial results within the team and to internal customers.

• Ability to complete and resolve assigned complex account reconciliation which sees the highest transaction volume or deal with multiple portfolios or business units.

• Ability to reconcile and resolve discrepancies between general ledger and sub ledger.

• Ability to identify and provide recommendations for issues and process improvement opportunities at account and business unit level following GAAP procedures.

• In-depth understanding of audit requirements within scope of responsibility.

• Ability to provide input to process documentations and business cases; write variance explanations, summaries of findings and recommendations.

• Advanced level knowledge of current accounting systems and MS Office suite of software

• Understanding of more complex accounting issues like revenue recognition (% completion/project accounting)

• Excellent analytical abilities, including advanced Excel skills to assist with financial modeling (pivot tables, vlookup, etc.)

• Ability to operate in high growth environments with an view of implementing more standard processes and best practices

• Strong process improvement and/or implementation experience

• Detail oriented, self-starter with strong interpersonal, and communication skills

• Proactive and good problem solving skills

Licenses and/or Professional Accreditation

Completed an Accounting designation program (CGA, CMA, CPA)

This is a regular, full-time position with a salary range of $75,440 - $95,000 per annum. The starting salary will be based on the successful candidate’s competencies, including but not limited to experience, education, professional designations and performance related to this role.

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