Senior Financial Analyst (FA 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

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.