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Financial Analyst, Fixed Assets

Etobicoke, Ontario · Accounting/Finance

ABOUT THE ROLE

  • The successful candidate will be responsible for fixed asset finance and project accounting which includes accounting, analysis, compliance, controls, administration and stakeholder support
  • Fixed assets balance is greater than $350M, and $25M in active projects – construction in progress
  • The role is fast-paced and highly visible, providing interaction with a large volume of stakeholders within the organization
  • The organization is constantly changing and improving, resulting in a fast pace and dynamic environment, providing a versatile and continuous learning opportunity

KEY RESPONSIBILITIES

  • Maintain accurate and complete fixed asset subledger in accordance with IFRS and company policies
  • Lead meetings with project managers to understand the nature and status of the project to ensure timely capitalization and deprecation
  • Administer the Authorization for Expenditure (AFE) tool, used for fixed asset approvals and serves as a key control
  • Provide IFRS and company policy guidance on capitalization eligibility for new projects launched by associates
  • Monitor active projects and coordinate with initiators to ensure timely closure, capitalization and depreciation; requires ability to build strong relationships and constant contact
  •    Preparation of journal entries, account reconciliations, and other schedules as needed to support the business
  •    Preparation of quarterly and annual reporting deliverables, internal control testing and impairment testing
  •    Coordinate with outsourced services team on time with the highest level of accuracy and completeness
  •    Advance fixed asset policies and controls
  • Scrutinize and validate fixed asset activity: additions, disposals, sale, scrap and transfers. Review against policies and required approvals
  • Improve current processes, reporting and analysis through innovation – strong opportunity to advance efficiency and effectiveness
  • Support Finance Manager on additional tasks as required

PREFERRED HIRING CRITERIA

  • 1-3 years post undergraduate experience with CPA designation or actively pursuing CPA designation
  • A self-starter with excellent communication skills
  • IFRS experience preferred – specifically capitalization criteria for tangible and intangible assets
  • Advanced excel
  • Ability to multi-task, prioritize tasks and work under tight deadlines
  • Enjoy working in a fast paced, changing environment
  • Possess strong interpersonal and organizational skills
  • Oracle experience is an asset
 
 
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