Senior Financial Analyst

Rife Resources Ltd. is a private oil and gas exploration and production company, wholly-owned by the CN Pension Trust Funds (pension fund for employees of the Canadian National Railway). Rife has interests in approximately 414,000 acres of land in Western Canada. Rife’s current production is approximately 5,000 boe/d with operational focus on heavy oil in the greater Lloydminster area. Rife also manages the assets of Canpar Holdings Ltd. and Freehold Royalties Ltd.

Canpar Holdings Ltd. is a private land holdings company, wholly-owned by the CN Pension Trust Funds. Canpar generates income through resource development royalties on approximately 4.1 million gross acres of mineral title lands in Western Canada.

Freehold Royalties Ltd. is a public mineral title and royalty company with oil and gas properties across five provinces in Canada and eight states in the United States. In 2023, Freehold generated 14,500 - 15,000 boe/d of royalty production from over 6 million gross acres of mineral title and gross overriding royalty lands in Canada and over 1 million gross drilling acres in the United States. Freehold is focused on providing investors with low risk returns and growth over the long term by acquiring and creating new high-quality royalties. (TSX: FRU)

Senior Financial Analyst

Rife is seeking candidates for the position of Senior Financial Analyst.  This position reports to the Assistant Controller and plays a crucial role in ensuring accurate financial reporting and compliance with accounting standards. This role will provide accounting services for Rife and Canpar reporting under ASPE, and for Freehold reporting under IFRS.

Duties and Responsibilities

• Prepare quarterly and annual financial statements, including note disclosures;
• Assist in the preparation of quarterly & annual management discussion and analysis (MD&A);
• Prepare analysis and record journal entries for complex accounting areas including depletion, share based compensation, ceiling test analysis, analysis for impairment indicators, mark-to-market and realized gains or losses on financial derivatives, decommissioning obligations, capitalized G&A, etc;
• Research complex accounting issues and support implementation of new accounting standards including the preparation of accounting memos;
• Prepare corporate tax provisions and assist with tax compliance filings;
• Prepare and analyze monthly management reporting packages;
• Manage and reconcile intercompany balances;
• Review and posting journal entries of junior staff;
• Lead internal controls testing process;
• Act as primary liaison with external auditors;
• Support ad-hoc reporting;
• Contribute to other regulatory filings including the Annual Information Form and Management Information Circular;

Required Characteristics, Attributes and Skills

• Strong analytical and problem-solving skills;
• Strong attention to detail and accuracy;
• Emphasis on continuous improvement and process improvement;
• Strong technical accounting knowledge;
• Excellent written and oral communications skills;
• Flexibility to adapt to changing priorities and work in a fast-paced environment;
• Ability to collaborate with cross-functional teams and work effectively in a team environment; and
• Adherence to ethical standards and integrity in handling sensitive financial information.

Qualifications

• Bachelor’s degree in accounting or finance is required;
• CPA designation is required;
• A minimum of 5 years financial reporting or audit experience, preferably in the energy industry is required;
• Advanced knowledge of Microsoft Office suite; and
• Experience with QByte and PowerBI would be an asset.

Additional Requirements/Information:

All applicants must be legally entitled to work in Canada at the time of application.

Additional Working Conditions:

Hybrid Work Program Information - We understand the way we do our work has changed and our employees are looking for flexibility with a blend of in-office and remote work.? Rife currently has a hybrid work program in place allowing us to live, learn and adapt in a way that works for our business and our employees.

What does our hybrid work program look like?

• Combination of in-office and remote work: Tuesday, Wednesday, Thursday are core in-office workdays, Monday and Friday in-office or remote based on your preference
• Flexible work hours, while committing to being available during our core hours of 9:00am – 3:00pm

If you choose to participate in the hybrid work program, you will:

• Be provided with a Rife computer or laptop when working in the office
• Require access to a personal computer when working from home

Benefits:

• Comprehensive Group Benefits program
• Health and Wellness spending account
• Employee & Family Assistance Program
• Pension plan
• Flex day program
• Hybrid work program

Equity, Inclusion and Diversity

Committed to attracting and retaining diverse employees, Rife Resources will honor your experiences, perspectives, and unique identity. Together, we strive to create and maintain a working environment that is welcoming and promotes diversity of thought, inclusivity, and equity.

We thank all applicants; however, only those selected for an interview will be contacted.

Please visit our careers page to see more job opportunities.