- Location
- 8235 Wagner Road, NW, Edmonton
- Starts
- Closes
- Job Industry
- Construction, Other
- CPA Status
- CPA Candidate
Position Summary
The Financial Analyst plays a critical part in supporting the financial reporting process by ensuring compliance with audit requirements and facilitating the preparation and execution of external audits. This individual must demonstrate strong analytical skills and possess a solid understanding of financial reporting standards in accordance with GAAP. Additionally, the Financial Analyst will collaborate across various teams to meet audit and financial reporting deadlines.
Key Responsibilities
1. Full-cycle Accounting
- Calculate and record various journal entries.
- Complete monthly account reconciliations such as payroll liabilities, prepaids, accounts receivables, as well as various other balance sheet accounts.
- Create and maintain fixed assets listings for all company assets in compliance with company policies and GAAP.
- Demonstrate comprehensive expertise in inventory accounting and processes, including cost tracking, valuation methods, and inventory control procedures.
- Prepare/assist with telecommunications reporting (monthly/yearly), bank margining report (monthly), and cash flow forecasting and budgeting (as required).
- Support the month-end and year-end close processes, ensuring all journal entries and adjustments are completed in a timely manner.
2. Audit Preparation and Support
- Collaborate with external auditors during annual and interim audits, acting as the secondary point of contact for audit requests.
- Prepare and organize detailed audit schedules, account continuity working papers, and supporting documentation to meet audit standards.
- Review internal controls and provide recommendations for improvements to align with audit standards.
- Assist in identifying and addressing any potential audit findings or deficiencies.
3. Financial Reporting
- Assist/prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in accordance with GAAP/IFRS.
- Assist with the preparation of pro forma statements (income statement, balance sheet) and financial forecasts/budgets, as required.
- Comparison of budget vs. actual and to the prior year for the same reporting period with explanations on significant variances.
- Assist/prepare internal financial statements and provide to external accountants for tax preparation.
4. Collaboration and Communication
- Work closely with accounting, operations, and other departments to gather necessary information for audits and financial reporting.
- Assist in implementing process improvements to enhance data accuracy and streamline reporting.
- Provide regular updates to management on audit progress and potential challenges.
5. Compliance and Documentation
- Maintain thorough and accurate documentation of financial processes and policies to ensure compliance with audit standards.
- Stay updated on changes to accounting and audit regulations and advise management on potential impacts.
- Other duties as required.
Qualifications
Education
- Bachelor’s degree in Finance, Accounting, or a related field.
- Actively working towards a CPA designation.
- Minimum of 3 years of experience in a financial analyst role, preferably in a company subject to external audits.
Knowledge, Skills and Abilities
- Strong understanding of GAAP/IFRS, internal controls, and external audit processes.
- Proficiency in MS Office 365.
- Experience with ERP systems and QuickBooks is considered an asset.
- Excellent analytical and problem-solving skills, with strong attention to detail.
- Strong written and verbal communication skills, with the ability to explain financial information to non-financial stakeholders.
Personal Attributes
- Highly organized and capable of managing multiple priorities in a fast-paced environment.
- Proactive, self-motivated, and able to work both independently and as part of a team.
- Strong ethical standards and commitment to confidentiality.