The Financial Accountant contributes to a variety of accounting functions: Management and Financial Reporting, General Accounting, Tax Compliance, Employer Billing and Receivables Management, Treasury and Cash Management, Financial Planning and Analysis, and Financial Processes and Internal Controls. The work of the Financial Accountant supports the decision makers throughout ASEBP, including employers, by ensuring they are provided with timely, accurate, and relevant financial reporting and analysis used to support their decisions. To enable reliability of the information provided to decision makers, Financial Accountants also ensure the integrity of the underlying journal entry inputs, financial system and reports.
Financial Accountants work to ensure compliance with external accounting standards and tax requirements and promote the ongoing sustainability of ASEBP through their treasury and cash management, and financial planning activities.
Your Key Responsibilities
Management and Financial Reporting
- Prepare regular management reporting including conducting variance analysis.
- Collaborate with colleagues across the organization to support content of management reports.
- Prepare ad hoc requests for financial information and analysis to support decision making across ASEBP.
- Prepare IFRS compliant annual external financial statements and notes.
- Prepare audit packages, communicate with external auditors, and coordinate audit activities throughout ASEBP.
- Create customized reports within financial reporting software.
- Prepare complex period end journal entries, working papers, and reconciliations.
- Review entries and underlying support prepared by other departments and peers within Financial Reporting Services.
- Research and ensure accounting for new transactions is compliant with accounting standards (IFRS) and prepare accounting memos.
- Analyze alternatives for accounting for new events to facilitate ease of future reporting.
- Act as point of contact for key vendors to resolve invoicing issues.
- Support PMO in project accounting.
- Understand and recommend configuration of Finance system, performing testing in upgrades and implementations.
- Coordinate T3 completion and US Tax return completion with tax advisor and preparing required materials.
- Work with tax advisors on ad hoc tax compliance matters as they arise.
Employer Billing and Receivables Management
- Review monthly invoices for accuracy and upload to ESP.
- Troubleshoot issues with billing integrations.
- Update billing system to reflect premium rate setting changes.
- Analyze and test impacts of upstream process changes on billing, including annual plan design changes.
- Respond to employer questions on billing processes and invoices.
- Monitor employer accounts receivable balances and pursuing unpaid amounts.
- Prepare complex reconciliations of employer invoices and remittances, to support data corrections by Plan Administration.
- Complete mid-month and month-end exception reporting.
- Cash forecasting to ensure going cash needs of ASEBP are met.
Financial Processes and Internal Controls
- Identifying financial control weaknesses, recommending and implementing financial controls, and diligently executing key financial controls
- Maintaining and updating documentation on financial procedures, processes, and policy
- Recommending and implementing changes to financial processes to improve efficiency and effectiveness.
Assigned Initiatives and Projects
- Annual completion of assigned initiatives in area of work focus to drive innovation and improvements within department. This may include leading projects within the department.
- Participate in organizational committees and projects as representatives of Finance.
Your Education and Experience
- Completion of a university degree and a Chartered Professional Accountant (CPA) designation.
- Three to five years of related experience.
A combination of education and experience may be considered.
- Strong foundation of knowledge in principles and practices of accounting, financial reporting, , internal controls, and financial processes.
- Strong foundation of technical skills related to financial statement preparation, supporting working paper preparation, and year-end audit file preparation.
- Experience with reporting under IFRS.
- Demonstrated experience in identifying process improvements and developing, recommending, and implementing solutions.
- Demonstrated ability to develop and maintain strong working relationships with peers, leaders and other staff within an organization.
- Strong foundation of experience in working within financial systems, and ability to learn new software applications.
- Intermediate to advanced level of expertise in Microsoft Excel as an analytical tool.
- Strong analytical, problem solving and decision-making skills.
- Strong communication skills, both oral and written, for a variety of audiences.
- Strong time management and organization skills.
- Benefits and/or insurance experience considered an asset.
- Experience with PowerBI, Vena, and Microsoft Dynamics GP (Great Plains) considered an asset.
- Experience in public practice is considered an asset.
This position is eligible to participate in the hybrid workforce program.
If you have the required qualifications and would like to become a member of our team, please submit your resume by 4PM on Wednesday, November 30.
No phone calls please. We thank all interested individuals, but only those candidates being considered for an interview will be contacted. ASEBP is an equal opportunity employer.
All offers of employment for this position are conditional upon satisfactory background and reference checks, which may include a criminal record check, credit check, and/or education and employment verification.