Senior Accountant

Job Summary:

We are currently seeking a dynamic, self-motivated, CPA designated Senior Accountant to support the day-to-day accounting function. The Senior Accountant is responsible for overseeing and managing the monthly financial reporting process, creating and maintaining an accrual accounting system, preparing accurate financial statements, handling intercompany transactions, and contributing to budgeting and forecasting efforts. This role requires a strong understanding of Canadian accounting principles and excellent analytical skills to ensure the financial health of the organization.

Key Responsibilities:

Monthly Reporting and Financial Reporting:

Prepare and review monthly financial reports, ensuring accuracy and compliance with Canadian GAAP.

Analyze financial data and variances, providing detailed explanations and insights to management.

Coordinate with various departments to gather necessary information for financial reporting.

Prepare detailed cash flow reports with 30/60/90-day forecasts.

Generate market segments reports for each reporting unit.

Calculate EBITDA and net income while tracking trends.

Support financial planning and management for grants, bursaries, and requests for proposals (RFPs)

Accrual Accounting System:

Develop and implement an accrual accounting system to accurately record revenues and expenses.

Maintain and update accrual schedules, ensuring timely recognition of financial transactions.

Monitor and reconcile accrual accounts to ensure accuracy and completeness.

Financial Statements Preparation:

Prepare and review monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.

Ensure financial statements are accurate, timely, and in compliance with regulatory requirements and company policies.

Assist with the preparation of consolidated financial statements for multiple entities.

Intercompany Transactions:

Manage and reconcile intercompany transactions, ensuring accurate recording and reporting.

Coordinate with various entities to resolve discrepancies and ensure proper documentation.

Prepare and review intercompany balance reconciliations and eliminations.

Budgeting and Forecasting:

Assist in the development of annual budgets and financial forecasts.

Monitor actual performance against budgets and forecasts, providing variance analysis and explanations.

Support strategic planning initiatives by providing financial insights and projections.

General Accounting and Compliance:

Oversee general ledger activities, including journal entries, account reconciliations, and month-end close processes.

Ensure compliance with internal controls, company policies, lender financial covenants, and regulatory requirements.

Assist with external audits, providing necessary documentation and explanations.

Qualifications:

Education:

Bachelor’s degree in Accounting, Finance, or a related field.

CPA certification.

Experience:

Minimum of 5 years of experience in accounting or finance, with a focus on financial reporting and analysis.

Experience with intercompany transactions and consolidated financial statements is preferred.

Skills:

Strong knowledge of Canadian GAAP and accrual accounting principles.

Proficiency in accounting software (e.g., QuickBooks).

Advanced Excel skills and familiarity with data analysis tools.

Excellent analytical, problem-solving, and decision-making abilities.

Strong attention to detail and organizational skills.

Effective communication and interpersonal skills.

Ability to work independently and as part of a team.

Application Process:

To apply for the Senior Accountant position, please submit your resume to Click to view

The Foreign Venture Group is an equal opportunity employer. We are committed to creating a diverse and inclusive workplace where all employees feel valued, respected, and supported. We believe that our differences make us stronger and drive our success.