The Financial Analyst is responsible for detailed financial analysis, and managing accounts payable/receivable. By utilizes expertise in financial modeling to optimize cash flow, ensure compliance, and provide insights for organizational success.
Essential Duties and Responsibilities:
• Complete month end and year end reporting as required by our corporate finance team
• Complete in-depth analysis of financial data, including income statements, balance sheets, and cash flow statements, to provide actionable insights and recommendations.
• Manage accounts payable processes, including invoice processing, vendor management, and payment scheduling, ensuring accuracy and adherence to payment terms.
• Perform day-to-day bookkeeping activities, such as recording transactions, reconciling bank statements and intercompany reconciliations.
• Manage accounts receivables (sales and service orders, invoicing, and first line collections)
• Prepare financial reports, forecasts and budgets, utilizing financial modeling to support strategic decision making and operational planning.
• Collaborate with corporate finance team, business unit leads and other stakeholders to analyze budget variances, identify trends and recommend corrective actions.
• Collaborate with various departments to develop and manage budgets for automation projects.
• Support financial audits by providing documentation, conduct reconciliations to ensure compliance with internal and external regulation.
• Above duties to be performed in a timely manner and in an ISO 9001 environment
• Required to work in a safe and efficient manner in accordance with company Health and Safety, and other policies
Position Requirements:
• Strong understanding of financial principles, accounting practices and financial analyses techniques
• Experience with AP and AR
• Knowledge of regulatory standards and requirements
• Financial modeling, forecasting and budgeting experience
• Strong competence using Microsoft Office and an MRP/ERP system
• Advanced analytical skills
• Attention to detail,
• Demonstrated ability to maintain confidentiality and integrity in handling sensitive information
• Able to work independently as well as part of a team
• Excellent written and verbal communication skills in the English language
Autonomy and Authority:
• Will operate within established guidelines, policies and procedures
• Difficult, complex or unusual situations are usually referred to manager
• Prioritizing of work is typically self-directed
• Position does not require the direct supervision of others
Education and Experience:
• Post Secondary Education in finance, accounting or a related field
• At least 2 years experience working in a similar role
Special Requirements (physical demands and work environment):
• Ability to sit at computer workstation and perform data entry functions for an extended period of time
LI-UTT
