Senior Financial Analyst - 6-month contract
- Mississauga, ON, Canada
Full-time
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Job details
- Job type
- Full-time
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- Posting language
- English
- Posted
Original job description
Senior Financial Analyst – Equipment Accounting
Six-month temporary position with potential to become full-time
Reports to: Controller
Summary
The Senior Financial Analyst supports the accuracy and readiness of the equipment division’s financial records. This role focuses on daily reconciliations, percentage-of-completion accounting for equipment projects, and the schedules and analysis needed for a timely year-end close and audit. The analyst will work closely with Finance, project teams, and Operations to resolve discrepancies, maintain reliable project forecasts, and identify issues before month-end.
What You’ll Do
Daily accounting and reconciliations
Six-month temporary position with potential to become full-time
Reports to: Controller
Summary
The Senior Financial Analyst supports the accuracy and readiness of the equipment division’s financial records. This role focuses on daily reconciliations, percentage-of-completion accounting for equipment projects, and the schedules and analysis needed for a timely year-end close and audit. The analyst will work closely with Finance, project teams, and Operations to resolve discrepancies, maintain reliable project forecasts, and identify issues before month-end.
What You’ll Do
Daily accounting and reconciliations
- Reconcile assigned general ledger, subledger, intercompany, and equipment project accounts on a regular basis; investigate and clear discrepancies promptly.
- Monitor project costs, billings, customer deposits, holdbacks, work in progress, and unbilled or deferred amounts to ensure they are recorded in the correct project and period.
- Review transactions for coding, completeness, and cutoff, and prepare correcting journal entries where required.
- Maintain reconciliation trackers, document outstanding items, and follow through with account owners to resolve them.
- Work with Operations and project teams to confirm project status, delivery milestones, costs incurred, and remaining work.
- Maintain project accounting schedules, including contract value, approved changes, costs incurred, estimated costs to complete, forecast margin, billings, and revenue recognized.
- Calculate and support percentage-of-completion revenue and cost recognition in accordance with the company’s accounting policies.
- Review changes in estimated project costs and margins, investigate significant variances, and escalate potential project losses or other accounting issues.
- Reconcile project schedules to the general ledger and ensure consistent treatment of deposits, holdbacks, accrued revenue, and billings.
- Coordinate with the Service team to identify startup or commissioning work transferred from Equipment, confirm the remaining cost and completion responsibilities, and support the related accounting.
- Improve the completeness and consistency of project files, estimates, and supporting documentation.
- Prepare and post journal entries, accruals, and account reconciliations within the close timetable.
- Prepare balance sheet schedules and supporting analysis for assigned equipment accounts.
- Review open projects and aged reconciling items before year-end, and drive resolution with the relevant teams.
- Prepare clear audit-ready working papers for project revenue, work in progress, deposits, holdbacks, fixed assets, and other assigned balances.
- Respond to audit requests, assemble supporting documentation, and help resolve questions and proposed adjustments.
- Identify gaps in accounting support or processes and recommend practical improvements to strengthen the year-end close.
- Bachelor’s degree in accounting, finance, or a related field.
- CPA designation or progress toward a CPA designation is preferred.
- At least three years of progressive accounting experience, including hands-on reconciliations and month-end close.
- Experience with project accounting, job costing, work in progress, or percentage-of-completion accounting is strongly preferred.
- Experience in an equipment, construction, field service, or multi-branch business is an asset.
- Strong Excel skills and the ability to build and maintain accurate, well-supported schedules.
- ERP experience; Microsoft Dynamics 365 experience is an asset.
- Sound judgment, attention to detail, and the ability to investigate discrepancies through to resolution.
- Ability to work with Finance and Operations, explain financial issues clearly, and meet close and audit deadlines.
- Six-month temporary assignment with potential for a full-time opportunity based on business needs and performance.
- Occasional overtime may be required during month-end, year-end, and audit periods.
- Work is primarily performed using a computer, with regular collaboration across Finance and Operations.
More about this job
Responsibilities
Reconcile general ledger, intercompany, and equipment project accounts; maintain project accounting schedules; and support percentage-of-completion revenue recognition, forecasting, and issue resolution. Prepare close entries, balance sheet schedules, and audit-ready working papers, while coordinating with Finance, Operations, project teams, and auditors to resolve discrepancies and improve processes.
Requirements
A bachelor’s degree in accounting, finance, or a related field and at least three years of progressive accounting experience, including reconciliations and month-end close, are required. Project accounting or percentage-of-completion experience is strongly preferred, along with strong Excel and ERP skills; CPA designation or progress toward one and Microsoft Dynamics 365 experience are preferred or advantageous.
Skills
- Account Reconciliation
- General Ledger Accounting
- Project Accounting
- Percentage-of-Completion Accounting
- Job Costing
- Work-in-Progress Accounting
- Revenue Recognition
- Journal Entries
- Month-End Close
- Year-End Close
- Audit Preparation
- Financial Analysis
- Cost Forecasting
- Variance Analysis
- Excel
- ERP Systems
Visa sponsorship
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Categories
- Finance & Accounting
- Data & Analytics
- Manufacturing
Keywords
- Equipment Accounting
- General Ledger
- Subledger
- Intercompany Reconciliation
- Project Accounting
- Percentage-of-Completion Accounting
- Job Costing
- Work in Progress
- Revenue Recognition
- Customer Deposits
- Holdbacks
- Unbilled Revenue
- Deferred Revenue
- Journal Entries
- Accruals
- Month-End Close
- Year-End Close
- Audit Working Papers
- Balance Sheet Schedules
- Project Forecasting
- Forecast Margin
- Cost-to-Complete Estimates
- Variance Analysis
- Fixed Assets
- Excel
- ERP
- Microsoft Dynamics 365
- CPA