Senior Financial Reporting Analyst

Senior Financial Reporting Analyst

14 Oct
|
Vancouver Fraser Port Authority
|
Vancouver

14 Oct

Vancouver Fraser Port Authority

Vancouver

JOIN US IN CHARTING A COURSE TO A MORE SUSTAINABLE FUTURE

Join an organization that plays a critical role in Canada’s economy. At the Vancouver Fraser Port Authority, we focus on doing the incredible work it takes to become the world’s most sustainable port.

The Vancouver Fraser Port Authority is responsible for the stewardship of the Port of Vancouver, Canada’s largest and most diversified port. Our mandate as a Canada Port Authority, as set out by the Canada Marine Act, is to enable Canada’s trade objectives, ensuring goods are moved safely and responsibly through the Port of Vancouver. That means providing infrastructure and ensuring the safe and efficient movement of marine traffic and cargo within the port.





It also means we carry out reviews of proposed activities and developments on federal port lands and waters to determine whether a project can go ahead without impacts to the environment and community that cannot be mitigated.

We are committed to diversity, inclusion, and sustainability. We believe in creating a workplace that reflects the richness of our community and empowers all employees to reach their full potential.

The Senior Financial Reporting Analyst is a key member of the accounting team responsible for financial reporting and analysis. This role takes the initiative to learn and have a solutions-oriented mindset. The primary focus entails preparing the organization's monthly internal financial reporting packages, preparing quarterly/annual external reporting materials, performing technical accounting research and providing recommendations; and preparing ad-hoc accounting analysis and recommendations on a variety of topics to effectively support decision-making.





This includes being accountable for the financial close process, maintenance of the organization’s accounting policies, researching accounting treatments and ensuring that all transactions are recorded completely and accurately in accordance with International Financial Reporting Standards (“IFRS”). This position will collaborate with other business partners, compile supporting documentation, and ensure accurate and timely reporting of financial results.

What you do:

- Research accounting treatment or issues and provide analysis and accounting guidance or recommendation to operating departments and programs to ensure transactions are appropriately accounted for in the financial results and in compliance with IFRS.






- Review consolidated financial information from team members and conduct in-depth analysis to identify and evaluate variances or inaccuracies which may result in financial reporting and audit risks. Actively address underlying variances which may include but are not limited to, investigating issues, correcting errors, or explaining anomalies in the financial statements.
- Provide timely month-over-month, year-to-date actual to budget variance analysis on the financial results to ensure accuracy, completeness and reasonableness of financial records, support the users of financial statements for decision making, perform variance investigations, formulate follow-up action plans, and provide commentary as required.






- Present financial results and variance analysis to the accounting team and support the preparation of materials for Audit Committee and Board of Directors meetings.
- Take initiative, lead, coordinate, propose, and implement work process improvements for financial reporting to enable efficiency and effectiveness.
- Responsible for completing the full set of consolidated and subsidiaries’ financial statements and note disclosures in compliance with IFRS and accounting policies for audits, including creating and/or updating financial statements presentation and disclosure language and working papers.
- Prepare accounting memos and accounting policies to reflect IFRS changes, new standards implementation, and/or new accounting issues, including the accounting treatment for new business activities and projects.






- Maintain accuracy of the capital assets ledger through the capital asset life cycle which can include project submission review, capital code set-up, asset creation, depreciation, and disposal.
- Complete period-end financial reporting packages including all supporting documentation to management for review and approval.
- Perform the monthly close process and general ledger accounting functions to ensure timely financial reporting including regulatory filings to management for final review.
- Prepare journal entries to record including those with an impact of technical accounting issues.
- Maintenance of the general ledger and chart of accounts within JD Edwards, the accounting system, including account creation and modification.






- Proactively identify internal control process improvements or recommendations and liaise with the internal audit team and/or auditor to address deficiencies. Create action plans to mitigate financial control risks within the department and implement accordingly.
- Ensure effective and appropriate internal controls have been implemented and continuous improvement of current controls to ensure risk mitigation.
- Contribute towards the audit process by liaising with auditors, preparing working papers, and coordinating with other departments as required to ensure the audits are conducted effectively and efficiently.
- Maintain currency in knowledge in IFRS, relevant regulatory codes, and deep knowledge of the organization’s policies and procedures.






- Maintain currency in accounting knowledge, relevant legislative changes, and pursue regular professional development to maintain CPA designation.
- Perform other assigned duties as required including but not limited to ad-hoc projects and reporting and analysis.

What you bring:

- Completion of a bachelor’s degree in accounting, finance or acceptable discipline from a recognized post-secondary institution plus completion of a professional accounting designation (i.e., CPA).
- Minimum of four (4) years of progressively senior level accounting or financial analysis experience in public practice, medium-to-large sized corporations, or a balanced combination of either environment.
- Considerable experience with applying advanced IFRS knowledge in a previous work environment,





addressing complex accounting transactions and/or issues, in-depth experience with the preparation of consolidated financial statements and cash flow analysis.
- Strong knowledge of International Financial Reporting Standards (IFRS), regulatory requirements, accounting policies and best practices.
- Experience with financial database software and ERP systems is required, and previous experience with JD Edwards would be considered an asset.
- Advanced Excel, Word and MS Office application skills required with demonstrated ability to build and maintain financial reports.
- Excellent problem solving and critical thinking skills.
- Aptitude and ability for tactful and diplomatic interaction, along with solid analytical abilities.
- Strong work ethic and regarded as a proactive individual who is focused on continuous improvement in all work processes.
- Strong written and verbal communication skills and interpersonal skills, including the ability to liaise effectively and positively.
- Detail-oriented and committed to a high level of accuracy.
- A highly motivated individual, taking initiative, adapting to change and demonstrating the ability to collaborate with others.
- Ability to work independently and as a member of the team, with ability to prioritize workload and to work under pressure in a fast-paced environment.
- Ability to identify and assess opportunities for process improvement and implement accordingly.
- Aptitude to renew financial and regulatory knowledge and demonstrate ability to research IFRS.

What we offer:

We offer a robust total rewards package including:

- Market-competitive base salaries and variable incentive plan.
- Generous and inclusive benefits offering including retirement benefits plan.
- Earned time off program.
- Paid vacation and personal care leave.
- Learning, development, and advancement opportunities.
- Onsite gym with towel service in a national landmark in the heart of Vancouver’s waterfront.
- Friendly, unique, and respectful workplace.

Job type: Bargaining Unit, Full-Time, Permanent, Hybrid

Working environment: Normal office conditions.

This is Canadian-based employment, and it is expected that all employees maintain legal entitlement to work in Canada. Applicants selected to move forward in the hiring process may be subject to background checks, including but not limited to criminal record, credit, and/or reference checks.

At the Vancouver Fraser Port Authority, we are dedicated to employment equity and a workplace reflective of the diversity of our port community. We welcome applications from all qualified candidates including women, persons with disabilities, Indigenous peoples, and members of visible minorities. Reasonable accommodation can be provided in the selection process and while working with the port authority. If you require support applying to our openings, please contact us at *******@portvancouver.com.

We recognize and acknowledge that we are located on the traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) Nations. To learn more about our indigenous relations and commitment to reconciliation, please visit our website.

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▶️ Senior Financial Reporting Analyst
🖊️ Vancouver Fraser Port Authority
📍 Vancouver

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