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Open nowPosted yesterday

Senior Financial Analyst

BGIS737 open roles

Pay
$75,440 – $95,000 a year
Where
Markham, ON, Canada, Toronto, ON, Canada
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Your applicationOpen nowSenior Financial AnalystBGIS · Markham, ON, Canada, Toronto, ON, Canada
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The clock on this job

Early applications get read.

13.5% of postings close within 7 days. Measured by our own scanner across the market. BGIS postings stay open a median of 18 days.

Share of postings closed within
  1. 2.3%1 day
  2. 4.6%3 days
  3. 13.5%7 days
  4. 21.8%14 days
  5. 36.6%30 days
  6. 58.9%60 days
This job: posted yesterday

BGIS median: 18 days open

The posting

Job Description

SUMMARY

The Senior Financial Analyst provides complex transactional support for a process within a full accounting cycle and is involved in full accounting cycle for a client contract (s) or business unit(s). At this level, the incumbent typically supports multiple portfolios and complex transactions.

KEY DUTIES & RESPONSIBILITIES

Month End Close

  • Review project revenue/gross margins & unbilled backlog analysis with the finance/operational leaders for month end review.
  • Prepare the revenue recognition entries (using percentage of completion revenue recognition) with supporting documents/calculations as required.
  • Conduct project financial close out and reconciliation.
  • Record journal entries, and maintain and reconcile general ledger to the job cost and other sub ledgers.
  • Answering internal and external financial inquiries as it relates to the specific client account.
  • Perform timely month end close and ensure recording all pertinent transactions including project /labour / various monthly accruals.
  • Ensure / investigate Accounts Receivable collection, and explanation for overdue balances.
  • Prepare monthly reports for specific client accounts.

Financial Planning & Analysis Support

  • Conduct detailed profitability analysis of variances between planned, forecasted, and actual figures
  • Assistance in conducting accurate and complete forecasting of revenue and margins by project
  • Provide support for process improvement initiatives
  • Provide support for job costing and pricing
  • Prepare other ad hoc reports for management as required
  • Understand GAAP requirements, particularly around revenue recognition
  • Understand basic interactions between financial systems related to the portfolio supported

KNOWLEDGE & SKILLS REQUIRED

  • 3-6 years of progressive experience in public accounting or industry roles
  • University graduation or professional certification (e.g. P. Eng, CMA, CGA or equivalent courses)
  • Ability to communicate basic accounting principles to support procedures and to explain financial results within the team and to internal customers.
  • Ability to complete and resolve assigned complex account reconciliation which sees the highest transaction volume or deal with multiple portfolios or business units.
  • Ability to reconcile and resolve discrepancies between general ledger and sub ledger.
  • Ability to identify and provide recommendations for issues and process improvement opportunities at account and business unit level following GAAP procedures.
  • In-depth understanding of audit requirements within scope of responsibility.
  • Ability to provide input to process documentations and business cases; write variance explanations, summaries of findings and recommendations.
  • Advanced level knowledge of current accounting systems and MS Office suite of software
  • Understanding of more complex accounting issues like revenue recognition (% completion/project accounting)
  • Excellent analytical abilities, including advanced Excel skills to assist with financial modeling (pivot tables, vlookup, etc.)
  • Ability to operate in high growth environments with an view of implementing more standard processes and best practices
  • Strong process improvement and/or implementation experience
  • Detail oriented, self-starter with strong interpersonal, and communication skills
  • Proactive and good problem solving skills

Licenses and/or Professional Accreditation

Completed an Accounting designation program (CGA, CMA, CPA)

This is a regular, full-time position with a salary range of $75,440 - $95,000 per annum. The starting salary will be based on the successful candidate’s competencies, including but not limited to experience, education, professional designations and performance related to this role.

#LI-HG

#LI-Hybrid

About Us

We value transparency in our hiring processes. Please note, artificial intelligence may be used in certain stages to screen, assess, or select applicants, however, a human reviewer makes all final decisions. This posting is for an existing vacancy. BGIS is a global leader in integrated facility management services. With a combined team of over 10,000 globally, BGIS relentlessly focuses on delivering innovative service solutions that create value for its clients. Globally, BGIS manages over 50,000 facilities totaling more than 600 million square feet across several markets including government, higher education, utilities, telecommunications, financial services, oil & gas, healthcare and cloud enterprise. In addition to managing a diverse portfolio of corporate offices, retail, colleges, hospitals and industrial assets, BGIS is a world leader in the management of data centers and other critical environments.

At BGIS we believe that diversity and inclusion is a key business driver, such that we never lose sight of its importance as it is woven into the fabric if our organization. We are committed to maintaining a barrier-free recruitment process by providing equal employment opportunities through recruiting and retention of individuals of all backgrounds. We recognize that promoting diversity is an essential component of our continuing pursuit for organizational success!

BGIS is an equal opportunity employer, and we welcome you to apply for a position with us! If you require accommodation during the recruitment process, please contact us at [email protected]. Upon request for accommodation, we will consult with the applicant in question and provide, or arrange for the provision of, a suitable accommodation in a manner that takes into account the applicant's accessibility needs due to disability.

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