About the opportunity:
- Perform full-cycle month-end close activities for assigned corporate and non-operating entities, including journal entries, accruals, reconciliations, and trial balance maintenance.
- Review, enter, and reconcile intercompany, accounts receivable, and accounts payable transactions related to assigned entities.
- Support collections, disbursements, and related follow-up for assigned entities as required.
- Prepare monthly financial reporting schedules and analyze key results, variances, and unusual items for review with the Finance Manager.
- Prepare and submit HST returns for assigned entities.
- Maintain supporting documentation and provide backup for management reporting, audit requests, bank reporting, and other external stakeholder requirements.
- Identify opportunities to improve accuracy, efficiency, and timeliness within recurring accounting and reporting processes.
- Participate in finance projects, process improvements, and other ad-hoc reporting assignments as required.
- Maintain and update the 36-month rolling forecast for assigned non-operating entities, including income statement, balance sheet, and cash flow assumptions, and highlight key changes and financial impact.
- Prepare and update group consolidation templates using existing models, including intercompany eliminations and supporting schedules.
- Prepare monthly group-level consolidation reporting and analysis of actual and forecast results for management review.
- Monitor group-level bank balances and daily cash activity across the group.
- Maintain the daily cash flow report, including expected receipts, scheduled disbursements, payroll funding requirements, loan activity, and short-term liquidity needs.
- Prepare and maintain a three-month cash flow forecast to support short-term liquidity planning and identify working capital needs.
- Integrate the cash flow template with the latest approved forecast to ensure cash flow projections are aligned with current business assumptions.
- Present weekly cash flow updates to senior management, as required.
- Escalate items requiring management attention to the Finance Manager.
- Maintain quarterly investment reporting schedules using external investment statements and supporting documentation.
- Update fair market values, distributions, realized and unrealized gains/losses, and other relevant investment activity.
- Reconcile investment balances to supporting statements and investigate unusual variances.
- Prepare investment reporting summaries for management review.
- Escalate investment-related items.
About you:
- 5+ years of full-cycle accounting or related financial reporting experience.
- Strong understanding of accounting principles, balance sheets, journal entries, accruals, reconciliations, consolidations, cash flow and financial statement preparation.
- Advanced Excel skills, including experience with linked schedules, reconciliations, formulas, and financial reporting templates.
This position for employment is for a current vacancy with Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present you as a candidate for the foregoing position. Additionally, you agree to be included in our talent pool for future hiring for similarly qualified positions. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. Lastly, you also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of colour, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if one is needed to participate in the job application or interview process, please contact HR@vaco.com .
Vaco by Highspring respects your privacy and is committed to providing transparent notice of our policies in English here and in French here. Additionally, the company uses AI to perform preliminary screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco/Highspring does not know and cannot opine on if its client’s use of AI products in hiring.
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
Having said that Vaco by Highspring believes that the salary range referenced reasonably estimates the base compensation for an individual hired into this position. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company’s retirement plan (or similar retirement benefits).
