Job Information
Port of Vancouver Senior Financial Reporting Analyst in Vancouver, British Columbia
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 orissues and provide analysis and accounting guidance or recommendation tooperating departments and programs to ensure transactions areappropriately accounted for in the financial results and in compliancewith IFRS
Review consolidated financialinformation from team members and conduct in-depth analysis to identifyand evaluate variances or inaccuracies which may result in financialreporting and audit risks. Actively address underlying variance which mayinclude but not limited to, investigating issue, correcting error, orexplaining anomaly in the financial statements
Provide timely month-over-month,year-to-date actual to budget variance analysis on the financial resultsto ensure accuracy, completeness and reasonableness of financial records,support the users of financial statements for decision making, perform varianceinvestigation, formulate follow-up action plans, and provide commentary asrequired
Present financial results andvariance analysis to the accounting team and support the preparation ofmaterials for Audit Committee and Board of Directors meetings
Take initiative, lead, coordinate,propose, and implement work process improvements for financial reportingto enable efficiency and effectiveness
Responsible forcompleting the full set of consolidated and subsidiaries’ financial statementsand note disclosures in compliance with IFRS and accounting policies foraudits, including creating and/or updating financial statements presentationand disclosure language and working papers
Prepareaccounting memos and accounting policies to reflect IFRS changes, new standardsimplementation, and/or new accounting issues, including the accountingtreatment for new business activities and projects
Maintainaccuracy of the capital assets ledger through the capital asset life cyclewhich can include project submission review, capital code set-up, assetcreation, depreciation, and disposal
Completeperiod-end financial reporting packages including all supporting documentationto management for review and approval
Perform themonthly close process and general ledger accounting functions to ensure timelyfinancial reporting including regulatory filings to management for final review
Prepare journalentries to record including those with an impact of technical accounting issues
Maintenance ofthe general ledger and chart of accounts within JD Edwards, the accountingsystem, including account creation and modification
Proactivelyidentify internal control process improvements or recommendations and liaisewith internal audit team and/or auditor to address deficiencies. Create actionplan to mitigate financial control risks within the department and implementaccordingly
Ensureeffective and appropriate internal controls have been implemented andcontinuous improvement of current controls to ensure risk mitigation
Contributetowards audit process by liaising with auditors, prepare working papers, andcoordinate with other departments as required to ensure the audits areconducted effectively and efficiently
Maintaincurrency in knowledge in IFRS, relevant regulatory codes, and deep knowledge ofthe organization’s policies and procedures
Maintaincurrency in accounting knowledge, relevant legislative changes, and pursueregular professional development to maintain CPA designation
Perform otherassigned duties as required including but not limited to ad-hoc projects andreporting and analysis
What you bring:
Completion of abachelor’s degree in accounting, finance or acceptable discipline from arecognized post-secondary institution plus completion of a professionalaccounting designation (i.e., CPA)
Must have aminimum of four (4) years of progressively senior level accounting or financialanalysis experience in public practice, medium-to-large sized corporations, ora balanced combination of either environment
Considerableexperience with applying advanced IFRS knowledge in a previous workenvironment, addressing complex accounting transactions and/or issues, in-depthexperience with the preparation of consolidated financial statements and cashflow analysis
Strongknowledge of International Financial Reporting Standards (IFRS), regulatoryrequirements, accounting policies and best practices
Experience withfinancial database software and ERP systems is required, and previousexperience with JD Edwards would be considered an asset
Advanced Excel,Word and MS Office application skills required with demonstrated ability tobuild and maintain financial reports
Must haveexcellent problem solving and critical thinking skills
Mustdemonstrate aptitude and ability for tactful and diplomatic interaction, alongwith solid analytical abilities
Must havestrong work ethic and is regarded as a proactive individual who is focused oncontinuous improvement in all work processes
Must havestrong written and verbal communication skills and interpersonal skills,including the ability to liaise effectively and positively
Must be detailoriented and committed to a high level of accuracy
Must be ahighly motivated individual, taking initiative, adapting to change anddemonstrating the ability to collaborate with other
Must be able towork independently and as a member of the team, with ability to prioritizeworkload and to work under pressure in the fast-paced environment
Ability toidentify and assess opportunities for process improvement and implementaccordingly
Must haveaptitude to renew financial and regulatory knowledge and demonstrate ability toresearch IFRS
What we offer:
We offer a robust total rewards package including:
Market-competitive base salaries and variableincentive plan
Generous and inclusive benefits offeringincluding retirement benefits plan
Earned time off program
Paid vacation and personal care leave
Learning, development, and advancementopportunities
Onsite gym with towel service in a nationallandmark in the heart of Vancouver’s waterfront
Friendly, unique, and respectful workplace
Location: Vancouver, Canada
Job type: Bargaining Unit, Full-Time, Permanent, Hybrid
Working environment: Normal office conditions
This is Canadian-based employment, and it isexpected that all employees maintain legal entitlement to work in Canada.Applicants selected to move forward in the hiring process may be subject tobackground checks, including but not limited to criminal record, credit, and/orreference checks.
At the Vancouver Fraser PortAuthority, we are dedicated to employment equity and a workplace reflective ofthe diversity of our port community. We welcome applications from all qualifiedcandidates including women, persons with disabilities, Indigenous peoples, andmembers of visible minorities. Reasonable accommodation can be provided in theselection process and while working with the port authority. If you requiresupport applying to our openings, please contact us atcareers@portvancouver.com.
We recognize and acknowledge that we are locatedon the traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh(Squamish), and səlilwətaɬ (Tsleil-Waututh) Nations. To learn more about ourindigenous relations and commitment to reconciliation, please visit our website (https://www.portvancouver.com/community/indigenous-relations/) .
