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Financial Analyst/Accountant Jobs

Company

Torstaff

Address Greater Kitchener-Cambridge-Waterloo Metropolitan Area, Canada
Employment type CONTRACTOR
Salary
Category Staffing and Recruiting
Expires 2023-05-12
Posted at 1 year ago
Job Description

Growing corporation requires a Junior Financial Analyst/ Accountant for a 18 month contract with a good possibility for perm. You will spend your day analyzing financial data and preparing various accounting and financial reports based on this data and your research-backed opinions. To excel in this role, you need proven knowledge of various financial forecasting and corporate finance models.

Responsibilities:

  • Periodic review of the integrity and reasonableness of the existing cost accounting systems
  • Creation and maintenance of all inventory items, including BOMs
  • Analysis of the production costs and recommending changes (raw material yields, labor productivity, packaging wastage and other metrics)
  • Preparation of month-end schedules for accruals and prepaids
  • Update the monthly forecast for assigned function based on business changes. Actively communicate changes to business partners by providing specific, actionable, and forward-looking commentary on the various changes as well as guidance on potential risk.
  • Participate in the preparation and compilation of the annual operating plan (AOP) and strategic plan for assigned component of the P&L and related balance sheet accounts
  • Reconciliation of some GL accounts
  • Participate in month-end/quarter-end close activities to ensure completion of assigned tasks, including identification and resolution of unusual items and issues in a timely manner.
  • Participate in various finance wide-projects, projects will vary depending on business needs.
  • Development of cost standards for materials and labor
  • Coordinating with other members of the finance team, such as a risk analyst when required to review financial information and forecasts
  • Maintenance of the capital expenditures and depreciation schedules
  • Provide comprehensive financial analysis and models for various requests depending on the assigned function (product development, customer analysis, competitive analysis, pricing, etc.).
  • Identification of the areas for improvement in production, supply chain, logistics and inventory management.