Financial Reporting& Accounting Manager

2 weeks ago

Toronto, Ontario, Canada KPMG Full time

Overview:


At KPMG, you'll join a team of diverse and dedicated problem solvers, connected by a common cause: turning insight into opportunity for clients and communities around the world.

The Opportunity

Global Finance delivers most ongoing finance activities from outsourced providers.

The KPMG resources in Global Finance are focused on providing value added activities which can only be delivered from within the firm.

Global Finance is responsible for managing all financial budgeting and reporting for KPMG International and its subsidiaries

This includes the following:

  • Levy and collection issue levy and recharge to member firms, collections and reporting
  • Payable and disbursements invoice processing, approval and payments for over 50+ significant functions
  • Management and financial reporting interim and annual audited financial statements; actual versus budget monitoring and reporting; loans and investments summary; capitalization and maintenance of capital asset register
  • Direct and indirect taxes to ensure complex compliance with several foreign reporting tax jurisdictions; prepare corporate tax filings for filings in various countries
  • Treasury functions weekly and monthly cash flow projections; manage the initiation and maturity of currency hedges

What you will do:
1.

Preparation of subsidiary financial statements including assistance with year-end audit: liaise with the global tax and legal department to ensure reporting compliance of the various subsidiary companies within the group and including assistance with the group consolidated financial statements. Manage the various year end closing activities with respect to the consolidated management financial statements ensuring that all activities are completed within a tight timeframe; strong working knowledge of IFRS 9, 15 and 16 is required.

2.

Assist with capitalization of intangibles, maintenance of Leases and Loans:

review various projects to identify capitalization amounts in accordance with International Reporting Standards; discuss with sponsoring partner and project lead to get background information; analyze the operating impact of actual capitalization against budgeted capitalization; summarize and accumulate general ledger transactions to support the amounts capitalized; conduct quarterly update calls with various functions to monitor the process of projects and impact on projected capitalization amounts.

Assessment, calculations (including ECL calculations) and supporting documentation related to new leases and loans which are entered into and provided respectively.


3.

Pay run review:

periodic involvement to ensure that the proposed disbursements are in accordance with the pre-established approval matrix; supplier banking details match the invoices and that invoices from various KPMG member firms are in accordance with the internal recharge policies.


4.

Review loan and financing agreements:
Assess agreements to determine accounting based on IFRS 9 and identify clauses which require rework or further discussion.

5.

Liaise with offshore resources in the following areas:managing cost center structure and uploading of approval matrix; actual versus budget reporting templates; prepayments; direct tax returns; general ledger; balance sheet and P&L reconciliation.

6.

Other ad hoc projects:

other financial and management reporting tasks as will be assigned from time to time for example review of levy computation to be charged to member firms; summarizing and review of taxation charges; review of financing and exchange gain/loss computations.


7.

Assistance with year-end audit of other subsidiaries: manage the various year end closing activities with respect to the consolidated management financial statements ensuring that all activities are completed within a tight timeframe; strong working knowledge of IFRS 9, 15 and 16.

8.

Month end activities:

Maintain and update month end checklist for closing accounts, Journal posting-invo accruals and recharge accruals, assist in closing periods in SAP.

Review of cash and bank balances, review of term deposit schedules including hedge agreements.

9.

Operational finance activities:

Cost center creation, maintenance of chart of accounts and alternate cost center structure, perform timely review of the user access report on a monthly basis, review super user access report on a monthly basis, complete timely updates of the approval matrix.


10.

Quarter end activities:
Oversee the closing of quarter end ensuring timely accruals. Review and reconcile GL accounts to subsidiary ledger. Analyze GL accounts for composition and reporting. Manage and track prepayment balances. Oversee accrual process and work closely with finance business partners to ensure accruals are complete and accurate at quarter-end. Ensure finance business partner compliance with closing timeline.

11.
**Assist in corporate tax compliance activities

  • Manager, Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1Supports the execution of accurate and efficient cyclical reporting processes for regulatory and management information and note disclosure in financial statements to internal and external stakeholders and regulatory bodies. Works across BMO to deliver specific project/program results in alignment with overall...

  • Senior Accountant Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada Canadian Accounting Consultants [CPA Recruitment] Full time

    Are you interested in being part of a company known for its great corporate culture and excellent balance between work and personal life? Do you have auditing skills and accounting knowledge that you want to use in a dynamic environment? Would you like a role that contributes to corporate objectives while collaborating closely with operational...

  • Senior Accountant Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada Canadian Accounting Consultants [CPA Recruitment] Full time

    Are you looking to join a company with a super corporate culture and excellent work/life balance? Would you like to leverage your auditing skills and accounting knowledge in a progressive environment? Are you interested in a role that supports corporate deliverables but partners closely with operational groups?Opportunity highlights:Midtown, directly subway...

  • Senior Accountant Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada Canadian Accounting Consultants [CPA Recruitment] Full time

    Are you seeking to join a company with a fantastic corporate culture and great work/life balance? Do you want to utilize your auditing expertise and accounting knowledge in a dynamic setting? Are you looking for a role that aids corporate goals while collaborating closely with operational teams?Exciting Features of this Opportunity:Conveniently located in...

  • Manager - Financial Accounting

    2 weeks ago

    Toronto, Ontario, Canada Momentum Financial Services Group Full time

    Momentum Financial Services is a leading provider of financial services in North America. Through our retail network of over 400 locations, known as Moneymart, Insta Cheques and the Cheque Cashing store, we provide access to cash and related products to help our customers achieve their goals.Through this ever-evolving suite of services, we empower customers...

  • Director of Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada Momentum Financial Services Group Full time

    Momentum Financial Services is a leading provider of financial services in North America. For 40 years, we've been committed to providing financial solutions that meet the evolving needs of consumers and business owners. Through our retail network of over 400 locations, known as Moneymart, Insta Cheques and the Cheque Cashing store, we provide access to...

  • Financial Reporting Analyst

    2 weeks ago

    Toronto, Ontario, Canada GM Financial Full time

    Overview:Why GMF?GM Financial is the wholly owned captive finance subsidiary of General Motors. We are a global provider of auto finance solutions. We offer attractive retail financing and lease programs to meet the needs of each customer. We also offer commercial lending products to dealers to help them finance and grow their businesses.At GM Financial, we...

  • Manager, Accounting and Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada TMX Full time

    The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.United as a global team, we're connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and...

  • Manager Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada Workplace Safety and Insurance Board Full time

    Plan and manage the WSIB's financial reporting program (monthly, quarterly and annual). The responsibilities include preparing the WSIB consolidated financial statements, ensuring the WSIB's financial information is reported in accordance with generally accepted accounting standards, and complies with WSIB's corporate objectives and statutory...

  • Manager, Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada CaseWare IDEA Full time

    Caseware is one of Canada's original Fintech companies, having led the global audit and accounting software industry for over 30 years, with more than 500,000 users across 130 countries and available in 16 different languages. While you might not have heard of us (yet) over 36,000 accounting and audit professionals list Caseware as a skill on their LinkedIn...

  • Financial Reporting Manager

    2 weeks ago

    Toronto, Ontario, Canada Riverside Natural Foods Full time

    Are you hungry to innovate? To do things differently? To work with a company that's real, thoughtful and very forward-thinking? Meet Riverside. We are an organic, "better for you" snack company, manufacturing award-winning, nutritious, allergen-free snacks. Your kids know us as MadeGood, tasty school-safe snacks. Your buddies on the go grab our GOOD TO GO...

  • Manager, Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada Vaco Lannick Full time

    About the CompanyOur client operates in the financial services sector and is currently seeking a Manager for Financial Reporting to join their team.Why Join UsDynamic management team with experienced leadersInclusive and forward-thinking work environmentActive involvement in community initiativesThis role offers substantial growth opportunities and aims to...

  • Manager of Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada iAnthus Capital Full time

    Manager of Financial Reporting - Job ProfileOverview:iAnthus (a publicly traded, multi-state cannabis operator) is seeking a Manager, Financial Reporting to join our corporate finance team in Toronto. Reporting to the Director of Financial Reporting, this individual will lead a team of two direct reports. The Manager of Financial Reporting will help prepare...

  • Manager, Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada The Cadillac Fairview Corporation Limited Full time

    Role impact:Contributes to key accounting processes in the Development finance group, with a focus on the analysis, recording and documentation of complex accounting transactions, fair market value analysis and preparation of the financial statements and management reports for development entities and ensuring compliance with CF policies.What you will...

  • Fund Financial Reporting Analyst

    2 weeks ago

    Toronto, Ontario, Canada CI Financial Full time

    At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and projects, and where employees are supported and engaged in doing so. JOB OVERVIEW...

  • Financial Reporting Accountant

    2 weeks ago

    Toronto, Ontario, Canada The Hillman Group, Inc. Full time

    The Hillman Group services a wide variety of customers in the Automotive, Industrial, Retail and Agricultural channels. We have products in Home Depot, Lowes, Canadian Tire, Walmart and more Have you ever done any home improvement projects? The Hillman Group Canada employs over 700 employees in 2 manufacturing facilities and 7 distribution facilities across...

  • Manager, Financial Reporting

    2 weeks ago

    Toronto, Ontario, Canada CaseWare International Full time

    Caseware is one of Canada's original Fintech companies, having led the global audit and accounting software industry for over 30 years, with more than 500,000 users across 130 countries and available in 16 different languages. While you might not have heard of us (yet) over 36,000 accounting and audit professionals list Caseware as a skill on their LinkedIn...

  • Manager - Financial Accounting & Reporting (Far)

    2 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    Requisition ID: 194949Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Chief Accountants team operates in a high-risk area with many strategic projects and initiatives that have been attracting more attention given various financial reporting and regulatory deliverables. The incumbent will bring...

  • Financial Reporting Analyst

    2 weeks ago

    Toronto, Ontario, Canada IFG International Financial Group Ltd Full time

    Our client located in the heart of Mississauga is hiring a Financial Reporting Analyst on a 6-month contract. As a Financial Reporting Analyst, you will be responsible for consolidating and analyzing the financial results of the company while playing a major role in the budget planning process. The main responsibilities include the following; Prepare and...

  • Financial Reporting Manager

    2 weeks ago

    Toronto, Ontario, Canada Atlantic Full time

    Posting Details Job Details Description OVERVIEW: From corrugated packaging, paper bags, retail displays, pre-print, supply and inventory management, paper mills and recycling, Atlantic is strategically positioned to provide customers with a total packaging solution. THE OPPORTUNITY This is an exciting opportunity for a forward-focused...