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Corporate Accountant

3 months ago

Vancouver Metro Vancouver Regional District, CA Math ANEX Full time

Corporate Accountant

Date Posted: August 14, 2024
Closing Date: August 20, 2024
Reports To: Manager, Corporate Accounting
Location: Vancouver

Position Summary

We are Methanex: the world's largest producer and supplier of methanol to major international markets in North America, Asia Pacific, Europe and South America, with our corporate head office located in Vancouver, BC.

What's In It For You

  • A competitive total rewards package that includes a base salary, annual performance bonus program, generous pension plan, extended benefits coverage, generous time off program, employee share purchase program and hybrid work options.
  • The expected hiring salary range is CAD $80,000 to $95,000, commensurate with experience and skills; may be reviewed for exceptionally qualified candidates.
  • Opportunity to make a real impact with a global leader, working collaboratively with colleagues around the world and with direct line of communication with the executive leadership team.
  • Beautiful, newly renovated downtown office with an excellent view and snack/soda bar for when you are onsite.
Position Responsibilities

  • Timely and accurate reporting of financial results for Corporate Head Office, including preparation of month-end entries, financial statements, internal schedules and reports, variance analysis, and maintaining monthly GL account reconciliations.
  • Monthly maintenance of account reconciliations and other schedules for month-end entries.
  • Preparation of recurring and ad hoc month-end entries.
  • Liaise with payroll to perform payroll account reconciliations and to extract and upload bi-weekly payroll journals.
  • Run subledger revaluation and translation.
  • Close subledgers and GL for corporate business units.
  • Prepare Income Statement (monthly) and Balance Sheet (quarterly) for the corporate business units along with variance analysis.
  • Prepare monthly forecast for the Corporate Reporting team.
  • Preparation of annual entity statements, working paper, and schedules for the Canadian entities.
  • Other ad hoc analysis as required.
  • Accounting for intercompany transactions (i.e. G&A, insurance, cost sharing, interest, dividends, misc. fees, etc.) for Methanex Corp and Finance Companies - involving review of variances, invoicing, cash receipts, reconciliation, GL coding, etc.
  • Prepare and review journal entries to record intercompany transactions in Oracle.
  • Ensure all intercompany transactions are recorded in corresponding business units that Mx Corp oversees.
  • Ensure all transactions are issued with supporting backup in a timely manner.
  • Provide correct GL coding for incoming intercompany transactions.
  • Monthly preparation of intercompany reconciliations.
  • Communicate with internal and regional finance contact to resolve any intercompany transaction issues or variances.
  • Prepare journal entries and reconciliation of financial statements after gathering information from Barbados and Cayman Management companies on a periodical basis.
  • Accounting for charges to other regions for stock based compensation (working with HR and Corporate Reporting to understand allocation out of expense, intercompany billing to regions, and reconciliation of SBC GL accounts).
  • Preparation of quarterly schedule for charges to other regions for Global IT costs.
  • Assist with preparation of other intercompany schedules, memos, and reports, as needed.
  • Cost Sharing and support of cost sharing audit.
  • Consolidate purchase margin program gains and losses and production information from Marketing Regions; And ensuring integrity of the data received.
  • Support the preparation of the quarterly head office cost allocation.
  • Communicate requirements to regions and coordinate quarterly issuance of invoices.
  • Support the cost sharing audit by preparing the annual schedules and coordinating with the region to collect supporting document and information.
  • Continuous Improvement on Processes and Systems.
  • Work with Oracle Solutions team to find efficiencies and improve reporting processes for corporate accounting.
  • Become a subject matter expert for GL and intercompany.
Position Qualifications

  • Education and/or Professional Designation: CPA designation or equivalent.
  • Experience and Technical Skills/Knowledge:
  • 4+ years accounting experience, preferably in a similar capacity with a large organization.
  • 2+ years with ERP/Integrated accounting systems (Oracle experience is an asset).
  • Solid accounting technical and analytical skills.
  • Excellent computer skills, including Excel and Word.
  • Experience working with multiple currencies.
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