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Financial Management Specialist

2 months ago


Nova Scotia, Canada Meridia Recruitment Solutions Full time
Job Summary

We are seeking a highly skilled and experienced Financial Management Specialist to join our client's dynamic team at Meridia Recruitment Solutions. As a key member of the team, you will be responsible for managing and recording all financial transactions, reconciling bank accounts, and maintaining accurate financial records in Xero software.

Key Responsibilities
  • Financial Record Management: Manage and maintain accurate financial records, including receipts, disbursements, billing, and general ledger entries.
  • Transaction Recording: Accurately record and categorize all monthly financial transactions in Xero.
  • Bank Account Reconciliation: Regularly reconcile bank accounts to ensure accuracy and identify discrepancies.
  • Discrepancy Resolution: Investigate and resolve any discrepancies in a timely manner.
  • Financial Reporting: Produce monthly Profit and Loss statements and other financial reports as required.
  • Financial Insights: Provide insights and explanations on financial data to support decision-making.
  • Accounts Payable Management: Manage accounts payable processes, including invoice processing, payment scheduling, and vendor communication.
  • Payroll Processing: Maintain and manage payroll processing for the Company.
  • Supplier Payments: Ensure timely and accurate payments to suppliers and service providers.
  • Financial Record Organization: Maintain organized and up-to-date financial records.
  • Annual Financial Statements: Assist with the preparation of annual financial statements and tax filings.
  • Financial Close Processes: Perform month-end and year-end close processes.
  • Compliance: Ensure compliance with company policies, accounting standards, and legal requirements.
  • Professional Development: Stay updated on best practices and new regulations.
Requirements
  • Education and Training: Formal education and/or training in business management, administration, or similar fields.
  • Accounting Experience: A strong understanding and experience with full cycle accounting, bookkeeping, expense tracking, and financial management is a must.
  • Xero Experience: Preferably with previous experience with Xero.
  • Microsoft Office Suite: Proficiency in Microsoft Office Suite, especially Excel.
  • Attention to Detail: Excellent attention to detail and accuracy.
  • Organizational Skills: Strong organizational and time management skills.
  • Remote Work: Ability to work independently and as part of a team in a remote environment.
  • Results-Oriented: Proven ability to take ownership and produce high quality results.
  • Communication Skills: Good communication skills, both written and verbal.