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Financial Reporting Manager

2 months ago


Markham, Canada Everlink Full time

Everlink Payment Services Inc. is a leading provider of comprehensive, innovative, and integrated payment solutions and services for 98% of credit unions, 55% of consumer-facing schedule 1 and 2 banks, and a broad range of SMEs across Canada. In addition to supplying best-in-breed technology infrastructure and payment network connectivity via our well-established Payment Network Gateway – with operational performance that continually ranks in the upper first quartile – we offer a diversified range of integrated payments Lines of Business including:

  • Digital Solutions, enabling real-time payments for Retail Peer-to-Peer (P2P), Business (B2B/B2P) Payments, ISO20022 Payment Gateways and API Integrations for Financial Institutions and Services Providers.
  • Card Issuance & Management: With a history of firsts related to Card Issuance Solutions, Everlink provides a fully managed, flexible, and turnkey experience, ensuring credit unions, banks, FinTechs, and other payment card issuers can provide the card products they need, including debit and Co-badged cards.
  • Fraud Management Solutions, operating one of the largest service bureaus in Canada for Fraud Management Solutions, Everlink offers credit unions, banks, and fintech industry-leading and custom-designed solutions that enhance the protection of their members and customers.
  • Mobile Payments: Fulfilling critical service delivery requirements, Everlink remains at the forefront of the evolution of NFC-based payments, with extensions to mobile wallets and other digital payment methods.
  • Payment Network Gateway, operating a world-class payments technology infrastructure, Everlink’s Payment Network Gateway Services provides connectivity to domestic and international payment networks for credit unions, banks, and merchants to participate in.
  • Professional Services: Leveraging our extensive industry knowledge, expertise, and capabilities, Everlink’s Professional Services Team partners with our clients to navigate the ever-changing payments landscape and ensure their technology capabilities remain relevant.
  • Retail Solutions, enabling Card Present Point-of-Sale Acquisition, including Interac eCommerce, via dedicated Host-to-Host Payment Gateways for Payment Service Providers, FinTechs, and Credit Unions.
  • ATM Managed Services: Everlink powers ATM networks and transaction capabilities for credit unions, banks, and cardholders domestically and abroad, supporting the latest technology and introducing innovations.

Complementing the strength of these eight primary Lines of Business is our ongoing commitment to Client-Centricity, the key element of our guiding principles. At Everlink, we are dedicated to building, maintaining, and nurturing long-lasting relationships. To help our clients remain competitive and successful, we provide the innovative technologies they need to serve their growing base of members, customers, and merchants.

About the Role

Title

Reports To

Vice President, Finance & Controller

Accountabilities

  • Key accountabilities related include Budgeting and Forecasting, Monthly Financial Statements and Monthly Financial Reporting.
  • Provide guidance to accounting services staff with regard to accounting policy.
  • Oversight of the accounting information systems.
  • Accountabilities related to daily cash management & reconciliation of Everlink’s primary operating cash account.

Responsibilities

  • Supervise the staff of the Accounts Payable function, which is carried out by the Accounts Payable Specialist and Accounting Specialist. Ensure Everlink’s vendor payments administration is performed in a timely and accurate manner each month and that vendors are paid at appropriate intervals.
  • Supervise two Financial Analysts to provide guidance in their duties and support their career progression. The Financial Analysts are focused on the cost side of the business, fixed assets, taxation, time reporting and payroll accounting.
  • Control, daily reporting, and overnight investment management of Everlink’s Operating Cash bank accounts. Month-end reconciliation of the main operating bank account and oversight of the other operating bank account reconciliations.
  • Perform Monthly Forecasting of Revenues, Operating Expenses, Amortization Expenses, and Compensation expenses. Forecast numbers provided by the Vice President will be incorporated into the Overall Forecast prepared by the Financial Reporting Manager.
  • Coordinate Everlink’s annual Budget in September through November of each fiscal year, including meeting with Vice Presidents, General Managers, and the Vice President of Finance & Controller.
  • Prepare and distribute Monthly Departmental P&L Reports and the Monthly Finance Flash Report, ad-hoc Quarterly and/or Annual Expense Analysis Reports as requested by the VP, Finance & Controller.
  • Interact with other members of the Everlink Finance Team to ensure accurate general ledger classifications and timing of operating expenses. Work with Everlink’s various departments to ensure accurate information and data related to operating expenses and to enable proper accrual and deferrals of expenses.
  • Assist in the Month-end review of Everlink Payment Services' financial statements, including the Income Statement and Balance Sheet, and prepare the monthly Cash Flow Statement.
  • Maintain General Ledger Account Reconciliations as required for General Expense Accrued Liabilities.
  • Manage Everlink’s annual financial audit with key responsibilities concerning Cash, operating expenses, CAPEX and taxation.
  • Oversee the preparation of Financial Statements, including Notes Preparation for the Audited Financial Statements.
  • Oversee any upgrades and augmentations to Everlink’s accounting systems.

Team

This is a people manager role.

About You

Education & Experience Requirements

  • Bachelor’s Degree or higher, including a Master of Business Administration, preferably with a major in Accounting and/or Finance.
  • Preference will be given to candidates with a recognized accounting designation (CPA).
  • The designated individual is current in their continuing education requirements of said designation and continues to keep their relevant skill set up to date.
  • Experience managing a team of 1 to 3 individuals.
  • Experience in the financial and/or IT industry as it relates to their role is preferred.
  • 5 to 7 years in general accounting, with experience in Revenue and Operating Expense, Accounting and Balance Sheet Accounts within the payments or technology industry.
  • 5 to 7 years working with month-end accounting, including preparation of monthly and annual financial statements.
  • Experience with a timekeeping system such as Replicon.
  • Experience with accounting for Fixed Assets and Intangible assets.
  • 3+ years of experience with computerized accounting programs such as MS Great Plains, Peoplesoft, Oracle, JD Edwards, etc.
  • Experience in oversight of accounts payable automation systems (Beanworks, Concur).

Skills and Abilities

  • Intermediate to Advanced Microsoft Office experience, primarily with MS Excel, MS Word, and possibly MS PowerPoint.
  • Strong Excel experience, including Pivot Tables and linked spreadsheets.
  • Strong mathematical aptitude and attention to detail.
  • Strong written and verbal communication skills.

You also are able to build professional business relations within and outside the organization. These skills, paired with your strong commitment to customer satisfaction and teamwork and your ability to work collaboratively with other internal stakeholders, make you the ideal candidate for this opportunity.

What We Offer

  • Competitive compensation
  • Flexible working environment and office hours
  • Opportunities for professional learning, growth, and career advancement

Interested candidates are encouraged to send their resumes to Careers@Everlink.ca.

The deadline to apply is August 31, 2024.

Everlink is committed to eliminating barriers and improving accessibility to our workplace for persons with disabilities promptly and in a manner that respects their dignity, independence, integration, and equality of opportunity. Everlink has an accommodation process in place and provides accommodations for employees with disabilities. If you require an accommodation during the interview process, we will work with you to accommodate your needs.

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