Financial Analyst I

4 days ago

Remote, Canada Bausch + Lomb Full time

**Bausch + Lomb Corporation, (NYSE/TSX**: BLCO), is solely dedicated to protecting and enhancing the gift of sight for millions of people around the world from the moment of birth through every phase of life. Our mission is simple yet powerful: Helping you see better to live better.

The company is one of the best-known and most respected healthcare brands in the world, offering the widest and finest range of eye health products including contact lenses and lens care products, pharmaceuticals, intraocular lenses, and other eye surgery products.

Our highest priority is the well-being of the people we serve. By listening to our customers and patients, by constantly honing our innovation edge, by executing with integrity and excellence, we strive to earn the trust of our partners and stakeholders.

Over the last 167 years, Bausch + Lomb has become a global hallmark for innovation and quality. Our talented and motivated colleagues work relentlessly to invent new materials, engineer new technologies, and ultimately bring new innovations to help people see better to live better.

**Job Title**: Financial Analyst I

**Reports To**: Manager, General Accounting

**Location**: Vaughan, Ontario

**Position Summary**:
The Financial Analyst, reporting directly to the Manager, General Accounting is responsible for processing monthly, quarterly, and annual accounting activities. In this role, the incumbent will record accruals, reallocations of expenses by line of business and prepare month end inventory entries. They will also participate in special projects and ad-hoc analysis to support business goals.

**Responsibilities**:
Perform general accounting activities such as recording journal entries, analyzing financial variances, and preparing balance sheet reconciliations while ensuring that proper accounting policies are followed

Prepare month end inventory entries (in-transit inventory, obsolescence and excess inventory provisions, intercompany mark-up, purchase prices variances, etc.)

Ensure intercompany balances related to inventory are reconciled/balanced monthly

Account for deductions by product (surgical rebates, cash discounts, returns, trade spend, etc.)

Participate in monthly, quarterly, and year-end closings including analyzing trends/variances

Record and follow up on monthly accruals

Perform frequent uploads of all accounting records into consolidation system during month-end

Record the reallocation of expenses by line of business

Coordinate the collection of relevant documents to either the external or internal auditors

Work closely with other departments (Ops, Sales, Supply chain,) as well as outsourcing parties

Prepare Statistics Canada reports

Prepare and declare GST/HST/QST/etc. reports for all the appropriate government agencies

Other relevant task

Perform various analysis requested by supervisors

CPA designation preferred or relevant work experience

University degree in Finance or Accounting

**Advanced Microsoft Excel skills (e.g., Pivot tables, formulas**: vlookup, sumifs, concatenate, right/left, etc.)

Knowledge of SAP an asset

Demonstrate strong organizational skills, engagement, versatility, thoroughness, and autonomy

Strong communication skills (in writing and verbal)

Must work efficiently in high pressure situations

Ability to work as a team

**Competencies**:
Executing for Results

Ability to recognize and maximize opportunity on behalf of the organization

Goal-oriented, project-oriented, and achievement-oriented

A demonstrated commitment to excellence

Setting Strategy

A strategic thinker that can forge a vision for success and engage others to support that vision

Ability to recognize, embrace and exploit emerging technologies/opportunities to gain a competitive marketing advantage

Leadership

Drive, coupled with energetic, entrepreneurial leadership qualities

Promotes innovation and continuous learning

Building Relationships and using Influence

Creates value for the customer and focuses on the external environment

Ability to manage the matrix and deal with ambiguity, including strong emotional intelligence and communication skills that facilitate decision making and execution

Strong collaborative skills

**Personal Qualities**:
Takes initiative (one step ahead), perseveres, strong character

**Calculated risk-taker**: understands consequences and makes the right calls based on them

Entrepreneurial, adaptable, flexible

“Roll up Sleeves” attitude, practical, efficient

Goal-oriented, data based, decisive

Open minded; seeks “out of the box” solutions

Strong interpersonal skills. Team player; collaborative

Personal and professional integrity

The masculine is used in this publication without prejudice for the sake of conciseness.

Bausch & Lomb is committed to equal employment opportunity and complies with equal employment opportunity laws in effect wherever it operates.

We are an equal opportunity employer. Minorities, women, veterans, and individuals

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