Financial Analyst
2 days ago
Join our globally growing team at ATS Industrial Automation where we create complex automation solutions at the highest level that sustainably impact lives around the world.
At ATS, a publicly traded global company with a proud 40-year history, we help drive the future with our factory-wide automation solutions. At ATS Industrial Automation, what we do matters - both to our customers and to their customers. With 600 skilled employees around the world, we design, build and service mission-critical automated assembly and test solutions for mobility, nuclear and specialty automation. Our customers are leaders in their industries and rely on us to deliver what we promise - on time and on budget. Combined with our broad product portfolio, financial strength and global presence, we provide our customers with the best automation solutions wherever and whenever they need them.
**Major Duties**:
- The Financial Analyst is responsible for financial reporting and division risk management responsibilities including financial, safety, legal, information technology, and overall business performance.
- Assure effectiveness of internal controls and compliance with current international financial reporting standards (IFRS) government regulation
**Specific Responsibilities**:
- Accurately prepare the monthly financial reporting package and supporting analyses on a timely basis. This includes ensuring divisional financial results and variances to plan are adequately explained and areas of risk identified.
- Prepare journal entries and account reconciliations along with other month end closing activities.
- Maintain fixed asset ledger and administer the capital additions and dispositions processes.
- Prepare quarter end and year end audit working papers.
- Prepare weekly cash flow forecasts.
- Provide foreign exchange hedging recommendations based on cash flow analyses and forecasts.
- Plan and coordinate the preparation of annual budgets for the division.
- Consolidate divisional plans into an annual segment plan.
- Analyze and report on labor utilization and provide recommendations for improvement.
- Review financial results and provide recommendations on potential cost savings opportunities.
- Provide supporting financial analyses for business partners as required.
- Comply with all ATS Company policies.
- Other duties as assigned.
- Administer of ASG Shared Sales & Marketing Program
- Prepare and distribute monthly department expense reports and ensure and the accuracy of the reports
- Respond to inquiries from department heads and perform required analysis
- Assist in collection of Accounts receivable
- Ensure that all business activities are performed with the highest ethical standards and in compliance with the ATS Code of Business conduct
- Adhere to all the health and safety rules and procedures
**Qualifications**:
**Education**:
- College diploma /Bachelor’s degree in business or accounting.
- Working towards the CPA designation
**Experience**:
- Minimum of 2 years of accounting / auditing experience
- Advanced Excel skills required; JD Edwards experience is an asset
- Must be hands-on, detail and results-oriented and able to consistently meet deadlines.
- Communicates effectively with people at all levels of the organization both verbally and in writing.
- Ability to work independently or as part of a team
- Strong analytical, financial reporting and accounting skills
- Exposure to a manufacturing or job cost accounting environment is preferable
**_ Join our ATS Industrial Automation Team because:_**
- **_ We VALUE our People_**_: The foundation of a great company is having the best team which is why we continuously work to develop, engage, empower and energize our people._
- **_ We’ve got GREAT Work Perks_**_: We provide a variety of perks to our employees. Make sure you ask more about our treat days, free gourmet coffee beverages, employee referral bonus and onsite cafeteria._
- **_ We offer COMPETITIVE Total Rewards_**_: Competitive starting salaries, overtime pay eligibility, paid vacation, Employee Incentive Bonus program, comprehensive health and dental benefits including Lifestyle Spending Account, RRSP matching program and optional Employee Share Purchase Program._
- **_ We support internal GROWTH & DEVELOPMENT_**_: ATS Automation offers endless opportunities for professional growth and development. Ask about our tuition reimbursement program and our commitment to promoting from within._
ATS is in compliance with the Accessibility for Ontarians with Disability Act (AODA), 2005 and will, upon request, assist those who may require specific accommodations due to a personal disability. We would ask that those who require assistance to notify our offices as soon as possible if accommodation is necessary.
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