Accounting Associate

2 weeks ago

Whitby, Canada Elexicon Energy Inc. Full time

Elexicon Energy is the fourth-largest municipally owned electricity distributor in Ontario. Our mission is to provide our customers with reliable, affordable energy services and to continuously improve to meet their needs, while ensuring the needs of our shareholders are met through sustainable growth.

WHY JOIN OUR TEAM?

At Elexicon Energy we believe in living and leading our values through our daily actions. Our people are passionate about what they do and are engaged in day-to-day operations, projects and initiatives to support Our Why of empowering the communities we serve and helping customers create the possibilities that energize their future. This is an exciting time to join our growing team as we develop the strategies and plans to support a new brand and vision for customer centricity and operational excellence

This position initially reports to the Accounting Supervisor at the Whitby location and is responsible for activities as follows:
DUTIES AND RESPONSIBILITIES
- This position is responsible for the processing and payment of all Accounts Payable invoices, journal entry processing, account reconciliations and various analyses and reporting as required.
- Analyze and reconcile general ledger account working papers required by auditors for ongoing and annual audit. This includes but is not limited to bank reconciliations and compiling information required for cash flow analysis.
- Classify accounting and financial transactions and prepare original and adjusting general ledger and sub-ledger journal entries and accruals based on understanding of Company Policies and Procedures, General Accounting Practices and OEB Uniform System of Accounts.
- Liaise daily with other internal Elexicon departments and work groups regarding financial related issues.
- Assist in and participate as a team member in specialized project related work, as well as, business process changes, various system implementations and upgrades. This may require working with external consultants and other internal departments for testing, validating data and processes, assisting in and table setups and process documentation.
- Match and process inventory invoices for inventory items in a timely manner to ensure the accuracy of inventory average pricing.
- Verify the accuracy of all invoices to purchase orders and liaise with the Purchasing department to troubleshoot any price variances and quantities actually received for correct remittance or payments.
- Investigate discrepancies in Accounts Payable month end report. Analyze Accounts Payable postings to General Ledger totals.
- Setup and maintain electronic banking information files, as well as accurate vendor records to facilitate payments.
- Direct, assist and respond to all departments by providing financial transaction details and resolve problems that have occurred involving accounts payable.
- Other duties as required may be considered part of the responsibilities.

KEY SKILLS & QUALIFICATIONS
- Knowledge of Ontario Energy Board Accounting procedures would be an asset
- Strong knowledge of Canadian GAAP and IFRS; and accounting concepts and principles.
- Ability to work with mínimal supervision
- Strong organizational and time management skills.
- Strong analytical skills.
- Excellent written and verbal communication skills
- Good working knowledge of spreadsheet software and the ability to develop models and/or databases for use in analysis.
- Solid mathematical and analytical skills
- Experience working in a fast paced and changing environment
- Able to adapt quickly to new situations
- Detail orientated and ability to function as a team player
- Enrolled, pursuing or completed a Chartered Professional Accountant (CPA) designation is an asset

MINIMUM REQUIREMENTS
- 3-year College Diploma with a focus in accounting or finance
- Minimum 3-5 years accounting and finance experience

**Our Commitment to Diversity, Equity, Inclusion and Belonging**:
Elexicon Energy embraces and celebrates our collective diversity. We are committed to fostering an inclusive, diverse and equitable workplace built on respect, support and collaboration.

We thank all applicants; however, only those to be considered will be contacted.

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