Financial Analyst, Fixed Assets Specialist
5 days ago
Holt Renfrew is a dynamic and fashion-driven company that offers a unique work environment with opportunities for growth and development. Our company is committed to corporate social responsibility and has partnerships with iconic luxury brands.
As a Financial Analyst, Fixed Assets, you will be responsible for the overall integrity and timely preparation of financial results, associated analytics, and disclosures related to fixed assets. Your knowledge and experience in financial reporting, financial analyses, accounting issues, and audits will be essential in this role.
Key Responsibilities:- Maintain the Fixed Asset subledger in SAP for all legal entities.
- Record all capital transactions, such as creation of new assets, depreciation, disposals, etc., and ensure that all transactions adhere to internal Capex policy and IFRS standards.
- Responsible for fixed-asset related month-end and year-end closing procedures, such as journal entries, balance sheet reconciliations, and continuity schedules.
- Provide guidance with various departments on capitalization rules related to new projects.
- Lead monthly asset review process.
- Responsible for IFRS 16 application, which encompasses reviewing lease documentation, evaluating appropriate accounting treatment of each lease, calculating right-of-use assets and liabilities, preparing financial statement note disclosures, and accounting memos.
- Maintain business process documentation and identify opportunities for efficiencies.
- Act as liaison with external auditors as required during the financial statement audit.
- Prepare operational reports to assist management in evaluating results and/or opportunities.
- Contribute to the overall effectiveness of the team by performing other duties as required.
- Post-secondary degree in Finance or Accounting.
- Professional Accounting Designation (CPA or equivalent).
- 4+ years of relevant financial accounting and reporting experience.
- Experience with SAP and Cognos is an asset.
- Strong analytical, critical thinking, and customer service skills.
- Excellent interpersonal skills; a team player who is able to act as both a leader and an individual contributor as required.
- Confident and effective communication (written & verbal) and interpersonal skills.
- Advanced proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
- Competitive total compensation.
- Generous employee discount.
- Pension and health & dental benefits.
- Tuition assistance.
- Continuous learning and development.
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