Senior Financial Analyst

2 weeks ago


Whitby, Canada Elexicon Energy Inc. Full time

About Elexicon Energy Inc.

Elexicon Energy Inc. is a leading provider of electricity distribution services in Ontario, committed to delivering reliable and affordable energy solutions to its customers.

We are currently seeking an experienced Senior Financial Analyst - Asset Management to join our team. In this role, you will be responsible for providing financial analysis and planning support to the asset management team, ensuring the effective management of our assets and resources.

Job Summary

The Senior Financial Analyst - Asset Management will report to the Manager, Capital Assets and will be responsible for:

  • Classifying accounting and financial transactions, preparing general ledger and sub-ledger journal entries, and reconciling ledgers to accounts;
  • Calculating expenses, analyzing variances, and preparing adjusting entries;
  • Generating and analyzing financial reports using information technology applications, spreadsheets, and databases;
  • Assisting Accounting Associates with resolving problems related to accounts receivable, payable, bank reconciliation, cash processing, and posting entries;
  • Participating in specialized project-related work, business process changes, system implementations, and upgrades;
  • Providing recommendations to ensure controls are adhered to;
  • Maintaining property and asset account records using Microsoft Dynamics Fixed Asset module;
  • Administering Property Taxes, Assessments, PILS, and Accruals for all properties;
  • Compiling, entering, and verifying data, preparing monthly inter-company billing, and associated journal entries;
  • Analyzing financial records for capital and customer projects against estimates and making applicable adjustments;
  • Preparing and submitting claims such as HST and other remittances to government agencies;
  • Administering the corporate credit card program, reconciling monthly billing, and ensuring compliance with the Purchasing Policy;
  • Preparing and updating the cash flow forecasting document on a regular basis;
  • Reconciling quarterly and year-end reports and other Treasury-related spreadsheets;

Requirements

To be successful in this role, you will require:

  • A 3-year College diploma with a focus in accounting or finance;
  • Minimum 5-7 years of accounting and finance experience;
  • Proficient in Microsoft applications (Word, Excel, Outlook, etc.);
  • Good working knowledge of spreadsheet software and the ability to develop models and/or databases for use in analysis;
  • Solid mathematical and analytical skills;
  • Enrolling, pursuing, or completing a Chartered Professional Accountant (CPA) designation is an asset;
  • Knowledge of Ontario Energy Board Accounting procedures is an asset;

Compensation and Benefits

This is a full-time position offering a competitive salary range of $80,000 - $110,000 per annum, depending on experience, plus benefits including health, dental, and vision coverage, RRSP matching, and paid time off.



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