Financial Operations Specialist

1 month ago

Toronto, Ontario, Canada Momentum Financial Services Group Full time
Job Description

Momentum Financial Services Group is a leading provider of financial services in North America. We are seeking a skilled Financial Operations Specialist to join our team.

About the Role

This role will be a critical member of our global corporate accounting team, managing and recording bank activity, securitization, debt, and intercompany transactions. The successful candidate will contribute to the month-end close, balance sheet account reconciliations, maintaining sound internal controls, adherence to GAAP, assist with audit support, and interfaces with business partners including US and Canadian operations, FP&A, Tax, Treasury, and other departments.

Key Responsibilities
  • Perform proper accounting methods, policies, and principles when booking journal entries for cash transactions, interest, debt-related activities, intercompany, and other financial events.
  • Maintain a working knowledge of legal entity structure and manage intercompany reconciliations and eliminations.
  • Prepare timely reconciliations by collecting details from various sources (bank statements, AP registers, accounting details) to reconcile transactions and identify unreconciled items to be investigated.
  • Investigate all variances or unknown transactions within reconciliations to determine the proper accounting entry.
  • Ensure the integrity of accounting information through timely journal entry preparation, variance analyses, and resolution of account variances.
  • Maintain a positive working relationship when addressing problems and providing solutions.
Requirements

We are looking for an individual with 2+ years of general accounting experience, bank reconciliation experience, and journal entry preparation experience. A post-secondary education in Accounting is required, and an Accounting degree is preferred. Additionally, strong Microsoft Excel skills, including pivot tables, vlookups, and filtering, are essential. Familiarity with Oracle ERP system, Kyriba (treasury workstation), and Hyperion Financial Management is a plus.

What We Offer

Momentum Financial Services Group offers a competitive salary range of $60,000 - $80,000 per year, depending on experience. We also provide a comprehensive benefits package, including medical, dental, and vision coverage, as well as a generous retirement plan. Our company culture values diversity, equity, and inclusion, and we are committed to accommodating applicants with disabilities up to the point of undue hardship during the recruitment process.

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