Financial Analyst for Project Management

5 days ago

Ottawa, Ontario, Canada ProSlide Technology Inc. Full time

About ProSlide Technology Inc.

We are seeking a highly skilled Financial Analyst to join our team at ProSlide Technology Inc. in Ottawa, ON. The successful candidate will be responsible for full-cycle accounts receivable, project reporting, and day-to-day accounting functions.

Job Description

The Financial Analyst will be responsible for:

  • Issuing invoices for projects on an as-needed basis based on billing milestones and discussions with project managers.
  • Receivables management, including actively following up on outstanding receivables and flowing information into rolling cash flow forecasts.
  • Ensuring project financial data is accurately reflected in monthly, quarterly, and annual financial statements.
  • Monitoring project budget performance versus actual spend and providing variance analysis relating to spend and margin.
  • Reviewing project financials for incorrect cost allocations and verifying cost accuracy of projects.
  • Inputting and maintaining budget and forecast data for multiple projects through the project life cycle.
  • Actively participating in post-project reviews and identifying project performance trends, providing financial feedback to key stakeholders in interdepartmental groups.
  • Attending project kickoff meetings to understand payment terms and contract details, weekly WIP meetings for project status updates, and monthly margin sheet meetings to review project financials.
  • Forecasting monthly project revenue to assist management and sales with decision-making and maintaining annual budget goals.

Treasury Management Responsibilities

The Financial Analyst will also be responsible for:

  • Increasing accuracy of corporate cash flow forecast to help assist with solid commitments of payment dates to suppliers.
  • Working with interdepartments and banks on timely and accurate issuance of LCs and liaising with stakeholders on LC submissions.
  • Working with clients, banks, and credit facilities on issuance of bank guarantees per contractual agreements and streamlining cash flow.

General Accounting Responsibilities

The Financial Analyst will be responsible for:

  • Performing general ledger transactions, journal entries, and liaising with other departments to maintain accurate financial data.
  • Assisting management in developing and implementing policies, processes, and procedures to ensure proper accounting function and financial documentation.
  • Reconciling and analyzing balance sheet accounts and playing a key role in month-end close process, including multi-currency bank reconciliations.

Requirements

To be considered for this position, you must have:

  • A minimum of 3-5 years of related accounting experience (project accounting experience an asset).
  • Strong knowledge of accounting practices and procedures.
  • Strong analytical and MS Excel skills (essential).
  • Experience with Sage300 or equivalent accounting system (an asset).

About the Opportunity

This is a unique opportunity to join a dynamic team and contribute to the success of ProSlide Technology Inc. We offer a competitive salary and benefits package, including a minimum salary of $60,000 per year, depending on experience. If you are a motivated and detail-oriented individual with a passion for finance and project management, we encourage you to apply.

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