Accounting Student Intern

2 days ago

Mississauga, Canada Morguard Full time

**PURPOSE**

The Accountant is accountable to the Manager, Accounting for the timely and accurate completion of various accounting activities for an assigned portfolio of real estate investments and for ensuring financial reporting is timely, accurate, is completed in compliance with company’s accounting policies and procedures.

DUTIES AND RESPONSIBILITIES

**1. General **Accounting**
Responsible for maintenance/oversight of the day-to-day general ledger transactions, including drafting and input of journal entries, liaising with other departments, accountants, managers, controllers in order to maintain an accurate and transparent accounting process. Where outside managers are contracted, assists/manages the upload of accounting files received from the outside into Morguard’s accounting system.

**2. Financial Reporting**
Prepares and reviews a variety of financial reports/statements including but not limited to the monthly/quarterly financial statements and related reporting packages, exception reports, annual budget and forecast, to ensure completeness and accuracy of head office transactions as well as the completeness, accuracy & integrity of statements/reports.

**3. Reconciliations and Compliance Processes**
Prepares and when assigned, reviews monthly/quarterly accounting, compliance and vendor/tenant reconciliations and in addition to identifying any discrepancies works with the appropriate individuals to resolve to ensure completeness, accuracies, and integrity of statements. Participates in the filing of regulatory documents.

**4. Cash Management**
Analyzes and monitors cash requirements for mortgages, development projects, capital expenditures, distributions, acquisitions, dispositions, and any other capital cash requirements, in addition to liaising with management staff and, as directed, with external banking partners to resolve any other cash requirements. Assists with the mortgage refinancing program as required, including the preparation of mortgage/bank line covenant requirements to external parties in adherence with relevant due dates.

**5. Budgeting/Reforecasting and Variance Analysis**
Provides assistance, where necessary, the annual budget and periodic re-forecasting processes, including variance analysis.

**6. Support to Quarterly/Annual Audit Process**
Assists with the audit processes through the preparation and compilation of the working papers and financial statements in addition to helping resolve external audit queries.

**7. Other Corporate Accounting Duties**
Assists or completes ad hoc projects assigned by Manager or Comptroller (ex. assisting with the research, development and implementation of emerging technical accounting requirements or processes) to ensure that the corporate finance group is complying with current standards and is prepared for any changes to such standards in the future.

Any other job related duties and/or projects that may be assigned.

**MINIMUM REQUIREMENTS**
**Skills, Knowledge, Experience and Education**
- University Degree/ College Diploma in Accounting or Business Administration or equivalent
- Enrollment in a CPA program is an asset

**Core Competencies**
- Good communication skills (both written and verbal)
- Good analytical skills
- Good organizational skills
- Attention to detail

**ADDITIONAL REQUIREMENTS**
- General understanding of Canadian GAAP and IFRS is an asset
- Career plan to obtain CPA designation is an asset

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