financial analyst
Posted on May 10, 2024
by
Employer details
PWO Canada Inc
Job details
*OUR COMPANY*
PWO Canada is a Tier 1 and Tier 2 supplier for auto manufacturers globally. We are one of five subsidiaries in the PWO AG Group, manufacturing lightweight metal components for the automotive industry.
*PURPOSE OF POSITION*
The Financial Analyst will support the Finance and Controlling Director by performing a range of accounting functions related to accounts receivable, accounts payable, and fixed assets, and will play a vital role in completing analysis, reconciliations and general journal entries for month end closing. The role will also provide backup to the Accounts Payable Administrator, and will support other functions within the department, as required.
*NATURE AND SCOPE OF POSITION*
The position will problem-solve with all PWO personnel, customers, and vendors when documentation clarification is required. The incumbent must be able to prioritize and organize work, especially at month and year-ends. External contacts may include customers, bank personnel, and financial auditors. Major challenges include finding information that is the responsibility of other departments (i.e. Sales, Quality Services, Maintenance, Logistics, Shipping and Receiving). Decisions made by the position impact the department in the short term.
*QUALIFICATIONS*
*Education: *A University/College degree in Finance or Accounting is required.
*Knowledge and Skills: *Highly analytical person with ability to recognize important information and identify risks and with problem solving skills. Strong organizational skills with excellent attention to detail. Proficient in both independent and team-based work. Enthusiastic about improving and automating system processes.
Proficiency in MS Office, particularly Excel (intermediate/advanced) and PowerPoint, is required. Knowledge of Power BI will be viewed as an asset. Hands-on experience with SAP ERP system is an asset. Good knowledge of financial accounting is required. Strong presentation skills will be viewed as an asset. Great interpersonal skills are required in order to balance multiple priorities and problem-solve issues with customers, accounting, management and sales.
*Communication Skills:* Strong oral and written communication skills are required for normal business and technical communication.
*Nature and Length of Experience:* The ideal candidate will have at least 1-2 year?s experience in a finance or accounting position, preferably within an automotive manufacturing environment.
*RESPONSIBILITIES*
* Responsible for gathering, analyzing financial data, generating financial reports and statements.
* Play an active role in the month end/year end closing process, ensuring that closing tasks such as journal entries and reconciling entries are completed with high quality and in a timely manner. Prepares account reconciliations for several GL accounts.
* Performs analytical and reporting tasks when required.
* Reconciles customer?s payments to their open accounts receivable and enters payments into the SAP system.
* Investigates any discrepancies between payments received and the applied invoices.
* Identifies overdue accounts and completes necessary follow-up and collection on outstanding accounts.
* Uses pro-active approach for minimizing receivables collection time as well other opportunities for process improvements.
* Issues electronic and cheque payments to suppliers twice per month.
* Responsible for matching supporting documents and posting Visa statements.
* Reconciles multiple bank accounts in order to ensure the general ledger accounts balance with the bank statement.
* Maintains the fixed assets system by classifying and allocating capital expenditures. Ensures that all capital expenditures are correctly assigned to an investment project as per business plan.
* Prepares filing and remittances for HST, withholding taxes, and other government programs as required.
* Support the annual internal audit, including preparation of audit working papers and respond
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LocationKitchener, ON
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SalaryNot available
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Terms of employment
Permanent employmentFull time
- Start date
Starts as soon as possible
- vacancies
1 vacancy
- Source
indeed.com
#9273983372
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