Bilingual Financial Accounting Analyst

Company: Direct IT Recruiting Inc.

Location: Toronto

Status: Permanent

Job Reference No: 593

Job Category: Accounting, Financial

Career Level: Entry Level

Number of Staff to Supervise: N/A

Work Experience: Bilingual (French, English), 0-2 years of experience in accounting, Degree in Commerce, Economics or Business Administration, SQL Queries, Advanced Excel, VBA

Industry: Financial

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Bilingual Accounting Analyst  

 

Job Title: Bilingual Accounting Analyst

Company: Direct IT Recruiting Inc.

Location: Toronto, Ontario

Status: Permanent

Job Category: Financial

Career Level: Entry Level

Work Experience: Bilingual (French, English), 0-2 years of experience in accounting, Degree in Commerce, Economics or Business Administration, SQL Queries, Advanced Excel, VBA

Industry: Financial

                               

DESCRIPTION:
The Bilingual Accounting Analyst is a key member of the team, and is responsible for ensuring the quality, accuracy, and timeliness of actioning required accounting and/ or processing of receipts, disbursements and expenses, within expected turn-around times to meet deadlines.

 

The incumbent is required to perform numerous portfolio accounting functions including journal entries, account reconciliations, invoicing and billing, disbursements and client repayments.  As a result the incumbent is required to have good working knowledge of established accounting standards, procedures and a strong appreciation for internal controls of the company. 

 

In fulfilling the role, the incumbent must work closely with Accounting colleagues, the Accounting and Finance management team and various leaders within the organization.

 

In addition, the incumbent will also participate in various projects and is expected to provide a high standard of customer service.

 

ACCOUNTABILITIES:

- Responsible for the accurate, timely, and proper accounting and administration of a portfolio assigned accounts. 

- For client accounting this would include: accounting and support for client loans and investment accounts (terms, operating lines, leasing, subordinated, equity investments, non-performing loans, syndication financings, and other special loans & investments).  For corporate accounting, this would include Accounts Payable, Account receiveable, Employee related expenses and benefits; Taxes; bank reconciliations, etc…

- Assuming responsibility for the full accounting administration of assigned (client and or corporate) accounts which includes: recording new financing, preparing disbursements, monitoring cash flow, processing client billing and repayments, calculating loan payout amounts, processing audit confirmations, determining interest calculations, and recording amendments, GL reconciliations, A/P, A/R, Journal entries, etc…

- Recording and maintaining sub-ledger and general ledger transactions by ensuring accurate, timely, and complete processing

- Maintaining an up-to-date strong knowledge of the accounting applications and the guidelines published on the internal website and those set out in the Term Financing, Leasing, and Equity manuals as needed to handle account administration matters.

- Performing various other general accounting duties as assigned which may include bank reconciliations, financial reports for management, review of bank accounts, reconciliations, and other financial analysis;

- Preparing monthly, quarterly, and annual reporting for the organization

- Liaising with Finance, Taxation, Executives, external and internal auditors and others as required providing and obtaining information.

 

- Maintaining the operation of the portfolio applications:

- Completing all the daily, monthly, quarterly, and annual processing and ensuring all the reporting is printed and completed

- Actively identifying possible procedural efficiencies in an effort to streamline processes

- Participating in system changes, maintenance, testing, and implementation of enhancements to loan portfolio applications

- Providing technical support to ensure the enquiries from Business Line, District Offices and from Executive team are responded to in a timely and accurate manner. Knowledge of SQL queries is essential.

- Running the day end and monthly system process

- Maintaining Chart of Accounts in the portfolio receivable systems

- Maintaining and keeping all tables up to date within the systems i.e. rates

- Working on special projects as assigned

 

- Support Accounting Team and Manager by:

- Providing excellent teamwork in assisting the entire accounting group to meet various deadlines which include: client billing periods, month-ends, quarter-end and submission of information to management

- Working with Corporate accounting group on preparing/reviewing reporting to various internal partners

- Working with Manager, Client Accounting and Senior Analysts in training of Client Service Groups on best practices and procedures that would improve collaboration with business line operations and District Offices

- Contributing to effective team morale and employee relations through positive interaction with team members and participation in activities such as team meetings

- Assisting with audits and implementing internal control procedures

 

- Provide excellent customer service by:

- Responding quickly and accurately to inquiries from Management, support units, customers, suppliers and other departments

- Resolving transaction issues in accordance with Service Standards and/or escalating when necessary

- Maintaining the confidentiality of information and ensuring security of data and applications

- Ensure that all reporting deadlines are met