Financial Analyst

Job title: Financial Analyst

Company: Fed Finance

Job description: Reporting to the Senior Chief Accountant, the Financial Analyst is responsible for certain positions in the financial statements, analyzes and transactions related to inventory, costs and the exchange rate.

• Track inventory transactions in the system.
• Analyze warehouse inventory movements and their accounting impacts.
• Track inventory reserve calculation for Leviton standards and for tax purposes.
• Ensure the maintenance of item costs in the system.
• Reconcile and analyze the discrepancies between the various inventory reports in the system and the General Ledger balances.
• Analyze the impacts of the exchange rate on inventory transactions.
• Analyze cost of sales variances with standard costs on a monthly basis.
• Track direct shipments from factories to customers, inventory in transit.
• Follow up on the inventory ”PO” report on a monthly basis and close unused POs if necessary.
• Prepare the net price report for carrying out the inventories.
• Assist in the preparation of monthly financial statements for inventory items.
• Prepare the agency commission report for the lighting department.
• Prepare, record and analyze fixed assets on a monthly basis and compare to the ”CAPEX” Budget.
• Prepare bank reconciliations in Canadian and American currency.
• Participate in the preparation of regional financial statements.
• Analyze different balance sheet and expense accounts monthly.
• Prepare various journal entries and adjustments.
• Communicate financial information to the various directors, if required.
• Participate in the year-end audit.
• Participate in the budget process for various expense items.
• Bachelor’s degree in accounting , CPA designation an asset.
• 2-3 years of relevant experience; sales, distribution and / or manufacturing sectors an asset.
• In-depth knowledge of accounting principles and practices.
• Proficiency in laws, legal codes and government regulations.
• Good knowledge in the implementation of accounting systems.
• Very good command of the Microsoft Office suite (Excel) and knowledge of Oracle software.
• Possess good financial judgment, ability to prioritize and possess strong problem-solving skills.
• Interpersonal and communication skills (French and English).

Expected salary: $65000 – 72000 per year

Location: Montreal, QC

Job date: Wed, 31 Mar 2021 22:58:57 GMT