Financial Analyst I

Bausch+Lomb Companies Inc.CAN-OT-Toronto, AB
CA$70,000 - CA$90,000Hybrid

About The Position

Bausch + Lomb (NYSE/TSX: BLCO) is a leading global eye health company dedicated to protecting and enhancing the gift of sight for millions of people around the world—from the moment of birth through every phase of life. Our mission is simple, yet powerful: helping you see better, to live better. Our comprehensive portfolio of over 400 products is fully integrated and built to serve our customers across the full spectrum of their eye health needs throughout their lives. Our iconic brand is built on the deep trust and loyalty of our customers, established over our 170-year history. We have a significant global research, development, manufacturing, and commercial footprint of approximately 13,000 employees and a presence in approximately 100 countries, extending our reach to billions of potential customers across the globe. We have long been associated with many of the significant advances in eye health, and we believe we are well-positioned to continue leading the advancement of eye health in the future.

Requirements

  • University degree in Finance or Accounting
  • Advanced Microsoft Excel skills (e.g., Pivot tables, formulas: VLOOKUP, sumifs, concatenate, right/left, etc.)
  • Demonstrate strong organizational skills, engagement, versatility, thoroughness, and autonomy
  • Strong communication skills (in writing and verbal)
  • Must work efficiently in high-pressure situations
  • Ability to work as a team

Nice To Haves

  • CPA designation preferred or relevant work experience
  • Knowledge of SAP is an asset

Responsibilities

  • Perform general accounting activities such as recording journal entries, analyzing financial variances, and preparing balance sheet reconciliations while ensuring that proper accounting policies are followed
  • Prepare month-end inventory entries (in-transit inventory, obsolescence and excess inventory provisions, intercompany mark-up, purchase prices variances, etc.)
  • Ensure intercompany balances related to inventory are reconciled/balanced monthly
  • Account for deductions by product (surgical rebates, cash discounts, returns, trade spend, etc.)
  • Participate in monthly, quarterly, and year-end closings, including analyzing trends/variances
  • Record and follow up on monthly accruals
  • Perform frequent uploads of all accounting records into the consolidation system during the month-end
  • Record the reallocation of expenses by line of business
  • Coordinate the collection of relevant documents for either the external or internal auditors
  • Ensure the correct application of SOX controls in effect (Data extraction, report preparation, control validations, and gathering of documentation)
  • Work closely with other departments (Ops, Sales, Supply chain) as well as outsourcing parties
  • Prepare Statistics Canada reports
  • Prepare and declare GST/HST/QST/etc. reports for all the appropriate government agencies
  • Other relevant task
  • Perform various analysis requested by supervisors

Benefits

  • Accommodations for job applicants with disabilities are available on request.
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