Financial Analyst (3 Months Contract)

Magellan•Mississauga, ON

2d•CA$35 - CA$45•Onsite

About The Position

Magellan Aerospace is looking for a Financial Analyst to join our Corporate team. The successful incumbent will be responsible for accounting and financial reporting of corporate entities and treasury reporting, and assist in group consolidation and reporting, budgeting and forecasting. Reporting to the Assistant Controller and Director of Financial Services, the Financial Analyst will build relationships with the other teams and divisions and providing ad-hoc analysis. Please note this is a 3 months contract with the possibility of an extension.

Requirements

University degree in Accounting, Finance or equivalent
Professional designation or working towards a professional designation
3-5 years of experience in financial accounting, reporting and analysis
Strong analytical skills and an effective communicator
Deadline driven, strong attention to detail and efficiency oriented with continuous improvement mindset
Proficient in Excel and other MS Office applications
Ability and willingness to take ownership and responsibilities of projects

Nice To Haves

Knowledge and experience with Sage 50, Prophix or other accounting software would be an asset

Responsibilities

Responsible for accurate financial records of corporate companies, including recording transactions and preparing account reconciliations
Prepare and analyze monthly financial statements for corporate companies in a timely manner, including departmental expense reporting.
Assist in the monthly consolidation process, including intercompany eliminations and preparing files for import into the consolidation system.
Prepare quarterly and annual audit working paper for the external auditors, including note disclosures supports
Assist in budgeting and monthly forecasting processes, including preparing back-up schedules, performing analytical reviews and preparing the consolidated forecast
Responsible for daily cash accounting and reporting, including performing daily cash reconciliation and intercompany reconciliations
Coordinate and process the settlement of inter-company transactions on a monthly basis, and intercompany funding transactions as they arise
Prepare divisional and consolidated cash analysis and reports (AR, AP, CAPEX, borrowing and investing)
Execute day-to-day banking operation and resolve issues as they arise
Participate in team initiatives to implement process improvements for financial reporting and treasury
Complete Statistic Canada and Bureau of Economic Analysis surveys
Assist with special, on-off projects.