Financial Analyst - Toronto, Canada - Aversan

Aversan

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

FINANCIAL ANALYST:

Financial Analyst to
***work on leading edge technology products

Location:
Toronto, ON (Hybrid)

RESPONSIBILITIES:

Prepare and coordinate of the monthly internal financial reporting package for Management review.
Prepare quarterly tax provision and Income Tax package for Annual Corporate return.
Perform Balance Sheet account reconciliations (must provide analytical insight that supports conclusions).
Preparation of monthly Income Statement comparison of Actuals to Budgets (variance analysis).
Preparation of monthly variance analysis of Balance Sheet to budget and forecast (must provide relevant financial information to decision makers).
Actively supports the daily, weekly and monthly internal reporting requirements for treasury, regular cash reporting.
Preparation of monthly Operation Cash Flows (OCF) actual, forecast and budget.
Monitor daily cash requirements & borrowing needs indepth knowledge of banking systems and payment processes understanding inflows & outflows, business cycle & reports against it (indebtedness, solvency, working capital, cash flow production).
Responsible for monitoring of the hedging program

- perform foreign exchange trading and transactions, maximizing trading revenue where possible; report on exposures - analyzing and developing action plans to address exposures.

Execution of exchange rate guarantees, forward contracts and swaps as applicable.
Active support in the management and execution of customer contract guarantees participation in risk assessment and coordinating guarantees for bids on projects bonds, credits, needs of parent company, export, and bankers.
Ensuring compliance with Group's procedure in terms of contract bonds and guarantees support in implementing internal procedure for the corporation.

BASIC QUALIFICATIONS: