Senior Accountant
Toronto
Job Summary:
The Senior Accountant will be a key member of the finance team, reporting directly to the Manager, Accounting. This role is responsible for supporting the day-to-day accounting operations (excluding Revenue Accounting), maintaining accurate financial records, and ensuring compliance with applicable accounting standards.The Senior Accountant plays a critical role in transactional accounting functions, contributing to the integrity of financial reporting, supporting internal controls, and helping to drive operational efficiency across the organization.
Duties & Responsibilities:
- Support monthly, quarterly, and annual financial close processes by preparing and reviewing journal entries, balance sheet reconciliations, and cash flow schedules.
- Ensure compliance with internal accounting policies and external regulations, with a focus on maintaining sub-ledger integrity and accurate reconciliations.
- Identify and contribute to process improvement opportunities to enhance efficiency and support the team’s goal of achieving a five-day close.
- Monitor updates to accounting and auditing standards and assist with implementing necessary changes to maintain compliance.
- Assist with the preparation of audit deliverables and collaborate with external auditors during the annual audit process.
- Contribute to the preparation of financial reporting materials for internal and external stakeholders, including the Audit Committee.
- Assist with documenting key financial processes and controls, helping to maintain the accuracy and completeness of Porter’s internal control framework.
- Support internal control activities to ensure the integrity of financial reporting and compliance with regulatory standards.
- Assist with general ledger maintenance and restructuring activities, including those related to legal entity combinations or reorganizations.
- Prepare ad hoc financial reports and analyses to support management decision-making.
- Collaborate with the broader finance team and other departments to ensure complete and accurate financial reporting.
- Provide guidance and mentorship to junior team members, supporting a culture of accountability and continuous learning.
- Support the accounts payable function, ensuring timely and accurate processing in accordance with company policies.
- Actively participate in Porter’s Safety Management System (SMS) by identifying and reporting workplace hazards and promoting a safe work environment.
Behavioural Competencies:
- Concern for Safety: Identifying hazardous or potentially hazardous situations and taking appropriate action to maintain a safe environment for self and others.
- Teamwork: Working collaboratively with others to achieve organizational goals.
- Passenger/Customer Service: Providing service excellence to internal and/or external customers (passengers).
- Initiative: Dealing with situations and issues proactively and persistently, seizing opportunities that arise.
- Results Focus: Focusing efforts on achieving high quality results consistent with the organization’s standards.
- Fostering Communication: Listening and communicating openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.
Qualifications:
- Bachelor’s degree in Finance, Business, or a related discipline, combined with a CPA designation (near completion is accepted).
- A minimum of 3 years of financial accounting experience; experience in the airline industry or transportation sector is considered an asset.
- Experience in industry having assisted in a financial statement close process.
- Good technical accounting knowledge with a good understanding of Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and consolidated financial reporting.
- Advanced proficiency in Excel with strong foundational skills required.
- Good financial discipline, particularly in the areas of compliance.
- Highly organized, with a strong focus on accuracy, timeliness, and attention to detail.
- Excellent analytical skills, with a strong aptitude for reviewing financial information for accuracy and completeness.
- Proactive and solution-oriented mindset, with the ability to identify and implement process improvement initiatives to enhance operational efficiency and effectiveness.
- Outstanding interpersonal and communication skills, with the ability to present complex financial data effectively to stakeholders at all organizational levels.
- Team-oriented professional, capable of influencing and collaborating across multiple functions.
- Familiarity with large Enterprise Resource Planning (ERP) systems, API integrations, and other autonomous technologies.
Company Description:
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves a North American network from Eastern Canada.Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com or follow @porterairlines on Instagram, Facebook and Twitter.
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