Senior Financial Reporting Analyst

Posted 6 Days Ago
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Montréal-Est, QC
Senior level
Utilities
The Role
The Senior Financial Reporting Analyst will oversee the consolidation of financial statements for the organization, ensuring compliance with accounting standards. Responsibilities include managing month-end and year-end closing processes, ensuring reporting accuracy, collaborating with auditors, and optimizing financial systems for reporting efficiency.
Summary Generated by Built In

Company Description

American Iron & Metal (AIM) is a family-owned company and recognized global leader in the metal recycling industry with more than 125 sites and 4000 employees worldwide. We have continued to prosper for the last eight decades thanks to the dedication of our employees and the ongoing trust and support of our customers.

Become part of team AIM, a growing team with an entrepreneurial spirit who has over the years evolved into a successful and multifaceted company with business divisions that include metal recycling, decommissioning and demolition, auto-parts sales and recycling, manufacturing of solder assemblies, construction waste recycling, and production of customized industrial and mining products.

We take pride in doing good things for the environment to help create a greener, more sustainable future for all. It’s simple; we do it right. We AIM for excellence.

Job Description

We are seeking an experienced Senior Financial Reporting Analyst with a strong focus on consolidation to join our finance team. In this role, you will be responsible for overseeing and managing the consolidation of financial statements for the entire organization, ensuring accurate and timely reporting in compliance with accounting standards (e.g., GAAP, IFRS). You will play a critical role in the preparation of internal and external financial reports, provide insights to senior management, and ensure adherence to regulatory requirements.

The ideal candidate will have a deep understanding of financial consolidation processes, accounting principles, and a strong attention to detail. This is an exciting opportunity for a motivated professional to contribute to the financial health and transparency of the company.

  • Consolidation of Financial Statements:
    • Oversee the consolidation of financial data from multiple business units and subsidiaries into the corporate financial statements.
    • Ensure the proper elimination of intercompany transactions and balances.
    • Manage the preparation of consolidated balance sheets, income statements, and cash flow statements.
  • Month-End and Year-End Closing:
    • Lead the month-end and year-end financial close process, ensuring all transactions are accurately reflected in the consolidated financial reports.
    • Review journal entries related to consolidation adjustments and ensure proper documentation.
  • Compliance and Reporting:
    • Ensure financial reporting is in compliance with relevant accounting standards (e.g., GAAP, IFRS) and regulatory requirements.
    • Coordinate and prepare reports for internal and external stakeholders, including management, auditors, and regulatory bodies.
    • Assist with the preparation of quarterly and annual financial statements, including footnotes and disclosures.
  • Audit Support:
    • Collaborate with external auditors to ensure the accuracy of consolidated financial statements and provide necessary documentation during audits.
    • Support the finance team in addressing any audit queries related to consolidation.
  • Financial Systems and Tools Management:
    • Manage the financial consolidation system and work with IT to ensure the system is optimized for efficient data processing.
    • Troubleshoot any issues related to consolidation processes and implement solutions to improve reporting efficiency.
  • Analysis and Reporting:
    • Perform variance analysis on consolidated financial results and provide explanations for significant discrepancies to senior management.
    • Prepare ad-hoc reports and analyses as needed to support decision-making by executives.
  • Process Improvement:
    • Continuously improve the consolidation and financial reporting processes by identifying inefficiencies and recommending automation or procedural enhancements.
    • Stay current with changes in accounting regulations and best practices to ensure the company’s consolidation process remains compliant and efficient.
  • Team Leadership and Collaboration:
    • Mentor and train junior financial reporting analysts, providing guidance on consolidation processes and financial reporting.
    • Collaborate closely with other departments (e.g., Accounting, Tax, FP&A) to ensure alignment in financial reporting and consolidation practices.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field; CPA or equivalent professional qualification is highly preferred.
  • Minimum of 5+ years of experience in financial reporting, with a strong focus on consolidation and multi-entity accounting.
  • Experience with financial consolidation systems (e.g., Hyperion Financial Management, SAP BPC, or similar) and ERP platforms (e.g., SAP, Oracle).
  • Knowledge of US GAAP and/or IFRS accounting standards as they pertain to consolidated financial reporting.
  • Previous experience in an international organization or with complex corporate structures is a plus.
  • Strong knowledge of financial consolidation processes, intercompany eliminations, and accounting for business combinations.
  • Advanced proficiency in Microsoft Excel; experience with financial modeling and data analysis.
  • Excellent attention to detail, with the ability to manage complex financial data and ensure accuracy.
  • Ability to manage multiple priorities and deadlines in a fast-paced environment.
  • Strong communication skills, with the ability to explain complex financial concepts to non-financial stakeholders.
  • Analytical mindset with problem-solving abilities and a focus on process improvement.
  • High level of integrity, professionalism, and confidentiality.
  • Proactive and results-oriented with a continuous improvement mindset.
  • Ability to work independently as well as part of a team.
  • Strong organizational skills and the ability to handle high volumes of work.

Additional Information

  • Annual AIM tuition scholarship program up to $8,500 per eligible dependents
  • Competitive salary + other perks
  • Group insurance & RRSP program
  • Company-wide events throughout the year (BBQ, Holiday party etc.)
  • Free gym on site 
  • A cafeteria on site
  • Dynamic & rewarding work environment- work on high-impact, meaningful projects while also having fun!
The Company
Hamilton, Ontario
950 Employees
On-site Workplace
Year Founded: 1936

What We Do

American Iron & Metal (AIM) is a family-owned, Canada-based company founded in 1936. Since that day, AIM has grown to be recognized as one of the World’s most sophisticated metal recyclers, specializing in the recovery and recycling of scrap metal by-products. With the growth and support of our 4,000+ valued employees, we have evolved into a successful and multifaceted company with a global footprint and over 125 sites worldwide. The primary reason? An effective and thorough development strategy.

Today, AIM’s operations are headed by its founder’s successors: Herbert, Ronald, and Ricky Black, who have vowed to uphold the company’s long-established standards for quality. From its humble Canadian origins, we have grown to become a sophisticated leader in ferrous and non-ferrous metal recycling (AIM Recycling), decommissioning & demolition (Delsan AIM), auto-parts sales & recycling (AIM Kenny U-Pull), manufacturing of solder assemblies (AIM Global Solder Solutions), construction waste recycling (AIM Eco-Centre), and production of customized industrial & mining products (AIM Minesource)

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