Accounting Analyst - Temporary Contract ($36.80-$43.30)

Salary Contract (full time hours - expected duration of six months  - January 2025) 

Accounting support role:

Participates in the maintenance of accounting records in accordance with International Financial Reporting Standards (IFRS) and ensures the accurate compilation, analysis and reporting of financial data. Develops, implements and/or maintains one or more accounting systems: Journal entries, General Ledger, Accounts Receivables, Accounts Payable, Revenue Reconciliation, etc. Reviews and interprets financial reporting requirements, rules and regulations. Balances books and prepares profit and loss, cash flow, income and balance sheet statements. Monitors and develops monthly reports of revenues and expenditures for projects. Provides record of assets, liabilities and other financial transactions. May prepare federal, state and local reports and tax returns. May assist in the setup of processes and procedures that properly capture, track and report revenue, including deferred revenue, in accordance with the company revenue recognition policy. May generate revenue reports for internal and/or external use. May interpret reports and records for managers/stakeholders. May be involved in reviewing, tracking and maintaining billing information in the financial systems, ensuring accuracy and compliance with IFRS  US GAAP and other accounting regulations.          

Position Summary: 

Maintenance of accounting records in accordance with IFRS.

Ensures the accurate compilation, analysis and reporting of accounting.

Review and analysis on specific accounts e.g. Sales, AR, Inventory etc. for reasonability

Participates in annual audits, special projects e.g. new accounting or reporting systems.

Specifically: 

Participate in Month-end Close Activity:

-Month-end closing Journal Entries:

Payroll, cross charges from other divisions, accruals, WBS element classification, reclass entries as per FiRe requirements.

-Posting US marketing charges, review, update and post FX internal entries in SAP.

-Equalization - Posting journal entry based on information received from Germany

-Month end analysis:

-Review of FX evaluation entries; ensure all FX related entries from previous month are reversed; review and analyze FX revaluation report. Prepare analysis with comments identifying main drivers of FX loss/gain;

- Reconcile Intercompany accounts ensuring there are no large unreconciled balances between trading partners

Month end closing cycles:

Creation of month end closing cycles for actual and forecast

-Run assessments to allocate changes made to PE cost centers.

-Roll forward PE forecasts

Financial Statements:

-Inventory: Futbal table updates based on % split of product type currently in inventory (including goods in transit); LCM and reserves

-Maintain Futbal tables as per accounting group direction

-Resolve all validation errors

Participate in Month-end Reporting:

-Balance Sheet – review month-to-month changes and provide comments and explanations to Controller and Finance Director

- PnL – review month-to-month changes and provide comments and explanations to Controller and Finance Director

-Prepare Quarterly Financial package including Balance Sheet, Working Capital, KPI – review, analyze and provide comments to Controller and Finance Director;

-Update Headcount, Fluctuation and Absentee Reporting monthly.

-Enter Capex Reporting (Investment - Approval & Spending)

-Upload Treasury Information (Bonds/Financing) to reporting system (FiRe)

-Inventory Info to reporting system (FiRe)

-Upload PnL to reporting system (FiRe)

-Upload Balance Sheet to FIRE for Actual and Forecast

-Upload Balance Sheet to reporting system (FiRe)

-GR/IR - Financial reporting into FiRe

-Payroll benefits - Financial reporting into FiRe

-DSO/AR reporting and Actual & FC in FiRe

-Bad Debt - Financial reporting into FiRe

-Equalization - Financial reporting into FiRe

-ICO reporting and reconciliations in Fire.

-BAF reporting/NCP (cash pool with ICO) reporting in FiRe.

-BaF (Bonds and Finance)- update all BaF deals such as calendar dates, current CAD value as per Treasury documentation"            

Customer Rebate Maintenance/Reconciliation/Issuing Credits:

- Creation and Maintenance of customer rebate accruals in SAP

- review, update accrual agreements as needed (based on contracts and tracking)

- issue credits on customer accounts based on Rebate attainment

- monthly reconcile the Customer Rebate accruals vs Actual customer attainment"            

Reconciliation:

- Inventory - review, investigation and responding to inquiries.

Acct. Payable

- Monthly process payment run (either Cheque or EDI) to suppliers"

Relevant Bachelors degree or Equivalent 

Experience:  "Minimum 3 years or Minimum 4 years or more if no relevant Bachelors Degree"

Data Retrieval:  Ability to perform basic application of knowledge in an autonomous way, demonstrated by real work examples.

Data Analysis:  Basic internal customers' needs identification.  Modifying reporting as needed for internal customers.  Improved reports based on customer needs.

Microsoft programs and inhouse specialized systems:  Advanced excel user. Ability to perform some tasks in an autonomous way (creates charts and uses effectively formulas and various format functions).  

Functional Knowledge:  Medium understanding level of all products, relevant processes and tools within target function.

Analytical & problem solving skills

Strong organization skills and attention to detail. 

Works well independently

Intermediate French an asset

Power BI an asset 

Legal Authorization to work in Canada is required. We will not sponsor individuals for employment visas for this job opening.

Continental is not able to pay relocation expenses for this opportunity.

Ready to drive with Continental? Take the first step and fill in the online application.

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2021, Continental generated sales of €33.8 billion and currently employs more than 190,000 people in 58 countries and markets. On October 8, 2021, the company celebrated its 150th anniversary.

With its premium portfolio in the car, truck, bus, two-wheel and specialty tire segment, the Tires group sector stands for innovative solutions in tire technology. Intelligent products and services related to tires and the promotion of sustainability complete the product portfolio. For specialist dealers and fleet management, Tires offers digital tire monitoring and tire management systems, in addition to other services, with the aim of keeping fleets mobile and increasing their efficiency. With its tires, Continental makes a significant contribution to safe, efficient and environmentally friendly mobility.