The Financial Analyst will play a key role in the Company’s implementation of International Financial Reporting Standards (IFRS), including the consolidation of the Company’s ultimate U.S. parent company’s results. Includes development and implementation of new accounting policies, procedures, and controls, as well as technology supporting the new accounting basis. Upon implementation, the Financial Analyst will prepare the consolidated quarterly and annual financial statements and deliverables on an IFRS basis. This position offers an excellent opportunity to grow in an evolving company, and to provide input and shape the future for a new basis of accounting.
Duties and Responsibilities:
- Assist IFRS implementation project through teaming with other departments across the Company, as well as counterparts at sister entities and external consultants, to meet implementation deadlines.
- Use new technology to support accounting, reporting and analysis of results under IFRS.
- Assist with research and resolution of technical accounting issues, including evaluation and implementation of new accounting pronouncements to ensure IFRS compliance.
- Assist with development of new required IFRS disclosures, including identification of processes and procedures to gather the data necessary to fulfill such disclosures.
- Assist in analysis and reconciliation between GAAP and IFRS reporting frameworks.
- Assist with development of control framework under new accounting basis.
- Assist in documenting and communicating to senior management the status of the implementation project.
- Work with external and internal auditors during the implementation to ensure timely auditing of opening balance sheet, accounting policies, newly implemented controls, and other implementation activities.
- Post-implementation, consolidation of all subsidiaries and preparation of the U.S parent company’s consolidated IFRS quarterly and annual financial statements