Senior Accountant, Central 1 Credit Union

Location:	Vancouver, British Columbia
Posting Date:	October 21, 2013
Closing Date:	until filled
Web Site:	www.central1.com
Employment Type:	Full-time / Temporary

Company overview

When you’re passionate about what you do and where you work, the rest comes easy. That’s the culture at Central 1 Credit Union, and that’s precisely what we’re looking for from you. Supporting nearly 200 member credit unions across British Columbia and Ontario, we’re the backbone of the credit union system in both provinces – taking care of everything from online services and product development, to payment processing, trade association services and more.
Our team of nearly 600 employees represent some of the most innovative, passionate individuals you’ll
ever meet; people who honestly care about the organization, its members and each other. In other words, people who love what they do.

Position overview

The Senior Accountant, Financial Reporting performs senior accounting functions for Central 1, subsidiaries and affiliates. The incumbent is responsible for the consolidation between Central 1 and its subsidiaries; and reviews the financial statements of Central 1’s affiliates and subsidiaries to ensure that they are in compliance with current accounting standards.  This is a temporary full-time position from December 2013 up to January 2015.

You will be accountable for:

Financial Reporting

• Responsible for consolidation function for Central 1. Ensures that inter-company transactions are properly accounted for and performs the reconciliation of Central 1’s financial statement equity.
• Responsible for preparation and filing of the corporate income tax returns for Central 1’s subsidiaries and affiliates including liaising with external tax advisors on issues.
• Reviews the financial statements of the affiliates and subsidiaries. Examples of the working papers and reconciliations are:
  • Monthly rate of return for pension trust funds.
  • Financial instruments Mark-to-Market continuity schedules.
  • Financial statement disclosures.
  • Bank reconciliations
  • Monthly reconciliation of sub-ledgers to general ledgers.
• Reviews the year end audit financial statements’ note disclosures for subsidiaries and affiliates.
• Assist in the preparation and review of Central 1’s financial disclosures including summaries of financial position and financial performance.
• Assist in the preparation and review of the quarterly reporting package for Central’s Audit Committee.
• Assist the Manager, Financial Reporting in the preparation of disclosures for Financial statements and Management’s Discussion and Analysis as required.
• Responsible for maintaining Central 1’s share register, performing dividend calculations and performing dues assessment calculations for Central 1’s members.
• Assist in the preparation of variance analysis for Central 1’s management team and staff as well as external auditors on subsidiaries and affiliates.
• Acts as backup to Team Lead, Financial Reporting and Accountant, Financial Reporting, if needed.
• Assist in the preparation and review of estimates and forecasts for Central 1, subsidiaries and affiliates.
• Assist the Manager, Financial Reporting and Team Lead, Financial Reporting in special projects and analysis.
• Other duties as assigned.

Information Systems Management

• In the absence of Team Lead, Financial Reporting, the incumbent assumes responsibility for Central 1’s accounting system and functions as system administrator of accounting and financial reporting applications used in the Financial Reporting group.
• Work with Team Lead, Financial Reporting to review, evaluate and recommend potential system upgrades to the Manager, Financial Reporting
• Work with Team Lead, Financial Reporting to design, test and implement system upgrades and enhancements

Your qualifications include

A professional accounting designation (CA, CGA, CMA) and an university degree together with five years of progressively responsible accounting experience are required. Further essential skills include an aptitude for detail, as well as excellent verbal and written communication skills.
As much as we believe in working hard, we also believe in personal growth and taking time for ourselves. Accordingly, our total rewards philosophy amounts to one of the best compensation and benefits packages in the industry.

To Apply

Please submit your cover letter and resume to want2work@central1.com
Please quote “Senior Accountant” in the subject line. 
We would like to take this opportunity to thank all applicants in advance; however, only those short-listed will be contacted.