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About the Role

The Senior Financial Analyst, Financial Reporting is responsible for supporting the day-to-day financial reporting group with a focus on fixed assets and capital accounting. This role supports financial close and reporting activities, maintains the integrity of the fixed asset sub-ledger, supports capital project accounting, and ensures compliance with accounting standards. The position also contributes to internal controls, process improvement, and operational efficiency.

Responsibilities

Maintain and reconcile the fixed asset sub-ledger, including capitalization, transfers, disposals, and depreciation.
Support the accounting for capital projects, including tracking costs, monitoring project status, and coordinating timely asset capitalization.
Work closely with the Technical Operations team to ensure aircraft component and maintenance asset data is consistent and reconciled between the aircraft maintenance management system (AMOS) and the fixed asset sub-ledger.
Assist in the preparation of accurate and timely quarterly financial reporting documents.
Perform technical accounting research and assist in analyzing complex agreements and transactions.
Support monthly, quarterly, and annual financial close processes by preparing and reviewing journal entries, balance sheet reconciliations, and schedules related to property, plant, and equipment (PP&E).
Ensure compliance with internal accounting policies and external regulations.
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.
Assist with the preparation of audit deliverables related to fixed assets and capital expenditures.
Collaborate with external auditors during the annual audit process.
Assist with documenting key financial processes and controls.
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 on capital activity.
Actively participate in Porter's Safety Management System (SMS).
Perform other duties as assigned.

Requirements

Bachelor's degree in Finance, Business, or a related discipline.
CPA designation (near completion is acceptable).
A minimum of 3 years of financial reporting experience.
Experience in fixed asset, capital, or lease accounting is considered an asset.
Experience in the airline industry or transportation sector is considered an asset.
Experience supporting a full-cycle financial statement close process in a corporate or industry accounting environment.
Strong technical accounting knowledge with a solid understanding of GAAP, IFRS (including IFRS 16 – Leases and IAS 16 – Property, Plant and Equipment), and consolidated financial reporting.
Advanced proficiency in Excel with strong foundational skills required.
Good financial discipline, particularly in the areas of compliance and asset stewardship.
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.
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, fixed asset modules, API integrations, and other autonomous technologies.

Skills

Excel
GAAP
IFRS
IFRS 16 – Leases
IAS 16 – Property, Plant and Equipment
Consolidated financial reporting
Technical accounting research
Financial analysis
Process improvement
Interpersonal skills
Communication skills
Collaboration
ERP systems
Fixed asset modules
API integrations

Location

Toronto Downtown Office

Work Type

Hybrid

Experience Level

Senior
3 years of financial reporting experience

Education Level

Bachelor's degree in Finance, Business, or a related discipline
CPA designation (near completion is acceptable)

About the Company

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 North America, including a coast-to-coast domestic Canadian network, the U.S., Mexico, the Caribbean and Central America.
Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®.