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Assistant Controller

Company Description

Porter Airlines has revolutionized short-haul flying with a warm and effortless approach to hospitality, restoring glamour and refinement to air travel. Porter is an Official 4 Star Airline® in the World Airline Star Rating®.

The airline currently offers flights to Toronto, Ottawa, Montreal, Quebec City, Fredericton, Saint John, Moncton, Halifax, St. John’s, Stephenville, N.L,  Thunder Bay, Sault Ste. Marie, Sudbury, Timmins, Windsor, New York (Newark), Chicago (Midway), Boston and Washington (Dulles), and has seasonal flights to Mt. Tremblant, Que., Muskoka, Ont., and Myrtle Beach, S.C.

Job Details

FUNCTION: Reporting to the Controller, the Assistant Controller is responsible for producing accurate and timely consolidated financial statements and other financial information for use by Management and the Board of Directors. The Assistant Controller will manage the full cycle accounting group and ensure proper processes and procedures are in place.

DUTIES AND RESPONSIBILITIES: 

  • Manage general accounting team

  • Manage compilation of the monthly financial package, executive commentaries and high-level variance analyses along with preparation of monthly board report

  • Ensure compliance with internal and external financial policies and regulations including all major Balance Sheet reconciliations and sub-ledgers

  • Primary responsibility for year-end audits and liaising with external tax advisors to prepare corporate tax returns

  • Review and manage Sales Tax processes and technical applications in all corporate jurisdictions

  • Oversee the continuous improvement of Accounting and Financial processes and the development of the team to achieve best practices and the highest level of customer support

  • Support external and Government audits

  • Monitor and support all day-to-day tasks of the team members

  • Coach and mentor team members and complete performance management processes in accordance with corporate requirements

  • Hire, train and evaluate employees to enhance their performance, development and work product. Address performance issues when needed

  • Ensure all major processes within the team are cross-trained

  • Identify, investigate and research technical accounting and financial reporting issues, and provide recommendations to the Controller, and members of the finance team and prepare accounting memos as required.

  • Assist with development and implementation of effective internal controls to assure safeguarding of assets and reliability of financial statements and to detect fraud and errors

  • Prepare ad hoc analysis and financial reports as required

  • Actively participate in Porter’s Safety Management System (SMS) including reporting hazards and incidents encountered in daily operations; understand, comply and promote the Company Safety Policy

 BEHAVIOURAL COMPETENCIES:

  • Concern for Safety: Identifying hazardous or potentially hazardous situations and taking appropriate action to maintain a safe environment for self and others.

  • Teamwork: Working collaboratively with others to achieve organizational goals.

  • Passenger/Customer Service: Providing service excellence to internal and/or external customers (passengers).

  • Initiative: Dealing with situations and issues proactively and persistently, seizing opportunities that arise.

  • Results Focus: Focusing efforts on achieving high quality results consistent with the organization’s standards.

  • Fostering Communication: Listening and communicating openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.

QUALIFICATIONS:

  • Candidate should possess a Bachelor in Accounting with a CPA designation

  • 5-7 years of relevant experience in financial accounting area, ideally in both public accounting and industry

  • Strong knowledge of accounting principles and practices including IFRS

  • Experience with relevant accounting packages and Microsoft Office applications (Outlook, Excel, Word)

  • Excellent written and oral communication skills

  • Ability to meet assigned deadlines

  • Ability to maintain highly confidential information

  • Ability to motivate teams to produce quality materials

  • Ability to work cooperatively and collaboratively with all levels of employees, Management and external agencies

  • Sound analytical ability coupled with creative problem-solving skills

  • Ongoing ability to make tactical decisions positively affecting day-to-day operations

  • Self-starter, ability to work independently and perform at optimum levels

  • Sense of urgency

  • High attention to detail and accuracy

  • Strong analytical and problem solving skills

  • Thorough understanding of business process and financial control systems

  • Experience in consolidations

  • Strong team player with demonstrated leadership and ability to drive change

LOCATION: 

  • Billy Bishop Toronto City Airport - YTZ

  • March 9, 2020
  • 62-06-97

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