Accountant Job at Kelowna Flightcraft – in Kelowna, BC
KF Aerospace is proud to deliver innovative aircraft solutions for corporate, commercial, and military customers worldwide. Launched 50 years ago out of Canada’s Okanagan Valley, KF has grown to specialize in a wide range of aviation services including maintenance and modifications, air cargo operations, military pilot training and aircraft leasing. With facilities across Canada, KF is home to a 1,000 strong, highly skilled workforce. Our passion for our craft fuels every project we touch.
The Accountant reports directly to the Divisional Controller and is responsible for ensuring completion of month-end close, preparing monthly reconciliations to trial balance and preparation of financial statements for the KF Aerospace divisions excluding MRO and defense divisions. This is a “roll up your sleeves” position, which entails hands on liaison with operations staff, processing of transactions and preparing a variety of reconciliations for many of the entities. It includes ensuring the integrity of each company’s general ledger and developing documentation support for annual audited financial statements.
The Accountant will also oversee recording & monitoring / reporting his/her companies’ daily cash balances and for preparing banking transactions for the Corporate Controller’s approval daily.
This role will require strong liaison with the MRO Controller and Business Systems Financial Controller. The Accountant will also supervise the daily activities of the accounts payable and accounts receivable staff and ensure that their processes support all companies’ accounting needs in terms of completing month end activities accurately and within deadlines.
The successful candidate will thrive in a fast-paced, multi-company, high transaction environment. It requires a team player with the ability to learn quickly, strong organization and communication skills.
DUTIES AND RESPONSIBILITIES
The Accountant is responsible for the following areas:
Liaison with the Flight Operations department and outside customers to prepare monthly invoices according to contract terms and to reconcile quarterly results.
This role requires an ability to interpret contracts, provide revenue & pricing analysis, understand revenue recognition, manage operational costing, analyze fuel usage / costs, and coordinate invoicing and collections while maintaining financial / operational controls
Month end Financial Statement Processes
Coordinate with other employees to ensure timely completion of the month end close and elimination entries where required
Financial Statements and Operating Reports
Ensure reports are generated on time, accurately and completely according to internal policy and ASPE
Assistance with annual audits; coordinating the organization of data and reconciliations to provide to the auditors
Ensure balances, movements and wire transfer payments are accurately made and recorded on time
Ensuring bank statements and visa statements are downloaded in a timely manner
Assist with bank reconciliations
Filling in and sending off vendor credit applications
Assist the Divisional Controller with budget models (including liaison with other departments / stakeholders) for primary companies (KFACL, RALI, RLGP)
Cost Awareness and Analysis
Update operations staff on trends and cost patterns in the business
Liaison with the Finance Controllers
Ensure corporate processes and rules are appropriately executed in the ERP system for all divisions
Ensure segregation of internal controls are maintained
Direct supervision of 3 clerks.
Stats Canada reporting.
Other duties and accounting support as requested.
REQUIRED CERTIFICATION, EDUCATION, EXPERIENCE or SKILLS
Completion of CPA or a recognized accounting certificate/diploma/degree and pursing a CPA designation is preferred
Min 5 years practical experience, with 2+ years of multi-company, multi-currency experience and 2+ years of public practice
Aviation or cargo financial operations would be an asset
Familiarity with EDI billing processes and/or IATA electronic fulfillment would be an asset
Ability to quickly grasp and work with complex Enterprise Resource Planning software and report writing software
Intermediates excel skills are required
Ability to work independently and utilize analytical problem-solving skills
Strong interpersonal and communication skills,
Able to learn quickly & build relationships, support a team environment
Able to liaise across all departments and speak/present with senior management
Organized and attentive to details
Adaptable to fast pace, deadline driven environment
Full-Time staff benefits include (but are not limited to):
Health and Dental
Short & Long-Term Disability
Health Spending Account
Paid vacation and Personal time off
The opportunity to bank overtime
Pension matching plan and voluntary RRSP
Employee & Family Assistance Program
Free financial advice
A bonus program based on organizational performance
HOW TO APPLY
Be a part of our craft. Apply for the Senior Accountant position at kfaero.ca/careers today!
About the Company
Company: Kelowna Flightcraft –
Company Location: Kelowna, BC