Bachelor's degree in Accounting, Finance, or related field; CPA designation or in progress.
2-5 years of progressive accounting experience, including journal entries and reconciliations.
Strong understanding of accrual accounting and revenue recognition principles.
Ability to connect financial results to business activities and communicate findings effectively.
Proficient in Excel or Google Sheets and experienced with accounting systems.
Detail-oriented with a strong sense of ownership over deadlines and communication.
Willingness to work onsite in Toronto 4 days a week.
Responsibilities
Execute month-end and quarter-end close activities for assigned portfolio companies.
Prepare journal entries and review work from junior analysts and outsourced teams.
Analyze monthly P&L and balance sheet movements, providing commentary on variances.
Investigate unusual transactions and trends with portfolio company contacts.
Support onboarding of acquired businesses and validate opening balances.
Respond to requests from external auditors and maintain internal controls.
Identify manual processes and develop improvements, focusing on AI tools.
Benefits
Opportunity to work with a diverse portfolio of companies.
Engagement in process improvements and automation initiatives.
Collaborative work environment with cross-functional teams.
Professional development opportunities, including CPA support.
Hands-on experience with acquisitions and financial reporting.
Full Job Description
The role:
We are seeking a Senior Financial Analyst to support accounting and financial analysis across a group of Beacon's portfolio companies. Reporting to the Portfolio Accounting Manager, you will take responsibility for assigned close activities, prepare and review financial information, and explain the drivers behind business results.
You will work with portfolio company teams and outsourced accounting resources to resolve issues, maintain accurate records, and meet reporting deadlines. You will also help onboard acquired businesses and improve the systems and workflows we use across the portfolio. This role suits someone with a strong accounting foundation who enjoys understanding a business through its numbers and following an issue through to resolution.
What you'll do:
Deliver accurate closes and financial reporting:
Execute month-end and quarter-end close activities for assigned portfolio companies, following established close calendars and review procedures.
Prepare journal entries and supporting schedules; review work prepared by junior analysts and outsourced accounting teams within your assigned scope.
Prepare and review balance sheet reconciliations, investigate reconciling items, and resolve or escalate outstanding issues accordingly.
Maintain deferred revenue schedules for revenue recognition, in accordance with Beacon's accounting policies.
Prepare financial reporting packages for review by the Portfolio Accounting Manager, including schedules that support consolidated reporting.
Explain financial performance:
Analyze monthly P&L and balance sheet movements, including variances against budget and prior periods, and provide clear commentary on the underlying drivers.
Investigate unusual transactions and trends with portfolio company contacts; distinguish business changes from accounting or data-quality issues.
Reconcile reported actuals to financial models and support requests for operating and financial information.
Prepare analyses and responses for the Portfolio Accounting Manager or General Managers
Support acquisitions, controls, and audits:
Help onboard acquired businesses by mapping legacy general ledgers and validating opening balances
Support transitions into NetSuite or other core accounting systems, including data validation and reconciliation.
Respond to requests from external auditors and tax advisors under the Portfolio Accounting Manager's direction.
Maintain supporting documentation and follow internal controls, including approval requirements and segregation of duties.
Process Improvements:
Identify manual processes and develop improvements with a focus on incorporating AI tools.
What you'll bring:
A bachelor's degree in Accounting, Finance, or a related field, and a CPA designation or working towards a CPA designation.
Two to four five years of progressive accounting experience, including hands-on preparation and review of journal entries, reconciliations, and financial statements.
A strong understanding of accrual accounting and revenue recognition, with the judgment to identify issues and seek guidance when needed.
The ability to connect financial results to business activity and explain findings clearly to finance and non-finance colleagues.
Strong Excel or Google Sheets skills and experience working with accounting systems.
Careful attention to detail, ownership of deadlines, and clear written communication across teams.
Ability to work onsite from our Toronto office 4 days a week.
Experience that would help:
Accounting for software or SaaS businesses, including subscription revenue and deferred revenue.
Working across multiple entities or with outsourced accounting teams.
Using NetSuite or supporting an ERP implementation or acquisition integration.
Supporting audits, intercompany reconciliations, or reporting under IFRS or ASPE.
Improving finance workflows through automation or approved AI tools.
