Senior Analyst - Financial Reporting

Job Summary

The Senior Analyst, Financial Reporting will be a key member of the finance team, reporting to the Manager, Financial Reporting. This role supports the preparation of accurate and timely financial statements, management discussion and analysis, and ensuring compliance with IFRS and other relevant regulations. The Senior Analyst will assist in preparing internal and external financial reports, contribute to regulatory filings, and collaborate with cross-functional teams to ensure financial data accurately reflects the Company’s operations. The ideal candidate will possess strong analytical skills, keen attention to detail, deep technical IFRS knowledge, including the ability to apply it to complex and non-routine transactions, and a proactive mindset to support continuous improvements in financial reporting processes.

Duties & Responsibilities

• Assist in the preparation of accurate and timely quarterly financial reporting documents, including consolidated financial statements, management’s discussion and analysis, and materials for the disclosure and audit committees.
• Support the Finance team in producing accurate monthly, quarterly, annual, and ad-hoc financial reports for both internal and external stakeholders.
• Provide accounting insights and ensure financial data is aligned with IFRS and internal policies.
• Perform technical accounting research and analyze complex agreements and transactions (i.e., revenue arrangements, leases, financial instruments, and business combinations) to determine and document appropriate accounting treatments under IFRS.
• Prepare technical and complex accounting journal entries as required.
• Draft technical accounting memoranda documenting the Company’s accounting conclusions on significant or judgmental transactions.
• Stay informed on new and evolving accounting standards, supporting the team in ensuring compliance and implementing changes.
• Collaborate with external auditors and assist in managing the annual audit process to ensure timely and efficient completion.
• Contribute to improving the accuracy, quality, and timeliness of financial information prepared for leadership and the Audit Committee.
• Support the development and implementation of new financial policies, processes, and systems to enhance operational efficiency.
• Assist in maintaining and strengthening internal controls over financial reporting, including documentation and updates to key processes and controls.
• Participate in finance transformation initiatives, ensuring accounting processes are accurately implemented.
• Provide mentorship and guidance to junior team members, promoting growth and continuous learning.
• Collaborate with the broader finance team and other corporate and operational departments to ensure accurate, complete, and compliant financial reporting.
• Actively engage in the Company’s Safety Management System (SMS), reporting hazards and incidents encountered in daily operations while promoting and adhering to 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

• Bachelor’s degree in finance, business, or a related discipline, complemented by a CPA accreditation.
• 4-5 years of direct financial reporting experience.
• Prior experience with a major public accounting firm.
• Deep technical accounting expertise in IFRS, with demonstrated ability to apply IFRS to complex and judgmental transactions, and strong working knowledge of consolidations.
• Advanced proficiency in Microsoft Excel, with strong fundamental and analytical skills.
• 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 to enhance operational efficiency and effectiveness.
• 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.
• Experience in the airline or transportation industry is considered an asset.
• Experience drafting technical accounting position papers or memoranda supporting significant or non-routine transactions is considered an asset.
• Familiarity with large Enterprise Resource Planning (ERP) systems, API integrations, and other autonomous technologies is considered an asset.

Location

 Toronto Downtown Office (250 Yonge Street) #LI-Hybrid

Company Description

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®. Visit www.flyporter.com or follow @porterairlines on Instagram, Facebook and X.