Telesat

Provides satellite capacity and consulting services

Manager – Revenue and Receivables

Financial AccountingConfirmed live in the last 24 hours

Full-timeOttawa, ON, CanadaNo salary listedIn-person

About the Job

Requirements

A Bachelor of Commerce degree in Accounting, Business Management, Finance, or a related discipline from a recognized university.
A professional accounting designation (CPA, CMA, or CGA).
At least 8 years of experience.
Experience managing a team.
Experience with large, complex enterprise resource planning systems.
In-depth knowledge and understanding of International Financial Reporting Standards (IFRS).
Thorough knowledge of standard accounting procedures, internal controls, and reporting practices.
Understanding of foreign currency accounting at subsidiary and consolidated levels.
Ability to work independently, solve problems, and use sound judgment.
Ability to prioritize multiple requests.
Ability to carry out projects and tasks effectively in a complex work environment.
Ability to work effectively in a team and adapt quickly to a changing environment.

Responsibilities

Lead, mentor, and develop a team of seven finance professionals, fostering continuous improvement, efficiency, and professional growth.
Ensure accurate and timely revenue reporting while developing strategies to decrease financial close times.
Review revenue contracts and determine appropriate revenue recognition treatment, including preparing or reviewing accounting memoranda to support recognition for complex contracts.
Assist in developing, implementing, and maintaining financial reporting systems for the LEO and GEO businesses, ensuring appropriate controls support accurate and reliable financial information; the LEO enterprise resource planning project is under development.
Use artificial intelligence developments to modernize reporting, analysis, and collections.
Serve as the main point of contact with external auditors for the consolidated audit and CRTC audit.
Meet monthly with Sales and Marketing vice presidents to determine collection strategies for a diverse receivables portfolio.
Assess the adequacy of the allowance for doubtful accounts and bad debt provisioning.
Review monthly journal entries and reconciliations, as well as quarterly requirements including backlog and key performance indicators.
Assist with ad hoc reports and special projects.

Telesat (Nasdaq and TSX: TSAT) is a leading global satellite operator, providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecommunications, corporate and government customers for over 55 years. Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat has grown to be one of the largest and most successful global satellite operators.

Telesat Lightspeed, our revolutionary Low Earth Orbit (LEO) satellite network, scheduled to begin service in 2027, will revolutionize global broadband connectivity for enterprise and Government users by delivering a combination of high capacity, security, resiliency and affordability with ultra-low latency and fiber-like speeds. Telesat is headquartered in Ottawa, Canada, and has offices and facilities around the world.

The company’s state-of-the-art Satellite fleet consists of 12 GEO satellites, the Canadian payload on ViaSat-1 and one LEO 3 demonstration satellite. For more information, follow Telesat on X and LinkedIn or visit www.telesat.com

The Manager, Revenue and Receivables is responsible for overseeing the revenue accounting and billing functions for Telesat and its subsidiaries, credit and collections for the Consolidated group of companies, and implementation and maintenance of revenue reporting and related controls.

Main Responsibilities

Lead, mentor, and develop a team of 7 finance professionals, fostering a culture of continuous improvement, efficiency, and professional growth

Responsible for the accurate and timely reporting of the Company’s revenues while developing strategies to decrease financial close times

Review revenue contracts and determine appropriate revenue recognition treatment, including the preparation or review of accounting memos to support revenue recognition for complex contracts

Assist in the development, implementation and maintenance of appropriate financial reporting systems for our LEO and GEO businesses and ensure appropriate controls are in place to support the accuracy and integrity of the financial information, LEO ERP project is under development

Leverage AI developments to assist in the modernization of reporting, analysis and collections

Main point of contact with external auditors for consolidated audit and CRTC audit

Meet monthly with Sales and Marketing VPs to determine collection strategies for a diverse portfolio of receivables

Assess the adequacy of the AFDA and bad debt provisioning

Review monthly journal entries and reconciliations, as well as quarterly requirements including backlog, KPI

Assist with ad-hoc reports and special projects

Education and Experience Required

Bachelor of Commerce Degree in Accounting (or Business Management, Finance or related discipline) from a recognized university

Professional Accounting Designation (CPA, CMA, CGA)

Minimum 8 years of experience

Experience managing a team

Experience with large complex ERP systems

Specialized Knowledge, Skill and Abilities

Excellent management, communication and interpersonal skills.

In-depth knowledge and understanding of IFRS.

Thorough knowledge of the standard accounting procedures, internal controls and reporting practices.

Sound understanding of foreign currency accounting at the subsidiary and consolidated levels.

Strong analytical and reasoning skills.

Detail oriented.

Ability to work independently, solve problems and use sound judgment.

Ability to handle multiple requests in order of priority.

Demonstrated ability to effectively carry out projects and tasks within a complex work environment.

Ability to work effectively in a team and adapt quickly to a changing environment.

At Telesat, we take pride in being an equal opportunity employer that values equality in the workplace. We are committed to providing the best candidate experience possible including any required accommodations at every stage of our interview process. All qualified applicants that have been selected for an interview that require accommodations, are advised to inform the Telesat Talent team accordingly. We will work with you to meet your needs. All accommodation information provided will be treated as confidential.

About the Company

Telesat

Provides satellite capacity and consulting services

Telesat operates a global satellite communications network, providing satellite capacity and consulting to governments, telecom operators, and enterprises. It uses both geostationary (GEO) and low Earth orbit (LEO) satellites, including the Lightspeed LEO constellation, to deliver wide-area connectivity. Services include inflight and maritime connectivity, as well as connectivity for oil and gas and corporate networks. Revenue comes from long-term contracts and service agreements. Its Lightspeed network aims to offer high-speed, low-latency links, enhancing overall performance. The company differentiates itself by combining GEO and LEO assets and by offering end-to-end connectivity solutions through a mix of satellite capacity and advisory services, targeting a diverse set of industries worldwide. The goal is to provide reliable, global communications with predictable service through long-term customer relationships.

Company size: 1,001-5,000
Company stage: IPO
Headquarters: Ottawa, Canada
Founded: 1969

Recently Posted Jobs

Explore more opportunities at Telesat

See more jobs