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Full-Time

Senior Manager

Technical Accounting

Confirmed live in the last 24 hours

Telesat

Telesat

501-1,000 employees

Global satellite operator providing connectivity solutions

Automotive & Transportation
Consulting
Aerospace

Senior

Ottawa, ON, Canada

Hybrid position based in Ottawa, Ontario.

Category
Financial Accounting
Financial Analysis
Accounting
Requirements
  • Bachelor's degree in Accounting, Finance, or a related field; CPA designation required.
  • Minimum of 8-10 years of relevant experience in technical accounting, with at least 5 years in a public accounting firm.
  • Extensive knowledge of IFRS, with the ability to apply complex accounting principles to real-world scenarios.
  • Strong analytical and problem-solving skills, with the ability to interpret and communicate technical accounting issues effectively.
  • Excellent written and verbal communication skills, with the ability to prepare clear and concise technical accounting documentation.
  • Demonstrated leadership and team management abilities, with a track record of mentoring and developing accounting professionals.
  • Proficiency in Microsoft Office Suite, particularly Excel, and experience with financial reporting software.
  • Strong organizational skills and the ability to manage multiple priorities and deadlines in a fast-paced environment.
Responsibilities
  • Lead the research, evaluation, and implementation of new accounting standards and pronouncements under IFRS.
  • Provide technical accounting guidance and support for complex transactions, including mergers and acquisitions, revenue recognition, leasing, and financial instruments.
  • Prepare and review technical accounting memoranda and position papers to support accounting conclusions and ensure compliance with relevant standards.
  • Collaborate with cross-functional teams, including finance, legal, and operations, to ensure accurate and timely financial reporting.
  • Develop and maintain accounting policies and procedures to ensure consistency and compliance across the organization.
  • Support the preparation and review of quarterly and annual financial statements, including footnote disclosures and MD&A.
  • Interface with external auditors and regulatory agencies to address technical accounting issues and ensure successful audits and reviews.
  • Provide training and mentoring to finance team members on technical accounting topics and emerging issues.
  • Stay abreast of industry developments, regulatory changes, and best practices in technical accounting.

Telesat operates in the satellite communications industry, providing connectivity solutions to a variety of clients, including government agencies and businesses in sectors like inflight connectivity, maritime, oil and gas, and corporate networks. The company uses both geostationary (GEO) and low Earth orbit (LEO) satellites to ensure reliable global communications. Telesat's products work by offering satellite capacity and consulting services, which are delivered through long-term contracts and service agreements. A key feature of Telesat is its Lightspeed network, which utilizes advanced LEO satellites to deliver high-speed, low-latency connectivity. This focus on both GEO and LEO technology sets Telesat apart from its competitors, allowing it to meet diverse communication needs effectively. The company's goal is to provide critical connectivity solutions that address complex communications challenges across various industries.

Company Stage

Grant

Total Funding

$30.7M

Headquarters

Ottawa, Canada

Founded

1969

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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Simplify's Take

What believers are saying

  • The substantial funding from both federal and provincial governments ensures robust financial support for Telesat's ambitious projects.
  • The Lightspeed LEO constellation could revolutionize global internet connectivity, offering significant growth potential.
  • Public company status may attract additional investment and enhance corporate governance.

What critics are saying

  • Heavy reliance on government funding could pose risks if political priorities shift or economic conditions change.
  • The competitive landscape, particularly with established players like Starlink, could impact market share and profitability.

What makes Telesat unique

  • Telesat's significant government backing, including a $2.14 billion loan and $1.44 billion investment, provides a financial stability that many competitors lack.
  • The Lightspeed LEO constellation project positions Telesat as a direct competitor to major players like Starlink, but with substantial public sector support.
  • Becoming a public company marks a strategic milestone, potentially increasing transparency and attracting more investors.

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