At a Glance
- Tasks: Manage financial reporting, asset accounting, and variance analysis in a dynamic satellite communications company.
- Company: Join Telesat, a leading global satellite operator with over 55 years of excellence.
- Benefits: Full-time position with competitive salary, benefits, and opportunities for professional growth.
- Other info: Work in a collaborative environment that values diversity and offers career advancement.
- Why this job: Be part of a revolutionary team transforming global broadband connectivity with innovative satellite technology.
- Qualifications: University degree in Commerce/Business Administration or equivalent experience in accounting.
The predicted salary is between 67500 - 82500 $ per year.
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 Via Sat-1 and one LEO 3 demonstration satellite.
For more information, follow Telesat on X and Linked In or visit www. telesat. com
The individual in this position is the main point of contact and expected to be the expert on the capital and intangible asset queries and reports.
Other areas of expertise will include subsidiary accounting, Capital Expenditure (CAPEX), reporting and monthly variance analysis/reporting.
This position will be responsible for the ongoing maintenance of the Telesat Inventory Fixed Asset ledger/database.
In addition, this position holds ownership of specific general ledger accounts, which includes recording monthly transactions, monthly account reconciliations and other financial reports following up/investigating and unreconciled differences.
- Main Responsibilities
- Depreciation processing for fixed and intangibles assets for multi-company, multi-currency organization having a significant asset base in both value and volume.
- Preparation of fixed asset and intangible continuities in functional and reporting currencies for individual orgs, set of books and consolidated.
- Manage fixed asset database and subledgers.
- Responsible for ensuring that assets are setup and amortized in accordance with the Capitalization Policy
- Review of Depreciation rules and asset locations
- Ensure that the database, subledger and general ledger agree by company, account and location, investigating and resolving any discrepancies.
- Monthly analysis of fixed asset related accounts with regards to budgets, spending and other measures.
- Capital expenditure reporting on monthly /quarterly/annual basis
- Preparation of other quarterly and annual capital related reports.
- Responsible for other ad-hoc related reporting both internally and externally.
- Ownership of specified general ledger accounts. Prepare monthly accounting entries and reconciliations:
- Debt related accounts
- Lease accounts
- Accrual accounts
- Impairment testing of fixed assets and intangibles on a monthly/quarterly/annual basis.
- Preparing annual forecast for depreciation and amortization by individual organization and compiling to complete consolidated forecast in reporting currency.
- High-level variance analysis documenting trends, variances and any other account movement of note.
- Other ad-hoc projects identified within the accounting operations group.
Education & Experience Required
- University degree in Commerce/Business Administration and an accounting designation, OR;
- Post-secondary education in accounting or equivalent and extensive direct experience in these functions.
- Must have experience recording entries in multiple currencies.
- Must be detail oriented and with exceptional documentation skills with respect to content and presentation.
- Sound knowledge of IFRS
- Strong research and problem solving skills
- Good interpersonal skills and ability to deal effectively with both financial and nonfinancial people
- Intermediate or advanced proficiency in Microsoft Excel
- Working knowledge of ERP system.
The successful candidate must be able to work in Canada and obtain clearance under the Canadian Controlled Goods Program (CGP).
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.
Commitment
- Full Time Hire - (FTE with Benefits)
- #J-18808-Ljbffr
Financial Accounting Analyst in Ottawa employer: Telesat
Telesat is an exceptional employer, offering a unique opportunity to lead one of Canada's most significant defence communications programs from its Ottawa headquarters. With a strong commitment to employee growth, Telesat fosters a collaborative work culture that values technical expertise and program management excellence, providing employees with the chance to make a meaningful impact on national security while working alongside world-class teams in the cutting-edge field of satellite technology.
