Senior Accountant

Job description Company Information: Since 1994 Factor Gas Liquids Inc. (“Factor”) has been marketing and trading Natural Gas Liquids throughout North America. Factor owns and supplies 4 propane terminals, buys and sells LPG’s with over 125 counterparties annually, and moves via rail, truck, and pipeline approximately 25,000 Bbl/d of Propane, Butane, Natural Gasoline, olefins, and Gasoline Blendstocks to over 50 locations across North America. Factor is a driven but fun, energetic, and team oriented open-office atmosphere, with Marketing & Trading, Logistics, Business Development, Risk, Contracts and Administration departments located in Calgary, AB, and a Finance and Accounting department located in our Sarnia, Ontario Office.

Company Mission: Creating Stakeholder value through market-based solutions. Company Core Values: Integrity – We do the right thing, every time, with courage and character. Respect – People are trusted and treated fairly.

Teamwork – We create a positive, collaborative environment, where no one person or line of business is above the greater good of the Factor Team. Value Creation – We strive to create value for our stakeholders, from our shareholders to our customers. Entrepreneurial Attitude – Factor employees embrace an owner’s attitude, striving to out-work competitors and innovate as we seek continuous growth in our marketplace.

Accountability – Factor employees will be empowered to make decisions within the authorities granted. At all times, we will be accountable for our decisions and the outcomes, positive or negative. Role Overview: Reporting to the Manager of Finance & Treasury you will be working closely with external stakeholders and the Factor logistics, marketing and accounting teams.

Your main areas of focus will be oversight of accounts payables, accounts receivables and financial reporting. You will also be involved with corporate excise and income tax and managing counterparty credit risk. Responsibilities and Accountabilities: Oversee and backfill accounts payable and accounts receivable analysts.

Support the team with complexities that arise in the analyst roles and assist with and/or complete review of external stakeholder statements. Review of monthly financial reporting including journal entries, account reconciliations, financial statements and operational reporting Manage the annual financial statement audit, prepare interim/year-end working papers, compile supporting documents and drafts financial statements. Allocate tracing and vouching tasks to team members as necessary.

Maintain credit positions with third parties (customers and suppliers) and identify alternatives and plans to address exposures as needed. Perform credit reviews and complete annual credit review rotation. Keep management informed of issues or concerns around credit risk.

Responsible for excise tax planning, reporting and compliance with all federal, state, and local motor fuel, cap & trade and sales taxes. Ownership of corporate tax installments and general ledger reconciliations with various jurisdictions. Work with audit firm to review and approve annual corporate income tax filings.

Review un-invoiced accounts payable on a quarterly basis and make write off recommendations to the Manager of Finance and Treasury. Troubleshoot accounting system technology issues or discrepancies as they arise. Oversee and manage annual accounting system upgrade.

Review and approval of payments on a weekly basis. Work closely with the sales/marketing and logistics teams in evaluating contracts and providing input and feedback on cashflow and other financial considerations. Ensure compliance of process and documentation with company policies.

Qualifications and Experience: CPA designation and 3 to 5 years of relevant accounting work experience. Proficient in office software tools such as Excel, Word and PowerPoint. Be a critical thinker who can effectively analyze a problem and make an informed recommendation.

Multi-task by handling multitude of issues and prioritizing initiatives. Highly motivated and organized individual who is willing to learn and can meet deadlines. Ability to work independently and as part of a team.

Demonstrate strong verbal and written communication skills. Have an ability to self-direct in a team-based context. Experience with E-One accounting software is an asset but is not required.

Energy experience an asset but not essential. This position may be based out of Corunna, Ontario or Calgary, Alberta. If the candidate is based in Calgary, a moderate level of travel will be required to the Corunna, Ontario office.

Factor offers a competitive total compensation package that includes a comprehensive benefits package, base salary, and eligibility for a discretionary bonus. While we thank all candidates for taking the time to apply, Factor will only contact those candidates selected for interview. Job Type: Full-time Benefits: Casual dress Dental care Disability insurance Employee assistance program Extended health care Life insurance Paid time off Vision care  Work Location: In person Application deadline: 2024-07-12