Senior Accountant

  • Porter Airlines Inc.
  • Toronto, Ontario
  • Full Time

The Senior Accountant will be a key member of the finance team, reporting directly to the Manager, Accounting. This role is responsible for supporting the day-to-day accounting operations (excluding Revenue Accounting), maintaining accurate financial records, and ensuring compliance with applicable accounting standards. The Senior Accountant plays a critical role in transactional accounting functions, contributing to the integrity of financial reporting, supporting internal controls, and helping to drive operational efficiency across the organization.

Duties & Responsibilities

  • Support monthly, quarterly, and annual financial close processes by preparing and reviewing journal entries, balance sheet reconciliations, and cash flow schedules.
  • Ensure compliance with internal accounting policies and external regulations, with a focus on maintaining sub-ledger integrity and accurate reconciliations.
  • Identify and contribute to process improvement opportunities to enhance efficiency and support the team’s goal of achieving a five-day close.
  • Monitor updates to accounting and auditing standards and assist with implementing necessary changes to maintain compliance.
  • Assist with the preparation of audit deliverables and collaborate with external auditors during the annual audit process.
  • Contribute to the preparation of financial reporting materials for internal and external stakeholders, including the Audit Committee.
  • Assist with documenting key financial processes and controls, helping to maintain the accuracy and completeness of Porter’s internal control framework.
  • Support internal control activities to ensure the integrity of financial reporting and compliance with regulatory standards.
  • Assist with general ledger maintenance and restructuring activities, including those related to legal entity combinations or reorganizations.
  • Prepare ad hoc financial reports and analyses to support management decision-making.
  • Collaborate with the broader finance team and other departments to ensure complete and accurate financial reporting.
  • Provide guidance and mentorship to junior team members, supporting a culture of accountability and continuous learning.
  • Support the accounts payable function, ensuring timely and accurate processing in accordance with company policies.
  • Actively participate in Porter’s Safety Management System (SMS) by identifying and reporting workplace hazards and promoting a safe work environment.

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, combined with a CPA designation (near completion is accepted).
  • A minimum of 3 years of financial accounting experience; experience in the airline industry or transportation sector is considered an asset.
  • Experience in industry having assisted in a financial statement close process.
  • Good technical accounting knowledge with a good understanding of Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and consolidated financial reporting.
  • Advanced proficiency in Excel with strong foundational skills required.
  • Good financial discipline, particularly in the areas of compliance.
  • 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.
  • Familiarity with large Enterprise Resource Planning (ERP) systems, API integrations, and other autonomous technologies.

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 a North American network from Eastern Canada. 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 Twitter.

Job ID: 474718638
Originally Posted on: 4/25/2025

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