Canadian Nuclear Laboratories22 reviews – Chalk River, ON
Execute and coordinate CNL’s project accounting and invoicing processes, specifically the timely and accurate recognition of revenue and subsequent invoicing of external customers for work performed. Ensure a steady cash flow through the timely collection of payments in order to assist the corporation in meeting its financial objectives and maintaining its credibility with its customers.
Prepares, verifies, approves and expedites invoices for CNL to customers in accordance with the pre-established requirements and conditions to ensure timely remittance of payments.
Creates and/or modifies CNL commercial contracts and related terms, including setup and maintenance of labour and non-labour bill rate schedules and billing files. Establishes and maintains job files to ensure the integrity of all pertinent billing documentation in accordance with CNL policies and audit requirements.
Prepares, verifies and reconciles receivables reports for management review and approval. Prepares and maintains weekly cash forecast for Accounts Receivable and Disbursements to assist in management decision-making and financial planning. Provides guidance to cash receipts function in applying customer payments.
Performs Oracle database updates by inputting all billable and non-billable contract information to ensure accurate tracking of costs and revenues associated with each job. Responsible for revenue recognition based on terms of contract provided for CNL projects as well as work in progress balances.
Liaises with customers for the inquiry and collection of overdue and/or short payments; resolves any discrepancies and issues and provides justification to managers to enable timely collection of payments.
Assists internal and external customers and auditors by producing, analyzing, investigating variances and providing assessment to ad hoc reports. Responds to specific queries about financial accounts and provides supporting documentation as needed.
Performs month-end production activities such as cost and revenue accruals, revenue recognition and account reconciliations to ensure proper revenue/cost allocations.
Provides training to new and/or junior staff in the use of the Oracle database; educates non-financial staff in financial issues such as accruals and reports to ensure consistency and integration of information.
Understanding of Generally Accepted Accounting Principles (GAAP) to facilitate accurate invoicing, revenue recognition and accruals.
Knowledge of financial systems (specifically Oracle) to understand how different modules interact and to be able to query and research information.
Knowledge of Microsoft Office to be able to create spreadsheet, write e-mails, etc.
Collaboration and teamwork skills in order to maintain a healthy work environment.
Strong analytical and problem-solving skills paired with sound judgment.
Ability to remain focused on the integrity of information and awareness of impact in an ever-evolving environment.
Strong interpersonal, organizational and prioritization skills to be able to coordinate, prioritize and plan work within daily, weekly and monthly timeframes.
College Diploma in a related field or 4 to 7 years related experience