Performs general accounting, period-end close, SOX and financial statement audit support, revenue recognition, inventory valuation, contract accounting, variance analysis, account reconciliations, and statutory reporting. The role ensures accurate GAAP-compliant financial results, supports process and close optimization initiatives, and collaborates with Finance and Operations teams on business issues, special projects, and compliance activities.
The Financial Accountant is responsible for general accounting tasks related to period end closing, SOX / financial statement audit support, and other Financial Operations accounting related work and compliance. Working closely with the Operational and Corporate Finance Teams, the Financial Accountant will support key initiatives including enhancing business processes and the optimization of the close process.
Responsibilities- Responsible for general accounting tasks related to period end closing, SOX / financial statement audit support, and other Financial Operations accounting related work and compliance.
- Ensures financial results related to contract revenue recognition, inventory valuation and At-Risk contracts are reported accurately and in a timely manner in accordance with GAAP, corporate and regulatory requirements, both pre and post auction.
- Preparation and/or review of monthly and quarterly working papers relating to inventory and risk contracts, ensuring proper classification and no material misstatement.
- Prepares variance analysis for P&L and Balance Sheet.
- Maintains a solid understanding of the business, its transactional and contractual obligations and becomes directly involved in specific business issues and their resolution
- Prepare balance sheet account reconciliations.
- Prepare statutory compliance reporting.
- Participation in special projects, committees, and other accounting duties/projects as may be assigned.
- Perform other duties as assigned.
- 3-5 years of relevant experience preferred in an accounting or finance role.
- Advanced proficiency in MS Excel and accounting software. Oracle is an asset.
- Solid understanding of bookkeeping competencies.
- Excellent mathematical skills.
- Time management skills.
RB Global (NYSE: RBA)
RB Global (NYSE: RBA) (TSX: RBA) is a leading, omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its auction sites in 13 countries and digital platform, RB Global serves customers in more than 170 countries across a variety of asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining and agriculture.
The company’s marketplace brands include Ritchie Bros., the world’s largest auctioneer of commercial assets and vehicles offering online bidding, and IAA, a leading global digital marketplace connecting vehicle buyers and sellers. RB Global’s portfolio of brands also includes Rouse Services, which provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system; SmartEquip, an innovative technology platform that supports customers’ management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers; Xcira, a leader in live simulcast auction technologies; and Veritread, an online marketplace for heavy haul transport.
About the TeamAbout the team - Corporate
As a global company, our corporate teams support billions of dollars in equipment sales every year.
In joining our corporate services teams, you will be ensuring the business runs smoothly in your respective verticals and supporting the overall business to achieve our core objectives.
Every day your work will make a difference in the way we run our business and in the way customers interact with us.
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Performs period-end close, financial reporting, SOX and audit support, revenue recognition, inventory valuation, contract accounting, variance analysis, account reconciliations, and statutory compliance reporting. The role also supports process improvements, close optimization, special projects, and resolution of business accounting issues while ensuring compliance with GAAP and corporate requirements.
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