Loren Nancke

JOB OVERVIEW

 

The primary role of the Intermediate Accountant is to work as part of a team, completing a wide range of basic to moderate accounting work that constitutes the core of accounting services that Loren Nancke provides its clients. Intermediate Accountants are expected to continue to develop their professional judgement, build awareness of scope changes on files and begin to review and guide Staff Accountants, always maintaining and providing exceptional accounting services to our clients.

 

JOB ACCOUNTABILITIES

 

Financial Reporting:

 

• Completes basic to moderate complexity file compilation and working paper preparation
• Prepares correspondence and working papers for the Canada Revenue Agency compliance reviews and audits
• Assists with planning and managing time budgets
• Prepares cost estimates in keeping with Loren Nancke’s polices around client quotes
• Engages with clients to understand their needs, adapting solutions and scoping the accounting work accordingly to best meet the client’s needs
• Advises on accounting systems and software and inventory control systems
• Compiles and organizes client information and records, recording all financial activities for clients
• Provides compliance audit support
• Communicates with the Canada Revenue Agency

Management Accounting:

 

• Provides bookkeeping services and assists with identification of appropriate record keeping methods in various client situations
• Reviews bookkeeping work of Staff Accountants and provides feedback
• Conducts new client meetings and engages in discussions with clients regarding changes on reporting needs
• Manages and changes allocation of time on engagement files
• Evaluates data and information on engagement file to accurately estimate budgets and billing
• Participates in training meetings and performance management analysis

Strategy and governance:

• Participates in providing improvements to internal processes, policies and practices and updates Partners accordingly
• Identifies and anticipates engagement issues and risks and recommends appropriate risk management strategies
• Ensures compliance with regulatory requirements and professional standards
• Takes proactive approach to create efficiencies in operational and internal processes
• Understands billing policies and rates and drafts billings for Partners accordingly
• Remains up-to-date on firm standards, policies and procedures

Taxation:

• Prepares financial statements, tax returns and schedules including corporate, trust and personal
• Assists with preparation of tax elections and other tax forms
• Applies income tax act research for engagement files
• Begins to evaluate tax issues and provides clients with explanation on tax return(s) and information
• Utilizes the CPA Handbook, Income Tax Act and Canada Revenue Agency website to understand financial and tax information
• Follows-up on Notice of Assessment deadlines
• Meets due dates for the Canada Revenue Agency filings
• Populates data into software, following-up with client for missing information
• Determines complexity of file and notifies preparer accordingly
• Gathers information and data for use in returns

 

JOB COMPETENCIES

 

TECHNICAL SKILLS

File Management

Completes basic to moderate complexity files identifying scope changes on files, keeping Partners informed throughout file engagement, and verifying that the full range of accounting and administration activities meets the needs of our clients.

Client Relationships

Takes an active role in engaging with clients, responding to client needs and developing rapport with clients, maintaining strong client relationships through quality execution and follow-up. Programs

Leverages various software, programs and cloud-based software, including Nitro, CaseWare, CaseView, Microsoft Suite, QuickBooks, Sage, Xero, TaxCycle and DoxCycle, PAGE.

ENABLING SKILLS

Communication

Communicates effectively with clients and coworkers, asking appropriate questions, adapting communication to the tailored audience and representing the firm in a professional manner at all times.

Decision Making and Problem Solving

Identifies risks on files, applying information and experience to create proposed solutions and understanding when to seek assistance by escalating to a more senior Accountant to troubleshoot issues.

Teamwork and Leadership

Integrates into team, demonstrates a strong commitment to the team environment and works with the Accounting Manager to successfully begin to plan, coordinate, delegate and oversee work of Staff Accountants to uphold exceptional client service. 

Firm Contributions

Upholds quality client service by meeting engagement objectives including adhering to time, budgets and outcomes, dealing with clients in a professional manner at all times and actively supports and participates in firm and/or community initiatives.

Self Development

Takes ownership of work, personal/career/goal development and acts as support to Staff Accountants and peers to ensure work outputs meet firm and client needs.

Professionalism and Ethics

Demonstrates awareness of standards, policies and procedures in industry and of the firm, maintaining ethical behaviour at all times.

           

QUALIFICATIONS

 

• Completion of post-secondary degree
• Working towards CPA designation
• Minimum of 2 years of public practice experience in Canada
• Exposure to Nitro, CaseWare, CaseView, Microsoft Suite, QuickBooks, Sage, Xero, TaxCycle and DoxCycle, PAGE considered an asset