FO-TMA 21R - Senior Lease Accountant Position Classification
Financial Officer (TMA) R21 Union
GEU Work Options Location
Burnaby, BC V3J 1N3 CA (Primary)Salary Range
$67,728.87 - $77,012.22 per annum plus 6.6% Temporary Market Adjustment (TMA) Close Date
6/16/2023 Job Type
Regular Full Time Temporary End Date Ministry/Organization
BC Public Service -> Liquor Distribution Branch Ministry Branch / Division
BC Liquor Distribution Branch Job Summary Senior Lease Accountant
Financial Officer (TMA) R21About the BCLDB:
At the Liquor Distribution Branch (LDB) our vision of 'Service. Relationships. Results.' is all about providing a valued service, building strong relationships with our stakeholders, and achieving greater results for the province.
The LDB is one of two branches of government responsible for the cannabis and liquor industry of B.C. We operate the wholesale distribution of beverage alcohol and non-medical cannabis within the province, as well as the household retail brands of BC Liquor Stores and BC Cannabis Stores.
We employ nearly 5,000 people in over 200 communities and have hundreds of career opportunities spanning our entire wholesale, retail and corporate operations - from supply chain logistics to high-tech solutions, and everything in between. The LDB has been named one of BC's Top Employers 14 times over for offering exceptional places to work, flexible work hours and earned days off, extended health and dental benefits, maternity and parental leave top-up payments, a pension program, in-house professional and leadership development, and subsidies for professional accreditation.
Finance is separated into five work groups (Finance Corporate, Finance Wholesale, Finance Retail, Regulatory, and Shared Services) and provides financial services to all LDB departments. The Finance division provides financial reporting, advisory services, budgeting, capital asset reporting, and financial transactional processing (banking, accounting payable, accounts receivable). Finance is responsible for the LDB's enterprise risk management program and oversees regulatory compliance for BC liquor manufacturers/warehouses.About this role:
Reporting to the Senior Manager, Project Accounting, the Senior Lease Accountant administers the overall LDB lease accounting process, applies the proper accounting treatment for new lease arrangements, and support the month end financial close process.This role will also be a point of contact with our internal stakeholders, such as the real estate team, financial planning & corporate accounting. In addition, this role will interface with the LDB's external auditors on lease accounting related topics.
The primary responsibility of the Senior Lease Accountant is to ensure lease accounting is compliance with accounting standards (International Financial Reporting Standards) by reviewing applicable financial data on a lease contract, calculating the lease liability and interest components and maintaining/updating lease accounting schedules. This responsibility includes re-evaluating lease calculations and assumptions when there are new leases or if there are extensions or terminations of existing contracts. In assessing changes/modifications to leases, the sound judgement needs to be exercised to determine the appropriate accounting treatment. The Senior Lease Accountant ensures that the general ledger accurately reflects leasing information and is reconciled to the lease accounting schedules.
A criminal record check is required.
For complete details about this opportunity, including accountabilities, please refer to the attached job description, also located in the Additional Information section at the bottom of the posting.
An eligibility list for permanent or temporary future opportunities may be established.Position requirements:Education and Experience:
- Canadian professional accounting designation (i.e., CPA) and a membership in good standing.
Note: If your designation was obtained from outside of Canada, you will need to confirm it has been assessed for equivalency through an applicable Canadian Accounting Association.
Preferred qualifications include:
- Experience in lease accounting.
- Experience with Oracle.
To be considered for this position, your application must clearly demonstrate how you meet the education and experience as outlined in the position requirements section above. Applicants selected to move forward in the hiring process may be assessed on the knowledge, skills, abilities and competencies as outlined in the attached Job Description. Applicants must meet the requirements as described below to be considered:
- A cover letter is required as part of your application. The content and/or format of your cover letter may be evaluated as part of the assessment process.
- Ensure your resume includes your educational accomplishments, employment history including start and end dates (month and year) of your employment, and any relevant information that relates to the job to which you are applying.
For specific position-related enquiries, please contact Harshada Nair at 604 252 8561.
Only applications submitted using the BC Public Service Recruitment System on this website will be accepted. For more information about how to create or update your profile, please refer to the attached Application Instructions or refer to the Job Application page on the MyHR website. If you are experiencing technical difficulty applying for a competition, please send an e-mail to BCPSA.Hiring.Centre@gov.bc.ca
before the stated closing time, and they will respond as soon as possible to assist you.Note:
Applications will be accepted until 11:00pm Pacific Time on the closing date of the competition.Working for the BC Public Service:
The BC Public Service is committed to creating a diverse workplace to represent the population we serve and to better meet the needs of our citizens. Consider joining our team and being part of an innovative, inclusive and rewarding workplace.
This position is eligible for flexible work arrangements, such as a hybrid work combination of in-office and work-from-home, following the guidelines established for flexible workplaces .
The Indigenous Applicant Advisory Service is available to applicants that self-identify as Indigenous (First Nations, status or non-status, Métis, or Inuit) seeking work or already employed in the BC Public Service. For guidance on applying and interviewing, please contact IndigenousApplicants@gov.bc.ca
The BC Public Service is an award-winning employer and offers employees competitive benefits, great learning opportunities and a chance to engage in rewarding work with exciting career development options. For more information, visit What the BC Public Service Offers .Job Category
Banking, Finance and Insurance