About this Manager, Revenue and Receivables role at Telesat
Telesat (Nasdaq and TSX: TSAT) is a leading global satellite operator, providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecommunications, corporate and government customers for over 55 years. Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat has grown to be one of the largest and most successful global satellite operators.
Telesat Lightspeed, our revolutionary Low Earth Orbit (LEO) satellite network, scheduled to begin service in 2027, will revolutionize global broadband connectivity for enterprise and Government users by delivering a combination of high capacity, security, resiliency and affordability with ultra-low latency and fiber-like speeds. Telesat is headquartered in Ottawa, Canada, and has offices and facilities around the world.
The company’s state-of-the-art Satellite fleet consists of 12 GEO satellites, the Canadian payload on ViaSat-1 and one LEO 3 demonstration satellite. For more information, follow Telesat on X and LinkedIn or visit www.telesat.com
The Manager, Revenue and Receivables is responsible for overseeing the revenue accounting and billing functions for Telesat and its subsidiaries, credit and collections for the Consolidated group of companies, and implementation and maintenance of revenue reporting and related controls.
Main Responsibilities
- Lead, mentor, and develop a team of 7 finance professionals, fostering a culture of continuous improvement, efficiency, and professional growth
- Responsible for the accurate and timely reporting of the Company’s revenues while developing strategies to decrease financial close times
- Review revenue contracts and determine appropriate revenue recognition treatment, including the preparation or review of accounting memos to support revenue recognition for complex contracts
- Assist in the development, implementation and maintenance of appropriate financial reporting systems for our LEO and GEO businesses and ensure appropriate controls are in place to support the accuracy and integrity of the financial information, LEO ERP project is under development
- Leverage AI developments to assist in the modernization of reporting, analysis and collections
- Main point of contact with external auditors for consolidated audit and CRTC audit
- Meet monthly with Sales and Marketing VPs to determine collection strategies for a diverse portfolio of receivables
- Assess the adequacy of the AFDA and bad debt provisioning
- Review monthly journal entries and reconciliations, as well as quarterly requirements including backlog, KPI
- Assist with ad-hoc reports and special projects
Education and Experience Required
- Bachelor of Commerce Degree in Accounting (or Business Management, Finance or related discipline) from a recognized university
- Professional Accounting Designation (CPA, CMA, CGA)
- Minimum 8 years of experience
- Experience managing a team
- Experience with large complex ERP systems
Specialized Knowledge, Skill and Abilities
- Excellent management, communication and interpersonal skills.
- In-depth knowledge and understanding of IFRS.
- Thorough knowledge of the standard accounting procedures, internal controls and reporting practices.
- Sound understanding of foreign currency accounting at the subsidiary and consolidated levels.
- Strong analytical and reasoning skills.
- Detail oriented.
- Ability to work independently, solve problems and use sound judgment.
- Ability to handle multiple requests in order of priority.
- Demonstrated ability to effectively carry out projects and tasks within a complex work environment.
- Ability to work effectively in a team and adapt quickly to a changing environment.
