Summer Student, Assurance and Accounting - Private Enterprise

Inspirational, innovative and entrepreneurial - this is how we describe our empowered teams. Combine your passion with purpose and join a culture that is thriving in the face of change.

Make an impact with our Assurance & Accounting - Private Enterprise team as a Summer Student in our Toronto office for our Summer 2023 term. This diverse team of professionals are dedicated to exceeding clients’ unique needs within a rapidly evolving business and financial reporting landscape. As a trusted advisor, you’ll provide comprehensive, tailored financial information that enables clients to make informed decisions with confidence.

MNP is proudly Canadian. Providing business strategies and solutions, we are a leading national accounting, tax and business advisory firm in Canada. Entrepreneurial to our core, our talented team members transcend obstacles into opportunities and are successfully transforming mid-market business practices.

Performance Expectations

• Develop technical skills in areas such as: compilations, reviews, audits, bookkeeping and tax
• Develop and apply knowledge of International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (GAAP) and/or Accounting Standards for Private Enterprise (ASPE)
• Obtain and review documents from third party sources for audit process
• Set-up files for new clients and newly incorporated businesses, manage multiple files simultaneously and conduct inventory counts
• Collaborate with client engagement team prior to commencement of client work to discuss roles and responsibilities, risk areas, materiality and deadlines
• Perform accounts receivable, accounts payable, capital asset acquisition and disposition and payroll walk-through with the client in a professional manner
• Summarize current financial status by collecting information and preparing balance sheet, profit and loss statements and other relevant reports
• Assess appropriateness of audit evidence for expenses, revenues, capital asset additions, accounts payable, accounts receivable and prepaid expenses
• Review, investigate and correct discrepancies and irregularities in financial entries, documents and reports
• Establish charts of accounts and prepare entries for posting to accounts
• Prepare correspondence, technical reports, client summaries and presentations outlining findings, facts and highlights resulting from the client engagement
• Develop a thorough understanding of MNP’s services, businesses and industry through experiential learning with clients
• Liaise and correspond professionally with clients, colleagues and the firm leadership team
• Learn about clients’ key financial systems and how to analyze risk
• Analyze client financial reporting for accurate and appropriate recording of revenues and expenses
• Raise identified client issues that need to be addressed with managers and engagement partners
• Contribute to the development of new ideas and approaches to improve work processes while effectively using MNP internal programs and systems
• Raise awareness of MNP through discussions at community events including client and company sponsored functions
• Attend internal MNP courses to further develop accounting and assurance knowledge

Credentials

• Working towards a Bachelor’s Degree in Commerce or Business Administration (Accounting or Finance major preferred)
• Working towards all necessary prerequisites for admission into the Chartered Professional Accountants (CPA) Professional Education Program (PEP)
• Previous accounting related office experience is an asset
• Customer service and/or client service experience is desirable
• Experience working with, or exposure to, accounting and tax software such as Caseware, Profile, Quickbooks and Simply Accounting is beneficial
• Strong computer literacy including effective working skills of Microsoft Word, Excel and PowerPoint
• Some travel may be required

Core Competencies and Personal Characteristics

• Integrity– professional whose honesty, integrity, confidentiality and high ethical standards contributes to effective leadership and optimal business relationships
• Energy– displays enthusiasm, optimism, drive and passion while maintaining a high level of productivity and a balanced lifestyle
• Diversity– understands the importance of different backgrounds, perspectives and experiences and is respectful of individual differences
• Communication– effectively expresses ideas and conveys information in business writing, conversations and interactions with others
• Client Service Excellence– understands the importance of quality client service by being courteous, responding to client requests in a timely manner and monitoring satisfaction
• Teamwork & Relationship Development– works collaboratively with team members in order to achieve a common goal and develops, maintains and strengthens relationships with others, both inside and outside the Firm
• Accountability– takes responsibility for one’s own performance by setting clear goals and tracking progress against those goals; is highly organized and uses personal judgement and decision making
• Flexibility– effectively manages multiple assignments, adapts to changing priorities and is able to work independently or as part of a team