Accounting Manager

Job Title: Accounting Manager

Location: Scarborough, ON

Full-time, Permanent.

On-site

Our client located in Scarborough, ON is looking for an Accounting Manager to join their amazing team!!

Overview:

The Accounting Manager will be part of a fast-growing Accounting and Finance team, with opportunities to collaborate across different departments

Key Responsibilities:

• Use accounting software to prepare and record entries for assets, liabilities, revenue, and expenses by compiling and analyzing account information.
• Monitor inventory and Cost of Goods Sold status on a monthly basis.
• Generate monthly inventory control reports, including inventory valuation, counts, Bill of Materials, Work-in-Progress (WIP) analysis.
• Maintain and balance subsidiary accounts by verifying, allocating, posting, reconciling bank transactions, and resolving discrepancies.
• Verify, allocate, post, and reconcile accounts payable and receivable.
• Assist in the preparation of monthly financial statements.
• Produce accurate accounting reports and present the results.
• Maintain the general ledger by transferring subsidiary accounts, preparing trial balances, and reconciling entries.
• Summarize financial status by collecting data and preparing balance sheets, profit and loss statements, and other financial reports.
• Protect the organization’s value by maintaining confidentiality.
• Enter monthly adjusting journal entries.
• Handle accounting for intercompany transactions.
• Manage GST/HST, WSIB, and EHT reporting.
• Maintain an effective filing system.
• Take on additional responsibilities and special projects as assigned.

Knowledge and Skills:

• Thorough understanding of basic accounting procedures and GAAP.
• Familiarity with financial accounting statements.
• Advanced skills in MS Excel, including pivot tables.
• High attention to accuracy and detail.
• Strong numerical and quantitative aptitude.
• Ability to work under tight deadlines.
• Comfortable in a fast-paced and evolving environment.

Education/Experience:

• A minimum of 3 years of relevant accounting experience, with at least 1 year in manufacturing.
• At least 1 year of experience working with inventory management systems and online accounting software.
• Bachelor's degree in Accounting, Finance, or a related field.
• CPA designation or progress toward it is an asset.
• Experience with general ledger functions and the month-end/year-end close process.
• Previous experience supporting ERP implementation is a plus.