General Accountant

We have a new opportunity for a General Accountant with our client who is a company that focuses on investments in areas such as childcare, education, and real estate in Canada. Their goal is to ultimately create a long-lasting impact for all parties involved.

Your new role:

General Accountant

In this role, you will handle critical financial tasks for their non-operating entities.

Your responsibilities include:

Accounting and Financial monthly reporting:

• Execute end-to-end month-end activities, including journal entries, accruals, and reconciliations for non-operating companies.
• Review and process intercompany, accounts receivable (AR), and accounts payable (AP) invoices related to non-operating entities. Manage collections and disbursements.
• Analyze and present key monthly results.
• Ensure accurate preparation and submission of HST returns.
• Implement and prepare a rolling forecast for non-operating companies, incorporating data-driven assumptions and strategic initiatives.
• Provide data and support to external stakeholders, including board members, auditors, and the bank.
• Identify and implement opportunities for process efficiency.
• Participate in finance-related projects and initiatives.
• Complete additional reports and assignments as directed by the Finance Manager.
• Drive continuous improvement efforts within the function and department.

Consolidations:

• Prepare consolidated financial statements and perform analysis.
• Develop a consolidated forecast that involves both operating and non-operating company projections.
• Collect monthly trial balances for operating companies and create a consolidation model using predefined templates, ensuring accurate elimination entries.
• Share the combined information with Finance Managers for their review and inclusion in the package and commentary shared with the executive members.

Cash flow and investments:

• Regularly monitor group-level cash balances with the bank and provide daily transaction reports.
• Implement a cash flow forecast to evaluate the overall financial health of the group. Identify any short-term concerns or requirements.
• Be able to identify and point out potential issues and propose actions to uphold internal cash management and alleviate risks.

Requirements:

• A background consisting of 3+ years in general accounting, including experience with full cycle accounting, including previous experience with investments.
• An undergraduate degree with a major in accounting or possesses a combination of equivalent work experience and education.
• Demonstrates advanced computer skills, particularly in Microsoft suite programs, including proficiency in Microsoft Excel.
• Enrolment in or possession of a CPA designation is an asset.
• Familiarity with Canadian General Accepted Accounting Principles (GAAP) and practical experience in financial statement preparation.
• Experience using Accpac & Sage accounting software is considered an asset.
• A team player with ambition for growth.
• Strong communication skills, adept at interacting with various members of the organization.
• Possesses a solid business acumen and can comprehend and support business-driven initiatives.
• The ability to succinctly present financial observations, analyzes, and recommendations.
• Highly analytical, fuelled by curiosity, and exercises sound business judgment from training and experience.
• Capable of evaluating and enhancing financial reporting systems, accounting procedures, and business/investment performance. Provides recommendations for improvements.
• Can seamlessly transition between detailed tasks and macro-level perspectives within the function and across projects.

What you get in return:

A competitive base salary + vacation allowance + 8 PTO days + CPA educational support + hybrid work model after the probationary period.

What you need to do now:

If you are interested in being presented to this opportunity, please apply to this position with your updated resume, and please let us know what base salary you are open to for the role.