Accounting Manager

Overview:
Provide strategic financial/accounting leadership to support the business in achieving financial targets. The incumbent will play a key role in overseeing the day-to-day operations of the corporate accounting function, ensuring accurate and timely financial reporting, compliance with regulatory requirements, and implementing best practices in financial management. The ideal candidate will have a strong background in corporate accounting, excellent leadership skills, and a proven ability to drive process improvements.

Key responsibilities:
§ Manage all accounting functions for Hydel while providing financial and accounting guidance to accounting staff

§ Responsible for the financial accounting, reporting and tax compliance

§ Provide support to the Operations/Manufacturing Group with Cost Accounting analysis and to the Corporate Controller with consolidated reporting.

§ Report monthly financial results and provide detailed variance analysis in comparison to budget and prior year

§ Coordinate internal control documentation; investigate and implement internal control improvements as necessary

§ Sign off all Cash receipts, bank deposits, all Credit notes issued, bi-weekly payroll inputs and J.E’s,

§ Monitor cash flow to ensure we maintain a positive position, calculate monthly depreciation

§ Prepare & enter monthly J.E.’s for month end processing

§ Ensure month end closing is completed on the last day of the month

§ Review and sign all A/P cheques prior to them being sent out

§ Prepare AFE’s for approval

§ Analyze and reconcile balance sheet accounts; maintain fixed asset subsidiary ledger

§ Prepare annual Budget for approval

§ Responsible for year end audit requirements

§ Oversee payroll functions, ensuring tax compliance (GST, PST, EHT, Income Tax)

§ Prepare month end GST for payments, month end WSIB for payment, quarterly PST for payment

§ Authorize all Stock Adjustment Requests

§ Attend Production meetings and provide inputs weekly production and labour requirements

§ Oversee development and implementation of processes and procedures to improve our manufacturing and delivery commitments

§ Oversee development of processes and procedures to improve our supply chain requirements

§ Analyze inventory to determine appropriate levels and obsolescence provision

§ Develop a detailed knowledge of the ERP system and implement updates / new software where appropriate

§ Prepare annual Performance Appraisal’s for appropriate employees

§ Research new accounting pronouncements and provide summaries to CFO and Corporate Controller regarding applicability and implementation guidance

Competencies required:
§ Professional Designation (CPA/CGA/CMA) with a minimum of 5 years post-designation experience is required

§ Superior understanding of GAAP, emerging accounting issues and reporting requirements is required

§ Excellent communication and supervisory skills are a must

Experience in a manufacturing environment with cost accounting responsibilities is strongly preferred

If you are a dedicated professional with a strong background in accounting, we invite you to apply for this position. We offer competitive compensation packages, opportunities for career growth, and a supportive work environment. Join our team as an Accounting Manager and contribute to the success of our organization.

Job Type: Full-time

Salary: $100,000.00-$110,000.00 per year

Benefits:

• Dental care
• Life insurance
• On-site parking
• Paid time off

Schedule:

• Monday to Friday

Education:

• Bachelor's Degree (preferred)

Experience:

• Corporate Accounting: 8 years (required)

Work Location: In person

Expected start date: 2024-07-01