Senior Financial Accountant

1 week ago

Markham ON, Canada Xplore Inc. Full time

Position Overview:
*

The role of Senior Financial Accountant is a hands-on position, responsible for preparing the cash reporting, reconciling the bank accounts, assisting in the month end closing process, reconciling of balance sheet accounts and creating journal entries. The individual should be familiar with International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Concepts, Practices and Procedures. A heavy reliance on experience and judgment will be required for efficient planning and to accomplish goals. SAP experience is an Asset.

Key responsibilities include:

- Responsible for Daily Cash Position Summary and delivers to senior management. Monitor Cash position on a daily basis and initiate fund transfer.

- Responsible for monthly journal entries and balance sheet reconciliations including bank reconciliations, prepaids and other assigned accounts.

- Accounting for prepaid expenses ensuring prepaid and amortization schedules are updated (i.E. Insurance, Misc. Prepaid, Marketing, Contracts, Prepaid VRE, and ISED Fees)

- Responsible for reconciling and recording transactions for various bank accounts.

- Initiate wire transfers when requested by Accounts Payable or Management.

- Responsible for timely monthly sales tax and 911 tax filings and remittance to the government authorities, reconciliation of tax entries, remittances and receivables/payables and assisting with sales tax or 911 tax audits by government authorities

- Lease administration & accounting for computer, equipment and vehicle leases. Responsible for monthly reporting, payments and accounting entries

- Responsible for company insurance policy administration including maintaining accurate records for property and fleet policies, communication with insurance broker for claims, request for insurance certificate and compiling the data for insurance policy renewal. Complete renewal applications for all policies. Ensure updated registrations and insurance for all fleet vehicles.

- Prepare USD FX Analysis for opex and capex on a monthly basis to analyze the variance compared to budget.

- Other accounting responsibilities as assigned by Senior Accounting Manager to support requests from the business.

The ideal candidate will possess:

- 3-5 years of related experience in Finance

-An accounting designation (CPA) or actively enrolled to complete the designation

- Solid understanding of IFRS or GAAP, attention to detail, analytical, aptitude in dealing with numbers.

- Fast growth company experience

- Strong understanding of commodity taxes

- Telecom experience an asset

- Strong team leadership skills with a willingness to say what’s on your mind.

- Flexible approach to work with ensured closure of tasks.

- “Can do” attitude.

- Expert MS Office Skills - Excel

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