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Manager, Retail Accounting

3 months ago

Toronto, Ontario, Canada Fire & Flower Full time

About Us:

Fire & Flower is a leading, technology-powered, adult-use cannabis retailer with more than 90 corporate-owned stores in its network. The Company leverages its wholly owned technology development subsidiary, Hifyre Inc., to continually advance its proprietary retail operations model.
Title
Manager, Retail Accounting

  • Finance & Reporting
Reports To
Associate Vice President

  • Finance & Reporting
Job Overview

Competencies and Requirements

  • IFRS accounting knowledge and strong understanding of retail accounting concepts and analyses.
  • Handles department and store cost centre level accounting and reporting.
  • Experience with Microsoft D365 ERP systems an asset.
  • Comprehensive understanding of POS backoffice accounting and procedures
  • Strong communication skills and proven ability to liaise with key stakeholders.
  • Strong independent learning skills and ability to hit the ground running in a fastpaced environment.
  • Keen learner and is a resource for wellinformed retail accounting/reporting recommendations and ideas.
  • MS excel proficient experience with pivots, VLOOKUP's and excel formulae. Experience with SQL and other analytical tools also an asset.
Essential

Responsibilities:

  • Lead retail operations accounting, monthly close and financial reporting process, including management analysis
  • Adhere to month end, quarter end and reporting deadlines the company's month end close and signoff target is by 10 calendar days post fiscal month end
  • Prepare and deliver in a timely and accurate manner, monthly financial reports, compliance reports and Board financial packages.
  • Key liaison with the external auditors and internal control auditors to execute quarterly reviews/annual audits.
  • Prepare the quarter internal controls summary for the board package.
  • Direct daytoday oversight of staff accounting team and review working papers produced by staff accounting team Produce weekly, biweekly, and monthly management report of budget to actual results, monthly variance analysis, and reporting on other KPIs as required by the FP&A/operations team and for external reporting purposes.
  • Support operations accounting team in the preparation of the monthly analysis and reporting on the Company's capital and intangible assets portfolio.
  • Manage the onboarding of new stores for accounting and reporting purposes
  • Identify, investigate, analyze and report on account variances.
  • Maintain general ledger balance sheet accounts by reconciling accounts details and control accounts;
  • Prepare monthly and quarterly financial disclosure and process checklists ensuring all procedures, internal controls, and analysis has been completed in accordance with the company's policies and procedures.
  • Ensuring compliance with appropriate regulations and tax laws including timely filing of related tax returns (i.e. HST, tax returns, cannabis regulatory reporting as required).
  • Oversee execution & review of financial controls of the department, including monthly reconciliation.
  • Provide accounting and system guidance to the business units as it relates to new products, processes or business streams
  • Translate highlevel, complex business requirements into functional reports and analytical tools, and assist senior level management with complex financial analysis and commentary.
  • Complete account reconciliations and adhoc analysis as assigned.
  • Review and approve AP coding of invoices and ensure coding is appropriately recorded in GL accounts, store and department cost centres
  • Participate and support the Company's financial accounting/report automation and process improvement projects.
Education, Training and Experience

  • Bachelor's degree in accounting, business, finance, or similar
  • 4 + years experience in retail accounting and reporting experience in a supervisory capacity
  • Professional designation required
  • Public reporting and large accounting firm experience preferred
  • Fully Remote Opportunity*Fire & Flower values the diversity of the people it hires and serves. Inclusion to us means fostering a workplace in which individual differences are recognized, appreciated, respected, and responded to in ways that fully develop and utilize each person's talents and strengths.