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Senior Accountant

2 months ago

Old Toronto Ontario, CA Peninsula Employment Services Limited Full time

Accountant – Peninsula Canada

Toronto, ON (On-site)

The Opportunity

This is a wonderful opportunity to join a young, dynamic, successful finance team as an Accountant for Peninsula Employment Services Limited (PES).

Job Overview

Part of the Peninsula Group based in the UK, PES is a provider of external human resources solutions, including employment relations advice, health and safety advice, and legal support to small and medium-sized businesses located throughout Canada. Peninsula currently operates in the U.K., Ireland, Australia, New Zealand, and most recently, Canada, and employs over 3,000 people globally. Peninsula opened its Canadian office in September 2017 and has quickly become one of the fastest growing companies in Ontario, Alberta, and British Columbia.

You have progressive accounting experience having worked in auditing or industry. You understand how important cash flow, reconciliations, and accuracy are. You understand the complexities of multi-year revenue contracts and having a healthy balance sheet. You combine excellent technical skills with a solid understanding of the business reality.

Success in this role means accurate and timely financial information, clean balance sheet accounts, and a clear audit trail.

Reporting to: Accounting Manager

Key Responsibilities

  • Prepare recurring and one-time accrual, prepaid, and miscellaneous journal entries.
  • Prepare accelerated revenue recognition worksheets monthly.
  • Prepare balance sheet reconciliations.
  • Prepare bad debt provisions and other estimates.
  • Investigate and solve reconciliation discrepancies.
  • Analyze overhead costs for savings opportunities.
  • Analyze contract profitability by various factors to determine price optimization.
  • Contribute to profit and loss variation analysis.
  • Assist in the preparation of monthly, quarterly, and annual financial reports to UK Group.
  • Calculate and file HST remittances.
  • Forecast and monitor cash flow.
  • Initiate bank payments for both internal approvals and bank online authorizations.
  • Validate intercompany charges between related companies.
  • Communicate with UK Group Finance and other departments as required.
  • Cross-train with other accounting roles and act as vacation/absence back-up.
  • Perform various other ad-hoc financial analyses as required.
  • CPA designation required.
  • 5-10 years of multi-provincial accounting experience.
  • Able to work under pressure to tight financial reporting deadlines.
  • Able to demonstrate sound knowledge of accounting control procedures.

Skills and Experience Required:

  • Outstanding organizational skills and attention to detail.
  • Demonstrated analytical skills and an investigative approach to problem solving.
  • Expert MS Excel knowledge including advanced formula and workbook analysis.
  • Excellent customer service approach in relating with colleagues.
  • Enthusiasm and willingness to learn.
  • Able to work autonomously and collaboratively in a team environment.
  • Demonstrates initiative, proactiveness, and ownership of the role.

This role is based in downtown Toronto (100% onsite).

Why Work at Peninsula

Peninsula is a highly motivated enterprise that promotes an entrepreneurial culture. Peninsula is committed to an inclusive, equitable, and accessible workplace where all employees are valued. Accommodations are available upon request for candidates participating in our selection process.

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