Corporate Data Management Director
2 months ago
At Myant, we are creating the world’s first expressive and continuous digital presence platform, enabled by integrating technology directly into clothing and augmented by other devices, wearables, and IoT. Humans have a fundamental desire and need to be connected to our environment, family, community, and technology. This level of connection will create a paradigm shift in the way we deal with each other, especially from afar, allowing for more meaningful relationships and more in-depth representation of ourselves.
Such an interface could fuse data with other devices that we use periodically and data with other IoTs in the environment. People could then leverage their physical presence over their digital presence to communicate and share personal wellbeing. This could unlock healthcare that is proactive and preventative, social connectedness that is more profound, enable care distribution models to be seamless and on-demand, better fitness insights, safer working environments, and more.
The vision for SKIIN - our first consumer-facing brand - is to enhance human ability through connected clothing and textiles. Skiin is in beta-phase market launch and has been recently granted Health Canada medical device license and submitted to FDA for regulatory approval in the US market. The sensors and actuators embedded within our apparel create your Digital Identity, which will be consumed by those who matter to you - your family members, physicians, trainers, and other IoT devices - without you consciously having to think about it. The line between the digital and physical world is becoming increasingly blurry, and we believe textile is the next medium to bridge that gap.
We are a multi-disciplinary technology team solving big challenges at the intersection of electronics, deep tech, software, design, advanced manufacturing, and data science.
What we offer at Myant:
- Employee stock options
- Paid Sick Days and Floating Days
- Group Health Insurance Plan
- RRSP matching Plan
- Corporate Events
- Exposure working in one of the most innovative and forward-thinking tech companies.
Role
The role is responsible for overseeing the daily operations of the accounting department, including managing staff, ensuring accurate financial reporting data, and maintaining strong internal controls. This role ensures the timely and accurate completion of month-end and quarter-end close activities, as well as account reconciliations and accounts payable. strong>
Team Leadership & Management:
- Lead and manage the accounting operations team, including hiring, training, and evaluating staff performance.
- Develop and implement accounting policies and procedures to ensure efficient and effective operations.
Strategic Planning:
- M&A Activities: Assist the Corporate Development team with financial due diligence, integration, and post-acquisition activities. Support the company's growth through strategic acquisitions.
- Work closely with the CFO and COO to drive the company's financial strategy and planning. Provide insights and recommendations to both short-term and long-term growth plans.
Accounts Payable:
- Oversee the accounts payable process, ensuring timely and accurate processing of vendor invoices and payments.
- Implement and maintain controls over the accounts payable process to prevent errors and fraud.
- Ensure compliance with company policies and relevant regulations related to accounts payable.
Month-End and Quarter-End Close Activities:
- Oversee the month-end and quarter-end close processes, ensuring all financial data is accurately recorded and reported on time.
Account Reconciliation:
- Supervise the account reconciliation process, ensuring all balance sheet accounts are reconciled accurately and in a timely manner.
- Review reconciliations for accuracy, completeness, and compliance with accounting policies.
- Identify and resolve any discrepancies or issues found during the reconciliation process.
Internal Controls & Compliance:
- Maintain and enhance internal controls to safeguard the organization's assets and ensure the integrity of financial reporting.
- Ensure compliance with all applicable financial regulations, including tax reporting and filings.
Process Improvement:
- A key member of the ERP project team, developing and implementing the new processes and procedures for accounting operations.
- Identify opportunities to streamline accounting processes and implement best practices to improve efficiency.
- Leverage technology to enhance the accuracy and timeliness of financial reporting and accounting operations.
Corporate Tax:
- Prepare quarterly Canadian income tax provisions.
- Prepare various Canadian corporate income tax filings and election forms including but not limited to (T2/ T5/ T5013/ T106/ T1134/ NR4/ T2057/ TP518 etc.).
- Provide tax analysis for financial statement and management reporting.
- Assist with the accounting of tax during period-end such as reconciliations and financial reporting.
- Communicate as necessary with CRA and provincial tax authorities to ensure tax returns are assessed/reassessed correctly.
- Prepare working papers to address various CRA / provincial tax audit inquiries.
- Provide ongoing assistance for income tax on various tax-related matters.
Qualifications:
- University degree in Accounting or Finance.
- Professional Accounting Designation, CPA.
- Strong knowledge of GAAP, IFRS, and other relevant accounting standards.
- Proficiency in accounting software and ERP systems; li>
- MS Office suite of products with an emphasis on strong Excel skills.
Attributes:
- Proven leadership and team management abilities.
- Strong analytical and problem-solving skills, with the ability to interpret complex financial data.
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