Junior Accountant

Merit Ontario is a construction association supporting small to large construction companies with workforce needs across Ontario. Our talent specialists provide recruitment services and customized solutions to find quality candidates.Our member is looking to hire a Junior Accountant to join their team in Brantford, ON.Job DescriptionThe Junior Accountant is responsible for managing and maintaining the company’s financial records in an accurate and timely manner. This role involves preparing journal entries, reconciling accounts, assisting with monthly and year-end closings, and supporting audits. The Junior Accountant ensures compliance with applicable accounting standards, laws, and company policies, while providing accurate financial information to support decision-making and financial planning. Quickbooks experience is essential.Key ResponsibilitiesMinimum 3 Years ExperiencePrepare fully reconciled monthly financial statement (Balance Sheet and Income Statement) for review by management by the 16th of each monthEnsure accurate financial reporting by accruing purchases and expenses through appropriate journal entries or inventory adjustmentsResponsible for verification, allocation, and posting details of business transactions to customers’ accounts from documents such as sales slips, invoices, receipts, cheque stubs, credit card batches and computer printouts ensuring AR transactions are applied accurately to customer accounts or deposits on customer accountsReconciling and balancing accounts in Quickbooks to ensure any duplicate/incorrect transactions are resolved and the accounts are balancedCompile all outstanding Accounts Payable, Accounts Receivable reports to show financial statements statistics, such as cash receipts and expenditures, accounts payable and receivable, profit and loss, and other items pertinent to operation of businessPrepare weekly accounts payable report complete with supporting documentation for review and approval by managementReview, verify, and process vendor invoices through 3-way matching, accurate coding, and timely entry into the system, and prepare payments for management approvalProcess and upload all account payable transactions through RBC ExpressPrepare and submit for Approval wire transfers and create transfers between bank accountsEnter daily transactions /invoices into the proper accounts in Quick BooksReconcile Balance Sheet accounts monthly to ensure accuracy - i.e., Vacation pay accrual, payroll clearing accounts, etc.Review payroll timesheets and ensure accurate allocation of labor costsCreate and document Journal Entries and Adjusting Entries when requiredPrepare and maintain Tax filing schedules submitting monthly for review and paymentManage Depreciation schedules and create necessary Journal Entries in Quickbooks to reflect itReconcile all bank, company credit cards, and loan accounts monthlyAssist Management on Month, Quarter, and Year End activitiesSupport Year End audit working papers and assist external auditors with audit processProcess and reimburse all approved employee expenses each pay periodCalculate biweekly group benefit deductions and ensure proper accuracy is maintainedReconcile and submit WSIB and government payroll taxes as requiredProcess and review all T4s and correct any errorsPay$55,000.00-$65,000.00 per yearBenefitsDental careExtended health careDisclaimer: Although Merit Ontario employs artificial intelligence enabled tools to conduct initial application screening based on job-related criteria, decisions about who progresses in the hiring process are always made by people. Only qualified candidates will be contacted. #J-18808-Ljbffr