Accounting Co-op Student or New Grads

2 days ago


Scarborough, Canada K2 Group Full time

K2 Group is a privately held, fully integrated company that strategically acquires, develops, constructs, and repositions hospitality, petroleum, and real estate assets throughout Canada. We are looking for motivated people to join our Team

**Job Duties and Responsibilities**
- Maintains records of financial transactions by establishing accounts, posting transactions and ensuring legal requirements compliance.
- Administration of payroll, including processing payroll, calculating source deductions, vacation pay, issuing ROEs and T4s, investigating and resolving payroll issues.
- Processing inter-company reconciliations, adjustments, journal entries, and balancing the general Ledger (month, quarter, year-end).
- Monthly reconciliations of the bank, prepaid, credit cards and other general ledger accounts.
- Reconciliations of accounts at period end to identify any errors or duplications in records.
- Maintain supporting documentation and a proper filing system for all financial transactions.
- Calculation and filing of government remittances such as HST, payroll reductions, EHT, and WSIB
- Assist in the processing of balance sheets, incomes statements and other financial statements according to legal and company accounting and financial guidelines
- Develops a system to account for financial transactions by establishing a chart of accounts, defining bookkeeping policies and procedures.
- Balances general ledger by preparing a trial balance; reconciling entries.
- Maintains historical records by filing documents.
- Manages AR and AP as well.
- Prepares financial reports by collecting, analyzing, and summarizing account information and trends.
- Contributes to team effort by accomplishing related results as needed.
- Any other tasks as assigned by the Manager.

**Job Requirements**
- Recent graduates or must be attending accounting, finance or business program.
- Working experience with fundamental concepts of accounting.
- Proficient with MS Excel and Word.
- Previous accounting related office experience is considered an asset.
- Experience working with accounting and tax software is considered an asset.

Schedule:

- 8 hour shift



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