Accounting Manager

2 months ago


Concord, Canada Hydel Inc. Full time

**Overview**:
**Key responsibilities**:

- Manage all accounting functions for Hydel while providing financial and accounting guidance to accounting staff
- Responsible for the financial accounting, reporting and tax compliance
- Provide support to the Operations/Manufacturing Group with Cost Accounting analysis and to the Corporate Controller with consolidated reporting.
- Report monthly financial results and provide detailed variance analysis in comparison to budget and prior year
- Coordinate internal control documentation; investigate and implement internal control improvements as necessary
- Sign off all Cash receipts, bank deposits, all Credit notes issued, bi-weekly payroll inputs and J.E’s,
- Monitor cash flow to ensure we maintain a positive position, calculate monthly depreciation
- Prepare & enter monthly J.E.’s for month end processing
- Ensure month end closing is completed on the last day of the month
- Review and sign all A/P cheques prior to them being sent out
- Prepare AFE’s for approval
- Analyze and reconcile balance sheet accounts; maintain fixed asset subsidiary ledger
- Prepare annual Budget for approval
- Responsible for year end audit requirements
- Oversee payroll functions, ensuring tax compliance (GST, PST, EHT, Income Tax)
- Prepare month end GST for payments, month end WSIB for payment, quarterly PST for payment
- Authorize all Stock Adjustment Requests
- Attend Production meetings and provide inputs weekly production and labour requirements
- Oversee development and implementation of processes and procedures to improve our manufacturing and delivery commitments
- Oversee development of processes and procedures to improve our supply chain requirements
- Analyze inventory to determine appropriate levels and obsolescence provision
- Develop a detailed knowledge of the ERP system and implement updates / new software where appropriate
- Prepare annual Performance Appraisal’s for appropriate employees
- Research new accounting pronouncements and provide summaries to CFO and Corporate Controller regarding applicability and implementation guidance

**Competencies required**:

- Professional Designation (CPA/CGA/CMA) with a minimum of 5 years post-designation experience is required
- Superior understanding of GAAP, emerging accounting issues and reporting requirements is required
- Excellent communication and supervisory skills are a must

Experience in a manufacturing environment with cost accounting responsibilities is strongly preferred

**Salary**: $100,000.00-$110,000.00 per year

**Benefits**:

- Dental care
- Life insurance
- On-site parking
- Paid time off

Schedule:

- Monday to Friday

**Education**:

- Bachelor's Degree (preferred)

**Experience**:

- Corporate Accounting: 8 years (required)

Work Location: In person

Expected start date: 2024-07-01


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