Accounting Lead

3 weeks ago

Edmonton, Canada Formations Inc. Full time

**Who we are**:Formations Inc. is a forward-thinking distribution company committed to provide quality product, knowledgeable staff and substantial financial commitment through inventory and investment in our customers to ensure the success of our customers, suppliers, and industry. Formations Inc. is a privately-owned wholesale distributor of non-structural wood products and accessories and Manufacturing of Cabinet Doors to the woodworking community in Western Canada**.**

At Formations, we are driven by a shared purpose**:Building a business that provides exceptional customer experience and inspires design.**

**What does Formations believe in?**

1) Respect - Respect for all teammates, customers, vendors & all other stakeholders

2) Accountability - Accountable to the team and holding others accountable

3) Team - Unified team working together to achieve the goals of the Company

4) Communication - Open, unbiased and honest communication

5) Innovation**:

- **Continuous improvement on all aspects of our business

**What you are looking for**:A great opportunity for an **Accounting professional** in the building supplies industry to support our corporate team in Edmonton, AB. You want a role where you can use your critical thinking, analytical and problem-solving skills and guide a team to create impact in the organization while completing your Chartered Professional Accountant (CPA) program or gain experience after completion.

**Summary of your responsibilities**:As an **Accounting Lead** you will oversee all day-to-day account processes and procedures to ensure the timeliness and accuracy of weekly bank reporting, monthly financial and management reporting requirements. In addition, the Accounting Lead is responsible for ensuring appropriate processes and procedures to ensure compliance with accounting standards and sales tax requirements. This position will have three direct reports: 2 Junior Accountants and1 Credit Analyst. This role will report directly to the Controller.

**Your Key Tasks**:

- Prepare the weekly bank reporting as required.
- Ensure all key monthly reporting reconciliations are complete and accurate.
- Review weekly payables and prepare weekly cash flow requirements to ensure discounts are taken when appropriate.
- Ensure deposits and payments are accurate in the bank and Business Central.
- Ensure master records are complete and accurate in Business Central. Coordinate timesheet approvals and prepare semi-monthly payroll for submission for approval.
- Prepare indirect tax reporting, review and follow up on any unusual variances each month.
- Prepare month end related working papers and entries.
- Ensure all financial processes are documented and maintained regularly to ensure they are complete and accurate with changes in the business. Prepare inventory count sheets and upload count adjustments.
- Support year-end audits and prepare year-end working papers.
- Complete annual T4 reconciliations and workers compensation reconciliations.
- Support internal management reporting as necessary.
- Prepare ad hoc analysis for branches as needed.
- Support or lead Finance Team projects as necessary.

**What you should bring to the role**:

- Currently enrolled in or completed Chartered Professional Accountant (CPA) program.
- Completion of a bachelor's degree is required. Business administration or commerce degree is preferred.
- Role is well suited to an individual with strong critical thinking, analytical, and problem-solving skills.
- Excellent communication skills (written and verbal).
- Advanced computer skills in Microsoft Office 365.
- Ability to prioritize workloads and the flexibility to manage multiple tasks and deadlines.
- Self-motivated and driven to continuously improve and add value to the organization.

**Job Types**: Full-time, Permanent

**Salary**: $70,000.00-$90,000.00 per year

**Benefits**:

- Casual dress
- Company events
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- Vision care
- Wellness program

Schedule:

- 8 hour shift
- Monday to Friday

Application question(s):

- Have you completed or enrolled in the CPA Program?

**Education**:

- Bachelor's Degree (required)

**Experience**:

- Accounting: 2 years (required)
- Microsoft Office: 2 years (required)

Work Location: One location

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