Accounting Manager Toronto, Ong&a

2 weeks ago

Toronto, Canada Tonal Full time

**Who We Are**

Tonal is the smartest home gym and personal trainer. It has completely revolutionized the way people work out at home, with its sleek design and advanced A.I. technology. We’ve united a diverse team of experts and decades of research to reinvent strength training, making it more efficient, more effective and more engaging.

With this in mind, we want to bring that same innovative approach to the workplace. At Tonal, we continue our shift of emphasis by growing our instrumental team. We collectively weave our knowledge and creativity, as we redefine the future of fitness. We are passionate about building products that transform lives, and building teams that transform the status quo. Together, we can be our strongest.

**Overview**

The Accounting Manager will be responsible for the monthly close and distribution of financial statements in accordance with GAAP and administration of all transactional accounting processes, by way of managing an in-house accounting team and outsourced accounting resources. In addition, the Accounting Manager will lead initiatives to establish and maintain internal controls and collaborate with operating groups to implement and improve the effectiveness of business processes.

This position is ideal for a high-energy and detailed-oriented accounting professional, who can both lead and train an accounting team as well as build collaborative and transparent working relationships with operating teams.

This position is based in Toronto and will report to the Corporate Controller.

**What You Will Do**:

- Manage an outsourced accounting team (India-based Accounting Manager, Senior Accountant, Junior Accountants) on daily operations, month-end close and reporting and adherence to policies and procedures
- Coordinate and review monthly close activities to ensure financial results are in accordance with US GAAP
- Develop, implement, and review reconciliation procedures to ensure internal controls are operating effectively
- Responsible for managing NetSuite including master data maintenance necessary for internal and external reporting
- Provide financial reports as needed for internal and external users
- Ensure monthly actuals are loaded to Adaptive platform
- Monitor bank balances, prepare and present weekly payment runs, and provide monthly bank compliance reporting
- Collaborate with supply chain, sales, and customer support operations, on the design and systems integration of business processes that impact accounting transactions
- Oversee inventory costing including the use of standard costs and FIFO basis of accounting
- Manage accounting-related information requests
- Function as primary contact for financial auditors
- Manage processes for collection and remittance of sales tax, including working with outside tax consultants

**Who You Are**:

- 8-12 years of experience supervising accounting cycles (order to cash, procure to pay, etc.) and general ledger, GAAP based, accounting and reporting
- Work history in either manufacturing, retail, or SAS-based companies with revenues greater than $100M
- Undergraduate degree in accounting or finance
- Experience managing outsourced accounting functions
- Experience with NetSuite
- Able to balance hands-on work (when necessary) with the effective delegation of tasks
- Able to function both as manager and mentor to the accounting team
- Collaborative and transparent communication style

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