Accounting Manager
1 month ago
Murphy's Pharmacies is a leading healthcare provider in Prince Edward Island, dedicated to delivering exceptional care and service to our clients. We're a team of passionate professionals who believe in lifelong learning and continuous improvement.
Job SummaryWe're seeking an experienced Accounting Manager to join our team. As a key member of our finance department, you'll be responsible for leading the monthly book close process, ensuring timely completion of books, and providing financial insights to inform business decisions.
Key Responsibilities- Lead the monthly book close process and ensure timely completion of books
- Revenue accounting and reconciliation between the Billing and accounting system
- Monthly review of trial balance and variance analysis
- Fixed asset reporting
- Prepare book close monthly and year-end files/documentation for annual audits/reviews
- Work with the team to meet day-to-day accounting and financial reporting requirements
- Preparation of monthly financial statements of companies/groups of companies
- Oversee Bank reconciliation, account reconciliations, and accruals
- Day-to-day accounting functions, including tax remittances, cash flow, customer credit, vendor credit, etc.
- Assist in finalizing corporate tax returns, depositing monthly taxes, and HST return filings
- Ensure the accuracy of data for reporting financial results regularly to management
- Treasury compliance – submitting reports to the banks for covenant compliance, etc.
- Oversee Account Receivable function, ensuring timeliness and accuracy of billing and collections
- Oversee the Account Payable function, ensuring all expenditures are valid expenses, accurately coded, properly authorized, and paid in a timely manner
- Maintain and improve financial processes and internal controls
- Identify cost-saving opportunities, inform management, and assist in improving operating profit
- Mentor financial staff and guide them in improving financial processes
- Evaluate accounting processes across different provinces, including sales and receivable, COGS and Inventory, time to book close, and identify opportunities for automation, standardization, and simplification to make the process efficient
- Collaborate with IT and operations to implement various process improvements and automation
- Implement improved workflow processes and design checklists to ensure compliance with each accounting process
- Streamline the processes related to reconciliation, such as Credit cards, bank accounts, vendor, and receivable reconciliation
- Standardize the monthly book close process, especially relating to monthly journal entries for various accruals
- Professional accounting designation (CPA) or equivalent experience
- Minimum of 3 years in a similar role or with a public accounting firm
- Understanding of cost centers used for management reporting
- An interest in process improvements, automation, and implementing other efficiencies
- A high degree of accuracy and attention to detail
- Proficiency in Microsoft Office (Word, Excel, Outlook)
- Ability to work both independently and as a team to meet month-end reporting deadlines
- A goal-oriented individual who works toward project completion
- Experience with Sage 300 or another similar ERP software
- Experience in the pharmacy industry
Murphy's Pharmacies offers a competitive benefits package, including health, dental, and life insurance, drug coverage, and a pension plan that matches up to 4% of your contributions. We also provide annual fitness membership subsidies and access to mental health support and other counseling services.
How to ApplyIf you're a motivated and detail-oriented accounting professional looking for a new challenge, please submit your current resume and a cover letter explaining why you'd be a great fit for this role.
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