Accounting Manager - Bolton, Canada - Alero Worldwide

Alero Worldwide

Verified Company

Bolton, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Description

Reporting to the Corporate Controller, the Accounting Manager will be responsible for assisting and building a transformational accounting department and enrich the operations within our e-Commerce and Fulfillment company.

The Accounting Manager will be responsible for the documentation, preparation, and narrative of monthly financial records and statements, operational reports, forecasts, and budgets, and ensuring the accounting procedures and reporting conform to Financial Reporting Standards and Alero Worldwide policies.

This position will be responsible for managing the accounting department in Bolton, ON, including hiring and engaging a talent pool to support accounting and payroll functions while transitioning from our Winnipeg, MB, location, and will drive the launch to a new accounting system that will be integrated into our ERP system (Odoo).

Key Responsibilities

Financial Reporting:

Ensure accurate completion of month and yearend close processes and generation of financial statements, including profitability and variance analyses and KPI tracking.
Oversee or prepare all financial reports, such as income statement, balance sheet analysis and variance analyses versus prior year, budget and forecast.
Update and review the dashboard and monitor KPI to ensure financial and operating performance.
Coordinate and prepare quarterly forecast and annual budget.

General Management:

Oversee the maintenance of the general ledger, ensuring accuracy and completeness of financial records. Ensure timely and accurate posting of transactions and reconcile accounts.
Work closely with department managers, acting as a key business partner and providing insights and analysis of job profitability and associated costs.
Liaise and collaborate with and between the various operations, Senior Management, Executives, and external auditors (MNP) regarding consistent management of financial systems and procedures.
Review operations and customer contracts, as necessary.

Accounts Payable and Receivable:

Supervise the processing of accounts payable and accounts receivable activities, including invoice processing, payment approvals, and collections.

Payroll Processing:

Oversee payroll processing and ensure compliance with payroll tax regulations, labor laws, legislative requirements and company policies.
Provide guidance and assistance as required on legal correspondence on company matters and assist with WSIB/WBC claims and interact with governing bodies.

Financial Compliance:

Develop and maintain reports and dashboards to track client profitability.
Ensure financial governance and recommend changes to procedures, operating systems, budgets, and other financial control functions and processes.
Maintain costing system data to reflect current financial data per Budget and Actuals, quarterly reconciliation, and analysis.
Manage Treasury functions, including bank deposit reconciliation, accounts payable payment management and release, monitor compliance with all debt facilities, and monthly bank reporting to maintain credit availability.

Team Management:

Lead and mentor the accounting team, setting performance goals, providing feedback, and fostering a positive and collaborative work environment.
Oversee daily operations of the finance team and manage direct reports, ensuring opportunities for continued growth and learning.
Conduct routine performance evaluations.

Continuous Improvement Process:

Manage Continuous Improvement Process by reviewing and enhancing accounting processes and procedures to increase efficiency, accuracy, and compliance.
Promote, support, and maintain all continuous improvement activities related to the Finance team and the entire business.
Identify cost savings opportunities and efficiencies.

Financial System Management:

Oversee accounting software systems, implement upgrades as needed, and provide training to team members.
Develop and maintain standardized templates for reporting and analysis, seeking to continuously improve the accuracy, efficiency, and effectiveness of reporting.
Maintain internal control for revenue recognition and other accounting functions and ensure the proper controls are in place for these requirements.
Participate in the financial analysis and evaluation of capital expenditures.
Understand and maintain work priorities.
Follow all safety guidelines and use appropriate PPE at all times.
Additional tasks or duties may be assigned as needed to support the Company's objectives.

Skills / Experience / Required Qualifications
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Completed university degree in accounting, with a fully completed accounting designation.

7 years' experience in accounting and 5 years as a controller overseeing daily activities of an accounting department.
Excellent knowledge of MS Office Suite, and advanced Excel skills a must. Knowledge of MS Power BI is an asset.
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