General Accountant POST NUMBER: 420343
Financials: in collaboration with the Assistant Controller:
- Prepare and enter routine journal entries
- Maintain proper documentation of journal entries
- Preparing contract invoices, backup documentation, and maintaining tracking system
- Assist in reviewing and analyzing General Ledger and making necessary corrections
- Reconcile and balance key financial accounts discrepancies by collecting and analyzing account information.
- Prepare and maintain financial reports by collecting, analyzing, and summarizing account information and trends.
- Project Cost: monitor project costs, to include overhead, freight, increase in material costs, labour etc. are reported on the correct G/L account – to reflect the true costs of the whole project. Complete a comparison to the cost of sales. Prepare a variance report with recommendation(s) on:
- Maintenance of expected margins.
- Generate data to benchmark for future projects and track long-term cost trends. Work with Engineering and Operations departments.
- Coordinate with the internal auditor, and external audits to ensure compliance and deadlines are met.
- Advise and report to the Controller the audit status to date.
- Work closely with the internal auditor to satisfy requests
- Plan, collect, and review, the SOX package, and any other supporting documentation before release of audit documents to the auditor(s).
- Prepare detailed reports on audit findings and make recommendations to improve accounting and management practices.
- Develop and document audit processes to maintain and strengthen internal controls, with the Controller.
- Analyze financial information.
- Spot errors and recommend ways to improve efficiency.
- Assist the Controller in forecasting of the 13-week cash flow, on a weekly basis.
- Identify variances to actual results; analyze cost drivers; develops recommendations and presents findings to the Controller
- Assist with the coordination of the annual physical inventory counts and cycle counts, as required
- Investigate cycle counting variances and resolve issues with operations. Report to the Controller on the outcome.
- Select and inspect, on a quarterly basis, a cycle count of part(s) and report to operations and the Controller the findings.
- Validate the cost of goods sold as part of the month-end close.
- Confirm with operations that the obsolete inventory is maintained, as per budget. Report to the Controller and request approval.
- Provide accurate and timely financial information and report to the Controller as required.
- Report to the controller any inaccuracies in inventory
- Ad-hoc reporting as required
- Other duties as assigned by your manager.
About You
- B. Comm or BA degree in Accounting, CPA is an asset.
- Must have a minimum of 7 years accounting/finance experience, in automotive manufacturing, or similar industry is an asset.
- Project Cost Management is an asset.
- In-depth understanding of Generally Accepted Accounting Principles (GAAP)
- Familiarity with financial accounting statements
- Experience with general ledger functions and the month-end/quarter-end / year-end close process.
- Thorough knowledge of basic accounting procedures
- Team Player, able to work with staff at all levels.
- Hands-on experience with accounting software packages, i.e., MS Dynamics
- Hands-on experience with MRP/EPR systems
- Hands-on experience on inventory
- Advanced MS Excel skills
- Accuracy and attention to detail is a must.
- Keen interest in learning
- Excellent analysis and problem-solving skills are a must.
- Strong interpersonal and communication skills
- Ability to collaborate with multi-department personnel at all levels.
Salary Range
$80,000/year
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #420343.
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.