Finance & Accounting Manager (FILLED JULY 2)

    Published
    July 3, 2024
    Location
    Toronto, Canada
    Job Type
    Sub Category
    Telecommunications

    Description

    Hexatronic Canada Inc is a part of Hexatronic Group AB (publ), offering products and services to telecommunications companies throughout Canada. We are a rapidly growing company with a primary focus on the field of fiber optic and wireless communications.

    We have a highly motivated team with previous experience in the industry. We are aggressively pursuing growth in this market to be one of the market-leading suppliers in the telecom hardware market in Canada. As a wholly owned subsidiary within the Hexatronic Group, we offer our customers the stability and transparency of being listed on NASDAQ, combined with the immediacy and agility of an entrepreneurial company that provides innovative subsystems to market leaders within various industries. We are looking for a Finance Manager to join the team. This is a new, full-time position.

    Responsibilities include:

    • Recording and analyzing financial information.
    • Preparing financial reports such as balance sheets, profit and loss statements, and cash flow statements.
    • Reconciling financial discrepancies by collecting and analyzing account information.
    • Preparing payments by verifying documentation and requesting disbursements.
    • Complying with financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
    • Assisting with budget preparation and monitoring.
    • Providing financial support to other departments as needed.
    • Conducting audits and resolving discrepancies.
    • Month end reporting to Corporate and senior management as required using various platforms.
    • Ensure the accuracy and integrity of the general ledger through the preparation of monthly & quarterly reconciliation of balance sheet accounts and ad hoc analysis as required. Participate in the quarterly balance sheet review process as instructed.
    • Prepare subledger and bank account reconciliations.
    • In conjunction with the Office Manager, process and maintain AR and cash receipt transactions.
    • Work with sales team to generate client invoices.
    • Work with Office Manager in AR collections.
    • Assist with year end reporting requirements, including tax returns.
    • Ensure conformity of data; i.e. Hexatronic account applications, proper supporting documentation; assist in establishing and securing proper internal controls.
    • As required, prepare period financial reports and financial models for analytics.
    • Entering inventory into the system.
    • Initiating Regular Inventory counts.
    • Assist with the cash forecasting and monitoring of the company‚Äôs cash position.
    • Assist with the month end close process which includes preparation and processing of journal entries including recurring entries, preparation of reporting and analytics, reconciliations, etc.
    • Provide support in the detailed review of the financial results by understanding variances through investigation and follow up.
    • Update and send out cost centre reporting to cost centre owners.
    • Assist with monthly, quarterly and year end corporate reporting of income statement, balance sheet, & key metrics by reporting unit.
    • Prepare monthly Statistics Canada reports, commodity tax returns and assist with internal & external audits.
    • Identify areas for process improvement as well as internal control deficiencies within the Finance department and the company. Implement process improvement changes.
    • Document & implement new procedures &/or processes that mitigate internal control deficiencies.
    • Additional duties as required.

    Skills & Qualifications:

    • 3-5 years of related work experience
    • Attention to detail and ability to multi-task is a must
    • Excellent verbal and written communication skills
    • Flexible and able to work effectively as a team player
    • Excellent organizational and time management skills
    • Accounting designation preferred (CPA, CGA, CMA)
    • Strong English communication skills required, verbal and written
    • Strong initiative, organizational, and time management skills
    • Ability to work in a fast-paced environment with changing priorities
    • Strong analytical and problem solving skills
    • Experience with accounting systems (Dynamics365 preferred)
    • Advanced skills in using Microsoft Office (Excel, Word, and Outlook)

    Education:

    • University degree or diploma in business or accountancy or post secondary degree in accounting in Finance or Accounting
    • Ideally in the process of or working toward a CPA designation
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