Description:

Staff Accountant – Onsite Toronto

Our client, located in the Toronto area, is a boutique public accounting practice with extensive expertise, specializing in personal and corporate tax, assurance, accounting, and management consulting. It provides services to a diverse range of businesses, including corporations, joint ventures, partnerships, professionals, and sole proprietors across various industries. 

Responsibilities: 

• Tax Preparation: Prepare and file both personal and corporate tax returns, ensuring compliance with relevant tax laws and regulations, accurately calculating tax liabilities, identifying applicable deductions, and ensuring all required documentation is submitted on time. 
• Balance Sheet Reconciliation: Perform regular reconciliations of balance sheet accounts, ensuring all entries are accurate and discrepancies are identified and resolved promptly. 
• Financial Reporting: Prepare comprehensive and detailed financial reports on a monthly, quarterly, and annual basis. These reports will provide insights into financial performance, including income statements, balance sheets, and cash flow statements, informing stakeholders’ business decisions. 
• Accurate Financial Recording: Ensure all financial transactions are accurately recorded in the accounting system, proper categorization of income, expenses, and assets, as well as adhering to standard accounting practices for filing and reporting purposes. 
• Data Review for Accuracy: Regularly review financial data to ensure accuracy, completeness, and compliance with internal policies and external regulations. Identify and correct any errors, omissions, or inconsistencies in the financial records. 
• Application of Accounting Principles: Apply relevant accounting principles, regulations, and policies to all financial tasks, ensuring the integrity of financial data and compliance with industry standards and legal requirements. 
• Bank Reconciliation: Assist with regular bank reconciliations to ensure that all cash transactions are accurately recorded and balanced with bank statements. Investigate and resolve any discrepancies to maintain accurate cash flow tracking. 
• Confidentiality and Security: Maintain confidentiality of all sensitive financial and client information, ensuring compliance with privacy laws and internal security protocols. 
• Invoice and Payment Processing: Assist with the processing of vendor invoices and client payments, ensuring timely and accurate entries in the system.
• Report Preparation: Provide timely and relevant financial information for internal and external reports. Collaborate with colleagues to ensure that financial data is properly formatted and presented in a clear, comprehensive manner. 
• High proficiency with CaseWare and QuickBooks: Leverage knowledge and expertise in CaseWare and QuickBooks to perform financial audits and compile statements, ensuring that all reporting is accurate and adheres to regulatory standards, utilizing skills in managing the day-to-day accounting tasks efficiently, including tracking expenses, managing accounts payable and receivable, and generating financial reports for review. 

Qualifications: 

• Possess a minimum of five years of comprehensive experience in managing all aspects of accounting, including general ledger management, financial reporting, tax preparation, accounts payable/receivable, and financial analysis. 
• Experience in handling multiple client portfolios and managing financial processes in fast-paced environments is preferred. 
• Deep understanding of generally accepted accounting principles (GAAP), financial regulations, and industry-specific accounting practices. 
• Demonstrated expertise in applying these principles to maintain accurate financial records, conduct audits, and prepare comprehensive financial statements. 
• Familiarity with IFRS (International Financial Reporting Standards) or other relevant accounting frameworks is an asset. 
• Proven ability to work efficiently in a professional office setting, adhering to established protocols and maintaining strong organizational skills. 
• Demonstrates comfort in handling various office tasks such as financial documentation, administrative duties, and collaborative teamwork. 
• Must be adaptable to office tools, technologies, and software commonly used in accounting environments, such as enterprise resource planning (ERP) systems and document management software. 
• Ability to Perform Mathematical Calculations with Speed and Accuracy: Strong proficiency in performing complex mathematical calculations, ensuring the accurate processing of financial data. 
• Demonstrated ability to quickly and efficiently calculate financial metrics such as gross profit, net income, depreciation, and tax liabilities with precision. 
• This includes working with large datasets, ensuring that all financial data is error-free, and utilizing accounting software tools to perform detailed reconciliations and analyses.

Compensation and Perks: 

• $50K – $60K annually
• On-going professional development training & advancement opportunities
• PTO and additional benefits  

If you are interested in learning more about the Staff Accounting position, please apply through the link provided to the attention of Jasmine Sahansra at jasmine.sahansra@osbornerecruitment.ca or reach out directly at 647.268.7384.

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