Key Responsibilities and Accountabilities:
Bank/Cash
• Update daily cash position report and send it to Management.
• Obtain bank remittance report.
• Update bank statements for each bank account and bank account reconciliations on a weekly basis.
• Enter transactions of bank statements in SAP and provide it to AR for cash application.
• Clear cheques in SAP and ensure postings in bank reconciliation are completed.
• Deposit cheques in bank and record accordingly with a receipt of deposit
Accounts Receivables
• Work with AR internally and with 3rd Party for cash application on a month end basis. Mentor and monitor AR function within.
• Report on accounts receivables
• Set up and update customer rebates in SAP system.
• Set up and manage customer credit limits.
• Process credit notes/payments to customers
• Set up and update commission rates in SAP.
• Maintain broker and customer agreements.
• Monthly inter-company clearing
• Prepare auditing schedules at year-end.
• Issue credit memos for deductions with backup
• Obtain bank remittances and support materials.
• Prepare customer AR statements as needed.
Tax
• Prepare and file HST for Canadian Corporation monthly.
• Prepare and file sales tax on a quarterly basis.
• Prepare tax schedules in the US, required by tax accountants on an annual basis.
Monthly Closing
• Prepare prepaid expense reconciliations and enter SAP.
• Prepare accrued expense reconciliations and enter SAP. Accruals to be done monthly.
• Reconcile with payroll expenses and enter SAP for actual and accrual payroll.
• Record interest expense recharge to Holding company and clear intercompany transactions.
• Prepare expense breakdown for each entity.
• Prepare freight invoice report for services.
• Prepare car lease expense and enter SAP.
• Record investment income
• Prepare SAP reports and send them to AP Team to prepare for accrual of duty/freight.
• Prepare depreciation expense reconciliations and enter SAP.
• Process SAP monthly closing process, on the last working day of the month.
• Run SAP month end report after closing is completed by EOD of the month.
• Send inventory balance report and sales data to Data Coordinator • Prepare Monthly Information Statement (MIS)– shared with Controller.
• Obtain variance report of IT expenses with reasons.
• Obtain variance report of Warehouse expenses with reasons.
• Prepare a trial balance, create a P&L account, and compare it monthly.
• Prepare Management MIS for Holdco review every month.
Audit
• Assist in preparing for audit requirements, Schedules, and control account reconciliation. Coordinate Audit closure for each year.
• Ensure Filings are up to date and in active status for all corporations in the group.
• Participate in, build, and maintain positive engagement in the Company’s culture.
• Participate in the Company performance planning and objective setting process.
• Other duties as assigned.
Position Overview The Finance Department is currently seeking a Full-time Regular Associate Director, Internal Controls. The Associate Director, Internal Controls...
Apply For This JobDo you want a chance to make a difference? Do you believe in a community where every person is empowered...
Apply For This JobOverview At KPMG, you’ll join a team of diverse and dedicated problem solvers, connected by a common cause: turning insight...
Apply For This JobAbout US In 1977, OSI introduced the first generation electronic chart system for the maritime market and revolutionized navigation. Over...
Apply For This JobThe Ministry of the Attorney General is seeking a Controllership, Accounting and Reporting Lead to provide expert advice to the...
Apply For This JobWho we are looking for The Performance and Analytics –Assistant Vice President (Implementations) is part of a team that helps...
Apply For This Job