Position:                       Accountant

Location:                     Mississauga, Ontario

Reports to:                   Director of Finance

Job Type:                   Full Time

Job Category:             Accounting/Finance

Industry:                      Commercial and Institutional HVAC

 

 

Temspec Inc. is an original equipment manufacturer (OEM) of heating and cooling equipment for the North American school and high-rise condominium / hotel markets. We are a team of problem-solvers who understand issues deeply and are creative in adding value for our customers. We place great emphasis in practicing our core values of Fair and Caring, Reliable and Accurate, Consistent and Curious

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Reporting to the Director of Finance, the Accountant is a key member of a dynamic finance team responsible for ensuring the smooth operations of the accounting, finance, and administrative functions of Temspec. This role is responsible for obtaining and compiling financial and cost accounting information that will be used in financial reporting, job costing, budgeting, forecasting and performance analyses. The Accountant will use Visual Manufacturing ERP program to maintain general ledger, perform inventory and bank reconciliations, and execute full accounting cycle from sub ledger activity to financial statement reporting.

 

This position is full-time on-site, and we are looking for people who share our purpose of making comfortable living environments, sustainably.

 

Responsibilities:

Accounting

·        Perform month-end closing by ensuring accurate month end cut off, running costing utilities and reconciling Manufacturing Reports to Financial Reports and GL (Inventory, WIP, PO Accrual), reconciling GL to Sub-ledger reports, preparing Bank and Balance Sheet accounts reconciliations.

·        Prepare month-end reports for management reviews and year-end documentation for external auditors.

·        Assist the Director of Finance with management of Visual Manufacturing (ERP system) data integrity and utilization through testing, modeling, and continuing education.

Budgeting/Forecasting

·        Assist in the creation and management of annual budget, and subsequent tracking of actual results versus budget. Investigate significant variances between actual and budget.

·        Update weekly Cash Flow Forecast and monthly Sales Forecast reports.

Inventory Management

·        Ensure inventory are reported in accordance with company policies and applicable accounting standards.

·        Investigate reasons for inventory adjustments prior to posting the adjustments.

·        Manage the annual physical inventory count process – plan the count, lead status meetings, oversee data entry, perform reconciliations and issue final inventory reports.

·        Monitor the Return Management Authorization (RMA) process to ensure compliance with documented procedures.

Financial Analysis

·        Work with production staff to analyze actual versus standard with respect to material costs and labour hours, and update material and labour cost estimates.

·        Work with the Director of Finance to analyse gross profit performance of jobs.

·        Assist the Director of Finance in ROI analysis for major projects as needed.

·        Assist the Director of Finance in continuous improvement projects.

Regulatory Compliance and Reporting

·        Prepare and file HST to CRA and make necessary journal entries.

·        Assist the Director of Finance in completing Statistics Canada surveys.

·        Ensure confidential information is secured and comply with privacy legislation.

 

Other duties as assigned.

 

Required skills:

• Bachelor’s degree in accounting, finance, or business. Professional accounting designation is advantageous but not essential.
• Minimum 3 years of progressive work experience in a similar role; preferably with experience working in a manufacturing environment.
• Must have solid experience in full-cycle accounting.
• High proficiency in Microsoft Office applications with advanced Excel skills.
• Experience working with Visual Manufacturing or other similar ERP systems.

 

In addition to the afore-mentioned qualifications and experiences, we are looking for individuals who can make a difference by consistently demonstrating the following traits:

• A high degree of problem-solving, analytical, and decision-making skills, while maintaining a high level of accuracy and attention to detail.

·        Excellent verbal and written communication skills with the ability to interact with all levels within the organization.

• Curious and possess a continuous-improvement mindset, with a personal desire to learn and add value to the business.
• Ability to act in difficult and challenging situations and deal with uncertainty.
• Pro-active and able to work with minimal supervision but also able to collaborate effectively in a team environment and comfortable working with other departments.
• Inherently demonstrate a high level of integrity and be trustworthy.

 

• We are seeking an accountant who not only looks at numbers but understands what goes on behind the numbers and who is highly motivated to learn about the business and its products.