Senior Financial Accountant
About the role
JOB DESCRIPTION
Reporting to the Senior Manager, Inventory Accounting & Control, the Senior Financial Accountant (SFA) will be a key player in facilitating the inventory accounting and compliance for multiple RB Global entities. The SFA is responsible for ensuring timely and accurate financial reporting by leading the day-to-day and month-end close process which includes reviewing journal entries, working papers, preparing more complex accruals and analysis. The SFA will lead key initiatives including defining and enhancing business processes by working with stakeholders to provide their accounting expertise to ensure all aspects are conducive from an accounting, compliance as well as a business perspective.
RESPONSIBILITIES
- Maintain and reconcile inventory sub-ledgers to the general ledger on a daily basis.
- Ensure accurate valuation of inventory in compliance with IFRS and US GAAP.
- Prepare month-end and year-end journal entries for inventory, reserves, and adjustments.
- Review and analyze inventory transactions including transfers, write-offs, obsolescence, and shrinkage.
- Ensure proper cut-off procedures for purchases.
- Perform regular inventory reconciliations between ERP system and inventory workbooks.
- Support physical inventory counts and cycle counts, ensuring compliance with internal control requirements.
- Monitor and maintain adequate reserves for inventory obsolescence and slow-moving stock.
- Ensure compliance with company policies, SOX/internal controls.
- Identify and implement process improvements to strengthen inventory management and reporting.
- Support system enhancements, ERP implementations, or automation initiatives impacting inventory accounting.
- Assist with audit requests (internal and external).
- Prepare management reports and analysis on inventory trends and KPIs.
QUALIFICATIONS
-
CPA (or working towards CPA) strongly preferred.
-
5+ years of progressive accounting experience, with at least 2 years in inventory or cost accounting.
-
Strong knowledge of inventory accounting principles under IFRS and US GAAP.
-
Proficiency in ERP systems (e.g., SAP, Oracle)
-
Advanced Excel skills for data analysis and reporting.
-
Strong analytical and problem-solving abilities.
-
Excellent attention to detail and accuracy.
-
Ability to work cross-functionally and manage multiple priorities in a fast-paced environment.
Job Identification
5982
Posting Date
08/28/2025, 03:18 PM
Locations
9500 Glenlyon Parkway, Burnaby, BC, V5J 0C6, CA
(Hybrid)
Degree Level
No Formal Education
Job Schedule
Full time
Minimum Salary
73,030
Maximum Salary
91,260
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company’s selling channels include: Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance® equipment condition certification; MarketplaceE, an online marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales.
The company also offers sector-specific solutions including GovPlanet, TruckPlanet, Kruse Energy Auctioneers, and Cat® auctions, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.
Senior Financial Accountant
About the role
JOB DESCRIPTION
Reporting to the Senior Manager, Inventory Accounting & Control, the Senior Financial Accountant (SFA) will be a key player in facilitating the inventory accounting and compliance for multiple RB Global entities. The SFA is responsible for ensuring timely and accurate financial reporting by leading the day-to-day and month-end close process which includes reviewing journal entries, working papers, preparing more complex accruals and analysis. The SFA will lead key initiatives including defining and enhancing business processes by working with stakeholders to provide their accounting expertise to ensure all aspects are conducive from an accounting, compliance as well as a business perspective.
RESPONSIBILITIES
- Maintain and reconcile inventory sub-ledgers to the general ledger on a daily basis.
- Ensure accurate valuation of inventory in compliance with IFRS and US GAAP.
- Prepare month-end and year-end journal entries for inventory, reserves, and adjustments.
- Review and analyze inventory transactions including transfers, write-offs, obsolescence, and shrinkage.
- Ensure proper cut-off procedures for purchases.
- Perform regular inventory reconciliations between ERP system and inventory workbooks.
- Support physical inventory counts and cycle counts, ensuring compliance with internal control requirements.
- Monitor and maintain adequate reserves for inventory obsolescence and slow-moving stock.
- Ensure compliance with company policies, SOX/internal controls.
- Identify and implement process improvements to strengthen inventory management and reporting.
- Support system enhancements, ERP implementations, or automation initiatives impacting inventory accounting.
- Assist with audit requests (internal and external).
- Prepare management reports and analysis on inventory trends and KPIs.
QUALIFICATIONS
-
CPA (or working towards CPA) strongly preferred.
-
5+ years of progressive accounting experience, with at least 2 years in inventory or cost accounting.
-
Strong knowledge of inventory accounting principles under IFRS and US GAAP.
-
Proficiency in ERP systems (e.g., SAP, Oracle)
-
Advanced Excel skills for data analysis and reporting.
-
Strong analytical and problem-solving abilities.
-
Excellent attention to detail and accuracy.
-
Ability to work cross-functionally and manage multiple priorities in a fast-paced environment.
Job Identification
5982
Posting Date
08/28/2025, 03:18 PM
Locations
9500 Glenlyon Parkway, Burnaby, BC, V5J 0C6, CA
(Hybrid)
Degree Level
No Formal Education
Job Schedule
Full time
Minimum Salary
73,030
Maximum Salary
91,260
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company’s selling channels include: Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance® equipment condition certification; MarketplaceE, an online marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales.
The company also offers sector-specific solutions including GovPlanet, TruckPlanet, Kruse Energy Auctioneers, and Cat® auctions, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.