Overview

Reporting to the Accounting Manager, the Accounting Generalist is responsible for completing diverse accounting functions for both for-profit and not-for-profit entities, including accounts receivable (AR), accounts payable (AP), general ledger (GL), bank reconciliation, multi-currency transactions (CAD/USD), balance sheet reconciliation, data analysis, and verification.

The Accounting Generalist efficiently manages accounts receivable, ensuring accurate and timely invoicing, tracking customer payments, and conducting aging analysis to follow up on overdue accounts. Additionally, they handle accounts payable by processing vendor invoices, coordinating payment approvals, and managing vendor accounts to maintain good relationships.

The Accounting Generalist plays a vital role in maintaining the integrity of the general ledger, recording all financial transactions accurately, preparing journal entries, and performing GL account reconciliations to ensure accurate financial reporting. They also manage multi-currency transactions and reconcile bank statements to identify discrepancies and ensure precise financial records.

The Accounting Generalist utilizes strong analytical skills to interpret financial data, identify trends, and provide valuable insights to support decision-making processes. They use accounting software and Microsoft Excel proficiently to efficiently handle financial transactions and generate accurate reports.

The Accounting Generalist demonstrates exceptional attention to detail, impeccable organizational and time management abilities, and effective communication and interpersonal skills. They are committed to maintaining the highest level of integrity and ethics when dealing with sensitive financial information.

Responsibilities

Accounts Receivable:

• Prepare and issue customer invoices accurately and in a timely manner.
• Monitor and track customer payments to ensure timely collections.
• Follow up on overdue accounts and resolve billing discrepancies.
• Record Travel commissions received and work with the Travel department to ensure accurate records.

Accounts Payable:

• Process vendor invoices, ensuring accuracy and compliance with company policies.
• Coordinate with various departments to obtain necessary approvals for payments.
• Review and process expense reports.
• Timely processing of payments and preparation of disbursement reports.

General Ledger:

• Assist in maintaining the general ledger by recording all financial transactions accurately.
• Prepare journal entries and reconcile accounts to ensure accuracy and completeness.
• Assist in month-end and year-end closing activities.

Bank Reconciliations:

• Perform bank reconciliations for multiple accounts and currencies (CAD/USD).
• Identify and resolve discrepancies between bank statements and accounting records.
• Investigate and report any unusual transactions or irregularities.

Multi-Currency Management:

• Monitor and manage foreign currency transactions and conversions.
• Ensure accurate recording and reporting of multi-currency transactions.
• Assist in analyzing foreign exchange gains and losses.

Balance Sheet Reconciliation:

• Reconcile various balance sheet accounts to ensure accuracy and completeness.
• Investigate and resolve discrepancies and outstanding items.
• Prepare and maintain documentation for audit purposes.

Data Analysis and Verification:

• Analyze financial data to identify trends, patterns, and potential issues.
• Verify the accuracy of financial information and investigate any discrepancies.
• Assist in generating financial reports and presentations as needed.

Requirements

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Experience:

• Post-Secondary degree/diploma in Accounting, Finance, or a related field
• Proven Experience of 2 years as an Accounting Generalist or similar role
• Prior experience with both for-profit and not-for-profit organizations is an asset
• Experience dealing with multiple departments and cost centres is an asset

Technical Skills:

• Comprehensive knowledge of the principles, concepts, and practices of accounting and finance
• Demonstrated expertise in using accounting software to handle financial transactions and maintain accurate records.
• Proficiency in Microsoft Excel, including advanced skills like pivot tables, VLOOKUP, and data analysis, to effectively manage financial data and create reports.
• Experience in managing transactions in different currencies and reconciling currency conversions to ensure accurate financial reporting in a multi-currency environment.
• Ability to reconcile bank statements with accounting records to identify discrepancies and maintain the accuracy of financial information.
• Proficiency in reconciling various balance sheet accounts to ensure accuracy and compliance with accounting standards.
• Strong analytical skills to analyze financial data, identify trends, patterns, and potential issues, and provide valuable insights to support decision-making.

Soft Skills:

• Precision in reviewing financial information and maintaining accurate records to avoid errors and ensure data integrity.
• Capability to analyze complex financial data, identify discrepancies, and proactively resolve accounting issues to maintain financial accuracy.
• Effective organizational skills to manage multiple accounting tasks, meet deadlines, and maintain an efficient accounting process.
• A commitment to high ethical standards and integrity when handling sensitive financial information to maintain confidentiality and trust within the organization.

Compensation

• Salary: 53,000 - $58,000
• Health & Dental Benefits
• Pension Plan
• 3 Weeks Vacation
• CAA Membership

Employment is contingent on a successful Criminal Background Check and references.

Job applicants who have disabilities shall be provided with reasonable accommodation throughout the recruiting process.