Job Description

Position:

Accountant

Location:

Mississauga, Ontario

Reports to: Director of Finance



Job Type: Full Time - Onsite



Job Category: Accounting/Finance



Industry: Commercial and Institutional HVAC

WHO WE ARE

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.

WHO WE WANT

A highly skilled accountant with knowledge of business operations; who not only looks at numbers but understands what goes on behind the numbers; and is motivated to learn about the business and its products. The person must demonstrate the following attributes that are critical for this role:

A high degree of problem-solving, analytical, and decision-making skills. 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, with a personal desire to learn and add value to the organization. Resourceful and possess a continuous-improvement mindset. Ability to act in difficult and challenging situations and deal with uncertainties. 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.




This position is

full-time on-site

, and we are looking for someone who can make a difference with their contribution and grow with the company.

WHAT IS THE IMPACT OF THIS ROLE

Reporting to the Director of Finance, the Accountant is a key member of a strong finance team responsible for ensuring the smooth operations of the accounting, finance, and administrative functions of Temspec. This role is responsible for generating and compiling financial and cost accounting information that will be used in financial reporting, job costing, budgeting, forecasting and performance analyses. As a result, the accountant contributes to business growth by offering value-added analyses and insights on both historical and future-oriented data. The accountant will use

Visual Manufacturing

ERP program to maintain general ledger, perform reconciliations, and execute full-cycle accounting from sub ledger activities to financial statements reporting. As the subject matter expert in accounting and Visual ERP process, the accountant is a valuable finance partner to all other departments of the company.

WHAT YOU WILL BE DOING

A)

Financial Accounting & Reporting

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.

B)

Budgeting & Forecasting

Assist in developing and managing the 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.

C)

Cost Accounting & Inventory Management

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

D)

Financial Analysis

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.

E)

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.

WHAT SKILLS AND EXPERIENCE YOU MUST HAVE

Bachelor's degree in accounting or a related field. Professional accounting designation is advantageous but not essential. 5+ years of progressive work experience in a similar role

and

in a manufacturing environment. Must have solid experience in full-cycle accounting and knowledge of accounting standards (ASPE, IFRS). High proficiency in Microsoft Office applications with advanced Excel skills. Experience working with Visual Manufacturing or other similar ERP systems.

WHAT YOU CAN BECOME

Opportunity for progressing to a more senior accounting or controllership role by demonstrating the competency required for the next level. This will involve acquiring the skills, knowledge and behaviors necessary to perform at a higher level of the finance/accounting function. Exposure to senior leadership by presenting analyses and key findings in financial reviews and gross profit meetings. Key objectives within the first 6-12 months:

Become proficient in Visual Manufacturing ERP software and demonstrate a solid understanding of the company's accounting processes and controls.

* Build strong relationships with colleagues, actively participate in team meetings, and seek opportunities to learn about the business and its products.