Position Summary:
The Senior Accountant is responsible for leading key accounting activities with a strong focus on cost accounting, operational financial analysis, internal controls, and strategic advisory support for senior leadership. This role supports a company that manufactures proprietary technology and provides related services, requiring a strong understanding of product costing, inventory accounting, project-based financial analysis, and service delivery economics.
The Senior Accountant will serve as a trusted financial partner to operations, engineering, project management, and executive leadership by providing accurate financial reporting, meaningful analysis, and practical recommendations that support profitability, cost control, pricing decisions, and long-term business strategy.
Job Type: This is a permanent full-time position for an existing opening.
Work Location: On-site, York Region
Key Responsibilities:
Strategic Advisory & Business Partnership
· Act as a financial advisor to senior leaders by providing insight into business performance, cost drivers, profitability, and operational trends.
· Prepare financial analysis to support pricing strategies, product profitability, capital investments, and resource planning.
· Support executive decision-making through financial modeling, scenario analysis, and clear presentation of risks, opportunities, and recommendations.
· Collaborate with department heads to improve financial accountability, budgeting discipline, and cost awareness across the organization.
· Translate complex financial data into practical business insights for non-financial stakeholders.
· Prepare monthly, quarterly, and annual financial reports for management review.
· Oversee day-to-day accounting functions, including accounts payable, accounts receivable, reconciliations, expense tracking, and general ledger entries.
· Coordinate with external accountants, auditors, bookkeepers, tax advisors, banks, and other financial partners as required.
Financial Reporting & Month-End Close
· Lead month-end, quarter-end, and year-end close activities, including journal entries, reconciliations, accruals, cost allocations, and variance analysis.
· Prepare accurate and timely financial statements, management reports, and supporting schedules.
· Analyze revenue, cost of sales, gross margin, operating expenses, and project profitability.
· Ensure compliance with applicable accounting standards, internal policies, and reporting requirements.
· Maintain strong documentation and support for audit, tax, and internal review purposes.
Budgeting, Forecasting & Process Improvement
· Strengthen accounting processes, internal controls, and financial reporting procedures.
· Identify opportunities to improve accuracy, efficiency, automation, and scalability within the finance function.
· Ensure proper controls over inventory, purchasing, cost allocations, revenue recognition, and expense approvals.
· Contribute to policy development for costing, capitalization, inventory management, and financial governance.
· Monitor and report on financial risks related to cash flow, procurement activities, contract terms, spending trends, and overall financial governance.
Tax, Compliance & Risk Management
· Liaise with external tax advisors to support effective tax planning, compliance, and reporting activities.
· Identify and evaluate tax mitigation opportunities while ensuring full compliance with applicable legislation and regulatory requirements.
· Oversee the timely filing and payment of taxes, statutory remittances, and government reporting obligations.
· Ensure financial, payroll, and tax practices comply with applicable Ontario and Canadian regulatory requirements.
· Assess and recommend enhancements to internal financial controls, approval workflows, and documentation standards.
Qualifications
· Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
· CPA, CMA, or equivalent professional accounting designation.
· Minimum of 5–8 years of progressive accounting experience, including significant exposure to cost accounting, manufacturing accounting, or project-based accounting.
· Strong understanding of inventory accounting, cost of goods sold, overhead allocation, variance analysis, accrual accounting, and financial reporting.
· Experience in a manufacturing, technology, engineering, equipment, industrial services, or project-based business environment.
· Experience with standard costing, job costing, project accounting, and inventory control.
· Experience preparing management reports, financial analysis, budgets, forecasts, and executive-level summaries.
· Advanced Microsoft Excel skills, including financial modeling, pivot tables, lookup functions, and data analysis.
· Expert proficiency in QuickBooks Online.
· Strong analytical, problem-solving, and business advisory skills.
· Excellent communication skills with the ability to present financial information clearly to senior leaders and non-financial stakeholders.
· High attention to detail, sound professional judgment, and ability to manage multiple priorities.
Compensation
This position offers a salary range of $85,000 to $120,000 annually.
Pay: $85,000.00-$120,000.00 per year
Work Location: In person