Accounting Manager

RESPONSIBILITIES:
– Manage the accounting team, delegate responsibilities and set priorities/deadlines to achieve business objectives.
– Own the general ledger which includes setting up chart of GL accounts for new affiliates and related employer payroll mapping, pay codes, sales tax rates, service items and related mapping to the subledger/general ledger accounts (liaise with IT where applicable).
– Work with Accounting System consultant on GL account mapping for consolidated financial reporting.
– Research accounting issues for compliance to GAAP.
– Review bank reconciliations completed by accounting staff and investigate/address matters with teams as required.
– Review AP/AR/Commission Payable subledgers to GL and resolve discrepancies with staff or other teams as required.
– Review the balance sheet and P&L for accuracy and maintain detail schedules to support each line item.
– Review/Post month end accruals for payroll, billing, affiliate commissions, SG&A and other financial reporting related entries including department level tracking.
– Review/Post intercompany transactions for balancing and consolidation purposes.
– Liaise with the indirect tax team, affiliate commission (margin) team, credit and cash app team, accounts payable and other operational teams for accounting, audit and reporting matters.
– Liaise with market makers and end customers where applicable to ensure everything is accounted for in a timely manner.
– Liaise with IT personnel and external consultants on system specific matters as required.
– Liaise with bank and external auditors to fulfill audit requests and address/escalate matters as required.
– Identify and initiate process improvements and internal control strengthening opportunities.
– Collaborate with accounting staff and market makers on financing of HST payments which includes preparing necessary reports, communicating with external accountants and maintain remitting schedules and general ledger reconciliations pertaining to this financing.
– Collaborate with the affiliate commissions team (margin) on matters that require charging or reimbursing affiliates.
– Provide support to the treasury group as backup to review the daily cash management worksheet and requests for advances/repayments against the line of credit, account balance transfers, funding requirements (Liaise with the treasury group as needed).
– Provide accounting/banking support to some limited AP related tasks for payroll and margin teams.
– Perform other duties as assigned by senior management.