Senior Accountant

Full job description

Our Employer Partner is a family owned business and has operated for over 30years. They are a specialty meat manufacturer spanning three plants in British Columbia and Saskatchewan.

Role Purpose

The Senior Accountant is responsible for the day to day accounting functions at the Mitchell Island facility and supports the preparation of the Company’s financial statements and results. The role ensures accurate and timely financial and costing reports, strengthens understanding of the key business drivers across operations, and identifies and implements best practices that improve controls, efficiency and results.

Key Accountabilities

• Accurate, properly approved and correctly coded accounts payable processed on time and in line with vendor terms.
• Inventory records that reconcile to physical stock, are valued correctly and are supported by regular cycle counts.
• A timely and accurate month end close, including reconciliations, accruals, journals and inventory valuation.
• Accurate and timely financial, costing and KPI reporting to plant management and the finance leadership team.
• Reliable support for the annual budget process and the external audit.
• Continuous improvement of accounting processes, policies and internal controls.

Core Responsibilities

Accounts Payable

• Manage vendor invoices and statements, and confirm proper approval is obtained before processing.
• Review invoices for reasonableness of goods or services and pricing, and confirm appropriate supporting documentation.
• Ensure correct general ledger coding for accurate reporting.
• Follow up on and resolve irregularities in vendor statements.
• Review accounts payable ledgers on a regular basis.
• Optimize payment processes to take full advantage of vendor terms and payment discounts.
• Review and set up daily and weekly vendor EFT payment batches.
• Review accounts payable processes and policies regularly and recommend more efficient ways of working.

Inventory Control

• Process daily intercompany inventory transfer transactions.
• Review inventory receiving accuracy and confirm the logistics team completes physical intercompany transfers correctly, resolving issues as they arise.
• Follow up daily on inventory missing from the dock.
• Process third party meat inventory receipts in the ERP, verifying the receiving record against the vendor invoice before posting.
• Handle third party meat inventory returns and refunds.
• Ensure regular cycle counts are performed.
• Process authorized inventory deletions in the inventory management system.
• Monitor adherence to the FIFO process.
• Prepare periodic inventory status reports for the production and sales teams.
• Follow up on and resolve inaccurate inventory levels and aged inventory.

Financial and KPI Reporting

• Prepare the periodic critical numbers report.
• Prepare periodic inventory and sales summary reports.
• Prepare periodic plant cost statements and plant balanced scorecards.
• Complete ad hoc reporting and analysis as requested.

Month End Process

• Manage the monthly inventory freeze.
• Perform the monthly inventory reconciliation and resolve any discrepancies.
• Review and complete monthly WIP calculations, dry goods consumption and valuation, and inventory valuation.
• Enter monthly standard financial and statistical journals, and record monthly accruals.
• Perform general ledger and bank reconciliations.
• Revalue foreign currency balances in bank, accounts receivable and accounts payable.
• Analyze the cost statement, make necessary adjustments and identify potential cost savings.
• Maintain the fixed asset register.

Budgeting

• Prepare annual budget templates and work with plant managers and department leaders to ensure budgets are reasonable and complete.

External Audit

• Prepare, review and submit information requested by the external auditors.
• Complete required adjustments and implement process improvements arising from audit findings.

General Support

• Research accounting data to resolve accounting problems and discrepancies.
• Maintain files and complete general administrative tasks.
• Liaise with other departments, customers and vendors.
• Comply with Company accounting policies and internal controls.
• Perform other duties as required.

Qualifications and Requirements

Experience

• Minimum three years of progressive accounting experience.
• Experience in a manufacturing environment, including inventory and cost accounting.
• Experience working in an ERP system.

Education and Certification

• Bachelor’s degree in accounting or a related field.
• CPA designation, or active pursuit of the CPA designation.

Knowledge and Skills

• Competency in Microsoft Word, Excel and Outlook.
• Strong organizational skills and the ability to maintain detailed, accurate records.
• Excellent written and verbal communication skills in English.
• Excellent interpersonal skills and the ability to work effectively as part of a team.

Working Conditions

• Primarily an office environment at the Mitchell Island facility.
• Periodic time in the plant, warehouse and shipping and receiving areas to support inventory control and cycle counts, with exposure to cold, noise and wet floors.
• Required use of personal protective equipment and compliance with food safety and workplace safety requirements when in production areas.
• Extended hours may be required during month end, quarter end, year end and audit periods.

Physical Requirements

• Prolonged periods of sitting and computer work.
• Ability to walk and stand for extended periods when working in plant and warehouse areas.
• Ability to lift light items such as files and supplies.
• A valid driver’s license and access to a reliable vehicle for commuting to work would be an asset

Pay: $75,000.00-$100,000.00 per year

Benefits:

• Company events
• Dental care
• Extended health care
• Life insurance
• Vision care

Work Location: In person