Senior Accountant

Position Summary

Reporting to the Finance Manager, the Senior Accountant is responsible for ensuring the accuracy, integrity, and timeliness of financial reporting for Olde Thompson. The role leads key aspects of the month‑end close process and supports financial reporting across all manufacturing locations (four plants – three US based and one in Vietnam).

• Maintain a strong understanding of core balance sheet accounts, including prepaids, accruals, deposits, and deferred items, ensuring accurate classification, amortization, and cutoff
• Ensure proper accounting and reconciliation of lease‑related balances, including right‑of‑use (ROU) assets and associated liabilities
• Apply consistent and accurate cutoff practices for revenue, expenses, and liabilities across reporting periods
• Ensure all balance sheet accounts are supported by clear, audit‑ready documentation with appropriate aging, roll forwards, and explanations of reconciling items
• Identify, investigate, and resolve aged or unusual balances in a timely manner, escalating issues where appropriate
• Maintain discipline around journal entry preparation, including proper support, review, and adherence to internal controls
• Ensure subledger‑to‑general ledger integrity across key cycles (AR, AP, inventory, fixed assets)
• Maintain consistency in accounting treatment and proactively identify areas requiring policy clarification or improvement
• Support a clean and efficient close process by minimizing post‑close adjustments and rework
• Demonstrate ownership of data accuracy within the ERP environment and ensure transactions are recorded in the correct period and accounts

• Lead assigned components of the monthly, quarterly, and annual close process, including journal entries, accruals, and account reconciliations
• Own balance sheet accounts, ensuring completeness, accuracy, and timely reconciliation with appropriate supporting documentation
• Perform detailed variance analysis (P&L, balance sheet, WC, and FC) and provide clear, actionable explanations to management
• Support preparation and submission of monthly group reporting packages, including trial balance mapping, intercompany reporting, and consolidation inputs

• Oversee AR and AP‑related accounting activities with a focus on accuracy, cutoff, and financial risk mitigation.
• Review aging reports and assess collectability of receivables; support bad debt reserve analysis & review for deteriorating debt or proper escalation processes around risk of aging.
• Monitor AP aging and payment cycles to ensure appropriate liability recognition and cash management
• Work with offshore teams for AR and AP to evaluate and strengthen internal controls around invoicing, collections, vendor payments, and approvals
• Monitor and account for factoring and supplier financing programs
• Identify risks related to credit exposure, vendor concentration, and liquidity, and escalate as needed

• Maintain and reconcile fixed asset subledger, including additions, disposals, transfers, and depreciation
• Ensure proper capitalization of assets in accordance with accounting policies
• Review and validate capital expenditure (Cap Ex) projects and related accounting treatment
• Account for leases, including Right‑of‑Use (ROU) assets and lease liabilities, in accordance with IFRS 16
• Prepare and review lease schedules, amortization, and related disclosures
• Ensure accuracy of asset valuations and support periodic impairment assessments

• Support inventory accounting, including variance analysis, NRV and reserves assessments
• Understand inventory write‑off processes and management of obsolete inventory and related reporting.

• Support tax‑related activities, including property tax, sales/use tax, 1099
• EPR reporting preparation as required
• Budget support
• Review of overheads reporting and liaising with departmental heads
• Purchase order mapping for accuracy of overheads reporting
• Identify and implement process improvements, including automation and standardization…