Senior Accountant
Job in
Toronto, Ontario, C6A, Canada
Listed on 2026-09-19
Listing for:
The International Group, Inc.
Full Time
position Listed on 2026-09-19
Job specializations:
-
Accounting
Financial Reporting, Cost Accountant, Accounting & Finance, Financial Analyst
Job Description & How to Apply Below
IGI is looking for a designated CPA to own the accounting close and cost accounting for our manufacturing entities. This is a hands-on technical role with a real seat at the table: you will close the books, prove out the balance sheet, and keep our standard cost model honest - and then turn around and explain to operating leadership why the P&L came out the way it did.
The right person is equally comfortable posting a variance capitalization entry and standing in front of a plant manager to explain what drove an unfavorable purchase price variance. If you want a role where the numbers you produce are actually used to run the business, this is it.
Key Responsibilities Month-End Close and Financial Reporting (Multi-Entity)- Own and complete the month-end, quarter-end, and year-end close for multiple legal entities, delivering to a firm close calendar.
- Prepare and post all required journal entries - accruals, prepaids, allocations, intercompany, payroll, depreciation, and adjusting entries - with clear, audit-ready support.
- Perform intercompany reconciliation and elimination, and support the consolidation of entity results.
- Drive continuous improvement of the close: shorten cycle time, eliminate manual workarounds, and document what you standardize.
- Be comfortable with foreign currency transaction accounting and translation
- Prepare all balance sheet account reconciliations on a monthly basis, including cash, inventory, fixed assets, prepaids, accruals, and intercompany accounts.
- Investigate and clear reconciling items promptly; esc...
- Maintain a complete, well-organized reconciliation binder that stands up to internal and external audit without rework.
- Make capital versus expense determinations on relevant spend and maintain an accurate, up-to-date capex tracking schedule on a monthly basis.
- Serve as the subject matter expert on standard cost accounting — bills of material, routings, labor and overhead rates, and absorption.
- Prepare all inventory revaluation entries and the capitalization of manufacturing variances (purchase price, material usage, labor, and overhead absorption) to inventory and cost of sales.
- Analyze and explain production variances; partner with operations and supply chain to identify root causes and correct them at the source.
- Support the annual standard cost roll and periodic rate updates; validate the accuracy of costed inventory.
- Review inventory valuation, cycle count and physical inventory results, obsolescence and excess reserves, and lower-of-cost-or-market assessments.
- Work confidently across differing units of measure (e.g., weight, volume, count) when reconciling inventory, production, and costing data, converting accurately between them as needed.
- Provide monthly P&L commentary that explains the results of the businesses — bridging actual to budget, forecast, and prior periods in language an operator can act on.
- Translate gross margin movement into its drivers: volume, price, mix, material cost, and manufacturing performance.
- Present findings to the Controller and business leadership, and follow through on the actions that come out of those conversations.
- Support budgeting, forecasting, and ad hoc analysis for the entities you own.
- Ensure controls are in place across the accounting cycle, and evaluate their design and operating effectiveness on an ongoing basis.
- Document processes and control narratives; identify gaps, recommend remediation, and implement the fix.
- Act as a primary contact for external auditors — prepare schedules, respond to requests, and resolve findings.
- Ensure accounting treatment complies with ASPE and internal policy.
- Prep…
Position Requirements
10+ Years
work experience
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