Accounting Lead, Receivables & Financial Reporting
📍 Toronto, ON | Hybrid – Minimum 4 days onsite
💰 $90,000–$110,000 base salary
📅 Full-time, Permanent
I’m partnering with an established international organization to recruit an Accounting Lead, Receivables & Financial Reporting for its Toronto team.
Reporting to the Director of Accounting, this role combines financial reporting, accounts receivable oversight, and team leadership. The successful candidate will play an important role in maintaining accurate financial records, strengthening collection processes, and ensuring accounting activities are completed in accordance with internal policies and IFRS requirements.
Key Responsibilities
Financial Reporting & Accounting
- Manage the month-end close process, including preparing and reviewing monthly financial statements and management reports.
- Oversee monthly, quarterly, and annual accounts receivable subledger close activities and related financial reporting in accordance with IFRS.
- Review balance sheet reconciliations to ensure accuracy and timely completion.
- Prepare Canadian sales tax filings and assist with the annual corporate tax return.
- Lead internal, external, and regulatory audit processes.
Accounts Receivable & Credit Management
- Oversee the accounts receivable function from order release through reporting and reconciliation.
- Monitor overdue invoices, chargebacks, credit memos, customer credit balances, and payment activity.
- Conduct monthly and quarterly AR reviews to assess aging, identify high-risk accounts, and strengthen collection strategies.
- Minimize bad debt exposure and monitor days sales outstanding (DSO) targets.
- Evaluate and recommend customer credit limits in accordance with credit policies.
- Address collection-related inquiries and support positive relationships with internal and external stakeholders.
- Ensure transactions comply with internal policies and external requirements.
Team Leadership & Collaboration
- Lead and support direct reports, monitor progress against objectives, and encourage professional development.
- Provide accounting guidance to internal teams and shared services partners on operational finance matters.
- Collaborate with cross-functional teams to ensure financial activities are recorded accurately and on time.
Qualifications
- At least 5 years of progressive accounting experience, including 1–2 years of people management experience.
- CPA, CA, or equivalent professional accounting designation, or currently working toward one.
- Experience with ERP and financial systems, ideally within a large, complex corporate environment.
- Strong knowledge of financial reporting, accounts receivable, reconciliations, and accounting processes.
- Familiarity with IFRS and Canadian sales tax filings.
- Advanced proficiency in Microsoft Office, particularly Excel.
- Excellent organizational skills and the ability to manage competing priorities and deadlines.
- Strong written and verbal communication skills, with the ability to work effectively with a variety of stakeholders.
- A proactive approach to problem-solving, process improvement, and team development.
