Senior Accountant

About the Company
Our client is a manufacturer and distributer of heat pump systems. They are looking for a Senior Accountant to join their team!

Why Work Here

• Lots of room for growth
• Excellent boss
• Opportunity to move up to a Manager in the near term
• Very good work life balance
• Company benefits

About the Opportunity

• Trade Finance Program Administration
  • Serve as the primary administrator of the company’s trade finance facility, owning the analysis, reporting, and compliance that keep each financed purchase order on track from drawdown through repayment.
  • Maintain the tracking and forecasting that tie financed inventory to its repayment schedule, analyzing how orders and collections are progressing to anticipate funding and repayment needs.
  • Prepare timely, accurate reporting to our banking partners, ensuring documentation and compliance requirements are met and proactively flagging risks to management and the bank.
  • Reconcile trade finance balances against inventory and receivables, and coordinate repayments across the company’s credit facilities.
  • Partner with Operations and our third-party logistics providers to ensure the inventory and documentation data underpinning the program is complete and accurate.
• General Accounting & Team Support
  • Partner with the general accountant on day-to-day accounting operations, including bank reconciliations, bookkeeping, vendor payments, collections, payroll, and GST/HST and provincial sales tax filings.
  • Support and help execute the month-end and year-end close, including journal entries, accruals, and account reconciliations.
  • Provide cross-coverage and added depth across the accounting function as the business scales.
• Costing, Inventory & Financial Analysis
  • Maintain landed-cost calculations (freight, duty, brokerage, FX, and logistics) and analyze product and SKU-level margins.
  • Reconcile inventory across our own and 3PL-managed warehouses and the ERP; review inventory aging and slow-moving stock and recommend provisions.
  • Prepare variance and margin analysis and ad-hoc financial analysis to support management decisions and the company’s cash-flow forecast.
• Systems & Process (NetSuite Migration)
  • Play a key role in the company’s migration to NetSuite — supporting data mapping, testing, and process design, with particular focus on Trade Finance tranche tracking and inventory/serial-number management.
  • Help build and document standard operating procedures and internal controls for the Trade Finance program and the general accounting function.

About You

• 5+ years of progressive accounting experience, including experience at a senior accountant or financial analyst level.
• Experience in distribution, import/export, wholesale, or other inventory-intensive, product-based businesses strongly preferred.
• Demonstrated experience with cost analysis, landed costing, and inventory accounting.
• Exposure to trade finance, asset-based lending, inventory or floorplan financing, or lender/covenant reporting is a strong asset.
• Bachelor’s degree in Accounting or Finance; CPA (or in progress) preferred.
• Hands-on ERP experience; NetSuite or a comparable ERP such as SAP, Acumatica, or Sage, plus QuickBooks Online experience. ERP implementation or migration experience is an asset.
• Advanced Excel and strong analytical skills, with high attention to detail when managing high transaction volumes.
• Fluent in Mandarin and English, to communicate effectively with Chinese business partners and other overseas suppliers.
• Highly organized, deadline-driven, dependable, and comfortable in a fast-paced, high-growth environment.

Salary Range
$80,000 - $90,000 / year

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #482115

This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.