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Financial Accountant

Financial Accountant

Process Products InternationalMarkham, ON, Canada
17 days ago
Salary
CAD30 hourly
Job type
  • Full-time
Job description

Job Description

Job Description

Position Title : Financial Accountant

Hourly Rate : $30 / hr

Company : Process Products International Ltd. (PPIL)

About Us :

Process Products International Ltd. (PPIL) is a dynamic company that has been in operation since 1939. We specialize in providing high-quality fastener solutions to a diverse range of industries. As we continue to grow and evolve, we are seeking a detail-oriented and analytical Financial Accountant to join our team immediately.

Job Summary :

The Financial Accountant will be responsible for maintaining accurate financial records and providing financial insights to support PPIL’s financial health. This role involves managing day-to-day financial transactions and supporting higher-level fiscal planning, financial analysis, and compliance. The ideal candidate will have strong analytical skills, excellent organizational capabilities, and the ability to work independently, along with a strategic mindset to help drive financial decisions.

Key Responsibilities :

  • Financial Transaction Management : Accurately record and maintain all financial transactions, including purchases, sales, receipts, and payments.
  • Accounts Payable and Receivable : Process invoices, reconcile accounts, ensure timely payments to suppliers, and manage collections from customers.
  • Bank and General Ledger Reconciliation : Regularly reconcile bank and credit card statements, manage bank deposits, and maintain the general ledger with precision.
  • Payroll Processing : Prepare payroll lists and manage payroll processing through Nethris, ensuring accuracy and timeliness.
  • Financial Analysis : Prepare financial statements and conduct variance analyses to provide insights on cost savings, budget adherence, and profitability.
  • Budgeting and Forecasting : Assist in the preparation of budgets and financial forecasts, and monitor performance against budgetary targets.
  • Compliance and Audit Support : Ensure compliance with relevant financial regulations and assist with both internal and external audits, implementing best practices for financial control.
  • Tax and Regulatory Filings : Manage GST / HST filings, work with external accountants for annual filings, and ensure compliance with applicable regulations.
  • Client Credit and Cash Flow Management : Monitor and manage client credit limits, perform cash flow analyses, and provide strategies for improvement.
  • Documentation and Year-End Procedures : Maintain organized documentation, prepare year-end closing, and archive financial records systematically.
  • Financial Reporting and KPI Analysis : Prepare and distribute weekly financial and KPI reports, with analysis to provide actionable insights for management.

Qualifications :

  • Education : Bachelor’s degree in accounting, Finance, or a related field required; CPA or CGA designation preferred.
  • Experience : 5+ years of accounting or financial analysis experience, ideally within a manufacturing or distribution environment.
  • Technical Skills : Advanced proficiency in Microsoft Office Suite (especially Excel) and familiarity with financial reporting software.
  • Analytical Skills : Strong analytical skills with the ability to interpret financial data, identify trends, and make recommendations based on financial analysis.
  • Communication : Excellent verbal and written communication skills, with the ability to present financial data clearly and concisely to stakeholders.
  • Organizational Skills : High level of organization, attention to detail, and ability to prioritize tasks in a fast-paced environment.
  • Integrity : Strong sense of integrity and confidentiality in handling sensitive financial information.

    • Preferred Skills :

  • Knowledge of P21 ERP : Familiarity with the P21 ERP system or similar ERP systems.
  • Financial Planning Experience : Background in budgeting, forecasting, and financial planning.
  • Industry Knowledge : Experience in fastener, manufacturing, or a related industry.
  • Client Credit Management : Demonstrated experience in managing credit limits and collections.

    • What We Offer :

  • Competitive Salary : Hourly rate of $30, based on experience and qualifications.
  • Benefits Package : Comprehensive health, dental, and retirement benefits.
  • Professional Development : Opportunities for continued learning and professional development in finance and accounting.
  • Collaborative Work Environment : A supportive team environment focused on growth and development.

    • How to Apply :

    Interested candidates are invited to submit their resume and cover letter outlining their qualifications and experience through the ziprecruiter platform.

    Company Description

    About Process Products International Ltd. (PPIL) :

    Founded in 1939, Process Products International Ltd. (PPIL) is a leading provider of high-quality fastener solutions to various industries. Based in Markham, Ontario, we pride ourselves on our commitment to innovation, quality, and customer satisfaction. Our team-oriented environment fosters collaboration, professional growth, and excellence. At PPIL, we offer competitive benefits and the opportunity to be part of a dynamic and evolving company dedicated to making a significant impact in the fastener market.

    Company Description

    About Process Products International Ltd. (PPIL) : \r\n\r\nFounded in 1939, Process Products International Ltd. (PPIL) is a leading provider of high-quality fastener solutions to various industries. Based in Markham, Ontario, we pride ourselves on our commitment to innovation, quality, and customer satisfaction. Our team-oriented environment fosters collaboration, professional growth, and excellence. At PPIL, we offer competitive benefits and the opportunity to be part of a dynamic and evolving company dedicated to making a significant impact in the fastener market.