The Role
Manage accounting and budgeting activities, ensure compliance with statutory requirements, develop financial reports, and coordinate budgeting processes.
Summary Generated by Built In
Job Summary & Responsibilities Preferred Qualifications
Scope of Position:
Reporting to the Director of Finance, the incumbent will be planning, organizing and managing the company's accounting and budgeting activities in accordance with established processes.
Key Responsibilities:
* Develop and maintain timely and accurate financial statements and reports.
* Balance sheet integrity and reconciliation.
* Manage the accuracy of day-to-day activities of invoicing, perpetual inventory integrity, fixed asset records, general accounting, cost accounting, etc.
* Review and maintain appropriate accruals for Obsolescence, Rebates, Bad Debt, Bonus, and other miscellaneous items.
* Ensure that all statutory requirements are met including Income Tax and sales Tax.
* Prepare analyses to evaluate different strategies and get optimal results for various projects.
* Participate in review of internal control policies to ensure compliance.
* Participate in process improvement initiatives by ensuring proper implementation, documentation and communicate the process modifications and improvements.
* Coordinate and participate in the monthly closing process and ensure the financial transactions are accounted in accordance with the IFRS and company policies.
* Coordinate and update planning tools for annual budgets, quarterly and short-term forecasts.
* Identify the management team's reporting and analysis needs and create financial reports and KPI dashboards of to meet these needs.
* Collaborate with stakeholders in the preparation of updated forecasts and present a functional, regional and consolidated analysis of the previous year's budget and forecasts.
* Actively participate in the annual budget process, including coordination with the stakeholders of the organization, budget consolidation and analysis and prepare management reports and presentations.
* Balance sheet integrity and reconciliation.
* Manage the accuracy of day-to-day activities of invoicing, perpetual inventory integrity, fixed asset records, general accounting, cost accounting, etc.
* Review and maintain appropriate accruals for Obsolescence, Rebates, Bad Debt, Bonus, and other miscellaneous items.
* Ensure that all statutory requirements are met including Income Tax and sales Tax.
* Prepare analyses to evaluate different strategies and get optimal results for various projects.
* Participate in review of internal control policies to ensure compliance.
* Participate in process improvement initiatives by ensuring proper implementation, documentation and communicate the process modifications and improvements.
* Coordinate and participate in the monthly closing process and ensure the financial transactions are accounted in accordance with the IFRS and company policies.
* Coordinate and update planning tools for annual budgets, quarterly and short-term forecasts.
* Identify the management team's reporting and analysis needs and create financial reports and KPI dashboards of to meet these needs.
* Collaborate with stakeholders in the preparation of updated forecasts and present a functional, regional and consolidated analysis of the previous year's budget and forecasts.
* Actively participate in the annual budget process, including coordination with the stakeholders of the organization, budget consolidation and analysis and prepare management reports and presentations.
Required Qualifications:
* High School Diploma required.
* Bachelor's degree in accounting, CPA designation with relevant industry experience.
* Minimum 5-7 years experience in a similar position, preferable in a Sales/Distribution environment.
* Strong computer skills including electronic spreadsheets, Power BI and ERPs.
* Ability to work and thrive in a team environment.
* Ability to work under pressure and meet tight deadlines.
* Ability to analyze and summarize information to understand issues, identify options and promote sound decision making.
* Detail oriented; inquisitive, with the ability to work conscientiously, consistently and meticulously.
* Ability to adapt to work effectively in ambiguous or changing situations and with a variety of individuals and groups.
* Strong written and oral communication skills, as well as HR management skills.
* Strong knowledge of IFRS rules.
* Bachelor's degree in accounting, CPA designation with relevant industry experience.
* Minimum 5-7 years experience in a similar position, preferable in a Sales/Distribution environment.
* Strong computer skills including electronic spreadsheets, Power BI and ERPs.
* Ability to work and thrive in a team environment.
* Ability to work under pressure and meet tight deadlines.
* Ability to analyze and summarize information to understand issues, identify options and promote sound decision making.
* Detail oriented; inquisitive, with the ability to work conscientiously, consistently and meticulously.
* Ability to adapt to work effectively in ambiguous or changing situations and with a variety of individuals and groups.
* Strong written and oral communication skills, as well as HR management skills.
* Strong knowledge of IFRS rules.
Skills Required
- Bachelor's degree in accounting
- CPA designation
- Minimum 5-7 years experience in a similar position
- Strong computer skills including electronic spreadsheets, Power BI and ERPs
- Strong knowledge of IFRS rules
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The Company
What We Do
Vallen is a leading provider of indirect industrial supplies—all those materials that are not part of the products our customers manufacture. From earplugs to specialty tools, to abrasives and cutting tools, we cover the vast majority of our customers’ maintenance, repair, operations and production-related needs. Vallen is also a leader in safety services with offerings that include equipment inspection, maintenance, certification and solution design. Many of our customers look to us for integrated supply solutions and vendor-managed inventory, with Vallen associates on-site, bringing local knowledge and expertise to the specific needs of individual facilities.
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