Divisional Accountant

Layfield has an exciting opportunity for a Divisional Accountant in Richmond, BC. Be part of a dedicated team with a talent for facts and figures and passion for fun!

The Team
The Divisional Accountant is part of a 4-person team reporting to the Divisional Accounting Manager to provide information to and obtain information from: CFO, Supply Chain Manager, Purchasing Coordinator, VP of Operations, Maintenance Manager.

As the Divisional Accountant, you will be responsible for duties associated with credit and collections, revenue identification, cost analysis reporting, and reconciliation of CAD, USD customer cash and credit accounts through the SYSPRO reporting system and BMO online banking portal.

Among other duties, you’ll perform monthly close duties, support internal and external financial and operational audits and prepare a portion of Layfield Flexible Films’ financial statements.

You will apply professional accounting theories, policies and practices to credit analysis, cost and inventory control, cash flow and accounts receivable functions within the Richmond branch of Layfield Flexible Films Ltd, assist and recommend changes to policies and procedures for cash handling within departments and divisions, as well as work with others in all departments to help, as needed, with issues that arise in the department and/or with external departments and divisions.

A few of the key responsibilities of the Divisional Accountant:

Daily:
• Analyse and report the movement of sales, profits, and costs.
• Prepare Sales Order profitability report and distribute to the sales department, accounting manager and VP of operations
• Perform inventory cost and quantity adjustments
• Create and verify accounts receivable invoices and distribute to customers.
• Perform the day-to-day processing of revenue receipts to ensure that they are recorded and maintained in an effective, up-to-date and accurate manner

Weekly:
• Assist Accounts Payable with questions related to AP procedures
• Monitor and control intercompany sales process between Flex Canada, Geo Canada and US to assure all required steps are followed.
• Monitor LCT module to assure freight GRNs are properly created and tracked.
• Prepare and send out weekly booking and collection reports.

Semi-monthly:
• Prepare an EDC report for Layfield Flexible Films US Dollar accounts receivable insurance, submit it for approval, and issue payment.
• Prepare British Columbia Provincial Sales Tax (PST) and GST report,
• Run sales reports and prepare internal commission reports for Layfield Flexible packaging, adhering to sales budget and company commission pay-out policies.
• Prepare Commission schedule for external agents, issue payments and record against monthly sales.
• Sit in on selected month-end inventory counts to document changes in inventory movement and proposed adjustments.
• Update and prepare amortization schedule for printing press cylinders; create journal entries at month end.
• Post IBT and rebates in Syspro.
• Process month end inventory count adjustments for finished goods raw material warehouses and other warehouses as requested.
• Prepare, check and reconcile inter-company transactions.
• Prepare sales and GP reports for Market Segment, department, and sustainable products.
• Run inventory evaluation report for both US and Canada entities, making sure inventory sub-ledger matched with GL.

Quarterly and at Year-end
• Assist with sales and financial budget preparation
• Prepare year-end schedules and reports as external auditors require for Richmond location sales and accounts receivable.
• Support Flexible Film Canada and US audit

Working Conditions
Standard office working conditions on-site Monday to Friday with the flexibility of occasional work from home days.

Minimum Qualifications
• At least 3+ years accounting experience including month end / year end close, accounts receivable and accounts payable.
• Intermediate to Advanced level Microsoft Excel.
• Thorough understanding of key accounting concepts and GAAP
• Very strong data entry skills (speed and accuracy).
• Ability to assess and recommend improvements for processes and procedures; willingness to learn new concepts and work with teammates to find solutions
• Excellent oral and written English communication skills – Ability to communicate effectively with clients for invoicing and collections.
• Excellent analytical and problem-solving skills.
• Ability to work independently and in an environment with constant interruptions.

Formal Education: Bachelor’s degree in Accounting or Finance

Number of Years Experience: Three (3) years.