Senior Accountant

Precision Laser & MFG is currently recruiting for the following position.

Position Summary

The Senior Accountant is responsible for maintaining accurate financial records, preparing financial reports, completing account reconciliations, and supporting the company's day-to-day accounting operations. This role plays an important part in month-end and year-end closing, financial analysis, budgeting, and ensuring compliance with accounting standards and company policies.

The Senior Accountant works closely with the Accounting Manager and other departments to ensure financial information is accurate, complete, and submitted within required deadlines.

Key Responsibilities

1. General Accounting

• Maintain and reconcile general ledger accounts.
• Prepare and post journal entries, accruals, and adjusting entries.
• Reconcile bank accounts, credit cards, and balance sheet accounts.
• Review financial transactions for accuracy and proper coding.
• Maintain organized and accurate financial records.
• Investigate and resolve accounting discrepancies.

2. Accounts Payable and Accounts Receivable

• Assist with overseeing accounts payable and accounts receivable activities.
• Review vendor invoices, customer invoices, payments, and account balances as required.
• Monitor outstanding receivables and assist with collection follow-ups.
• Reconcile vendor and customer accounts.
• Support timely payment processing and accurate financial reporting.

3. Financial Reporting

• Prepare monthly financial statements, including income statements and balance sheets.
• Prepare monthly financial reports and supporting schedules for management.
• Analyze financial results and investigate variances.
• Assist with budgeting, forecasting, and cash flow reporting.
• Provide financial information to support business decisions.

4. Month-End and Year-End Closing

• Complete assigned month-end and year-end closing activities.
• Prepare account reconciliations and supporting documentation.
• Ensure transactions are recorded in the correct accounting period.
• Assist with the preparation of year-end financial statements.
• Coordinate with external accountants and auditors as required.

5. Tax and Compliance

• Assist with preparing and reviewing applicable tax filings, including sales tax and other required remittances.
• Ensure compliance with applicable accounting standards and company procedures.
• Maintain documentation for audits and financial reviews.
• Support internal controls and identify opportunities to improve accounting processes.

6. Process Improvement and Team Support

• Identify opportunities to improve accounting procedures and reporting.
• Assist with accounting system updates and process improvements.
• Provide guidance and support to junior accounting staff as required.
• Work collaboratively with other departments to resolve financial questions and discrepancies.
• Perform other related duties as assigned by management.

Qualifications and Requirements

• Degree or diploma in Accounting, Finance, or a related field.
• Professional accounting designation (CPA) or progress toward designation is an asset.
• Minimum of 3–5 years of progressive accounting experience.
• Strong knowledge of general ledger accounting, account reconciliations, financial reporting, and month-end closing.
• Experience with accounts payable and accounts receivable processes.
• Knowledge of applicable accounting standards and tax requirements.
• Proficiency in Microsoft Excel and accounting software.
• Strong analytical, organizational, and problem-solving skills.
• Excellent attention to detail and accuracy.
• Ability to manage multiple priorities and meet deadlines.
• Strong communication skills and the ability to work independently and as part of a team.
• Ability to maintain confidentiality when handling financial information.

Benefits:

• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid sick time
• Vision insurance

Work Location: In person