Accounting Specialist/Financial Analyst (Waterloo, ON, CA, N2V 2K1)

Reporting to the Accounting Manager this role is responsible for general accounting within the Finance department and ensuring accurate and timely accounting and reporting of financial transactions. This role requires a solid understanding of accounting principles, strong analytical skills and proficiency in Excel for data analysis.

This role requires compliance with company policies, local statutory reporting and U.S. public company reporting, including internal control requirements under Sarbanes Oxley. This is an in-office position, where the selected candidate will be required to work out of our Waterloo, Ontario office.

Responsibilities

• Prepare, review and maintain accounting records to ensure accurate and timely accounting of transactions for monthly, quarterly and year-end financial close requirements.
• Prepare and post journal entries, including proper support documentation and review of entries.
• Perform monthly general ledger account reconciliations and prepare supporting working papers for balance sheet accounts that support reconciliations.
• Manage inter-company accounts and transactions including posting invoices and reconciling balances.
• Processing AP payments and general AP support as required.
• Accounting for employee T&E expenses using SAP Concur and assisting employees with T&E system and accounting questions.
• Provide profit and loss variance explanations to ensure complete and accurate financial accounting and reporting.
• Manage inventory cost accounting activities, including:
• Reviewing and posting inventory transactions.
• Closing inventory jobs and analyzing inventory activity.
• Performing inventory valuation and standard cost updates.
• Reviewing inventory variances and investigating discrepancies.
• Reconciling inventory subledger balances to the general ledger.
• Partner with Operations and Supply Chain teams to ensure accurate inventory transactions, effective inventory controls, and proper inventory valuation.
• Participate in inventory cycle counts and annual physical inventory counts, including reconciliation and reporting of count results.
• Other general accounting needs as required, including but not limited to accounts receivable, prepaids, fixed assets accounting and month end reporting.
• Support the budgeting and forecasting processes by providing financial insights and historical data analysis.
• Ensure compliance with company policies and internal control requirements.
• Support for internal and external audit requests.
• Assist with special projects, including enhancements to existing financial software and new financial software. Participate in system implementations and process automation initiatives.
• Identify opportunities to improve accounting processes and controls.
• Maintain and update accounting procedures and documentation.
• Other duties as assigned.

Requirements

• Post secondary degree in Accounting, Finance, Business Administration, or a related field preferred.
• Minimum 3 years of experience in an accounting role.
• Proficiency with ERP systems, experience with Epicor considered an asset.
• Advanced Excel skills (i.e. pivot tables; xlookup/vlookup, sumif, etc.).
• High attention to detail and the ability to manage multiple competing priorities.
• Strong team player with a commitment to providing exceptional internal and external customer service.
• Excellent communication, and collaboration skills.

This position is an existing vacancy. AI technology may be used in the screening of candidates.

Virtek encourages applications from all qualified candidates. Accommodations are available upon request. Should you need an accomodation at any stage of the recruitment process please contact us at 519-746-7190 ext. 202.

Virtek Vision international is a high technology company based in Waterloo, Ontario. We are the world’s leader in providing laser and vision-based projection and inspection solutions. Virtek has a dominant product position in the aerospace, prefabricated construction and industrial fabrication markets.

Virtek’s solutions support manufacturers world-wide in a variety of specialized industries to assist with assembly processes. Our solutions project laser light onto a 3D work surface with high accuracy, speed, and precision for applications such as composite fiber ply layup, paint masking, placement of components or materials, quality inspection and reverse engineering.

For more information, please visit http://www.virtekvision.com or https://www.youtube.com/user/virtekvision

In 2024, Virtek was acquired by AMETEK, Inc., a leading global provider of industrial technology solutions.