Accountant (18 month )

Valor Distributions; Toronto; On-site; CAD 70,000 - 80,000; Full time

Job summary

Valor Distributions, Canada’s vape wholesale expert based in Ontario, seeks an experienced Accountant to support multiple entities with month-end, close, reporting, and tax-related accounting. The role requires meticulous multi-entity management, audit coordination, and cross-functional collaboration in a fast-paced environment.

You will handle inventory costing, intercompany reconciliations, and year-end work papers, while communicating findings in English during monthly meetings.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, or a related field.
• Full-cycle accounting experience.
• Strong knowledge of month-end and year-end close processes.
• Solid understanding of accrual accounting, reconciliations, inventory accounting, and financial reporting.
• Experience supporting external audits and preparing working papers.
• Experience with GST/HST, PST, Excise tax, and Corporate tax-related accounting
• Strong Microsoft Excel skills.
• Experience with Xero and CaseWare and Taxprep is preferred.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and ability to manage multiple deadlines.
• Ability to work independently and collaborate effectively with cross-functional teams.
• Strong written and verbal communication skills.

Responsibilities

• Manage month-end and quarter-end closing activities for multiple entities.
• Prepare and review journal entries, accruals, reclassifications, and other period-end adjustments.
• Perform balance sheet and income statement reconciliations.
• Review financial results for completeness and accuracy.
• Investigate and resolve unusual balances, variances, and reconciling items.
• Prepare supporting schedules and working papers for period-end reporting.
• Review financial statements, identify and resolve questions with the foreign entity, and clearly present findings and questions during monthly virtual meetings in English.
• Prepare recurring financial and management reports.
• Perform P&L and balance sheet variance analysis.
• Monitor and reconcile key balance sheet accounts.
• Prepare intercompany reconciliation and settlement schedules.
• Support management with financial analysis and reporting as required.
• Perform inventory and COGS reconciliations between accounting and inventory systems.
• Investigate inventory and costing variances and prepare necessary adjustments.
• Prepare excise tax calculations and related reconciliations.
• Maintain supporting schedules for indirect taxes, including GST/HST and PST.
• Assist with corporate tax-related schedules and supporting documentation.
• Assist with year-end close and preparation of year-end working papers and T2.
• Prepare supporting schedules and documentation requested by external auditors.
• Respond to audit inquiries and follow up on outstanding audit items.
• Coordinate with internal departments to obtain supporting information.
• Assist with corporate tax filings and other year-end reporting requirements.
• Assist with day-to-day accounting questions and transaction reviews.
• Work with Internal Audit, Operations, Sales, Logistics, and other departments to resolve accounting issues.
• Support process improvements and strengthen accounting controls and procedures.
• Assist with special projects and other accounting-related tasks as assigned.

Skills

Full-cycle accounting

Month-end close

Year-end close

Accrual accounting

Reconciliations

Inventory accounting

Financial reporting

Audits support

GST/HST

PST

Excise tax

Corporate tax

Excel

Xero

CaseWare

Taxprep

Analytical skills

Attention to detail

Communication skills

Cross-functional

Education

Bachelor’s degree in Accounting, Finance, Business, or a related field

Tools

Xero

CaseWare

Taxprep

Excel

Job description

Valor Distributions

Canada's vape wholesale experts.

Website: https://www.valordistributions.com

Accountant | Scarborough, Ontario | (Contract, 18-month)

Full Time - 18 months | Accounting

About Valor Distributions

WHO WE ARE

Valor Distributions is Canada's premier wholesale distributor of vaping products. Operating out of our Ontario warehouse, we supply retailers across the country with premium hardware and e-liquid brands, fast.

We are a lean, commercial team that moves quickly and takes service seriously. The work here is hands-on, the expectations are high, and the people who thrive with us take ownership of their results without needing to be managed closely.

If you want a role where your contribution directly affects how the business performs, this is that kind of place.

What We Do

We distribute some of the most recognized vape brands in Canada, including STLTH, GeekVape, Vaporesso, and more. Our value to retail partners is simple: the right products, available quickly, with a team that picks up the phone. We help our customers avoid customs delays, long lead times, and the headaches that come with sourcing internationally.

THE ROLE

We are seeking an experienced Accountant to support the accounting and financial reporting functions for multiple entities within the organization.

This role is responsible for month-end and quarter-end close, financial reporting and analysis, account reconciliations, audit and year-end support, tax-related schedules, and day-to-day accounting activities. The Accountant will work closely with the Operations team and other departments to ensure timely and accurate financial reporting.

The ideal candidate is detail-oriented, highly organized, comfortable working in a multi-entity environment, and able to independently manage recurring deadlines and accounting issues.

What You'll Be Doing

Month-End & Quarter-End Close

• Manage month-end and quarter-end closing activities for multiple entities.
• Prepare and review journal entries, accruals, reclassifications, and other period-end adjustments.
• Perform balance sheet and income statement reconciliations.
• Review financial results for completeness and accuracy.
• Investigate and resolve unusual balances, variances, and reconciling items.
• Prepare supporting schedules and working papers for period-end reporting.
• Review financial statements, identify and resolve questions with the foreign entity, and clearly present findings and questions during monthly virtual meetings in English.

Financial Reporting & Analysis

• Prepare recurring financial and management reports.
• Perform P&L and balance sheet variance analysis.
• Monitor and reconcile key balance sheet accounts.
• Prepare intercompany reconciliation and settlement schedules.
• Support management with financial analysis and reporting as required.

Inventory, Costing & Tax-Related Accounting

• Perform inventory and COGS reconciliations between accounting and inventory systems.
• Investigate inventory and costing variances and prepare necessary adjustments.
• Prepare excise tax calculations and related reconciliations.
• Maintain supporting schedules for indirect taxes, including GST/HST and PST.
• Assist with corporate tax-related schedules and supporting documentation.

Year-End & External Audit

• Assist with year-end close and preparation of year-end working papers and T2.
• Prepare supporting schedules and documentation requested by external auditors.
• Respond to audit inquiries and follow up on outstanding audit items.
• Coordinate with internal departments to obtain supporting information.
• Assist with corporate tax filings and other year-end reporting requirements.

Team & Operational Support

• Assist with day-to-day accounting questions and transaction reviews.
• Work with Internal Audit, Operations, Sales, Logistics, and other departments to resolve accounting issues.
• Support process improvements and strengthen accounting controls and procedures.
• Assist with special projects and other accounting-related tasks as assigned.

What You Bring

• Bachelor’s degree in Accounting, Finance, Business, or a related field.
• Full-cycle accounting experience.
• Strong knowledge of month-end and year-end close processes.
• Solid understanding of accrual accounting, reconciliations, inventory accounting, and financial reporting.
• Experience supporting external audits and preparing working papers.
• Experience with GST/HST, PST, Excise tax, and Corporate tax-related accounting
• Strong Microsoft Excel skills.
• Experience with Xero and CaseWare and Taxprep is preferred.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and ability to manage multiple deadlines.
• Ability to work independently and collaborate effectively with cross-functional teams.
• Strong written and verbal communication skills.

WHY JOIN US

• Opportunity to work in a highly dynamic industry to boost your career and experience
• Health benefits after 3 months probation period
• Planned for 18 months - potential to convert to a permanent employee based on performance

Compensation

$70,000 to $80,000 annually dependent on experience

AI SCREENING DISCLOSURE

This organization uses artificial intelligence tools to assist in the initial screening and review of applications. AI may be used to assess resumes and identify candidates for further consideration. All hiring decisions are made by human reviewers.

ACCESSIBILITY AND ACCOMMODATION

We are committed to an inclusive, barrier-free recruitment process. Accommodations are available at any stage of the hiring process for applicants with disabilities.

EQUAL OPPORTUNITY

We are an equal opportunity employer and welcome applications from all qualified individuals regardless of race, colour, religion, sex, national origin, age, disability, or any other protected characteristic under applicable law.