Financial Accountant

The Mason Group - Strategic Search Partners; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A fast-growing Canadian technology firm located in Toronto is seeking a detail-oriented Financial Accountant to join their finance team. This role emphasizes revenue recognition and deferred revenue management in a dynamic, high-growth environment. The ideal candidate will have 4-5+ years of progressive accounting experience and a diploma or degree in Accounting, Finance, or Business Administration. The company values diversity and inclusivity in its hiring process.

Qualifications

• 4-5+ years of progressive accounting experience.
• Working toward CPA designation is an asset.
• Experience in a recurring revenue, subscription, or contract-based environment strongly preferred.

Responsibilities

• Prepare and post journal entries and accruals.
• Assist with monthly, quarterly, and year-end closed processes.
• Maintain general ledger accuracy.
• Support analysis of recurring revenue streams.
• Perform monthly bank and corporate credit card reconciliations.

Skills

Detail-oriented

Revenue recognition

Deferred revenue management

Strong Excel proficiency

Organizational skills

Education

Diploma or degree in Accounting, Finance, or Business Administration

Job description

Our client is a fast-growing Canadian technology infrastructure company operating within a contract-based, recurring revenue model. The organization is scaling quickly and investing in building a strong, forward-thinking finance function to support continued growth.

This is an excellent opportunity for a detail-oriented accounting professional who enjoys working in a dynamic, high-growth environment where revenue recognition accuracy and deferred revenue management are critical to business performance. Reporting to the Assistant Controller and working closely with the CFO, you will gain strong visibility, meaningful ownership, and hands‑on exposure to recurring revenue accounting, financial reporting, and process improvement initiatives.

Reporting to the Assistant Controller, the Financial Accountant will play a key role within the finance team, supporting month‑end close, financial reporting, and core accounting operations, with a strong emphasis on revenue recognition and deferred revenue accounting in a recurring revenue environment. You will work closely with the Assistant Controller, CFO, and cross‑functional teams including billing and operations.

Key responsibilities include:

• Preparing and posting journal entries, accruals, and performing detailed account reconciliations
• Assisting with monthly, quarterly, and year‑end close processes
• Maintaining general ledger accuracy and supporting internal financial reporting
• Maintaining and reconciling deferred revenue schedules in accordance with IFRS
• Reviewing customer contracts and billing schedules to ensure proper revenue recognition and deferral treatment
• Reconciling the accounts receivable subledger to the general ledger on a monthly basis
• Partnering with billing and collections to ensure accurate invoicing and application of payments
• Supporting analysis of recurring revenue streams and contract modifications
• Maintaining the fixed asset register, including right‑of‑use assets, depreciation, and disposals
• Evaluating and accounting for leases under IFRS 16 and maintaining lease schedules
• Performing monthly bank and corporate credit card reconciliations
• Assisting with cash forecasting and reporting on liquidity
• Supporting external audit requests and preparing working papers
• Assisting with indirect tax filings (GST/HST/PST) and corporate tax support
• Participating in system enhancements, automation, and process improvement initiatives

Qualifications:

• Diploma or degree in Accounting, Finance, or Business Administration
• 4–5+ years of progressive accounting experience
• Working toward CPA designation is an asset

Technical Skills:

• Experience in a recurring revenue, subscription, or contract-based environment strongly preferred
• Hands‑on experience with revenue recognition, deferred revenue accounting and AR reconciliations
• Strong Excel and accounting systems proficiency
• Solid understanding of IFRS (including IFRS 15 and IFRS 16 preferred)
• Highly organized, detail-oriented, and comfortable working in a fast‑paced, evolving environment

Additional Information

The Mason Group is committed to fostering a diverse, inclusive, and accessible recruitment process. We welcome applicants from all qualified candidates. Accommodations are available upon request for candidates participating in all stages of the recruitment process, in accordance with the Accessibility for Ontarians with Disabilities Act (AODA).

This role is for an immediate vacancy, and we are actively hiring.

If you are already registered with The Mason Group, please contact your Recruiting Consultant directly with reference to job #20534.