Junior Accountant

Magnus HRS; Toronto; Hybrid; CAD 45,000 - 60,000; Full time

Benefits offered by this job

Hybrid work model (Etobicoke)

Benefits package

Job summary

Magnus HRS is seeking a detail-oriented Junior Accountant to support multiple operating companies in a hands-on role. You’ll manage day-to-day accounting for one company initially, while assisting with others during peak periods.

The on-site position is based in Etobicoke (Mon.-Thu. on-site, Fri. work from home). The role emphasizes accuracy, organization, and proactive problem-solving in a fast-paced environment.

Qualifications

• 2+ years of experience in full-cycle accounting or bookkeeping.
• Proficiency with QuickBooks Online.
• Experience with invoicing and accounts receivable, accounts payable, bank reconciliations, month-end close, GST/HST filings.

Responsibilities

• Manage day-to-day accounting operations for an assigned company.
• Maintain accurate and up-to-date financial records.
• Process accounts payable and accounts receivable.
• Prepare and issue customer invoices.
• Monitor collections and follow up on outstanding receivables.
• Record bank, credit card, and journal entries.
• Process expense reports and vendor payments.
• Perform monthly bank and credit card reconciliations.
• Reconciling balance sheet accounts and investigate discrepancies.
• Assist with month-end close procedures and working papers.
• Support preparation of internal financial reporting packages.
• Ensure documentation is complete and organized.
• Prepare and process GST/HST filings.
• Assist with payroll-related reconciliations and government remittances as required.
• Support audit and external accountant requests.
• Work extensively with QuickBooks Online.
• Maintain organized electronic accounting files and documentation.

Skills

Full-cycle accounting

QuickBooks Online

Accounts receivable

Accounts payable

Bank reconciliations

Month-end close

GST/HST filings

Attention to detail

Multitasking

Communication

Education

Post-secondary education in Accounting/Finance/Business

Tools

QuickBooks Online

Job description

We're seeking a detail-oriented and organized Junior Accountant to join our growing team in a hands-on accounting role supporting multiple operating companies. This position is ideal for someone with strong full-cycle accounting experience who's comfortable managing day-to-day accounting operations independently while also supporting broader finance and administrative functions as needed.

The successful candidate will initially take primary responsibility for one company within the group while assisting with accounting and operational tasks across additional entities during busy periods.

This is an on-site position based in Etobicoke (Mon.-Thurs. on-site, Fri. Work from Home).

Key Responsibilities

Full-Cycle Accounting

• Manage day-to-day accounting operations for an assigned company
• Maintain accurate and up-to-date financial records
• Process accounts payable and accounts receivable
• Prepare and issue customer invoices
• Monitor collections and follow up on outstanding receivables
• Record bank, credit card, and journal entries
• Process expense reports and vendor payments

Month-End & Reconciliations

• Perform monthly bank and credit card reconciliations
• Reconcile balance sheet accounts and investigate discrepancies
• Assist with month-end close procedures and working papers
• Support preparation of internal financial reporting packages
• Ensure supporting documentation is complete and organized
• Prepare and process GST/HST filings
• Assist with payroll-related reconciliations and government remittances as required
• Support audit and external accountant requests

Systems & Administrative Support

• Work extensively within QuickBooks Online
• Maintain organized electronic accounting files and documentation
• Assist with process improvements and accounting workflow organization
• Support additional companies and finance projects as workload permits

Qualifications

• 2+ years of experience in full-cycle accounting or bookkeeping
• Strong working knowledge of QuickBooks Online
• Experience with:
• invoicing and accounts receivable
• accounts payable
• bank reconciliations
• month-end close procedures
• GST/HST filings
• Strong attention to detail and organizational skills
• Ability to prioritize and manage multiple responsibilities
• Strong communication and problem-solving abilities

Preferred Qualifications

• Experience working with multiple entities or related companies
• Experience in professional services, staffing, healthcare, or consulting environments
• Post-secondary education in Accounting, Finance, or Business
• Pursuing or interested in pursuing an accounting designation is considered an asset

What We’re Looking For

We are looking for someone who is proactive, dependable, and comfortable taking ownership of accounting responsibilities. The ideal candidate is someone who enjoys keeping things organized, can work independently, and is willing to support a fast-paced entrepreneurial environment where priorities can shift quickly.

What's in it for you? (Salary, Commissions & Benefits)

• Hybrid work model based in Etobicoke, ON — balance remote flexibility with in-office collaboration
• Competitive base salary as the core of your compensation package with benefits