About Us
RIC Power Corp. designs and manufactures medium-voltage switchgear solutions for utilities, industrial facilities, and infrastructure projects where safety, reliability, and performance are critical. Our focus is on delivering engineered-to-order systems, including metal-enclosed, metal-clad, and arc-resistant switchgear, tailored to the unique requirements of each application.
Job Summary
We are seeking a highly motivated, analytical, and organized Senior Accountant,possessing direct experience within a manufacturing environment, to join our team. This role involves managing key accounting functions while ensuring the smooth operation of our office environment, reporting directly to the Financial Controller. This is a diverse, hands-on role ideal for a seasoned accounting professional who enjoys contributing to both the financial integrity and the operational efficiency of a growing company. You will be responsible for significant aspects of the accounting cycle, financial reporting, inventory and cost accounting considerations, and analysis.
Job Duties
- Manage full-cycle accounts payable (AP) processes, including invoice verification, coding, processing, payments, and vendor reconciliations.
- Manage full-cycle accounts receivable (AR) processes, including invoicing, collections, cash application, and customer reconciliations.
- Maintain the integrity and accuracy of the general ledger (GL); prepare and post journal entries, including those related toinventory, cost of goods sold (COGS), and manufacturing variances.
- Perform timely bank and credit card reconciliations.
- Record payroll journal entries based on third-party provider reports, reconcile related liability accounts, and verify the timely remittance of all source deductions (CPP, EI, Income Tax).
- Calculate, collect, file, and remit GST and BC PST accurately and on time.
- Lead month-end and year-end closing procedures, ensuring deadlines are met, with a focus onaccurate inventory valuation and COGS reporting.
- Prepare timely and accurate monthly financial statements and supporting schedules for review by the Financial Controller.
- Assist the Financial Controller with variance analysis (actual vs. budget/forecast), particularly focusing onproduction costs and material variances.
- Support the budgeting and forecasting processes, incorporating manufacturing-specific drivers.
- Assist with internal and external audits by providing necessary documentation and support, especially related to inventory and costing.
- Maintain organized, accurate, and complete financial records (digital and physical).
- Contribute to the development and implementation of accounting policies, procedures, and internal controls.
- Identify opportunities for process improvements within the finance function, especially related to manufacturing accounting workflows.
- Utilize and maintain data integrity within the company's ERP system, ensuring it accurately reflects manufacturing operations.
- Handle confidential information with the utmost discretion.
Requirements
- Bachelor’s degree in accounting, Finance, or a related business field is required.
- Minimum 3-5 years of accounting experience specifically within a manufacturing environment is required.This must include hands-on experience with inventory accounting, cost of goods sold calculation, and ideally exposure to standard costing or variance analysis.
- Overall minimum 5+ years of progressive accounting experience, including hands-on experience with full-cycle accounting.
- Experience working with ERP systems is essential, particularly modules related to inventory and manufacturing.
- Strong understanding of Canadian GST/PST rules and remittance procedures.
- Advanced proficiency in Microsoft Excel (Pivot Tables, VLOOKUPs, complex formulas) and competence in other MS Office applications.
- Strong analytical, problem-solving skills, and exceptional attention to detail and accuracy.
- Excellent organizational and time management skills with the ability to manage multiple priorities and meet deadlines effectively.
- Proven ability to work independently with minimal supervision, demonstrating initiative and a proactive approach.
- Strong verbal and written communication skills.
- Demonstrated ability to handle sensitive information with confidentiality and discretion.
- Previous experience handling office administration duties is a plus.
Benefits
- Health Spending Account
- Tuition Reimbursement
- Safety Boots Allowance
- Safety Prescription Glasses Allowance
- Paid Vacation time-Off