Senior Manager, Franchise Accounting

Vaco; Richmond Hill; On-site; CAD 120,000 - 140,000; Full time

Benefits offered by this job

Growth oriented culture

Comprehensive benefits package

Performance-based bonus

Job summary

A global food services leader seeks a Senior Manager, Franchise Accounting in Richmond Hill. This role commands oversight of financial reporting and ensures compliance with accounting standards. Ideal candidates possess a bachelor's in accounting, CPA designation, and 6+ years of experience, especially within a franchised model. Competitive salary between $120,000 - $140,000/year with benefits included.

Qualifications

• Minimum of 6+ years of progressive accounting experience.
• Experience in franchised business model preferred.
• Strong understanding of Canadian and US GAAP.

Responsibilities

• Oversee accounting and financial reporting for franchise operations.
• Manage month-end and year-end close processes.
• Lead preparation of financial statements.
• Ensure compliance with franchise agreements and internal controls.
• Supervise and mentor a team of accountants.

Skills

Leadership

Financial Reporting

GAAP Knowledge

Accounting Software

Education

Bachelor’s degree in Accounting or Finance

CPA certification

Job description

Our client is a Global Food Services Leader looking for a Senior Manager, Franchise Accounting to join their team!

Why Work Here

• Growth oriented culture
• Hands On
• Competitive salary and performance-based bonus.
• Comprehensive benefits package including medical and dental benefits

About the Opportunity

• Oversee all aspects of accounting and financial reporting related to franchise operations, including royalty revenue, advertising funds, franchisee reimbursements, and deferred revenue.
• Ensure timely and accurate month-end and year-end close processes specific to franchise activities.
• Lead preparation and review of financial statements and internal reports related to franchise performance.
• Monitor compliance with franchise agreements, GAAP, SOX and internal controls
• Ensure completeness and accuracy of franchise statements by managing the exception reports to identify errors and issues.
• Collaborate cross-functionally with Legal, Operations, Development, and Tax teams on franchise-related matters.
• Manage the accounting treatment of new franchise openings, renewals, terminations, and transfers.
• Partner with external auditors and ensure successful completion of audit procedures as it relates to franchise accounting.
• Supervise and mentor a team of accountants; provide coaching and development opportunities.
• Maintain documentation for all franchise accounting processes and ensure alignment with corporate policies.
• Stay up to date on emerging accounting standards and trends in franchising, automation tools, efficiencies and ensure proper implementation.

About You

• Bachelor’s degree in Accounting, Finance, or related field required.
• CPA certification required
• Min 6+ years of progressive accounting experience
• Experience working in a franchised business model strongly preferred.
• Strong understanding of Canadian and US GAAP
• Proven ability to manage teams

Salary Range

$120,000 - $140,000/year

How to Apply

Click the Apply Now button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Job Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Accounting/Auditing
• Industries: Food and Beverage Retail