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About the Role

The Senior Accountant will ensure the accuracy, integrity, and timeliness of financial reporting for Olde Thompson, leading key aspects of the month-end close process and supporting financial reporting for the business across all manufacturing locations. This role will maintain strong internal controls, support audit and compliance requirements, and partner with cross-functional teams to improve financial processes and reporting accuracy.

Responsibilities

Maintain a strong understanding of core balance sheet accounts, ensuring accurate classification, amortization, and cutoff.
Ensure proper accounting and reconciliation of lease-related balances.
Apply consistent and accurate cutoff practices for revenue, expenses, and liabilities.
Ensure all balance sheet accounts are supported by clear, audit-ready documentation.
Identify, investigate, and resolve aged or unusual balances in a timely manner.
Maintain discipline around journal entry preparation, including proper support, review, and adherence to internal controls.
Ensure subledger-to-general ledger integrity across key cycles (AR, AP, inventory, fixed assets).
Maintain consistency in accounting treatment and proactively identify areas requiring policy clarification or improvement.
Support a clean and efficient close process by minimizing post-close adjustments and rework.
Demonstrate ownership of data accuracy within the ERP environment.
Lead assigned components of the monthly, quarterly, and annual close process.
Own balance sheet accounts, ensuring completeness, accuracy, and timely reconciliation.
Perform detailed variance analysis and provide clear, actionable explanations to management.
Support preparation and submission of monthly group reporting packages.
Oversee AR and AP-related accounting activities with a focus on accuracy, cutoff, and financial risk mitigation.
Review aging reports and assess collectability of receivables; support bad debt reserve analysis.
Monitor AP aging and payment cycles to ensure appropriate liability recognition and cash management.
Work with off-shore teams for AR and AP to evaluate and strengthen internal controls.
Monitor and account for factoring and supplier financing programs.
Identify risks related to credit exposure, vendor concentration, and liquidity, and escalate as needed.
Maintain and reconcile fixed asset subledger, including additions, disposals, transfers, and depreciation.
Ensure proper capitalization of assets in accordance with accounting policies.
Review and validate capital expenditure (CapEx) projects and related accounting treatment.
Account for leases, including Right-of-Use (ROU) assets and lease liabilities.
Prepare and review lease schedules, amortization, and related disclosures.
Ensure accuracy of asset valuations and support periodic impairment assessments.
Support inventory accounting, including variance analysis, NRV and reserves assessments.
Understand inventory write off processes and management of obsolete inventory and related reporting.
Support tax-related activities, including property tax, sales/use tax, 1099.
EPR reporting preparation as required.
Budget support.
Review of overheads reporting and liaising with departmental heads.
Purchase order mapping for accuracy of overheads reporting.
Identify and implement process improvements, including automation and standardization initiatives.
Occasional travel to Oxnard or NJ on a need basis.
Ad hoc support as required.

Requirements

Bachelor’s degree in Accounting or Finance required.
Minimum of five (5) years of progressive accounting experience.
Strong knowledge of accounting principles and financial reporting standards (IFRS).
Experience with ERP systems such as SAP ERP would be an asset (Plex is our ERP and training support would be provided).
Advanced Microsoft Excel skills, including pivot tables, lookups, data analysis.
CPA or CPA-eligible preferred.
Experience in manufacturing, food industry, or inventory-heavy environment is preferred.
Strong analytical, problem-solving, and organizational skills.
Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Excellent interpersonal and communication skills, with the ability to collaborate across teams and geographies.

Skills

Accounting principles
Financial reporting standards (IFRS)
ERP systems (SAP ERP, Plex)
Microsoft Excel (pivot tables, lookups, data analysis)
Analytical skills
Problem-solving skills
Organizational skills
Interpersonal skills
Communication skills

Location

Toronto, Canada

Work Type

Full-time
On-site

Experience Level

Senior

Education Level

Bachelor's degree in Accounting or Finance

Salary/Compensations

$75,000 - $95,000 annually

Benefits

Performance-based Bonuses
Comprehensive Benefits Coverage
Culture of Well-being
Vacation time from Day 1
Paid Sick Leave
Company Paid Holidays
Company Pension Plan
Career Growth & Learning

About the Company

Global leader in food & beverage ingredients.
Pioneers at heart, operating at the forefront of consumer trends.
Provide food & beverage manufacturers with products and ingredients that delight consumers.
Making a positive impact on people and planet.
Deep-rooted presence in countries where ingredients are grown, enabling better quality, and more reliable, traceable and transparent supply.
Add value through a unique, complementary portfolio of natural, delicious and nutritious products.
Help customers unleash the sensory and functional attributes of cocoa, coffee, dairy, nuts and spices.
Create naturally good food & beverage products that meet consumer expectations.
Operate with integrity, making it real in all interactions.

Equal Opportunity

Equality of opportunity for all persons with respect to hiring without discrimination on the grounds of race, color, religion, national origin, sex, pregnancy, age, disability, veteran status, or sexual orientation.
All employment will be decided on the basis of qualifications, merit and business need.
Olam Americas LLC is proud to be an equal opportunity workplace.