At a Glance
- Tasks: Manage daily financial operations, including reporting, payroll, and cash flow forecasting.
- Company: Join a stable, growing local company with a strong reputation in the Okanagan.
- Benefits: Competitive salary, influence over financial operations, and leadership opportunities.
- Other info: Ideal for those with a background in construction or project costing.
- Why this job: Shape financial processes and lead a supportive team in a dynamic environment.
- Qualifications: 5-8 years of accounting experience and strong leadership skills.
The predicted salary is between 80000 - 90000 $ per year.
About the Role
Reporting to the CFO and Owners, the Accounting Manager will own the day-to-day financial operations of the company, including monthly financial reporting, work-in-progress (WIP) reporting, cash flow forecasting, payroll, and bank reconciliations.
You'll supervise the Accounts Payable and Accounts Receivable Accountants, acting as the central point of accountability for the finance function.
This is a hands-on role suited to someone who is comfortable both managing the details and presenting results to leadership.
Key Responsibilities
- Financial Statements & Reporting
- Prepare monthly financial statements and perform month-end close checklist tasks
- Post monthly accrual and adjusting journal entries
- Present the financial statement package and KPIs to Company stakeholders
- Prepare the quarterly Borrowing Base Certificate (BBC) for bank reporting
- Calculate bank covenants and monitor ongoing compliance
- Prepare WCB, EHT, RRSP, and GST filings for Owner approval
- Work-In-Progress (WIP)
- Maintain and update the WIP Master workbook and distribute it to Project Managers/PMAs
- Run the monthly WIP calculation process
- Prepare the list of open jobs and coordinate with PMAs to close completed jobs
- Close out work orders in preparation for monthly WIP revenue processing
- Accounts Payable & Accounts Receivable
- Supervise the Accounts Payable and Accounts Receivable Accountants
- Prepare the AP payment budget based on reconciled bank transactions and coordinate payment strategy
- Monitor corporate credit cards and flag balances approaching credit limits
- Draft the payment list and submit for CFO/Owner approval
- Set invoicing targets and work with Project Manager/PMA teams to achieve them
- Follow up on aged AR over 120 days
- Payroll
- Review timecards for accuracy and completeness prior to submission
- Submit timecards for approval and processing
- Post payroll journal entries and benefits invoices
- Respond to payroll-related questions from staff
- Bank Reconciliations & Cash Analysis
- Reconcile bank accounts on a monthly basis
- Review AP files and prepare a spreadsheet of upcoming payments for Owner review
- Monitor cash flow and support budgeting and forecasting activities
- Leadership & Controls
- Supervise and mentor the AP and AR Accountants, providing coaching and workload oversight
- Maintain and improve internal controls, accounting policies, and procedures
- Liaise with external accountants, auditors, and financial institutions as needed
- Support the CFO and Owner with ad hoc financial analysis and special projects
What We're Looking For
- 5–8 years of progressive accounting experience, including experience in a supervisory or management capacity
- Diploma or degree in Accounting, Finance, or a related field; CPA designation (or actively pursuing) is an asset
- Experience in construction, restoration, trades, or a project/job-costing environment is strongly preferred
- Comfort working with WIP reporting and job-costing processes
- Strong working knowledge of accounting software; experience with restoration-specific job management systems is an asset
- Solid understanding of Canadian GAAP, payroll compliance, and sales tax requirements (GST/PST, WCB, EHT)
- Advanced Excel skills and strong analytical ability
- Excellent communication skills, with the ability to present financial information clearly to ownership and leadership
- High attention to detail, strong organizational skills, and the ability to manage competing priorities
What We Offer
- Competitive salary of $80,000–$90,000, based on experience
- A direct reporting line to the CFO and Owner, with real influence over financial operations
- Leadership of the AP/AR team with room to shape processes
- A stable, growing local company with a strong reputation in the Okanagan
- Supportive, close-knit team environment
- #J-18808-Ljbffr
Accounting Manager in Kelowna employer: Chartered Professional Accountants of British Columbia
Camosun College is an exceptional employer that prioritizes the professional growth of its employees while fostering a collaborative and inclusive work culture. Located in the vibrant city of Victoria, BC, we offer competitive benefits and a commitment to transparency and accountability, ensuring that our team members are empowered to make impactful financial decisions that align with our educational mission. Join us in shaping a sustainable financial future for our institution and contribute to the success of our diverse community.
Contact Details:
Chartered Professional Accountants of British Columbia Recruitment Team
