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Who is Grand & Toy?

For 140 years, Grand & Toy has partnered with customers to change the way Canadian businesses work and help them compete. And what we do for others, we do for ourselves. We’re a passionate team of diverse individuals who are focused on coming together to bring positive transformation to our customers and vendor partners by setting new standards for ourselves and our teams. We embrace transformation and innovate for customers and partners, and our employees as well. At Grand & Toy, you can be part of the change by learning and growing along with the business.

About the role

The Corporate Accountant’s role is to support the activities of the Finance department across a broad scope of areas. You will work with the Vendors, Supply Chain and other Business partners, and our Parent Company to maintain, coordinate, enforce and record financial activities and ensure control compliance.

What will I do?

General Accounting:

• Support the company’s Financial Close process including preparing entries, reviewing expenses to ensure completeness and accuracy for responsibility area, and supporting Finance Management to ensure all entries comply with policy and standards
• Back up to Accounting Manager for Financial Statement preparation (Power BI) and Close process
• Review, Reconcile, and provide analysis on assigned Balance sheet accounts monthly, including investigation and resolution of source issues. Identify Risks and present to Finance team quarterly.
• Responsible for Intercompany activities with parent and sister companies, working with other departments to validate charges, resolution of discrepancies, recording expenses, and confirmations. Develop processes and participate in Project teams relating to Intercompany Cross border activities such as Private brand and Customer Specific inventory, transfer pricing etc.
• Finance partner and solutionist for Sales, Supply Chain and Merchandising for all Sales and Margin discrepancies and financial adjustments including Accounting Standards process & policy guidance.
• Lease Accounting activities in accordance with FASB842, working with Parent company Lease Admin to properly record and report ROU Lease Obligations.

Inventory Accounting:

• Record Financial entries, analyze, and liaise with business partners regarding inventory valuation, including but not limited to: Product Aging and obsolescence reserves, Inventory Shrink, and Sales order Corrections and Cost adjustments impact on financials.
• Prepare periodic financial reports & commentaries, including balance sheet reconciliations and journal entries for all Inventory related activities
• Business partner to Sales and Supply Chain on guidance for Sales and Order Corrections to ensure special orders and adjustments align with accounting policies and standards.
• In collaboration with Supply Chain management and Loss Prevention, conduct annual physical counts, analyze and report results and Control risks, and record financial impact of variances.
• Partner with Pricing team to ensure accurate recording and collection of Vendor Bid Costs
• Process Improvement, Internal Control and Special Projects:
• Support Financial Controls by Reviewing, Documenting and Evaluating current Finance Inventory and other accounting processes and policies to ensure “best practices” are optimized and identify opportunities to streamline and improve existing practices and mitigate business risks.
• Participate in special projects and provide ad hoc financial analysis as required by the Finance group or business partners
• Work closely with the IT function to identify and implement system improvements and optimization

What qualifications do I need?

• Accounting Diploma or Degree
• CPA Designation or active student of CPA Accounting program (PEP/PREP level), preferred
• Minimum 3 years’ experience in accounting in a fast-paced, high volume environment
• Excellent communication skills, verbal and written
• Strong Excel skills a requirement; Power BI an Asset
• Exposure to AS-400 environment an asset
• Proven problem solving abilities, detail oriented and a quick learner.
• Organized, motivated and proactive self starter with a commitment to deadlines and accuracy.
• Proven ability to meet deadlines through multi tasking and “sense of urgency” task application

What we offer

Grand & Toy offers competitive wages and benefits packages based on education and experience. We provide a rewarding and challenging career along with growth and career advancement. We proudly provide comprehensive training for all new associates, along with incentives such as our associate/corporate discounts and rewards programs for management positions. Our corporate culture is team oriented, friendly and collaborative.

If this sounds like the job for you, we can’t wait to hear from you. We celebrate employment equity and diversity.

We are committed to providing accommodations for persons with disabilities. If you require accommodation, we will work with you to meet your needs.