03 Nov
|
Magickwoods
|
Chennai
03 Nov
Magickwoods
Chennai
Position: ACCOUNTANT (CANADA OPERATIONS)
Location:
India
Experience:
5–10 years Reporting To: AGM – Finance & Accounts (India) Functional Coordination: Finance Controller – Canada Employment Type: Full-time 1. Role Overview We are looking for a hands-on Accountant – Canada Operations to manage accounting, reporting and assigned finance activities for Canadian entities from India, while coordinating with the India Accounting Team, US Accounting Team based in India, and Canada Finance team, including intercompany transactions. The candidate will initially work closely with the Finance Controller – Canada for training and transition and, after the transition, independently manage the assigned activities with limited support from the Canada Controller. The role requires strong accounting fundamentals, hands-on QuickBooks experience, month-end closing capability, financial reporting skills and the ability to coordinate effectively across India, US and Canada operations. 2.
Key Responsibilities
Accounting & Intercompany
• Manage day-to-day accounting for Canadian entities in QuickBooks, including GL, AP, expense claims, reconciliations and monthly book closure.
• Coordinate accounting entries, intercompany transactions and reconciliations between Canada, India and US entities.
• Coordinate with the India Accounting Team and US Accounting Team based in India to ensure accurate recording and reconciliation of intercompany receivables, payables, expenses, income and other cross-company transactions.
• Prepare monthly service, commission invoices, and maintain complete accounting records.
• Support customer portals, order entry, supply chain, and costing activities. Financial Reporting, Cash Flow & Budgeting
• Prepare monthly P&L;, Balance Sheet and Cash Flow for Canadian entities and MWC/MWEPL monthly reports for submission to the India finance team for consolidation.
• Coordinate financial information and reporting requirements with the relevant India and US accounting teams.
• Monitor cash flow, working capital, receivables, payables and operating expenses.
• Assist with annual budgets, forecasts and budget-versus-actual analysis.
• Communicate financial performance, key variances and improvement opportunities to management. Audit, Tax & Compliance
• Coordinate external audits and prepare audit schedules, reconciliations and supporting documents.
• Prepare/support GST/HST, EHT, WSIB, source deductions, T4, T4A, T1 and T2-related workings and statutory requirements.
• Coordinate with the Canada Controller and external tax advisors on filings, remittances and tax/audit queries.
• Support CRA and other compliance matters that can be handled remotely and monitor legal/regulatory compliance. Commercial & Management Support
• Support vendor/customer agreement reviews from a financial perspective.
• Support commercial, liability and product liability insurance, COIs and insurance claims.
• Maintain employee benefits/health insurance information.
• Provide financial information and analysis to management and support pricing, costing and supply-chain requirements.
• Identify process, control and efficiency improvements. 3. Company Secretarial – Canada Support the Canada Controller in the following Company Secretarial and corporate governance activities:
• Maintain corporate records, including hard-copy records maintained in Canada.
• Support statutory filings with the Ministry of Government and Consumer Services and CRA, where local access/authorization is required.
• Coordinate and liaise with auditors, lawyers, tax advisors and bankers on governance and company secretarial matters.
• Support trademark applications and Master Business License matters.
• Coordinate preparation of corporate information and documentation required for signatures, notarization, authentication, attestation and other corporate formalities, where applicable. 4. Transition & Coordination
• Work closely with the Finance Controller – Canada during the initial transition and training period.
• Understand and document existing processes, accounting systems, reporting requirements and controls.
• Prepare and maintain SOPs, accounting checklists and process documentation.
• Take independent ownership of the assigned activities after transition.
• Coordinate with the India Accounting Team, US Accounting Team based in India and Canada Finance team on accounting, intercompany transactions, reconciliations, reporting and resolution of accounting issues.
• Escalate matters requiring local/Canada support and ensure timely completion of assigned activities. 5. Qualifications & Skills
• Bachelor’s degree in commerce, Accounting, Finance or related discipline.
• 5–10 years relevant accounting/finance experience.
• Hands-on QuickBooks experience is required, including accounting entries, GL, AP, reconciliations, and month-end closing.
• Experience in intercompany accounting and reconciliation across multiple entities/countries preferred.
• Robust Excel, accounting, and financial reporting skills.
• International/North American accounting exposure preferred.
• Good English communication and ability to coordinate across India/US/Canada time zones.
• CA Inter, CMA Inter, MBA Finance or equivalent is an advantage.
• Strong ownership, attention to detail and ability to work independently after transition.
📌 Accountant (Canada Operations) (Chennai)
🏢 Magickwoods
📍 Chennai