About the Opportunity
AscendRev Corp. is seeking detail-oriented, reliable, and analytical Accountants / Bookkeepers to support our clients’ accounting and financial operations. This opportunity is ideal for accounting professionals who have a solid foundation in accounting principles, practical experience managing financial records, and a strong commitment to accuracy, accountability, and confidentiality.
Successful candidates will help maintain accurate financial records, support day-to-day accounting activities, reconcile accounts, prepare financial reports, and ensure that financial transactions are properly documented and recorded.
We are looking for professionals who can work independently, manage competing priorities, meet deadlines, and contribute to the efficiency and reliability of our clients’ financial operations.
Important eligibility requirements: Applicants must be accounting graduates with a minimum of two years of relevant accounting experience. A CPA designation is strongly preferred.
Key Responsibilities
1. General Accounting and Bookkeeping
- Maintain accurate, complete, and up-to-date financial records.
- Record daily financial transactions, including accounts payable, accounts receivable, expenses, deposits, and journal entries.
- Maintain and update general ledger accounts and supporting schedules.
- Ensure transactions are coded correctly to the appropriate accounts, departments, projects, or cost centres.
- Prepare and post journal entries, including accruals, prepayments, adjustments, and recurring entries, as required.
- Maintain organized accounting documentation and ensure transactions are supported by appropriate records.
- Investigate discrepancies and resolve accounting issues promptly.
2. Accounts Payable
- Process vendor invoices, expense claims, and payment requests accurately and within established timelines.
- Verify invoices against purchase orders, contracts, receipts, or other supporting documentation, where applicable.
- Reconcile vendor statements and investigate outstanding balances or discrepancies.
- Prepare payment runs and assist with electronic funds transfers, cheque payments, and other approved payment methods.
- Monitor payment due dates and support effective cash flow management.
- Maintain accurate vendor records and respond to supplier inquiries professionally.
3. Accounts Receivable and Collections Support
- Prepare and issue customer invoices, statements, and credit notes as required.
- Record incoming payments and allocate receipts to the appropriate customer accounts.
- Monitor outstanding receivables and follow up on overdue balances.
- Investigate payment discrepancies, unapplied receipts, and customer account issues.
- Assist with customer account reconciliations and aging reports.
- Communicate professionally with customers and internal stakeholders to resolve billing and payment matters.
- Escalate overdue or disputed accounts according to established procedures.
4. Bank and Account Reconciliations
- Perform regular bank, credit card, general ledger, and balance sheet account reconciliations.
- Investigate and resolve differences between accounting records, bank statements, and supporting documents.
- Reconcile accounts payable and accounts receivable subledgers to the general ledger.
- Identify unusual transactions, duplicate entries, missing documentation, and potential errors.
- Maintain reconciliation schedules and supporting documentation for review and audit purposes.
5. Financial Reporting and Month-End Support
- Assist with monthly, quarterly, and year-end closing activities.
- Prepare trial balances, account schedules, aging reports, expense summaries, and other financial reports.
- Support the preparation of income statements, balance sheets, and cash flow reports.
- Review account balances for accuracy, completeness, and unusual fluctuations.
- Prepare supporting schedules and documentation for management reporting.
- Ensure accounting records are maintained in accordance with applicable accounting standards and the client’s internal policies.
6. Tax, Compliance, and Audit Support
- Assist with the preparation and organization of documentation required for GST/HST filings and other applicable tax reporting.
- Maintain accurate records of taxable transactions and supporting receipts.
- Support external accountants, auditors, and tax professionals by preparing schedules and responding to information requests.
- Assist with year-end documentation, working papers, and audit preparation.
- Follow applicable accounting requirements, internal controls, confidentiality standards, and document-retention procedures.
- Identify potential control weaknesses or recurring accounting issues and recommend improvements.
7. Financial Administration and Process Improvement
- Maintain well-organized digital accounting files and financial records.
- Support expense tracking, budget monitoring, and basic financial analysis as required.
- Assist with payroll-related accounting entries and reconciliations where applicable.
- Identify opportunities to improve bookkeeping processes, reporting accuracy, and workflow efficiency.
- Maintain clear communication with management and other departments regarding outstanding financial items.
- Perform other accounting and bookkeeping duties consistent with the role and the client’s operational requirements.
Mandatory Qualifications
Applicants must meet all of the following minimum requirements:
- Education: Graduate of an accounting program, such as a diploma or degree in Accounting, Accountancy, or a closely related accounting discipline.
- Experience: Minimum of two years of relevant, hands-on accounting experience. This is a mandatory requirement.
- Accounting knowledge: Demonstrated understanding of bookkeeping principles, double-entry accounting, general ledger maintenance, reconciliations, accounts payable, and accounts receivable.
- Accounting software: Practical experience using accounting software such as QuickBooks, Xero, Sage, or comparable accounting platforms.
- Spreadsheet skills: Proficiency in Microsoft Excel or Google Sheets, including formulas, data organization, reconciliations, and financial reporting.
- Accuracy: Strong attention to detail and the ability to identify errors, discrepancies, and incomplete documentation.
- Organization: Ability to manage multiple accounts, deadlines, and recurring financial tasks while maintaining accurate records.
- Communication: Strong written and verbal communication skills, with the ability to communicate professionally with vendors, customers, colleagues, and management.
- Confidentiality: Demonstrated discretion when handling financial information, customer records, banking details, and other confidential business information.
- Accountability: A proactive approach to problem-solving, follow-through, and meeting deadlines.
Applicants without an accounting-related educational qualification or the required minimum two years of relevant accounting experience will not meet the minimum requirements for this position.