SUMMARY:

Reporting to the Controller, the Accounting Team Lead is responsible for providing support and assistance with all aspects of financial accounting of the assigned business unit. The Accounting Team Lead will ensure financial transactions are accurately recorded, compliance with regulations, and effective team management. This role involves supervising staff, streamlining processes, and collaborating with other departments to support the organization’s financial goals.

DIRECT REPORTS:

Accounting personnel

KEY RESPONSIBILITIES & DUTIES:

Oversees the daily functions of accounting operations, including accounts payable and receivable, in a multi-currency environment
Oversee the preparation of financial statements, ensuring accuracy and compliance with regulations and reporting requirements
Monitor and resolve batch posting issues in the applicable ERP
Reconciles financial accounts, including analyzing financial data
Prepare general ledger entries, complete state sales tax and GST analysis and remittances
Monitor accounts receivable and collections, maintain Fixed Assets Register
Prepare monthly depreciation schedule and entries
Complete monthly inventory reconciliations & analysis
Monitor internal controls to safeguard company assets
Prepare monthly, quarterly, and annual financial reports for management and stakeholders to provide a clear overview of the organization’s financial status
Prepare monthly statements for bank reporting and borrowing base calculations
Monitor Company’s compliance with bank covenant requirements
Complete month-end consolidations and variance analysis
Assist in budget preparation and variance analysis
Liaise with external auditors during financial audits
Monitor changes in accounting regulations and implement necessary adjustments
Supervise and mentor the accounting staff, providing training and support
Conduct performance evaluations and facilitate professional development opportunities
Undertakes special projects and conducts analysis as requested by senior management
Performs other duties outside their scope of work as assigned and required

QUALIFICATIONS & COMPENTENCIES:

Bachelor’s degree in Accounting, Finance, or a related field; CPA or CMA certification preferred
Minimum of 5 years’ of experience in financial management, with at least 2 years in a similar supervisory role
Strong knowledge of accounting principles, financial reporting, and regulatory compliance
Proficiency in financial software and systems (e.g., ERP systems, Excel)
Excellent leadership, communication, and interpersonal skills
Able to demonstrate logical thinking, problem solving and decision-making skills
Able to exercise sound judgment, is self-motivated, with the ability to prioritize key requirements in a fast-paced and demanding environment
Must be able to read, write and speak/understand English fluently

WORK ENVIRONMENT & PHYSICAL REQUIREMENTS:

This role is conducted in an office environment requiring some or all the following:

Prolonged periods of sitting at a desk or workstation
Repetitive hand and arm movements
Occasional lifting up to 20lbs may be required
Frequent reaching, grasping, pushing or pulling, bending or twisting motions
Walking short distances and standing for meetings or other office activities

Lithion Battery INC

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Accounting Team Lead