Job Summary

We are seeking a detail-oriented and analytical Junior Controller to support the company's financial operations across its automotive sales, vehicle export, and trading businesses.

Reporting to the Controller or Finance Manager, the Junior Controller will be responsible for the day-to-day accounting and financial reporting of assigned legal entities. Key responsibilities include month-end and year-end closing, general ledger maintenance, accounts payable and receivable management, inventory accounting, cost control, budgeting, tax compliance, and coordination with external auditors.

The successful candidate will ensure the accuracy and integrity of accounting records, maintain appropriate supporting documentation, and provide timely and reliable financial information to support business operations and management decision-making.

The ideal candidate has a solid accounting background, strong Microsoft Excel skills, hands-on experience with full-cycle accounting and month-end closing, and the ability to work independently in a fast-paced business environment.

Key Responsibilities

1. Month-End Closing and Financial Reporting

- Manage assigned month-end and year-end closing activities to ensure financial records are complete, accurate, and recorded in the appropriate reporting period.
- Prepare and post journal entries, including accruals, prepayments, and adjusting entries, as required.
- Prepare monthly financial statements, management reports, and supporting schedules for assigned entities.
- Review general ledger accounts and investigate unusual balances, discrepancies, or unexpected fluctuations.
- Maintain complete and accurate supporting documentation for accounting transactions.
- Prepare financial summaries and reports for management review and follow up on identified issues.

2. Account Reconciliation and General Accounting

- Review bank reconciliations, balance sheet reconciliations, and general ledger accounts.
- Investigate and resolve discrepancies between accounting records, bank statements, and supporting documentation.
- Review transactions for accuracy, completeness, and appropriate account classification.
- Maintain organized accounting records, reconciliation schedules, and supporting documentation.
- Ensure compliance with established accounting policies, procedures, and internal controls.

3. Inventory Accounting and Cost Control

- Reconcile vehicle inventory records with the general ledger and investigate discrepancies to ensure the accuracy and completeness of inventory balances.
- Review and verify vehicle inventory transactions, including purchases, sales, transfers, and related accounting entries.
- Track and reconcile vehicle acquisition costs, transportation expenses, and other costs associated with vehicle inventory to ensure accurate cost allocation.
- Investigate inventory discrepancies and coordinate with relevant departments to identify root causes and implement appropriate resolutions.




- Assist with inventory valuation, cost of sales calculations, and inventory-related financial reporting.
- Conduct periodic inventory reviews and reconciliations, ensuring appropriate supporting documentation is maintained.
- Monitor inventory-related costs and identify unusual variances or potential errors in cost allocation and recording.

4. Accounts Payable, Accounts Receivable, and Expense Management

- Review vendor invoices and supporting documentation to ensure accurate coding, appropriate approval, and timely processing.
- Monitor accounts payable and receivable balances and follow up on outstanding items.
- Reconcile vendor and customer statements and investigate discrepancies or unresolved balances.
- Investigate long-outstanding accounts receivable and payable balances and coordinate with relevant departments to resolve outstanding issues.
- Review expenses to ensure transactions are properly supported, approved, and recorded in the correct accounting period.
- Communicate with vendors, customers, and internal departments to resolve invoice, collection, and payment issues.

5. Budgeting and Financial Analysis

- Assist with the preparation of annual budgets, forecasts, and periodic financial projections.
- Compare actual financial results against budgets, forecasts, and prior periods, identifying significant variances for further analysis.
- Prepare financial analyses and supporting schedules to explain changes in revenue, expenses, and profitability.
- Compile financial and operational data to support management reporting and business decision-making.
- Monitor expenses and identify unusual trends, potential risks, and cost-saving opportunities.

6. Tax Compliance and Regulatory Reporting

- Assist with the preparation of supporting schedules and information required for applicable tax filings and remittances, including GST/HST and other relevant taxes.
- Reconcile tax-related general ledger accounts and investigate discrepancies.
- Maintain accurate records and supporting documentation for tax reporting and compliance purposes.
- Gather financial information required for corporate income tax filings and other regulatory reporting.
- Support the Controller or Finance Manager in monitoring applicable tax compliance requirements and filing deadlines.

7. Audit and Year-End Support

- Coordinate and assist with year-end financial reporting and external audit or review engagement preparation.
- Prepare audit schedules, account reconciliations, and supporting documentation requested by external auditors.




- Respond to routine audit inquiries and coordinate the collection of required financial records.
- Follow up on audit adjustments and findings, and assist with implementing improvements to accounting procedures as directed by senior finance personnel.
- Maintain organized and readily accessible financial records to support audit readiness and compliance.

8. Process Improvement and Other Responsibilities

- Identify opportunities to improve accounting processes, reporting accuracy, internal controls, and operational efficiency.
- Collaborate with other departments to obtain financial information, investigate discrepancies, and resolve accounting-related issues.
- Assist the Controller or Finance Manager with ad hoc financial reports, accounting projects, and special assignments.
- Perform other accounting and finance-related duties as required.

Skills and Qualifications

- Bachelor's degree in Accounting, Finance, or a related field.
- CPA designation or progress toward obtaining a CPA designation is preferred.
- Previous experience in accounting, financial reporting, or a related finance role.
- Solid knowledge of accounting principles, general ledger accounting, and financial reporting practices.
- Hands-on experience with full-cycle accounting and month-end closing processes.
- Solid Microsoft Excel skills, including formulas, sorting, filtering, pivot tables, and data reconciliation.
- Strong analytical and problem-solving skills, with the ability to investigate discrepancies and interpret financial information.
- Excellent attention to detail and a high level of accuracy when handling financial data.
- Strong organizational and time-management skills, with the ability to manage multiple priorities and meet reporting deadlines.
- Good written and verbal communication skills, with the ability to work effectively with internal departments and external business partners.
- Ability to work independently, take ownership of assigned entities, and collaborate effectively with the Controller or Finance Manager.
- High level of professionalism, integrity, and discretion when handling confidential financial information.
- Experience in automotive sales, vehicle trading, vehicle exports, or other inventory-based businesses is an asset.

Reporting Relationship The Junior Controller reports directly to the Controller or Finance Manager and is responsible for the accounting, financial reporting, and analysis of assigned entities. The position is expected to independently manage assigned accounting tasks, ensure the accuracy and completeness of financial records, and meet established reporting deadlines while working under the guidance and review of senior finance personnel.

Pay: $80,000.00-$95,000.00 per year

Benefits

- Dental care
- Extended health care
- Life insurance
- Paid time off
- Vision care

Education:
- Bachelor's Degree (preferred)

Experience:
- Full Cycle accounting: 3 years (preferred)

Work Location: In person

📌 Junior Controller (Scarborough)
🏢 Scottfield Properties
📍 Scarborough