Junior Accountant

MaRS Discovery District•Toronto, ON

1d•CA$55,000 - CA$62,000•Hybrid

About The Position

This is a permanent, full-time position. This job will be responsible for accounts receivable, general accounting processes and administrative duties for MaRS’ real estate assets and related businesses, including journal entries, month-end close and account reconciliations. Additionally, provide back up support for the accounts payable function, purchase order administration, and assist with preparation of the financial reports and annual budgets.

Requirements

Accounting diploma
1 years of experience in AR/AP and GL
Knowledge of accounting practices and processes
Collaborative and a team player
Ability to manage shifting priorities and function effectively under pressure
Superior analytical and problem-solving skills, with attention to detail
Applicants must be legally eligible to work in Canada, reside in Ontario and be willing to work out of our Toronto office (101 College Street) a minimum of 3 days per week.

Nice To Haves

University Degree in Finance, Accounting, or related field, and/or working towards a CPA designation
Experience in GL and account reconciliations

Responsibilities

Process cash receipts accurately and on a timely basis in accordance with cash application procedures
Monitor the AR inbox for remittances and inquiries, maintain accurate AR aging through offsetting adjustments and rent clearing entries, and prepare monthly management fee invoices and AR reconciliations
Assist with monthly financial reporting, including preparation of journal entries, accruals, supporting schedules, general ledger account reconciliations. Prepare monthly bank reconciliations and HST returns
Support purchase order administration process by monitoring the PO inbox and processing PO requests for approval through the Nexus Payables platform on a daily basis
Review and process employee expense reports, ensuring compliance with internal policies
Assist with the preparation of detailed annual budgets and re-forecast
Support the annual audit process through the preparation of schedules and supporting documentation within established deadlines
Provide backup support for Accounts Payable and assist the Property Accounting and Administration team with various financial and operational tasks, projects, and process improvements as required
Support MDEI team on business strategies and assist in developing new workflows and processes