General Accountant at Armo Tool Ltd
London, ON, Canada -
Full Time


Start Date

Immediate

Expiry Date

09 Nov, 25

Salary

60000.0

Posted On

09 Aug, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Accounting

Description

For over 50 years, Armo-Tool has been a family owned and operated business. Now in our third generation, we have earned a reputation built on providing complete “one-stop” precision tooling solutions, from the design stage to the beginning of production. Our over 50-year history of building long-term relationships with manufacturing companies throughout North America is based on a focus on service and repeatable quality.
While our industry does rely on continuous investment in precision machinery and design systems, our success depends on the unique skills, knowledge, and hard work of our employees. Their importance in achieving our mission is reflected in every aspect of our operation.
The General Accountant will play a crucial role in maintaining accurate financial records, preparing financial statements, ensuring compliance with accounting standards and regulations, and processing payroll. This role requires a proactive individual with strong analytical skills, attention to detail, and a comprehensive understanding of accounting principles. The General Accountant will report directly to the Corporate Controller and collaborate with cross-functional teams to ensure accurate financial data management and reporting.

Responsibilities

Payroll Processing:

  • Prepare and process bi-weekly payroll for employees, ensuring accurate calculation of wages, deductions, and benefits.
  • Verify timekeeping records and resolve any discrepancies in a timely manner. Stay updated on payroll laws and regulations to ensure compliance.

Financial Recording:

  • Maintain accurate and up-to-date financial records by recording transactions, reconciling accounts, and verifying discrepancies.
  • Ensure all financial data is entered into the accounting system accurately and promptly.

Financial Reporting:

  • Assist in the preparation of financial statements, reports, and analysis on a regular basis.
  • Provide accurate financial data to management for decision-making purposes.

Journal Entries

  • Prepare and post journal entries for various accounting transactions, including payroll, accruals, and adjustments.

Compliance

  • Ensure compliance with relevant accounting standards, tax regulations, and company policies. Assist in audits and provide necessary documentation and explanations as required.

Cross-functional Collaboration

  • Collaborate with HR, operations, and other departments to gather necessary information for accurate payroll processing and financial reporting.

Process Improvement

  • Identify opportunities for process improvements within the payroll and accounting functions. Propose and implement solutions to enhance efficiency and accuracy.
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