Senior Financial Analyst, Operational Accounting

at  Tonal

Location
Toronto, ON
Type
Full time
Department
G&A
Accounting
Compensation
CA$80K – CA$105K • Offers Equity
We take into consideration an individual’s background, experience, and location in determining their salary. This role is also eligible for health insurance, retirement savings benefits, life insurance and disability benefits, flexible paid time off, parental leave, and other additional benefits.

WHO WE ARE

Tonal is the smartest home gym and personal trainer. It has completely revolutionized the way people work out at home, with its sleek design and advanced A.I. technology. We’ve united a diverse team of experts and decades of research to reinvent strength training, making it more efficient, more effective and more engaging.
With this in mind, we want to bring that same innovative approach to the workplace. At Tonal, we continue our shift of emphasis by growing our instrumental team. We collectively weave our knowledge and creativity, as we redefine the future of fitness. We are passionate about building products that transform lives, and building teams that transform the status quo. Together, we can be our strongest.

OVERVIEW

We are seeking a detail-oriented and analytical Senior Financial Analyst of operational accounting to join our accounting team. The ideal candidate will be responsible for managing and analyzing all related financial data as it pertains to Inventory, Cost Accounting, Accounts Payable and Accounts receivable, ensuring accuracy and supporting the financial reporting process. This role is crucial in maintaining the integrity of our financial statements, with an emphasis on Inventory Management and Cost Accounting, and providing valuable insights to senior leadership.

WHO YOU ARE

• Education: Bachelor’s degree in accounting, Finance, Business Administration, or a related field. Advanced degree (e.g., MBA, MSF) or certification (e.g., CPA, CMA) is preferred.
• Experience: Minimum of 3-4 years of experience in financial analysis with a focus on inventory management. Previous experience in a senior financial analyst role is highly desirable.
• Skills
• Strong understanding of inventory accounting principles and practices.
• Proficiency in accounting software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Excellent analytical and problem-solving skills.
• Attention to detail and high level of accuracy.
• Ability to manage multiple tasks and meet deadlines.
• Strong communication skills and ability to work collaboratively with cross-functional teams.
  At Tonal, we believe that the unique and varied lived experiences of our teammates contribute to our overall strength. We don’t just appreciate differences, we celebrate them, and we always seek people that represent a wide variety of backgrounds. We’re dedicated to adding new perspectives to the team and designing employee experiences that contribute to your growth as much as you do to ours. If your experience aligns with what we’re looking for (even if you don’t check every single box), send us your application. We would love to hear from you!
  Tonal is committed to meeting the diverse needs of people with disabilities in a timely manner that is consistent with the principles of independence, dignity, integration, and equality of opportunity. Should you have any accommodation requests, please reach out to us via our confidential email, accessibility@tonal.com. All requests will be addressed and responded to in accordance with Tonal’s Accessibility Policy and local legislation.

• Analysis on all inventory both domestically and at 3PL locations internationally. Understand driving activities and provide analytics to assist management
• Work in conjunction with operations team at Month end to ensure accuracy on Inventory on hand, proactively identifying variance and formulating solutions to resolve in a collaboratively manner
• Ability to identify inefficiencies and weakness in process controls across operational areas, and working with cross functional teams to develop, test, and implement changes that are scalable and in compliance with accounting standards
• Responsible for the monthly review of both the Customer and Supplier aging report, investigating aged items and following through with relevant departments/personnel for resolution.
• Collaborated with offshore accounting team, ensuring compliance and periodic review of processes to maintain the integrity of the organization’s financials
• Working in tandem with logistics team, participate in and document the annual physical count across network and communicate findings to external auditors