Position Summary:

Reporting to the Finance Manager based in Chicago, the Senior Accountant is responsible for ensuring the accuracy, integrity, and timeliness of financial reporting for Olde Thompson. This role will lead key aspects of the month-end close process and support financial reporting for the Olde Thompson business across all manufacturing locations (4 plants - 3 US based and 1 in Vietnam). This position is based in Toronto, Canada. This is a full-time, On-site role.

The Senior Accountant will play a critical role in maintaining strong internal controls, supporting audit and compliance requirements, and partnering with cross-functional teams to improve financial processes and reporting accuracy. This position requires a high level of ownership, technical accounting expertise, and the ability to operate effectively in a fast-paced, multi-entity environment.

Position Responsibilities:

Accounting Hygiene & Fundamentals

• Maintain a strong understanding of core balance sheet accounts, including prepaids, accruals, deposits, and deferred items, ensuring accurate classification, amortization, and cutoff
• Ensure proper accounting and reconciliation of lease-related balances, including right-of-use (ROU) assets and associated liabilities
• Apply consistent and accurate cutoff practices for revenue, expenses, and liabilities across reporting periods
• Ensure all balance sheet accounts are supported by clear, audit-ready documentation with appropriate aging, roll forwards, and explanations of reconciling items
• Identify, investigate, and resolve aged or unusual balances in a timely manner, escalating issues where appropriate
• Maintain discipline around journal entry preparation, including proper support, review, and adherence to internal controls
• Ensure subledger-to-general ledger integrity across key cycles (AR, AP, inventory, fixed assets)
• Maintain consistency in accounting treatment and proactively identify areas requiring policy clarification or improvement
• Support a clean and efficient close process by minimizing post-close adjustments and rework
• Demonstrate ownership of data accuracy within the ERP environment and ensure transactions are recorded in the correct period and accounts

Close & Financial Reporting

• Lead assigned components of the monthly, quarterly, and annual close process, including journal entries, accruals, and account reconciliations
• Own balance sheet accounts, ensuring completeness, accuracy, and timely reconciliation with appropriate supporting documentation
• Perform detailed variance analysis (P&L, balance sheet, WC, and FC) and provide clear, actionable explanations to management
• Support preparation and submission of monthly group reporting packages, including trial balance mapping, intercompany reporting, and consolidation inputs

Accounts Receivable, Payable & Financial Risk

• Oversee AR and AP-related accounting activities with a focus on accuracy, cutoff, and financial risk mitigation.
• Review aging reports and assess collectability of receivables; support bad debt reserve analysis & review for deteriorating debt or proper escalation processes around risk of aging.
• Monitor AP aging and payment cycles to ensure appropriate liability recognition and cash management
• Work will off-shore teams for AR and AP to evaluate and strengthen internal controls around invoicing, collections, vendor payments, and approvals
• Monitor and account for factoring and supplier financing programs
• Identify risks related to credit exposure, vendor concentration, and liquidity, and escalate as needed

Property, Plant & Equipment (PP&E) and Lease Accounting

• Maintain and reconcile fixed asset subledger, including additions, disposals, transfers, and depreciation
• Ensure proper capitalization of assets in accordance with accounting policies
• Review and validate capital expenditure (CapEx) projects and related accounting treatment
• Account for leases, including Right-of-Use (ROU) assets and lease liabilities, in accordance with IFRS 16
• Prepare and review lease schedules, amortization, and related disclosures
• Ensure accuracy of asset valuations and support periodic impairment assessments

Inventory, Controls & Compliance

• Support inventory accounting, including variance analysis, NRV and reserves assessments
• Understand inventory write off processes and management of obsolete inventory and related reporting.

Ad-hoc needs

• Support tax-related activities, including property tax, sales/use tax, 1099
• EPR reporting preparation as required
• Budget support
• Review of overheads reporting and liaising with departmental heads
• Purchase order mapping for accuracy of overheads reporting
• Identify and implement process improvements, including automation and standardization initiatives
• Occasional travel to Oxnard or NJ on a need basis.
• Ad hoc support as required

Position Requirements:

• Bachelor's degree in Accounting or Finance required
• Minimum of five (5) years of progressive accounting experience
• Strong knowledge of accounting principles and financial reporting standards (IFRS)
• Experience with ERP systems such as SAP ERP would be an asset (Plex is our ERP and training support would be provided)
• Advanced Microsoft Excel skills, including pivot tables, lookups, data analysis
• CPA or CPA-eligible preferred
• Experience in manufacturing, food industry, or inventory-heavy environment is preferred
• Strong analytical, problem-solving, and organizational skills
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment
• Excellent interpersonal and communication skills, with the ability to collaborate across teams and geographies

The pay for this role ranges from $75,000 - $95,000 annually and is based on the position responsibilities and geographic location. Actual pay within this range may be determined based on the candidate's experience, qualifications, and/or other determining factors.

Performance-based Bonuses: Discretionary bonus rewarding company performance as well as your contributions and impact, for eligible roles.

Comprehensive Benefits: Coverage for you (and your eligible dependents) with plans designed for peace of mind and savings for the future.

A Culture of Well-being: Paid time off, access toevents, resources, and learning opportunities that inspire a physical, social, emotional, and financial well-being for you and your family.

Additional Perks That Make a Difference:

• Vacation time from Day 1 - Your time off starts accruing immediately, growing with your tenure.

• Paid Sick Leave - Rest, recover, and return strong - with paid sick leave on ofi.
• Company Paid Holidays - ofi values work-life balance and the importance of celebrating life's special moments.

• Company Pension Plan - Invest in your future with our competitive Pension Plan.
  • Career Growth & Learning - Join a company committed to developing talent, fostering innovation, and creating meaningful opportunities.

Note: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

This posting is to fill an existing vacancy.