Offer summary

Qualifications:

Proficiency in QuickBooks Online with at least 2 years of bookkeeping experience., Strong attention to detail to ensure accuracy in financial records., Experience in retail accounting, including sales transactions and inventory management., Effective communication and collaboration skills to work with the team and external professionals..

Key responsibilities:

Ensure accurate tax filings and manage financial implications of closing the previous company.

Provide comprehensive bookkeeping support for the new entity, including accounts receivable and payable.

Prepare financial statements and reports, and collaborate with the accounting team for audits.

Record daily financial transactions and maintain systematic records of financial documents.

Job description

This is a remote position.

Schedule:

40 hours per week, Mon-Friday (Flexible anytime with at least 2 hours overlap duing business hours)

Client Timezone: Mountain Time

Client Overview

This rapidly growing cannabis retail business is expanding across new markets. With multiple locations already established, they are well-positioned for continued success in this thriving industry. An exciting opportunity to join a dynamic company at the forefront of an evolving market.

Job Description

Play a vital role in ensuring accurate financial records as this company transitions from their previous operating entity to a new corporate structure. You’ll reconcile books for the former company up to June 2022, properly account for tax liabilities and losses to carry forward, and provide ongoing bookkeeping support for the new entity. A chance to showcase your expertise during an exciting transition period.

Responsibilities

Ensure precise tax filings (GST/HST, income tax, etc.) for the former company
Accurately account for losses to carry forward to the new operating company
Manage financial implications of closing the previous company
Provide comprehensive bookkeeping for the new company
Maintain accounts receivable, accounts payable, and bank reconciliations
Prepare financial statements and reports as required
Collaborate effectively with external tax professionals

Accurately record daily financial transactions and complete the posting process.
Generate, send, and follow up on invoices.
Reconcile financial discrepancies by collecting and analyzing account information.
Maintain a systematic record of financial documents and ensure they are up-to-date.
Process accounts receivable/payable and handle payroll efficiently.
Prepare monthly, quarterly, and annual financial statements.
Collaborate with the accounting team to prepare for audits and other financial reviews.
Stay updated with financial policies, regulations, and legislation.

Requirements

Proficiency in QuickBooks Online: The candidate should have strong expertise in using QuickBooks Online for managing financial transactions and records.
Comprehensive Bookkeeping Skills: Minimum 2 years’ bookkeeping experience. Must have a solid foundation in all areas of bookkeeping, including recording, categorizing, and reconciling financial transactions, not just invoicing or one specific aspect. Can handle the entire bookkeeping process.
Attention to Detail: Precision and attention to detail are crucial to avoid errors and discrepancies in financial records.
Retail Accounting Experience: Experience with accounting for retail businesses is essential, including handling sales transactions, inventory management, and customer accounts.
Immediate Availability: someone who can start immediately to ensure there is no gap in the financial management.
Familiarity with Other Accounting Software and Tools: Knowledge of ERP systems, Microsoft Office, Google Workspace, and other relevant tools will be a plus.
Strong Communication and Collaboration Skills: The candidate should be able to communicate effectively and collaborate with our team to ensure smooth operations.
Problem-Solving Skills and Automation Focus: The ability to solve problems efficiently and leverage automation to reduce manual labor will be highly beneficial.