Job Specifications
Job Title: Financial Accountant
Company: Solen Software Group
Location: Toronto, Canada
Type: Full-time
About Solen Software Group: Solen Software Group is an evergreen holding company that acquires and operates proven software businesses that have significant growth potential in a variety of vertical markets, enabling them to be market leaders in their niche industry. Solen owns several software companies in various market spaces: Human Resource Technology, Fleet Telematics, Asset Management, E-Health, Document Management, and other innovative software solutions in a variety of industries. Solen is backed by a group of advisors and investors that have built software businesses of material scale (10-100M in ARR) and advised many.
About the role: As an Accountant you will play a crucial role in managing the day-to-day bookkeeping, month-end close, and financial operations of our companies. Your primary responsibility will be to ensure the accuracy and timeliness of our financial records by following consistent and efficient bookkeeping processes. With your expertise in accrual accounting and GAAP or IFRS standards, you will contribute to improved decision-making and help us achieve our strategic objectives.
The successful candidate will work from Solen's offices in Toronto.
Key Responsibilities
Execute day-to-day accrual accounting functions, including the preparation of financial statements and reports with a strong emphasis on accuracy and timeliness.
Perform regular audits of financial records to identify discrepancies promptly and ensure both accuracy and timeliness.
Maintain up-to-date and precise records of all financial transactions, such as deferred revenue, accounts payable and receivable, general ledger entries, and bank reconciliations, ensuring both accuracy and timeliness.
Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements, delivering them on schedule with high accuracy.
Ensure compliance with accounting standards and regulations, such as GAAP and IFRS, in a timely manner.
Manage the payroll process and maintain accurate employee records, ensuring both accuracy and timely updates.
Collaborate with external auditors and other financial professionals as necessary, providing them with accurate and timely information.
Provide ad-hoc financial analysis and support as required, delivering accurate and timely insights.
Specific Measures Of Success – Expected Outcomes
Perform weekly or bi-monthly reconciliations and updates for receivables and payables accurately and in a timely manner.
Account for and reconcile prepaid and accrued line items related to invoicing and payments with accuracy and timeliness.
Track salaries, payroll taxes, and employee expense reimbursements accurately and in a timely manner.
Maintain accurate records of recurring revenue and update the books accordingly for deferred revenue, ensuring both accuracy and timeliness.
Ensure accurate month-end close by closing the books prior to or on the 30th of each month with accuracy and timeliness.
Deliver financial statements for the previous month by the 3rd of the upcoming month, ensuring accuracy and timeliness.
Key Requirements
Strong knowledge of accounting principles, practices, and procedures, including GAAP and IFRS, with a focus on accuracy and timeliness.
Proficiency in MS Excel, Google Sheets, and accounting software such as Xero, Zoho, and QuickBooks
Solid conceptual understanding of accrual accounting principles, applying them accurately and in a timely manner.
Familiarity with accounting procedures for M&A and the consolidation of financial statements with accuracy and timeliness.
Excellent analytical and problem-solving skills, responding promptly with accurate and timely solutions.
Effective communication and interpersonal abilities to ensure accurate and timely collaboration.
Exceptional attention to detail and accuracy, while maintaining speed and timeliness.
ACA/ACCA/CPA/CIMA or equivalent qualification.
2-3 years of experience in bookkeeping, accounting, or finance, preferably in a B2B SaaS environment, emphasizing accuracy and timeliness.
Equal Opportunity and Advancement Statement
Solen Software Group is a performance-oriented organisation that values career advancement, internal development, and transparent practices. We are an equal opportunity employer and are committed to creating an inclusive, welcoming environment for all team members.
We do not discriminate on the basis of race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or any other legally protected status. All qualified applicants will receive consideration for employment without regard to any of these characteristics.
Recruitment Disclaimer
Solen Software Group will never request payment, banking information, or other sensitive personal or financial details during any stage of the rec