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Accounting Manager

Innovative Beauty GroupMississauga, Ontario, Canada
On-site Full-time CA$90K/yr - CA$110K/yr

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Experience Level

Manager

Qualifications

Qualifications:Bachelor’s degree in Accounting, Finance, or a related field. Minimum 5 years of experience in accounting, preferably in a managerial role. Strong knowledge of GAAP/IFRS and financial reporting standards. Proficient in financial software, preferably NetSuite and OneStream. Excellent analytical and problem-solving skills. Demonstrated leadership ability and strong communication skills. Experience with audits and compliance processes.

About the job

Join Our Team at Innovative Beauty Group!

At IBG, we redefine beauty by serving as a global one-stop shop for our clients. With a team of over 300 dedicated professionals across 13 locations worldwide, we collaborate closely with our partners to bring their beauty visions to reality.

Specializing in turnkey solutions, private label offerings, and packaging within the beauty sector, IBG North America is committed to elevating the brands we support through innovative concepts and strategic insights.

We are seeking an Accounting Manager to lead our dynamic Accounting Team. This pivotal role involves managing daily operations, including Accounts Payable (AP), Accounts Receivable (AR), and General Accounting, while ensuring compliance with GAAP/IFRS and delivering precise financial reporting.

Key Responsibilities:

  • Oversee month-end closing processes, ensuring timely submission of financial data (P&L, B/S, Cash Flow, Intercompany Charges) using OneStream.
  • Assist the Business Unit Controller in validating financial statements and generating comprehensive monthly reports while reconciling intercompany balances.
  • Prepare detailed variance analyses comparing Actuals, Forecasts, and Budget P&L.
  • Conduct thorough monthly balance sheet reviews and identify reconciliation gaps.
  • Support the preparation of annual P&L and Balance Sheet budgets.
  • Manage Fixed Assets within NetSuite.
  • Participate in internal and external audits, collaborating with auditors and providing necessary documentation.
  • Oversee monthly statutory Sales Tax filings (HST, UK & AUD VAT) and WSIB.
  • Supervise daily accounting tasks, including AP and AR operations, and conduct weekly reviews with teams.
  • Review and approve vendor bills and journal entries in NetSuite.
  • Liaise with Factoring for weekly cash submissions and reconciliations.
  • Monitor cash balances to ensure operational liquidity.
  • Ensure consistency between OneStream and NetSuite reporting tools, addressing any system issues in collaboration with IT and Finance.
  • Build and maintain strong relationships with both internal and external stakeholders.
  • Provide management support and financial insights as needed.

About Innovative Beauty Group

Innovative Beauty Group (IBG) is a forward-thinking leader in the beauty industry, offering comprehensive solutions that empower brands and retailers globally. Our commitment to innovation and excellence drives us to deliver outstanding products and services that meet the evolving needs of our partners.

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