Financial Accountant

Mississauga, ON, Canada

About CIMT College CIMT College is registered as a Private Career College under the Private Career Colleges Act, 2005 and is a member of Career Colleges Ontario and National Association of Career Colleges. Since 1998, CIMT College has been guiding and training both local and international students by providing them learning experiences that meet international standards and benchmarks. The college provides an opportunity for professional growth and development across the areas of technology, healthcare, business and management. Visit for more information and follow us on Instagram, Facebook and Linkedin Job Summary: The Financial Accountant would be responsible for general accounting, financial analysis, accounts payable and receivable function for CIMT College and all related companies.

This includes the management of revenue and sources of funding, student fees, responding to internal and external compliance requests including from government agencies, and all other related accounting responsibilities. The specialist ensures timely and accurate recording, payment, and receipt of all transactions and maintains a clear and organized general ledger of all accounts in QuickBooks. Duties and Responsibilities reflective but not all inclusive ● Manage and oversee all accounts receivable functions. ● Ensure timely and accurate billing of students fees, month end accruals and reconciliations. ● Monitor collections from various funding sources, including direct student payments, third-party funders, OSAP, and government agencies ● Communicate effectively with students and third parties regarding their accounts and payments. ● Ensure accurate and timely processing and payment of all vendor invoices. ● Record & monitor all expenses, accounts payables and resolve discrepancies in billing and payments ● Process, verify, and ensure approval from the appropriate department or individual. ● Prepare journal entries for period end for all involved entities, re-class of transactions, etc. ● Perform month end close procedures, reconciliations and roll forwards. Responsible for quarterly, interim and year-end accounting close processes ● Prepare quarterly P&L, balance sheet and cash flow reporting for CFO and CEO review ● Provide accounting and financial analysis support to CFO when required ● Able to file taxes and other payable to CRA ● Support external audit processes and requests ● Liaise with other departments and external entities to ensure clear communication regarding financial matters. ● Work closely with the CFO to ensure consistency and accuracy in financial processes and reporting.

Qualifications and Requirements : ● A Bachelor’s or Master’s degree in Accounting or equivalent with a solid understanding of accounting principles. ● Prior experience in accounting GAAP (ASPE and/or IFRS) ● Over 2 years of experience and strong proficiency in a computerized accounting environment, preferably QuickBooks, NetSuite,. ● Proficient with Microsoft Office applications including Excel (v-lookups, pivot tables). ● Detail-oriented and analytical mindset. ● Excellent verbal and written communication and interpersonal skills. ● Self-motivated, well-organized, team player capable of contributing to a busy business environment. ● Flexible and can quickly adapt to changing business needs and processes. ● Able to work in a fast-paced environment with strict deadlines. Computer Skills Required : ● Microsoft Office ● Familiarity/Expertise with Quickbooks and other accounting software. Key Performance Indicators (KPIs) ● Accuracy Rate: Percentage of transactions correctly recorded without need for later adjustments. ● Days Sales Outstanding (DSO): Average number of days taken to collect revenue after a sale has been made. ● Accounts Payable Turnover: Number of times per year that a business pays its average accounts payable. ● Invoice Processing Time: Average number of days from receiving an invoice to its payment. ● Percentage of Overdue Payments: Ratio of overdue payments to total payments due. ● Monthly Reconciliation: Number of discrepancies found during monthly reconciliations. ● Feedback from Internal and External Stakeholders: Level of satisfaction from both internal and external stakeholders on communication and problem resolution. Relationships : ● Works with: Operations Team, Campus Staff and CFO Working Conditions ● Will be provided with all necessary resources needed for day to day.

Compliance and Regulatory: ● Adhere to all CIMT College Policies and Procedures ● Comply with all regulatory standards as set out by the Ministry of Training for Colleges and Universities, and the PCC Act, 2005 Improving Efficiency of Campus Operations ● Follow all CIMT College Operations procedures Goals ● Maintain a 95% accuracy rate in all transaction recordings. ● Reduce account receivables aging by 20% over the fiscal year. ● Streamline invoice processing to ensure all payments are made within agreed-upon terms. ● Increase efficiency in the AR and AP department by implementing new procedures or technologies as required Authority ● To communicate with campus staff reading any changes in courseware or policy regarding the PCC Act or college policy Accessibility and Equal Employment Opportunity statement: CIMT college is an equal opportunity employer and is committed to fostering a diverse, inclusive, and accessible work environment. We value the unique skills and experiences each individual brings. We are pleased to consider all qualified applicants for employment regardless of, in particular, race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or other legally protected factors. CIMT College is committed to providing equal workplace opportunities and an inclusive environment for all candidates and current employees.

We believe and support barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require an accommodation (including, but not limited to, the application process, the interview location etc.) during the hiring process, please email our Human Resources department for further assistance and information. We thank all applicants in advance for their interest in this position. However, only those selected for an interview will be contacted by the Talent Acquisition Team J-18808-Ljbffr



Apply for this Job

To apply, please visit the following URL:→