Accounting Specialist

About Futurpreneur Canada

Futurpreneur is a national non-profit organization that empowers diverse entrepreneurs, ages 18-39 to start, buy and grow their businesses in Canada, by providing loans with mentorship and resources.

Futurpreneur was founded in 1996 and has helped more than 20,000 young entrepreneurs launch over 15,600 businesses, promoting entrepreneurship among Canadian youth as a pillar for strengthening the economy, generating employment opportunities, and fostering a sustainable future.

Futurpreneur is a founding member of the G20 Young Entrepreneurs’ Alliance
, the Canadian founding member of Youth Business International
, and the Canadian host of Global Entrepreneurship Week (GEW).

Our Purpose (why we exist):
To drive inclusive Canadian prosperity by fostering the success of young entrepreneurs

Our Mission (what we do every day to achieve our purpose):
To empower diverse entrepreneurs ages 18-39 by providing loans with mentorship and resources to help them start and buy successful businesses that contribute to sustainable and inclusive economic prosperity, in their communities and across Canada.

Our Values (how we work – our core principles & commitments):
We are mission-driven, collegial & collaborative, diverse & inclusive, and accountable & transparent.

Here’s the opportunity:

As the Accounting specialist
, you will work closely with the Director of Finance and be responsible for supporting the Finance & Loans team in processing accounting transactions and producing final reports to ensure efficient and accurate records are available for analysis. You will also strive for and produce clean audit results.

This is a full-time, permanent role based in Toronto, ON, with a hybrid work model (minimum 2 days in the office).

What you will do:

• Employee Expense Reports, Accounts Payable and HST Tax reporting
• Process invoices, ensure they are approved and coded correctly
• Issue payments (cheques/EFTs)
• Verify expense reports match all receipts submitted and are in line with expense policy
• Ensure proper tax calculations for GST/HST filing
• Ensure proper approval authority
• Prepare monthly GST/HST returns, Public Service Bodies' Rebate

Internal Stakeholder Support

• Communicate updated general ledger codes to internal stakeholders
• Provide information based on accounting software to internal stakeholders as required
• Expense submission training and support to users
• GL training and support to users
• Concur training and support to users

Annual Audit

• Assist Director Finance in preparing all detailed working papers and other supporting documentation for special engagements and audits

Payroll (as needed)

• Record payroll journal entry on a bi-weekly basis
• Review and record Manulife benefits from payroll journal entry
• Reconcile payroll accounts

Community Partner Fees

• Reconcile community partner fees based on activity level
• Process payments to community partners and manage inquiries based on payments

Cash and Investment Account Reconciliations

• Prepare investment, operating and loan cash account reconciliations by posting journal entries to accounting system; journal entries and cash account reconciliations; annual cash account reconciliations

Loan Portfolio

• Posting all loan journal entries to accounting system
• Reconcile Loan management system (TEA) and Business Central
• Perform Loan Accounts reconciliations on a monthly basis for Loan principal receivable, loan interest and fees receivable, loan interest and fees - revenue, loan write-off, write-off recovery
• Relevant experience may include education focused on Accounting, Business Administration or equivalent hands-on career experience. This role will provide a great learning experience for someone pursuing CPA designation
• 2+ years of experience in a finance administration and reconciliation role
• Advanced level Excel skills, including dynamic spreadsheets and pivot tables, intermediate level skills with other MS Office software
• 2+ years experience in a role that involved balancing and reconciling sub ledgers
• Demonstrated experience and knowledge of general ledger accounts and large amounts of data
• Demonstrated experience in supporting internal and external client needs
• Proven success working…