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Director of Finance - 6 month contract

Vaco by Highspring
Toronto, OntarioOn-siteYesterday
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About this role

This is a 6 month contract with permanent potential at the end of the contract About the Opportunity Revenue Recognition: • Lead the revenue recognition process in accordance with [GAAP/IFRS] and industry best practices. • Oversee monthly and quarterly revenue close processes, ensuring accurate reporting of sales, commissions, and related costs. • Ensure alignment between revenue recognition, commission structures, and overall financial reporting. • Manage the timing and recognition of revenue in complex contractual arrangements and recurring sales models. • Perform detailed reviews of contracts and sales agreements to ensure proper accounting treatment for revenue recognition. • Coordinate with sales and accounting teams to ensure accurate forecasting and financial reporting. General Financial Oversight: • Prepare monthly, quarterly, and annual financial statements and reports, highlighting key metrics and trends. • Reconcile revenue and commission-related balances to ensure proper financial tracking. • Assist in developing financial policies, procedures, and internal controls to streamline financial operations. • Work closely with senior leadership to support business decisions and optimize financial performance. • Assist in preparing for audits, including providing necessary documentation for revenue and payroll audits. • Ensure compliance with applicable laws and regulations regarding payroll and revenue recognition. Process Improvement: • Continuously assess and improve payroll and revenue recognition processes to increase efficiency, accuracy, and compliance. • Identify and implement automation opportunities to streamline payroll processing and financial reporting. • Collaborate with IT and software vendors to maintain and optimize payroll and accounting systems. Skills • Exceptional attention to detail with a high level of accuracy. • Strong problem-solving abilities and analytical skills. • Ability to communicate complex financial information clearly to both financial and non-financial stakeholders. • Ability to manage multiple priorities and meet deadlines in a fast-paced environment. • Advanced proficiency in Excel (pivot tables, v-lookups, etc.). About You • CPA or other relevant certifications preferred. • 5+ years of experience in accounting or finance, with a focus on payroll and revenue recognition. • Prior experience in managing payroll for a sales team, including commissions and bonus structures. • Strong understanding of revenue recognition principles (ASC 606 or equivalent). • Experience with financial software (e.g., QuickBooks, NetSuite, or similar). • Solid understanding of accounting principles and regulatory requirements When referencing this job, quote #470118.
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