Senior Accounting Manager @ Tonal

Senior Accounting Manager

Posted on 3/21/2023

INACTIVE

Locations

Toronto, ON, Canada

Experience Level

Entry

Junior

Mid

Senior

Expert

Desired Skills

NetSuite

Requirements

8-12 years of experience supervising accounting cycles (order to cash, procure to pay, etc.) and general ledger, GAAP based, accounting and reporting
Work history in either manufacturing, retail, or SAS-based companies with revenues greater than $100M
Undergraduate degree in accounting or finance
Experience managing outsourced accounting functions
Experience with NetSuite
Able to balance hands-on work (when necessary) with the effective delegation of tasks
Able to function both as manager and mentor to the accounting team
Collaborative and transparent communication style

Responsibilities

Manage an outsourced accounting team (India-based Accounting Manager, Senior Accountant, Junior Accountants) on daily operations, month-end close and reporting and adherence to policies and procedures
Coordinate and review monthly close activities to ensure financial results are in accordance with US GAAP
Develop, implement, and review reconciliation procedures to ensure internal controls are operating effectively
Responsible for managing NetSuite including master data maintenance necessary for internal and external reporting
Provide financial reports as needed for internal and external users
Ensure monthly actuals are loaded to Adaptive platform
Monitor bank balances, prepare and present weekly payment runs, and provide monthly bank compliance reporting
Collaborate with supply chain, sales, and customer support operations, on the design and systems integration of business processes that impact accounting transactions
Oversee inventory costing including the use of standard costs and FIFO basis of accounting
Manage accounting-related information requests
Function as primary contact for financial auditors
Manage processes for collection and remittance of sales tax, including working with outside tax consultants

Who We Are

Tonal is the smartest home gym and personal trainer. It has completely revolutionized the way people work out at home, with its sleek design and advanced A.I. technology. We’ve united a diverse team of experts and decades of research to reinvent strength training, making it more efficient, more effective and more engaging.

With this in mind, we want to bring that same innovative approach to the workplace. At Tonal, we continue our shift of emphasis by growing our instrumental team. We collectively weave our knowledge and creativity, as we redefine the future of fitness. We are passionate about building products that transform lives, and building teams that transform the status quo. Together, we can be our strongest.

Overview

The Accounting Manager will be responsible for the monthly close and distribution of financial statements in accordance with GAAP and administration of all transactional accounting processes, by way of managing an in-house accounting team and outsourced accounting resources. In addition, the Accounting Manager will lead initiatives to establish and maintain internal controls and collaborate with operating groups to implement and improve the effectiveness of business processes.

This position is ideal for a high-energy and detailed-oriented accounting professional, who can both lead and train an accounting team as well as build collaborative and transparent working relationships with operating teams.

This position is based in Toronto and will report to the Corporate Controller.

What You Will Do

Manage an outsourced accounting team (India-based Accounting Manager, Senior Accountant, Junior Accountants) on daily operations, month-end close and reporting and adherence to policies and procedures
Coordinate and review monthly close activities to ensure financial results are in accordance with US GAAP
Develop, implement, and review reconciliation procedures to ensure internal controls are operating effectively
Responsible for managing NetSuite including master data maintenance necessary for internal and external reporting
Provide financial reports as needed for internal and external users
Ensure monthly actuals are loaded to Adaptive platform
Monitor bank balances, prepare and present weekly payment runs, and provide monthly bank compliance reporting
Collaborate with supply chain, sales, and customer support operations, on the design and systems integration of business processes that impact accounting transactions
Oversee inventory costing including the use of standard costs and FIFO basis of accounting
Manage accounting-related information requests
Function as primary contact for financial auditors
Manage processes for collection and remittance of sales tax, including working with outside tax consultants

Who You Are

8-12 years of experience supervising accounting cycles (order to cash, procure to pay, etc.) and general ledger, GAAP based, accounting and reporting
Work history in either manufacturing, retail, or SAS-based companies with revenues greater than $100M
Undergraduate degree in accounting or finance
Experience managing outsourced accounting functions
Experience with NetSuite
Able to balance hands-on work (when necessary) with the effective delegation of tasks
Able to function both as manager and mentor to the accounting team
Collaborative and transparent communication style

At Tonal, we believe that the unique and varied lived experiences of our teammates contribute to our overall strength. We don’t just appreciate differences, we celebrate them, and we always seek people that represent a wide variety of backgrounds. We’re dedicated to adding new perspectives to the team and designing employee experiences that contribute to your growth as much as you do to ours. If your experience aligns with what we’re looking for (even if you don’t check every single box), send us your application. We would love to hear from you!

Tonal is committed to meeting the diverse needs of people with disabilities in a timely manner that is consistent with the principles of independence, dignity, integration, and equality of opportunity. Should you have any accommodation requests, please reach out to us via our confidential email, [email protected]. All requests will be addressed and responded to in accordance with Tonal’s Accessibility Policy and local legislation.

501-1,000 employees

Website

Smart home gym & AI coaching company

Company Overview

Tonal's mission is to build systems that transform people’s lives through fitness, health, and wellness. The company uses advanced digital weight that continually adapts workouts so they’re most effective for all people regardless if you’re a beginner or an expert —all led by our expert coaches.

Benefits

Competitive compensation
Top quality health care package
Commuter benefits
Parental leave
Flexible vacation days
Weekly catered team lunches
Office happy hours
Team offsites & company-wide events
New equipment on your first day
Tonal discounts