Payroll & General Accountant

ABOUT US

Localcoin, founded in 2017 with headquarters in Toronto, is on a mission to simplify the process and experience of buying or selling digital currencies globally. We envision bringing digital currency to the mainstream financial market through partnerships with leading corporate and franchised retail spaces. With terminals across Canada and Australia, Localcoin is now the largest Bitcoin ATM provider in Canada 

At its core, Localcoin believes that everyone should be able to own cryptocurrency and have a deep understanding of blockchain technology. As a member of our rapidly growing team, you'll join a talented, dynamic group of team members who will encourage you to learn, grow and thrive in your career every step of the way. 

If you're a self-starter looking to hone your skills in a startup environment that fosters innovation, transparency and team connectivity, we look forward to hearing from you!

THE ROLE
Reporting directly to the Financial Controller, as the Payroll & General Accountant, you will be responsible for processing payroll and managing a range of general accounting tasks.

This position will be based out of our office in Etobicoke, ON with a hybrid work schedule. 

YOUR IMPACT

Payroll:

• Responsible for end-to-end payroll processing for both Canada and international locations, including tax filing, issuing Records of Employment (ROEs), and handling government inquiries.
• Process and review earnings, expenses, deductions and tax withholdings applying company policy, collective agreements & tax compliance requirements.
• Produce annual government reporting including T4 slips and EHT returns.
• Ensure all payroll transactions are processed accurately, timely, and in compliance with Canada/International locations regulations.
• Stay up to date with changes in any Ontario/Canada/International payroll laws and regulations, ensuring the organization's compliance.
• Address payroll-related inquiries from employees, providing clear and timely responses.
• Update employees on payroll policies and procedures as needed.

General Accounting:

• Manage Account Payable and vendor relationships.
• Reconcile cash balance on a daily basis and effectively escalate outstanding cash issues with Finance and Cash-in-Transit (CIT) partners.
• Process banking, crypto, and other transactions for review and approval by the Finance team and Executives.
• Post daily journal entries supported by account reconciliations and back-ups. Ensure accuracy and completion of the general ledger.
• Prepare schedules, working papers, supporting documents, and analysis to support financial statements, audits, FP&A, and projects.
• Assist with delivering monthly, quarterly, and annual financial close procedures.
• Uphold and update accounting policies and documentation for revenue, cost of sales, inventory, fixed assets, loans, and other matters in line with latest ASPE, US GAAP & IFRS guidelines.
• Comply with local, provincial, and federal government reporting, licensing and tax requirements.
• Imperative team player for external and statutory audit engagements.
• Other analysis and ad-hoc work as requested by the company.

THIS IS YOU

• Minimum of 3+ years processing end to end payroll. 
• Extensive knowledge of Canadian payroll and tax compliance, with expertise in key areas such as tax calculations, EHT and WSIB filing and payment processes, ROE management, tax notice resolution, reconciliations, and auditing.
• Minimum of 3+ years of experience in a general accountant role.
• Canadian or Global Payroll Certification is an asset.
• Experience with ADP, Ceridian, and other 3rd party payroll processing.
• Experience using Business Central ERP.
• High proficiency in Microsoft Suite and Google Suite.
• Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Excellent analytical, creative problem solving, and strong organizational and project management skills.
• Take initiative to implement changes that will simplify and improve processes.
• Maintain a close liaison and collaborate with various internal and external stakeholders.
• High aptitude in learning, using and auditing new technologies.
• Comfortable and professional with handling confidential and personal data.

THIS IS NICE

• Accounting experience in the FinTech or Cryptocurrency industries

WHAT YOU’LL LOVE ABOUT US

• Competitive Salary 
• Health & Wellness Benefits
• Hybrid & Flexible Office Environment 
• Professional Development
• Standups, Demos and Monthly Socials to keep us aligned and connected
• And so much more!    
  
  Localcoin is committed to building a team that represents a variety of backgrounds, perspectives and skills. The more inclusive and diverse we are, the more our work will improve. If you're determined and great at what you do, come as you are.
  
  If you require accommodation at any stage throughout the recruitment process, please notify your talent team or send an email to [email protected]