Accountant (Retail Merchandise)
Job Summary
Powered by Passion. United by Purpose. Build for Impact.
At Maple Leaf Sports & Entertainment Partnership (MLSE) we exist to deliver the ultimate fan experience by lifting trophies spirits and communities united as one.
Were more than a workplace. We are a team of passionate people boldly building the future of sport and entertainment together. We believe in the power of play the strength of collaboration and the energy that comes from showing up with purpose.
From the ice to the pitch the hardwood to the digital arena were proud to be the driving force behind the Toronto Maple Leafs (NHL) the Toronto Raptors (NBA) Toronto FC (MLS) Toronto Argonauts (CFL) and development teams with the Toronto Marlies (AHL) Raptors 905 (NBA G League) Toronto FC II (MLS NEXT Pro League) and Raptors Uprising Gaming Club the Toronto Raptors Esports franchise in the NBA 2K League.
We bring these teams and world-class entertainment to life at our iconic venues including Scotiabank Arena BMO Field Coca-Cola Coliseum Ford Performance Centre BMO Training Ground and OVO Athletic Centre. Off the field we serve up elevated dining at e11even Real Sports and our signature club spaces like Hot Stove Club ScotiaClub and Platinum Club.
Through MLSE Foundation and MLSE LaunchPad we use the power of sport to help youth facing barriers reach their full potential. Since 2009 weve invested more than $45 million into Ontario communities -- and were just getting started.
This is what it means to be One MLSE: a culture where everyone plays a role everyone belongs and everyone contributes to something bigger than themselves.
So if youre ready to play with purpose grow with passion and win as one wed love to have you on our team.
** We know that great candidates come from a variety of backgrounds and experiences. Even if you do not meet every qualification listed we encourage you to apply. Your unique perspective transferable skills and lived experience may be exactly what were looking for. **
Job Description
As the Accountant supporting Retail / Merchandise you will be a key Finance partner to MLSEs retail and merchandise business including Real Sports Apparel and other team and venue merchandise activity. You will combine strong accounting fundamentals with commercial curiosity to support the financial management of a fast-moving consumer-facing business helping ensure sales inventory cost of goods sold and operating activity are recorded accurately reported effectively and understood by business leaders. Working closely with Retail / Merchandise Finance FP&A Procurement and other cross-functional teams you will develop a strong understanding of product economics inventory flows sales channels and margin drivers and help translate retail activity into accurate accounting and meaningful financial reporting.
Building on the core responsibilities of the Accountant role including month-end journal entries accruals reconciliations monthly reporting and financial analysis this role elevates the focus on inventory accounting cost of goods sold gross margin sales reconciliation shrink and obsolescence and actionable financial insight. Please note that due to changing priorities for the business learning opportunities or volume the client group supported may switch however the key responsibilities will remain the same.
RESPONSIBILITIES
Own key accounting activities for Retail / Merchandise including month-end journal entries accruals revenue and expense recognition inventory and cost of goods sold entries account reconciliations and supporting schedules.
Develop a strong understanding of MLSEs retail and merchandise business including Real Sports Apparel venue and event merchandise e-commerce and other sales channels product purchasing inventory movement and key margin drivers.
Analyze monthly financial results and retail activity identifying trends and variances in sales cost of goods sold gross margin product mix inventory shrink markdowns returns freight and other operating expenses requiring further investigation.
Support accurate inventory accounting by reviewing inventory receipts transfers adjustments physical counts shrinkage obsolescence and valuation-related activity ensuring inventory balances are complete and appropriately supported.
Reconcile and analyze sales and tender activity across point-of-sale e-commerce payment processor and financial systems investigating discrepancies and ensuring revenue is recorded completely and accurately.
Prepare and enhance monthly reporting for Retail / Merchandise providing clear commentary that connects financial results to sales volumes product and channel mix pricing promotions markdowns inventory turns and margin performance.
Serve as a trusted day-to-day Finance partner to Retail / Merchandise leaders proactively supporting financial questions and helping stakeholders understand the financial implications of purchasing pricing promotions inventory and other commercial decisions.
Partner with FP&A on budgeting and forecasting providing accounting expertise historical insights and an understanding of sales inventory and margin drivers to support accurate financial outlooks and planning.
Partner with Retail / Merchandise and Procurement teams to understand product purchasing and receiving activity investigate inventory and vendor discrepancies and support accurate cut-off and financial treatment.
Maintain strong balance sheet governance completing reconciliations and analysis while proactively identifying and resolving outstanding aged or unusual items.
Strengthen financial controls and processes around inventory sales cash/tender reconciliation purchasing receiving returns and cost recognition identifying opportunities to improve accuracy efficiency scalability and transparency.
Collaborate cross-functionally with Finance FP&A Retail / Merchandise Procurement Accounts Payable Accounts Receivable e-commerce and other teams to resolve issues and ensure appropriate financial treatment of business activity.
Support year-end audit requirements including preparation of supporting documentation inventory count support and coordination with internal and external stakeholders.
Leverage Excel Oracle Cloud ERP point-of-sale e-commerce and other operational/financial tools to improve reporting analysis reconciliations and process efficiency.
Contribute to special projects and strategic initiatives bringing a Finance perspective to evolving retail and merchandise needs and opportunities.
Other duties assigned to support the needs of the department.
QUALIFICATIONS
Completion of a post-secondary degree or diploma in Accounting Finance Business ora relateddiscipline.
3 years of relevant accounting experience withdemonstratedexperience managing month-end activities reconciliations and financial analysis.
Enrolled in or completed a recognized professional accounting designation (CPA).
Strong knowledge and practical application of accounting principles including revenue recognition inventory accounting cost of goods sold accruals and balance sheet accounting.
Demonstrated ability to move beyond transaction processing to understand commercial and operational driversidentifyissues andprovidemeaningful financial insight.
Strong analytical and problem-solving skills with exceptional attention to detail.
Effective written and verbal communication skills including the ability to communicate financial concepts clearly to non-finance stakeholders.
Strong relationship-building skills and confidence working directly with business partners and cross-functional teams.
Advancedproficiencyin Excel; experiencewith enterprise accounting and operating systems such as Oracle Cloud ERP is an asset.
Understanding ofintercompany accounting and complex organizational structures.
Ability to manage multiple priorities and meet strict deadlines in a fast-paced event-drivenand consumer-facing environment whilemaintaininga high standard of accuracy.
Demonstrated initiative and ability to work independently while contributing effectively within a collaborative team.
Experience with retail merchandise apparel e-commerce inventory accounting consumer products or sports and entertainment is considered an asset.
Experience with point-of-sale systems inventory management systems physical inventory counts shrink/obsolescence analysis or high-volume sales reconciliation is considered an asset.
Please apply by: Tuesday September 22 11:59 pm.
Job Posting Compensation Range/Rate:
$65000 - 70000 annual base
Bonus vacation competitive benefits and many excitingperksare also included.
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At MLSE we are committed to building an equitable diverse and inclusive organization. We are an equal opportunity employer and we do not discriminate on the basis of race religion color national origin sex gender gender expression sexual orientation age marital status veteran status or disability status. MLSE will provide reasonable accommodation for qualified individuals with disabilities in the job application process. If you have difficulty using our online application system and you need an accommodation due to a disability please email . This email is only for accommodation requests. Resumes sent to this email address will not be considered.