Assistant ControllerAccounting Manager
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Posted on:
19 hours ago
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Job Summary
Assistant Controller / Accounting Manager
Salary: $80000 $90000 (based on experience)
Location: London Ontario
Employment Type: Full-Time On-Site
Reports To: Controller / Director of Finance
About ITPS (Canada) Ltd.
ITPS (Canada) Ltd. is one of the worlds premier Test Pilot Schools providing advanced flight test training to global military and civilian clients. Operating in a complex multi-entity financial environmentincluding ITPS (Canada) Ltd. ITPS America andOntario Finance team plays a central role in supporting aviation operations engineering projects and international student programs.
We are seeking a highly skilled Assistant Controller / Accounting Manager to oversee day-to-day accounting operations support month-end and year-end processes and assist in managing the financial integrity of our rapidly growing organization.
Position Summary
The Assistant Controller / Accounting Manager is responsible for managing full-cycle accounting supervising accounts payable and expense management overseeing payroll supporting project accounting and maintaining accurate financial records for all entities. This role requires strong technical accounting skills excellent organizational ability and experience working in a high-complexity environmentideally aviation engineering or multi-entity operations.
The successful candidate will work closely with the Controller and Finance team to enhance financial processes ensure compliance support internal controls and contribute to strategic financial planning.
Key Responsibilities
Daily Responsibilities
- Enter foreign exchange (FX) AP transactions and corporate VISA transactions.
- Track and verify corporate credit card receipts and coding.
- Communicate with vendors to obtain missing invoices or supporting documentation.
- Liaise with maintenance stores to verify purchase orders and obtain detailed information for aircraft asset accounts.
- Monitor daily banking activity and update payments deposits and receivables.
- Review daily payable entries and adjust coding projects or allocations as necessary.
Weekly & Bi-Weekly Responsibilities
- Review the Accounts Payable list for accuracy and approval readiness.
- Prepare EFTs wires and cheque payments after management approval.
- Coordinate with consultants regarding project expense allocation and coding.
- Process bi-weekly payroll including payroll remittances and year-to-date reconciliations.
- Support AR processing and ensure timely posting of customer invoices.
Monthly Responsibilities
- Perform month-end reconciliations for all bank accounts and credit card accounts across multiple entities.
- Prepare and post monthly journal entries including:
- Insurance allocations
- Loan payments and interest
- Prepaids and amortization
- Deposits and deferrals
- Collaborate with instructors and consultants to confirm salary and cost allocations by project.
- Review project lists and revenue schedules; prepare and post project revenue recognition entries.
- Support preparation of monthly financial statements and management reporting.
Additional Responsibilities
- Assist with annual audit preparation and external auditor documentation requests.
- Maintain and enhance internal controls accounting procedures and financial accuracy.
- Support the transition to new financial systems or ERP software.
- Provide supervisory support to AP/AR team members and assist with training when necessary.
- Contribute to financial process improvements and efficiency initiatives.
- Ensure compliance with internal policies CRA requirements and accounting standards.
Qualifications
- Bachelors degree in Accounting Finance or Business.
- Senior accounting student working toward CPA designation (or near completion).
- Minimum 35 years of progressive accounting experience.
- Strong knowledge of full-cycle accounting payroll and month-end close.
- Experience with Sage 50 Sage Intacct or similar accounting systems.
- Strong proficiency in Microsoft Excel (pivot tables VLOOKUP/XLOOKUP analysis).
- Excellent accuracy attention to detail and problem-solving ability.
- Strong communication skills and comfort working cross-departmentally.
- Ability to thrive in a fast-paced multi-entity environment.
Preferred
- Experience in aviation engineering education or technical environments.
- Experience with project accounting or revenue recognition.
- Knowledge of foreign exchange transactions and multi-currency accounting.
- Experience supervising or mentoring junior accounting staff.
Why Join ITPS
- Competitive salary: $80000 $90000
- Full company-paid benefits after probation
- Opportunity to work in a unique high-growth aviation environment
- Career progression into Controller-level responsibilities
- Exposure to multi-entity international financial operations
- Involvement in ERP implementation and finance modernization
- Collaborative and supportive finance team
Required Experience:
Manager
Key Skills
- Invoicing
- Accounting Tally
- Accounting & Finance
- General Ledger Accounting
- Microsoft Excel
- PMP
- Financial Accounting
- Financial Analysis
- Payroll
- Financial Recouncilation
- Financial statement
- ACCA
- CPA
- Financial Reporting
- Bookkeeping
About Company
International Test Pilots School (ITPS) offers EASA Approved Test Pilot & Flight Test Engineer courses for military and industry customers.
