Team Lead - Accounting

The Team Lead - Accounting at Moment Factory is responsible for overseeing the accounting cycle, managing payables and receivables, ensuring accuracy in transaction postings, and partnering closely with project teams for accounts receivable collection. You will also supervise the preparation of tax returns for both Canadian and international subsidiaries, helping to manage accounting technicians' priorities and addressing any anomalies that arise.

To qualify for the Team Lead - Accounting role at Moment Factory, candidates should possess a Bachelor's degree in accounting or business administration, coupled with a minimum of 5 years of relevant experience. Knowledge of consumption tax rules in Canada and the U.S., strong proficiency in ERP systems like NetSuite, and excellent MS Office skills, particularly Excel, are also essential for success in this role.

The Team Lead - Accounting plays a crucial role in ensuring that financial processes align seamlessly with Moment Factory’s innovative projects. By managing financial activities and supporting project teams with urgent transactions, this position ensures timely and accurate financial management, allowing creative projects to flourish without financial roadblocks.

A successful Team Lead - Accounting at Moment Factory should possess strong interpersonal and customer service skills, the ability to adapt in a fast-paced environment, and exceptional communication skills. Leadership abilities, initiative, and a commitment to collaboration are also vital to effectively manage the accounting team and foster a positive workplace culture.

Moment Factory provides a range of attractive benefits to the Team Lead - Accounting, including a hybrid work model to support work-life balance, group insurance for you and your family, wellness accounts, telemedicine services, paid sick days, personalized training programs, and daily meal options, creating a supportive environment for both personal and professional growth.

To manage my team's workload effectively, I prioritize tasks based on deadlines and project requirements, foster open communication to understand each team member's capabilities, and ensure that everyone is trained on the necessary systems and processes. Regular check-ins and flexible task assignments help us adapt to shifting priorities while maintaining high standards.

I have extensive experience with ERP systems, particularly NetSuite, which I have used to optimize financial processes and ensure accuracy across various accounting functions. I focus on leveraging these systems to streamline workflows, automate repetitive tasks, and provide valuable insights through data analysis, which significantly enhances team performance and decision-making.

To ensure accurate posting of financial transactions, I implement a strict review process where all entries are regularly verified against source documents. I also encourage ongoing training for the team on best practices and relevant regulations, coupled with periodic audits to catch discrepancies early, reinforcing a culture of accuracy and accountability.

When conflicts arise within my accounting team, I address the situation promptly by facilitating a discussion between the involved parties to understand different perspectives. I prioritize open communication and encourage collaborative problem-solving to find a solution that respects everyone’s viewpoints while maintaining focus on our shared goals.

I take a personalized approach to professional development by identifying each team member's strengths, areas for growth, and career aspirations. I work closely with them to create tailored development plans that may include training sessions, mentoring opportunities, and constructive feedback mechanisms to ensure they reach their potential.

Ensuring compliance with tax regulations starts with staying informed about current laws and changes. I conduct regular training sessions for my team and establish checklists and review processes to ensure that all relevant documentation is accurate and submitted in a timely manner, reducing the risk of errors and penalties.

I regularly analyze our accounting workflows and gather feedback from my team to identify bottlenecks or inefficiencies. I encourage an open culture where suggestions for improvement are welcomed and often pilot new processes in conjunction with our ERP system to assess their effectiveness before full implementation.

When projects face urgent financial needs, I assess the situation swiftly, prioritizing immediate needs while consulting with project managers to understand the implications. I ensure that my team is equipped to address requests promptly, leveraging our existing processes to expedite transactions without compromising accuracy.

I utilize various metrics such as transaction accuracy rates, on-time reporting percentages, and team efficiency indicators to evaluate performance. Regular feedback sessions and performance reviews help to guide professional development and foster a high-performance culture within the accounting team.

In a previous role, I identified a time-consuming manual invoicing process as a major bottleneck. I led the implementation of an automated invoicing system that reduced processing time by 50% and significantly improved accuracy. This not only saved time but also enhanced cash flow management, making our financial operations much more efficient.