Accounting Lead

Whether it's the unique breadth of our integrated offering that covers Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology products; or our commitment to recognizing and rewarding people for the contribution they make - working here isn't like anywhere else.

At Galderma, we actively give our teams reasons to believe in our ambition to become the leading dermatology company in the world. With us, you have the ultimate opportunity to gain new and challenging work experiences and create an unparalleled, direct impact.

The Accounting Lead, Receivables and Financial Reporting will work closely with the Director, Accounting in managing all activities related to accounting functions of the company.

They will have a specialized oversight on Accounts Receivable to ensure an effective and efficient workflow and performance of the accounts receivable team against defined goals and objectives and to deliver excellent service to internal and external stakeholders. This position will work with all departments and other finance team members to ensure financial activities are posted on a timely basis, meet all corporate policies, and accurately recorded.

This is a currently vacant hybrid position with three days on site and the pay range is 87, ,000 CAD plus annual bonus.

Key Responsibilities:

Reporting – 40%

• Manage the Month End Closing process, including the preparation and review of monthly financial statements to finance and management team(s)
• Manage processes of monthly/quarterly and annual closing of the accounts receivable subledger as well as financial reports in compliance with IFRS reporting requirements including internal management reporting
• Review and ensure accurate and timely completion of balance sheet reconciliations
• Prepare Canadian sales tax fillings and assist with annual corporate year-end tax return

Leading Receivables and GBS Teams – 20%

• Work with each direct report to guide and monitor progress on annual goals and objectives and advise on the progress to enhance the professional development of team
• Guide and consult Galderma employees and supporting GBS organization on financial accounting related matters with focus on operational financial activities
• Lead internal, external, and regulatory audit processes

Accounts Receivable – 40%  

• Manage the Accounts Receivable function, overseeing the process from order release to reporting and reconciliation
• Implement and ensure consistent and accurate implementation of accounts receivable policies, regarding past due invoices, credit matching to chargebacks, erroneous credit memos, and credit balances of customers. Be well versed in customer portals, customer payment practices and ensure strong inbound cash flow from customers.
• Establish monthly and quarterly Accounts Receivable (AR) reviews to understand aging buckets, high-risk accounts and define/enhance collection and dunning strategies
• Minimize bad debt exposure and maintain aging at an acceptable level by meeting DSO targets 
• Evaluate, analyze, monitor, and recommend customer credit limits in accordance with credit management policy
• Providing customer service regarding collection issues 
• Ensure transactions comply with external and internal requirements 

Requirements:

• A minimum of 5 years of progressive accounting experience, with at least 1-2 years of people management
• A recognized professional accounting designation (CPA, CA, or equivalent) or working towards is required
• Proven experience with financial systems, particularly experience with an ERP system (preferably in a large, complex corporate environment).
• Excellent organizational skills and the ability to manage multiple priorities and deadlines while adapting to shifting demands
• Strong verbal and written communication skills, with the ability to effectively engage with internal and external stakeholders
• Proactive, self-motivated, and continuously driven to improve both processes and personal professional development
• Computer Skills: Advanced level skills using Microsoft Office products such as Word, Excel, Outlook, and Power Point.