Payroll & General Accountant

ABOUT US

Localcoin, a company established in 2017 and headquartered in Toronto, is dedicated to simplifying the process of buying or selling digital currencies globally. We aim to make digital currency accessible to mainstream financial markets by partnering with prominent corporate and franchised retail spaces. With an extensive presence in Canada and Australia, Localcoin has become the largest provider of Bitcoin ATMs in Canada.

At Localcoin, we believe that everyone should have the opportunity to own cryptocurrency and comprehend blockchain technology. As part of our growing team, you will be surrounded by a talented and supportive group of colleagues who will encourage your professional development every step of the way.

If you are a proactive individual seeking to enhance your skills in a startup environment that values innovation, transparency, and teamwork, we are excited to hear from you!

THE ROLE

Reporting to the Financial Controller, the Payroll & General Accountant will handle payroll processing as well as various general accounting responsibilities. This role will be based in our office in Etobicoke, ON, with a hybrid work arrangement.

YOUR IMPACT

Payroll:

• Manage end-to-end payroll processing for both Canadian and international locations, ensuring compliance with tax regulations, issuing Records of Employment, and handling government inquiries.
• Ensure accurate processing of earnings, expenses, deductions, and tax withholdings in alignment with company policies and tax requirements.
• Generate annual government reports such as T4 slips and EHT returns.
• Stay informed about changes in payroll laws and regulations to ensure organizational compliance.
• Address employee inquiries regarding payroll promptly and clearly.
• Update employees on payroll policies and procedures as necessary.

General Accounting:

• Oversee Account Payable activities and maintain vendor relationships.
• Reconcile daily cash balances and escalate any outstanding issues with Finance and Cash-in-Transit partners.
• Process transactions for review and approval by the Finance team and Executives.
• Post daily journal entries, ensuring accuracy and completeness of the general ledger.
• Prepare schedules, working papers, and analysis to support financial statements, audits, and projects.
• Assist with monthly, quarterly, and annual financial close activities.
• Maintain updated accounting policies in accordance with relevant guidelines.
• Ensure compliance with government reporting, licensing, and tax requirements.
• Support external and statutory audit efforts.
• Perform additional analysis and ad-hoc tasks as required.

THIS IS YOU

• Minimum of 3 years of experience in end-to-end payroll processing.
• Proficient in Canadian payroll and tax compliance; familiarity with key areas such as tax calculations, ROE management, and reconciliations.
• Minimum of 3 years in a general accountant role.
• Certification in Canadian or Global Payroll would be beneficial.
• Experience with payroll processing software such as ADP and Ceridian.
• Proficiency in Business Central ERP and Microsoft & Google Suite.
• Strong time management skills in a fast-paced environment.
• Excellent problem-solving and organizational abilities.
• Proactive in implementing process improvements.
• Effective communicator and collaborator.
• Openness to adopting and auditing new technologies.
• Ability to handle confidential data professionally.

THIS IS NICE

• Experience in accounting within the FinTech or Cryptocurrency industries.

WHAT YOU’LL LOVE ABOUT US

• Competitive Salary
• Health & Wellness Benefits
• Hybrid & Flexible Office Environment
• Professional Development Opportunities
• Team-building activities to foster connection
• And much more!

Localcoin is committed to fostering a diverse and inclusive workplace. We value individuals with diverse backgrounds and skills, as it enhances the quality of our work. If you require any accommodations during the recruitment process, please contact us.