Company Description
WestMET is leading the energy transition through the development of advanced agricultural products, environmental & regulatory services and emerging energy technologies. We are directly involved with transforming legacy mine sites with expert reclamation services and building a sustainable future for the energy and mineral industries. Our diverse Team also leads on-site regulatory compliance programs and tasks as well as environmental assessment activities. Regulatory applications, reporting and correspondence are additional tasks the Team routinely completes as part of our site management services.
At WestMET, we are creating value by developing and growing a portfolio of complementary businesses that support a sustainable economic future in the Minerals, Energy and Technology sectors.
Our current business segments include:
1. Black Earth –Agriproducts division focused on the production and development of agricultural products centered on the unique properties of our world class Humalite resource.
2. WestMET ERS – Branching from a coal mining background in Alberta, the WestMET Earth and Reclamation Services (ERS) Team aims to provide engineering, environmental and regulatory support to mine sites as well as other industrial proponents.
Currently, WestMET ERS is working with multiple Alberta coal mines on their path through reclamation and closure as well as ongoing compliance monitoring and reporting. WestMET strives to push the standard of reclamation forward by finding innovative solutions to achieve both regulatory compliance and equivalent land capability targets.
Position Summary
As a key member of the WestMET accounting team you will be responsible for ensuring the accuracy and timeliness of our financial information. Reporting to the Controller, you will take an active role in supporting our project managers, production sites and warehouse and logistics teams. You possess strong analytical and problem solving skills, with high attention to detail, a passion for learning, and a client service focus. You will be comfortable in a fast-paced and constantly evolving environment and will embrace the challenge of adapting our reporting, processes and systems to meet the needs of our growing business.
Revenue & Production Accountant: Essential Duties and Responsibilities
Project Accounting
- Provides functional direction, training, and guidance to the Engineering and Environmental project managers
- Maintains and ensures the integrity of project financial billings.
- Provides Reviews and manages the accounting records for projects to ensure accuracy and compliance with accounting policy.
- Provides guidance on financial aspects of projects within the ERS Division.
- Prepares financial reports and KPI’s for ERS Project managers.
- Ensure Project module is set-up and maintained to facilitate accurate expense tracking and billings.
Accounts Receivable, Credit and Collections
- Oversee the generation, review, and timely distribution of customer invoices.
- Process customer payments, including EFTs, ACH/wire transfers.
- Investigate and resolve customer account discrepancies and billing issues.
- Support month-end and year-end close processes related to accounts receivable.
- Review and assess new customer credit applications using financial statements, credit reports, banking references, and trade references.
- Maintain, and review customer credit limits and payment terms.
- Monitor and report on aged receivables and collection performance.
- Provide support regarding customer billing inquiries and account reconciliation requests.
Production Accounting & Inventory Control
- Calculate and monitor direct materials, direct labor, and factory overhead costs.
- Reconcile physical inventories, cycle counts, raw materials, Work-in-Progress (WIP), and finished goods.
- Compare standard production costs against actual costs to identify waste, inefficiencies, or budget deviations.
- Monitor inventory transactions to ensure receipts, transfers, adjustments, and issues are recorded accurately and in a timely manner.
- Oversee regular cycle counts and coordinate annual physical inventory counts.
- Ensure inventory master data, item setup, units of measure, and product classifications remain accurate and up to date.
- Develop, maintain and identify opportunities to improve inventory control procedures, policies, and internal controls.
- Assist with maintaining ERP: warehouse management and inventory modules.
- Assist in financial close activities, gross margin analysis, and P&L reporting.
- Support audits by providing inventory documentation, reconciliations, and supporting schedules.
Month End Close
- Prepare monthly balance sheet reconciliations.
- Assist with the preparation of quarterly and annual financial statements and/or financial statement notes.
- Assist with internal and external audit activities, account analysis and preparation of working papers and schedules.
- Contribute to the development of annual budgets, quarterly forecasts, and monthly variance reporting.
- Ensure compliance with all relevant accounting standards and regulations.
- Collaborate with WestMET team members to identify and suggest opportunities for process and system improvements.
Education and Experience
- Diploma, Degree in Accounting, Finance, Business Administration
- 5 Years progressive accounting experience, preferably in manufacturing and warehousing environment.
- Demonstrated knowledge of Project Accounting.
- Knowledge of US GAAP an Asset.
- Proficiency with Microsoft Office Products, extensive knowledge of Excel.
- Experience with ERP systems, Acumatica experience preferred.
- Excellent communication, analytical and organizational skills.
- High attention to detail is critical.
- Demonstrated ability to work effectively as a team member.
- Ability to take the initiative in understanding the needs of internal customers and taking action to achieve results.
Compensation
- Competitive compensation package, commensurate with experience and qualifications.
