Accountant - Canadian Accounting, Bookkeeping & Tax Preparation
Ikon Financial Group · Remote · remote · Posted 27d ago
About a minute. You'll make an account on the way through.
About this role
Accountant - Canadian Accounting, Bookkeeping & Tax Preparation
IKON Financial Group | India Operations
Full-Time | Remote India
Salary: 35,000–50,000 per month
About IKON Financial Group
IKON Financial Group is a growing Canadian accounting and advisory firm providing bookkeeping, accounting, payroll, personal and corporate tax preparation, financial reporting, and business advisory services to clients across Canada.
We are expanding our India Operations team and seeking an Accountant to work closely with our Canadian team. This role offers ownership of client files, practical exposure to Canadian accounting and taxation, and opportunities to contribute to process improvement and team development.
About the Role:
You will manage accounting and bookkeeping for multiple Canadian clients, support month-end and year-end reporting, and prepare T1 personal and T2 corporate income tax returns for review by the Canadian team.
The ideal candidate has strong practical experience with QuickBooks Online, sound accounting knowledge, and the ability to investigate discrepancies and resolve issues independently.
As the team grows, you may also develop expertise in designated accounting areas, help establish standard operating procedures, and support the training and review of junior team members.
Key Responsibilities
Accounting and Bookkeeping
- Perform full-cycle bookkeeping and accounting for Canadian clients using QuickBooks Online.
- Set up and maintain charts of accounts, categorize transactions, and manage bank feeds.
- Maintain accounts payable and accounts receivable records.
- Complete bank and credit-card reconciliations and investigate outstanding differences.
- Prepare and review journal entries, general ledger balances, and supporting schedules.
- Complete month-end and year-end bookkeeping, including adjustments and account reconciliations.
- Prepare balance sheets, profit and loss reports, and supporting working papers.
- Maintain and reconcile GST/HST, PST, and payroll-related accounts.
- Complete historical bookkeeping cleanup and catch-up assignments.
- Identify unusual balances, accounting errors, and missing documentation, and follow through on their resolution.
- Prepare clear client queries and maintain organized records, working papers, and file notes.
- Coordinate with the Canadian team to meet deadlines and maintain consistent standards of accuracy.
Canadian Personal and Corporate Tax Preparation
- Prepare T1 personal income tax returns and T2 corporate income tax returns, including supporting schedules and working papers, for review by the Canadian team.
- Gather and review tax slips, financial statements, prior-year returns, notices of assessment, and other supporting documents.
- Identify missing information and prepare client queries to support accurate tax preparation.
- Prepare supporting schedules for personal tax returns, including self-employment and rental income, where applicable.
- Reconcile corporate financial records to the T2 return and assist with tax adjustments, capital cost allowance (CCA), and other supporting schedules.
- Identify matters requiring further technical review and communicate them to the Canadian team.
- Address review comments and assist with electronic filing once returns have been approved and the required client authorizations obtained.
- Maintain complete tax-preparation records and track assigned filing deadlines.
Process Improvement and Team Development
As your responsibilities grow, you may contribute to:
- Developing subject-matter expertise in assigned accounting and tax processes.
- Creating and improving SOPs, checklists, and standardized working papers.
- Improving bookkeeping, reconciliation, month-end, and tax-preparation workflows.
- Preparing training materials and supporting new employee onboarding.
- Training and mentoring junior accountants and bookkeepers.
- Performing first-level reviews and helping maintain quality standards across the India Operations team.
Required Qualifications
- Bachelor’s degree in Accounting, Commerce, Finance, or a related discipline.
- Approximately 2–5 years of relevant accounting or bookkeeping experience.
- Strong hands-on proficiency in QuickBooks Online.
- A solid understanding of accounting principles, journal entries, reconciliations, and month-end procedures.
- Strong Microsoft Excel or Google Sheets skills.
- Strong written and verbal English communication skills.
- Excellent attention to detail and the ability to investigate accounting discrepancies.
- Ability to work independently, manage multiple client files, and meet deadlines.
- Willingness to develop Canadian personal and corporate tax-preparation skills.
- Reliable high-speed internet and a professional remote-working environment.
Preferred Experience
- Experience supporting Canadian businesses, accounting firms, or CPA teams.
- Hands-on experience preparing Canadian T1 personal and T2 corporate income tax returns.
- Familiarity with TaxCycle, or similar Canadian accounting and tax software.
- Knowledge of Canadian GST/HST, PST, and payroll bookkeeping.
- Experience preparing Canadian year-end schedules and working papers.
- Experience with bookkeeping cleanup and catch-up assignments.
- Experience communicating with North American clients.
- Experience training, mentoring, or reviewing the work of junior staff.
- Experience managing multiple client files in an accounting or bookkeeping firm.
Working Arrangement
Employment type: Full-time
Location: Remote, within India
Working days: Monday to Saturday
Most work will take place during regular Indian working hours. Occasional scheduled evening meetings in India will be required to coordinate with the Canadian team for training, file reviews, team discussions, and issue resolution.
Compensation and Benefits
- Monthly salary of 35,000–50,000, based on experience, technical proficiency, Canadian accounting and tax exposure, and suitability for the role.
- Annual performance bonus.
- Direct collaboration with a Canadian accounting team.
- Opportunities to develop expertise in Canadian accounting, T1 and T2 tax preparation, payroll, and financial reporting.
- Increasing responsibility for client portfolios, process development, training, and quality review.
Career Development
This is intended to be a long-term position with opportunities to grow as IKON’s India Operations team expands.
Potential career progression includes:
Accountant Senior Accountant Subject Matter Expert / Team Lead Accounting Manager
Advancement will depend on performance, demonstrated capability, and available business opportunities. Strong performers may take responsibility for larger client portfolios, support technical training, review junior staff work, and help develop internal accounting standards.
Potential Future Canadian Employment Opportunity
IKON may consider strong, long-term employees for future positions in Canada, including potential employer support through the Labour Market Impact Assessment (LMIA) process where appropriate.
Any consideration will depend on employee performance, continued employment, business needs, the availability of a suitable Canadian position, employee eligibility, applicable program requirements, and government approvals.
This is an India-based position. Future Canadian employment, LMIA support, a work permit, permanent residence, or any other immigration outcome is not guaranteed.
Who Will Succeed in This Role?
We are looking for an accountant who takes ownership, exercises sound judgment, and understands the accounting behind each transaction.
You should be comfortable investigating reconciliation differences, reviewing tax treatment, correcting accounting records, preparing accurate reports and tax returns, and explaining unresolved matters clearly.
If you enjoy managing complete client files and want to help build a growing accounting team, this role offers opportunities to strengthen your technical skills and take on greater responsibility.
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