Accounting analyst

About Us

New Look Vision Group (“NVG”), headquartered in Montreal, Canada, is the leading provider of eye care products and services across Canada and is rapidly expanding in the United States. The Group has retail sales of optical products which can be grouped into four principal categories: (i) prescription and non-prescription eyewear, (ii) contact lenses, (iii) sunglasses, protective eyewear and reading glasses, and (iv) accessories, such as cleaning products for eyeglasses and contact lenses. The Group’s network of stores totals 470 locations, consisting of 413 locations in Canada and 57 in the United States. Prescription lenses are manufactured at the company’s central manufacturing and distribution facility located in Montreal.

Under the current leadership team, NVG has achieved outstanding operating and financial success. Since 2013 NVG’s store network has increased from 70 to 470 locations, primarily by way of acquisition, and its enterprise value has increased by over 10x, from approximately $100 million to in excess of $1 billion. This has resulted in significant value creation for its shareholders. During this same period, significant investments have been made in the existing store network, new stores, the laboratory, warehouse and distribution centre.

NVG was a publicly traded company listed on the Toronto Stock exchange until its privatization in May 2021. The principal shareholders of NVG following the privatization transaction are FFL Partners (“FFL”), a San Francisco based private equity firm and Caisse de dépôt et placement du Québec (“CDPQ”). FFL has a solid track record of investing in and building leading eye care and optical retail business, including Eyemart Express, an optical retailer in the United States and EyeCare Partners, one of the leading vision care providers in the United States and former portfolio company of FFL. FFL is expected to significantly contribute its past experience and expertise in the optical space to NVG’s successful expansion in the United States market. CDPQ is a strong supporter of Quebec based companies and is an investor in NVG for the long-term. CDPQ’s diverse presence in the health care (including eye care) services sector includes a previous investment in NVG in 2019. More importantly, CDPQ’s involvement serves as an anchor to NVG’s Quebec roots and helps to ensure NVG’s future in Quebec.

In 2022, New Look Vision Group has been awarded the prestigious “Canada’s Best Managed Companies” status after a thorough audit and selection process conducted by Deloitte Canada.

Position Summary

The accounting analyst is able to take an unstructured business problem and produce, in collaboration with its business partner, recommendations along with a plan of action which could include an organizational change, a process change, modifications to or implementation of new technology, or a combination of all.

Main Responsibilities

  • Importation and validation of sub system interfaces of Newlook (Sales batch)
  • Review and reconcile store sales data, and payment methods of one banner
  • In charge to post journal entries of Payroll of various banners
  • Reconcile various general ledger accounts, primarily cash accounts, sales Tax (GST-QST), payroll GL, Accruals, Receivables, Prepaids
  • Manage full month end closure of a large banner(s)
  • Manage the Fixed asset module & create Fixed Asset ID
  • In charge of various Bank Reconciliations
  • Prepare all monthly journal entries (prepaids, accruals, fixed assets)
  • Ensures all financial data is posted to the GL
  • Files GST/QST returns of banners & additional legal entities recently acquired
  • Manage entries in Interco GL and to balance with other banners
  • Manage the posting of Tax provision at month-end and all statements received from government
  • Participate in the preparation of work files for the financial Year-end and the month-end
  • Help in the process of verification of Revenu Quebec and CRA

Required Qualifications

  • Bachelor (an asset) or College degree in accounting or equivalent
  • 4-5 years of accounting experience or similar position
  • Bilingual – French and English spoken and written
  • Advanced knowledge of Excel and Outlook (an asset) with formulas of SumProduct, Vlookup, Pivot Tables
  • Knowledge of Great Plains an asset or ERP system
  • Able to meet deadlines
  • Adaptability and flexibility – as company is growing strongly
  • Good team spirit
  • Strong analytical and organizational skills
  • Experience in the retail sector is an asset
  • Autonomous and responsible
  • Ability to work under pressure and according to daily priorities
  • Strong communication skills and excellent interpersonal skills

WHY NEW LOOK VISION GROUP

  • To work with motivated and passionate teams;
  • To have a complete collective insurance group, which can cover, among other things, dental care;
  • To access to an innovative telemedicine program;
  • Choose a free pair of glasses each year;
  • To have access to discounts and rebates for your family and friends;
  • Work with flexibility, in the office or at home, according to the priorities and the needs of the team;
  • Free parking