Swegon Group

Swegon North America is a market leading supplier in the field of indoor environment solutions, offering superior products for ventilation, heating, cooling and climate optimization. Swegon is at the forefront of innovation, connected services and expert technical support. Swegon's values ofCustomer Empathy, Trust, and Commitment go beyond technology. These values are the pillars upon which we build every interaction, solution, and partnership.

At Swegon, we believe that people who feel good inside don't just perform better - they thrive. This is a great time to join our growing company where excellence meets innovation in every climate solution we deliver. Join us on our mission to redefine excellence in the HVAC industry.

American Geothermal was founded in 1981 and manufactures custom heating and cooling equipment in partnership with a global leader, Swegon Group a Swedish company.

Why Join American Geothermal and what we offer

• Opportunity to contribute to a growing, innovative company.


• High-impact role influencing operational and financial outcomes.


• Collaborative environment with strong leadership support.


• Focus on continuous improvement and modernization of finance capabilities.


• Competitive compensation package.


• CPA support and continuing education.


• A culture that values service, excellence, and people.

Position Summary

The Senior Accountant is responsible for establishing and leading the accounting function for American Geothermal (part of the Swegon Group), with a strong focus on cost accounting, transactional process integrity, and financial controls.

This role will build and standardize core accounting processes, ensuring accurate, timely, and reliable financial results in a manufacturing environment. It will also enhance financial analysis and reporting capabilities to support operational and strategic decision-making.

The ideal candidate is hands-on, detail-oriented, and experienced in manufacturing cost accounting, with the ability to implement structures where processes are still developing.

Cost Accounting & Inventory Management

• Lead all cost accounting activities, including:


• Standard costing development and updates


• Inventory valuation and reconciliation


• Cost of goods sold accuracy


• Perform detailed variance analysis (material, labor, overhead) and investigate root causes.


• Ensure accurate tracking of production costs and alignment with financial reporting


• Oversee inventory counts and reconciliation processes.

Financial Close & Transaction Accuracy

• Own month-end close for all accounting areas, ensuring completeness and accuracy.


• Review and approve journal entries, reconciliations, and account analysis.


• Ensure transactions are recorded in compliance with accounting standards and company policies.


• Identify and resolve discrepancies in financial results.

Controls & Process Improvement

• Design, implement, and strengthen internal controls over:


• Inventory


• Costing


• Revenue and expenses


• Assess current processes and implement improvements to reduce risk and errors.


• Establish clear, repeatable workflows for transactional activities (AP, AR, inventory, costing).


• Support compliance with internal policies and external reporting requirements.

Transactional Process Ownership

• Standardize and improve end-to-end accounting processes, including:


• Order-to-cash


• Procure-to-pay


• Inventory and production accounting


• Partner with operations and supply chain teams to ensure transactions reflect business reality.


• Address system or process gaps that limit data reliability.

Financial Reporting & Analysis

• Prepare and deliver accurate monthly financial statements and supporting schedules.


• Develop clear, actionable reporting on:


• Product and project profitability


• Cost trends and operational drivers


• Provide variance analysis and insights to support management decision-making.


• Build reporting that connects operational activity to financial results.

Analytics & Decision Support

• Enhance financial analytics capabilities, including:


• Margin analysis by product or project


• Cost driver analysis


• Forecasting and scenario modeling


• Translate financial data into insights that improve pricing, cost control, and operational efficiency.


• Support budgeting and forecasting processes.

Systems & Data Integrity

• Work with ERP and reporting systems to improve:


• Data accuracy


• Cost tracking


• Reporting efficiency


• Support system improvements and integration efforts related to accounting and cost data.

Qualifications & Experience

• CPA (or equivalent) preferred.


• 5+ years of accounting experience, including manufacturing cost accounting.


• Strong understanding of:


• Inventory accounting.


• Standard costing and variance analysis.


• Financial controls and process design.


• Experience working in environments with developing or changing. systems/processes


• Advanced Excel skills and experience with ERP systems.


• Strong analytical skills and ability to translate data into practical business insights.


• Hands-on, proactive, and comfortable building structure from the ground up.

Key Success Factors

• Ability to bring structure and discipline to accounting processes.


• Strong attention to detail and commitment to accurate financial reporting.


• Effective collaboration with operations and non-financial teams.


• Ability to turn complex data into clear, decision-ready insights.


• Continuous focus on process improvement and control effectiveness.


• Why Join American Geothermal and what we offer


• Opportunity to contribute to a growing, innovative company.


• High-impact role influencing operational and financial outcomes.


• Collaborative environment with strong leadership support.


• Focus on continuous improvement and modernization of finance capabilities.


• Competitive compensation package.


• CPA support and continuing education.


• A culture that values service, excellence, and people.

Want to work with skilled people at the top of their game and play a part in developing state-of-the-art solutions? Picture yourself at Swegon North America, a workplace that celebrates diversity, encourages collaboration, and listens to your ideas. Join us and discover how work can be both fulfilling and fun.

At Swegon North America we prioritize and value equity, diversity and inclusion. We are an equal opportunity employer and are proud of our diverse and inclusive workplace culture where everyone is welcome.

In accordance with the Ontario Human Rights Code, the Accessibility for Ontarians with Disabilities Act (AODA) and the Americans with Disabilities Act (ADA), Swegon North America offers reasonable accommodations for prospective candidates and employees with different abilities. Accommodations are available by request for candidates taking part in the selection process. If you require a specific accommodation, please contact our Human Resources Department at 416-291-7371.