Financial Controller

Job Title

Financial Controller

Job Summary

Accountable for the organization’s finance requirements, including but not limited to the preparation and delivery of the annual Business Plan and Strategic Plan, forecasts, and plans, regulated reporting requirements for both internal and external stakeholders, supervising and mentoring the finance team, providing strategic analysis and financial models for business planning purposes and to assist in driving business decisions and strategic initiatives.

Benefits

• Hybrid work

• Annual Bonus 20%

• Defined contribution pension plan 4%

• 3 weeks’ vacation (15 days)

• 3 days of illness

• Medical services

• Dental benefits

• Vision care

• Wellness Program

• Referral Bonus Program ($1,500 CAD)

Function & Responsibilities

• Work with Leadership Team to prepare the Business Unit’s Budgets and Three-Year Strategic Plan, meeting corporate and divisional requirements and deadlines.
• Participate in the evolution of new business opportunities such as joint ventures, new product development, major supplier agreements and other business cases.
• Provide strategic analysis and financial modeling that supports the business units SPBP priorities.
• Manage and mentor finance and/or administration staff.
• Set and agree on personal objectives for finance staff; monitor and provide ongoing support to ensure achievement.
• Conduct semi-annual performance reviews.
• Encourage ongoing employee development through educational and development opportunities as available.
• Maintain succession plans in place for long term team sustainability.
• Prepare/coordinate all financial information and reports for the division, including monthly, quarterly and annual financial packages and reporting.
• Provide analysis and insight to Leadership of actual results versus plan and forecasts.
• Analyzing cash forecasts and models.
• Drive reporting improvements, streamline processes and drive innovation. Evaluate capital expenditure proposals for business and financial merit.
• Support Manufacturing Controller in providing analysis for sales and product costing, manufacturing variances, operating expenses, gross margin and contribution margin performance.
• Analyze variances of plan, forecast and actuals and recommend actions or alternatives to management.
• Evaluate contracts for financial merit and sound business practices.
• Oversee credit and collections to ensure compliance with corporate policies, procedures and for sound business practice.
• Manage relationships with suppliers to ensure compliance with corporate guidelines and to maximize benefits of cash discounts, timely payments, etc.
• Manage and monitor cashflows to ensure viability of the business and achieve KPIs (DSO/DPO targets)
• Ensure compliance with Corporate and legislated financial practices and audit requirements by implementing policies and procedures that facilitate this.
• Responsible for record keeping and utilization reporting of divisional assets, including inventory, capital assets, etc.
• Liaise with corporate and audit teams (internal and external)

Knowledge and Skills:

• Analytical skill to evaluate financial information and apply sound business logic.
• Strong interpersonal skills: ability to motivate staff to meet departmental, divisional, and corporate goals and objectives.
• Highly skilled in accounting principles (GAAP, IFRS) and business software applications.
• Bachelor's Degree--Specify: Business, Accounting
• CPA Designation
• 6-10 years’ experience as a Financial Controller is required.
• Strong knowledge with MS office more specifically Excel.
• ERP system experience is required.
• IFS system experience is not required but is an asset.