Financial Controller (Contract)

POSITION: Financial Controller – 1-year contract, 20-25 hours/week

LOCATION: Windsor, NS, although this role could be on-site, remote, or hybrid

REMUNERATION: $38 - $48/hour depending on experience and qualifications.

APPLICATION: Please send resume and cover letter to Suzanne Sheehan, HR Generalist at suzanne.sheehan@mernova.comand include “Financial Controller” in the subject line.

CLOSING DATE: January 19, 2024

Mernova Medicinal Inc. is a cannabis production facility located in Windsor, Nova Scotia. We grow high-quality cannabis, and package and ship end-products (pre-rolls, pouches, and vapes) to retail stores across Canada. We are proud to have our products in 9 provinces across Canada and in the Yukon!

Mernova is currently seeking a Financial Controller for a 1-year contract, 20-25 hours/week. Independent contractors/consultants are welcome to apply.

The Controller firstly reports to the Managing Director of Mernova (based in Windsor, Nova Scotia), and secondly to the CFO of our parent company, Melodiol Global Health Inc., based in Sydney, Australia.

The Controller’s principal purpose is to protect and create value in Mernova through understanding, recording, analyzing, interpreting, and communicating all relevant financial data. Together with the CFO, the Controller will run Mernova’s management and financial accounting controls, compliance, and reporting according to Melodiol Group policies and reporting requirements and to take financial accounting, compliance, and reporting responsibility for other Canadian subsidiary companies in the Melodiol Group as directed by the CFO.

Duties and Responsibilities:

• Oversee financial accounting team and lead monthly, quarterly and year end closing procedures and reporting, in accordance with IFRS accounting standards.
• Ensure regulatory and statutory reporting is completed for Canada Revenue Agency, Health Canada, and applicable provincial agencies.
• Manage day to day cash flow and working capital required in conjunction with local and group management.
• Responsible for inventory management and valuation through application of the company’s Cultivation Model.
• Lead and mentor the finance team.
• Analyze and interpret quantitative and financial data to identify opportunities for continuous improvement in processes, efficiency, and profitability.
• Maintain continuous knowledge of business operations, Key Performance Indicators, customers, suppliers, and strategic objectives.
• Support capital expenditure decision making with analysis and data-based recommendations.
• Coordinate the planning, assessment, review and reporting of the annual budget.
• Oversee the financial accounting and regulatory reporting for other Melodiol subsidiaries located in Canada.
• Ensure effective financial compliance, risk management and controls at all sites, including compliance with accounting standards in Canada and Australia, local and international laws and regulations (e.g., ASX Listing Rules).
• Manage the annual audit and half yearly financial review, in accordance with ASX, Audit Committee and CFO requirements.

The ideal candidate

• Has a minimum of 5 years’ experience at a controller level, preferably in a manufacturing facility, across all aspects of financial and management accounting, management reporting, and tax compliance.
• A CPA designation is preferred but is not required.
• IFRS experience is preferred but is not required.
• Experience implementing and optimizing effective financial accounting platforms and reporting in a multi-company, multi-country group context.
• Possesses excellent analytical skills, and insightful management and financial reporting capabilities.
• Has a continuous improvement mindset.
• Is flexible, agile, and versatile with a desire to grow with the business.
• Is a strong communicator, possessing written and verbal communication skills to build collaborative relationships.
• Ability to obtain Health Canada Security Clearance is required.
• Experience with Sage IntAcct is an asset.

Job Types: Part-time, Fixed term contract

Salary: $38.00-$48.00 per hour

Expected hours: 20 – 25 per week

Benefits:

• Dental care
• Extended health care
• Paid time off

Flexible Language Requirement:

• French not required

Schedule:

• Monday to Friday

Work Location: Hybrid remote in Windsor, NS B0N 2T0