![MacDon Industries Ltd.](https://media.trabajo.org/img/noimg.jpg)
Director, Accounting And Finance
4 weeks ago
As a member of the Senior Executive Group for MacDon this position is responsible for directing the accounting, finance and tax functions for the MacDon group of Companies (MacDon) while monitoring and reporting their financial performance and ensuring generally accepted accounting principles (IFRS) are complied with for all reporting initiatives. In addition, this position establishes and maintains procedural accounting standards and provides advice and accounting support to the Companies.
PRIMARY JOB RESPONSIBILITIES:
- Coordinate and administer financial plans for the MacDon, including profit planning, sales forecasts, expense budgets, cost standards, saving opportunities and capital expenditures.
- Provide MacDon and Linamar with timely and relevant financial data to support management in understanding the financial performance of the company, and support management’s strategic decision making.
- Propose and monitor expenditure authorization levels.
- Oversee and direct the preparation of budgets, financial statements and analysis of operations for each entity and on a consolidated basis. Report and forecast the organization’s business activity and financial position in areas of income, expenses and earnings, non-cash working capital and Capex based on past, present and expected operations.
- Oversee and direct the preparation of government and tax filings.
- Preparation of all accounting ledgers, organizational reports and other financial reports, with supporting detail or sub-ledger files and records. Achieve accurate accounting classification of expenditures to ensure that inventory and manufacturing costs are accurate. Analyze operating results; highlight areas for improvement and make recommendations to management.
- Preparation and/ or review of monthly journal entries, month and year-end financial statements, cash flow projections, department budgets, business plans, corporate tax records, customer accounting files, invoicing, etc.
- In conjunction with Linamar plan, monitor and ensure cash flow and respective company cash positions within the MacDon group are appropriate.
- Ensure adequate internal controls are in place and compliant with GOS (Linamar Corporate Governance Policies) for financial accounting systems and records. Develop and maintain accounting procedures. Analyze existing procedures and processes to maintain and improve efficiencies.
- Safeguard the organization’s assets through monitoring, assessment and control strategies
- Oversee all monthly, quarterly and year-end closings including the year-end audits and the preparation of internal financial statements.
- In conjunction with Linamar, advise management regarding insurance coverage for protection against property losses and potential liabilities and assist as appropriate in the negotiation process of annual renewal premiums.
- Manage and direct Accounting & Finance staff to foster a positive work environment and lead all Human Resource functions within the position’s areas of responsibility.
- Authorize and approve all budgets and expenditures for the department.
- Define and recommend departmental objectives, develop short and long term plans and programs together with supporting budget requests and financial estimates.
- Develop and implement applicable department policies, systems and procedures, while ensuring that productivity levels are met and maintained.
- Participate in Linamar Global Financial Strategic Initiatives and FET (Financial Executive Team) activities and meetings.
- Ensure the department maintains MacDon’s environmental, health & safety, recycling, sustainability and quality assurance policies and standards, as well as all governing legislative requirements.
- Perform other Director duties as required.
QUALIFICATIONS:
Education and Experience
- Minimum university degree with a major in Accounting, Finance or a related program.
- Minimum ten years of post-designation accounting experience at the managerial or director equivalent level, overseeing all aspects of accounting & finance
- Knowledge of manufacturing and experience in agricultural business are assets.
- Industry experience in corporate audit, risk management, generally accepted accounting principles (IFRS) and regulations governing business accounting.
Skills and Knowledge
- Advanced computer skills coupled with experience utilizing accounting software.
- Exceptional organizational, motivational and communication skills. Knowledge and experience working with Oracle JD Edwards software would be a benefit.
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