Financial Controller

2 weeks ago


Toronto, Canada Power Staffing Solutions Full time

Overview:The Controller will play a key role in maintaining the financial health of the company by assisting in the management of accounting and financial operations. This position involves overseeing day-to-day financial activities, ensuring compliance with accounting standards and regulations, and collaborating with cross-functional teams to support the company's financial objectives.KEY RESPONSIBILITIES:Financial Reporting and Analysis:Prepare accurate and timely financial statements including balance sheets, income statements, and cash flow statements.Conduct financial analysis, variance analysis, and provide insight to support decision-making by senior management.Assist in the development of financial reports and dashboards for monitoring key performance indicators (KPIs).Accounting Operations:Supervise and review the work of the accounting team, including accounts payable, accounts receivable, and general ledger activities.Ensure adherence to accounting principles, policies, and procedures.Oversee the month-end and year-end close processes to ensure accuracy and completeness of financial records.Financial Controls and Compliance:Assist in the establishment and maintenance of internal controls to safeguard company assets and maintain the integrity of financial data.Ensure compliance with GAAP (Generally Accepted Accounting Principles), tax regulations, and other financial reporting requirements.Assist with external audits, including providing necessary documentation and addressing audit inquiries.Budgeting and Forecasting:Collaborate with the finance team to support the annual budgeting process.Assist in the development of financial forecasts and projections.Monitor budget performance and provide recommendations for adjustments as needed.Process Improvement:Identify opportunities for process improvements and efficiencies within the finance department.Participate in the implementation of new financial systems or tools to enhance productivity and accuracy.Cross-Functional Collaboration:Work closely with other departments, including procurement, operations, and sales, to ensure alignment on financial goals and reporting requirements.Collaborate with external stakeholders, such as auditors, tax advisors, and regulatory agencies, as needed.Training and Development:Mentor and develop finance team members to enhance their skills and knowledge.Stay current with accounting and financial industry trends and regulations and share insights with the team.Additional responsibilities and special projects to be provided on an ongoing basis.KNOWLEDGE AND SKILLSExcellent analytical, problem-solving, and organizational skills.Detail-oriented with a high degree of accuracy in financial data analysis and reporting.Effective communication skills, both written and verbal.Ability to work collaboratively in a team and lead by example.EDUCATION/EXPERIENCEBachelor's degree in finance, accounting, or a related field; CPA certification is preferred.7 years of progressive experience in accounting and finance roles.Strong understanding of accounting principles, financial regulations, and reporting standards.Proficiency in financial software and systems including Quickbooks (e.g., ERP, Excel).


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