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Financial Controller

4 months ago

Barrie, Canada Summit Search Group Full time

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About Our Client:

Our client is a leading global manufacturing company. The (hybrid) work location is at the south side of Barrie, very easy access off the 400 highway.

Position Scope:

As the in-house financial expert, the Financial Controller will have an operational and business focused mindset, that will be responsible for timely and accurate financial management within the Company. This role will be responsible for leading the Finance team in Accounting Operations, production of periodic financial reports, and maintenance of accounting records.

Responsibilities:

  • Establish and implement consistent guidelines, processes and procedures within the accounting department.

Reporting

  • In partnering with the CFO, establish financial and operating benchmarks, budgets, and reporting standards on biweekly, monthly, and annual basis.
  • Prepare and present comprehensive financial reports and risk analysis with Senior Leadership Team by evaluating, analyzing, and reporting appropriate data points.
  • Lead Month-end and Year-end closing processes and preparation of financial statements.
  • Leading daily cash management and on-going cashflow reporting.
  • Evaluate the business’s state, identify issues, and advise on the impact of long-range planning and growth strategies.

Management

  • Oversee and support the operations of the Accounting Team and assisting with ongoing tasks including:
  • Day-to-day cash management
  • AR / AP
  • Oversight of Payroll GL – vacation accrual, liabilities, and accrual management
  • Month end cycle
  • Audit Preparation
  • Ensure Accounts Payables are paid / Accounts Receivables are entered and collected, in a timely manner.
  • Continually improve the budgeting process by educating senior leaders/managers on financial issues impacting their budgets.
  • Maintain and manage accuracy of the general ledger.
  • Monitor expense control variances from the budget and report any significant issues to the CFO.
  • Ad hoc reporting and collaboration and cross-functional support across the business.

Compliance

  • Develop and enforce internal controls to safeguard company assets, policies, procedures, and workflows.
  • Monitor cash flow and execute weekly bank deposits.
  • Responsible for advising on current compliance, regulations, practices, tax laws, reporting requirements and industry trends.

Required Skills and Knowledge:

  • Strong understanding of economic principles, financial markets, and banking.
  • Reliable, organized, and able to focus attention on details.
  • Ability to multi-task in a fast-paced environment.
  • Demonstrated ability to work independently, while collaborating with the Finance team and cross-departmentally.

Education and Experience:

  • Bachelor’s degree in Accounting, required.
  • Professional certification, such as CPA or CMA required.
  • A minimum of 10-15 years of progressive experience in an accounting department.
  • Experience working within a manufacturing, logistics or CPG setting, preferred.
  • Proven experience in developing, presenting, and implementing strategic plans and budgets at a senior level.
  • Experience using ERP systems, NetSuite, an asset.

Summit Search Group is a fair and equitable search firm. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the recruitment and selection process.

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