Controller

2 weeks ago


Etobicoke, Canada Lifeist Wellness Inc. Full time

**Title**: Controller

**Salary**: CAD 120,000-140,000

**Location**: Etobicoke, ON. Hybrid

**Who We Are**:
CannMart is a Canadian Licensed Cannabis Producer and one of only few BHO Extraction spaces in Canada, offering a state-of-the-art facility located in Etobicoke, Ontario.

CannMart was Canada’s first sales-only non-production license, before entering the market with house-made products in 2021 including Roilty, BHO extracts and vapes, as well as Rilaxe dried-fruit edibles, a conscious alternative to cannabis confectionary.

**Who You Are**:
**Responsibilities**:

- Provide leadership and supervision to the finance team in the preparation of monthly journal entries, accruals, GL closing, balance sheet reconciliations and other month/quarter/year activities
- Prepare monthly financial reports along with a narrative for management ensuring the integrity of the financial statements. You will lead the monthly analysis of actuals vs. budget and prior years
- Prepare detailed profit and loss statement analysis with focus on gross profit, provide recommendations for productivity, profit improvement and cost containment activities
- Oversee the cash management functions and ensure inter-company accounts are reconciled
- Oversee the monthly/annual tax filing requirements and monthly remittances to the government in multiple jurisdictions
- Lead the preparation of the annual budget and monthly/quarterly forecasts across all functions and provide ongoing assessments of financial performance against these plans
- Ensure the reliability and effectiveness of internal controls over financial processes
- Create full financial transparency to all stakeholders and recommend appropriate courses of action when results differ from plan.
- Understand the business, operations, key drivers, and success factors.
- Challenge mgt. and staff to drive operational efficiencies and accurate forecasting.
- Focus on cost controlling & reduction initiatives and ensure that unfavourable variances are addressed in a timely manner.
- Prepare/review quarterly external financial statements and MD&A;
- Review and present weekly KPI metrics to Sr. Management;
- Prepare monthly and quarterly reporting packages
- Lead and coordinate annual external audits, CRA audits and other regulatory requests

**Qualifications**:

- A Chartered Professional Accountant (CPA) designation required
- A minimum of 3 years of broad and progressively responsible experience as a Controller of 5plus years working as a Senior Analyst
- Working knowledge and understanding of Quickbooks
- Experience in the Cannabis industry considered an asset
- M&A experience and startup business experience considered an asset
- Experience with forecasting and budgeting process
- Strong business acumen
- Outstanding communication and strong work ethic and professional integrity
- Demonstrated leadership ability, confidence and executive presence to hold business leaders accountable to budgets and forecasts
- A detailed orientation with strong analytical and problem-solving skills
- Excellent listening, verbal and written communication skills, and ability to clearly present quantitative and qualitative information to all levels of management
- Experience working in a fast-paced environment and ability to collaborate with multiple divisions in the company
- Proven experience collaborating with sales and supply chain teams

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