Financial Controller

7 months ago

Kitchener, Canada Formatop Manufacturing Full time

Formatop Manufacturing Company Ltd. began operations in 1967, producing one style countertop - the Classic. It answered the call for a seamless rolled front edge and backsplash countertop. Today, our products symbolize a legacy of listening to our customers. We’ve grown well beyond our origins, designing in response to our customers’ needs and providing exquisite sculptured countertop models and HPL composite panel product solutions that fit their environment, brilliantly.

We are looking for an experienced Financial Controller to oversee our Accounting team.

**Job Summary**

The Controller shall hold responsibility for managing the overall financial operations of Formatop, and will provide accurate information to the President, including analysis, budgeting, forecasting and preparing financial reports. The Controller will be responsible for directing and managing the company's accounting functions, including establishing and maintaining accounting principles, practices, and procedures as well as the preparation of financial statements and reporting to top management and externally. The Controller also maintains the company's accounting systems and implements changes as required.

**Job Duties**
- Manage the accounting operations including the review of journal entries, payroll, accounts payable, accounts receivable and statutory reporting.
- Establish and monitor internal controls to ensure that accounting activities are in accordance with established legal regulatory and company policies and procedures.
- Budgeting and forecasting.
- Prepare, analyze and present monthly, quarterly and annual operating results for each department.
- Work with operations to define, measure, analyze, improve and control current processes which impact customer quality and influence internal operating efficiency.
- Provide strategic analysis as required to drive improved decision making.
- Prepare and present financial information for quarterly and annual reports.
- Manage foreign exchange transactions.
- Work with internal personnel on product pricing, costing and margins.
- Responsible for the accuracy and timeliness of financial information
- Implementation and management of internal controls with respect to financial policies, processes and procedures
- Provides advice and guidance on all accounting matters including financial systems, record keeping, analysis, and reporting
- Sets the priorities within accounting group
- Coordinating the year-end audit and preparation of audited financial statements
- Coordinates all other customer and government audits
- Responsible for the preparation of monthly financial statements and external reporting to financial institutions, ensuring that all reporting requirements are met
- Supporting new systems or project selections and implementation from a strategic finance and internal control perspective
- Ensures rapid and consistent collection of receivables by refining and implementing control mechanisms
- Assigns and authorizes cheques, purchase orders and invoices
- Promotes and maintains positive corporate relations with the financial community
- Responsible for the formulation of accounting policies, procedures and controls
- Hiring, training, mentoring and supervising accounting staff
- Other related duties and required or assigned.

**Requirements**:

- University diploma or degree in Business/Accounting, or related field.
- Professional accounting designation (such as CA, CPA, CGA, CMA, CMT) considered an asset.
- 3-5 years experience in a similar role.
- Extensive experience and knowledge of all aspects of corporate accounting and financial management.
- Management and or supervisory experience.
- Thorough knowledge of all relevant Federal, Provincial and local requirements regarding financial records, pension, profit sharing, and the like is essential.
- Proficient communication, interpersonal and organizational skills are vital to the role.
- Experience overseeing audits performed by external audit firms
- Financial analysis, budgeting and some strategic planning experience
- Advanced knowledge of MS Office and Excel
- Knowledge of publicly traded companies
- Good project management skills and the ability to motivate teams to produce quality work within tight timeframes
- Professional written and verbal communication skills
- Knowledge of Adagio or other ERP computer systems an asset
- Excellent leadership, communication, presentation, problem solving and organizational skills are essential.
- Able to work efficiently as a part of a team as well as independently
- High level of critical and logical thinking, analysis, and/or reasoning to identify underlying principles, reasons, or facts
- Able to work well under pressure and meet set deadlines
- Good organizational, time management and prioritizing skills
- Ability to interpret and implement company policies and procedures
- Attention to detail in all areas of work

**Benefits**:

- Dental care
- Employee assistance progr

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