Financial Controller

2 weeks ago

Stratford, Canada Steed Standard Transportation Full time

**About us**

Steed Standard Transport (SST) is a family-owned and operated business spanning four generations. Headquartered in Stratford, Ontario, we are proud to be one of the most recognized and dependable transportation companies in Canada.

With over 110 years on the roads, our on-time deliveries, competitive pricing, outstanding customer service, and exemplary safety record are just a few of the reasons why our customers keep coming back.

We are currently seeking a talented and professional _**Financial Controller**_ to join our team.

The Financial Controller will direct and oversee the financial activities of the corporation, direct the preparation of current financial reports and summaries, and prepare budgets and forecasts.

**Reports To**:The President of Steed Standard Transport

**Job Type**: Full-time; Permanent, On Location

**Job Location**: Stratford, ON

**Supervisory Responsibilities**:

- Oversee Accounting department, budget preparation, and audit functions.
- Work with other department heads to monitor each department and make recommendations.

**Job Duties/Responsibilities**:

- Direct the preparation of all financial statements, including income statements, balance sheets shareholder reports, tax returns, and governmental agency reports, for operating and property companies.
- Compare sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
- Perform weekly Driver pay audit and bi-weekly payroll.
- Issue Records of Employment when required.
- Perform weekly bank reconciliations.
- Manage accounts receivable, including collections.
- Record and pay suppliers/accounts payable.
- Work with clients’ digital systems to accept, reject and update load tenders.
- Analyze operations to identify areas in need of reorganization, downsizing, or elimination.
- Work with the President and other executives to coordinate planning and establish priorities for the planning process; Reviews planning process and suggests improvements to current methods.
- Study long-range economic trends and project their impact on future growth in sales and market share.
- Identify opportunities for expansion into new product areas.
- Oversee investment of funds and works with bankers to raise additional capital required for expansion.
- Provide strategic management of the accounting and finance functions.
- Direct accounting policies, procedures and internal controls
- Recommending improvements to ensure the integrity of financial information.
- Manage and oversee all financial affairs for the organization.
- Oversee financial systems implementations and upgrades.
- Identify and manage business risks and insurance requirements.
- Allocate company funds accordingly to ensure each department can function at an optimal pace.
- Determine realistic goals and establish financial controls to maintain maximum productivity.
- Maintain equipment amortization schedule.
- Maintain a current job costing model and utilize it to assist with quoting new and current contract rates.
- Perform monthly accounting procedures and produce management reports.
- Prepare year-end financial reports and supporting schedules for submission to and queries from external accountants.
- Maintain compliance with all tax reporting and remitting requirements.
- Manage equipment licensing and border, highway use, toll and other regulatory compliance.
- Create crystal reports when needed, for productivity and other management reporting.
- Perform system updates as required for accounting/payroll software.

**Financial planning and analysis**:

- Set budgets, forecasts, and monitor variances for all departments, making adjustments or approving requests as needed.
- Work closely with the executive team and advise on business decisions from financial and strategic perspectives.
- Provide financial leadership in cash, risk, debt, and capital management.
- Financial modelling, cost analysis, and profitability analysis.
- Perform accounting for property company, as well as work on leases, rent rates, common charges etc.

**Required Skills & Abilities**:

- Strong leadership and managerial skills.
- Excellent analytical and organizational skills.
- Excellent written and verbal communication skills.
- Exceptional ability to monitor, allocate, and control finances.
- Proficient in budget management, public accounting, and cash flow.
- In-depth knowledge of finance, accounting, and numeracy
- Excellent analytical skills.
- Strong work ethic
- Ability to present financial analysis and projections to company stakeholders.
- Excellent problem-solving attitude and abilities.

**Education and Experience**:

- Degree in business administration, Accounting, or Finance required.
- Chartered Professional Accountant designation preferred.
- Eight to ten years of experience in financial management required.
- Cover Letter & Resume.

**Job Types**: Full-time, Perm

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