Financial Controller

4 days ago

Montréal, Canada Buddha Brands Full time

**GET TO KNOW US**:
At Buddha Brands, we exist to **redefine what it means to live well**. Plant powered nutrition that is good for our bodies, our taste buds, and our planet. Our portfolio consists of Thirsty Buddha beverages and Hungry Buddha snacks. We believe that by helping our world be healthier, it can be more sustainable too. Our company culture is guided by a vibe we call, **THE BUDDHA WAY**, which is all about being curious, self aware and humble. We seek team members with a growth mindset, that are passionate about treating people and our planet as a number one priority, while building and growing memorable experiences and relationships along the journey. We are Powered by Plants and Fuelled by Purpose - come join us

**WHAT WILL YOU DO?**

Reporting to the CEO, the Financial Controller will play a vital role in the overall success of the company. As the Financial Controller, you will play a pivotal role in overseeing our financial operations and ensuring the accuracy and integrity of our financial data. Your expertise will be essential in guiding strategic decision-making and maintaining regulatory compliance.

**As the Financial Controller your primary responsibilities include**:
**Financial Reporting and Analysis**:

- Prepare and present accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.
- Conduct thorough financial analysis to provide valuable insights into the company's financial performance and identify areas for improvement.
- Collaborate with department heads to review budgets and ensure alignment with financial goals.

**Budgeting and Forecasting**:

- Lead the annual budgeting process, working closely with department leaders to establish realistic financial targets and monitor adherence throughout the year.
- Develop accurate financial forecasts based on market trends, historical data, and business objectives to aid in strategic planning.

**Financial Compliance and Internal Controls**:

- Establish and maintain robust internal controls to safeguard company assets and ensure compliance with relevant accounting standards and regulations.
- Coordinate with external auditors during annual audits to facilitate a smooth and efficient audit process.
- Stay updated on changes in financial regulations and implement necessary adjustments to ensure compliance.

**Payroll and Employee Group Insurance Management**:

- Oversee and manage payroll processes, ensuring accurate and timely payment to employees in compliance with applicable labor laws and company policies.
- Administer employee group insurance plans, working with HR to ensure proper enrollment, coverage, and timely premium payments.

**Corporate Insurance and Risk Management**:

- Review and manage corporate insurance policies to protect the company from potential risks and liabilities.
- Collaborate with insurance providers and brokers to optimize coverage and negotiate competitive premiums.

**Tax Compliance**:

- Ensure the company's tax compliance by staying up-to-date with tax laws and regulations.
- Oversee the preparation and filing of tax returns, including income tax, sales tax, and any other applicable taxes.

**Month-End Closing**:

- Lead and coordinate the month-end closing process, ensuring the timely and accurate recording of financial transactions.
- Review and reconcile general ledger accounts to maintain accuracy and resolve any discrepancies.

**Foreign Exchange Hedging Strategy**:

- Develop and implement effective foreign exchange hedging strategies to mitigate currency exchange rate risks, especially for international transactions.
- Monitor foreign exchange markets and adjust hedging strategies as needed to protect the company's financial interests.

**Cash Management**:

- Manage cash flow to optimize liquidity while minimizing unnecessary costs and risks.
- Monitor banking activities, initiate fund transfers, and maintain relationships with financial institutions.

**Team Leadership and Development**:

- Oversee and mentor a team of 2 finance professionals, fostering a collaborative and high-performing work environment.
- Identify training needs and provide opportunities for skill development to enhance the team's capabilities.

**Financial Strategy and Decision Support**:

- Collaborate with the CEO and executive team to develop long-term financial strategies that align with the company's objectives.
- Provide financial insights and recommendations to support decision-making on potential investments, acquisitions, and other business opportunities.

**ERP System Management**:

- Oversee the implementation and maintenance of the company's ERP system, ensuring data accuracy and system integrity.

**WE WANT YOU IF YOU HAVE**
- Bachelor's degree in Accounting, Finance, or a related field. CPA or CMA certification is preferred.
- 3+ years of proven experience in a Financial Controller, finance manager, or similar role.
- Solid knowledge of financial accountin

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