Controller
7 months ago
**Exciting Opportunity at RHK: Join Our Growing Team**
Are you ready to be part of something bigger? Are you Humble, Hungry and Smart? RHK is on the rise and searching for dedicated individuals to join our team. If you thrive in a dynamic culture that values growth, inclusivity, and teamwork then RHK is the perfect fit for you Join us now and become an essential part of our team
**Why Choose RHK?**
At RHK, you're not just an employee - you're a vital member of the RHK Team.
**What's in it for You?**
Joining RHK comes with a range of benefits and perks that make your experience even more rewarding:
- Explore our in-house training programs
- Benefit for companywide profit-sharing plan
- Cash in from our Employee Referral Bonus Program
- Access apprenticeship support for continuous growth
- Keep safe with our Boot Allowance and Eye Safe Program
- Embark on a journey of career development
- Enjoy competitive pay that recognizes your worth
- Stay secure with comprehensive group benefits
- Connect with colleagues through company events
**Summary**
As a member of the leadership team, the Controller will be involved in strategic execution and leading the finance and administration department. They are responsible for hands-on involvement in day-to-day operations and supervision of staff in managing all financial and administrative aspects of RHK Hydraulic Cylinder Services Inc. This position is responsible for the efficient and accurate capture of financial information, reporting, modelling and reconciliation, all compliance, budget and variance analysis, and year-end review. This position will also be responsible for leading ongoing reviews of business processes using operational metrics and reports.
**Job Responsibilities & Duties**
Strategy
- Prepare RHK’s strategic plan, including risk minimization and opportunity forecasting in coordination with the leadership team. Ensure 3-to-5-year goals are documented and the upcoming year goals are broken down into quarterly goals with actions to meet the goals clearly defined.
- Prepare annual budget in coordination with department managers & the leadership team. Collect, analyze and consolidate financial data ensuring alignment with quarterly and annual goals.
- Prepare quarterly forecast updates in coordination with department managers.
- Conduct due diligence on major transactions.
- Identify efficiencies and opportunities for cost reduction and revenue generation.
Capital Structure
- Ensure financing as required.
- Monitor debt / equity ratio.
- Administer loan agreements ensuring compliance to covenants and reporting.
- Ensure all loan payments are made per loan schedules.
Policy & Procedure
- Develop and update company policies and procedures for accounting, receivables, payables, risk management, employee expenses, payroll, administration and others as identified.
- Document procedure flow charts identifying internal controls.
- Ensure process documents are created for key processes.
- Develop and update any forms for accounting, payroll, expense management etc.
Reporting & Compliance
- Prepare month, quarterly and annual financial statements including summarizing financial data, KPIs, trends and variance analysis.
- Prepare quarterly Board Package and report to the Board.
- Weekly cash flow reporting, ensuring compliance with policy for banking transactions.
- Bank Reconciliation reporting.
- Ensure compliance with local laws and regulations including tax legislation, labour legislation, industry regulations and ASPE. Ensure all remittance and reporting requirements are met.
- Monitor policies, procedures and internal controls to ensure compliance.
- Ensure Annual Financial Statements and Tax Returns are prepared by the external auditor.
- Ensure GST returns, WCB returns, and any other required returns are prepared for their respective due date.
Accounting
- Oversee Accounts Receivable, Accounts Payable & Payroll.
- Ensure all invoices and journal entries are appropriately approved, coded and posted to the accounting system. Ensure appropriate records management.
- Ensure accuracy of payroll processing, payments, approvals and record management.
- Oversee banking ensuring optimal cashflow and internal control over outflows and inflows.
- Oversee credit and collections ensuring compliance with 60-days and 90-days aged targets.
- Review WIP calculations to improve accuracy. Improve WIP process.
- Monitor inventory levels, transactions and counts.
- Ensure all balance sheet accounts are reconciled monthly and working papers are saved to the accounting drive.
- Oversee Capital Assets management, and depreciation. Ensure appropriate records management.
- Prepare for and oversee year end external audit.
- Prepare monthly tax provision and update with yearend audit.
Risk Management
- Oversee annual insurance renewal reviewing all documentation and providing required information to the Insurance broker.
- Ensure adequate insurance for building, conten
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