Financial Compliance Manager

4 weeks ago

Hamilton, Ontario, Canada Ingersoll Rand Full time
Company Overview:

Ingersoll Rand is dedicated to fostering a diverse workforce that mirrors the communities we serve. We value all qualified candidates and ensure equal employment opportunities without discrimination based on age, ancestry, color, gender identity, marital status, national origin, physical or mental disability, race, religion, sex, sexual orientation, or any other characteristic protected by law.

Position Summary:

The primary responsibility of the Financial Compliance Manager is to uphold the accuracy, integrity, and punctuality of financial reporting while offering strategic insights to enhance financial performance.

Key Responsibilities:
  • Budgeting and Forecasting: Develop and oversee divisional budgets and forecasts, delivering insights and recommendations to senior leadership to facilitate informed decision-making.
  • Inventory Oversight: Manage inventory valuation, reconciliation, and control processes, ensuring adherence to company policies and accuracy.
  • Internal Control Framework: Design and implement robust internal control procedures to protect company assets and ensure compliance with regulatory standards.
  • ERP System Utilization: Leverage the Global Shop Solutions ERP system for financial transactions, reporting, and analytical purposes.
Strategic Initiatives:

Collaborate with senior management to formulate and execute strategic initiatives aimed at driving sustainable growth and profitability within the division.

Stakeholder Engagement:

Effectively communicate financial performance, risks, and opportunities to stakeholders, providing clear and actionable insights to support strategic decision-making.

Ad Hoc Financial Analysis:

Conduct financial analyses to support ad hoc decision-making and implement corrective actions in collaboration with other department managers and support from the Site Manager.

Qualifications:
  • Fluency in written and spoken English is essential.
  • Experience in a manufacturing environment, particularly within the industrial equipment sector, is preferred.
  • Strong expertise in financial analysis, budgeting, and forecasting.
  • Comprehensive knowledge of GAAP principles and financial reporting standards is a significant advantage.
  • Experience with mergers and acquisitions is considered an asset.

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