Financial Controller Assistant

2 weeks ago

Vaughan, Ontario, Canada Sherwood Electromotion Inc Full time

We are seeking a highly skilled Financial Controller Assistant to support our team at Sherwood Electromotion Inc. in providing accurate financial information to the Board of Directors.

Key Responsibilities:

  • Assist the Financial Controller in managing accounting operations, including reviewing journal entries, payroll, accounts payable, accounts receivable, and statutory reporting.
  • Establish and monitor internal controls to ensure compliance with legal, regulatory, and company policies and procedures.
  • Prepare, analyze, and present monthly, quarterly, and annual operating results for each department.
  • Work with the Financial Controller and operations team to define, measure, analyze, improve, and control current processes impacting customer quality and internal operating efficiency.
  • Provide strategic analysis to drive improved decision-making.
  • Collaborate with external auditors, the audit committee, and the Board of Directors.
  • Prepare and present financial information for quarterly and annual reports.
  • Assist with foreign exchange transactions management.
  • Aid the Financial Controller in managing the research and development program for CRA and accounting requirements.
  • Work with the sales team on product pricing, costing, and margins.
  • Ensure the accuracy and timeliness of financial information.
  • Implement and manage internal financial policies, processes, and procedures.
  • Provide guidance on all accounting matters, including financial systems, record-keeping, analysis, and reporting.
  • Assist the Financial Controller in setting priorities within the accounting group.
  • Coordinate the year-end audit and preparation of audited financial statements.
  • Coordinate all other customer and government audits.
  • Prepare monthly financial statements and external reporting to financial institutions, ensuring all reporting requirements are met.
  • Prepare all other financial reporting to various companies and agencies (Bank, Insurance, Stats Can, etc.).
  • Generate reports of performance against budgets.
  • Support new systems or project selections and implement them from a strategic finance and internal control perspective.
  • Ensure rapid and consistent collection of receivables by refining and implementing control mechanisms.
  • Authorize cheques, purchase orders, and invoices.
  • Work with the Financial Controller to promote and maintain positive corporate relations with the financial community, formulating accounting policies, procedures, and controls.
  • Hiring, training, mentoring, and supervising accounting staff.
  • Other related duties and responsibilities.

Requirements:

  • Bachelor's Degree in Business/Accounting, with an advanced degree or professional designation (such as CA, CPA, CGA, CMA) preferred.
  • Extensive experience and knowledge of corporate accounting and financial management aspects.
  • Thorough knowledge of relevant Federal, Provincial, and local requirements regarding financial records, pension, profit sharing, and the like.
  • Proficient communication, interpersonal, and organizational skills.
  • Experience overseeing audits performed by external audit firms.
  • Financial analysis, budgeting, and strategic planning experience.
  • Knowledge of accounting principles, practices, and applications, budget preparation, and analysis techniques.
  • Advanced knowledge of MS Office and Excel, with the ability to adapt to and learn new software.
  • 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.
  • Good problem-solving skills and the ability to make necessary decisions to move the work forward.
  • Knowledge of ERP computer systems is an asset.
  • Able to work efficiently as part of a team and 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.

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