Financial Controller I
1 week ago
**Position**: Financial Controller
**Location**: Guelph, ON
**Reports to**: CEO
**Status**: Fulltime/ Permanent
We are seeking a Financial Controller for a diverse group of food-focused businesses spanning Quick-Service Restaurants (QSR), Full-Service Restaurants (FSR), CPG, and food manufacturing for one of our clients. With a commitment to quality, growth, and operational excellence, a dedicated professional to join our team and drive our financial integrity and strategic objectives.
**Job Summary**:
As Financial Controller, you will oversee all aspects of financial management, including corporate accounting, financial reporting, and cash flow management, as well as the development of internal control policies and procedures. You will manage a team of bookkeepers and junior accountants and ensure our financial operations are aligned with the industry’s best practices and our organization's strategic goals.
**Key Responsibilities**:
Financial Reporting & Compliance
- Prepare accurate and timely financial statements and reports, ensuring compliance with regulatory and stakeholder requirements.
- Lead month-end and year-end close processes across multiple business entities.
- Maintain the integrity of financial data and oversee financial audits as necessary.
**Budgeting & Forecasting**
- Support the CEO and CFO in developing and managing annual budgets, financial forecasts, and variance analyses.
- Partner with management to create financial models and reports that support strategic decision-making, especially for CPG and manufacturing cost accounting.
**Operational Finance & Strategy**
- Oversee daily accounting operations, including AP/AR and payroll, through the use of Xero, Dext, Plooto, and Cin7.
- Responsible for weekly cash flow management and providing weekly cash flow reports to the executive team.
- Provide strategic insights on financial performance, identify opportunities for cost savings, and drive margin improvement initiatives.
- Support expansion planning, including financial analysis for new ventures, investments, and acquisitions.
**Team Leadership & Development**
- Manage and mentor a team of bookkeepers and junior accountants, ensuring alignment with organizational standards and professional growth.
- Establish internal controls and accounting policies to safeguard assets and enhance accuracy in financial reporting.
5. Growth Potential
- This position offers a path to becoming the Chief Financial Officer, contingent upon demonstrating impactful contributions and leadership in the role.
**Qualifications**:
- A CPA designation is required, and experience in the food industry is strongly preferred.
- Proficiency with Xero, Dext, Plooto, and Cin7.
- A minimum of 3 years of experience in financial management, with a background in QSR, FSR, CPG, or food manufacturing, is required.
- Expertise in financial accounting with a strong understanding of cost accounting and cash flow management.
- A strong understanding of accounting standards and experience preparing financial reporting packages for management, board of directors, banks and other stakeholders is considered an asset.
- Strong analytical skills, with a strategic mindset and ability to interpret financial data to inform business decisions.
- Strong attention to detail and well-organized to meet deadlines.
- Adaptable, flexible and receptive to constant change that comes with working in an entrepreneurial start-up environment.
**What We Offer**:
- A dynamic, growth-oriented environment with opportunities to shape financial strategy across multiple business lines.
- Competitive salary and Extended health benefits package.
- Company options
- Opportunity to progress to a CFO role as the company expands
- On-site position
- Travelling may be required to the manufacturing site as per business needs
- Free meals while working + 20% off meals for you and 3 guests when not working
**Employment Equity**
**Accessibility Accommodations**
Employers provide accessibility accommodation during the recruitment process. Should you require any accommodation, we will work with you to meet your needs
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