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Controller

2 weeks ago

Toronto, Ontario, Canada Lioncrest Industries Full time $80,000 - $120,000 per year

Company Description

Lioncrest is a Canadian-owned industrial company focused on acquiring and growing strong, specialized businesses in the manufacturing and distribution sectors. Through our operating divisions; Olympic Plastic, York Fluid Controls, Dynamic Precision and Danton Machine, we deliver world-class products and services to customers across North America. At Lioncrest, we combine operational excellence with long-term vision, empowering our companies to scale, innovate, and serve customers better.

Role Description

This is a full-time on-site (at Olympic Plastic) role located in Toronto, ON for a Controller. The Controller will be responsible for overseeing all financial activities and ensuring accurate financial reporting. Day-to-day tasks include preparing financial statements, managing budgeting processes, conducting financial analysis, and ensuring compliance with financial regulations. The Controller will also work closely with senior management to support strategic decision-making and provide financial insights. This is a hands-on leadership role with dual responsibilities:

  1. Acting as the day-to-day accounting manager for our core manufacturing business (Olympic Plastic).
  2. Providing oversight and guidance to the bookkeeping teams at three other divisions, ensuring financial accuracy, consistent controls, and best practices across the group.

This position is ideal for a detail-oriented and strategic finance professional who enjoys balancing tactical accounting with organizational leadership.

Responsibilities:

Core Business Accounting (Olympic Plastic)

  • Oversee daily accounting functions including AP, AR, payroll, and bank reconciliations.
  • Maintain and reconcile the general ledger with a high degree of accuracy.
  • Prepare and analyze monthly financial statements, management reports, and cash flow forecasts.
  • Manage job costing, inventory accounting, and margin analysis in a manufacturing environment.
  • Ensure compliance with tax filings, government remittances, audit requirements, and banking covenants.
  • Partner with operations to align financial insights with production, sales, and procurement.

Group Oversight (Other Divisions)

  • Supervise and support bookkeepers at three additional business units.
  • Review monthly reconciliations, reporting packages, and ensure consistency across divisions.
  • Standardize accounting procedures and strengthen internal controls throughout the group.
  • Mentor and train accounting staff to improve accuracy, efficiency, and financial discipline.
  • Consolidate financial information from all entities for management reporting.

Corporate & Strategic Activities

  • Prepare and present combined monthly financial statements and variance analysis for the group.
  • Lead the annual budgeting process and ongoing forecast updates across all entities.
  • Prepare quarterly reporting packages and manage key banking and lender relationships.
  • Support financial due diligence for acquisition opportunities.
  • Lead accounting integration for newly acquired businesses.
  • Identify, recommend, and implement systems and process improvements to drive efficiency.

Qualifications

  • 5+ years of progressive accounting experience
  • Strong understanding of bookkeeping, payroll, consolidations, and financial reporting.
  • Proficiency with Excel and accounting software (QuickBooks, Sage, or similar).
  • Strong organizational, analytical, and communication skills.
  • Demonstrated ability to balance hands-on accounting tasks with leadership responsibilities.
  • Experience with job costing, inventory management, and financial consolidations is a strong asset.
  • Strong attention to detail and ability to work independently
  • Bachelor's degree in Accounting, Finance, or related field; CPA designation preferred
  • Experience in a manufacturing or distribution environment is a plus