Assistant Controller

Assistant Controller

• North Etobicoke (Hybrid Work Model - 1 day in the office)
• Managing a team of 5-6 staff
• Publicly listed company - full consolidated revenue almost $1 billion

About the Company:

Our client is an innovative organization operating in a high-growth industry, recognized for our commitment to excellence, sustainability, and forward-thinking financial practices. They specializes in providing cutting-edge solutions to industries such as utilities, construction, and manufacturing, and are known for maintaining a strong focus on both financial integrity and long-term business strategy.

With a team-centric culture, they foster an environment of collaboration, continuous learning, and professional development. As part of their leadership team, you will have the opportunity to work with cross-functional leaders and drive both immediate and long-term financial success.

Position Overview:

We are seeking an experienced and results-oriented Finance Manager to join our client. Reporting to the Controller, this role will be responsible for providing expert financial guidance and leadership to a division of the business. You will oversee key financial activities including strategic planning, financial reporting, budgeting, and compliance, ensuring that the business meets and exceeds its financial targets.

This is an exciting opportunity for a finance professional who wants to make a strategic impact in a growing company. You will work closely with senior management to influence decision-making and drive business performance, all while ensuring that financial processes are optimized and compliant with both internal and external standards.

Key Responsibilities:

Strategic Financial Leadership

• Lead the preparation of the annual Business Plan and Strategic Plan in collaboration with senior leadership.
• Actively participate in the Sales & Operations Planning Process, ensuring financial alignment with business goals.
• Provide expert financial analysis and strategic recommendations to drive performance and enhance profitability.

Financial Reporting & Analysis

• Oversee the preparation and consolidation of monthly financial reports, including forecasts, financial statements, and management reports.
• Conduct variance analysis and present alternatives to management, addressing any deviations from the financial plan.
• Lead the annual standard cost study, ensuring that improvements and cost reductions are effectively implemented and reported.

Operational Finance Management

• Manage relationships with key suppliers, ensuring compliance with corporate guidelines and maximizing financial benefits (e.g., cash discounts, timely payments).
• Provide oversight for Accounts Receivable, ensuring policies and procedures are followed for credit granting and collections.
• Evaluate capital expenditure proposals and ensure they align with long-term financial goals.
• Conduct in-depth analysis of Sales, Product Costing, and Manufacturing Variances, offering strategic recommendations to optimize gross margin performance.

Compliance & Controls

• Ensure compliance with IFRS standards, internal controls, and corporate policies, including overseeing internal audits and the enforcement of segregation of duties within the finance department.
• Manage the safe-keeping and proper utilization of divisional assets, including inventories and capital assets.
• Play a lead role in banking relationships, including payment processes, banking software, and financial audits.

Team Leadership & Development

• Lead and mentor a high-performing finance and accounting team, fostering professional growth and ensuring departmental goals are met.
• Conduct annual performance reviews and encourage team development through continuous education and job improvement.
• Promote a culture of safety and compliance with health and safety regulations.

• Bachelors degree in Accounting, Finance, or a related field (CPA required).
• 5+ years of accounting/finance experience, must have manufacturing environment experience where standard costs, inventory control, and variance analysis are central.
• Proven experience with capital expenditure justification and project evaluation.
• Strong knowledge of IFRS and internal controls, with prior experience managing financial audits. Experience working at a PUBLICLY listed company - MUST HAVE
• Familiarity with ERP systems (experience with IFS or OneStream is an asset).
• Excellent communication skills, with the ability to collaborate cross-functionally and influence decision-making. MD&A presentations to the senior leadership team
• Demonstrated ability to lead and develop a team, providing mentorship and fostering a culture of continuous improvement.

What They Offer:

• Competitive salary and benefits package - up to $140,000 base + 10-20% bonus
• Hybrid work model offering flexibility - 1 day in office (flex, some weeks WFH 5 days per week)
• Professional development opportunities
• A collaborative and supportive work environment
• Opportunities for career growth and progression within a dynamic, growing company

Additional Benefits:

Strategic Influence: As a key member of the leadership team, you will have direct input on shaping the financial strategy of the business. Your insights and expertise will play a critical role in driving the company's long-term success.

Growth Potential: The company operates in high-growth sectors, providing the Finance Manager with numerous opportunities for career advancement as the company continues to expand both domestically and internationally.

Team Leadership: This role offers a unique opportunity to lead and develop a skilled finance team, helping to shape the finance departments culture and ensuring it meets corporate objectives.

Innovative Work Environment: They are a forward-thinking organization that values innovation, with access to cutting-edge Enterprise Resource Planning (ERP) systems and financial tools. You'll be part of a dynamic team that is always looking for new ways to improve processes and financial outcomes.

Diverse Responsibilities: This role provides a broad range of experiences, from strategic planning and forecasting to operational finance and compliance. If you're looking for a role where no two days are the same, this is it

Global Exposure: You will have the chance to work in a global business environment, offering exposure to international finance practices and the opportunity to work on cross-border projects.

Impact Beyond Finance: This role will allow you to contribute to broader corporate goals, including sustainability, governance, and employee safety initiatives, making a meaningful impact on the companys success beyond just the numbers.

Manufacturing Finance Expertise: For candidates with manufacturing experience, this is an ideal setting to deepen their financial expertise in complex areas such as standard costing, variance control, and capital expenditure justification. The technical challenges of manufacturing finance make this an excellent opportunity for professional growth.

Sustainability and ESG (Environmental, Social, Governance) factors: In this role, the Finance Manager will be part of driving financial strategies that consider environmental impact, sustainability, and corporate social responsibility, positioning them as a forward-thinking financial leader.

Salary Type : Annual Salary

Salary Min : CA$ 130000

Salary Max : CA$ 140000

Currency Type : CAD