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Assistant Controller
3 months ago
Martinrea International Inc. is a diversified and global automotive supplier engaged in developing and manufacturing highly engineered, value-added Lightweight Structures and Propulsion Systems. We employ approximately 18,000 skilled and currently operate in 57 locations in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain, China, South Africa, and Japan. Martinrea's vision is making lives better by being the best supplier we can be in the products we make and the services we provide.
Our Mission is to make people's lives better by:
- Delivering outstanding quality products and services to our customers.
- Providing meaningful opportunity, job satisfaction, and job security for our people.
- Providing superior long-term investment returns to our stakeholders.
- Being positive contributors to our communities.
Martinrea's success is globally shown through its core sustainable culture. Focused on entrepreneurship, lean manufacturing principles, and the Golden Rule philosophy, Martinrea believes in dignity and respect for its people, communities, customers, and investors. Our strength is in our people, embracing a diverse culture, giving employees opportunities to help grow our footprint and expand product offerings and areas of expertise with discipline, dedication and determination.
We invite you to follow your dreams and explore a challenging and rewarding career at Martinrea.
Job Summary: To assist our Controller in preparing all financial activities related to Martinrea Ridgetown Division, but not limit to financial statement analysis, month-end activities, and continuous improvement initiatives.
Required Education and Experience:
- Undergraduate Degree in Business, Finance or Accounting
- Holder CPA designation or in the process of working towards a recognized Accounting Designation is preferable
- Minimum 3 years of hands-on experience in a decentralized manufacturing environment with Manufacturing Ops Accounting/ Finance, automotive experience is preferable
- Display leadership within a financially driven organization
- Excellent organizational, interpersonal and time management skills with the ability to multi-task
- Advanced knowledge of Excel, working knowledge of Word, and PowerPoint
- Working knowledge of Bill 198 internal control preferred (SOX knowledge required)
- Demonstrate focus and drive to achieve targets, budgets, and results through development and maintenance of operational and financial KPI's/ Dashboards.
- Desire to understand the business, providing accurate and timely information to the Controller, taking the initiative to identify and implement costs saving projects (OPEX) that will assist in improving the overall profitability of the plant
- Desire and ability to learn about the business and understand the production process by attending and participating in daily production meetings and regularly walking through the production floor to develop the necessary link between the production processes and the financial statements
- Ability to identify potential risk areas and establish prudent financial stewardship and safeguarding of assets.
- Assist in the financial education, training and development of departmental staff and managers to foster environment based on teamwork and a culture of financial accountability
- Clearly communicate weekly, monthly, quarterly, and annual financial results including explanation of variances of actual compared to forecast/ budget
- Effectively manage and take complete ownership and control of the finance/ accounting department with respect to month-end reporting as well as day-to-day activities
- Proven self-starter who requires limited supervision and direction, achieves tasks, and overcomes problems and provides effective direction and development of staff.
- Embrace the challenge of problem solving and identifying and implementing well thought through practical solutions.
Essential Functions:
- Responsible for the day-to-day accounting function at the facility, including cash and bank, accounts receivable, inventory, capital assets, accounts payable, inter-company transactions and other related accruals.
- Assist in the preparation of the annual budget for the plant including involving various departmental managers in the development of manpower and controllable spending budgets to encourage accountability and ownership of plant/department performance vs. budget.
- Work closely with the General Manager and Controller to ensure that all the budgeted changes, cost saving initiatives, and new or lost business awards are correctly captured in the budget.
- Assist in the management of the annual external audit for the plant by completing the year-end audit kit with all the required supporting reconciliations and documentation, ensuring that no audit adjustments are identified during the audit.
- Mentor the accounting team ensuring continuous development of staff.
- Implement and maintain internal controls at the plant to ensure compliance with Bill 198 requirements
- Proactively provide continuous improvement ideas relating to both financial and production processes
- Provide all the necessary information to the internal audit department during their audit and immediately address any concerns that are identified
- Assist with the physical inventory counts and inventory valuation
- Maintain a system of communicating ongoing departmental performance to subordinates on a regular basis
- Ensure good housekeeping for the department and that all areas responsible are tidy and organized at all time
- Ensure self and subordinates follow Company policies on Quality System, Health, Safety & Environment and PPE requirements
- Contribute to the continuous improvement initiatives on all aspect of the job and to encourage all subordinates to do the same
Working Environment:
- Both office setting and production environment
- 90% office, 10% plant floor (PPE required)
- Flexible hours as required
Physical Demands:
- Constant communication with employees, peers, and management, suppliers and customers
- Ability to work on computer for long periods of time
- Physical activity is very minimum
- Ability to travel outside of Canada as necessary
Health, Safety and Environment:
- Must work in accordance with health and safety regulations, company rules, plant rules, policies and procedures
- Must use or wear equipment, protective devices or certain clothing as required by the company.
- All employees are prohibited from walking under a suspended hoist, cranes or forklifts.
- All employees must follow all LOTO procedures
- Comply with all environmental requirements including our recycling program.
Benefits:
- Working in a great inclusive team environment
- Medical, Dental and Extended Health Care insurance coverage
- Group Retirement Savings Plan
- Long term disability coverage
- Life insurance coverage
- Accidental Death and Dismemberment Insurance coverage
- Safety shoes and prescription safety glasses reimbursement
- Supplier vehicle discounts
- Tuition reimbursement and training opportunities
Martinrea International Inc. is proud to provide employment accommodation during the recruitment process. Should you require any accommodations, please notify us if you are contacted for a job interview.