Financial Controller

Duties

• The Controller position is accountable for the full-cycle accounting operations of the company, which includes the production of financial statements, maintenance of an adequate system of accounting records and GL/ element mapping, and implement adequate internal controls designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with ASPE
• Manage the month-end and year-end close process for companies assigned, including preparation of journal entries, balance sheet account reconciliations and related supporting schedules; prepare all year-end working papers and reporting to head office as requested
• Monitor and analyze monthly operating results to reduce cost and identify problem areas; provide management reporting continuously improving to generate value-added insights; collaborate with cross-functional stakeholders as required to drive actions and resolution
• Manage three-way match in Accounts Payable, employee expense reimbursement process, business card reconciliation process; provide oversight to procurement process ensure adequate controls exist
• Own, review and set appropriate credit limits on customer accounts in consultation with GM/ VP Finance; weekly A/R and exposure management, report on cash collections and escalate problem accounts to relevant stakeholders as per company policy;
• Responsible for the periodic review and update of various allocation rates for indirect costs and overhead rates
• Drive working capital improvement by ensuring early pay discounts from vendors are pursued and implemented and other strategies as appropriate
• Recommend benchmarks for measuring the financial and operating performance of departments; monitor effectiveness, developed reporting to identify underlying business issues; supply strategic information, work with and assist cross-functional leaders to achieve improved outcomes
• Recommend and drive process improvements to streamline workflows and optimize resource utilization; lead team on initiatives, delegate, see things through completion and make it happen
• Design, recommend and manage effective organizational structure and staffing to accomplish the department’s goals and objectives; improves existing procedures to ensure best-practices, develops policies and recommends improvements to create conditions for long-term success
• Create financial analyses as required, examples include but not limited to capital investments, pricing decisions, commercial contract negotiations and union contract negotiations etc.
• Create and prepare financial outlook and financial forecasts; present value-add analysis to assist management in decision-making
• Work with project management and production to ensure project job cost templates are in place that accurately measure progress (including earned value analysis, estimate/ as-sold to actual, change orders, etc)
• Ensure compliance/timely external statutory reporting with local, provincial and federal financial and tax reporting requirements (eg. CRA, Minister of Finance, WCB, Union, Statistics Canada)
• Represent the company externally to government agencies and any other parties (includes property tax appeals, WCB appeals, CRA & PST audits, etc.)
• Evaluate, supervise, train and assist team with regards to their roles/duties, in addition to supporting the HR function, benefits, payroll, and other tasks; specifically hands-on processing of payroll functions, review of payroll and related benefits and ensuring proper coverage/ documentation of procedures
• Support claim for corporate R&D program (SR&ED), property tax roll reviews and various information requests from head office
• Drive a culture of accountability, accuracy, and financial excellence; build a high-performance team, ensuring strong collaboration between operating companies within group, with group and head office
• Other tasks, duties and various initiatives/ special projects as assigned or directed by GM, VP Finance or senior management