Financial Controller
The Controller will oversee the financial operations and the Finance Team to ensure accurate financial reporting, compliance with regulatory requirements, and effective internal controls. This role requires a detail-oriented and strategic individual who can manage the financial health of the organization. In addition, this role will be responsible for ensuring effective inventory management.
Key Responsibilities
Financial Reporting
- Prepare monthly, quarterly, and annual financial statements
- Ensure timely and accurate financial reporting at the corporate and business division level
- Oversee the consolidation of financial reports from various departments
Budgeting and Forecasting
- Conduct weekly cashflow analysis and provide direction to the AP and Payroll Specialist on timing and prioritization of payables
- Develop and manage the annual budget process
- Provide financial forecasts and analysis to support strategic planning
- Monitor and report on budget variances and performance
Internal Controls
- Establish and maintain effective internal control systems
- Conduct regular audits to ensure compliance and identify areas for improvement
- Develop policies and procedures to enhance financial governance
Reconciliations
- Reconcile general ledger accounts to ensure accuracy
- Oversee the reconciliation of Smartsheet A/R reports against invoices
- Resolve discrepancies in financial records and transactions
Compliance
- Ensure compliance with local, provincial, and federal financial regulations
- Manage external audits and coordinate with auditors
- Stay updated on changes in financial regulations and standards
Inventory Management
- Effective financial management of inventory involves budgeting and forecasting to predict future inventory needs and associated costs.
- Setup new inventory items (SKUs) as required (product, service, subscription, etc.) in Connectwise
- Ensure inventory changes are properly recorded and confirm all inventory changes have an accompanying invoice, credit or debit memo, etc.
- Coordinate with on-site resources to conduct regular reconciliations between physical inventory counts and the accounting records.
- Assign the processing of adjustments to the A/P and Payroll Specialist to rectify any discrepancies found during reconciliations.
- Generate regular reports to analyze inventory metrics.
- Analyze data on inventory turnover, days sales of inventory (DSI), and other key performance indicators (KPIs) to identify trends, assess performance, and implement necessary improvements.
Team Leadership and Development
- Lead and develop the finance team, providing guidance and support
- Foster a collaborative and high-performance work environment
- Conduct performance evaluations and identify training opportunities
- Coordinate all activities across the Finance Team to ensure all aspects of financial management are being addressed
Pay: TBD, DOE
Requirements
- CPA or CMA designation is preferred
- Minimum of 7 years of experience in financial management or related roles.
- Strong knowledge of financial reporting, audit and regulatory compliance.
- Proficient in QBO and Microsoft Office Suite, especially Excel.
- Excellent analytical, problem-solving, and communication skills.
- Proven leadership abilities and experience managing a team.
- Detail-oriented with strong organizational and time management skills
Benefits
- Opportunities for growth and advancement
- Competitive compensation package, including Philcare HMO
- Full-time, EST hours, Remote