Location
North York, ON | Canada
Job description
About the Company
Our client is in the food production industry. They are looking for a Senior Finance Manager to join their team!
Why Work Here - Great opportunities for growth
- Excellent collaborative culture
- Great perks and total compensation plan
About the Opportunity Leading and working through the finance/accounting function - Develop and maintain timely and accurate financial statements in accordance with generally accepted accounting principles (GAAP)
- Design efficient working papers for the efficient close of the monthly financial statements
- Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
- Build and implement leading practices in support of an efficient and effective business, including Procure to Pay, Order to Cash, Treasury, Asset Management, and Financial Reporting, with a goal of closing the period within 5 business days
- Develop sound financial controls, processes and policies designed to safeguard the assets and business dealings of the Company
- Ensure that all statutory requirements of the organization are met including, Withholding Payments (CPP, EI), Income Tax, HST, Employer Health Tax, et al
- Oversee the preparation of all supporting information for the year end and liaise with external accountants as necessary
- Manage the cash flow and prepare cash flow forecasts
- Oversee the maintenance of the general ledger, including f/s groupings, cost centers, hierarchies, and company codes
- Ensure that policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation
- Manage the process for the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate
- Manage the process for inventory costing, including monthly variance analysis of actuals vs. standards
- Create financial models analyzing strategic business decisions
- Streamline all software packages that impact financial information
- Bring finance and accounting support to the functional areas of the business: Procurement, Logistics, Marketing, Sales, Customer Services, etc.
- Develop working capital strategies to improve our cash conversion cycle to <45 days
Financial Reporting - Oversee external reporting of the financial statements to key stakeholders: Leadership Team, Bank, Shareholders, Board, etc.
- Manage all bank reporting requirements, including covenant calculations
- Review monthly results and implement monthly variance reporting of actual vs. budget forecast. and. prior period
- Manage the month-end process, including setting up workflows and approval flows
Payroll/Human Resources - Review bi-weekly payroll processing of the Company’s payroll, including all statutory deductions
- Oversee all payroll controls and processes to ensure that employees are paid in a timely and accurate manner, and that amounts owing are accurately accrued
- Negotiate and manage the employee insurance and benefits plans
- Process and submit statutory and benefits remittances on time
- Oversee the issuance of annual T4s and T4As
- Manage the Company’s benefits plan and other ‘employee perks’
- Draft employment agreements for new hires
- Draft termination letters
Risk management/Treasury - Monitor risk management policies and procedures to ensure that program and organizational risks are minimized
- Together with the VP, Finance, negotiate with the Bank for lines of credit or other financial services as required and appropriate
- Develop an F/X strategy
- Oversee and develop effective currency hedging strategies
Other Areas - Oversee the management of all leases, contracts, and other financial commitments
- Responsible for all government assistance funding and tax programs, including the SR&ED annual claim submissions
- Participation in leadership training programs
- Partner with subject matter experts, as required
About You - CPA designation
- 3 to 5 years of relevant work experience (Pet, CPG and manufacturing industries are a plus)
- Knowledge of generally accepted accounting principles
- Knowledge of SAP and its relevant accounting platforms
- Knowledge of accounting programs for small business
- Above average Excel knowledge
Salary Range $120,000 - $130,000/year
Job tags
Salary
$130k per year
