Job Summary: The purpose of the Controller is to guide financial decisions by establishing, monitoring, and enforcing policies and procedures. Protect assets by establishing, monitoring, and enforcing internal controls. Monitor and confirm financial condition by conducting audits; providing information to external auditors.
Required Qualifications:- College diploma or University Accounting degree
- A minimum of 5 years of hands-on leadership experience in a manufacturing environment with complete responsibility over a full function accounting and finance department; automotive experience is preferred
- Strong project management skills
- Managed a team of at least three direct reports with proven leadership and problem solving skills
- An independent critical thinker who displays attention to detail
- Demonstrated ability to maintain an effective system of internal controls over all financial areas
- Displays Leadership within a financially driven organization
- Excellent organizational, interpersonal and time management skills with the ability to multi-task
- Experience in working in an AS400 environment (CMS or Solarsoft experience is preferred)
- Advanced knowledge of Excel, working knowledge of Word, and PowerPoint.
Responsibilities:- Responsible for the entire accounting function at the facility, including cash and bank, accounts receivable, inventory, capital assets, accounts payable, inter-company transactions and other related accruals.
- Responsible for the review of the monthly reconciliation binder prepared by the accounting team that provides support for all balance sheet accounts.
- Comply with Martinrea's reporting requirements on weekly, monthly, quarterly and annual basis ensuring compliance with Martinrea accounting policies and procedures within a publically traded corporation.
- On a weekly basis, prepare and review the plants weekly forecast and communicate any changes from the previous weeks forecast to the General Manager and Corporate. On a monthly basis, explain the differences between the actual results and the previous weeks forecast, budgets and the previous month's actual results using the monthly financial bridge template.
- Review and approve standard and non-standard journal entries each month.
- Implement and maintain internal controls to ensure compliance with Bill 198 TSX public company requirements.
- Proactively provide continuous improvement ideas relating to accounting processes.
- Take a leadership role in the entire 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 to ensure that all of the budgeted changes, cost saving initiatives, and new or lost business awards are correctly captured in the budget.
- Manage 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.
- Provide all the necessary information to the internal audit department during their audit and immediately address any concerns that are identified.
- Thoroughly understand all capital spending projects prior to submitting to Corporate for review and approval, including investment/return calculations. Collect and review all information required for capital requests, ensuring all approvals have been received prior to spending.
- Complete performance goals and objectives for the accounting team ensuring continuous development of staff.
- Provide support and contribute to the quality and environmental requirements and regulations as well as the implementation and maintenance of Martinrea Manufacturing Systems at the facility.
- Other ad-hoc duties as required.
Critical Success Factors:- Ability to scale-up and develop a finance and accounting function going from a relatively small revenue base to one of the company's largest in Canada in the span of about one year.
- Effectively be able to manage all financial launch requirements including set-up of the bill of materials, tracking of key areas such as capital spending, customer tooling revenues, launch costs and tracking of tooling project costs against budgets, as well as work cross-functionally with other department managers to ensure the plant remains on target with its launch requirements and budgets.
- Demonstrates focus and drive to achieve targets, budgets and results through development and maintenance of operational and financial KPI's/Dashboards.
- Desire to become a business partner to the General Manager by thoroughly understanding the business, providing accurate and timely information to the management team, 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.
- Oversee the education and development of departmental staff while fostering an environment based on teamwork and accountability.
- Educate and train departmental managers of the financial impact of their decisions, and hold them accountable to a predetermined budget.
- 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 accounting department with respect to month-end reporting as well as day-to-day activities.
- Proven self-starter, who requires limited supervision and direction, yet achieves tasks, overcomes problems and provides effective direction and development for staff.
- Adopts a proactive approach and a perpetual willingness to get personally involved in order to increase the pace and efficiency and achieve Departmental, Plant and Company goals and objectives.
- Embraces the challenge of problem solving and identifying and implementing well thought through practical solutions.
Working Conditions- Office environment and plant floor
Effort/Physical Demands- Desk work.
- Constant communication with employees, peers, management, suppliers and customers.
- Overtime as required.
- Ability to travel outside of Canada as necessary
Health and Safety Responsibilities- Identify and report any hazard(s) in the workplace;
- Report any accidents, injuries requiring first aid, health care, lost-time injuries, Occupational diseases or incidents;
- Use equipment, materials, and machinery only as authorized;
- Follow procedures and wear personal protective equipment as outlined in the health and safety manual
- Must work in accordance with Health and Safety regulations
Benefits: - Working in a great team environment.
- Medical, Dental and Vision Insurance.
- RRSP with company match.
- Safety shoe and prescription safety glasses reimbursement.
- Supplier discounts.
- Tuition reimbursement and training opportunities.
