Finance Manager

Norsat International, Inc.

$90K — $110K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Business Administration, or related field.
  • CPA (Canada) designation is required.
  • 10+ years of progressive finance and accounting experience, with at least 3 years in manufacturing.
  • Expertise in cost accounting, inventory management, budgeting, forecasting, and financial reporting.
  • Strong understanding of manufacturing finance and standard costing methodologies.
  • Experience with ERP systems like Microsoft Dynamics or equivalent.
  • Knowledge of internal controls, audit requirements, and regulatory compliance.

Responsibilities

  • Partner with leadership to support strategic initiatives and business growth.
  • Provide financial analysis and recommendations to improve profitability and cash flow.
  • Develop and implement financial models and forecasts for decision support.
  • Lead monthly, quarterly, and annual financial close processes.
  • Oversee standard costing, product costing, and inventory valuation processes.
  • Monitor financial performance and report on key operational KPIs.
  • Build and mentor a high-performing finance team, fostering collaboration.

Benefits

  • Paid vacation days.
  • Paid sick days.
  • Employer comprehensive health benefits package.
  • RRSP program.
  • Professional development fund for designations and accreditations.
  • Employee Referral Program.
  • Employee Award Program.
  • Ample on-site parking and close proximity to GO Train station.
  • Office in a serene, green location.
Full Job Description
Summary:

Job Title: Finance Manager

Reports to: Executive General Manager

Work Type: Full Time, Permanent

Salary Range: CA$90,000.00 - 110,000.00

Location: Aurora, Ontario

The Finance Manager is a finance leader responsible for overseeing all aspects of financial management, reporting, cost control, and business performance within our manufacturing operations. Reporting directly to the General Manager, this role acts as a strategic business partner to Operations, Sales, and cross-functional teams, delivering actionable financial insights that support profitable growth, operational excellence, and informed decision-making.

The successful candidate will lead the full spectrum of accounting and finance activities while driving continuous process improvement initiatives across the organization. This role will also play a key part in supporting the company's upcoming corporate separation, with exposure to transaction-related activities and financial structuring.

What You'll Do

Strategic Finance Leadership

  • Partner with the Executive General Manager and leadership team to support strategic initiatives and business growth.
  • Provide financial analysis and recommendations to improve profitability, productivity, and cash flow.
  • Support strategic planning, capital investment evaluations, and business case development.
  • Develop financial models, forecasts, and scenario analyses to support operational and commercial decisions.
  • Serve as a trusted advisor to plant management and department leaders.
  • Lead the implementation, integration, and ongoing enhancement of finance systems, ensuring alignment with business needs and process efficiency.
  • Oversee system setup, optimization, and data integrity, driving automation and best practices in financial processes.


Financial Reporting & Compliance

  • Lead monthly, quarterly, and annual financial close processes.
  • Prepare and present accurate financial statements, management reports, and KPI dashboards.
  • Ensure compliance with IFRS/GAAP, corporate policies, tax regulations, and statutory requirements.


  • Coordinate external audits, tax filings, and regulatory reporting activities.
  • Maintain strong internal controls and financial governance processes.


Manufacturing Cost Accounting

  • Oversee standard costing, product costing, inventory valuation, and cost allocation methodologies.
  • Analyze manufacturing variances, including material, labor, overhead, scrap, and production efficiency variances.
  • Collaborate with Operations to identify cost-saving opportunities and improve performance.
  • Monitor and report on production metrics, margins, and operational KPIs.
  • Ensure accurate inventory accounting and reconciliation processes.


Budgeting, Forecasting & Performance Management

  • Lead annual budgeting, forecasting, and long-range planning processes.
  • Monitor financial performance against budget and forecast targets.
  • Deliver timely variance analysis and actionable recommendations.
  • Develop meaningful operational and financial KPIs to support accountability and continuous improvement.
  • Drive a culture of data-driven decision-making throughout the organization.


Working Capital & Cash Flow Management

  • Identify opportunities to streamline financial processes and improve reporting efficiency.
  • Support ERP optimization and system enhancement initiatives.
  • Drive continuous improvement projects that enhance financial and operational performance.


Team Leadership

  • Build, develop, and mentor a high-performing finance team, including Business Analysts and Accounts Payable (AP) and Accounts Receivable (AR) functions.
  • Establish clear objectives, performance expectations, and development plans.
  • Promote collaboration between finance and operational departments.
  • Foster a culture of accountability, integrity, and continuous improvement.


What You Bring

  • Bachelor's degree in Accounting, Finance, Business Administration, or related field.
  • CPA (Canada) designation is required.
  • 10+ years of progressive finance and accounting experience. Minimum 3 years in a manufacturing environment.
  • Proven expertise in cost accounting, inventory management, budgeting, forecasting, and financial reporting.
  • Strong understanding of manufacturing finance and standard costing methodologies.
  • Experience working with ERP systems such as Microsoft Dynamics or equivalent platforms.
  • Strong knowledge of internal controls, audit requirements, and regulatory compliance.
  • Demonstrated ability to lead through organizational change and ambiguity.


  • Excellent communication, presentation, and stakeholder management skills.
  • Results-oriented with a continuous improvement mindset.
  • High level of integrity, professionalism, and accountability.


What We Offer:

  • Paid vacation days.
  • Paid sick days.
  • Employer comprehensive health benefits package.
  • RRSP program
  • Job related professional development fund for designations and accreditations.
  • Employee Referral Program.
  • Employee Award Program.
  • Plenty of on-site parking & a 5-minute walk to GO Train station.
  • Office located in a serene location full of greenery in Aurora, ON
  • Employee events & initiatives.

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