Senior Financial Analyst
Salary: $80,000 - $90,000 / annum plus discretionary bonus
Location: GTA
Vacation: 3 weeks
Reports to: VP Finance, indirectly reports to Assistant Controller & Controller
The Opportunity:
Our client, a publicly traded Manufacturing Company, operates on a decentralized basis with over 25 plants / divisions reporting to Corporate each month. Corporate responsibilities include ensuring that accurate and timely information is reported each month, reviewing information obtained each month through discussions with divisional general manager and divisional controllers of the various plants, providing coaching and assistance to divisional controllers, preparing quarterly and annual consolidated financial statements and MD&A. Other tasks include interviewing and hiring new divisional controllers. This is a fast paced, entrepreneurial environment with limited ‘layers’ of management which ensures very quick decision making and direct involvement with senior management, including the VP Finance, CFO and President and Executive Chairman of the Company.
Responsibilities:
- (30% of time spent on this area) Assist in the weekly review of divisional forecasts of 6-7 operating divisions by taking complete responsibility of certain divisions. This review requires an understanding of the financial results and also of operations as the expectation is that this weekly review identifies operational inefficiencies and makes recommendations. The candidate must have the desire to learn and understand operations. Assist with the planning and take responsibility of the annual budgeting process with the assistance of current staff. This will include the review of divisional budgets, identifying cost savings, and working with divisional controllers and general managers.
- Investigate, understand and resolve issues at divisions as required by working directly with divisional controllers.
- (25% of time spent) Corporate reporting responsibilities include assisting in the preparation of quarterly and annual consolidated financial statements and MD&A.
- Assist in the completion of the year-end financial statement audit by reviewing divisional audit binders prior to providing to external auditors.
- (10% of time) Assist with the conversion to IFRS.
- (35% of time will be spent on special projects and process improvements) Perform monthly and quarterly reviews of certain balance sheet sections for all divisions, and improve the current corporate review process in terms of processes and documentation.
- Take ownership of certain special projects as part of the Company’s continuous improvement plan, including:
- Standardize internal processes and system reports at the divisional level.
- Improve the existing accounting and policies and procedures manual.
- Improve overall corporate review processes, including a review of divisional contribution margins and bill of materials.
- Assist with the development and design of HFM, an upgrade to the existing consolidation and reporting software used at Corporate.
- Work with the sales department to improve communication with divisional controllers.
- Infrequent travel may be required as this is the best way to learn about the division, operations and build relationships with people within the organization.
Candidate Qualifications:
- The successful candidate will be a fully qualified Canadian Chartered Accountant with a minimum of 5 years of experience in a CA firm.
- The successful candidate will be well rounded, flexible, able to think outside of the box, deadline driven, highly organized, work well under pressure, have experience communicating with senior level executives, a business and operational thinker, have a desire to learn about the company’s operations
- Experience with manufacturing companies preferred
To apply successfully, please submit your resume to the attention of Sari Friedman: sfriedman@financialresourcepartners.com