Magellan Aerospace
Job title:
Divisional Controller
Company
Magellan Aerospace
Job description
Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. At Magellan we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth: People create value.
Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual and invest in our employees.
When you are part of Magellan, you are part of the team!
Position Summary
Magellan Aerospace, Mississauga has a great opportunity for a Divisional Controller. The successful incumbent will be responsible for all finance activities within the division and will provide financial expertise in accounting, transaction processing, financial reporting, internal controls and business financial analysis in line with Magellan policies and procedures. As the most senior financial leader at the division, you will be responsible for ensuring the recording of accurate financial data, and the timely production of the financial reporting for the division. You will also lead the analysis of business trends such as sales, cost of sales, cash, inventory, etc. is necessary to ensure that risks and opportunities are identified and managed appropriately as well as participate and compile the annual Budgeting, Strategic Plan, and monthly Forecasting processes for the division, helping guide appropriate targets based on your business expertise.
Essential Responsibilities
- Manage the Finance, Costing, and Payroll functions for the division
- Responsible for supervising and mentoring the Finance department; ensuring that this department meets the service expectations of other departments and the business overall.
- Interpret the Divisional financial performance and project outcomes. Develop and put into action initiatives to positively influence financial position.
- Responsible for compiling financial budgets and forecasts. Review and assess financial performance to budget/forecast and take appropriate actions to ensure the business operates to budget/forecast.
- Weekly cash forecasting & associated reporting
- Review of Payroll processing
- Preform day-to-day hands-on work as needed to meet reporting requirements
- Monthly review of financial statement preparation, including account reconciliations and reporting package submission to Corporate Office
- Support the Divisional Manager to drive the site to meet or exceed all annual metrics by addressing production and costing issues
- Annual review of costing models
- Support inventory validation programs including cycle counts, and the annual physical count
- Oversee capital expenditures and support capital expenditure appropriation process
- Participate in the preparation of the annual update for the Five Year Strategic Plan based on the analysis of the company’s status and financial forecasts
- Establish and implement short- and long-range department goals and objectives and motivate the finance team towards achieving the goals
- Support for new business development activates, and review of associated financial data
- Manage internal and external audits
- Participate in strategic & business initiatives as required and support project analysis, validation of plans, and ad-hoc requests
- Oversee risk management & compliance activities
Position Requirements
- University degree specializing in finance, commerce or equivalent.
- Accounting designation, CPA or CMA preferred
- Minimum 5 years experience as a Controller or Finance Manager in a manufacturing environment
- Experience and education relating to IT, project management is an asset
- Microsoft office, excel, power point and system skills
- Ability to work with different levels of people utilizing superior communication skills
- Very good working knowledge of Accounting, Cash Management, Forecasting & Budgeting
- Skilled in areas of cost accounting, general ledger, accounts payable and financial reporting experience
- Excellent business acumen, with strong ability to communicate verbally
- Ability to work and effectively communicate with senior-level business partners
- Motivated, self starter that is highly analytical and action oriented
- Ability to prioritize and work under pressure to meet deadlines
- Above average analytical and technical skills
- Excellent decision making skills, including information gathering and problem solving
- A strategic thinker with a strong attention to detail
- Ability to multi-task, prioritize, and provide follow-up
- Experience with ERP systems and ERP implementations
Why Magellan?
- Competitive salary
- Attractive benefits package (fully Company paid)
- Generous Company pension plan
- Positive work-life balance
- Excellent career progression opportunities
- Commitment to professional growth
- Employee Assistance Program
- Free parking
Confidentiality
Magellan Aerospace respects the privacy and confidentiality of personal information provided by candidates and shall not disclose to any external parties unless legislated.
Magellan Aerospace is committed to an inclusive working environment and equal opportunities for all. We welcome all applications without regard to social and cultural background, age, gender, disability, sexual orientation, national origin or religious belief, status as a protected veteran, or any other characteristic protected by applicable federal, state, or local law)
Expected salary
Location
Mississauga, ON
Job date
Mon, 15 Jan 2024 06:26:12 GMT
To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.