Finance Manager

Job title:

Finance Manager

Company

Vaco

Job description

About the Company
Our client is a market leader and a trusted brand in the Electrical Infrastructure industry. They are looking for a Finance Manager who will be responsible for providing financial expertise to the Shawflex consolidated region.Why Work Here

• Flexible work arrangements (where possible) to suit your needs.
• Comprehensive total rewards package that includes competitive salaries, annual incentives, medical benefits, retirement savings plans, paid vacation days, education assistance programs, corporate discounts and more!
• Participation in service milestone awards and recognition opportunities.
• Access to mental health support resources such as our Headversity mental health and wellness platform and free, confidential access to our Employee and Family Assistance Program (EFAP).
• Rewarding growth opportunities (may include global career and travel opportunities) supported by personalized training, development and mentoring programs.

About the OpportunityPlanning And Strategic

• Lead and prepare with the team members and management input, one year Business Plan and the three-year Strategic Plan for Shawflex consolidated.
• Active participation and development of the sales and operation planning process.
• Adapt the use of management tools such as Enterprise Resource Planning and Quality Management concepts.

Accounting Reporting

• Direct and review the preparation of all financial information and reports for Shawflex consolidated, including monthly financial statements, controller’s report, monthly financial forecast, quarterly schedules and cash forecasts.
• Consolidate & prepare financial information such as Monthly management reports, 12 months rolling financial performance forecasts for Shawflex Americas.
• Direct the annual standard cost study and verify that standard improvements and cost reductions are reflected in the new standards.

Financial Management

• Provide guidance and authorize credit granting to customers, and to ensure compliance with corporate policies and procedures and within sound business practices.
• Manage relationships with suppliers to ensure compliance with corporate guidelines and to maximize benefits of cash discounts, timely payments, etc.
• Analyze operating results for variances to Plan. Forecast and review alternatives with management
• Evaluate all capital expenditure proposals for financial merit. Establish financial payback.
• Review results for Sales and Product Costing, manufacturing variances and Operating Expenses through Gross Margin and Contribution Margin performance. Recommend alternatives.
• Meet annual departmental budget

Controlling And Monitoring

• Ensure full compliance with Corporate and Internal Audit requirements (52-109) by initiating policies and procedures that facilitate this.
• Ensure the segregation of duties within the finance department. Ensure employees’ duties and tasks are not conflicting with their responsibilities.
• Enforce the safekeeping and proper utilization of all divisional assets, including Inventories, Capital Assets, etc. This involves communication to responsive employees on enforcement of policies.
• Direct and Influence division towards meeting division’s goals. This involves ensuring policies such as credit terms, payables terms, Inventory levels/days, cash settlement practices, etc. are in place to stimulate appropriate actions.
• Meet IFRS standards.

Financing, Banking And Legal

• Ensure effective payment process is in place (bank account structure, signatories, banking software, letter of credit)

Taxes

• Aid in preparation of transfer pricing studies and documentation.

Human Relations/Administration

• Manage functions and staff of the Accounting department.
• Agree on personal objectives of staff. Monitor and provide ongoing support to ensure achievement
• Conduct annual performance reviews
• Encourage ongoing employee development through educational upgrade and job improvement.
• Ensure compliance with Corporate mandate re Incident, Injury Free (IIF) and legal health and safety requirements within department.

About You

• Bachelor’s degree in Accounting or Business
• CPA – required
• 3 to 5 years accounting experience in manufacturing operation where there are standard costs, variance control, inventory control.

Salary Range
$110,000 – $130,000/yearHow to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #422529You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Expected salary

$110000 – 130000 per year

Location

Etobicoke, ON

Job date

Sun, 08 Sep 2024 07:50:33 GMT

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