financial controller
Posted on
September 18, 2024
by
Employer details
Alendel Fabrics Ltd.
Job details
*Job Title: Financial Controller*
*Reports To:* Chief Executive Officer (CEO)
*About Us:*
Alendel Fabrics Ltd. is a family-run company dedicated to providing a single source for fabrics, trimmings, linings, decorative drapery hardware, and more for the interior design trade. Established in 1981, Alendel has evolved into a leading distributor of home furnishings in North America. With two generations of family leadership, we continue our 43-year legacy, focusing on delivering high-quality products that meet the unique needs of our clients. We pride ourselves on exceptional customer service, offering products at various price points to accommodate every design need.
*Position Summary:*
As a *Financial Controller* at Alendel Fabrics, you will be a critical member of the *Leadership Team*, overseeing and managing all financial operations of the company. You will play a pivotal role in shaping and executing the financial strategy to ensure continued growth, stability, and profitability for the company. This role demands not only technical expertise but also leadership, innovation, and collaboration, as you will be key in optimizing financial processes and ensuring compliance with financial regulations.
*Key Responsibilities:*
*Financial Leadership:*
* Lead the company?s financial operations, including budgeting, forecasting, transaction closure, and statement generation.
* Ensure alignment with financial goals and evaluate budget/forecast variances.
*Reporting and Analysis:*
* Prepare, analyze, and present timely and accurate financial statements and reports, ensuring clarity and reliability for stakeholders.
*Internal Controls:*
* Implement and maintain robust internal controls to safeguard the integrity of financial reporting and operational efficiency.
*Cash Flow Management:*
* Maintain and update weekly cash flow forecasts, ensuring financial liquidity and effective cash management.
*Tax and Compliance:*
* Oversee HST/GST returns, WSIB, corporate tax installments, and ensure timely and accurate payments.
* Ensure compliance with tax regulations and liaise with tax advisors when necessary.
*Accounts Payable/Receivable Management:*
* Oversee and manage all AP and AR functions, ensuring accuracy and timely processing of customer and vendor payments, and oversee foreign currency transactions.
*Financial Statements & Month-End Close:*
* Oversee the month-end and year-end closing processes, ensuring financial statements (Balance Sheet, Income Statement, AP, AR, etc.) are accurate and completed on time.
*Insurance Management:*
* Manage insurance policies, including renewals and claims, in collaboration with insurance brokers.
*Inventory & Reconciliation:*
* Supervise the reconciliation of physical inventory with system records, handle year-end inventory reconciliations, and manage variances with the Inventory Control team.
*Audit and Compliance:*
* Work with external auditors and the Leadership Team to ensure compliance with accounting standards and best practices.
* Lead special finance projects and ERP process improvements.
*Pricing and Trade Shows:*
* Work closely with the Leadership Team to compile annual pricing for inventory, including trade shows, and review vendor pricing to ensure financial efficiency.
*Payroll & Journal Entries:*
* Coordinate with HR to manage payroll processing, prepare related journal entries, and ensure accuracy with GL Reports in SAP Business One.
*Corporate Credit Cards:*
* Efficiently manage corporate credit card accounts and oversee reconciliation processes.
*Core Competencies:*
The successful candidate for the Financial Controller role will demonstrate:
* *Ownership Mindset:* Takes responsibility for tasks and outcomes, ensuring accountability at every step.
* *Adding Value to Others:* Proactively supports team members and the organization, contributing to overall success.
* *Willingness to Act:* Initiates and makes informed decisions to drive fin
-
LocationToronto, ON
-
Workplace information
On site
-
Salary$120,000YEAR annually
-
Terms of employment
Full time
-
Starts as soon as possible
- vacancies
1 vacancy
- Source
indeed.com
#9451128113
Important notice: This job posting has been provided by a partner site. Job Bank is not responsible for this content.
Report a problem with this job posting
Thank you for your help!
You will not receive a reply. For enquiries, please contact us.