Job description

Summary: As a key member of the Leadership team, the Financial Manager oversees all financial activities including management of operations, risk management and financial information management.

Duties & Responsibilities:

· Directs accounting department operations, budget preparation, and audit functions.

· Oversee the issuance of financial information: Control financial data (P&L, balance, cash flows, general ledgers, specific reports) and its translation into financial reports for both statutory and consolidation reporting purposes.

· Understand and mitigate key elements of the company's risk profile: Understand the business drivers and actively participate in aligning the local activity with the strategic planning: market trends, emerging technologies, competitor offers.

· Reviews financial reports and analyzes projections of sales and profit against actual results and budget guidelines.

· Report financial results to the board of directors: Analyzes and reports financial statements and financial performance to senior management.

· Oversee the compliance with Local GAAP: Ensure strict compliance / specific entries regarding local purposes.

· Monitor monthly industrial and commercial performance: Costs projection, variance analysis, standard cost vs actual costs, proposal for mitigation and decision to optimize profitability of the operations.

· Monitor monthly expenses vs budget per functional area: Review spending per area and challenge area leaders in their monthly performance assessment and the progress of their mitigation plan to achieve budget.

· Monitor productivity: Assess financial profitability of operations improvement and control timely implementation and impact on overall financial performance.

· Monitor cash balances and cash forecasts: Review cash forecast and analyze deviation and needs. Detect, elaborate and implement cash improvement solutions (work trade capital, capital expenditures).

· Ensure that the company complies with all legal and regulatory requirements: Including all finance and legal items related to corporate sustainability programs.

· Maintains and administers banking and other financial arrangements. Duties include maintaining lines of credit, preparation of loan request packages and overseeing bank balances.

· Account Payable & Receivable.

· Financial Statements preparation: cash flow statement, Income statement, Balance Sheet, Statement of retained earnings, notes to financial statements.

· Knowledge and experience in Canada existing Finance and Accounting GAAP (Generally Accepted Accounting Principles), ASPE (Accounting Standards for Private Enterprises), IFRS (International Financial Reporting Standards).

· Other duties required from time to time.

Qualifications/Abilities:

Job Experience/Educational Expertise:

· Bachelor’s degree in accounting and finance required.

· CPA (Chartered Professional Accountant) or Finance Designation holder or working towards to obtain as an asset.

· Knowledge and experience in Canada of existing Finance and Accounting GAAP (Generally Accepted Accounting Principles), ASPE (Accounting Standards for Private Enterprises | IFRS (International Financial Reporting Standards as an asset).

· 5-10 years of successful experience in planning, organizing, developing, controlling, and reporting of all operational financial results.

· Advanced Microsoft office skills

· Has a strong strategic vision of a successful processing organization’s accounting department.

· Acquires and applies professional/technical knowledge, skills, experience, and judgment to accomplish results, serve customers better and contribute to the organization’s intellectual capital.

Management Skills:

· Develops a team environment in which members participate, cooperate with and support each other.

· Is effective at coaching others. Helps subordinates and other associates define and follow through with actions that support excellent performance and personal development.

· Thinks of ways to make people more productive and more focused on company goals; finds ways to reward and recognize achievements.

· Develops and implements methods to improve department productivity within established expense budgets.

· Trains and develops all associates. Has the ability to further develop the current management team.

· Has excellent communication skills, both verbal and written. Is a good listener.

· Works well with people. Is sensitive to the needs of others. Trusts people.

· Treats all associates with dignity and respect.

Personal Qualities:

· Has high standards, is honest under pressure and has integrity.

· Is a strategic thinker – both in short- and long-term planning.

· Is self-driven, focused and has appropriate intensity.

· Has the ability to make correct decisions at the appropriate time.

· Has good initiative. Is persistent.

· Maintains confidentiality.

· Has a high energy level.

· Is respected by peers, subordinates, supervisor and company officers.

· Has the ability to think and draw natural conclusions.

· Has the ability to adapt to changing situations. Is willing to change areas of responsibility.

Job Type: Full-time

Pay: $59,000.00 - $60,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift

Ability to commute/relocate:

• Schiller Park, IL 60176: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Experience:

• Accounting/ Finance: 5 years (Required)

License/Certification:

• CPA (Preferred)

Willingness to travel:

• 25% (Required)

Work Location: Hybrid remote in Schiller Park, IL 60176

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