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Financial ControllerAccounting Advantage • Toronto, ON, Canada
Financial Controller

Financial Controller

Accounting Advantage • Toronto, ON, Canada
30+ days ago
Job type
  • Full-time
Job description

The ideal candidate is a detail-oriented individual who will oversee the company's financial records and account personnel. You will be responsible for maintaining all procedures and controls related to the company's financial accounts.

Oversee the preparation of monthly, quarterly, and annual financial statements in compliance with Canadian GAAP (Generally Accepted Accounting Principles).

Work closely with the CFO to ensure financial reporting is timely, accurate, and reflective of the company's financial health.

Analyze financial results, providing insight into budget and forecast variances.

Revenue and Expense Management:

  • Monitor and analyze commission-based revenue streams from telecom subscriptions and related accessories, ensuring accuracy in reporting.
  • Track expenses and operational costs, identifying areas for cost savings and efficiencies, particularly in relation to the disjointed IT infrastructure and integration challenges.
  • Support budgeting and forecasting, offering insights on improving revenue forecasting based on past performance, market trends, and customer behavior analysis.
  • Establish and maintain strong internal controls to safeguard company assets and ensure financial integrity.
  • Ensure compliance with all local and international regulatory requirements, including tax compliance in both Canada and foreign offices (India, Philippines).
  • Oversee audits, liaising with external auditors and ensuring any issues are addressed promptly.

Data & System Integration:

  • Work with the IT department to help integrate financial systems with other business data platforms, improving the flow of information across different systems.
  • Collaborate on improving data management and reporting systems to enable more efficient analysis of customer demographics, sales channels, and product performance.
  • Identify areas of improvement within the company’s disjointed IT infrastructure, recommending ways to streamline and automate financial and business reporting.

Cash Flow & Treasury Management:

  • Oversee the company’s cash flow, ensuring that adequate liquidity is maintained to support operational needs.
  • Manage banking relationships and cash reserves, optimizing financial positioning for both domestic and international operations.
  • Monitor accounts payable/receivable and payroll payment processes and recommend improvements to optimize working capital management.
  • Lead, mentor, and manage the finance team to ensure accurate and timely financial reporting and analysis.
  • Collaborate with other departments (Sales, IT, HR, etc.) to enhance overall organizational efficiency, improve cross-functional collaboration, and ensure alignment with company financial goals.

Education Requirements:

  • Bachelor’s Degree in Accounting, Finance, or Business Administration
  • (Specific degree means less, my fundamental requirement is a degree that provides a strong foundation in financial principles, accounting, and business management.)

Professional Designations:

  • CPA (Chartered Professional Accountant) designation (Canada) (ensures the candidate has the necessary knowledge of financial reporting, tax, and audit practices.)

This is currently for an active job opportunity. By applying, you will be part of our trusted network, ensuring our recruiters can match you with suitable roles. Let us help you take the next step in your career journey. A.I. may be used in the recruitment and selection process.

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Financial Controller • Toronto, ON, Canada

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