Overview of salaries statistics of the profession "Divisional Financial Controller in Canada"

Horizon Recruitment Inc is conducting a search for a Divisional Controller to lead a small accounting and finance team for a busy manufacturing and distribution company. Working with the leadership team at the corporate head office and directly from the operational facilities, you will be responsible for the overall financial reporting and management of the day-to-day accounting and finance functions.Responsibilities:Responsible for all accounting, financial reporting and operational data analysis activities for the businessOversee preparation of monthly management reporting package and financial statements and ensure they are in accordance with IFRSPresent financial period end results to senior management, highlighting areas of concerns and action plansProvision of financial analyses and operational support as it pertains to production/costing variances and sales analysesWork closely with operations to ensure processes and procedures are continuously improvedManage working capital requirements and targets by establishing and maintaining clear internal key performance metricsManage the preparation of the annual budget and periodic forecastsReview all forms of contractual agreements and provide commentary to mitigate risksLiaise with the corporate office finance and accounting staff, and provide ad hoc reporting.Requirements:A professional designation and qualifications (CA, CPA, CMA or CGA) along with 2 to 3 years of leadership experienceHands on, roll up the sleeves professional with a demonstrated track record of success in a similar role in a public company with a preference for manufacturing experienceCapability, drive and initiative to learn, adapt and executeSolid knowledge of current accounting principles and rules under IFRSAn open and articulate communicator with strong analysis and presentation skillsExcellent interpersonal and relationship-building skillsProven strategic thinking ability to apply a “bottom line”, results-oriented approachExcellent analytical skills, and applies a creative approach to problem solving**Only candidates eligible to work in Canada will be considered**Horizon Recruitment Inc. is a specialized recruitment and search firm with two complimentary practice areas: Finance & Supply Chain.

Job Number: 63451 Group: Magna Mechatronics, Mirrors & Lighting Division: Mechatronics, Mirrors & Lighting Group Office Job Type: Permanent/Regular Location: NEWMARKET Work Style: About us We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people. Forward. For all. Group Summary The Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MML's expertise light the path to innovation, safety and styling. About the Role The Controller is responsible for the review and preparation of the financial results, supporting the annual business plan and 7 year strategic plan, quarterly forecast, and the quarterly and annual financial reporting, under the policies and guidelines established by Magna. This position will play a key role in the financial leadership of the business whilst delivering the overall agreed targets while working in close cooperation with the other team members. Your Responsibilities GENERAL Supports the finance function for the global group, ensuring the integrity of the accounting policies and standards, the financial governance of the company and the internal control environment Implements changes in Magna’s accounting policies and ensures existing Magna accounting policies are applied in the group Review the consolidated and divisional financial results, monthly/quarterly/annually vs. the budget and forecast Prepare month end reports for head office and group management review Responsible for group office reporting, including journal entry review, monthly reconciliation review, key account analysis, and variance reporting (including budget to actual analysis). Responsible for developing the group office budget and tracking/reporting actual spend (including periodic reviews with functional leadership), and group office fee allocations Liaise with the internal and external audit team during annual and quarterly reviews Supports the global annual business plan and 7 year plan reviews and final consolidations and related presentations Contribute to the overall leadership, direction setting and strategic development of the business Support strategic projects (i.e system conversion, restructuring, relocation, M&A, key commercial negotiation, compliance initiatives) Provide the VP Finance and Global Director, Finance with advice, input and counsel of a holistic business nature, operating as a high-quality business partner, initiating value adding decisions and opportunities Reviews performance of cash flow, working capital, capital expenditure, ROFE, financial ratios, and net cost reductions versus forecast and business plan for the global group Identifies foreign currency exposure by currency for a five-year rolling period, formulates and implements foreign currency strategy, places foreign currency contracts where appropriate Ensures system of Internal Control, documentation, and reviews are being performed Supports the safeguarding of assets, integrity, and accuracy of financial systems, policies and procedures, and policy enforcement Upholds the principles of the Magna Employee’s Charter, Magna’s Operational Principles, Magna’s Environmental Health and Safety Policy & Procedures, Magna Closures, Mirrors, and Lighting Quality Policy, Program Execution Process and Business Protocols. Must understand and respect the laws and cultures in countries which Magna conducts business & Magna compliances Additional duties and responsibilities as assigned LEADERSHIP RESPONSIBILITY Directly manages staff of 1 Carries out management responsibilities in accordance with Magna’s policies and applicable laws Responsibilities include interviewing, hiring, training and developing employees; planning, assigning, and directing work; evaluating, rewarding and managing performance and addressing complaints FINANCIAL & LEGAL RESPONSIBILITY Support a business plan of 5 billion in revenue Support Magna’s public company reporting requirements Financial and operational knowledge, as well as knowledge of regulations, policies and procedures that affect the company Must understand and respect the laws and cultures in countries which Magna conducts business & Magna compliances Your preferred qualifications EDUCATION University degree in Finance or Accounting, with a CPA/CA designation OR equivalent KNOWLEDGE, SKILLS, & ABILITIES 3+ years financial management and leadership experience for a region or a substantial BU, gained within a complex, challenging international environment, preferably in the manufacturing/automotive industry Experience in financial control and reporting, financial planning, audit, compliance, treasury, tax, and cash management Experience in managing, developing, and motivating a professional organization; in complex business in terms of divisions, brands and distribution channels Accommodations for disabilities in relation to the job selection process are available upon request. Candidates will be required to complete a Criminal Records Check and, if deemed necessary, a Credit Check as part of the candidate selection process. What we offer At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are. Awareness. Unity. Empowerment. At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.

Assists the Controller in maintaining the corporation's accounting/financial reporting functions. Supervises accounting for all transactions related to the general ledger such as receivables and payables and prepaid expenses. Oversees the company-wide reporting process and assists line managers in the financial planning process and management of financial resultsWHAT WILL YOUR NEW ROLE BEEnsuring the accuracy, completeness and timely completion of monthly financial reportingAnalyzing and summarizing financial results for senior leadershipHelping with computations and analyses to support decision-making of divisional VPsManaging and supporting members of the finance team including financial analysts, accounts payable and accounts receivableHelping with due diligence and integrating new acquisitions into the finance groupTechnical accounting analyses under International Financial Reporting Standards (IFRS)Respond to ad hoc compliance filings for property taxes, business registrations, and other state/county mandated tax filings.WHAT WE ARE LOOKING FOR3+ years of work experience in an accounting or finance environmentUndergraduate degree in business, finance, or accountingExperience managing others, formally or informallyWHAT WILL MAKE YOU STAND OUTCompletion of or working toward a professional accounting designation programExperience working at an accounting firm or software companyFamiliarity with IFRSWHAT WE OFFER3 weeks' vacation and 5 personal daysComprehensive Medical, Dental and Vision coverage from your first day of employmentEmployee stock ownership and RRSP matching programsLifestyle rewardsFlexible work options (and a pretty cool Corporate office!)And more!

Financial AnalystHarris Computer - Ottawa, ONHarris is looking to add an experienced Financial Analyst to our Corporate team!What your impact will be:Understanding the divisional operations and how they drive the financial results;Working with finance team (Ottawa) and business units (Canada/US) to meet reporting deadlines;Forecasting, tracking & analyzing deferred maintenance, hardware, software and professional services revenue streams;Managing the month-end and quarter-end close processes, by analyzing results, preparing journal entries and detailed balance sheet reconciliations as well as reporting for senior management;Preparing and reviewing invoicing requests as well as actively following up with the business unit on any unbilled milestones on active projects;Using reporting software to forecast benefits, payroll taxes and depreciation as well as updating actual results for headcount, bookings and backlog;Ensuring that established control procedures are in place and identifying control risks;Identifying, improving, and standardizing processes within Finance where possible;Building effective relationships with and providing excellent customer service to the business unit(s); andSpecial projects & ad hoc reporting as required by divisional Controller, EVP and VP's.What we are looking for:Ability to meet deadlines in a rapidly changing business environment;Ability to work independently and balance competing demands;Advanced knowledge of MS Excel and Microsoft Office Suite (Outlook, PowerPoint, etc.);Desire to take initiative;Excellent analytical, research and problem solving skills;Full ownership of work;Experience with project accounting (% complete) and software revenue recognition;Strong attention to detail;Strong communication and interpersonal skills;Works well in a team environment