Panasonic Looking for Divisional Controller at Canada Full Time

Panasonic Canada Inc.

For over 100 years, Panasonic has been committed to enhancing the well-being of people, communities, and society. Our technologies and solutions have been developed with one aim in mind: to enrich our lives and make life better – simpler, healthier, safer, more enjoyable, and more sustainable. Panasonic Canada Inc. (PCI) is a leading technology provider to businesses, government agencies and consumers across the region. The company leverages its strengths in Living Spaces, Immersive Entertainment, Sustainable Energy, Automated Supply Chains and Connected Solutions to provide lifestyle solutions to consumers as well as secure and resilient integrated solutions for B2B and B2G customers. We are proud to be recognized as one of Greater Toronto’s Top Employers for 2020, 2021 and 2022. Come join our journey.

What Panasonic Canada Inc. Offers

• Comprehensive Medical, Dental and Vision Coverage with a Health Spending Account

• Panasonic Retirement Savings Plan (RRSP)

• Group Retirement Savings Plan (RSP)

• Generous Parental Leave Top Up

• Education Assistance Program/ Tuition Reimbursement

• Employee Purchase Program

• Employee & Family Assistance Program (EFAP)

• Employee Volunteer Program – Paid Time Off for Volunteer Day

Panasonic Canada Inc. Hybrid Work Model

Panasonic Canada Inc. supports a hybrid work model. We understand that flexibility is essential for employees to do their best work while also balancing personal and life needs. Employees can expect to be in the office for a variable number of days per week based on the needs of the business unit, while having the ability to also work remote.

Panasonic Canada Inc. offers a Flexible Work Options policy which includes the ability to work remote, mobile, and create a compressed work schedule.

Divisional Controller:

Directs the daily operation of the Consumer Products Division Accounting Department and controls the accounting function for Consumer Products Division. Safeguards company assets, reports financial results and makes recommendations for actions based upon financial circumstances. Develops, analyzes, and interprets statistical and accounting information to ensure profitability, capital expenditures, and performance against budget are within established guidelines. Assists Divisional management with financial planning and forecast preparation. Prepares, monitors, and maintains policies and work instructions to ensure adherence to divisional audit requirements. Provides guidance to Consumer Sales, Marketing, Service Managers and office staff on company policies and procedures. Participates as a subject matter expert, or participant in special projects or on committees as required.

Please note this is a full-time permanent opportunity.

Responsibilities:

1. Protects company assets such as inventory, accounts receivable and fixed assets. Approves Credit Notes (e.g., rebates, advertising claims, adjustments), Purchase Orders and Payment Approvals according to the company’s Approval Chart. Ensure compliance with company and division policies and protects against fraudulent activities. Contributes to policy development, makes recommendations, and implements new procedures on approval.

2. Provides timely and accurate financial services, in accordance with GAAP, Corporate Policy, Divisional Policy, and legislative requirements to Consumer Division management and assists in decision making. Ensures financial services meet changing business needs, and the external environment. Prepares and develops various statistical and analytical reports. Presents findings and makes recommendations to senior management.

3. Assists with divisional mid-term plans and prepares annual budgets including financial statements: Profit and Loss Statement, Balance Sheet, Accounts Receivable, Cash Flow, Inventory and Purchases forecast, Reserves Analysis. Monitors, improves, and streamlines information gathering activities. Keeps up to date on accounting trends and best practices. Provides input into corporate policy and divisional procedural changes.

4. Manage financial month end close for Consumer Division, including preparation of the financial package and presentation of the financial review, including detailed descriptions, recommended changes or course corrections. Presents and defends information to senior management.

5. Contributes to the Division’s profitability by investigating all budget discrepancies, monitoring and controlling customer specific sales programs (e.g.. VIR, COOP Advertising, Marketing Development Funds, Sales Promotions). Provides analysis and recommendations as required.

6. Mentors, guides, coaches’ staff and ensures staff development that is consistent with the company objectives. Ensures continuity of function by cross-training staff as required. Participates in hiring, dismissal, performance evaluation, and the resolution of other staff issues. Establishes priorities, as re-assigns staff as required. Ensures adherence to corporate employment equity objectives.

7. Prepares documentation, reporting and compliance with internal, external, and SOX audit teams. Provides functional guidance to others on compliance or audit issues. Receives audit feedback and makes recommendations for course corrections as required.

The Successful Candidate Will Have (List in Short Bullet Points Below)

1. Accounting designation (CPA) and 10 years of progressive financial management experience.

2. Sound understanding of SAP financial reporting systems in addition to advanced knowledge of Excel software.

3. Intermediate knowledge of other Microsoft software such as Outlook, Word. Some knowledge of Power Point would be an asset.

4. Be able to interpret and act upon financial results.

5. Provide analyses and consultation of sales results to divisional management.

6. Comply with GAAP (Generally Accepted Accounting Principles), SOX or other company established policies and procedures.

7. Excellent problem solving and consultative skills required to identify and evaluate risks. Make recommendations accordingly.

8. Project management and organizational skills would be strongly preferred.

9. Ability to articulate financial information in easy-to-understand language to non-financial management team members.

10. Excellent presentation and influencing skills required to recommend financial information to senior management.

11. Good relationship building and management skills to maintain relations with sales and marketing teams.

12. Bilingualism (English/French) would be an asset.

How to Apply

Please include a PDF copy of your current resume.

Diversity, Equity, and Inclusion at Panasonic Canada Inc.

In order to drive our business to continued heights, our business practices and our contribution to society must be rooted in diversity, equity, and inclusion. We foster an environment in which everyone is able to share their voice and talents, in a safe space, where they have the opportunity and resources to fully realize their potential. We are therefore committed to developing and realizing programs, tools and processes that ensure a diverse, equitable and inclusive environment for our employees

AODA Policy

Panasonic Canada Inc. has an accommodation process in place and provides accommodations for

job applicants with disabilities as appropriate. Assessment and selection materials and procedures can be made available in accessible formats and methods as appropriate. If you require a specific accommodation because of disability or medical need, please let us know when selected to take part in our recruitment process so that reasonable arrangements can be made for the appropriate accommodations to be in place as you move through our process.

Only candidates selected for an interview will be contacted.

We thank you for your interest in working for Panasonic Canada Inc.