Socomec Group Looking for Financial Controller at Brampton, Ontario, Canada Full Time

About this role

Powersmiths International Corp. is a member of the Socomec North America group of companies, a global organization with nearly a century of success in providing innovative solutions within the energy industry.

This high impact and strategic role works with senior members of the Powersmiths organization to inform business decision-making and determine and implement business strategies for profitable business growth.

This role oversees and directs finance and accounting functions within the entity. The scope of this role includes all aspects of the finance function including: accounting, reporting, budgeting, strategic planning, tax, cash management, legal matters, internal control, and risk assessment.

Key Responsibilities and Accountabilities:

• Lead the local Finance team responsible for all financial activities, operational and performance analysis, internal controls and governance:

-Ensure and oversee the timely, accurate and efficient monthly accounting close;

-Manage the integrity of the P&L and Balance Sheet;

-Effective management of Receivables and Payables.

• Responsible for monitoring of sales, margin, and operating expense targets and plant KPI’s;
• Review, understand and communicate monthly all significant variances and interpretation of operating results;
• Ensure compliance with internal accounting controls, financial policies and operational procedures;
• Drive clear COGS understanding / Manage cost accounting:

-Tracking/monitoring of project costs.

• Evaluate and analyze yield, quality, and plant resource usage. Improve operational efficiencies; by reducing production costs and losses with clarity into manufacturing execution;
• Lead initiatives to drive efficiencies which reduce manufacturing variances vs. standard costs (scrap, yield) and variable spend variances;
• Focus on improving business cash-flow notably through:

-Timely customer billing and AR collection;

-Sound inventory management. Ensure accuracy and control of physical inventory;

-Ensuring capital purchases are forecasted, tracked and capitalized appropriately;

-Lead annual budgeting & planning cycles, monthly revised P&L forecasts, variance analysis for the commercial activities and manufacturing plant.

Essential Qualifications, Experience and Skills:

• Minimum of 10 years of progressively responsible financial leadership roles;
• Manufacturing/Plant accounting;
• Bachelor’s degree in finance/accounting/business;
• Excellent leadership skills;
• Continuous improvement and customer service approach;
• Tech savvy with a strong background in financial reporting and tools;
• Strong analytical and problem solving skills ;
• Able to exercise sound judgment and make decisions based on accurate and timely analysis;
• Highest level of ethics, integrity and dependability with a strong sense of commitment and urgency;
• Strong verbal and written communication skills with the business acumen to clearly present concepts and ideas to a wide audience, with the appropriate level of tact and diplomacy;
• Excellent interpersonal skills, with the ability to work effectively with all levels of the organization; able to quickly gain credibility and trust;
• Appreciation of the growing market and customers that the business serves;
• Adept at managing multiple complex projects concurrently;
• Encourages and demonstrates accountability; focused on meeting goals and deliverables on time and at the highest quality level possible;
• Resourceful and energetic; demonstrates a passion for results and a winning outlook;
• Thrives in an environment, which is dynamic, entrepreneurial and innovative;
• Is client-centric; proactively anticipates and actions business needs;
• Successfully establishes and maintains long-term relationships;
• Highest degree of comfort in using business/financial information, reporting, and analytic tools;
• Ability to travel to international destinations; must possess and maintain a valid passport for international travel;

Working Conditions:

• This role is located in an office environment;
• This role will be reporting to CEO Powersmiths and CFO Socomec, North America;
• Must be available for occasional business travel to international locations, including France and the USA.

Compensation:

• Socomec provides competitive compensation and a group benefits package.

If you believe you have the necessary skills and experience for this job, please upload your résumé and apply through LinkedIn.

Upon request, we will provide reasonable accommodation for disabilities to support participation of candidates in all aspects of the recruitment process. All qualified applicants will receive consideration for employment.

We thank all those who apply. However, only those candidates selected for an interview will be contacted.