Financial Controller

Our client, leading food manaufacturing company in Concord, is looking for Financiel Controller to join their company.

Job location: Dufferin and Langstaff in Concord

Salary: 65-80K

Job Duty:

1. Oversee Accounting department
a. Verify & update AP invoices
b. Process cheque-run & wire payments
c. Calculate payroll, keep petty cash account
d. Process OE day-end and review irregular billing
e. Check and update AR cash receipts
f. Follow up with pass-due & irregular AR accounts
g. Reconcile AR & AP accounts balance
h. Check daily bank statement activities on-line for any irregular transactions
i. Update & reconcile volume rebate balance with customer’s deductions
j. Freight analysis of individual customer in terms of gross sales percentage
k. Prepare monthly sales report & summary
l. Update sales analysis report by customer and by items
m. Coach associates for special accounting transactions
n. Review & fix incorrect entries with adjustment entries
o. Annual financial forecast & budgeting
2. Government report & remittance
a. Prepare monthly payroll deduction and remit payment (Monthly)
b. Submit monthly G-HST report to CRA and remit payment (Monthly)
c. Remit corporation tax installment payment (monthly)
d. Prepare WSIB premium statement and remit payment (quarterly)
e. Submit T4 summary to CRA and T4-slips to all employees (Annually)
3. Month-end
a. Bank reconciliation
b. Calculate monthly commission statement for sales representatives
c. Calculate and accrue monthly volume rebate for customers
d. Month-end accruals
e. Prepare month-end statements & reports for management
f. Complete and send month-end reports as required by HSBC Bank
g. Send AR aging (monthly) and sales report (quarterly) for GCNA (AR insurance company)
4. Year-end and audit
a. Perform year-end inventory count and adjustment with book inventory record
b. Arrange year-end inventory count with US Warehouse and reconcile count variance
c. Process year-end financial statement and close fiscal year
d. Send in-house completed year-end financial statements to CA firm
e. Prepare account schedules as required by the CA firm for review of financial statements
f. Answer all queries raised by the CA and provide supporting documents as required for review
g. Review with management team upon receipt of CA’s DRAFTED financial statements
h. Check, review and input year-end audit adjustments and reconcile the retained earnings balance
carry forward to new fiscal year

5. Cash flow management
a. Weekly cash-flow position review with management
b. Prioritize payments to suppliers
c. Always alert foreign currencies for USD, PLN (Poland Zloty), EUR (Germany) & CNY (China).
Discuss with management when rates are favorable. Contact exchange company to purchase
foreign currencies as needed.
d. Early retire BDC loan whenever possible
6. Import & Export Permits (as required by our industry)
a. Oversee Mandy’s preparation of permit renewals
b. Check with CFIA or USDA for permit requirement for new products, submit new application as
required
c. Handles queries from FDA/USDA when products are detained. Follow up action with handling
Officers to get final release of products.
d. Arrange and follow up product testing by EMSL for detained entry
e. Oversee the preparation of shipping documents for US shipments (if required)
7. ERP (Enterprise Resources Planning)
a. Review operation flow and make suggestions for improvement of efficiency
b. Study & review non-compliance with customer shipments and recommend solution to avoid
happening again with future shipments
c. Recommendations for operation cost savings and avoid unnecessary waste
8. Special projects assigned by the management

How to apply: 

Please send resume to resume@gc-employment.com with the subject line "Financial Controller".