This key leadership role is responsible for overseeing the company’s finances and development of annual budgets. The position will be responsible for management of financial resources to ensure the achievement of the company’s business plans and objectives. The successful candidate will ensure the company accounting procedures and reporting conform to generally accepted accounting principles.
Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)
Develop and maintain internal costing and pricing procedures that align with corporate objectives
Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
Monitor and analyze monthly operating results against budget
Ensure that all statutory requirements of the organization are met including Charitable Status, Withholding Payments (CPP, EI), Income Tax, Goods and Services Tax, Employer Health Tax
Prepare all supporting information for the annual audit and liaise with Private Equity Board and the external auditors as necessary
Document and maintain complete and accurate supporting information for all financial transactions
Reconcile bank and investment accounts
Review monthly results and implement monthly variance reporting
Manage the cash flow and prepare cash flow forecasts in accordance with policy
Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate
Assist with financial reporting as required at all Board meetings
Establish guidelines for budget and forecast preparation, and prepare the annual budget in consultation with the Board
Maintain financial records for each project in a manner that facilitates management reports
Work with senior management team to develop internal procedures for product costing protocol
Work with sales team to develop pricing strategies that align with corporate expectations
Provide accurate and timely reporting on the financial activity of individual projects
Evaluate the need for new technology to meet the organization's financial data processing, control, and reporting requirements
Advise on appropriate technology that meets the organization's information requirements and financial resources
Desired Skills and Experience
Bachelor's Degree in Finance, Accounting or Business with strong Accounting experience
7 years’ experience in a mid to senior level finance or accounting position within a Manufacturing or Construction environment
Knowledge of finance, accounting, budgeting, inventory and cost control principles including Generally Accepted Accounting Principles.
Knowledge of automated financial and accounting reporting systems.
Knowledge of federal and state financial regulations
Ability to analyze financial data and prepare financial reports, statements and projections
Working knowledge of short and long term budgeting and forecasting, rolling budgets, and product-line profitability analysis.
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