Assistant Financial Controller

CT Bakery; Toronto; On-site; CAD 85,000 - 110,000; Full time

Job summary

CT Bakery is seeking an Assistant Financial Controller to hands-on support day-to-day financial operations, reporting, budgeting and costing in a food manufacturing environment in Toronto. The role collaborates with the CFO and plant teams to ensure accurate financial information and strong internal controls.

Ideal candidates will have experience with standard costing, inventory valuation, QuickBooks, and ERP systems, plus CPA progress or designation.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.

Responsibilities

• Support full-cycle accounting including journal entries and GL reconciliations.
• Prepare monthly, quarterly, and annual financial reports.
• Perform financial and operational variance analysis for management review.
• Prepare vendor cheques and ensure timely payments.
• Maintain and analyze standard costs for raw materials, packaging, labour, and finished goods.
• Monitor inventory transactions with Production, Warehouse, Purchasing, and Supply Chain teams.
• Reconcile inventory sub-ledgers to GL and investigate variances.
• Assist with budgeting, forecasting, and financial planning processes.
• Provide financial insights related to costs, margins, inventory and ops performance.
• Identify control gaps and drive process improvements in accounting workflows.

Skills

Financial modelling

Data analysis

Cost accounting

Inventory management

Variance analysis

Attention to detail

Education

Bachelor’s degree in Accounting/Finance

CPA designation or progress toward CPA

Tools

Excel

QuickBooks

ERP systems

Job description

The Assistant Financial Controller is a hands-on accounting and finance professional responsible for supporting the company’s day-to-day financial operations, reporting, budgeting, costing, inventory management, and internal controls. Working closely with the CFO and operational teams, this role provides accurate financial information and analysis to support business decisions and maintain strong financial controls.

Experience in a food manufacturing or CPG environment, particularly with inventory, standard costing, and manufacturing financial processes, is strongly preferred.

KEY RESPONSIBILITIES

• Support full-cycle accounting, including journal entries, general ledger reconciliations, accruals, and account analysis.
• Prepare monthly, quarterly, and annual financial reports and statements in accordance with applicable accounting standards.
• Perform financial and operational variance analysis and prepare reports for management review.
• Prepare vendor cheques and ensure payments are processed accurately and on a timely basis.
• Maintain and analyze standard costs for raw materials, packaging, labour, and finished goods.
• Monitor inventory transactions and work with Production, Warehouse, Purchasing, and Supply Chain teams to maintain accurate inventory records.
• Reconcile inventory sub-ledgers to the general ledger and investigate variances between physical and system inventory.
• Support BOM costing, inventory valuation, production costing, and cost variance analysis.
• Assist with annual budgeting, forecasting, and financial planning processes.
• Prepare financial analysis and management reports to support operational and business decisions.
• Monitor actual results against budgets and forecasts and investigate significant variances.
• Provide financial insights related to costs, margins, inventory, and operational performance
• Support the development, implementation, and maintenance of effective financial controls and accounting procedures.
• Maintain accurate financial records and supporting documentation.
• Identify control gaps and support process improvements to strengthen financial accuracy and efficiency.
• Identify opportunities to improve financial workflows, reporting accuracy, and accounting efficiency.
• Perform other accounting and financial duties as assigned by the CFO.

QUALIFICATIONS & EXPERIENCE

• Bachelor’s degree in Accounting, Finance, or a related field.
• 5+ years of progressive accounting experience, preferably in food manufacturing, manufacturing, or CPG.
• CPA designation or progress toward CPA designation is an asset.
• Strong knowledge of standard cost accounting, inventory valuation, BOM costing, and manufacturing accounting.
• Hands-on experience with QuickBooks.
• Advanced proficiency in Microsoft Excel, financial modelling, and data analysis.
• Experience with ERP or accounting system implementation and process improvement is an asset.