Finance Manager

LOC Medical; Cambridge; On-site; CAD 60,000 - 80,000; Full time

Job summary

LOC Medical, a leading provider of patient entertainment technology, is seeking a Finance Manager in their Cambridge, Ontario office. The successful candidate will ensure accurate financial operations, budgeting, forecasting, and reporting to support the business. This full-time permanent position offers a competitive salary, annual bonuses, and comprehensive benefits.

Benefits

Annual bonus up to 5% of salary

10 paid vacation days + 2-week year-end paid time off

Company benefits

Qualifications

• At least 2 years of experience in a relevant finance role.
• Experience with hands-on finance operations.
• Ability to work independently.

Responsibilities

• Manage financial operations including bookkeeping and reconciliations.
• Prepare monthly financial statements and analyze variances.
• Create and improve internal procedures for financial compliance.

Skills

Detail-oriented

Time management

Multi-tasking

Education

Bachelor's degree in accounting or finance

Tools

Odoo

Excel

Power BI

Job description

Company Profile : LOC Medical offers complete turnkey solutions to fit any hospital’s patient entertainment needs through ensuring the right in-room technology is available for the patient, their family members and the healthcare professionals.

Job Description : Reporting to the Director of Finance, working out of the Ontario office located in Cambridge Ontario, the Finance manager will be a contributing member of the finance team, helping to manage the financial operation of LOC business units. The objective of the the Finance Manager is to ensure accurate bookkeeping, reliable and accurate financial data, financial compliance and the delivery of clear financial analyses. The Finance Manager is responsible for managing financial operations including, but not limited to :

• Operational Accounting : Entry of supplier invoices, recording accounting entries (accruals, amortization, closing entries), verifying and reconciling general ledger and subledger account balances, and actively participate in monthly and annual closings.
• Closings and Reporting : Prepare monthly financial statements, including variance analysis vs. budget and compile closing files to be submitted to the external auditor (supporting documents, analyses, etc.).
• Budgeting & Forecasting : Consolidate budget data from different departments, implement budget tracking tools, produce monthly forecasts (rolling forecast) and analyze variances between actuals and forecasts.
• Cash-Flow Monitoring : Update and monitor the daily cash position, check bank transactions and perform bank reconciliations, manage supplier payment deadlines and customer collections.
• Internal Controls and Processes : Create, implement and improve internal procedures (expense approvals, invoicing workflows, cash controls) and ensure compliance with these processes, policies and procedures.
• Tools & Information Systems : Use an ERP system (Odoo) to track accounting data, extract data for dashboards using Excel or Power BI, participate in the implementation of new management tools or accounting modules.

Ideal Experience, Profile & Requirements :

• Bachelor's degree or further education in accounting or finance.
• At least 2 years of experience in a relevant & comparable finance role.
• Experience with hands-on finance day-to-day operations (data entry, reconciliations, team coordination).
• Extremely detail-oriented and meticulous.
• Ability to work independently.
• Excellent time management and multi-tasking skills.

Other Details : Compensation :

• Salary : $60,000 – $80,000 / year based on experience.
• Annual Bonus : Up to 5% of annual salary.
• Company Benefits.
• 10-paid vacation days + 2-week year-end paid time off.

Location : This role will operate out of the Ontario LOC Office located in Cambridge, Ontario.

Type of Work : Permanent, Full-Time

Workdays & Hours : Monday – Friday, approx. 8-hour workdays between the hours of 8 : 00am – 6 : 00pm.