Financial Controller

Nexans USA Inc; Markham; On-site; CAD 70,000 - 110,000; Full time

Job summary

Join a pioneering company in the electrification sector as a Financial Controller, where you will play a vital role in maintaining financial processes and ensuring timely corporate financial deliverables. This position offers a dynamic work environment with opportunities for professional growth and development. You will be at the forefront of financial management, coordinating budgets, overseeing cost control, and contributing to significant projects that shape the future of electrification. If you are passionate about finance and eager to make an impact, this role is perfect for you.

Benefits

Comprehensive benefits package

Flexible healthcare options

Defined Contribution Plan

Voluntary retirement fund options

Internal mobility opportunities

Qualifications

• University degree in finance or accounting required.
• Minimum 3 years of controlling/reporting experience in manufacturing.

Responsibilities

• Coordinate budget and forecasting processes on time.
• Prepare and communicate global reporting for entity and business unit P&Ls.

Skills

Cost Accounting

Financial Reporting

Advanced Excel Skills

Communication Skills

SAP

Hyperion Financial Management

Bilingual English / French

Education

University Degree in Business, Finance, or Accounting

Professional Accounting Designation

Tools

ERP Finance Modules

SAP

Hyperion Financial Management

Job description

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Required experience: Experienced - over 5 years

Reference ID: 76895

Country: Canada - Location: Thornhill

Function: Finance

Contract Type: Permanent Contract

WHO ARE WE?

At Nexans, our global vision is to electrify the future. For over a century, Nexans has played a crucial role in the electrification of the planet. With around 28,000 people in 42 countries, the Group is leading the charge to the new world of electrification: safer, sustainable, renewable, decarbonized, and accessible to everyone. Nexans recognizes the differences that make each employee valuable and unique.

WELCOMING YOU TO THE TEAM

Our story starts in 1911, manufacturing cables to support the distribution of power generated from Niagara Falls. Nexans has proudly contributed to Canada's growth. We have been involved in many of Canada's most ambitious projects; from dams, bridges, energy transmission and distribution to railroads and transportation. We are a vertically integrated manufacturer, and our products are made at facilities located in Quebec, Ontario, and Saskatchewan.

As a Financial Controller, you will report directly to the Finance Director of the BU North America and you will have a key role in maintaining the financial processes and designing a full, proper, and well-functioning control environment. This position will also act as a key user for implementation and evolution of finance applications.

GETTING TO KNOW THE POSITION

The Financial Controller will focus on ensuring and coordinating in a timely manner all corporate financial deliverables according to Group guidelines. Performing cost accounting, inventory valuation, and control of financial & operational flows. The role will also be in charge of following up transversal financial topics including: evolution of indirect costs for the entity, defining and coordinating evolutions on systems and processes, and adapting them to local constraints & environment.

HOW YOU MAKE AN IMPACT

Finance Organization Management

• Maintains financial processes, master data, and systems in line with Nexans processes, procedures & internal control principles.
• Acts as a key user for implementation and evolution of finance applications (e.g. ERP Finance modules).

Forecast and Planning

• Coordinates the budget and forecasting process on time and checks consistency.
• Prepares the annual budget and forecast for support functions and transversal costs (profit sharing, taxes…).
• Manages cost control of central/support function costs.
• Coordinates and validates the split of indirect costs.
• Challenges other departments for improved cost controlling / efficient internal process proactively.

Record to Report

• Prepares, consolidates, and communicates the global reporting (figures, statistics, KPIs…) for the entity and business unit P&Ls in a compliant and timely manner.
• Manages transversal administrative and controlling matters at entity level: enquiries, report on entity results, follow-up of restructuring…
• Provides information regarding finance or organization to external stakeholders.
• Synthesizes and prepares management reports on entity performance.
• Continuously looks for and identifies cost reduction opportunities of own entity.
• Follows up direct and indirect costs (salaries and expenses, hours) of own entity.
• Coordinates the update of the product standard costs. Verifies and validates valuation principles.
• Monitors the sales figures, margin analysis on customer, segment, and product.
• Coordinates the review of external auditors both for statutory accounts and consolidation financial reporting. Supports internal/external auditors and legal authorities in the execution of required activities – ensures staff and information are available as required.
• Make all necessary suggestions for the improvement of the reporting system.

Business Performance and Partnering

• Follows up support function costs and continuously looks for and identifies cost reduction opportunities at entity level through analysis, benchmark, and comparison.
• Contributes to transversal matters and specific projects (restructuring, changes, mergers…).
• Synthesizes the investment plan, prepares data for capital expenditures requests for approval, monitors capital expenditures budget in cooperation with Plant Controllers/Managers.
• Ensures company operations are compliant with Corporate rules and local regulations and analyzes risks.
• Shares possible risks & benefits with BU Finance Directors and makes relevant recommendations.

Internal Control

• Contributes to internal control on own perimeter.

Financing and Cash Management

• Analyzes the evolution of the cash flow statement and follows up working capital analysis.

Metal Hedging

• Works closely with the metal hedger to help support & facilitate the daily processes for metal hedging.

WHAT YOU BRING TO THE ROLE?

• University Degree in Business, Finance, or Accounting.
• Professional accounting designation is an asset.
• Excellent knowledge of Canadian GAAP required. International IFRS would be an asset.
• Minimum 3 years controlling/reporting within a manufacturing costing environment (preferably).
• Advanced excel skills.
• Strong personal communication and general business understanding.
• Experience in a corporate consolidation role involving the reporting of multiple business lines, legal entities, and currencies is desirable.
• Familiarity with SAP and Hyperion Financial Management would be a definite asset.
• Bilingual English / French is an asset.

WHY WORK WITH US?

• Interesting and varied work in an international, dynamic, and multidisciplinary environment.
• As a group, we believe in empowering our employees to reach their full potential, that's why we're committed to providing you with a range of internal mobility opportunities for professional and personal development.
• Comprehensive benefits package including flexible dental/healthcare/vision options, a competitive Company matched Defined Contribution Plan, additional voluntary retirement fund options.

Requests for accommodation due to a disability (which may be visible or invisible, temporary or permanent) can be made at any stage of application and employment. We encourage candidates to make their accommodation needs known so that we can provide equitable opportunities.

OUR GROWTH CULTURE

Among our employees, we share the same values - we are pioneers of the energy transition, dedicated to delivering to the highest standards of performance, united to achieve our ambitious goal.

At the individual level, our growth culture is built on trust and collaboration. We wish to welcome you as a valuable member of our team. To enable impact, we believe in autonomy at the local level while we encourage knowledge sharing within our global engineering competence.