Financial Controller

Recruiting In Motion - Eastern Ontario; Toronto; On-site; CAD 110,000 - 150,000; Full time

Job summary

Our client in Scarborough seeks an experienced Financial Controller to lead the accounting team and oversee financial reporting, cash flow management, and internal controls. This role provides a clear succession path toward a VP of Finance position and works closely with senior leadership.

The successful candidate will manage month-end/ year-end close, inventory costing and regulatory reporting, while mentoring staff and driving process improvements within a growing manufacturing organization.

Qualifications

• Minimum 5 years of accounting and finance experience within a manufacturing environment.
• Hands-on accounting leadership or supervisory experience (e.g., Senior Accountant, Accounting Manager, Assistant Controller, or Controller).
• CPA designation or progress toward completion is an asset.

Responsibilities

• Oversee month-end and year-end close processes with GAAP-compliant financial reporting.
• Prepare and analyze financial statements, management reports, reconciliations and schedules.
• Manage general ledger, entries, accruals, inventory valuations and related controls.
• Monitor cash flow, working capital and financial performance; provide leadership with analysis and recommendations.
• Oversee manufacturing costing, labour and material costing, and internal controls.
• Coordinate external audit and support tax compliance and statutory reporting.

Skills

Excel

Leadership

Communication

Financial reporting

GAAP knowledge

Education

Post-secondary education in Accounting/Finance

CPA designation or progress toward CPA

Tools

ERP systems

Job description

About the Opportunity

Our client is seeking a Financial Controller to join an established manufacturing organization in Scarborough. This is an excellent opportunity for an experienced accounting professional looking to take the next step in their career, with a clear succession path toward a VP of Finance position. The successful candidate will oversee financial reporting, day-to-day accounting operations, cash flow management, internal controls and a small accounting team. Working closely with senior leadership, they will play a key role in supporting the financial operations of the business while gradually taking on increased responsibility. This opportunity offers a stable working environment, direct exposure to senior leadership and strong potential for long-term career growth.

Key Responsibilities

• Oversee month-end and year-end close processes, ensuring accurate and timely financial reporting in accordance with GAAP.
• Prepare and analyze financial statements, management reports, reconciliations and supporting schedules.
• Manage general ledger accounting, adjusting entries, accruals, inventory valuations, foreign exchange transactions and other accounting activities.
• Monitor cash flow, working capital and financial performance, providing analysis and recommendations to senior leadership.
• Oversee inventory accounting, manufacturing costs, labour and material costing, and related financial controls.
• Review payroll reporting, journal entries and reconciliations, and oversee regulatory reporting including HST, EHT and WSIB.
• Coordinate the annual external audit and support corporate tax compliance and other statutory reporting requirements.
• Lead, mentor and support the accounting team, ensuring accuracy, accountability and effective day-to-day operations.
• Maintain and strengthen internal controls, accounting processes and financial reporting procedures.
• Support financial planning, capital expenditure analysis and other key business decisions.
• Identify opportunities for process improvements, reporting efficiencies and future financial systems enhancements.

Qualifications

• Minimum 5 years of accounting and finance experience within a manufacturing environment, ideally including experience in an engineer-to-order manufacturing environment.
• Previous experience in a hands-on accounting leadership or supervisory capacity, ideally as a Senior Accountant, Accounting Manager, Assistant Controller or Controller.
• Post-secondary education in Accounting, Finance or a related discipline.
• CPA designation or progress toward completion is considered an asset.
• Strong technical accounting knowledge, including financial reporting, month-end and year-end close, general ledger management and internal controls.
• Experience with manufacturing accounting, inventory valuation, labour and material costing, and an understanding of production processes.
• Strong Microsoft Excel skills and experience working with manufacturing ERP or accounting systems.
• Exposure to ERP implementation or system improvement initiatives is an asset.
• Experience with cash flow management, financial analysis and foreign currency transactions is an asset.
• Demonstrated ability to lead and support an accounting team while remaining actively involved in day-to-day accounting activities.
• Excellent communication and interpersonal skills, with the confidence and professionalism to work closely with senior leadership.
• Highly organized, dependable and self-motivated, with sound judgment, strong attention to detail and a practical, hands-on approach.
• A demonstrated history of professional commitment and genuine interest in long-term career growth within an established organization.

AI may be used to support certain administrative aspects of our recruitment process. However, all applications and resumes are reviewed by qualified human reviewers, and all screening and hiring decisions are made solely by the hiring team.

The posted salary range reflects expected compensation for this role in accordance with Ontario pay transparency requirements. Actual compensation will be determined based on the successful candidate’s experience, skills, and qualifications and may fall anywhere within the range.