Program Finance Team Lead

ATS Automation; Cambridge; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading automation company in the Region of Waterloo is seeking a Project Finance Lead. This role involves providing financial insights for planning, overseeing revenue forecasting and budgeting for projects valued at 100-150 million annually. Applicants should have a minimum of 7 years in corporate finance, strong analytical skills, and a post-secondary degree in finance or accounting. Join us to improve lives through innovative projects! We offer competitive total rewards, including a comprehensive benefits package.

Benefits

Competitive starting salary

Overtime pay eligibility

Paid vacation

Health and dental benefits

5% RRSP matching program

Employee Share Purchase Program

Qualifications

• Minimum of 7 years experience in corporate finance.
• Manufacturing or cost accounting experience is a plus.
• Ability to work with minimal supervision in a team oriented environment.

Responsibilities

• Translate project team inputs into financial insights for planning.
• Support preparation of divisional budgets, forecasts, and long-term plans.
• Maintain accounting records and ensure safeguarding of company assets.

Skills

Analytical skills

Communication skills

Accounting skills

Education

Post-secondary diploma or degree in accounting, finance

Professional financial designation (CA, CPA, CMA, CGA)

Tools

PC based accounting systems

Job description

Job Description

The project finance lead would be the finance business partner to the Program/ project managers of Cambridge Life Sciences systems responsible for > $150 Mn in annual revenue. The primary role is to translate the project team inputs into financial insights for planning and reporting purposes. You will provide financial and analytical support for the operations and sales activities within the division and be a critical part of the finance function.

SPECIFIC RESPONSIBILITIES

• Business planning and support:
• Finance lead for all project finance related topics - Revenue forecasting, Budgeting, cost overview, R&O
• Responsible for projects with 100-150 Mn in annual revenue
• Part of the project review meeting to oversee project progress
• Support preparation of the divisional annual budgets, forecasts and long-term plans as required. Identify areas of risk within business plans. Prepare an Executive summary of the business plan for the division for the Executive Team.
• Work with the Controller of the division to develop and implement a performance measurement. system for the division, including implementation of the ATS Scorecard at the division.
• Perform tasks assigned by members of the Executive Committee and Corporate Finance in accordance with specified schedule.
• Other day-to-day business support tasks as required

INTERNAL CONTROLS AND COMPLIANCE

• Plan, organize, direct and control the financial reporting, accounting and general financial affairs of the division.
• Maintenance of the accounting records in a timely, accurate and complete manner.
• Ensure the safeguarding of company assets.
• Maintenance of the internal controls memorandum, a document outlining the operational controls in place at the division.

FINANCIAL REPORTING AND ACCOUNTING

• Review operational results for projects. Interpret and communicate financial results through the use of the standard financial reporting package, as distributed by the Corporate Finance department, in accordance with the schedule provided. Ensure that divisional financial results are explained completely and accurately, with variances explained and areas of risk identified.
• Responsible for ensuring that the Cambridge Systems Division financial reporting is in accordance with Canadian GAAP.
• Responsible for preparing audit working papers on a quarterly basis, ensuring that all accounts are reconciled.
• Develop and/or prepare specific financial analysis as assigned by Controller, Corporate Finance, or Division General Manager for the effective management of the division and interpretation of results.

HUMAN RESOURCES

• Develop and train personnel, not only to satisfy reporting and control requirements, but also to ensure proper succession planning.
• Work with team to set objectives and monitor performance throughout the year through the use of scorecards and performance appraisals.
• Ensure that all business activities are performed with the highest ethical standards and in compliance with the ATS Code of Business Conduct.
• Adhere to all health and safety rules and procedures.

Health, Safety and Environmental

• All employees have the responsibility to work in a safe manner and report any health, safety or environmental concern to their manager or supervisor in a timely manner.
• Work in compliance with divisional health, safety and environmental procedures
• Refrain from removing or altering safety devices or guarding unless hazardous energies are controlled through lockout-tagout methods
• Report any unsafe conditions or unsafe acts
• Report defect in any equipment or protective device
• Ensure that the required protective equipment is used for the assigned tasks
• Attend all required health, safety and environmental training
• Report any accidents/incidents to supervisor
• Assist in investigating accidents/incidents·
• Refrain from engaging in any prank, contest, feat of strength, unnecessary running or rough and boisterous conduct

Qualifications

Education:

A post-secondary diploma or degree specializing in accounting, finance or equivalent. A professional financial designation such as CA, CPA, CMA or CGA is a plus.

Experience:

A minimum of 7 years experience in corporate finance. Manufacturing / cost accounting experience will be a plus. Individual must have an ability to communicate efficiently and effectively with people at all levels of the organization both verbally and in written form. Experience with PC based accounting systems and software tools are required. In addition, an ability to work with minimal supervision and guidance in a team oriented work environment is mandatory. Strong analytical, financial and accounting skills as well as an ability to significantly contribute to the management of the division are keys. Finally, person must be hands‑on and must be able to meet deadlines.

If you're excited about this role, but do not meet all the qualifications listed above, you are still encouraged to apply.

Why YOU should join our ATS Life Sciences Systems team:

We value our PEOPLE – The foundation of a great company is having the best team which is why we continuously work to develop, engage, empower and energize our people. The best people want to work with the best team – the best teams are diverse and inclusive teams.

What we do MATTERS – our Life Sciences projects contribute to improving the lives of people around the world! ATS has made a commitment to be carbon neutral by 2030!

INNOVATION and PROBLEM SOLVING is at our core - Our pursuit of continuous improvement in everything we do. Our focus is on building diverse teams, stimulating innovation by challenging conventional thinking, encouraging fresh ideas and promoting creative problem-solving.

We prioritize internal GROWTH & DEVELOPMENT – ATS offers endless opportunities for professional growth and development – with a tuition reimbursement program, individual development programs and a commitment to promoting from within - there is space for you to grow your career at ATS!

We offer COMPETITIVE Total Rewards - Competitive starting salaries, overtime pay eligibility, paid vacation, Employee Incentive Bonus program, comprehensive health and dental benefits including Lifestyle Spending Account, 5% RRSP matching program and optional Employee Share Purchase Program.

A place to BELONG: We celebrate our differences and ensure that all employees have equal opportunities for growth and development. We believe that diversity of thought, background, and experiences is essential for our success and innovation.

ATS is in compliance with the Accessibility for Ontarians with Disability Act (AODA), 2005 and will, upon request, assist those who may require specific accommodations due to a personal disability. We would ask that those who require assistance to notify our offices as soon as possible if accommodation is necessary.