Senior Director, Finance & Controller, M&D

Spin Master; Wilton (CT); On-site; USD 150,000 - 200,000; Full time

Job summary

Spin Master, a leading global children's toy and entertainment company, is seeking a Senior Director, Finance Controller for their Melissa Doug division. This role is critical for overseeing financial management, reporting, and internal controls, requiring a CPA and extensive experience in consumer goods. The successful candidate will lead a team and work closely with cross-functional partners to drive business performance and ensure compliance with financial regulations.

Benefits

Growth and Career Opportunities

Flexible Work Hours

Comprehensive Benefits

Other fun Perks!

Qualifications

• Minimum 15 years of experience in consumer goods preferred.
• Knowledge of GAAP IFRS.
• Results-oriented and dynamic with a hands-on mentality.

Responsibilities

• Lead key finance functions including accounting and financial reporting.
• Manage external audit processes and relationships with auditors.
• Establish and maintain financial records in accordance with policies.

Skills

Analytical skills

Communication

Leadership

Education

Bachelor's degree in Accounting/Finance

Active CPA

Tools

SAP

Oracle

Job description

Please Note: If you are a current Spin Master employee with access to Workday, apply to this job via the Workday application.

Are you a kid at heart looking to build a career with a leading global children's toy, entertainment and digital gaming company?

At Spin Master, our unwavering commitment to open mindedness, integrity and innovation is a great part of what has made us an industry leader. How do we stay ahead of the pack? By hiring the best and brightest minds—and that’s why we want you!

Job Description:

About Melissa Doug and Spin Master

It all started in 1988 with a boy, a girl, and a dream to make meaningful toys that would inspire hands-on, imaginative play. From classic wooden toys to realistic pretend play sets, Melissa Doug makes well-crafted toys that are developed with care to be passed down from generation to generation or shared family to family. Whether it’s creating high-quality toys that are made to last, planting trees to restore the resources we use, or ensuring their products encourage open-ended play for all kinds of kids, Melissa Doug is on a journey to make the world a better, more sustainable place. While the Company approaches $1 billion at retail annually, the quality of every toy, the experience of every child, and the trust of every parent remains at the center of everything the Company does. To learn more about Melissa and Doug’s mission and commitment to sustainability, go to MelissaAndDoug.com. Spin Master Corp. (TSX: TOY) completed the acquisition of Melissa Doug in January 2024.

The Role

The Senior Director, Finance Controller is a critical member of both the Melissa Doug Finance Team and the Spin Master global Finance team. The Senior Director, Finance Controller will lead key Finance functions for the Melissa Doug business, including accounting, financial reporting, internal controls, systems projects, integration leadership, internal/external audit management as well as oversight of accounts receivable, accounts payable and cash management. This leader will play a key role working with Melissa Doug’s new parent, Spin Master Corp. (headquartered in Toronto, Canada), to help establish new and effective ways of working together. The role will be based in Wilton, CT.

Key Responsibilities:

• Establish and maintain financial records in accordance with Spin Master’s global financial management policies, practices and timelines.

• Deliver and monitor key performance metrics, financial management reporting for internal management and for global company reporting.

• Manage the consolidation process and prepare thorough analysis and present financial results to the management team on a monthly basis. Monitor and analyze monthly and quarterly operating results against budget and forecast and advise/work closely with management on any remediation opportunities required to enhance business performance.

• Establish, maintain and ensure adequate internal controls are in place throughout Melissa Doug. Promote a culture of Risk Control, Analysis and Reconciliation, Data Integrity, Documentation and Support for the Financial Reporting processes.

• Ensure that in conjunction with the Internal Audit Group, all financial reporting and transaction processes are properly documented, controls identified, and their effectiveness evaluated and strengthened. Ensure that Internal Control Deficiencies identified are being addressed by process owners on a timely basis.

• Manage external quarterly review and annual audit process and manage relationships with external auditors ensuring efficient and effective audits.

• Manage, in conjunction with the Corporate Finance team, the planning and execution of business systems projects including the transition from Oracle and legacy systems to Spin Master’s upgraded SAP platform. Execute vision and lead departmental improvements targeting automation and process effectiveness driving towards a world-class, high-performing finance function.

• Lead and manage, in conjunction with the Corporate Finance team, the planning and execution key integration activities and projects.

• Manage, in conjunction with the Corporate Treasury Team, Melissa Doug Treasury activities including cash flow planning, liquidity management and insurance as well as the credit collections and accounts payable teams. Ensure that Cash from Operations is maximized and that Net Working Capital is minimized.

• Manage, in conjunction with the Corporate Tax team and external tax advisors, MD’s tax matters, including planning, transfer pricing and compliance including direct/indirect taxes.

• Lead and mentor the local Finance team of finance professionals in a dynamic, fast-paced environment and ensure finance functional staff are in place to deliver against company business plans; create succession plans for key finance roles as needed.

• Perform other duties, projects and analysis as needed to manage costs, improve efficiencies and drive superior business performance

Reporting:

The Senior Director, Finance Controller – Melissa Doug role reports directly to Spin Master’s Vice President, Financial Reporting based in the Corporate head office in Toronto, Ontario. This role manages a team of 23 team members via 4 direct reports :

• Director, Accounting

• Finance, SAP Implementation Lead – Record to Report

• Finance, SAP Implementation Lead – Order to Cash

• Finance, SAP Implementation Lead – Procure to Pay

The Senior Director, Finance Controller – Melissa Doug interacts closely with various cross functional partners including:

• Sr Director, FPA and Brand Finance – Melissa Doug, Wilton

• Sr Director, Supply Chain and Customer Finance – Melissa Doug, Wilton

• VP, Financial Reporting and the Corporate Financial Reporting Team, Toronto

• VP Shared Services (Credit Collections, Accounts Payable Teams) in Toronto

• VP Treasury and Treasury Team, Toronto

• VP, Internal Audit Team, Toronto

• Senior Director, Financial Planning and Analysis Team (“FPA”), Toronto

• VP Taxation, Toronto

• VP, Finance – Europe, UK

• External Auditors, as required

Candidate Profile

The successful candidate is a highly analytical, business savvy, thoughtful decision maker with experience within publicly traded consumer-oriented environments. A hands-on work style with a passion for partnership and strong communication skills are integral as this role will work seamlessly with the business and cross-functional leadership to quickly analyze and synthesize data supporting informed, timely financial decision-making. This person must be a collaborative leader who puts the success of the organization ahead of their own ego. Stylistically, this person will bring advanced communication skills and be effective in formal and informal presentations to senior leaders.

This individual must be a natural leader, possessing the presence to establish credibility with a capable existing team and among peers. S/he is a “self-starter” and a high-energy hands-on individual who has the courage to lead by example. This individual will be accessible, engaging and interactive with his/her team and possess an ability to develop respect, loyalty, co-operation and trust at all levels.

Key qualifications include:

• Active CPA with Bachelor's degree in Accounting/Finance

• Minimum 15 years of experience ideally within a consumer goods company preferred

• Experience working within a publicly traded company is advantageous

• Knowledge of GAAP IFRS

• Experience with SAP and Oracle preferred.

• Results-oriented, highly energetic, dynamic, with hands-on mentality

• Excellent communicator with the ability to present information clearly and concisely to peers and senior management

• High attention to detail and demonstrated bias for action to meet business and project objectives and timelines

What you can expect from us:

Our mission is to Make Life More Fun with a vision to push the boundaries of innovation, creativity, and fun.

• Growth and Career Opportunities
• Flexible Work Hours
• Innovation, Collaboration and Fun
• Comprehensive Benefits
• Other fun Perks!

What’s it like to work here?

Spin Master is a fast-paced, hands-on organization that provides many great opportunities for impactful decision-making; though our challenging start-up atmosphere isn’t for everyone, we have a proven record of opportunities for future advancement and internal transfers for our passionate and results driven team.

Everyone is welcome in our sandbox and we are committed to an accessible and inclusive hiring process that provides reasonable accommodation to all applicants.

Spin Master strives to create an accessible and inclusive application and selection process and is committed to working with and providing reasonable accommodation to job applicants who may require provisions to participate in the recruitment, selection and/or assessment processes. Should you require an accommodation, please contact our Talent Acquisition team, by email at [e-mail] or by phone at 416 364-6002 and we will work with you to meet your accessibility needs.

Follow us on Instagram and Twitter @SpinMaster to stay up to date on Spin Master career opportunities.

We do appreciate all interest; however only those selected for interview will be contacted.