Divisional Controller - Mississauga, Canada - Magellan Aerospace

Magellan Aerospace

Verified Company

Mississauga, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide.

At Magellan we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth:
People create value.

Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual and invest in our employees.

When you are part of Magellan, you are part of the team

Position Summary

Magellan Aerospace, Mississauga has a great opportunity for a
Divisional Controller. The successful incumbent will be responsible for all finance activities within the division and will provide financial expertise in accounting, transaction processing, financial reporting, internal controls and business financial analysis in line with Magellan policies and procedures.

As the most senior financial leader at the division, you will be responsible for ensuring the recording of accurate financial data, and the timely production of the financial reporting for the division.

You will also lead the analysis of business trends such as sales, cost of sales, cash, inventory, etc.

is necessary to ensure that risks and opportunities are identified and managed appropriately as well as participate and compile the annual Budgeting, Strategic Plan, and monthly Forecasting processes for the division, helping guide appropriate targets based on your business expertise.

Essential Responsibilities

Manage the Finance, Costing, and Payroll functions for the division
Responsible for supervising and mentoring the Finance department; ensuring that this department meets the service expectations of other departments and the business overall.
Interpret the Divisional financial performance and project outcomes. Develop and put into action initiatives to positively influence financial position.
Responsible for compiling financial budgets and forecasts. Review and assess financial performance to budget/forecast and take appropriate actions to ensure the business operates to budget/forecast.
Weekly cash forecasting & associated reporting
Review of Payroll processing
Preform daytoday handson work as needed to meet reporting requirements
Monthly review of financial statement preparation, including account reconciliations and reporting package submission to Corporate Office
Support the Divisional Manager to drive the site to meet or exceed all annual metrics by addressing production and costing issues
Annual review of costing models
Support inventory validation programs including cycle counts, and the annual physical count
Oversee capital expenditures and support capital expenditure appropriation process
Participate in the preparation of the annual update for the Five Year Strategic Plan based on the analysis of the company's status and financial forecasts
Establish and implement short

- and long-range department goals and objectives and motivate the finance team towards achieving the goals

Support for new business development activates, and review of associated financial data
Manage internal and external audits
Participate in strategic & business initiatives as required and support project analysis, validation of plans, and adhoc requests
Oversee risk management & compliance activities

Position Requirements

University degree specializing in finance, commerce or equivalent.
Accounting designation, CPA or CMA preferred
Minimum 5 years experience as a Controller or Finance Manager in a manufacturing environment
Experience and education relating to IT, project management is an asset
Microsoft office, excel, power point and system skills
Ability to work with different levels of people utilizing superior communication skills
Very good working knowledge of Accounting, Cash Management, Forecasting & Budgeting
Skilled in areas of cost accounting, general ledger, accounts payable and financial reporting experience
Excellent business acumen, with strong ability to communicate verbally
Ability to work and effectively communicate with seniorlevel business partners
Motivated, self starter that is highly analytical and action oriented
Ability to prioritize and work under pressure to meet deadlines
Above average analytical and technical skills
Excellent decision making skills, including information gathering and problem solving
A strategic thinker with a strong attention to detail
Ability to multitask, prioritize, and provide followup
Experience with ERP systems and ERP implementations