Financial Reporting Manager - Burlington, Canada - Opta Group LLC

Opta Group LLC

Verified Company

Burlington, Canada

3 weeks ago

Posted by:

Sophia Lee

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Description

Opta's purpose is to be the leading supplier of performance materials and solutions in the steel, infrastructure, and specialty chemical industries.

The Financial Reporting Manager ("FRM") role will work closely with the Corporate Finance leadership team to ensure that the finance function is a valued partner to Opta's business and its leaders.

The FRM will be responsible for delivering consolidated financial information and critical business insights to senior management and other key stakeholders.

Furthermore, this role incorporates a combination of financial analysis, business modelling, process/systems development, and project management to ensure that business and financial objectives are met.

ESSENTIAL DUTIES & RESPONSIBILITIES

Financial Planning and Analysis:

Develop relationships with various stakeholders (corporate and divisional colleagues) and partner with them to plan, create, and present annual budgets, periodic forecasts and manage and track their performance against set goals
Responsible for managing the overall framework/rules governing Opta's business planning cycle, with a mindset towards continuous improvement, with the desired outcome being a synchronized budget process that logically connects the divisional level all the way up to corporate level
Coordinate the consolidation of budget and forecast information and prepare analysis and reporting to senior leadership team
Support the development of and maintenance of the company's multiyear strategic plan and help to define the key business priorities and scorecard metrics in conjunction with the senior leadership team

Accounting and Consolidations:

Responsible for consolidation of all group subsidiaries and all activities to facilitate the timely and accurate production of financial statements, KPIs and analysis
Prepare and post corporate journal entries, including elimination entries, corporate cost allocations and fair value adjustments, as well as reconcile intercompany balances
Develop and maintain global financial control and accounting policies in accordance with IFRS
Advise on accounting for nonroutine and complex business transactions

Financial Reporting:

Review and understand the monthly financial results of each business division and participate in monthly operations calls with business leaders
Prepare consolidated monthly management reporting, including income statement, balance sheet, cash flow and financial KPIs, for senior leadership team and shareholders
Assist in the preparation of annual financial statement and disclosure, in accordance with IFRS
Lead coordination of yearend audit

Other:

Provide value added leadership to advance the sophistication of the corporate reporting function such as effectively utilizing Cognos for consolidation; collaborate within the function to reduce the close period; establish achievable but ever improving timelines to gather and analyse financial data; build strong linkages between divisions and corporate when gathering and analyzing financial information
Other duties as assigned

CANDIDATE PROFILE

Specific performance and personal competencies:

Sound and current knowledge of accounting principles and financial reporting under IFRS
Knowledge of ERP/consolidation systems, controls, and master data management
Articulate, straightforward, and succinct with excellent verbal and written communication skills
Capacity to work successfully with peers in the pursuit of common enterprisewide goals
Ability to produce results through influence and persuasion, as opposed to direct line authority
Wellrounded business acumen and experience in assessing operations and business processes
Proven track record of developing and motivating a high performing teams
Advanced knowledge of Excel is required and experience with Power BI, Tableau or other data analytics tools would be an asset
Passion for producing results that have an impact
Desire to advance in the organization

Education:

Bachelor's degree in Finance or related area
CPA designation

Experience:

7+ years of progressive financial reporting and analysis experience with fastpaced business environments
Manufacturing company experience would be an asset

TRAVEL REQUIREMENTS

Some travel required

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.

Duties, responsibilities, and activities may change at any time with or without notice

Our vision is to expand our geographic reach with effective solutions and to diversify into other basic materials industries such as aluminum, copper, concrete, and glass.

We will accomplish this by leveraging our customer-focused approach with our innovative product portfolio, equipment, and service.