The Assistant Controller (known to CRD as 'The Assistant Controller & Strategic Business Analyst') is responsible for keeping accurate accounting records as well as completing the monthly financial statements, while supporting Finance & company initiatives for growth. This role includes having a thorough understanding of day-to-day business operations and supporting all financial aspects of Clinical Research Dental Supplies & Services Inc. Key attributes for this role include problem solving, strong communication and multitasking skills, a high attention to detail, strong analytical skills, and the ability to work in a fast-paced environment. Responsibilities for this role include preparing & supporting various financial reporting requirements, assist in developing and reporting on key financial metrics, engaging with multiple departments to ensure overall company profitability, and supporting special projects to drive growth.
A working relationship with the Management team will be required. This position will be based at the company headquarters in London, ON, and reports to the Director of Finance.
Responsibilities
- Financial Preparation & Support
- Assist with month-end closings, including but not limited to balance sheet reconciliations, preparation of supporting schedules, journal entries, accruals, P&L analysis, financial statement preparation and finalization, and various analyses completed as part of the financial close
- Calculation and completion of quarterly tax provision entries for review by the Director of Finance
- Act as backup for payment remittance preparation
- Administration of Concur expense report system & updating of related supporting materials
- Assist in organizing annual inventory counts, including entering counted quantities, validating the accuracy of inventory count data, and assisting to minimize count variances
- Assist with inventory issues identified throughout the year, including understanding financial impact, followed by organizing & implementing corrective actions as required
- Assist in various other financial preparation as required
- Help drive department KPI’s and ensure deadlines are met by supporting department areas as needed
- Financial Reporting
- Assist in various aspects of company reporting in conjunction with the Director of Finance, including high-level summaries of financial performance, variance analyses versus budget, monthly budget true-ups and projections, and commercial product performance in conjunction with the Financial Business Analyst
- Work with the Director of Finance and Financial Business Analyst to develop annual departmental budgets and spend tracking, including specific budgets for large events & conferences
- Update and analyze financial reporting calculations for various company accruals, including inventory reserves, bad debts, and commissions
- Preparation of detailed calculations and support for annual transfer pricing return in line with CRA requirements
- Work with the Director of Finance to develop CRD company budgets across all areas of company activities (sales, operating expenses, territory targets, product portfolio goals, etc.)
- Work with the Director of Finance on analyzing and improving Company profitability
- Engage in bi-annual inventory rationalization reviews with Operations to identify and determine strategies for slow-moving inventory, and follow-up with Sales & Marketing teams to drive accountability to action
- Prepare and assist with any queries required from the external financial auditors as directed by the Director of Finance
- Assist Director of Finance in preparation of financial metrics for presentation to various groups
- Prepare various ad-hoc reporting items as required
- Departmental Projects
- Drive new Finance processes and initiatives, including developing new processes where required, including but not limited to:
- Engaging with company bank contacts to determine additional opportunities for cash collections and secure payment issuance
- Discussing with internal ERP resources to automate certain financial processes
- Work with the Financial Business Analyst to determine reporting capabilities in existing systems and develop systematic processes to continuously analyze key metrics
- Engage and discover areas for efficiencies and improvement within the Finance department and lead these initiatives in conjunction with the Director of Finance
- Continuously identify opportunities to create a smoother experience for external customers to financially interact with CRD, and drive implementation of these opportunities in conjunction with internal and external resources
- Assist with vendor chargeback submissions & negotiations where needed
- Prepare company strategic analytics for review by leadership (such as DSO, wholesale, SDM, pricing, etc.)
- Assist in identifying & assessing opportunities for growth & implementation of growth initiatives
- Additional Responsibilities
- In conjunction with the Financial Business Analyst & the sales team, assist with management of annual customer territory updates
- Completion of detailed analysis of product pricing (wholesale and retail) before providing to Director of Finance for review. Upon review, oversee implementation within ERP system by designated deadlines.
- Assist in completion of financial assessment & modelling related to opportunities to drive gross margin growth, customer retention, new commercial opportunities, etc.
- Setup of various ERP financial workflows & processes as required to adapt to evolving reporting & company goals.
- Completion of various analytics to support growth where required, with an emphasis on special projects
Qualifications
- College/University degree in Accounting or Finance, with a Chartered Professional Accountant (CPA) designation preferred
- 2-3 years of progressively responsible experience, with experience in a saleable goods business an asset
- Advanced proficiency in Microsoft Excel
- Microsoft Dynamics Business Central experience an asset
- Driven attitude to achieve results by taking initiative, acting, achieving quality and focusing on the future
- Very high attention to detail and validation of analysis prior to presentation to Management is required
- Strong strategic, planning, analytical and critical thinking skills
- Ability to multi-task and work on various items at any given time
- Proven written and communication skills, including written reports, and simplifying complex topics
- The ability to work well and build co-operative relationships with people at all levels and within a team environment
- Demonstrates integrity and ethics; sets a personal example
