Operational Controller - 19211

Lead financial operations, optimize processes, and make a meaningful impact in this high-profile Operational Controller role. Our client is seeking an experienced and detail-oriented Operational Controller to lead and optimize financial operations across Canadian and U.S. locations. This in-office, high-impact role offers the opportunity to work closely with senior leadership, oversee cross-border financial processes, and play a pivotal role in strategic decision-making. If you excel in fast-paced environments and enjoy managing complex financial structures, this position is an ideal fit.

Operational Controller Key Responsibilities:

Financial Reporting & Compliance:

• Manage financial reporting, budgeting, and forecasting for cross-border operations, ensuring consistency and accuracy in financial statements.
• Ensure adherence to Canadian and U.S. financial regulations, including IFRS, ASPE, GAAP, CRA, and IRS tax laws.
• Ensure compliance with Canadian and U.S. tax regulations, including sales taxes and cross-border payroll requirements.
• Prepare and manage compliance requirements for CBSA and CARMs legal bodies.
• Coordinate and prepare year-end documentation, including T4s and T5s, in collaboration with external accountants.

Accounts Payable & Receivable:

• Deposit cheques into Canadian and U.S. bank accounts and notify the AR department for posting.
• Perform weekly bank reconciliations for both Canadian and U.S. accounts.
• Enter AP invoices from vendors and cross-check goods receipt POs with corresponding invoices.
• Process landed costs for duty and freight, amortizing them across inventory.
• Review and process AP payments weekly, including EFT arrangements.
• Liaise with the purchasing department regarding POs and invoice discrepancies.

Cross-Border Operations & Risk Management:

• Oversee foreign currency transactions, hedging strategies, intercompany accounting, and ensure compliance with Canada-U.S. tax treaties.
• Manage customs duties, tariffs, and trade regulations affecting cross-border operations.
• Liaise with U.S. counterparts for all cross-border accounting matters.

Month-End & Financial Analysis:

• Close monthly financial information and prepare management accounts, including balance sheets, P&L statements, cash flow statements, and normalized P&L.
• Create monthly Fathom management reports.
• Conduct balance sheet reconciliations and review management financials for discrepancies.
• Prepare documents for shareholders’ meetings and manage dividend calculations and payments.

Payroll & Third-Party Coordination:

• Liaise monthly with third-party payroll providers for employee pay runs.
• Coordinate with accountants for depreciation schedules and year-end documentation.

ERP Systems & Continuous Improvement:

• Utilize SAP Business One ERP system to enhance reporting accuracy and operational efficiency.
• Leverage ERP capabilities for financial analysis, process improvement, and data-driven decision-making.

The Successful Candidate Has:

• 7+ years of experience in financial management, accounting, or controlling, ideally within a multinational Canada-U.S. environment.
• CPA, CMA, CFA, or equivalent designation preferred.
• Strong knowledge of Canadian and U.S. tax laws, transfer pricing, and financial reporting standards.
• Experience with CRA and IRS audits.
• Proficiency in SAP Business One ERP and financial reporting tools.
• Excellent analytical, leadership, and communication skills.
• Ability to thrive in a fast-paced environment and manage multiple priorities.

Compensation & Benefits:

• Salary range: $90,000 - $120,000, depending on experience.
• Candidates with additional experience and higher compensation expectations will be considered.
• Comprehensive benefits package.

Only candidates eligible to work in Canada will be reviewed. Only qualified candidates will be contacted.