Finance Manager

Personnel Empower • Montreal, Quebec, Canada • 5h ago

Our client located in Ville Saint Laurent is presently looking to hire a Finance Manager-Inventory control.

Position Overview:

The Finance Manager -- Inventory Control has a leadership role within the company, managing, controlling, and overseeing all aspects of the guardianship, inter-company transfers, valuation, costing and accounting for all Inventory. The Finance Manager plays a crucial role in supporting Senior Management in making key business decisions, ensuring compliance and accuracy in all aspects of Inventory Control and collaborates with key stakeholders to drive insights and efficiencies for the business.

Key Responsibilities:

· Financial Accounting:Overseeing all Inventory accounting operations, managing the general ledger and

accounting rules in compliance with GAAP/ASPE. Thorough understanding of FIFO and Standard Cost accounting. Oversight and review of monthly inventory account reconciliations for 3PL as well as plant managed Inventory.

· Financial Reporting:Analyze monthly Inventory-related financial data, preparing monthly, quarterly, and annual financial reports in a timely and accurate manner, and presenting reports to key stakeholders. Extensive analysis on PPV, MUV and inventory capitalization processes.

· Oversee Cost Accounting:Oversee actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs, overseeing cost accounting.

· Inventory Movement \& Transfer:Lead the team of Inventory Analysts responsible for processing all intercompany inventory movements (and invoicing) both between international legal entities and between 3PLs and the company's various manufacturing facilities, ensuring the timely and accurate processing internal POs/SOs and the weekly reconciliation thereof.

· Inventory Count Management:Establish consistent and comprehensive inventory count policies and procedures, ensuring they are properly communicated to and respected by Plant Financial Analysts, Inventory Control Analysts and all others involved with internal cycle counts and external inventory counts required by the company's external auditor and banks. Develop and execute on annual inventory count plan that covers all plant locations.

· Finance Transformation:Participate in driving change in ERP/ Finance IT systems to continually improve and enhance Inventory Control processes and provide value-added insights by establishing inventory management KPIs, setting-up dashboards with real-time data and leveraging the use of in-house artificial intelligence tools to proactively manage inventory levels.

· Process Optimization:Ensure accounting processes and procedures are operating as designed, making

improvements as necessary. Participate in projects related to harmonizing the manner in which the company

tracks, reports and accounts for inventory across legal entities.

· Team Leadership:Providing guidance and supervision to Inventory Control team, including setting objectives,

conducting performance reviews, and fostering professional development.

· Stakeholder Engagement: Interacting with internal and external stakeholders such as executives, auditors, and

suppliers to address financial concerns and provide financial insights.

· Partnership \& Collaboration:Engaging with internal teams for holistic decision-making, financial planning, and

operational excellence.

Qualifications:

Education:

· BSc/BA in Accounting or Finance is required