We are hiring a dynamic and experienced Assistant Financial Controller at ValPay to join our growing team in Saint-Laurent, Montreal!
The Assistant Financial Controller will work closely with and report to the Head of Finance, supporting day-to-day financial operations across a group of acquired companies. This role will focus on coordinating and executing core accounting tasks, including period-end close processes, budgeting, forecasting, and financial reporting. The Assistant Financial Controller will ensure accuracy and compliance in financial records; help maintain internal controls and assist in preparing analysis for decision-making. In addition, this individual will support the Head of Finance on various finance initiatives and collaborate with accounting teams and subsidiary company leaders to ensure smooth financial operations across the portfolio.
Here is a little window into our company: ValPay, the payment processing arm of Valsoft, operates and manages Valsoft’s global portfolio of wholly owned software companies, providing mission-critical integrated payment processing solutions across multiple verticals. By implementing industry best practices, ValPay delivers a time-sensitive integration process, and the operation of a decentralized model has allowed it to become a hub for creating rapid growth by reinvesting in its portfolio. ValPay is part of Valsoft, which was founded in 2015 in Montreal, Canada. Our focus is to acquire and grow vertical market software businesses that provide mission-critical solutions in their respective niche markets. So far, we have acquired over 120+ businesses across 25+ industries and have 3000+ employees across 14+ countries. In 2023, Great Place to Work® named Valsoft one of the best workplaces in the financial services industry.
Our motto is “Be Humble, Stay Hungry!”
The successful candidate will be based anywhere within a commutable distance of our office in Saint-Laurent, Montreal, working in an on-site work model!
What your day will look like:
Track and monitor budgets across multiple portfolio companies, ensuring accurate reporting and adherence to financial plans
Process and oversee accounts payable and receivable activities, ensuring timely payments and proper record-keeping
Support monthly, quarterly, and annual financial reporting by preparing journal entries, reconciling accounts, and assisting with variance analysis
Prepare and submit billing and invoicing documentation and respond to any vendor or client inquiries related to financial transactions
Assist in the preparation of internal reports for the Portfolio Head of Finance, including P&L summaries, cash flow statements, and ad-hoc analysis
Maintain general ledger integrity by ensuring all entries are accurate and comply with internal controls and accounting policies
Coordinate with external auditors and help compile documentation during financial reviews or audits
Support the implementation of best practices in finance operations across portfolio companies, including system improvements and process optimizations
Liaise with the corporate finance team and act as a key point of contact for day-to-day finance needs across the portfolio
Financial Reporting:
Lead and organize the annual statutory audits and ensure all filings are complete
Help organize and track progress for annual audit and statutory filing requirements, working closely with internal teams and external auditors
Coordinate and support the monthly financial close process for portfolio companies, including journal entries, reconciliations, and accruals
Prepare and compile timely and accurate financial reports on a monthly, quarterly, and annual basis in accordance with corporate standards
Assist in the review of accounting activities, including tax filings, statutory compliance, and adherence to local regulations
Ensure consistency with corporate accounting policies and help identify and document any differences with local statutory requirements
Support the maintenance of strong internal financial controls by following established procedures and flagging potential improvements
Contribute to streamlining internal reporting processes, identifying ways to enhance accuracy and efficiency
Prepare audit support documentation and assist in coordinating responses during corporate and statutory audits
Financial Systems:
Support the NetSuite rollout activities to Portfolio companies by ensuring data integrity
Conduct situational assessments, identify gaps and opportunities for automation, make recommendations, and direct the implementation of such changes as required to improve financial systems and related processes
Integration Support:
Integration activities include ERP system implementation, account mapping, rollout of ValPay reporting requirements and governance standards
Establish and monitor monthly reporting cadence
Review all deliverables for data integrity, quality, and accuracy
Identify discrepancies between acquired company accounting policies and Valsoft corporate policies
Remediate discrepancies by revaluing accounts, engineering and implementing go-forward reporting processes
Calculate and monitor deferred acquisition payment liabilities
Creation of a bottom-up forecast in partnership with the acquired business
Rollout and application of the Valsoft KPI management framework
About you:
A qualified financial accountant (ACCA) with at least a bachelor's degree or above in Accounting, Finance, Economics or similar is essential; CPA preferred
3+ years of experience in a similar role
Ability to manage risks by ensuring that effective and efficient internal controls are in place without compromising operational efficiency and flexibility
Strong understanding of financial processes, with the ability to navigate and resolve conflicting goals of diverse stakeholders
Extensive knowledge and skill in multiple disciplines to be able to support business integration activities effectively, and a capacity to understand and interpret conflicting goals and needs of diverse groups
Ability to manage risks by ensuring that effective and efficient internal controls are in place without compromising operational efficiency and flexibility
Fast learner and adaptable – time management skills and ability to meet deadlines
Working knowledge of Oracle NetSuite ERP (or similar) is considered an asset
Demonstrate a strong interest in (or working knowledge of) data tools such as Power Query, Power BI, Excel Power Pivot, or similar platforms to improve reporting automation and data analysis
Ability to visualize efficient processes and implement them
Excellent organizational skills and time management
Excellent verbal and written communication skills
Advanced knowledge of MS Excel
Expertise in streamlining and implementing efficient financial processes
Prior experience managing a finance team is advantageous
Fluent in the English language, both written and verbal, is essential
Legally authorized to work in Canada
For information about ValPay, please visit our website at www.valpay.com
We thank all applicants for their interest; however, only those candidates selected for an interview will be contacted.
