Job Description
About StackTeck Systems LimitedStackTeck, with over five decades of mold building innovation, is a leading source of high productivity tooling solutions for the injection molding industry. StackTeck supplies a wide range of injection molds and IML automation used to produce plastic parts in applications such as caps, closures, medical, PET preforms, and thinwall packaging; as well as complete system integrations including IML.SUMMARY: StackTeck, a manufacturer of precision high-speed plastic injection molds and automation, and a leader in integrated plastic tooling solutions is seeking a Financial Analyst – Reporting & Compliance. Reporting to the Controller, this position at the company’s Brampton head office is responsible for weekly business & KPI reporting, compliance support, and other related projects as assigned. The successful candidate will support the configuration and implementation of Microsoft D365 including workflows, training, and quality control/testing.This position will have the opportunity to work from home 1 day per week and 4 days in-office after the training period.MAJOR RESPONSIBILITIES:Monthly group reporting to ownership, including financial statements and various lead sheets such as Accounts receivable, Other receivables, Accounts payable, Other payablesAnalyze and report on cash collections and payments for the purpose of cash forecasting, and gathering data to report on weekly cashflow activities to ownershipGather data and prepare weekly status reporting on orders, shipments, backlog, collections, and invoicingPerform monthly bank reconciliations and cash control checks, analyzing one-off transactionsMonthly HST reporting and compliance, and submitting monthly HST claimsAccrue and allocate company credit card transactions to the correct expense or job (WIP) accountsProviding regular support (and full backup) to the Accounts receivable functionGather order and shipping data to prepare quarterly commission calculationsSupporting the Controller and Assistant Controller in ERP configuration, test, and migration efforts, alongside outside consultantsWork with members within and outside of the finance department to provide audit documentation to the external auditors as requested, and work with the Controller/finance department to respond to audit queriesThe Financial Analyst – Reporting & Compliance will also support the Controller and finance department with continuous improvement (CI) efforts that will enhance the accuracy, timeliness, consistency, and relevance of both external and internal financial reporting, with an emphasis on financial accounting (experience in IFRS), and cost accounting in a manufacturing environment. This is in preparation for our migration to Microsoft D365 in 2024.In the near term, CI efforts will include the following:Testing various AR/reporting requirements in the Microsoft D365 F&O test environment, including testing IFRS requirements with the support of the ControllerMigrating and scrubbing customer data, customer balances by invoice, billing and payment terms, addressesBuild on/Document standard operating procedures for order entry, billing, collections, other AR and cash processesUtilize functions within D365 F&O to forecast cash collections, prepare various forecast vs. actual variance analyses, including cashflow collections and expense activityOther CI opportunities as assigned by the ControllerOther duties:Support functions in Finance as required (journal entry posting and creation, occasional accounts payable invoice entry)Liaise with bank and customer to manage letter of credit as required (part of being a backup for AR)Other projects as requiredThis role is ideal for a professional looking for a well-rounded experience and with interest in implementing an ERP (Microsoft Dynamics 365, Finance & Operations (F&O)).MINIMUM QUALIFICATIONS TECHNICAL KNOWLEDGE/EXPERIENCEPost-Secondary education in an Accounting, Business or Finance related discipline.Preference given to those holding a CPA designation or a student actively pursuing the CPA designation.Minimum 3 years of experience in a similar roleExcellent oral and written English required Strong Excel skills and a working knowledge of the Microsoft Office suite of productsMicrosoft D365 experience is an assetAbility to speak Spanish is an assetBEHAVIOURAL Decision Making: Utilizing effective process to make decisions.Teamwork: Working effectively with others.Analytical Skills: Strong analytical and problem-solving aptitude. Attention to detail.Interpersonal Skills: Effectively communicating, building rapport, and relating well to peopleIn accordance with the Accessibility for Ontarians with Disabilities Act, (AODA), StackTeck will provide accommodation, accessible formats, and communication supports for the recruitment process upon request.