What are the responsibilities and job description for the Business Controller position at Foster McKay?
The Role
The Controller will oversee the financial health of our company while also managing daily business operations. This role is responsible for streamlining processes, managing resources, and ensuring the smooth execution of company initiatives. The ideal candidate is a hands-on leader who can balance strategy with execution in a fast-paced environment. This position will report directly to the Executive Vice President.
Primary Responsibilities
• Oversee all accounting functions, including accounts payable/receivable, payroll, and financial reporting.
• Prepare monthly, quarterly, and annual financial statements in compliance with GAAP/IFRS to be presented to the EVP and Board of Directors.
• Manage cash flow, budgeting, and forecasting to ensure financial stability.
• Implement and maintain internal controls to safeguard company assets and mitigate financial risk.
• Ensure company tax and regulations compliance.
• Identify opportunities for process improvements to streamline operations.
• Provide financial and operational insights to support strategic decision-making.
• Coordinate and perform the annual physical inventory and recurring cycle counts.
• Evaluate, review and test all trial databases and new IT infrastructure which will impact day to day operations.
• Review and evaluate pricing, monthly promotional campaigns for product and customer profitability.
• Support the executive team in driving business growth.
• Work closely with external auditors, tax advisors, and banking partners.
• Oversee vendor relationships, procurement, and contract negotiations.
• Collaborate with multiple department heads to optimize develop long-term operational strategies, while considering cost management.
• Liaison with the IT department to ensure smooth technical operations.
• Lead and mentor accounting and administrative staff.
• Manage the employee onboarding process.
• Perform ad hoc requests as directed by EVP.
Knowledge, Skills and Abilities
• Results oriented, flexible, resourceful, and self-motivated with the ability to manage multiple tasks and meet company deadlines.
• Must be able to foster a positive and efficient work environment.
• Ability to effectively lead and manage a team.
• Strong analytical, and problem-solving skills.
• Ability to work independently and take ownership of work completed.
• Proficiency in operational software, ERP systems, and data analysis tools.
• Experience with Microsoft Navision a plus.
Education and Experience
• 8 plus years of accounting experience.
• Accounting or Finance degree required.
• CPA preferred.
