Financial Analyst – Reporting & Compliance

at  StackTeck

About StackTeck Systems Limited
StackTeck, 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.

TECHNICAL KNOWLEDGE/EXPERIENCE

• Post-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 role
• Excellent oral and written English required
• Strong Excel skills and a working knowledge of the Microsoft Office suite of products
• Microsoft D365 experience is an asset
• Ability to speak Spanish is an asset

• Monthly group reporting to ownership, including financial statements and various lead sheets such as Accounts receivable, Other receivables, Accounts payable, Other payables
• Analyze and report on cash collections and payments for the purpose of cash forecasting, and gathering data to report on weekly cashflow activities to ownership
• Gather data and prepare weekly status reporting on orders, shipments, backlog, collections, and invoicing
• Perform monthly bank reconciliations and cash control checks, analyzing one-off transactions
• Monthly HST reporting and compliance, and submitting monthly HST claims
• Accrue and allocate company credit card transactions to the correct expense or job (WIP) accounts
• Providing regular support (and full backup) to the Accounts receivable function
• Gather order and shipping data to prepare quarterly commission calculations
• Supporting the Controller and Assistant Controller in ERP configuration, test, and migration efforts, alongside outside consultants
• Work 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 queries
  The 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 Controller
• Migrating and scrubbing customer data, customer balances by invoice, billing and payment terms, addresses
• Build on/Document standard operating procedures for order entry, billing, collections, other AR and cash processes
• Utilize functions within D365 F&O to forecast cash collections, prepare various forecast vs. actual variance analyses, including cashflow collections and expense activity
• Other CI opportunities as assigned by the Controller

Other 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 required
• This 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)).