Controller
- Full-time
Company Description
Drexel is a true Canadian success story, calling London, Ontario, Canada our home since 2011. We are a family-owned and operated Woman-Owned Business, and we are committed to Sustainability and meeting our own needs without compromising the ability of future generations to meet their own needs.
Drexel is a wholesale distribution and Third-Party Logistics (3PL) service provider specializing in retail, telecommunication, enterprise, government, and manufacturing customers. With a strong core of strategic partners, Drexel connects end users to a myriad of products and services throughout Canada.
Drexel runs on the Entrepreneurial Operating System (EOS). It is the way that our people think, work, support, and communicate as a collaborative team to work towards common goals and drive unified success, all by rowing in the same direction. And with a such strong foundation, the culture at Drexel is built on our shared core values—Innovation, Accountability, Partnerships, Trustworthy, and Excellence. We at Drexel are strongly determined to continuously evolve, exude pride and ownership in our roles, build strong relationships internally and externally, honour our commitments to help each other, and strive to put forth our best effort in all that we do.
If you share our core values and are interested in what Drexel has to offer, we want to connect with you! Let us know how you can be part of our team and our culture.
Additional information about Drexel can be found at Drexel.ca.
Job Description
Reporting directly to the CFO, the Controller is responsible for ensuring the efficient and effective compilation of financial statements and budgets for the organization. This role involves overseeing Inventory Control, Invoicing, Accounts Receivable, Credit Management, and Accounts Payable functions and deliverables. Working in close partnership with the CFO, CEO, Senior Director of Operations, VP of IT, and other senior management members, the Controller is challenged to provide value-added insights into operating results and identify improvement opportunities within the business. A good understanding of the operations and sales functions will be key as you grow with the business.
Responsibilities:
Corporate Accounting
- Provide leadership for all accounting operations, including Inventory control, Invoicing, Accounts Receivable, Credit Management, Accounts Payable, and Payroll.
- Ensure an efficient month-end close process, reconcile material accounts, monitor monthly bank compliance, and comply with applicable statutory regulations.
- Identify and evaluate the impact of new accounting pronouncements and issues, conducting research and analysis, and liaising with external auditors and management.
- Calculate commissions and review payroll outputs for accuracy.
Financial Reporting
- Oversee the timely preparation and review of monthly financial statements, including balance sheets, income statements, and cash flow statements.
- Prepare monthly, quarterly, and year-end financial statements for internal and external stakeholders. Interpret and communicate operational results to all management levels.
- Prepare monthly debt covenant packages for the bank.
- Drive various financial and operational analyses, investigating variances and providing actionable insights for the business.
- Lead the analysis of financial results, working with others to set expectations, understand drivers, analyze results, and explain exceptions.
- Continually evaluate and enhance financial reports and operating metrics to support decision-making.
- Automate tasks to create efficiencies and process improvements.
Financial Business Process Ownership
- Draft and implement financial policies and processes, ensuring robust internal controls are in place to safeguard company assets and adhere to policies.
- Partner with the CFO in preparing, assessing, and endorsing annual budgets and business plans.
- Lead the Planning and Forecasting process, ensuring the needs of all users are met.
- Work with the Leadership Team to assess the reasonability of the Plan, make adjustments as needed, and track and report on performance against the Plan.
- Proactively identify and address business risks, establishing tracking and reporting structures.
- Foster a continuous improvement mindset, assessing and implementing improvements to financial tools and business processes.
- Guide financial decisions, ensuring a strong control environment through the development and implementation of accounting and controls policies and procedures.
People Management
- Direct the activities of staff, ensuring ongoing work quality, monitoring workloads, and managing activities during staff vacation/sick leaves.
- Coach, develop, and provide performance management to a team of direct reports, identifying opportunities for development and training.
Relationship Management
- Develop and maintain effective and collaborative working relationships with staff and leaders across the organization.
- Work closely with the Senior Vice President of Business Development to track commissioned sales employees' progress towards budget within NAV.
- Engage in daily interactions with Finance Department colleagues to share information, collaborate, manage activities, and provide advice and recommendations to resolve issues.
- Interact with the Leadership Team for regular communication of key financial information, trends, and analysis, acting as a trusted business advisor to other areas of the business.
- Act as the main liaison with external auditors to ensure efficient information gathering and understanding for financial statement and CRA payroll audits.
Strategy/Growth
- Contribute in Leadership Group meetings, providing financial information and contributing in other areas as appropriate.
- Support company growth by evaluating potential opportunities with the use of financial models, assisting with IRRs for expansions and capital projects, and designing and executing new market due diligence.
Tax
- Help coordinate tax matters, including sales tax, accounting, compliance, planning, and oversight of tax audits.
- Look for opportunities for Duty Drawback and coordinate those filings.
Qualifications
Are you a seasoned financial professional ready to take on a pivotal role in a dynamic and rapidly growing organization? We are seeking a results-driven individual to join our team and lead our finance and accounting operations.
If you are a strategic thinker, possess strong technical skills, and thrive in a challenging and fast-paced environment, we invite you to apply for this exciting opportunity as our Controller. Join us and be part of a dynamic team driving innovation and success.
What we are looking for:
- University Degree in Business, Accounting, or equivalent field.
- CPA or equivalent professional designation.
- Minimum of 7 years' experience in accounting, including progressive managerial roles. Preferably experienced in a fast-paced, growth-oriented environment.
- Senior-level operational and communicative proficiency with a hands-on approach.
- Exceptional analytical and critical thinking skills, coupled with a keen attention to detail.
- Strategic business perspective with the ability to drive detailed and operational-level activities.
- Experience with Microsoft Dynamics Navision (NAV) 2016 is an asset.
- Power-user of Microsoft Excel; proficiency in Microsoft SQL for Ad Hoc reporting and jet reports.
- Excellent verbal and written communication and facilitation skills at all organizational levels, including senior management.
- Team player with a positive personality, fostering effective collaboration with others.
- Demonstrated leadership, resilience, and a high level of emotional intelligence.
- Excellent judgment, with the ability to see the "big picture" and apply common sense.
- Hands-on mentality, willing to dive into details and challenge the status quo.
- Superior time management, prioritizing multiple tasks concurrently.
- Action-oriented, proactive, and innovative approach.
- Flexible thinking and actions to adapt to evolving business needs.
Additional Information
What Drexel offers you as a team member:
Drexel offers a competitive package based on your skills and experience. Some of available benefits and perks for this role include:
- Discretionary bonus
- Employee discounts
- Group benefits program including Life Insurance, Accidental Death & Dismemberment, Long Term Disability (LTD), Extended Health (e.g., prescription drugs and paramedical services like massage therapy and chiropractors), Dental, Vision Care, and Employee Assistance Program
- Paid time-off
- Good Life Fitness Corporate membership discount
- Social activities and events
How to Apply
Please send in your resume in Word or PDF format. Only candidates selected for interviews will be contacted.
Accommodations are available on request for candidates taking part in all aspects of the recruitment process. You can request reasonable accommodations at any time during the recruitment process.