Financial Controller

Financial Controller

Ayurcann Inc. provides post-harvest outsourcing solutions to licensed cannabis producers. The company is growing rapidly and is looking for an experienced accountant to develop accounting processes and manage the day-to-day operations and internal and external reporting.

Overall Job Purpose:

Reporting to the President, the Financial Controller is responsible for managing Ayurcann’s day-to-day accounting and finance function encompassing controls, reporting, cash management and systems, ensuring that financial information provided is timely, accurate, complete and compliant. As the company is in its start-up stage and is growing rapidly, the role requires a hands-on technically sound designated accountant with experience with IFRS, financial statements preparation, general accounting, budgeting/forecasting, management reporting & analysis, banking/cash flow management, and when required Enterprise Resource Planning (ERP) software integration.

Planned reports – Manager Accounting, Financial Analyst, General Accountant

Key Responsibilities;

Financial Reporting & Analysis

· Provide monthly financial results variance analysis including pricing, cost of sales gross margin, selling, general & administrative expenses.

· Complete month-end close procedures and reconciliations.

· Review to ensure all monthly balance sheet accounts are accurate and appropriately reconciled to subledgers.

· Prepare inventory and cost of goods sold detailed reports and analysis.

· Provide reports for monthly, quarterly, and year end internal reporting.

· Prepare quarterly and annual financial statements in accordance with IFRS.

· Ensure reporting responses to ad hoc requests for financial related information are appropriately delivered.

Financial Planning & Analysis

· Ensure bank reconciliations are completed on a timely basis.

· Track & manage weekly cash flows and needs to ensure adequate cash availability to service the business needs – provide forward-looking cashflow forecast.

· Preparation of annual operating plan with full supporting analysis and detail.

· Preparation of monthly actual to budget variance report.

Governance and Control

· Ensure the safeguarding of company assets through enforcement of appropriate controls and implementation of new processes & controls as needed.

· Ensure the accuracy and completeness of financial data in accounting systems.

· Identify enterprise risks and work with management to ensure appropriate mitigation in place

· Ensure compliance with tax regulations and filing & payment obligations.

· Drive continuous improvements and efficiencies to all processes within the organization.

Candidate Profile

This is a hardworking, hands-on, roll-up-your-sleeves environment emphasizing a team-oriented and collaborative management style. The candidate must not be afraid to get his or her hands dirty and do “real work”; particularly in the context of a company undergoing rapid growth and operation/functional integration

· Bachelor’s degree in accounting or finance. MBA would be an asset.

· Professional accounting designation, CPA-CA preferred, understanding of IFRS

· 5+ years experience in finance/accounting ideally in a CPG/manufacturing environment

· Strong knowledge of corporate finance, accounting, budgeting, and cost control at both an operating and governance level

· Hands-on in the analysis of financial data and preparation of financial statements

· Excellent working knowledge of operational accounting, accounting systems, budgeting, internal controls, cash management, treasury, and risk/asset management.

· Significant experience working with external auditors, internal controls, and compliance related issues.

· Hands-on ERP systems experience, fully Microsoft Office conversant

· Effective attention to detail and a high degree of accuracy;

· Unquestioned level of integrity, confidentially, and accountability

· Strong work ethic and a positive team attitude;

· Sound analytical thinking, planning, prioritization, and execution skills;

· Ability to respond appropriately in high pressure situations with a calm and steady demeanor

Job Types: Full-time, Permanent

Salary: $80,000.00-$85,000.00 per year

Job Types: Full-time, Permanent

Salary: $80,000.00-$85,000.00 per year

Benefits:

• Extended health care

Schedule:

• 8 hour shift

Education:

• Master’s Degree (preferred)

Experience:

• Accounting: 5 years (preferred)
• Cannabis: 1 year (preferred)
• IFRS: 5 years (preferred)
• CSE/TSX/TSXV: 1 year (preferred)