Organization : Valbruna ASW Inc.
Position Title : Accounting Manager
Reports to : Financial Controller
Location : Welland, ON
THE ORGANIZATION
Our client is a premier specialty steelmaker offering a unique combination of carbon, stainless, and other specialty steel capabilities. The Welland facility can produce approximately 150,000 tons of carbon, alloy and stainless steel annually with an Electric Arc Furnace with a capacity of 75 tons per batch supported by an extensive array of refining options. ASW currently produces cast billets and ingots in a variety of sizes and lengths and is the only producer of stainless steel in Canada. In this capacity they supply many dependent industries including nuclear and aerospace in North America.
THE OPPORTUNITY
The purpose of this role is to conduct the financial planning, analysis and reporting functions within the company. To lead and motivate the accounting staff that perform the accounting functions. To comply with corporate policies on internal controls, production reporting, capital evaluation and spending. To participate in the budgeting process and to collaborate with plant operations on continuous improvement activities to reduce the total cost of operations. We are looking for the following proven characteristics in the successful candidate :
- Business Acumen
- Decision Quality
- Priority Setting
- Interpersonal Savvy
KEY DELIVERABLES
Develops and maintains timely and accurate financial statements and reports that are in accordance with generally accepted accounting principles (GAAP).Manages critical aspects of the accounting functions within the company, including Payroll, General Ledger and Fixed Assets.Manages and reviews the establishment of standard product costs.Analyzes capital budgeting requests.Analyzes and records manufacturing variances in the ledger and provides estimates for new product costs.Oversees accounting systems to ensure production information and key performance Indicators (KPIs) are accurate.Participates in the annual budgeting process and performance reporting activities.Collects and applies overhead costs as required by Generally Accepted Accounting Principles (GAAP).Leads monthly close processes including account reconciliations and investigating variance to plan and prior periods. Ensures all reporting requirements are met in a timely, accurate and efficient manner.Conducts cost-benefit analyses and determines payback periods, net present values (NPV) and internal rates of return (IRR) for major projects and capital purchases over time.Evaluates financial returns of Capital Projects, both pre and post implementation.Partners with management to track and improve the total cost of plant operations which includes initiatives such as continuous improvement, waste elimination and productivity.Supervises, leads and develops the accounting department in a manner that will develop skills for proper succession planning.Participates in systems integration and implementation.Ensures compliance with all legislated and company safety policies and practices.Completes all other duties as assigned.REQUIRED EXPERIENCE AND CAPABILITIES
Bachelor’s degree in accounting, Business Management / Administration, or related field.Chartered Professional Accountant (CPA) DesignationMinimum five years of post-designation experience, preferably in a heavy manufacturing environmentStrong understanding of GAAP and financial ratiosProficient user of finance software (Oracle, SAP)Superior analytical, organizational and problem-solving skills and the proven ability to develop and implement plans, procedures and processesAbility to manage, guide, and lead employees to ensure appropriate accounting processes are being usedDemonstrates the ability to understand financial trends both within the company and general market.ABOUT LHH KNIGHTSBRIDGE – www.lhhknightsbridge.com
