Controller

Who we are: Formations Inc. is a forward-thinking distribution company committed to provide quality product, knowledgeable staff and substantial financial commitment through inventory and investment in our customers to ensure the success of our customers, suppliers, and industry. Formations Inc. is a privately-owned wholesale distributor of non-structural wood products and accessories and Manufacturing of Cabinet Doors to the woodworking community in Western Canada.

At Formations we are driven by a shared purpose: Building a business that provides exceptional customer experience and inspires design.

What does Formations believe in?

1) Respect- Respect for all teammates, customers, vendors & all other stakeholders

2) Accountability- Accountable to the team and holding others accountable

3) Team- Unified team working together to achieve the goals of the Company

4) Communication- Open, unbiased and honest communication

5) Innovation- Continuous improvement on all aspects of our business

Products and services Formations offers:

  • High Pressure Laminate
  • Solid Surfacing
  • Decorative Panels
  • Laminate
  • Edge Treatments
  • Veneer
  • Hardwood Plywood
  • Hardwood Lumber
  • Wood & specialty coatings
  • Adhesives and Abrasives
  • Hardware

PRIMARY PURPOSE: The Controller is accountable for all day-to-day financial reporting processes and procedures to ensure the timeliness and accuracy of weekly bank reporting, monthly financial and management reporting. In addition, the Controller is accountable for ensuring appropriate financial and business processes and procedures to ensure compliance with accounting standards, sales tax requirements and corporate tax requirements.

ESSENTIAL FUNCTIONS (Fundamental job duties):

  • Lead all financial reporting processes and procedures to ensure timely and accurate monthly reporting.
  • Provide mentorship and coaching to finance team members.
  • Ensure all financial reporting process and procedure documentation are reviewed regularly to ensure they are efficient and effective.
  • Perform variance analysis on monthly financial statements to budget and investigate variances to proactively address any business and financial reporting process issues.
  • Support regional and functional managers during annual budget and forecasting processes to ensure timely and accurate information for decision-making.
  • Monitor and implement internal controls, processes and procedures to ensure internal policy, regulatory, and tax compliance.
  • Manage external financial and non-financial audits.
  • Liase with regional and functional managers to determine business financial and non-financial reporting needs as well as identified operation efficiencies.
  • Utilize financial reporting and business process knowledge to collaborate with regional and functional managers to add value to operational processes and procedures.

The above statements are intended to describe the general nature and level of work performed by people assigned to this job classification. They are not intended to be an exhaustive list of all responsibilities and duties required of people assigned to this job classification.

JOB REQUIREMENTS (In order of importance)

  • Chartered Professional Accountant (CPA) designation required.
  • Completion of a bachelor’s degree is required. Business administration or commerce degree is preferred.
  • Must be a tech savvy individual and have a desire to lean new programs and systems.
  • Self-motivated and driven to continuously improve and add value to the organization.
  • Strong analytical and problem-solving skills are required.
  • Excellent communication and interpersonal skills.
  • Ability to prioritize workloads and the flexibility to manage multiple tasks and deadlines.

Benefits:

  • Casual dress
  • Dental care
  • Disability insurance
  • Employee assistance program
  • Extended health care
  • Life insurance
  • On-site parking
  • Paid time off
  • Vision care
  • Wellness program

Education:

  • Bachelor’s Degree (required)

Experience:

  • Accounting: 3 years (required)

License/Certification:

  • Chartered Professional Accountant (required)