Description:
The mission of the Finance Manager of FP&A is to coordinate and oversee all daily accounting processes for Modern Niagara Toronto to ensure they are carried out efficiently, effectively, and within established timelines. The position is also responsible for the monthly financial reporting of MNT’s Major Projects, Special Projects and Building Services divisions. The Manager of FP&A must work with both their Finance teammates, as well as with Operations staff, to ensure that the highest level of service is provided to projects, external clients and vendors.
The Manager of FP&A must also live and promote Modern Niagara’s Core Values in all their actions and support the efforts of the entire Modern Niagara team towards achievement of established financial and business Key Performance Indicators (‘KPIs’). The incumbent will have the opportunity to develop professionally and advance his/her Finance career upward within Modern Niagara through a combination of both education and a breadth of professional experience.
Overview Of Responsibilities
- Manage the financial planning and analysis process and provide leadership to a team of five staff, promoting adherence to Modern Niagara’s core values
- Prepare monthly financial reporting package for Modern Niagara Torontos Construction & Service divisions. Identify and implement opportunities to streamline the financial reporting package or add reports that will help the Executive Team achieve the Company’s financial goals more effectively
- Monitor Work-in-Process ("WIP") reports and work with the Senior Director of Finance and Operations Managers to ensure billing targets are met or exceeded.
- Promote and support communication between General Accountants and Project Managers to ensure contract and invoicing issues are identified and resolved in a timely manner.
- Work with Project Managers and Project Coordinators to ensure billing breakdowns are established for each contract in a manner to provide maximum financing advantage
- Promote and support communication between Finance and Project Managers to ensure financial performance on projects.
- Monitor Accounts Receivable aging reports on a regular basis and coordinate collection efforts with both Collections and Project Management personnel to ensure cash collection KPIs are met
- Maintain and monitor Company’s cash forecasts, ensuring cash resources are optimized
- Control and maintain/update the Company's cash forecasts, ensuring cash resources are optimized and Company liquidity is maintained at all times
- Provide guidance to finance team\operations regarding the appropriate accounting treatment for certain transactions
- Maintain relationship with regional business leads and become a business partner in managing both project and business performance.
- Evaluate internal controls and identify areas for improvement
- Seek efficiencies in financial transaction processing and reporting
- Coordinate responses to external auditor inquiries
- Complete special projects & analysis on an ad-hoc basis, as assigned
Qualifications
- Professional accounting designation required (CPA). An alternative combination of education and experience may be considered for the right candidate
- Minimum of 5 years of financial management or controllership experience
- Experience in the construction industry a definite asset
- Ability and willingness to lead people - People leadership and management experience will be a definite asset
- Team player with strong communication skills
- Integrity
- Resourceful, energetic and strong work ethic
- Ability to meet deadlines with a high level of accuracy
- Strategic thinking and problem-solving skills
- Ability and willingness to learn and develop professionally and personally
- Desire to continuously improve systems and processes with an open mind towards change
- Experience with an ERP implementation a definite asset