Controller Job in Port Coquitlam, British Columbia Canada

Description: JYSK Canada has carried on the tradition of their retail partners in Denmark by building the business based on a wide range of great offers brought to the market thanks to clever purchasing. JYSK travels the world to bring our customers the best deals and our reputation continues to grow as we pass on the savings to our customers. JYSK is committed to bringing Quality-for-Less to millions of customers every day.JYSK is one of the leading and fastest-growing retailers in the world. First-established in 1979 in Denmark, the company is now present in 33 countries with almost 1,750 stores; bringing Quality-for-Less to millions of customers every day. With a passion for Scandinavian design, our products range from furniture to accessories, including mattresses, bedding, and outdoor products that will enhance any living spaces with a sense of sophistication at affordable prices.

The first JYSK store was opened in 1996 by Jakup Jacobsen in Coquitlam, BC. Today there are 49 JYSK stores in Canada, including locations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Qubec, and Nova Scotia. JYSK has opened 8 stores in the last 12 months and plans to continue expanding across Canada over the next several years. We are seeking an individual with an accounting designation to join our team in the role of Financial Controller at our Canadian headquarters in Port Coquitlam. The ideal candidate is highly motivated and enjoys working in a fast paced environment to meet deadlines and manage multiple priorities.

Responsibilities:Key Responsibilities & Accountabilities

Financial Reporting

Ensure that all External Financial Reporting is completed accurately and on time.

Oversight of preparation of External Financial Statements

Management and administration of external audits, review and analyze results and recommend for approval of Audited Financial statements

Oversight of external financial reporting (e.g. Bank Compliance)

Ongoing analysis of Accounting Policies ensuring GAAP compliance of all external reporting

Management Reporting

Ensure that all Management Reporting is completed accurately and on time.

Analyze financial reporting to pinpoint potential business risks and opportunities and report findings regularly to Bridge team

Analyze departmental results and consult with Managers on potential business risks and opportunities

Oversight of preparation of Monthly Financial Packages and associated analysis

Oversight and analysis of Daily Sales Reporting

Oversight and analysis of Weekly Cash Flow Reporting

Preparation and/or oversight over ad hoc analysis and reporting as required

Preparation of weekly, monthly and annual financial results to management team coupled with the associated variance analysis and performance commentary

On going analysis of reporting requirements of all users

Tax

Ensure that an effective tax strategy is in place and manage, administer and execute that strategy

Oversight over all compliance for sales tax including oversight of completion and filing of all sale tax returns and submission of remittances

Oversight over all compliance for HST including oversight of completion and filing of all tax returns and submission of remittances

Oversight over all compliance for income taxes including oversight of completion and filing of all tax returns and submission of remittances

Corporate Governance

Maintenance of corporate structure requirements necessary for compliance with all legal requirements (Companies in good standing, business licenses in place etc.) including ensuring compliance with all statutory requirements

Risk Management

Ensure that an effective risk management strategy is in place and that policies and procedures are in place in accordance with that strategy

Maintenance and administration of all insurance policies (D&O, Property,)

Oversight over execution of internal control procedures and accounting policies

Oversight over the management of continuous improvements in efficiency and effectiveness of internal control procedures

Lead the development and implementation of new systems, policies and best practices across the organization

Treasury

Manage, mitigate and minimize all liquidity risk to the Company ensuring that there are cash resources available to meet all obligations as and when they come due.

Execution of compliance and administration related to all bank accounts and lines of credit

Execution of compliance and administration related to all merchant accounts including overseeing the management of charge backs

Administration and execution of Foreign Exchange Policy and management of foreign exchange risk

Oversight and preparation of cash flow, cash position and bank account balances

Budgeting and Forecasting:

Management, administration and communication of annual budget cycle

Ensure Budget compliance by all departments and for Company as a whole

Analyze budgets and reforecasts to pinpoint potential business risks and opportunities and report findings regularly to Bridge team

Oversight over the management and preparation of monthly EBITDA estimate

Oversight over the management and preparation of weekly cashflow forecast

Accounting Department Operations

Develop Finance and Accounting team goals that are aligned with company goals

Direct management as well as oversight over the management of the day to day accounting operations and internal control procedures including sales, payment cycle processing including approval and processing of purchase orders, purchase invoicing, receiving, cheque processing and vendor relationship management.

Oversight over the management of staffing level, job roles and responsibility, deliverables, work load and deadline management.

Providing coaching, guidance and support to finance team

Performance management and succession planning

Requirements: Supervisor/Manager with an accounting designation

Proven experience in leading a team of 5 or more Minimum of 5 years of experience in industry preferably in retail Experience in financial and management reporting Work well in a computer environment with strong MS Office skills particularly with Excel Excellent communication skills Self-motivated and self-directed with strong organizational skills Experience and ability to work both independently and in a team environment