Assistant Controller - Franchise & Restaurant Operations

Position: Assistant Controller – Thornhill Medicals Position Summary The Assistant Controller is responsible for the day‑to‑day finance operations as well as overseeing and streamlining Thornhill Medicals financial reporting processes, budgeting, and payroll while developing a strong partnership with the business. Duties & Responsibilities Prepares accurate monthly financial statements and Board of Director financial deck on a timely basis. Updates the monthly forecast after completion of month‑end for the President/CEO and VP, Finance and creates variations as needed. Manages the monthly reporting process, comparing actual results to budgets/financial goals and the prior year, with detailed explanations for variances for the company overall, as well as by channel and department, and monitors corrective actions. Manages the year‑end financial audit, providing the external auditors with necessary documentation, explanations, and support. Liaises with external tax accountants for tax preparation for all legal entities; ensures provisional payments are submitted on time and works with internal/external resources for SRED claim calculation, documentation and submission. Reviews and approves payments and purchase orders. Owns sales reporting for the organization, ensuring all product, channel, and bonus‑related calculations and the underlying Sales Orders are correct to minimize reporting issues, including customer invoicing. Manages US payroll (delivery through third party) and Canadian payroll (done in house). Develops, implements, and maintains financial controls and guidelines. Ensures timely and accurate execution of all SOPs required by ISO13485 that pertain to the Finance Team and maintains mandatory approval levels for all expenses. Manages working capital (A/R, A/P), foreign exchange monitoring and hedging, and cash forecasting required to maximize interest earned on cash balances and GIC term deposits. Manages the accounting for inventory, including reviewing and approving standard costs and BOMs, ensuring COGS is accurately booked, reconciling perpetual inventory to the GL monthly, adjusting valuation differences, approving cycle count/write‑off adjustments, and interfacing with subcontractors. Drives annual budget preparation and 3‑5‑year planning with the VP, Finance. Maximizes departmental and operational efficiency through innovative process development. Assists with the implementation of the new ERP system and leverages the current ERP to provide timely, accurate and detailed reporting. Manages and develops 3 direct reports. Explores opportunities for continuous improvement with accounting systems, processes, and internal controls for both Finance and the organization (including potential uses of AI). Remains up‑to‑date on new accounting requirements. Considers quality in all aspects of the job and respects procedures and norms. Other duties as assigned. Education & Experience Bachelor’s degree in commerce, business or a related field. CPA is required. 8+ years of accounting or finance experience in a manufacturing or medical device environment. 3‑5 years of senior‑level accounting or finance management experience managing teams. Experience managing and overseeing payroll. Proven experience streamlining accounting processes. In‑depth experience with accounting and ERP software, including report definition/creation. Skills & Knowledge High financial acumen, interpreting and applying key financial indicators to make better business decisions. Strong knowledge of payroll and tax compliance regulations and reporting. Strong working knowledge of detailed financial data analysis and reporting. Excellent analytical skills and ability to interpret data and present to management. Strong organizational skills and attention to detail. Strong time‑management skills. Excellent interpersonal and communication skills (verbal and written). Ability to anticipate and balance the needs of multiple stakeholders. Drive to consistently achieve results, even under tough circumstances. Holds self and others accountable to meet commitments. Advanced hands‑on knowledge of and demonstrated experience with Microsoft Office suite, especially Excel. Advanced, hands‑on knowledge of, and demonstrated experience with accounting and time‑keeping software such as QuickBooks (QBO) and TSheets. Excellent knowledge of ERP systems that includes an MRP module. Other Requirements Primarily office‑related requirements with exposure to production work rooms when required. Light lifting and bending. Compensation The target salary range for this position is $110,000 to $130,000 per annum. The position is not eligible for bonus or benefits. EEO Statement Thornhill Medical welcomes and encourages applications from all qualified people, including those with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. Additional Information This job posting is to temporarily backfill an existing position during an ERP implementation. The recruitment process involves the use of artificial intelligence. Contact Thornhill Medical – Toronto, ON. Position type: Temporary Full‑Time (12‑month contract). #J-18808-Ljbffr Capriotti's Sandwich Shop