Director of Finance/Controller

  • Motif Labs
  • London, ON, Canada
  • May 19, 2021
Accounting/Finance

Job Description

Introduction

Reporting to the CEO, the Director of Finance/Controller will have the opportunity to be part of a fast growing and dynamic team. This individual must be comfortable filling multiple roles, both administrative and strategic, and handling competing priorities. A consummate professional, this individual is comfortable in a manufacturing environment and working with various stakeholders (staff, managers, executive team, customers, government regulators, investors, etc). Demonstrated leadership, teamwork, integrity and skill-based competency will be evaluated during the interview process (if selected). This role will have the opportunity to grow a team under them and become an efficient department within Motif. 

Company

Motif Labs is a licensed cannabis extraction facility located in SW Ontario. Motif operates as a business-to-business enterprise, offering toll processing and contract manufacturing services to Licensed Producers (LP's) and 3rd Party Brands. Motif is experiencing significant growth and we are seeking dynamic and professional individuals to join our team. Motif prides itself on Integrity, Collaboration and Quality, and these core values are at the center of everything we do.  

Position Overview
  • Develop financial models, cost projections, and analysis. Present models to the leadership team to help guide decision making
  • Maintain accounting and accrual schedules
  • Lead the annual budget process. Compare budget and actual results. Analyze and provide insight into areas for improvement
  • Work with operations team to generate production forecasting and scheduling
  • Liaise with the auditors for the quarterly/annual reviews and audits. Maintain strong relationships with them to ensure compliance
  • Coordination of all departments in adopting best practice internal controls including customer service, finance, production and administration
  • Prepare supporting documentation required by other team members (R&D, grants, applications, etc
  • Review and coordinate Accounts Payable (review/analyze vendor invoices, purchase orders, credit card transactions, expense claims)
  • Review and coordinate Accounts Receivable (review customer contracts, prepare invoices, assist with collections)
  • Prepare and analyze monthly financial reports and KPIs for different business lines along with variance analysis
  • Assist with margin analysis, identify trends, provide insights and partner with the leadership team to support tactical and strategic business decisions
  • Design and implement new financial processes and policies; recommend improvements to existing processes and policies.
  • Support the leadership team in preparing for board meetings and actioning follow-up
  • Keep up to date on income tax, excise tax and cannabis legislation
  • Manage monthly reporting to Health Canada and CRA
  • Other related duties as assigned by the CEO

Skill Requirements
  • 5 years Management accounting experience (CPA, CMA)
  • 5 years in a manufacturing environment or high tech, fast paced industry
  • Experience working with an ERP platform (SAP, Oracle, NetSuite, etc)
  • Comfortable working in MS Excel and advanced functionality (VBA)
  • Ability to handle competing priorities
  • Proven time management skills
  • Experience with financial modelling, forecasting, and sensitivity analysis
Preferred Skills
  • CFA or CA designation
  • Experience building out and implementing an ERP platform
  • Experience working in, or with, the cannabis industry (or another highly regulated environment)
  • Experience working in a high growth B2B Startup
  • Base level understanding of Science / Engineering an asset
  • Experience building out complex models involving multiple variables

This position requires a valid Driver’s License, a criminal background check. This role is currently remote but periodic travel by vehicle to Aylmer, Ontario when required is expected once lockdown lifts. 

HOW TO APPLY: 

Please submit your resume and cover letter to Motif Labs careers page at: www.motiflabs.ca   

Please note you must be 19 years of age to both enter our website and also to work for our company.  We thank all interested applicants but only those who have been selected for interview will be contacted.