Direct Reports: 1.5 (Admin Assistant (AP/AR) and Human Resources Generalist (Payroll & Benefits only)) Are you looking for a challenging and rewarding role with a company dedicated to advancing both people and technology? Adventec is a vertically integrated Tier II supplier serving established and emerging industries, including automotive, EV battery, and alternative energy sectors. We provide advanced, value-added support to our customers through product design, process development, tooling, and high-volume production. Founded in 2000, Adventec continues to pioneer new processes and technologies. As our Controller, youll work closely with the President and senior leadership team, playing a key role in driving efficiency, innovation, and cultural engagement across the organization. At Adventec, were building a better worldstarting with an inclusive, diverse, and sustainable workplace. We celebrate different perspectives and experiences, ensuring our team reflects the communities we serve. This is an exciting time to be part of our industry. Join us and help shape a future where everyone thrives. Key Responsibilities Enabling Objectives Master accounting modules (GL/AR/AP) of IQMS and develop working knowledge of other modules (PO/Manufacturing/System Setup, etc.), Set up finance and accounting modules where required (financial statements, KPIs, YE Budget, etc.) to optimize speed, accuracy and efficiency of report generation and data availability as a key tool in support business optimization Timely fiscal month-end reporting (Financials statements, account reconciliations, KPIs, Headcount, etc.) Maintain financial records of two low volume holding companies in QuickBooks Online Develop working knowledge of our business, customers and technologies. Primary contact for all insurance and banking relationships. Coordinate with external IT contractors to maintain IT system functionalities where required. On-going Business Oversee AP, AR, bi-weekly Payroll approval, Govt remittances including payroll withholding taxes, EHT, WSIB, HST and RITC and corporate tax. Track / report monthly sales Set-up and maintain Fixed Asset ledger, track additions/disposals, with monthly Depreciation expense, maintain Capital Asset Req. forms. Set-up and maintain Std Cost Database Annual Cost roll after physical inventory, and adhoc for new items created. Bank reconciliation weekly updated, and month-end closed off Set-up and maintain physical inventory for production materials Cash flow forecast, Treasury functions, & FX Hedging where required Work with engineering + operations to establish project budgets, set-up and maintain actual tooling and project ledger (Automation/Tooling, etc.). Monthly Reporting Preparation of monthly Financial statements Variance reporting: identification, prioritization and resolution of problem areas Develop and maintain a system for reporting of KPIs (key operating indices) relating to finance and operations for communication to all levels in the organization. Review and provide input on all contracts and long-term agreements. Ensure compliance throughout the organization to our financial standards Sales Rolling forecast (where required) & review bi-weekly sales forecast changes w/ Ops team Assist where appropriate as a key member of the management team in the identification, prioritization and management of continuous improvement activities in support of improved business performance Periodic Fiscal Yearend Financial Review & Taxes (SR&ED, Bonus accrual, Dividends) Annual Budget creation w/ Operations / Engineering & review w/ President Annual Physical inventory count.Assist with Materials team to identify key variances (QTY & $ value) Shareholder Account / Dividend approval & processing Annual SR&ED Tracking and coordination of claim with outside consulting resource and submission Update and maintain financial projections as required to reflect new business and market conditions. Quarterly dividend payments and HST remittances (Monthly for Adventec) and Quarterly for holding company Review Routings, Bill of Materials and item master setup for all products for annual Budget Review existing contracts and go to market where appropriate (Scrap, Business Insurance, Banking, Group Benefits, Facility Maintenance, etc.) Keep apprised of Government Grants that may be available (FEDEV, O-AMP, Workshare, etc.).Investigate if applicable to Adventec. Other Manage & motivate Admin Assistant & HR Coordinator.Daily check-ins, goal setting / performance appraisals as required. Working collaboratively with our operations and engineering team, provide a positive shop floor presence to assist in the training and development of our teams understanding and awareness of the financial impacts of activities. Assist in compiling / calculation of ROI and other information-enabling solid, data driven decisions on investment opportunities and continuous improvement activity and priority (eg: Solar Panel project). Assist w/ a more robust DLTA (production efficiency) data collection system & work with Operations team to establish existing (or non-existing) report requirements within IQMS. Set-up and maintain tooling sub-ledgers (Automation & Deferred Revenue reconciliation).All closed projects recorded at year-end. Establish formal procedure for reconciliation of budget to actual on all customer funded tooling projects with Director of Engineering, and establish timelines once project begins and ends (eg SOP) with appropriate parties. Development of standard machine and departmental overheads Cash flow projections where required based upon Budget/Forecasted results & need. Working with engineering, establish and maintain central sales forecast and commercial data at time of business award and provide review periodically to the President. Work with engineering & materials teams to develop and recommend to the President strategies to mitigate currency exchange and / or commodity price fluctuations (USD, Copper, Gold, etc.) Adhoc as requested by President / Management team Prerequisites Bachelors degree in Accounting, Finance, or Business Administration (Masters preferred). CPA designation strongly preferred; CMA or CIA are valuable assets. 510 years of progressive accounting or finance experience, including leadership roles. Proficient with ERP/accounting software (e.g., SAP, Oracle, QuickBooks) and advanced Excel. Excellent financial analysis, problem-solving, and attention to detail. Proven ability to manage teams, delegate tasks, and maintain compliance. Strong verbal and written skills for presenting financial insights and reports. Adventec is committed to employment equality. We provide equal opportunity to all qualified applicants without regard to class, race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, marital status, disability, or any other classification protected by law. We strongly believe that fostering the inclusion and representation of equity-seeking individuals will strengthen the Adventec team and enable us to better meet the needs of our diverse communities. Adventec is committed to creating an inclusive and accessible workplace for all individuals. If you require accommodation during the recruitment or interview process, please email #J-18808-Ljbffr
Job Title
Controller