About StackTeck Systems Limited

StackTeck, with over five decades of mold building innovation, is a leading source of high productivity tooling solutions for the injection molding industry. StackTeck supplies a wide range of injection molds and IML automation used to produce plastic parts in applications such as caps, closures, medical, PET preforms, and thinwall packaging; as well as complete system integrations including IML. StackTeck has dedicated R&D, testing and part sampling facilities, in addition to plastic part design, prototyping, engineering, and manufacturing capabilities. StackTeck Systems Ltd. is located 8 km north of Toronto’s Pearson International Airport.

StackTeck offers a wide range of possibilities for professional development as leader in the injection mold making industry. We offer an entrepreneurial, fast paced environment with the opportunity for professional growth via training and development, internal promotions and the opportunity to work with advanced technology.

This position will have the ability to work remotely 1 day per week, after training.

SUMMARY: The Assistant Controller (8-Month Contract) will work closely with StackTeck’s Controller to support the daily transactional operations, tweak workflows to support stability in an accounting department post-ERP implementation, and work with others to create ad-hoc report requests as more information is available to us in our ERP D365 F&O. A successful candidate would be excited about the idea of supporting an accounting department that has just adopted a sophisticated ERP. This candidate should have high standards for quality of their work, and committed to sticking to and improving processes.

MAJOR RESPONSIBILITIES:

Daily operations:

The Assistant Controller will work with the accounting department to support all daily and month-end operations. The accounting department consists of two AP accountants, AR/Treasury analyst, a Cost Accountant, a Financial Analyst, and a Payroll/benefits specialist.

The Assistant Controller is also responsible for the following transactional and reporting-related duties:

• Support AP and AR related processes including but not limited to the following:
  • Commit to and enforce AP task schedules, while recommending and implementing improvements to our new processes such as supplier reconciliation, payment processes, managing packing slips that AP receives, matching PO receipts and packing slips to invoice entries, monitoring goods received but not invoiced (o/s receipts)
  • Monthly overhead and administration cost variance analysis
  • Upload of EFT files and set up of other wires and online bill payments in online banking, troubleshooting payment issues
  • Managing the bi-monthly reconciliation of supplier statements, and settling of transactions within the ERP
• Gather data to prepare monthly financial reports for a manufacturing environment to be reviewed by the Controller and submitted to our parent company; review weekly financial reporting prepared by the accounting department
• Manage the recurring month-end entries and other month-end and quarter-end related tasks including monthly reconciliations in prepaid expenses, supplier deposits, intangible assets. Support may be required in Fixed asset and Inventory reconciliations.
• Review a subset of monthly/weekly reconciliations prepared by members of the accounting department, and complete the major monthly reconciliations for review by the Controller.
• Oversee AP account coding, especially with respect to freight charges, and accurate posting to specific business units and financial dimensions (Molds VS Automation VS Restoration, Dept/Cost centre coding)
• Annual audit & tax support including PBC items to be assigned by the Controller, and work with the Controller/accounting department to respond to audit queries that result. Maintaining audit-quality documentation for months prior to the audit, allowing recs to be reperform-able and clear.

Supervisory functions:

• Key things to monitor will be: supplier statement reconciliation, resolving invoices for goods/services received (o/s receipts) but not yet billed, monitoring payments made in accordance with what is due, AP filing, monitoring of the team’s adherence to daily and monthly tasks, and reviewing AP, supplier deposit, and O/S receipt reconciliations prepared by the team.
• Continue to identify process improvements, develop and help document streamlined processes under D365 F&O

Continuous improvement:

• Oversee cost accounting improvements with respect to labour/OH absorption and recognition of costs
• Documentation of the flow of all transactional accounting processes (especially AP) as they are refined
• Consolidated financial model updates as required

MINIMUM QUALIFICATIONS:

TECHNICAL KNOWLEDGE, EDUCATION & EXPERIENCE

• Post-Secondary education in an Accounting, Business or Finance related discipline

• Designated CPA or CPA student in good standing

• Accounting experience in a manufacturing environment is an asset

• Experience in Microsoft D365 F&O or Business Central preferred

• • Experience in ERP implementation is a large asset

• Certifications in and/or a strong working knowledge of:

  • Microsoft Excel and/or PowerBI and manipulating large amounts of data for reporting purposes

• Minimum 4 years of accounting related experience (preferably with a manufacturing company) including working knowledge of the following:

• • Full AR and AP cycles and best practices
  • Account reconciliations including bank, outstanding receipts/receipts in transit, company credit cards
  • IFRS accounting standards

BEHAVIOURAL:

Initiative & Drive

• Brings a can-do attitude and enthusiasm for supporting a team using a new ERP system
• Holds high standards for quality and continuous process improvement
• Acts as a departmental “super user” alongside the Controller

Influencing & Leading

• Leads initiatives assigned by the Controller
• Collaborates closely with transactional staff despite no direct reports
• Develops understanding of transactional accounting roles

Communication & Interpersonal Skills

• Builds strong relationships with employees, management, and external auditors
• Communicates clearly and professionally
• Delivers excellent internal/external customer service

Teamwork & Accountability

• Works effectively with the Controller and wider team
• Provides backup support for the Controller when needed

In accordance with the Accessibility for Ontarians with Disabilities Act, (AODA), StackTeck will provide accommodation, accessible formats, and communication supports for the recruitment process upon request.