Finance Director

Port Coquitlam, BC, Canada

Kongsberg Discovery Canada Ltd., a subsidiary of KONGSBERG, is a global technologycompany, providing innovative and reliable technology solutions for all marine industrysectors including merchant, offshore, subsea, and naval. Headquartered in Horten, Norway,the company has manufacturing, sales, and service facilities internationally. KongsbergDiscovery is a market leader in systems for positioning, surveying, and navigation. We aredetermined to provide our customers with innovative and reliable marine electronics thatensure optimal operation both on and under the sea.There has never been a more exciting time to work for Kongsberg Discovery Canada Ltd.than right now. With us, you will be in the forefront of enabling the business to achieve theirobjectives through the role as Finance Director.ROLE AND RESPONSIBILITIES:1.Strategy• As a true business partner to the President and Corporate Management Team,assess organizational performance against both the annual budget and company’slong-term strategy.• Develop tools and systems to provide critical financial and operational information tothe President and make actionable recommendations on both strategy andoperations.• Assist in establishing yearly objectives and meeting agendas, and selecting andengaging outside consultants (auditors, investment advisors).• Oversee long-term budgetary planning and costs management in alignment withcompany’s strategic plans.2. Executive Management• Serve as a member of executive leadership team and on the Board of Directors.• Participate in key decisions pertaining to strategic initiatives, operating model andoperational execution.• Participate in corporate policy development.• Represent the company to financial partners, including financial institutions,investors, corporate executives, auditors, public officials, etc.3. Financial Planning and Analysis• Prepare and maintain regular financial planning reports; Monthly profit and lossforecast by division (vs. budget); cash flow forecast.• Complete analysis of financial results; Develop recommendations (strategic andtactical).• Develop and execute analysis of various business initiatives (e.g., opening newoperations, asset acquisition, new service launches).• Develop and maintain capital budget.• Assist in development of financial planning and analysis exercises/reports.• Manage Bank relationships.4. Accounting and Administration• Oversee the accounting department to ensure proper maintenance of all accountingsystems and function; supervise company’s finance staff.• Ensure maintenance of appropriate internal controls and financial procedures.• Ensure timeliness, accuracy, and usefulness of financial and management reportingfor federal govt., provincial govt. and board of directors; oversee the preparation andcommunication of monthly and annual financial statements.• Coordinate audits and proper filing of tax returns.• Ensure legal and regulatory compliance regarding all financial functions.• Coordinate the development and monitoring of budgets.• Oversee preparation of month-end, quarter-end and year-end financial statements• Review all month-end closing activities including general ledger maintenance,balance sheet reconciliations and corporate/overhead cost allocation.• Enhance and implement financial and accounting systems, processes, tools andcontrol systems.• Serve as final point of escalation for Accounts Receivable/Accounts Payable issues.• Develop and manage accounting staff.• Serve as a key point of contact for external auditors; Manage preparation andsupport of all external audits.5. Cash Management• Oversee weekly cash management; Approve weekly payables; Execute chequesigning.• Oversee AR management and provide support to collections activities.6. Insurance/Legal Affairs• Manage the company’s insurance program.• Manage the company’s legal affairs.7. Other Tasks & Responsibilities include:• Payroll management• WCB remittances• Bank reconciliations• Labour accruals• Various monthly reports• Board of Directors assigned Secretary• Benefit plan supervision• Pension CommitteeQUALIFICATIONS AND EDUCATION REQUIREMENTS:• An accredited accounting designation, CPA• At least ten years’ experience as Controller or equivalent with an organization with abudget of at least $10 million.• Experience working in a manufacturing work environment or equivalent is a must.• Excellent written and oral communication skills.• Demonstrated leadership ability, team management, and interpersonal skills;experience with reporting and/or KPI analysis is required.• Excellent analytical and abstract reasoning skills, plus excellent organization skills.• Experience in a senior financial-management role, partnering with executive staff,resulting in the development and implementation of creative financial managementstrategies.PREFERRED SKILLS:• Experience in a multi-national organization is beneficial.• Microsoft Dynamics and Infor Visual experience is beneficial.Work Location (hybrid): Port Coquitlam, BC CanadaAt KONGSBERG, we believe in tackling challenging problems and delivering extremeperformance for extreme conditions. We do that through excellent products and servicesdeveloped for delivering the greatest benefits to our customers.WORLD CLASS – through people, technology, and dedicationWhat we can offer you:• Competitive compensation packages• Fully extended health, dental, vision & welfare benefits• Up to 7% employer match program with RRSP• Flexibility with Paid Time Off• Career growth opportunities• Safe and collaborative culture