Controller

Job title: Controller
Division/Department: Accounting
Reports to: CEO/GM
Purpose: To perform accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.
Essential Duties and Responsibilities:
Principal Accountabilities:
Management
· Maintain a documented system of accounting policies and procedures
· Manage outsourced functions
· Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
· Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures.
· Lead the development of all the processes and capabilities to provide the required Management Discussion & Analysis documents, Financial Reports and accompanying notes and disclosures
· Create strong corporate finance capabilities leveraging KEDC’s existing capabilities to implement new and more rigorous processes as required to enable consolidation, controls, reporting and disclosure processes Establish and maintain company policies and procedures surrounding finance and accounting matters
· Prepare materials and reports for Board and Executive Management
· Developing strong relationships with bankers, vendors, and external customers to manage projects, ensuring smooth operations of the company
· Work with senior management on due diligence in connection with potential corporate acquisitions
· Provide relevant reporting and analysis of existing business and new opportunities including analysis of current returns on capital, risk levels, setting target returns, strategic analysis etc
· Work with the CEO/GM to establish and execute a finance plan for growth
Transactions
· Payroll:
1. Ensure statutory holidays are being calculated correctly
2. Ensure all overtime is being calculated correctly
3. Ensure all entries balance to time sheets
4. Ensure FMEP and Rent deductions are in system
5. Prepare EFT transfers
6. Close off pay periods on Xyntax System
7. Prepare all ROE’s as required
· Accounts Payable:
1. Ensure all AP invoices are entered into Xyntax System and up to date
2. Ensure all Credit Card transactions are entered into Xyntax System and reconciled
3. Process all FMEP, Rent and Pension remittances and payments
4. Ensure Benefit entries are correct
5. Pay all AP (cheque and/or EFT)
· Accounts Receivable:
1. Ensure all AR invoices are prepared in a timely fashion
2. Ensure statements are issued to customers by end of first week of each month
3. Ensure auto deposits are entered promptly
· Ensure that payroll is processed in a timely manner
· Ensure that periodic bank reconciliations are completed
· Ensure that required debt payments are made on a timely basis
· Maintain the chart of accounts
· Maintain an orderly accounting filing system
· Maintain a system of controls over accounting transactions
· Review and prepare general journal entries related to inventory, unearned revenue and bank reconciliations
Reporting
· Issue timely and complete financial statements
· Coordinate the preparation of the corporate annual report
· Recommend benchmarks against which to measure the performance of company operations
· Calculate and issue financial and operating metrics
· Manage the production of the annual budget and forecasts
· Calculate variances from the budget and report significant issues to management
· Provide for a system of management cost reports
· Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations
· Issue timely and complete financial statements. Calculate variances from the budget, and provide report for all expenses to be provided to CEO/GM prior to statement review
Compliance
· Coordinate the provision of information to external auditors for the annual audit
· Monitor debt levels and compliance with debt covenants
· Comply with local, state, and federal government reporting requirements and tax filings
· Job duties are not limited to the above
Working Conditions: Primarily in an office environment. Will be expected to travel as needed to company subsidiaries, as well as to potential acquires to conduct due diligence. Periodic weekend or evening work is expected.

Supervising:
All accounting Staff