Financial Controller

Founded in 1910, KONE is a global leader that provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization that add value to buildings throughout their life cycle. Our mission is to improve the flow of urban life and make our world’s cities better places to live by providing innovative solutions that help make people’s journeys safe, convenient and reliable. Our operations in over 60 countries around the world has helped us achieve our position as an innovation and sustainability leader with repeated recognitions by Forbes, Corporate Knights for clean capitalism and others.  

Are you ready to make your next career move to join our team as our Financial Controller for KONE Canada?

• Do you see yourself at the forefront of timely financial reporting in accordance with both KONE Accounting Standards and statutory requirements?

• What if you could be the catalyst for transforming financial processes, driving simplification, harmonization, and automation? Is this the impact you seek?

• Consider the opportunity to provide pivotal analysis to the Area Financial Controller, influencing the financial trajectory of the organization. Are you ready for this challenge?

• Envision yourself as the go-to expert for finance partners and auditors, offering specialized support and guidance. Do you have the expertise?

Essential Functions include:

• Lead and Manage the Corporate Accounting Team, fostering a culture for growth and excellence.

• Lead and manage month-end and year-end period closing and ensure that all reporting is completed on time.

• Manage and Analyse the Balance sheet and General Ledger accounts. Conduct balance sheet reconciliations and organize routine balance sheet reviews with business partners to understand variances.  Ensure accuracy of financial data and oversee use of accounting practices to align with IFRS and KONE Accounting Standards (KAS).

• Manage the accounting of payroll transactions (Salaries, deductions, and benefits) for unionized and non-unionized employees.

• Coordinate timely completion of tax filings and government reports (i.e. HST, PST, Income Tax) and support payroll in ensuring timely filings of EHT, WSIB, and other payroll remittances such as union dues.

• Manage any sales tax, income tax or corporate audits and provide effective resolution to disputes.

• Oversee External and Intercompany Accounts Payable processes to ensure accuracy and timeliness of vendor payments and support offshore teams in managing AP Aging to keep AP cycles smooth.

• Be a Finance Business Partner with stakeholders across the company (Frontline Units, Global Record to Report, Treasury, Area Leaders, etc).

Additional Responsibilities:

• Prepare/approve relevant journal entries. Ensure that supporting documentation is provided in accordance with KONE Guidelines.

• Assess accounting operations continuously, propose improvements, and implement processes to enhance efficiency and accuracy.

• Responsible for Treasury functions such as Cash flow forecast, bank reconciliations, bank relationships and management of bank accounts.

• Support AR Team in Cash applications and other bank-related matters. Design and maintain accounting and internal control systems and procedures.

• Participate in Budget and Forecasting sessions and report variances on key accounts.

Experience:

• Minimum 5-7 years of progressive accounting experience; latest position being mid-level management.

• Experience leading, coaching and developing a team of growing accounting professionals.

• Experience in cross-functional business partnering.

Education:

Successful completion of a 4-year bachelor’s degree with a focus in Accounting, Finance; preference will be given to individuals with a CPA designation.

Skills, Knowledge and Specific Behaviors:

• Experience with SAP/S4 HANA and Business Planning and Consolidation is considered as an asset.

• Thorough knowledge of accounting principles and procedures. Strong knowledge of Hedge Accounting, Deferred Taxes and Sales and Use Taxes.

• Strong understanding of manufacturing and job costing is considered an asset.

• Strong ability to analyze large data sets effectively and synthesize meaningful insights and actions.

• Ability to effectively prioritize to meet demanding deadlines (month-end closing, budgeting season, forecasting, etc).

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At KONE, we are focused on creating an innovative and collaborative working culture where we value the contribution of each individual. Employee engagement is a key focus area for us and we encourage participation and the sharing of information and ideas. Sustainability is an integral part of our culture and the daily practice. We follow ethical business practices and we seek to develop a culture of working together where co-workers trust and respect each other and good performance is recognized. In being a great place to work, we are proud to offer a range of experiences and opportunities that will help you to achieve your career and personal goals and enable you to live a healthy and balanced life.

Read more on www.kone.com/careers