About Spinrite
Spinrite is an inspiration and education-driven crafts company in the North American market. Bernat, Red Heart, Caron, Coats & Clark and Yarnspirations are our key brands, supporting brick and mortar and e-commerce sales channels. Our products are available at leading retailers such as Walmart, Amazon, Jo-Ann Stores and Michaels. We take pride in what we do and are passionate about inspiring creativity for our consumers. Recently, we have grown significantly. In early 2019, we purchased Coats & Clark, which essentially doubled the size of our company. Moving to the future, our vision is to the world’s largest inspiration-driven company for makers all over the world.
About the Role
Reporting to the Director, Finance & Accounting this individual will be responsible for leading the financial reporting and consolidation efforts, with oversight of the company’s ERP and financial systems, direct process improvement initiatives, and ensuring deadlines are met on a weekly, monthly, and annual basis. This role will also support and assist the Executive and finance team in identifying areas for growth and improvement throughout the company.
Duties & Responsibilities
Responsible for full month end close process including the preparation of required journal entries, review and analysis of general ledger accounts and balance sheet reconciliations, review and analysis of budget deviations, preparation of consolidated financial statements and distribution of departmental month end reports.
Responsible for full month end close process including the preparation of required journal entries, review and analysis of general ledger accounts and balance sheet reconciliations, review and analysis of budget deviations, preparation of consolidated financial statements and distribution of departmental month end reports.
Prepare the monthly and quarterly Board reporting package with variance explanations and insights.
Responsible for managing the company’s standard cost system and perpetual inventory system (including physical inventory counts).
Assist with coordinating and leading the annual audit with external auditors and internal audit functions.
Lead the Financial Accounting team to standardize and implement accounting policies oversight and control.
Collaborate with the FP&A team with the preparation of the company’s annual budget and monthly forecast.
Develop, mentor, and lead a team of financial accountants, with an emphasis on quality of reporting and building a team culture.
Preparation of daily and weekly financial reports to support Operations and Business teams
Lead process improvement initiatives and implement best practices.
Other duties as assigned.
Qualifications
Excellent attention to detail and communication skills
Excellent communication skills
Keen focus on improvement and challenging the status quo.
High proficiency with Microsoft Office (Excel, Word, PowerPoint); familiarity with Microsoft Access would be preferred.
Experience leading a team of direct reports, with financial reporting responsibilities.
8+ years’ experience, with recent Financial Reporting experience (4+ years)
CPA designation (CA, CMA, CGA).
Spinrite is an equal opportunity employer. It is our policy to provide equal employment opportunities to all employees and all applicants for employment without regard to any status protected by the Ontario Human Rights Code, US Equal Employment Opportunity Commission, and applicable state law. If you need assistance or accommodations during any part of the application or interview process, please contact us at 519-291-3780 and ask to be directed to HR.