The Business Manager is responsible for the day-to-day business operations as they relate to financial reporting, preparation of fiscal and cash requirement forecasts, verification of MPCI's debt capacity and obligations, day-to-day management of MPCI's budgeting and variance analysis functions and the contracting of and procurement of all raw materials. Provides financial advice and expertise to assigned business areas including the Board of Directors and ensures all external financial reporting obligations to various Provincial/Federal partners are completed and submitted within expected deadlines. This position is back-up to the Office Administrator and General Manager as required.
Financial Accountability and Control
-Prepare draft annual budget and monthly financial reports for the Board of Directors.
-Operates within approved policies, programs and budgets of MPCI.
-Maintain financial control by performing regular variance analysis and year-end forecasting. Adjust spending as required throughout the year to maintain MPCI's position in relationship to the approved budget and/or any bank covenants or conditions that may be a requirement of operation. Report any deviations as per MPCI policy to the Board of Directors.
-Ensure all purchases and payments are conducted in accordance with MPCI's purchasing policy and procedures.
-Approve payment of all accounts involving MPCI.
-Negotiate renewals with outside vendors such as Insurance brokers, benefit policy providers, etc.
-Attends MPCI Board of Directors (Owners)meetings and is assigned to record and maintain the minutes of meeting.
-Develop and maintain contact with municipal and provincial and federal agencies in order to identify optimal non-tax revenue opportunities.
-Establish strategic partnerships and collaborations with community-based organizations and businesses.
-Research to recommend grants and/or subsidies.
Financial Analysis
-Provides coordination, direction and advice to the Board of Directors regarding completion and analysis of budgets, forecasts, variance reports, year-end closes, cost allocations and revenue recognition in adherence to MPCI's financial policies.
-Identify deficiencies, opportunities for enhancements and makes recommendations on accounting and financial policies, procedures and controls consistent with MPCI's
policies and relevant regulatory obligations.
-Reconcile monthly inventory count to general ledger.
-Conduct bank reconciliations.
-Prepares fiscal year-end information for auditors as required.
-Liaison with external auditors.
-Negotiate and/or re-negotiate financial terms with banks, suppliers, etc.
Audits
-Performs audits of accounting data as directed by the Board of Directors.
-When irregularities are found in accounting and administrative procedures, initiate corrective action and follow-up to confirm compliance.
Budgets
-Coordinate MPCI's annual budget cycle including budget preparation, variance analysis, fiscal forecasts and a five-year capital budget forecast.
-Track budget minutes at Board of Director meetings.
-Track all budget changes and their financial impacts.
-Coordinate the publication of all budget materials for distribution to the Board of Directors.Health & Safety
-Ensures that all employees, consultants, contractors retained under contracts and agreements are in compliance with the Occupational Health and Safety Act and its regulations.
-Keep current and up to-date with all requirements and provisions contained in MPCI's Health and Safety policies. Assist with and participates in employee health and safety training activities as required.
General
-Incumbent must keep upto-date on all relevant legislation, financial regulations, and MPCI's policies and procedures ensuring that these are implemented as prescribed.
-Incumbent must possess the physical ability to meet the duties and responsibilities of the job description.
-Incumbent must have knowledge of raw materials used in the production of mushroom compost, specifically straw, where it can be procured and how to negotiate for it and other related materials.These describe the general nature and level of work being performed by an incumbent in this position. They are not an exhaustive list of all job duties in this position. Other duties may be assigned.
Qualifications and Experience
-University degree from an accredited post-secondary institution in a relevant discipline or acceptable combination of education and experience necessary to fulfil the requirements
-Chartered Professional Accountant in good standing with the Ontario institute would be an asset.
-A minimum of 3-5 years’ experience in a financial environment, preferably in the Agricultural/Farming private sector.
Experience
-A minimum of 3-5 years of private sector experience relevant to the scope of service associated with the position.
-Previous experience working in the agricultural/farming sector would be considered an asset.
-A thorough understanding of all requirements working with a Board of Directors and private investors.
-Demonstrated oral, written, presentation and reporting communication skills and capabilities.
-Demonstrated tact and ability to conduct negotiations with individuals, private and public business contracts.
A valid Ontario driver's license and use of a vehicle. The successful incumbent would be required to obtain a Criminal Reference Verification Check.
Company address:
148 Middle Townline Road
Harley, Ontario
N0E 1E0
Benefits:
- Vacation & paid time off
- Work from home opportunities
- Dental care
- On-site parking
- Extended health care
Job Types: Permanent, Full-time
Salary: $60,000.00-$80,000.00 per year
Schedule:
- 8 hour shift
- Monday to Friday
Experience:
- Accounting: 3 years (required)
- Hr: 2 years (preferred)
Work Location: In person
