GET TO KNOW US:

At Buddha Brands, we exist to redefine what it means to live well. Plant powered nutrition that is good for our bodies, our taste buds, and our planet. Our portfolio consists of Thirsty Buddha beverages and Hungry Buddha snacks. We believe that by helping our world be healthier, it can be more sustainable too. Our company culture is guided by a vibe we call, THE BUDDHA WAY, which is all about being curious, self aware and humble. We seek team members with a growth and “I can do anything” mindset, that are passionate about treating people and our planet as a number one priority, while building and growing memorable experiences and relationships along the journey. We are Powered by Plants and Fuelled by Purpose – come join us!

WHAT WILL YOU DO?

Reporting to the CFO, the Financial Controller will play a vital role in the overall success of the company. As the Financial Controller, you will play a pivotal role in overseeing our financial operations and ensuring the accuracy and integrity of our financial data. Your expertise will be essential in guiding strategic decision-making and maintaining regulatory compliance.

As the Financial Controller your primary responsibilities include:

Financial Reporting and Analysis:

-Prepare and present accurate and timely financial reports, including income statements, balance sheets, and cash flow statements for parent and subsidiary

-Conduct thorough financial analysis to provide valuable insights into the company's financial performance and identify areas for improvement.

-Collaborate with department heads to review budgets and ensure alignment with financial goals.

Budgeting and Forecasting:

-Lead the annual budgeting process, working closely with department leaders to establish realistic financial targets and monitor adherence throughout the year.

-Develop accurate financial forecasts based on market trends, historical data, and business objectives to aid in strategic planning.

Financial Compliance and Internal Controls:

-Establish and maintain robust internal controls to safeguard company assets and ensure compliance with relevant accounting standards and regulations.

-Coordinate with external auditors during annual audits to facilitate a smooth and efficient audit process.

-Stay updated on changes in financial regulations and implement necessary adjustments to ensure compliance.

Payroll and Employee Group Insurance Management:

-Oversee and manage payroll processes, ensuring accurate and timely payment to employees in compliance with applicable labor laws and company policies.

-Administer employee group insurance plans, working with HR to ensure proper enrollment, coverage, and timely premium payments.

Corporate Insurance and Risk Management:

-Review and manage corporate insurance policies to protect the company from potential risks and liabilities.

-Collaborate with insurance providers and brokers to optimize coverage and negotiate competitive premiums.

Tax Compliance:

-Ensure the company's tax compliance by staying up-to-date with tax laws and regulations.

-Oversee the preparation and filing of tax returns, including income tax, sales tax, and any other applicable taxes. (GST, PST, CNESST, WSIB, etc)

Month-End Closing:

-Lead and coordinate the month-end closing process, ensuring the timely and accurate recording of financial transactions.

-Review and reconcile general ledger accounts to maintain accuracy and resolve any discrepancies.

Cash Management:

-Manage cash flow to optimize liquidity while minimizing unnecessary costs and risks.

-Monitor banking activities, initiate fund transfers, and maintain relationships with financial institutions.

Team Leadership and Development:

-Oversee and mentor a team of 2 finance professionals, fostering a collaborative and high-performing work environment.

-Develops and implements policies and procedures to enhance cash management practices, including credit and collections policies, payment terms negotiation strategies, and cash flow optimization initiatives.

-Oversees the timely collection of accounts receivable to maintain healthy cash inflows, ensuring adherence to credit policies and minimizing outstanding balances.

-Oversees accounts payable processes, including vendor payments and negotiations, to optimize cash outflows and maintain strong supplier relationships.

-Identify training needs and provide opportunities for skill development to enhance the team's capabilities.

Financial Strategy and Decision Support:

-Collaborate with the CFO and executive team to develop long-term financial strategies that align with the company's objectives.

-Provide financial insights and recommendations to support decision-making on potential investments, acquisitions, and other business opportunities.

ERP System Management:

-Oversee the maintenance and optimization of the company's ERP system, ensuring data accuracy and system integrity.

WE WANT YOU IF YOU HAVE…

Bachelor's degree in Accounting, Finance, or a related field. CPA or CMA certification is preferred.
3+ years of proven experience in a Financial Controller, finance manager, or similar role.
Solid knowledge of financial accounting principles, regulations, and reporting standards (e.g., GAAP).
Experience in budgeting, forecasting, and financial analysis.
Proficiency in ERP systems and financial software, knowledge of Netsuite preferable.
Exhibits strong leadership, negotiation, presentation, analytical, project management, and time management skills, demonstrating exceptional attention to detail.
Strong problem-solving skills and excellent oral and written communication, inspiring innovative approaches to business challenges, with a systematic, fact-based decision-making approach and a strong drive to succeed.
A self-starter with the ability to prioritize and manage multiple initiatives.
A passion and interest in helping people live better lives.
Committed to continuous personal and professional development.

VALUES CHECK – ARE WE ALIGNED? THE 3 PILLARS OF THE BUDDHA WAY

ENLIGHTENMENT: STAY CURIOUS

Be curious and embrace a learning mindset. We strive to always be better at being better, because our best can always improve.

EMPATHY: BE A HUMAN BEING

You’re not a function. You’re not a number. You’re you – a human being, working with human beings for the benefit of other human beings.

ENGAGE: GET IN THE GAME

We play to win. Our passion, accountability, and drive deliver progress. We keep it simple, stay decisive and focus on process for exceptional execution

Buddha Brands™

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Financial Controller