Position Title:  Financial Reporting & Accounting Manager

Financial Reporting & Accounting Manager

Location: Toronto

• Relocation support is not available for this position

Be a part of a revolutionary change

At Rothmans, Benson & Hedges Inc. (“RBH”), Philip Morris International’s subsidiary in Canada, we’ve chosen to do something incredible. We’re totally transforming our business and building our future on smoke-free products.

With huge change, comes huge opportunity. So, wherever you join us, you’ll enjoy the freedom to dream up and deliver better, brighter solutions and the space to advance your career in endlessly different directions.

Your day to day:

Responsible for the Company’s legal entity accounting and local reporting, and the preparation of balance sheet and cashflow forecast, with a strong focus on leading and supporting finance activities and analysis in relation to Canada Creditors Arrangement Act (CCAA) plan.

Duties & Responsibilities

• Provide analytical support on the financial analysis and reporting post-CCAA protection, as defined in the CCAA plan, including cash flow forecasts, 5-year financial forecasts, legal entity financial statements reporting, and variances against forecasts.
• In depth knowledge of Income Statement, Balance Sheet and Cash Flow, and prepare full financial statements forecast modelling in excel
• Good understanding of business dynamics and explain how they impact the financial statements and modelling
• Support settlement accounting post-CCAA (RBH share of the global settlement of over C$30 bio) by ensuring the calculations align with the CCAA plan, and instruct shared service centers to prepare all accounting entries accurately and promptly
• Coordinate with external auditor to ensure financial audits meet PMI and local requirements, including those specified in the CCAA plan
• Oversee the preparation of working capital and balance sheet forecasts, analyze variances, and ensure timely submissions to PMI
• Liaise with various functions across the organization to challenge business assumptions and explanations on variances
• Analyze and interpret business performance through the lens of working capital and cash flow, identifying material issues that may not be detected in other monitoring processes
• Advise on accounting related topics for new business initiatives
• Oversee and prepare local regulatory reporting, ensuring timely submission

Education

• University degree in Finance, Accounting or relating discipline
• Accounting designation

Work Experience

• 7+years of relevant experience in similar positions
• 2+years of people management experience

Other skills/function-specific:

• Strong financial literacy and analytical
• Good excel financial modeling skill, SAP and global financial & reporting systems knowledge an asset
• Sound knowledge of accounting principles and concepts
• Excellent people management and communication skills, with the ability to collaborate effectively across all levels of the organization and external stakeholders
• Resourceful workstyle, keen to identify root causes and solutions
• Flexible and composed under pressure, quickly adapting to changing business environment

Embracing Diversity, Equity And Inclusion

We believe that diversity, equity and inclusion are essential drivers of innovation and success. Our commitment is to create a workplace where everyone feels valued, respected, and empowered to share their unique perspectives.

We celebrate the innovation that diversity fosters and recognize that each employee's capabilities, experiences, and perspectives contribute to our teams and our work.

Equal Employment Opportunity

We are committed to providing equal employment opportunity regardless of race, ancestry, colour, religion, marital/family status (including pregnancy), national origin, sex, sexual orientation, gender identity/expression, immigrant and newcomer status, age, citizenship, or disability.

We strive to recognize and value diversity and equity, and to ensure the inclusion of equity-deserving groups and the four designated groups under the Employment Equity Act: women, Indigenous peoples, persons with disabilities and members of visible minorities. We value, respect, and equally support applicants from these groups.

What we offer

We offer the opportunity to join an organization where you can grow in a wide range of business functions. You will have the chance to build your professional expertise, business understanding, and leadership capabilities in a collaborative, challenging environment where we will empower you to take risks, experiment and explore. Our company fosters excellence in execution and is comprised of dedicated people all working together to continue to grow our status as industry leaders. We offer our employees a competitive salary, an attractive compensation package, including flexible work schedules (where applicable), health and wellness programs, and attractive benefits options.

For this position the annual salary is at $ 141,300

Who we are

Our parent company PMI is one of the world’s leading international tobacco companies. In addition to the manufacture and sale of cigarettes, PMI is engaged in the development and commercialization of smoke-free products.

RBH is thrilled to announce that we have been officially certified as a Great Place to Work, a testament to our commitment to fostering a positive and inclusive workplace culture. Click on the following link to learn more about what RBH believes: https://www.rbhinc.ca/home/what-we-believe

We welcome and encourage applicants to reach their full potential with us. We use artificial intelligence in the form of an algorithmic software in the application process to create efficiencies when sorting applicants and facilitate an effective screening process. Notwithstanding, the artificial intelligence software does not engage in autonomous candidate rejection and requires human intervention in screening relevant applications. If you are unable to apply for a position online, or require any further accommodation during our recruitment process, please contact: AODA.RBH@rbhinc.ca.

Follow us on social media:

RBH LinkedIn: https://www.linkedin.com/company/rothmans-benson-hedges-inc/

Facebook: https://www.facebook.com/RothmansBensonHedges/

X : https://twitter.com/RBHinc

RBH website: https://www.rbhinc.ca/

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