Controller, music industry, hybrid work model

Toronto, Ontario, hybrid work model
Salary + comprehensive benefit plan, group retirement plan with employer matching, summer hours
June 26, 2024
July 26, 2024
Job Type
CPA status
CPA Member

Under the direct supervision of the Corporate Controller of our parent company, this position will manage the Senior Accountant and oversee the daily operations of the CMRRA finance department and Joint Ventures. This includes the production of the monthly close, periodic financial and compliance reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk. It also includes enhancing the accuracy of the company’s reported financial results and ensuring that reported results comply with Canadian accounting standards for private enterprises.

The Controller’s primary functions will include but are not limited to:

  • Manage the day-to-day activities of CMRRA’s Finance Department operations and CMRRA’s joint venture which includes initiating and recording all financial transactions (such as but not limited to accounts payable, employee expense reimbursements, salaries and benefits, royalty collections, royalty distributions, investments, prepaid expenses, fixed assets, capitalized software costs, leases and intercompany transactions for CMRRA and its joint venture).
  • Manage monthly, quarterly and annual close process and timelines, including preparing and reviewing reconciliations for accuracy and the preparation and review of various internal and external reports and the financial statements within required close timeline.
  • Assist with the creation and management of the Finance department budget.
  • Serve as a day-to-day contact for staff, management, and other departments related to the finance and accounting department functions.
  • Manage the distribution process as it relates to Finance functions.
  • Assist in the implementation of a new accounting/ERP as needed.
  • Manage bank accounts and relationship and ensure cash balances are sufficient to cover daily operational needs.
  • Manage the financial statement audits, expanded annual compliance reporting and any other ad hoc reporting necessary for CMRRA and its joint venture, including coordinating and managing audit timeline, preparing and reviewing audit workpapers and the audit report.
  • Manage the preparation and filing of the T2 Corporation Income Tax Return for CMRRA and its joint venture and all other compliance reporting such as HST/GST/QST and other tax related matters.
  • Ensure compliance with tax laws and regulations and Canadian generally accepted accounting principles.
  • Research and propose accounting treatment for complex accounting issues.
  • Ensure designated internal controls are in place, monitoring effectiveness of controls and recommending and/or implementing changes as required.
  • Maintain an accurate general ledger and accounting system.
  • Subject Matter Expert for finance related projects such as Publisher Platform Integration.
  • Manage, train, and evaluate the Senior Accountant’s performance.
  • Prepare ad hoc reports as needed.
  • Assist CMRRA President with other finance related assignments, functions and reports as requested (i.e., Residuals Policy, CPC Finance Committee review, IT Depreciation).
  • Participate in various systems development project meetings, evaluating requirements and incorporation with financial systems.
  • Participate in a wide variety of special projects and compiles a variety of special reports.
  • Establish and implement short-term and long-range accounting departmental goals, objectives; monitor and evaluate program effectiveness; effect changes required for improvement.
  • Other projects and duties as assigned.

Travel Requirements: Overnight international travel to the US less than 25% of the time.

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