23 Aug
|
Rennaï
|
Mount Royal
23 Aug
Rennaï
Mount Royal
About Rennaï Discover Rennaï, the beauty and modern self-care destination of the future.
At Rennaï, we are dedicated to helping individuals achieve well-being through 360° self-care in a highly accessible setting. Inspired by the French word Renaissance, meaning rebirth and renewal, we are committed to empower individuals on their journey towards self-care, self-love, and self-discovery.
Our range of carefully curated beauty products from around the world is complemented by personalized self-care services, including consultations with beauty, nutrition, and wellness experts. We offer a variety of services to nourish the mind, body, and soul, providing everything you need to feel your best, both inside and out.
Position Overview We are seeking a detail-oriented, analytical, and continuous-improvement-focused Controller to ensure the integrity of Rennaï’s accounting operations and financial information.
The Controller will lead and actively participate in day-to-day accounting operations, ensuring the integrity of financial records and the timely execution of accounting activities. This role combines strategic financial oversight with hands-on responsibility for financial close, journal entries, account reconciliations, reporting, internal controls, inventory accounting, cost management, budgeting, and performance analysis.
Reporting to the COO, this individual will partner closely with Merchandising, Procurement, Store Operations, Logistics, and other department leaders to support profitable growth, operational discipline, and sound business decisions.
Key Responsibilities Financial Close & Reporting
- Lead and actively participate in month-end and year-end financial close processes, ensuring timely, accurate, and high-quality financial information
- Prepare and review financial statements, including income statements, balance sheets, and cash flow statements
- Oversee journal entries, account reconciliations, accruals, and supporting financial schedules
- Analyze financial results, trends, and variances and clearly communicate key findings and recommendations to management
- Maintain a disciplined close calendar and continuously improve process efficiency, documentation, and reporting quality
- Prepare and review journal entries, accruals, account reconciliations, and supporting schedules as required to support an accurate and timely close
- Perform and oversee balance sheet reconciliations and investigate unusual transactions or variances
- Actively participate in monthly, quarterly, and year-end accounting activities, ensuring completeness and accuracy of financial records
Accounting Operations & Internal Controls
- Oversee and participate in general ledger activities, accounts payable, accounts receivable, inventory accounting, tax filings, banking activities, credit card processing, gift card accounting, and cash management.
- Support the accounting team in resolving day-to-day operational accounting issues and month-end requirements
- Develop, implement, and maintain accounting policies, financial procedures, and internal controls designed to safeguard company assets
- Ensure compliance with applicable accounting principles, regulatory requirements, and internal policies
- Coordinate with external auditors and prepare the documentation required for the successful completion of audits
- Identify and implement improvements to accounting workflows, automation, documentation, and ERP utilization
- Ensure accurate reconciliation and control of POS, e-commerce, payment platforms, and related financial systems.
Inventory, Cost & Profitability Management
- Oversee and participate in inventory accounting, including valuation, reserves, adjustments, inventory variances, and reconciliations between financial and operational systems
- Monitor and analyze cost of goods sold, gross margins, expenses, inventory levels, and key cost drivers
- Implement and maintain cost-accounting methodologies appropriate for a retail environment
- Identify cost-reduction opportunities and recommend actions to improve operating efficiency and profitability
- Partner with Merchandising, Procurement, Store Operations, and Logistics to improve cost accuracy, inventory management, pricing, and margin strategies
- Maintain financial oversight of lease accounting, occupancy costs, and real estate-related financial obligations.
Financial Planning, Analysis & Business Support
- Partner with Operations and Supply Chain teams to assess financial impacts of inventory flow, logistics, procurement, and other supply chain initiatives.
- Support annual budgeting and forecasting processes with the Senior Director, Finance, Risk & Technology, and department leaders
- Prepare budget and forecast variance analysis and provide actionable recommendations to improve performance
- Track key performance indicators,
including sales, margins, expenses, inventory turnover, cash flow, and profitability by channel or category
- Perform financial modelling, scenario analysis, and business-case analysis for new initiatives, investments, and expansion projects
- Provide reliable and actionable financial insights to support strategic and operational decision-making
Team Leadership & Collaboration
- Lead, coach, and develop the Finance team while actively participating in critical accounting activities and supporting operational execution during peak periods and month-end close cycles. The Controller serves as both a people leader and a hands-on accounting professional who ensures the quality and accuracy of the department's work.
- Ensure effective allocation of responsibilities, training, succession planning, and operational continuity across the Finance function.
- Act as a finance business partner to cross-functional teams, including Payroll, Operations, Supply Chain, and Real Estate.
- Oversee and participate in the continuous improvement of business systems, reporting tools, and BI processes to support data integrity, operational efficiency, and decision-making.
First 90 Days Goals First 30 Days
- Become proficient with Rennaï’s ERP, reporting tools, close calendar, accounting policies, and retail operating model
- Build strong relationships with the Finance team and key cross-functional stakeholders
First 60 Days
- Take ownership of the monthly close, financial reporting, reconciliations, and key control activities
- Assess inventory accounting, reporting processes, and control gaps and prioritize practical improvements
First 90 Days
- Deliver a reliable and timely financial close with clear management reporting and variance analysis
- Implement initial process and control improvements and establish a roadmap for further automation and scalability
What You Bring
- Bachelor’s degree in Accounting, Finance, or a related field; a CPA designation is considered a solid asset
- Progressive accounting and financial-control experience, including financial close and statements; retail, consumer goods, inventory-based, or high-volume experience is preferred
- Strong knowledge of internal controls, inventory and cost accounting, budgeting, forecasting, and variance analysis
- Experience supervising, coaching, or developing an accounting team
- Advanced Excel and ERP skills (LS Retail is an asset), strong analytical and bilingual communication abilities, and a high level of integrity, judgment, and discretion.
📌 Controller (Mount Royal)
🏢 Rennaï
📍 Mount Royal