Senior Director, Finance & Controller, M&D

The Role

The Senior Director, Finance & Controller is a critical member of both the Melissa & Doug Finance Team and the Spin Master global Finance team. The Senior Director, Finance & Controller will lead key Finance functions for the Melissa & Doug business, including accounting, financial reporting, internal controls, systems projects, integration leadership, internal/external audit management as well as oversight of accounts receivable, accounts payable and cash management.

Key Responsibilities:

• Establish and maintain financial records in accordance with Spin Master’s global financial management policies, practices and timelines.

• Deliver and monitor key performance metrics, financial & management reporting for internal management and for global company reporting.  

• Manage the consolidation process and prepare thorough analysis and present financial results to the management team on a monthly basis.  Monitor and analyze monthly and quarterly operating results against budget and forecast and advise/work closely with management on any remediation opportunities required to enhance business performance.

• Establish, maintain and ensure adequate internal controls are in place throughout Melissa & Doug. Promote a culture of Risk & Control, Analysis and Reconciliation, Data Integrity, Documentation and Support for the Financial Reporting processes.

• Ensure that in conjunction with the Internal Audit Group, all financial reporting and transaction processes are properly documented, controls identified, and their effectiveness evaluated and strengthened.   Ensure that Internal Control Deficiencies identified are being addressed by process owners on a timely basis.

• Manage external quarterly review and annual audit process and manage relationships with external auditors ensuring efficient and effective audits.

• Manage, in conjunction with the Corporate Finance team, the planning and execution of business systems projects including the transition from Oracle and legacy systems to Spin Master’s upgraded SAP platform.   Execute vision and lead departmental improvements targeting automation and process effectiveness driving towards a world-class, high-performing finance function.

• Lead and manage, in conjunction with the Corporate Finance team, the planning and execution key integration activities and projects. 

• Manage, in conjunction with the Corporate Treasury Team, Melissa & Doug Treasury activities including cash flow planning, liquidity management and insurance as well as the credit & collections and accounts payable teams. Ensure that Cash from Operations is maximized and that Net Working Capital is minimized.

• Manage, in conjunction with the Corporate Tax team and external tax advisors, M&D’s tax matters, including planning, transfer pricing and compliance including direct/indirect taxes.

• Lead and mentor the local Finance team of finance professionals in a dynamic, fast-paced environment and ensure finance functional staff are in place to deliver against company business plans; create succession plans for key finance roles as needed.

Key qualifications include:

• Experience working within a publicly traded company is advantageous

• Knowledge of GAAP & IFRS

• Experience with SAP and Oracle preferred

• Experience within a consumer goods company preferred

• Active CPA required

The anticipated pay range for candidates who will work in Connecticut is $180,000 to $220,000 Per Annum. The offered pay to a successful candidate will be dependent on several factors that may include but are not limited to years of experience within the job, years of experience within the required industry, education, etc. Spin Master Inc. is a multi-state employer, and this salary range may not reflect positions that work only in other states.

#LI-Hybrid #LI-HM1

About Melissa & Doug and Spin Master

It all started in 1988 with a boy, a girl, and a dream to make meaningful toys that would inspire hands-on, imaginative play. From classic wooden toys to realistic pretend play sets, Melissa & Doug makes well-crafted toys that are developed with care to be passed down from generation to generation or shared family to family. Whether it’s creating high-quality toys that are made to last, planting trees to restore the resources we use, or ensuring their products encourage open-ended play for all kinds of kids, Melissa & Doug is on a journey to make the world a better, more sustainable place. While the Company approaches $1 billion at retail annually, the quality of every toy, the experience of every child, and the trust of every parent remains at the center of everything the Company does. To learn more about Melissa and Doug’s mission and commitment to sustainability, go to MelissaAndDoug.com.  Spin Master Corp. (TSX: TOY) completed the acquisition of Melissa & Doug in January 2024.