Controller

Currency Exchange International (CXI) is a Money Service Business based in Orlando, Florida.

Currency Exchange International, Corp. is a publicly traded company on the Toronto Stock Exchange (CXI) and OTC (CURN). CXI provides a wide range of foreign exchange services to customers in both the United States and in Canada. CXI’s primary business channels to service customers are through its company-owned branch locations and foreign exchange partnerships with financial institutions and corporations. CXI has been providing global payment solutions for clients that span wide-ranging industries. As one of North America's leading foreign exchange wholesalers, CXI can provide personalized and efficient service, competitive rates, as well as a number of settlement options.

Currency Exchange International is currently seeking a Full-Time Controller.

Are you a mature, team player that thrives in an entrepreneurial setting and is looking for your next opportunity where you can make a significant impact? Do you see problems as opportunities? If you answered yes to these questions, then CXI may be the right fit for you. The company is embarking on an ambitious growth strategy and is looking for an accomplished individual to own the controllership function of this public company, located at our head office in Orlando. 

Position Summary: The Controller, a key financial steward with high integrity, provides leadership, management and vision necessary to ensure that the accounting department has the proper controls, policies, processes, procedures, systems, and resources in place to produce timely financial information in accordance with generally accepted accounting principles. With six direct reports, this critical role has ownership for the general ledger and month-end close process, including all accounting cycles for CXI and its subsidiary, Exchange Bank of Canada (EBC). The successful candidate will achieve positive outcomes through a respectful, constructive and energetic style, guided by the values, and objectives of the company.

Key Responsibilities:

• Design, implement, and maintain a framework to monitor the effectiveness of the internal controls over financial reporting, enhancing controls as necessary to ensure a strong control environment.
• Implement policies and procedures to identify and mitigate financial risks.
• Develop, document, and update accounting policies to support internal and external reporting needs, applying International Financial Reporting Standards (IFRS) where appropriate;
• In collaboration with other team members and external advisors, evaluate the impact of proposed, and prospective accounting standards on the entity’s accounting policies;
• Manage the annual audit and quarterly review processes to ensure that they are as efficient as possible, whilst managing the expectations of the auditors.
• Manages the stock option and appreciation rights plans to ensure that the activity is recorded and disclosed properly.
• Support the preparation of annual and quarterly filings with the securities commission, including related disclosures and attestations.
• Ensures compliance with local, state, and federal tax regulations, engaging external advisors where appropriate.
• Maintain an organizational design structure that best supports the organizational objectives.
• Implement a performance management framework, with SMART objectives, coupled with metrics to inform the efficiency and effectiveness of people as well as processes.
• Cultivate an energetic and dedicated team, showcasing their strengths while working with each to create a tailored plan for long-term growth and development, enabled by the proper training and tools to support their goals. 
• Keeps CFO promptly and fully formed of all problems or unusual matters of significance and takes prompt corrective action where necessary or suggests alternative courses of action which may be taken.
• Collaborate cross-functionally on new initiatives, ensuring that the financial and accounting impact are properly assessed.

Required Education and Experience:

1. Bachelor’s and/or Master’s Degree with a focus in accounting
2. CPA Designation
3. Minimum of 10 years of experience

Additional Experience (Not Required, but Beneficial):

1. Banking and/or financial services
2. Public company experience
3. Consolidation and translation of foreign subsidiaries
4. IFRS
5. System conversions
6. Audit and Tax support
7. Demonstrated process improvement, including month-end close cycle
8. Internal control design and implementation
9. Standardization and documentation of workflows, procedures and policies
10. Information management
11. Performance management
12. Activity-based costing

Benefits:

• Commuter Reimbursement - CXI will pay the toll, bus or metro cost in and out of work
• Holiday Pay - Paid day off for 7 designated holidays throughout the year
• Vacation - Competitive vacation entitlement commensurate with experience
• Sick/Personal Days - 1 week of paid sick/personal time off
• Health/Dental/Vision - CXI pays 60% of the Health/Dental/Vision Insurance premiums
• Short and Long-Term Disability - Plan premiums are fully covered by CXI
• 401K Plan - Eligible to enroll in this plan after 1 year of employment

Please note: Due to the current COVID-19 Pandemic, the role will start off as a remote position. Once things have settled down and are safe, the role will transition to an on-site position in Orlando, Florida.