VP FINANCE

MANUFACTURING INDUSTRY

Our highly valued client in the manufacturing industry is looking for a VP Finance to join their team!

Reporting to the CEO, the VP Finance brings leadership to and hold responsibility for overseeing the overall financial operations of the various entities by providing accurate information to the CEO, the Executive Team and the Board of Directors, including KPIs, financial analyses, budgeting, forecasting and the preparation of monthly consolidated financial reports.
As a key member of the Executive team, the VP Finance will report to the Board of Directors and work with the senior leadership team to improve the operational efficiencies and financial performance of the Company.  The incumbent will also be expected to play a leadership role in driving the organization towards achieving its financial and operational objectives whilst moving the finance function through the day to day transactional and cost efficiency functions; ensuring effective compliance and control and responding to regulatory developments and financial reporting obligations.  In doing so, there will be the need to balance short term concerns and pressures, such as managing cash, liquidity and profitability with long-term vision and sustainable success.  Working closely with the CEO and the Executive team to drive and manage change and operational improvements; the VP Finance will enhance a new financial and operating reporting system that in turn will drive timely and improved decision making and ultimately profitability across the organization.

Responsibilities:

• Oversee the management and coordination of all fiscal, sales and operational reporting activities of the organization, including providing the CEO with annual budgets and periodic budget/forecast updates for the group
• Oversee the production of daily, weekly and monthly reports, including financial statements (balance sheet, income statement, cash flows), prepared in compliance with generally accepted accounting principles and/or IFRS, with comparison to budget/forecast – forecasting trends and identifying exceptions
• Oversee policy, protocols and internal controls to safeguard the financial assets of the company and ensure safe and sound business operations, recordkeeping and proper disclosure of required financial, operational and management information
• Actively manage a team of 6
• Provide strategic finance support and guidance for evolving partnering relationships, joint ventures, etc.
• Liaise and work with executive team and department managers to develop annual and multi year strategic plans for the company, including budgeting, forecasting and business plans, and identifying appropriate KPIs based on both industry and internal standards
• Oversee local, provincial/state, and federal reporting requirements, including tax and regulatory filings, across all entities within the group
• Provide advice on changing governmental legislation that potentially impacts the business financial, administrative and IT requirements, as well as tax guidance for Canadian and US revenue
• Oversee all treasury activities, including banking, investment, derivative/foreign currency and liquidity management
• Oversee and guide the year-end processes and provide overall coordination and liaise with external auditors on year-end (and other) reporting requirements, direct company staff to work within the parameters and discuss/review with the auditors’ recommendations for procedural improvements
• Supervise assigned personnel, allocate work and make decisions regarding employment related functions (performance, training/development, salary recommendations, promotions/transfers)
• Align Finance team to business requirements, identifying key roles and hires and mentoring and training existing team
• Serve on management committees, as representative to Board meetings and liaison otherwise, as requested

Qualifications:

• University degree in Business/Accounting with a professional accounting designation (CPA); MBA a plus
• A minimum of ten years of experience of increasing responsibility in senior level finance, ideally with a multi-divisional consumer goods manufacturer/distributor dealing with top tier online retailers
• Supervisory experience of manager-level employees
• Knowledge of finance, accounting, auditing, budgeting, and cost control principles including Generally Accepted Accounting Principles, International Financial Reporting Standards and Generally Accepted Auditing Standards
• Experience overseeing and guiding 3rd party audits
• Knowledge of automated financial and accounting reporting systems as well as ERP/MRP and Microsoft Office
• Knowledge of regulatory reporting requirements and applicable local/provincial/federal regulations
• Ability to analyze financial and operational data and prepare financial reports, statements and projections
• Working knowledge of short and long-term budgeting and forecasting and profitability analysis
• Offshore, multi-currency experience with exposure to international structures and transfer pricing
• Superior professional written and verbal communication and interpersonal skills
• High level of critical thinking ability, with creative and innovative problem solving
• Strong leadership, project management and decision making skills
• Ability to motivate teams to produce quality materials within tight time frames and simultaneously manage several projects
• Ability to participate in and facilitate group meetings
• International/US travel may be required