Director of Finance

Career Opportunities: Director of Finance (36405)

The Director of Finance is responsible for the financial health of the organization and for driving financial performance. This role oversees all accounting, budgeting, and financial activities, manages cash flow, ensures regulatory compliance, and supports executive leadership in strategic decision-making. The Director of Finance leads the finance team and is responsible for the continuous improvement of financial processes, tools, and management practices.

KEY RESPONSIBILITIES

A. Financial Management and Performance Monitoring

• Analyze the overall financial position of the organization.
• Develop, implement, and monitor key financial performance indicators (KPIs).
• Prepare financial dashboards and reports for senior management.
• Recommend initiatives to improve profitability and financial performance.
• Support strategic decision-making related to investments, pricing, and business growth.

B. Budgeting and Management Control

• Develop the annual budget and financial forecasts.
• Monitor budget performance and analyze variances.
• Implement and maintain management control procedures.
• Support operational managers in cost management and budget control.
• Optimize profit margins and cost structures.

C. Accounting and Financial Reporting

• Oversee general ledger, cost accounting, and subsidiary accounting activities.
• Ensure the accuracy and reliability of accounting records.
• Lead monthly, quarterly, and annual financial close processes.
• Prepare financial statements, including balance sheets, income statements, and cash flow statements.
• Collaborate with external auditors.

D. Treasury and Cash Flow Management

• Manage daily cash flow and cash forecasting activities.
• Monitor collections, disbursements, and banking forecasts.
• Develop and maintain cash management plans.
• Participate in banking negotiations and financing activities.

E. Taxation and Compliance

• Ensure compliance with tax, payroll, and statutory requirements.
• Oversee tax filings, including GST, QST, and other applicable taxes.
• Ensure adherence to accounting standards and regulatory requirements.
• Maintain compliance of internal financial processes and controls.

F. Leadership and Organization

• Lead, coach, and support the finance and accounting team.
• Organize workflows, assign responsibilities, and monitor priorities.
• Develop and improve internal financial policies and procedures.
• Train and mentor team members to support their professional development.
• Enhance financial processes, tools, and systems, including ERP and reporting platforms.

G. Internal and External Relationships

• Serve as the primary point of contact for financial partners, including banks, auditors, and tax advisors.
• Collaborate with internal departments such as Human Resources, Operations, Sales, Procurement, and Production.
• Provide senior leadership with reliable and relevant financial analyses and recommendations.
• Identify and assess financial risks, including liquidity, credit, and foreign exchange risks.
• Develop and implement risk prevention and control measures.
• Strengthen financial controls and safeguard cash management processes.
• Participate in the management of insurance programs and financial guarantees.

REQUIRED QUALIFICATIONS AND COMPETENCIES

Education

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Professional accounting designation (CPA) considered an asset or required depending on the organizational structure.

Experience

• Minimum of seven (7) years of experience in accounting, finance, or budget management.
• Demonstrated experience leading and supervising teams.

Specialized Knowledge

• Strong knowledge of accounting standards (ASPE, IFRS, or other applicable frameworks).
• Knowledge of provincial and federal tax regulations.
• Proficiency with accounting software and ERP systems.
• Advanced Excel skills and expertise in financial modeling.

Skills and Competencies

• Strong analytical skills, attention to detail, and excellent organizational abilities.
• Effective leadership skills with the ability to engage and motivate teams.
• Ability to work under pressure and manage multiple priorities simultaneously.
• Results-oriented mindset with the ability to influence decision-making.
• Ability to communicate complex financial information in a clear and accessible manner.

Additional Information

• Permanent, full-time position.
• Occasional availability required during financial closing periods.
• Participation in executive leadership committees, as required.