Chief Financial Officer

THE OPPORTUNITY

We have an amazing opportunity for a motivated operational Chief Financial Officer (CFO) to lead the organization’s strategic financial management, maintain stakeholder confidence and ensure the integrity of publicly filed financial statements. Reporting to the CEO, the CFO will provide timely and accurate financial information to support decisions concerning the organization’s short-, medium- and long-term direction. The CFO will provide advice and quarterly updates to the Audit Committee and Board of Directors, with additional updates as required.

The CFO will oversee accounting, budgeting, cash flow forecasting, liquidity management and financial systems across Nanalysis and its subsidiaries, including KPrime and RS2D. Working closely with operational leaders, the CFO will maintain effective internal financial controls, oversee consolidated financial reporting and ensure compliance with International Financial Reporting Standards (IFRS).

THE ORGANIZATION

Nanalysis Scientific Corp. is a publicly traded company listed on the TSX Venture Exchange under the ticker symbol NSCI. The company develops and manufactures compact nuclear magnetic resonance (NMR) instruments and magnetic resonance imaging (MRI) technology for laboratory and industrial applications. Its products serve customers across pharmaceuticals, biotechnology, energy, chemicals, food science and materials, as well as government and university research laboratories worldwide.

Through RS2D, Nanalysis also offers magnetic resonance electronics and software for NMR and MRI applications. The group includes KPrime Technologies, which focuses on Canadian aviation and urban security markets, providing maintenance services for passenger screening and imaging equipment and offering security technology solutions.

Nanalysis operates across Scientific Equipment and Security Services. Its services business includes a long-term, $160 million contract with the Canadian Air Transport Security Authority (CATSA) to maintain security scanners at more than 80 Canadian airports.

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PRIMARY DUTIES/RESPONSIBILITIES

• Participate in strategic business, financial, and human resource planning, coordinating the preparation of budgets for the organization and commercial bank.
• Lead an accounting/finance department of fifteen accounting and varied staff locally and internationally, and play a role in the overall administration and management of the organization.
• Responsible for day-to-day financial operations including: operating cash-flow, management of the general ledger, banking, investments, payroll, accounts payable, accounts receivable, government reporting, and remitting.
• Driving and overseeing the upgrading of accounting systems, the implementation of a new Microsoft-based ERP, that is suitable for the size and nature of Nanalysis and its subsidiaries.
• Monitor revenue and expenditures as compared to budget and explain variances.
• Provision of appropriate performance reports to the various departments within the organization, including subsidiaries.
• Skills and experience in timely consolidation of quarterly financial statements required.
• In addition to providing financial reports to CEO and the Board of Directors, the CFO will provide the management team with the financial and business process information they require to do their jobs optimally.
• Preparation of quarterly F/S for external distribution along with meaningful MD&A.
• Management of NCIB as directed by CEO and Board of Directors, and preparation of AIF and any regulatory documents required by the organization, as determined by the CEO and Board of Directors.
• As authorized by the organization’s CEO and Board of Directors, endorse cheques, contracts, and other legal documents on behalf of the organization.
• Liaise with external financial accountants and ensure production of annual audited financial statements.
• Oversee the financial elements of strategic partnerships with outside entities.
• Work with HR to maintain personnel files with employment information and salary verification; track vacation, leave, sick time, and overtime.
• Review and challenge external invoices from accounting and legal firms as necessary.
• Coordinate all payroll requirements, including new hires, terminations, and salary adjustments.
• Administer employee benefits plan.
• Maintain banking relations, including maintaining operating lines of credit that are required for business operations.
• Liaise with legal advisors on financial matters.
• Lead financial Due Diligence and ultimately integration for an aggressive multi-pronged acquisition strategy over the coming five years.
• Other related work may be required.

QUALIFICATIONS

• Minimum of 15 years of broad financial management experience, preferably with familiarity with public-company markets and M&A.
• Experience managing finance (accounting, budgeting, control, reporting) for start-ups and/or small manufacturing organizations with international clients and multiple funding sources, including federal, provincial, and international governments, is preferred.
• Professional accounting designation (CPA) with a related university degree.
• Proficiency in accounting software (e.g. QuickBooks) and electronic payment systems.
• Experience with ERP implementation and maintenance.
• Proficiency in Microsoft Office Suite as well as familiarity with Microsoft Dynamics.
• Ability to undertake occasional business-related travel.

KEY COMPETENCIES

• Excellent organizational, analytical, research, and time management skills.
• Ability to work with an open and consultative communication style.
• Capacity to work both independently and as a strong team player and leader, demonstrating flexibility, adaptability, timeliness, and responsiveness.
• Ability to set priorities, to act decisively, and to exercise a high degree of initiative, diplomacy, and judgment on a wide range of issues, especially when dealing with confidential matters.
• Superior skills in building and maintaining productive and supportive working relationships and dealing with others in a professional and respectful manner.
• Excellent verbal and written communication skills.