Director, Financial Planning

4 weeks ago

Toronto ON, Canada Stonewood Group Inc. Full time

Electronics – Director Finance – Toronto
Our client designs and manufactures electronic systems and subsystems for sale to OEMs around the world. The firm has earned a worldwide reputation for delivering reliable, cost-effective solutions and for providing outstanding customer service on a global basis.
The firm’s portfolio includes over 1500 field-proven designs, a testament to their experience and versatility. The Director Finance will have responsibility for evaluating and impacting the effectiveness of company systems and controls on a wide range of processes supporting strategic and long-range planning. It will oversee all financial and administrative matters of the company and reporting on them in a timely and accurate fashion.
Develop and participate in implementing goals, objectives, policies, standards and internal controls for the client
Provide professional assistance to management on budgets and related matters
Report financial plans and results to President and senior management with weekly/monthly financial statement
Conduct an audit of the stipulated systems/processes, in order to ensure the effectiveness and efficiency of internal control systems and to link it to the financial reporting
Provide leadership, guidance and mentorship to the finance staff in the organization
Providing the primary financial interface in support of the CEO to banking institutions and other outside interested parties, relating to the Company’s finances and its financial operations and activities
Examine functional areas such as Finance, Procurement, Scheduling, Engineering, Production, Sales, and conduct special reviews of, for example, cost and performance management of departments, in order to identify potential inefficiencies to achieve long-term improvement of functional performance
Key Performance Deliverables
Specific performance measures will be agreed upon with the successful candidate prior to joining the organization.
The following competencies listed below define the role of – Director Finance at Confidential
Demonstrates critical technical or professional knowledge/skills related to the role. Expands technical knowledge/skills and keeps up-to-date in own area of expertise.
Planning & Objective Setting
Is realistic about time-scales and builds in appropriate checkpoints, milestones and controls in order to ensure that desired results are realized.
People Management
Establishes and communicates clear priorities and sense of direction. Adapts management style to achieve optimum results.
Quality Orientation
Strives for excellence in products, processes and/or services through continued evaluation, enhancement and redefinition of quality standards.
Draws parallels across situations and contexts. The following indicates specific industry, academic and functional experience/qualifications that are important to the successful achievement of the identified responsibilities and performance deliverables.

Bachelor Degree in Finance, Commerce or Administration with CA or equivalent designation;
Excellent knowledge of manufacturing and accounting computer application systems to supply the most accurate and comprehensive financial information. Familiar with factories and scheduling (routing, standard times ie. how products gets through the factory
More than 5-8 years of progressive, hands-on experience in financial management in a manufacturing environment with increasing responsibilities for multi-faceted direction and planning, including in-depth analysis of corporate business data;
Experience with international accounting, taxes, contracts;
Experience with lean manufacturing and cost accounting;
Experience in strategic planning and executions;
Experience in Risk Management with development of contingency plans;
Knowledge of federal and provincial financial regulations including income tax, commodity tax, payroll deductions, WSIB, labour standards, privacy standard;

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