Vice President Finance
Found in: Adzuna CA C2 - 7 days ago
VP Finance
Position Purpose:
Reporting to the CEO and serving as an integral member of the executive management team, the Vice President of Finance will be responsible for the development of OPI’s financial management strategy and contribute to the development of the organization’s strategic goals. In addition to the strategic components, the VP will be charged with developing and implementing more sophisticated policies and procedures in the finance department. This is an outstanding opportunity for a finance executive with manufacturing experience and a proven track record of creative problem-solving and change management to join in a high-growth, mission-driven organization.
Key Result Area #1:
Financial Management
Tasks and Activities:
- Manage company full-cycle financial accounting activities for two corporate entities in Canada and the US
- Manage and mentor the finance and administration team
- Manage grant funding (PIC, IRAP, PrairiesCAN programs) as well as SR&ED filings and returns
- Coordinate the annual budget and forecasting process
- Prepare annual review working papers
- Ensure ERP and other systems are adequate for proper financial management of all manufacturing operations
Key Result Area #2:
Executive leadership
Tasks and Activities:
- Participate at the leadership table, leading on finance and treasury discussions, and financing initiatives
- Manage financial details of significant growth program
- Manage working capital, cash flows and surplus cash investment
- Develop performance measures for organizational accountability
- Oversee risk management
- Bring the finance voice to M&A discussions, and work to prepare company for potential onboard of equity partners.
- Define, Build, and maintain executive dashboard in PowerBI utilizing appropriate development resources.
Key Result Area #3:
Cost Accounting
Tasks and Activities:
- Manage company cost accounting activities
- Update product costs annually or as needed
- Implement best-practices with respect to standard costing and inventory practices, both procedurally and within the ERP system.
- Provide analysis, cost trends, utilization results
- Coordinate and direct semi-annual physical inventory count and valuation with Production, finding and fixing root causes of discrepancies.
Key Result Area #4:
Administration
Tasks and Activities:
- Review staffing requirements and develop position descriptions for Accounting/Finance department
- Review contracts and other legal documentation
- Assist with improving processes and procedures
- Annual review of corporate insurance needs and policy renewal
- Work with Deloitte during the annual review and tax filing for OPI
- Work with CBIZ for the Integris Federal and State tax filings
- Assist Product team with the annual price list update
Skills & Qualifications:
- years experience in a senior financial position or post designation
- SME full cycle accounting experience
- with extensive experience in Canadian and US financial and tax reporting
- cash management experience
- Manufacturing Operations experience
- of NetSuite ERP and Microsoft Office product suite, including Power-BI
- integration experience, with database management
- in SaaS-based recurring revenue, automated billing and subscription management
- experience
- analytical and financial modelling
- Strong business sense and results oriented
- Team player, with ability to motivate and lead the team
- Excellent verbal, written communication and interpersonal skills (team player)
Education Requirements:
- Bachelor’s Degree in Finance or a related discipline
- Professional accounting designation (CPA, CA, CMA, CGA)
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