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Director of Finance

3 months ago

Canada, CA Vaco Full time

About the Company

Our client is a Canadian family-owned manufacturer and importer. They are looking for a Director of Finance who will be responsible for overseeing the entire financial operations of the company, including compliance, tax, audit, and reporting.


Why Work Here

  • Excellent compensation package
  • Profitable and growing company
  • Stable accounting team in place with low turnover and high employee satisfaction


About the Opportunity

  • Manage a team of 4 or 5 accounting staff.
  • Work closely with CEO and other leadership team members to provide financial support and input into major business decisions.
  • Liaise with bankers as required, being the main day-to-day contact.
  • Prepare and maintain monthly budgets, including cash flow management, reflecting actual results and any material changes in Sales or Buying Plan forecasts.
  • Prepare and oversee weekly cash flow requirements.
  • Prepare and submit the annual budget to Ownership and Bank on a timely basis.
  • Oversee and communicate with Accounts Receivable and Credit Manager regarding status of the accounts (on a weekly and month end basis) and credit limits, where required.
  • Liaise with Purchasing Manager regarding buying plan, payments, vendor terms.
  • Work with department managers to obtain and process bi-weekly payroll. This includes salaried, hourly and piece work paid employees.
  • Maintain payroll system, adjustments, new hires, ROE when required, T4s
  • Overall HR responsibility to ensure that Ontario ESA and corporate policies are followed.
  • Maintain and report division financial information to ownership.
  • Liaise with sales forecasting contact.
  • Financial analysis of operations.


About You

  • CPA designation or equivalent
  • 8 years of senior level finance management experience
  • Knowledge of Stock House operation.
  • Experience with ABL lending, in particular the type and frequency of reporting
  • Experience with Sage 300 software, Nethris 3rd party Payroll system, Momentis software (an asset)
  • Knowledge of Importing from Far Eastern countries, in particular their bank and finance regulations
  • Familiarity with overseas payments e.g. Wire transfers, Letters of Credit


Salary Range

$125,000 to $145,000/year


When referencing this job, quote #417966