Director, Finance

3 days ago

Toronto, Canada T & T Supermarket Full time

The Role


Reporting to the CFO, the Director, Finance & Property oversees Eastern Region Operation Finance, responsible for National new sites development and Property Management, potential business initiatives, Accounts Payable and Administration Department.

Responsibilities:


1. Project Management and Financial Analysis - Eastern Region

  • Project Management and Financial Analysis - Eastern Region
  • Lead the evaluation of potential business initiative, renovation project and prepare presentation package for senior management approval.
  • Monitor and report periodically on capital budget and performance.
  • Responsible for financial budget and performance of Eastern Region. Perform month-end financial review, identify gaps, investigate plausible causes, conduct variance analyses, and provide narrative, analysis, and explanations to explain fluctuations.


2. Property - National

  • As the champion on new store development. For all potential new store site to study, proposal, and preparation for capital approval meeting. Work closely with T&T Senior Leadership Team, Operator & LCL Real Estate team on potential site evaluation and approval.
  • Lead and develop the Property Management team to manage all corporate and regional store / central facilities / commercial retail units lease execution, renewal, and replacement.
  • Maintain effective communication between T&T operator, landlord, sub-tenant and LCL Real Estate team.
  • Develop and maintain a strategic co-tenant profile to ensure compliment to core retail business.
  • Keep abreast changes in the new site development and evaluation process; provide prompt response to changes in market conditions, company’s requirements, and government policies.


3. Accounts Payable – Eastern Region

  • Supervise Accounting team of Eastern Region to ensure efficiency / effective period end closing.
  • Uphold internal control and company policies within Eastern Region and identify / mitigate potential business risk.


4. Administration – Eastern Region

  • Oversees Administration – Eastern Region to ensure effective support to Operations, Warehouse, Central Facilities, new store opening and East Region Office.
  • Develop, improve, and roll out cost reduction program, waste management policy to stores / central facilities.


Knowledge, Skills, and Ability Requirements:

  • A university degree plus qualified member of an accountancy body or holder of an equivalent qualification.
  • 5 – 8 years of experience in retail business with good understanding of operation model, difficulties, and opportunities.
  • Over 5 years of experience in real estate development including exposure on municipal approvals, financing, construction, and occupancy.
  • Meet the requirement for a commercially astute, articulate, technically strong, dynamic, insightful, and influential leader with the ability to operate at both strategic and operational levels.
  • Exceptional communication skills at all levels.
  • Must be fluent in English and is able to understand Mandarin or Cantonese.
  • Energetic, initiative-taking, with an enquiring mind and passion for excellence and innovation in pursuit of business growth and success.
  • High integrity and openness combined with commitment to good governance.


Benefit

  • Quarterly discretionary bonus
  • Life/AD&D insurance
  • Extended health/dental/vision care
  • Long term disability insurance
  • Retirement benefit
  • Paid annual/sick/marriage/bereavement leave
  • Subsidized staff meal
  • In-store staff purchase discount


Shift

  • 5-day work week (Monday to Friday)


Safety Statement

Safety continues to be T&T Supermarket’s top priority. We’ve established health and safety policies and measures to ensure our Stores, Food Processing & Production Centres and Warehouse & Distribution are as safe as possible.

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