Director, Finance

1 month ago

Markham, Canada T&T Supermarket Full time

Company Introduction: T&T Supermarket Inc. was founded in 1993 with two stores in BC. Since then, it has expanded rapidly and is now Canada’s largest Asian supermarket chain with 35 stores across the country: 14 in BC, 7 in Alberta, 13 in Ontario, and 1 in Quebec. The Company’s continuous expansion is going to bring more new stores in the next couple of years.


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.


Major Responsibilities:

  1. Project Management and Financial Analysis - Eastern Region
    • Lead the evaluation of potential business initiatives, renovation projects and prepare presentation packages 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, study proposals and prepare for capital approval meetings for all potential new store sites. 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 good communication between T&T operator, landlord, sub-tenant and LCL Real Estate team.
    • Develop and maintain a strategic co-tenant profile to ensure complement to core retail business.
    • Keep abreast of changes in the new site development and evaluation process; provide prompt responses to changes in market conditions, company’s requirements and government policies.
  3. Accounts Payable – Eastern Region
    • Supervise the 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 risks.
  4. Administration – Eastern Region
    • Oversee 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 programs and waste management policies 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 a good understanding of operation model, difficulties and opportunities.
  • Over 5 years of experience in real estate development including exposure to 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 able to understand Mandarin or Cantonese.
  • Energetic, highly motivated, 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.

Benefits:

  • 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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