Field Finance Manager- Merger and acquisition

5 days ago


Bolton, Canada CARQUEST Canada Ltd. Full time

Reporting to the Finance Director, the Field Finance Manager is responsible for accelerating the performance of Carquest within our Independent business channel by providing financial and consultive support to our independent owners and leading the prospective acquisition of independent locations within the channel of business.

This role focuses on delivering strategies that accelerate performance through robust performance analysis and benchmarking, identifying and completing prospective business acquisitions, managing the company’s liabilities in A/R, enforcing company credit policies and identifying inventory opportunities within our independent partners’ stores. This role is suited to candidates with strong leadership, financial and influence skills who can navigate across multiple internal and external stakeholders. A qualified candidate will have experience in project management, business financial analysis and consulting, and mergers and acquisitions. Experience in the automotive industry is preferred.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

· Creates and implements strategic assessments and plans to support company growth within the channel by assisting our independent partners achieve their store growth potential.

· Develops business relationships and coaches our independent partners’ stores to achieve enhanced profitability and operate under sound financial practices.

· Leads company store acquisitions projects; deal evaluations, negotiations, preparation of legal and closing documents for store purchase or sale.

Builds strong working relationships with sales teams, leadership and corporate legal and credit departments.

· Monitors account receivables from Independent partners and enforces company credit policies; resolves billing issues, credit limits and credit holds with our credit team. Assists with the credit investigation for all new stores. Reviews and resolves bad debt issues. Maintains credit files and monitor PPSA filings for continuation on Independent stores.

· Other duties assigned as needed.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Technical Qualifications:

· Ability to read and comprehend income statements, balance sheets and statements of cash-flows to create pro-forma statements, complete benchmarking and make recommendations to improve performance.

· Skilled in completing business valuations and navigating the acquisition process from initial valuation through closing. Includes the ability to successfully navigate approval processes and gain alignment across multiple stakeholders.

· Possess exemplary Excel skills and ability to develop financial models for valuation and analysis; able to leverage technology to efficiently model different scenarios and complete benchmarking analysis in a simplified manner.

· Ability to review and negotiate contracts to ensure the protection and benefit realization of Carquest.

· Capable of developing and presenting information in a clear, concise, and persuasive manner. Can respond to questions from groups of senior management, business owners, department heads, and the broader business teams.

· Bilingual French/English an asset.

EDUCATION and/or EXPERIENCE: Bachelor’s degree in business, Finance, Accounting or related field required. 3 to 10+ years of experience in a related field. Exposure to small businesses is a plus. Experience working within automotive industry is an asset.

SUPERVISORY RESPONSIBILITIES: None.

CERTIFICATES, LICENSES, REGISTRATIONS: None Required

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Travel up to 50%, to meet with store owners, participate in new store conversions, prospect new business and support sales teams.

WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

Job Type: Full-time

Benefits:

  • Company pension
  • Dental care
  • Employee assistance program
  • Employee stock purchase plan
  • Extended health care
  • On-site parking
  • Paid time off
  • RRSP match
  • Store discount
  • Vision care

Schedule:

  • Monday to Friday

Supplemental pay types:

  • Bonus pay

Work Location: In person

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