Finance Manager

7 days ago

North York ON, Canada YM INC. Full time

YM Inc. was founded on the strength of a single retail store in the heart of downtown Toronto in 1975, under the name Stitches. Today we are one of North America’s leading apparel retailers operating over 700 stores across Canada and the United States under the following banners:
Stitches, Urban Planet, Urban Behavior, Sirens, Forever 21, Urban Kids, Suzy Shier, Bluenotes, West 49, Mandee and Charlotte Russe.

Our goal is to sustain performance that exceeds expectations. We are committed to creating a culture where people feel valued and inspired to achieve results. We give our people the appropriate tools, freedom and authority to make decisions. They are accountable for their actions and we recognize their efforts and reward their results. We attract and nurture the best people by providing leadership opportunities, career development and continuous learning. We are committed to leading by example and with integrity. We treat people with respect and dignity, promote the benefits of diversity and address challenges in a direct and compassionate manner. We engage people in our goals and objectives;
we listen and act on new ideas where possible. That is our Philosophy.

How you will make a difference:

The Finance Manager is a pivotal member of the finance leadership team, responsible for managing accounting and financial reporting operations of one of the YM group’s entities. The ideal candidate will have technical accounting and reporting skills along with strong business acumen. The Finance Manager is expected to actively engage in hands-on tasks, while also providing insightful financial guidance to senior leadership. Exceptional communication skills are required for effectively conveying financial insights and collaborating with cross-functional teams to help achieve business goals. The role involves managing a team of direct reports, necessitating strong managerial skills to coach, mentor, and develop a high-performing team.

What You’ll Do:

· Oversee general ledger accounting activities to ensure smooth and timely month, quarter and year end reporting

· Compile monthly financial reporting package including executive commentaries and high-level variance analyses to provide leadership with a clear understanding of the company's financial performance

· Responsible for reviewing balance sheet reconciliations to support accuracy and completeness of financial statements.

· Collaborate with and support FP&A analyst in developing annual budgets, forecasts and variance analysis.

· Manage the income tax provision and liaise with external tax advisors to manage corporation tax returns

· Coordinate external audits to ensure support and information requests are provided for interim and annual reviews.

· Review and manage sales tax processes and technical applications in all corporate jurisdictions

· Ensure continuous review and improvement of internal controls over financial reporting in compliance with internal and external financial policies and regulations.

· Manage a team of financial analysts and accountants, participate in recruitment, selection and training of direct reports as necessary

What You’ll Need:

· Proven work experience in a senior financial capacity

· 8-12 years of overall combined accounting and finance experience

· CPA preferred

· Experience in a privately-owned business preferred

· Thorough knowledge of finance, accounting, budgeting, and cost control principles including generally accepted accounting principles in both Canada and the US

· Experience in automated financial and accounting reporting systems

· Knowledge of federal and provincial/state financial and tax regulations

· Proficient in Microsoft Office

What we offer:

· Competitive Compensation Package

· Health and Dental Benefits Plan

· Paid Sick Days

· Employee Discount

· Tuition Reimbursement

· Ongoing Training and Development

· Career Advancement Opportunities

· Being part of an amazing, supportive and collaborative team

YM Inc. is an equal opportunity employer. If chosen to participate in the selection process, accommodations are available upon request. We will consult with the applicant to provide or arrange suitable accommodation in a manner that takes into account the applicant’s accessibility needs.

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