Temporary, Director of Finance

4 weeks ago


Estevan, Canada PRIMEC Controls Canada Full time

At PRIMEC, we are dedicated to driving innovation and excellence in energy production, through strategic growth, operational improvements, exceptional customer and employee experience and giving back to our communities. As we expand our footprint and explore continued innovation in service of our customers, we seek a dynamic and agile Chief Financial Officer (CFO) to join our Executive team in Estevan, Saskatchewan.

About PRIMEC

PRIMEC is a dynamic company specializing in a range of technical services, including programming, repairs, instrumentation, measurement, electrical systems, and combustion solutions. With a commitment to innovation and precision, PRIMEC provides tailored solutions that enhance operational efficiency for its clients across various industries. Their expert team leverages advanced technology and industry best practices to ensure that all projects meet the highest standards of quality and safety. Additionally, PRIMEC maintains key channel partner distribution arrangements that further enhance its service offerings and product availability.

In the realm of electrical systems and instrumentation, PRIMEC excels in delivering comprehensive measurement and monitoring solutions. They play a crucial role in optimizing combustion processes, ensuring that energy production is both efficient and environmentally responsible. By combining their extensive knowledge in programming with hands-on repair services, PRIMEC is a one-stop shop for businesses looking to streamline their operations and enhance performance.

Chief Financial Officer (CFO) Position Overview:

As the CFO, you will be a key strategic partner, providing financial oversight and leadership for the organization and leading a finance and administration team of seven. In this multi-faceted position, you will ensure the integrity of our financial position and systems while guiding our growth trajectory through mergers, acquisitions, and by architecting the management of capital and multiple entities. This role offers an exciting opportunity to influence the sustainable growth of the company with diverse business interests at the same time as owning all aspects of financial management for the organization. You will be at the forefront of our expansion, working with a talented and dedicated team and making impactful decisions that shape our future.

Key Responsibilities:

  • Lead and mentor a finance team, fostering a culture of performance, collaboration and continuous improvement.
  • Oversee financial analysis, reporting and systems and ensure robust and accurate financial reporting and analysis, establish effective controls and asset protection, and utilize analysis to support informed decision making
  • Manage budgeting, forecasting, and financial planning to implement strategic and operational objectives.
  • Oversee management of cashflow, working capital and optimize the company’s capital structure to support growth initiatives
  • Manage relationships with investors, banks, and other financial institutions.
  • Identify, assess and manage financial, market, regulatory and operational risks and ensure compliance with tax laws and optimize the company’s tax position
  • Drive ESG (Environment, Social, and Governance) initiatives within financial practices.
  • Lead continuous improvement and optimization of our financial processes and ERP systems
  • Collaborate with the management team to set strategic priorities and develop initiatives aligned with strategic growth and business objectives
  • Develop relationships inside and outside of the organization to support the strategic plan and optimize service delivery
  • Communicate financial performance and strategy to a variety of stakeholders, including the board, investors, leaders and employees.
  • Act as the primary point of contact for financial matters with external auditors and regulators.
  • Advise the CEO, partners and board of directors on governance matters, including reporting, compliance, and decision-making.
  • Evaluate and execute mergers, acquisitions and other strategic transactions to enhance the company’s market position and positive reputation

Education and Experience:

  • CPA designation
  • 10-15 years of relevant experience with a blend of public accounting and industry experience, particularly in the oil and gas sector.
  • Track record with growth and scaling businesses and managing multiple entities
  • Experience with mergers and acquisitions considered an asset
  • Experience in implementing and working with ERP systems; familiarity with Discovery Solutions is considered an asset.

Skills and Abilities:

  • Strong leadership skills with a positive attitude, humility, accountability and a commitment to team success.
  • Excellent relationship building skills
  • Superior written and verbal communication skills and ability to connect with multiple stakeholders internally and externally
  • Excellent data mining and analysis capabilities.
  • Proficiency in database and accounting computer applications systems, including Excel and PowerPoint.

Total Rewards Package:

  • Competitive base salary
  • Short and long-term incentives
  • Comprehensive benefits package including RRSP matching

Location:

  • Ideally, the position is based in Estevan. Open to considering hybrid work arrangements with significant presence in Estevan.
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