VP of Finance

5 days ago


Ottawa, Ontario, Canada Noibu Inc. Full time

Noibu is Canada's Capital city's fastest-growing technology company. We help brands recover millions of dollars in lost sales every day by helping them detect, manage, and resolve critical errors on their online store. You may have heard of some of our customers like Louis Vuitton, Cartier, Mont Blanc, Air Transat, and Guess Jeans.

We're a dedicated team, driven by 4 values; Customer Obsession, Quality, Results-Oriented, and Accountability. We've been recognized in 2023 as the Globe and Mail's 8th Fastest Growing Company, 12th in Deloitte Technology Fast 500, #2 in Canada for Deloitte's Fast 50 in Technology, #4 on Forbes Canada's Best Startup Employers and are Great Place to Work Certified in Canada. If you're interested in joining a team poised for greatness, we hope you'll apply

We are looking for a Finance lead to join our Senior Leadership Team. Reporting to the CEO, the VP of Finance will lead all our financial planning processes, accounting operations, investment decision analysis, and development of business insights. You'll play a key role in collaborating with the Senior Leadership Team helping to influence Noibu's future and strategies across the business. Using advanced modeling skills, you'll help us to grow responsibly and intentionally to our large goals and help us validate the financial aspects of business decisions. You will play a key role in fundraising alongside our CEO.

What you'll be doing:
  • Financial Strategy: Support the CEO in preparing for any future fundraising processes, M&A activities, due diligence, and company financial strategic initiatives.
  • Financial Planning and Analysis: Lead the financial planning process, including budgeting, forecasting, and financial modelling. Provide insightful analysis and recommendations to optimize financial performance.
  • Team Leadership: Build and develop a high-performing Finance team, providing mentorship and guidance to foster professional growth.
  • Financial Modelling: You will be deeply involved in learning and enhancing the company's current models including the Operating Model, Cohort Model, and Capacity Planning Model. You will be building new financial models that enable leadership to make effective decisions about the company's revenue projections, cost base, and key business drivers.
  • Financial Reporting & Operations: Oversee all bookkeeping, accounts receivable, accounts payable, treasury, internal controls, reporting and adhering to all regulatory deadlines around bank covenants, tax compliance, payroll, and R&D credits. You'll be executing on a tight closing cycle in an accurate, timely, and complete manner to deliver monthly consolidated P&L, balance sheet, cash flow, SaaS metrics, KPI reporting packages to stakeholders including executive team, board of directors, investors, and banks. You'll provide high-quality commentary and recommendations in completing variance analysis, forecasting, working capital, and operating model updates.
  • Corporate Planning: Work with leaders across the business to develop long-range strategic and financial plans and ensure it is achievable against the company's financial objectives.
  • Financial Processes: Responsible for developing and enhancing accounting policies and workflows (e.g. order-to-cash, procure-to-pay, etc.) to align with Noibu's growth and complexity of transactions. Contribute to building the department's handbook, new internal controls, and work towards our objective of building a world-class finance team.
  • Budgeting & Analysis: Help support annual and periodic budgeting processes, including preparation, review, assigning department-specific budgets, and tracking monthly/quarterly actuals vs. budget. You will conduct thorough analysis with high-quality narratives to inform stakeholders on performance.
  • Internal Controls & Audit: Lead the external audit process and be a core contributor to due diligence in future capital raises.
  • Business Partnering / Cross-Functional Collaboration: Serve as a finance business partner to departments, assisting them in evaluating investment cases and reviewing their actuals vs budget. You'll play chief investigator on any operational issues that arise. You'll review vendor contracts and help with negotiations as needed.
  • Ad-Hoc Projects: Assist in the planning and implementation of key operational projects such as new cost centre frameworks, performance dashboards, custom P&Ls by dimensions for different departments, metrics dictionary, etc.
Who you are:
  • Experience leading the Finance function in high-growth SaaS/Technology companies, specifically managing revenue in the range of $10-50M+, and have successfully overseen Series A - C funding rounds.
  • Bachelor of Commerce specializing in accounting or finance as well as completion of a professional designation and/or graduate degree (i.e. CPA, CFA, and/or MBA).
  • Strong understanding of SaaS metrics and business models.
  • Experience working in both a strategic and operational capacity to lead/partner on business objectives.
  • Proven ability to recommend, influence, develop, and implement policies and programs that guide business units to improve competitive positioning and profitability.
  • Possess a strong desire to continuously grow and learn within the finance field and the SaaS industry. Stay updated on industry trends, best practices, and emerging financial technologies.
  • Strong financial modeling skills including expert proficiency in Excel, Google Sheets or significant experience in other data analysis and dashboarding tools.
  • Demonstrated success in driving financial growth, increasing revenue, and optimizing profitability. Experience with SaaS metrics and business models is a plus.
What you'll be measured on:
  • Accurate financial reporting & forecasting.
  • Strong perception/trust from leadership and our board.
  • Strong MRR collection rate.
  • P&L and cash burn budget is on track.

Why should you consider Noibu?

We're working to be Ottawa's next Unicorn.

Noibu is going to impact billions of shoppers. By joining our small team on the ground floor, you have the opportunity to do something amazing with us and grow more than you even realize is possible.

Compensation

We're a pay-for-impact company that is striving to lead the market in regard to compensation. Outside of your base salary, you can access our Employee Stock Option Plan and potential variable pay or bonus arrangements.

Unlimited Time Off & Flexible Working Style

In addition to unlimited time off, we enforce an annual minimum of 3 weeks for all employees and have a company-wide holiday shutdown yearly. Our flexible working style means you get to choose the hours that work best for you.

Benefits from Day 1

Imagine waiting 3 months into your new job to go to the dentist. Never at Noibu. We hired you. We believe in you, and everyone gets access to all benefits, perks, and allowances from their first day with us.

Fun & Engagement

Many companies preach having fun, but we seriously do walk the walk. Think things like Monthly Company-Wide & Team-Specific Socials, frequent post-work Happy Hours, and a MAJOR annual Holiday Party.

...Plus much, much more.

If you have experience close to what we outlined but think you might be missing a few things, apply anyway What's the worst that could happen? Noibu looks for people with exceptional potential, and we know that this takes many forms.

At Noibu, we are committed to building and fostering an environment where our employees feel included, valued, supported, and heard. We strongly encourage applications from Indigenous people, racialized people, people with disabilities, people from gender and sexually diverse communities and/or people with intersectional identities. If you require any accommodations, please notify us, and we will ensure you can participate fully and equally during the recruitment and selection process.

We encourage all applicants to indicate their pronouns on their application (e.g. she/her/hers, he/him/his, they/them/theirs, etc).

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