Chief Financial Officer

Croesus provides innovative, high-performance, and secure wealth management solutions that include portfolio management systems, portfolio rebalancing tools, and application programming interfaces (APIs). These solutions empower wealth management professionals to improve their productivity, enhance their client relationships, make informed decisions, and maximize the management of their assets under management. Croesus’s mission is to provide a superior experience to its clients, users, partners, and employees and to positively impact the community. With more than 200 employees in its Montréal, Toronto, and Geneva offices, Croesus has won several industry awards for being a high-quality solution provider and an outstanding employer.

Reporting to the President, the CFO plays a pivotal role in the company’s growth, strategic development, and financial success, and is a key member of the Croesus management team. The CFO is responsible for financial strategy and management, financing, investments, and shared services.

With strong financial skills, the successful candidate shares the company’s core values of respect, integrity, ethics, and collaboration. The incumbent must demonstrate leadership, an entrepreneurial spirit, and business acumen that will make him or her an ally in stimulating growth and successfully achieving Croesus’s business objectives.

Key responsibilities

Strategy and financial management:

• Negotiate and manage contracts and agreements with external clients, partners, subcontractors, and technology suppliers.
• Develop and implement long-term financial strategies, aligning them with overall company objectives.
• Act as advisor to the President and Board of Directors to optimize financing and investment strategies and the company’s financial and tax structure.
• Provide financial information to guide the strategic decision-making process for senior management and the Board of Directors.
• Oversee all company financial and administrative activities, including accounting, treasury, financial planning, financial analysis, and risk management.
• Ensure effective leadership, team performance, and optimized accounting, accounts payable and receivable (suppliers and clients), and payroll processes.
• Optimize the company’s capital structure, considering financing costs, risks, and growth objectives.
• Manage the company’s cash flow, ensuring that it has the necessary liquidity to finance its activities and investments, and manage relationships with banks and financial institutions.
• Orchestrate the preparation and audit of the company’s financial statements, ensuring compliance with accounting and regulatory standards, and communicating results to internal and external stakeholders.
• Identify and assess the company’s financial risks and implement risk management strategies to protect the company’s assets.

Financing:

• Develop and execute the company’s financing strategy, considering growth needs and market conditions.
• Identify and negotiate various sources of financing, including debt, equity, venture capital, and government grants.
• Establish and maintain strong relationships with financial institutions, investors, and other financial partners.
• Oversee the preparation of financial documents required for financing transactions.

Investment:

• Define and implement the company’s investment strategy to achieve growth and profitability goals.
• Identify and evaluate investment opportunities through comprehensive financial analysis, including consideration of associated risks.
• Provide leadership in conducting due diligence on potential mergers and acquisitions. Working with internal vice presidents, conduct in-depth research to evaluate financial, legal, tax, and operational situations.
• Manage the company’s investment portfolio, analyze its financial performance, and propose solutions to ensure project and investment profitability and viability.
• Represent the company to investment partners and other stakeholders.

Mergers and acquisitions:

• As part of the company’s plans for long-term growth and in close coordination with the President and the Board of Directors, create and execute a strategy for mergers and acquisitions that adds value to the company.
• Oversee the following processes: identifying opportunities, assessing potential targets, conducting thorough examinations, negotiating and finalizing the deal, and handling post-acquisition integration.
• Evaluate potential targets by conducting thorough analyses to understand trade benefits and impacts, aiding decision-making.
• Take the lead in negotiating the commercial terms, working alongside external advisors such as investment banks, attorneys, and auditors, and overseeing all aspects of trades.
• Work with management and the Board of Directors to guide teams through the process of change management, minimizing integration risks, and achieving expected synergies.
• Monitor the performance of integrated companies post-acquisition and make any necessary adjustments to strategies.

Shared services:

• Standardize processes, harmonize practices, and implement common tools to foster better coordination and collaboration across departments.
• Improve practices and processes to increase operational efficiency, reduce costs, and improve the quality of internal departments.
• Oversee activities related to managing the company’s information technologies, including technical support, office automation, infrastructure management, systems, and cybersecurity;
• Oversee the company’s procurement activities to optimize purchasing, contract management, and supplier negotiation processes.
• Plan and oversee all property management activities for company assets (facilities, maintenance, contract management, etc.).

Education and experience

• Bachelor’s degree in accounting or bachelor’s degree in business administration with a major in professional accounting and a CPA designation.
• Master’s degree in business administration (MBA) an asset.
• Significant corporate finance experience in a CFO position.
• Minimum of 15–20 years of financial management experience in the B2B technology industry.
• Financial services experience an asset.
• Mergers and acquisitions experience.

Skills

• Mastery of accounting principles, financial standards, financial analysis tools, and financial management software (Netsuite).
• Mobilizing leadership, strategic vision, and ability to create value for the company.
• Entrepreneurial and business acumen.
• Ability to communicate effectively, negotiate and influence, and manage relationships with diverse stakeholders.
• Ability to work under pressure and make quick decisions. Results-oriented.
• Rigor, strong analytical skills, and sound judgment.
• Bilingual (English and French).

Why join the Croesussian family?

• À la carte vacations
• Annual salary + Corporate profit-sharing plan
• Hybrid work
• Sports program
• Gym available at our Laval head office Telemedicine + group insurance (super useful for the family
• )
• Group RRSP
• Proximity to Montmorency metro
• Ongoing training and development plan
• Referral bonus
• Indoor and outdoor parking & electric car recharging
• Access to bike sharing
• Croesus boutique
• Beautifully renovated and spacious office
• Complimentary breakfast every morning
• Weekly Happy hours, prepared by our Croesus Life Partner

Are you interested in this challenge? Do you believe you have the qualities and expertise required for this position? Please complete your application today.

Although all applications are carefully analyzed, we will communicate only with those selected. Thank you for your interest in Croesus.