Chief Financial Officer

2 days ago

Richmond Hill, Canada SYMTECH INNOVATIONS Full time

Symtech is seeking an experienced and strategic **Chief Financial Officer (CFO)** to lead the company’s financial operations and support its long-term growth strategy. The primary objective of this role is to ensure the continuity and optimization of financial processes while mentoring current members of the accounting department. The CFO will report into the President & CEO and be responsible for managing all aspects of Symtech’s financial management, including business planning, budgeting, forecasting, financial reporting, risk management, and ensuring compliance with both local (Ontario) and international regulations. This individual will partner with the executive management team to drive financial performance and operational efficiency, with a key focus on profitability, sustainable growth, and financial stability.

The CFO will be expected to provide leadership to the operations and accounting teams, establish and maintain strong relationships with investors and external stakeholders, and ensure that Symtech’s financial activities comply with all applicable laws and regulations, including Canadian and U.S. tax laws, labor standards, and industry-specific guidelines.

**ESSENTIAL DUTIES AND RESPONSIBILITIES**:
**Financial Leadership & Strategy**:
Ø Lead the planning, direction, and coordination of all financial functions within Symtech.

Ø Provide strategic financial advice to the CEO, President, and executive team to inform long-term business decisions and company direction.

Ø Drive financial planning, budgeting, and forecasting processes to align financial goals with organizational strategy.

Ø Analyze and manage risks associated with financial performance, investments, and liquidity.

Ø Ensure the organization’s financial strategies support sustainable growth and long-term profitability.

**Team Leadership & Development**:
Ø Provide leadership, direction, and management to the finance and accounting team, ensuring a collaborative and high-performance environment.

Ø Oversee recruitment, training, and retention of skilled finance personnel.

Ø Develop and implement policies, procedures, and best practices to strengthen financial operations and internal controls.

**Financial Reporting & Compliance**:
Ø Oversee the preparation and management of accurate, timely financial statements and reports.

Ø Ensure compliance with local (Ontario) and international financial reporting standards, including **U.S. GAAP**, and **Canadian Accounting Standards for Private Enterprises (ASPE)**.

Ø Ensure compliance with Canadian tax regulations, including **Canada Revenue Agency (CRA)** reporting requirements and provincial **Ontario tax laws**.

Ø Manage the company’s tax planning and compliance processes to minimize tax liabilities and ensure regulatory compliance with **GST/HST** and other Canadian taxes.

Ø Oversee external audits and ensure financial reporting aligns with the standards set by auditors and regulators.

**Investor & Stakeholder Relations**:
Ø Maintain and develop relationships with investors, external partners, and key stakeholders.

Ø Ensure compliance with investor relations, partnership agreements, and regulatory requirements.

Ø Collaborate with senior leadership to assess and manage capital structure and fundraising strategies.

**Risk Management & Financial Strategy**:
Ø Perform comprehensive risk assessments of the company’s financial liabilities, investments, and cash flow.

Ø Develop and execute strategies for mitigating financial, operational, and compliance risks, with a focus on long-term financial stability.

Ø Oversee the company’s internal controls, fraud prevention strategies, and risk management frameworks.

Ø Make informed investment decisions and manage liquidity risks to protect the company’s financial health.

**Regulatory Compliance & Legal Oversight**:
Ø Ensure compliance with all **Ontario Labor Laws** and the **Employment Standards Act (ESA)**, particularly for unionized workforces and related financial matters.

Ø Lead the company’s approach to **Environmental, Social, and Governance (ESG)** reporting and sustainability initiatives.

Ø Manage regulatory requirements related to **PIPEDA** and data privacy laws, ensuring that financial data and personal information are protected.

**Operational Efficiency & Performance Monitoring**:
Ø Analyze and optimize financial systems, accounting software, and processes to ensure efficiency and scalability.

Ø Establish and monitor performance metrics aligned with the company’s business objectives.

Ø Lead initiatives to improve operational performance, identify opportunities for cost reduction, and ensure capital efficiency.

**Strategic Business Partnership & Decision Support**:
Ø Provide detailed financial analysis and insights to guide key business decisions and inform senior management.

Ø Lead the development and implementation of the company’s budgeting process, ensuring alignment

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