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Vice President Finance and Administration

1 month ago

Winnipeg, Canada Atlas Graham Furgale Ltd Full time

**COME JOIN OUR TEAM AT AGF**

We are actively seeking to hire a Vice President Finance and Administration.

Under the direction of the Chief Operating Officer, and in collaboration with the Senior Leadership Team, the VP of Finance and Administration is responsible for all activities related to financial reporting, financial accounting, bugeting, investment management,Inventory costing systems human resources and IT oversight as well as manage the finance and administration team.

***

As the Vice-President Finance and Administration, you will direct the company's financial planning, financial reporting and financial accounting practices as well as manage the corresponding accounting processes and systems of internal control. You will manage the company cash flow and relationships with lending institutions, legal counsel, accountants and insurance brokers. You will also have the responsibility for the billing and collection of all revenues, the payment of salaries, wages, purchases and all expenses, the compliance with tax related matters and the custody of all legal documents.

**RESPONSIBILITIES**

**Systems**
- Manage the design, development and implementation of systems of internal control for all operating systems.
- Manage the design, development and implementation of all the corresponding accounting processes as required to fulfill our fiduciary responsibilities.

**Financial reporting**
- Oversee the company’s financial position and the monthly preparation of internal financial statements and operational reports.
- Oversee and direct the preparation and issuance of the company’s annual external financial statements.
- Oversee the preparation of the year-end working paper file for the annual review and manage the review engagement to ensure completeness, effectiveness and efficiency.

**Financial Accounting**
- Oversee the compilation and preparation of daily accounting records, reports and financial information in management of our accounting systems. Prepares journal entries as required to ensure that all general ledger accounts are properly reconciled daily.
- Oversee the maintenance of the general ledger of accounts as it corresponds to our internal financial reporting requirements.
- Oversee the reconciliation of all banking and bank accounts.

**Budgeting**
- Direct and coordinates the establishment of the annual budgeting process.

**Banking**
- Manage all banking requirements including the management of all documentation related to bank financing, the maintenance of all platforms for managing foreign currency requirements and the maintenance of adequate security to cover our operating line of credit.
- Manage our bank covenants monthly to ensure that our senior management team and our Board of Directors are kept apprised of any changes in the company financial position and / or change in status with the bank.
- Manage the company’s daily cash flow requirements to ensure that we meet our financial commitments including the management of our accounts receivable on an ongoing basis.

**Insurance**
- Manage all insurance related requirements as identified during our annual insurance review.
- Identify all insurable risks to which the company is exposed based on our risk assessment review and ensure appropriate insurance coverage is in place.
- Oversee the management of our relationships with our insurance brokers on an ongoing basis.

**Lega**l
- Manage all legal issues including the management of all communications, correspondence and meetings as required.
- Assume responsibility for the custody of all legal documents and manages the administration all routine legal contracts.
- Manage our relationships with our lawyers on an ongoing basis.

**Authorization for payment**
- Control the signing and issuing of all cheques, ensuring that there are two authorized signatures on all cheques.
- Audit contracts, orders, vouchers, and substantiates individual transactions prior to settlement

**Foreign currency**
- Oversee the maintenance of all foreign currency transactions.
- Manage the securement of all foreign exchange contracts based on our financing requirements.
- Hedge our U.S. dollars financing requirements through the purchase of foreign currency forward contracts as required.

**Strategic Planning**
- Initiate the strategic planning process for the overall company.
- Direct the various departments in the planning process and integrates the departmental budgets into the planning process.
- Formulate the overall strategic plan on behalf of the company.

***Inventory costing / Inventory Valuation**
- Manage the inventory costing system using a weighted average costing basis.
- Manage the design, development and implementation of all cost accounting procedures and reports together with the appropriate data for analytical review.
- Publish, record and communicate all significant cost changes to the senior management team for follow-up and a plan of action.
- Design, develop and implement a s