Manufacturing – Vice President of Finance – BC

Our client is a mid-sized niche manufacturing business in a growing marketplace. It has established an excellent reputation with clients and has expanded aggressively into the US market. The company was recently acquired by a private equity backed competitor in a friendly takeover. The overall goal is continued, profitable growth through organic sales and acquisitions.

Scope of Position

The Vice President, Finance requires a minimum of five years of hands‑on financial control experience. The successful candidate will be directly responsible for the day‑to‑day management of the Accounting Department (currently 5 people), including preparation of monthly financial statements, weekly flash reporting, cash management/reporting, general accounting and payroll, preparation of the year‑end audit, the budgeting process, and tax‑related activities.

While this is a management role, the successful candidate will welcome being actively involved in daily/routine accounting and analysis functions. Once they have gained a thorough understanding of how existing policies and practices contribute to the company long‑term vision, business and operational goals, their knowledge and experience will enable them to make recommendations regarding improvements to the financial reporting systems, a timely implementation of the company’s ERP system (Syspro), budgeting and accounting procedures and controls. Their knowledge of up‑to‑date accounting technology will benefit the company as it continues to grow into a significant company with a reputation for excellence in its sector.

Functional Tasks

The Vice President of Finance is responsible for a wide range of functions including, but not limited to, those set out below:

- Planning, organizing, directing, controlling, and evaluating the operation of all accounting and finance activities in BC.

- Implementation of the company financial models, KPI’s, policies, systems, and procedures.

- Preparation of the monthly financial statements, summaries, and other cost‑benefit analyses and financial management reports for submission on a timely and regular basis to Senior Management.

- Preparation for the annual audit.

- Maintenance of the integrity of the financial reporting system, and recommendation regarding improvements to internal controls.

- Management of the internal accounting software system to ensure optimal implementation of modules to support user and company needs.

- Oversight of payroll, collections, centralized billing, and centralized file functions.

- Responsibility for recruiting, interviewing and selecting Accounting Department staff as required, in coordination with the HR Department.

- Supervision, mentoring and performance review of Accounting Department staff.

- Other duties as required in a rapidly evolving environment.

This position will initially report directly to the Chief Operating Officer (COO).

Requirements

- A “can‑do” attitude with respect to tackling accounting functions in a hands‑on fashion,

- Strong work ethic and personal integrity.

- A willingness to collaborate as part of an established management team in a privately owned and managed company.

- Initiative and creativity beyond carrying out assigned responsibilities according to previously accepted practices.

- Persistent and result‑oriented with a track record of overachieving.

- Practical and effective problem solver, ability to “think on your feet”.

- Work well under pressure while maintaining a positive attitude.

- Excellent leadership & team‑building skills.

- Proven ability to manage, coach and develop accounting staff.

- Ability to communicate and work with all levels of the organization.

- Strong judgment and decision‑making skills.

- Superior oral and written communication skills.

- Proven ability to organize, prioritize and multi‑task.

- High level of pride in one’s work.

- Excellent interpersonal skills.

- Good sense of humour.

- Punctual and reliable.

Qualifications

- An undergraduate degree in Commerce, Finance, or Accounting from a recognized university.

- A recognized accounting designation (CA or CPA).

- A minimum of 5 years’ proven success in hands‑on financial management.

- In‑depth knowledge of standard Costing Systems and Cost Analysis.

- Knowledge of ERP systems is considered an asset (the company intends to implement the Syspro system as of January 1, 2017).

- Attractive, highly competitive compensation package for the successful candidate

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