Chief Financial Officer

3 weeks ago

Ottawa, Ontario, Canada AutoShack Full time
Job Title: Chief Financial Officer (CFO)

Location: Onsite – Ottawa, Ontario

Reports To: Company President

Company Overview: AutoShack is a leading automotive parts retailer committed to delivering high-quality products and exceptional customer service. With a strong presence in both retail and e-commerce sectors, we are poised for significant growth and seek a seasoned financial leader to drive our strategic initiatives.

Position Overview: We are seeking a dynamic and experienced Chief Financial Officer (CFO) with a proven track record in both e-commerce and retail. The ideal candidate will possess extensive financial management experience, strategic acumen, and a hands-on approach to leadership. This role demands a deep understanding of the unique challenges and opportunities within the online retail sector, including financial planning, accounting, budgeting, and risk management.

Key Responsibilities:

Strategic Financial Leadership

- Develop and implement financial strategies to support AutoShack's retail expansion and online sales growth.
- Oversee financial planning, budgeting, forecasting, and analysis to achieve profitability targets and support business objectives.
- Provide guidance on mergers, acquisitions, and business development opportunities, ensuring alignment with the company's strategic goals.

Retail and E-Commerce Expansion

- Lead financial strategies for opening and managing up to 50 new retail locations, including site selection, cost analysis, and ROI evaluations.
- Partner with operational teams to optimize retail operations, ensuring financial sustainability.
- Drive growth in the online B2C sales division, focusing on customer experience, operational efficiency, and profitability.

Capital Management and Fundraising

- Manage capital structure, including securing debt and equity financing to fund expansion initiatives.
- Build and maintain strong relationships with investors, banks, and financial institutions.
- Ensure optimal utilization of financial resources to achieve long-term growth objectives.

Financial Reporting and Compliance

- Oversee the preparation and presentation of accurate and timely financial statements and reports in compliance with GAAP and other regulatory standards.
- Ensure compliance with tax regulations, audit requirements, and financial reporting standards.
- Lead internal and external audits to maintain accountability and transparency.

Operational Finance and Systems

- Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll, and financial controls.
- Develop and implement financial policies, procedures, and internal controls to enhance operational efficiency.
- Evaluate and optimize budgeting processes to align with financial targets and company goals.

Leadership and Team Management

- Build, mentor, and lead a high-performing finance team, fostering a culture of excellence and accountability.
- Collaborate with the executive team to drive overall business performance and strategic decision-making.
- Act as a trusted advisor to the Company President on financial matters, providing insights to support long-term growth.

Qualifications:

Education:

- Bachelor's Degree in Finance, Accounting, or a related field;
- CPA or Counterpart

Experience:

- Minimum of 10 years of progressive financial leadership experience, with at least 5 years in a CFO or equivalent role.
- Extensive experience in both e-commerce and retail is essential.
- Proven track record of leading financial strategies for significant business growth and expansion.

Skills:

- Strong strategic thinking and analytical skills.
- Exceptional leadership and team management abilities.
- Excellent communication and interpersonal skills.
- In-depth knowledge of financial regulations and compliance standards.
- Proficiency in financial management software and advanced Excel skills.

Application Process: Interested candidates are invited to submit their resume and a cover letter detailing their qualifications and experience related to this role.

We thank all applicants for their interest; however, only those selected for an interview will be contacted.

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