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  • Toronto, Ontario, Canada Lumine Group Inc Full time

    About the Role:Lumine Group Inc is seeking a highly skilled Deputy Vice President of Finance to join our finance team. As a key member of our leadership team, you will be responsible for managing the Controllership, FP&A, Integrations, and Financial Systems functions.Key Responsibilities:Oversee completion of all consolidated financial reporting, including...

Deputy Vice President of Finance

2 months ago


Toronto, Ontario, Canada Lumine Group Full time

About the Role:

Lumine Group, a publicly traded company on the TSX Venture Exchange, is seeking a highly experienced Deputy Vice President of Finance to join its growing finance team. As a key member of the leadership team, you will be responsible for managing the Controllership, Financial Planning and Analysis, Integrations, and Financial Systems functions.

Key Responsibilities:

  • Oversee the completion of all consolidated financial reporting, including publicly listed financial statements and Management's Discussion and Analysis (MD&A), as well as internal financial reporting to the parent company.
  • Work with portfolio companies' finance teams to improve efficiencies related to the financial close process, including identifying opportunities for automation.
  • Own the risk management framework and internal controls environment, including performing periodic internal audits to enforce adherence to financial policies.
  • Manage external auditors and ensure timely completion of quarterly reviews and annual external audits.
  • Ensure compliance with accounting standards, regulatory requirements, and tax obligations, including oversight of payroll processing and reporting.
  • Ensure completion of monthly and quarterly deliverables such as quarterly budgets, forecast to actual variance analyses, Internal Rate of Return (IRR), attrition analysis, organic growth, cash flow forecasting, and more.
  • Review quarterly results presentations and present to the Vice President of Finance and CEO. Provide transparent and meaningful observations on results and outliers.
  • Recommend and lead efforts to improve Return on Invested Capital (ROIC), working capital, organic growth, and other key performance indicators, including performing new and ad-hoc analyses to investigate results.
  • Manage cash flow forecasting and ensure cash is efficiently utilized across all businesses.
  • Manage Lumine head office budget and work with various teams to develop accurate forecasts.
  • Ensure compliance with debt covenants and accurate and timely reporting to lenders.
  • Oversee financial integration of new acquisitions, including purchase price allocations, accounting policy review and alignment, rollout of reporting requirements and governance standards, creation of new bottoms-up forecasts, and more.
  • Responsible for ensuring opening balance sheet accounting is complete and accurate.
  • Ensure all post-acquisition timelines and submissions to sellers are monitored and adhered to.
  • Oversee and manage the implementation of NetSuite across all businesses, including participating in the steering committee and ensuring the deployment is effective and efficient.
  • Keep current with the latest finance systems industry developments and innovations that impact the organization such as automation of processes, available integrations, etc.
  • Ensure that data integrity, internal controls, and audit trails are maintained within all systems.
  • Conduct situational assessments, identify gaps, make recommendations, and direct the implementations of such changes as required to improve finance systems and related processes.

Requirements:

  • Accounting designation (CPA or equivalent) required.
  • 15 years of experience with a track record of progressive executive leadership.
  • Experience working in a global business with multiple currencies and time zones an asset.
  • Public Company experience is a must, either within public accounting or in-house.
  • Software industry experience an asset.
  • Strong understanding of financial principles, systems, regulations, and best practices.
  • Effective leadership and communication skills, with the ability to collaborate cross-functionally and influence decision-making.
  • Ability to manage a demanding work schedule and manage time effectively to meet deadlines.
  • Can work well independently with limited supervision, as well as in a team environment.
  • Attention to detail and strong analytical skills.
  • A true problem solver, who thrives on using curiosity and pragmatism to propose solutions.
  • Self-driven and motivated with a passion for learning.