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Vice President of Financial Operations

2 months ago


Old Toronto, Ontario, Canada Porter Airlines Inc. Full time
Job Overview

The Vice President of Financial Operations plays a pivotal role within the finance department, directly reporting to the Vice President of Finance. This position is responsible for producing comprehensive financial reports for the Executive Leadership Team (ELT), Board of Directors, and various stakeholders. Key responsibilities encompass supporting strategic initiatives such as IPO readiness, financial transformation, automation, and the implementation of ERP systems. This role also includes overseeing accounting functions, financial reporting, revenue accounting, and internal controls, necessitating collaboration with the wider Finance team.

Key Responsibilities
  • Compile quarterly financial reporting documents, consolidated financial statements, Management's Discussion and Analysis (MD&A), and materials for the audit committee.
  • Offer expertise on accounting issues, financial systems, controls, and reporting processes.
  • Analyze and interpret new IFRS standards and complex agreements to ensure appropriate accounting treatment.
  • Enhance the quality and timeliness of financial information presented at Audit Committee meetings.
  • Oversee revenue accounting and the internal controls program while advising on accounting standards.
  • Collaborate with finance leadership to refine processes and financial systems.
  • Engage in Porter's Safety Management System (SMS) by reporting hazards and incidents.
Behavioral Competencies
  • Concern for Safety: Recognizing and addressing hazardous situations to maintain a safe environment.
  • Team Collaboration: Working together with others to achieve organizational objectives.
  • Customer Service Orientation: Delivering exceptional service to customers.
  • Proactive Initiative: Actively addressing issues and capitalizing on opportunities.
  • Results Orientation: Committed to achieving high-quality outcomes.
  • Effective Communication: Engaging in open and respectful dialogue.
  • Integrity: Treating others with fairness and honesty.
  • Motivational Leadership: Inspiring others towards excellence.
  • People Development: Supporting others in achieving outstanding results.
  • Change Leadership: Advocating for transformational change within the organization.
Qualifications
  • Bachelor's degree in Finance or Accounting.
  • Required accounting designation (Chartered Professional Accountant).
  • Over 10 years of experience in financial management.
  • Preferred experience in the airline industry or transportation sector.
  • Proven leadership skills to effectively manage teams.
  • Strong technical accounting expertise and knowledge of accounting principles.
  • Ability to attract and retain top talent.
  • Highly organized with exceptional analytical and communication abilities.
  • Proficient in Excel and Enterprise Resource Planning applications.