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Vice President of Finance and Operations
3 months ago
Position Overview
Company Overview
Stonewood Group Inc. is a prominent distributor based in Kingston, Ontario, specializing in a diverse array of innovative and dependable products tailored for contractors, governmental bodies, industrial enterprises, institutions, and commercial clients. The organization prides itself on delivering exceptional personal service at a community level, supported by a network of locations that offer deep local market insights through a team of experienced and well-trained professionals dedicated to surpassing client expectations.
Recognized consistently as one of Canada's Best Managed Companies, Stonewood Group Inc. has garnered multiple accolades for business excellence and community involvement, reflecting its commitment to giving back to the communities it serves.
With a focus on sustainable growth, the company operates profitably and maintains a debt-free status, underpinned by a stable and committed ownership structure.
Role Summary
The VP of Finance and Operations will play a pivotal role during a strategic leadership transition, necessitated by the retirement of a key executive. While the organization has established robust systems and processes that have facilitated its success, the upcoming growth initiatives will challenge its capacity to adapt and scale effectively. The VP will be tasked with ensuring that the company's systems, processes, and operations are aligned with its growth objectives.
Reporting directly to the President, the VP will oversee both strategic and daily financial operations, providing leadership to the finance team. This role will also encompass oversight of human resources, IT, supply chain, and other operational functions critical to the organization's success. The VP will engage collaboratively to enhance policies and practices that align with the company's overarching goals.
Key Responsibilities
- Direct and manage operational priorities, goals, policies, and initiatives in line with the strategic direction set by the President.
- Contribute to the development of policies that support corporate growth and enhance organizational processes.
- Implement strategies that promote excellence across finance and operations, utilizing best practices, technology, and team collaboration to meet and exceed customer expectations.
- Actively participate as a committed member of the Management Team in shaping and executing the corporate vision and objectives.
- Apply efficient operational knowledge to maintain profitable daily business functions that meet or exceed service delivery expectations.
- Ensure timely achievement of operational milestones with a focus on quality and alignment with established objectives.
- Develop and maintain an effective organizational structure that optimizes financial and operational resources.
- Foster strong relationships across all company areas and with external partners to achieve corporate goals and revenue targets.
- Encourage a culture of innovation and high productivity within the organization.
- Lead and mentor a customer-focused team, supporting their professional growth and career development.
- Instill a culture of empowerment and accountability.
- Monitor and report on financial and organizational performance metrics.
- Promote a customer service-oriented mindset throughout the organization.
- Manage supplier relationships and purchasing to maintain optimal inventory levels that meet customer needs.
- Collaborate with sales leadership on demand planning and forecasting.
- Recruit and develop high-performing individuals to support the company's growth.
- Stay informed about competitive offerings and market strategies to optimize the company's positioning.
Performance Metrics
The role is designed to achieve specific deliverables, including:
- Alignment of product offerings with market demands.
- Achievement of financial targets through effective management of costs and revenue growth.
- Implementation of best-in-class operational practices.
- Enhancement of team effectiveness and morale.
Qualifications
The ideal candidate will possess:
- A minimum of 10 years of experience in finance leadership roles, with a strong background in operations management.
- Experience with continuous improvement methodologies such as Six Sigma or Lean.
- A proven track record of exceeding performance expectations in previous roles.
- Strong financial acumen and business insight gained from scaling organizations.
- Excellent communication and team-building skills.
- A professional demeanor with the ability to navigate challenges tactfully.
