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Head of Financial Operations
2 months ago
Corporate Recruiters Ltd. is representing a dynamic and expanding organization in the Life Sciences & HealthTech sector. We are on the lookout for a Head of Financial Operations to become an integral part of our finance team. This position is pivotal in overseeing the accounting division, ensuring the accuracy and reliability of financial systems and accounting practices. The finance team operates under a hybrid-fully remote model.
Key Responsibilities:
- Oversee comprehensive accounting functions for both Canadian and U.S. entities, including accounts payable, billing, collections, payroll, and reconciliations.
- Ensure compliance with company policies, internal controls, and U.S. GAAP standards.
- Conduct thorough accounting analyses to assess the implications of significant transactions and corporate strategies on accounting practices.
- Prepare for commercial operations by developing accounting procedures related to inventory, revenue, and other pertinent areas.
- Lead the finance team in an ERP implementation project, acting as the functional project lead.
- Collaborate with internal and external teams to achieve project milestones, integrating data from various business functions and third-party sources.
- Drive the enhancement and ongoing development of accounting systems, scalable processes, and procedures, ensuring compliance with SOX requirements.
- Supervise month-end and quarter-end closing processes, supporting quarterly reviews and annual financial audits.
- Manage the preparation and review of month-end and quarter-end working papers, ensuring accuracy and timeliness in external financial reporting.
- Mentor and guide a team of finance professionals, fostering their development and providing support.
- Collaborate with key internal stakeholders to provide financial insights for informed decision-making.
- Oversee daily treasury operations, monitoring cash flow forecasts and supporting treasury-related activities.
- Review and supervise the preparation of compliance reports, including statutory filings and annual tax forms.
- Recruit, lead, and evaluate direct reports, adhering to the company's Human Resource policies.
- Ensure adherence to company policies, including the Code of Business Conduct and Ethics.
- Perform additional duties as assigned.
Qualifications:
- A professional designation (CPA or equivalent) and experience in a public company are essential.
- A minimum of 10 years of relevant accounting experience, with at least 5 years in a managerial role.
- Experience in the biopharmaceutical sector is advantageous.
- Strong understanding of U.S. GAAP and SOX requirements.
- Proficient with financial tools and ERP systems, with a proven track record in ERP implementations and system enhancements.
For further information, please reach out to our team.
* Please note that this job description was generated with the assistance of AI tools, and we welcome any concerns regarding originality.
