Chief Financial Officer, Avionics Operations

1 week ago

Kelowna, British Columbia, Canada Stonewood Group Inc. Full time
Avionics – Finance Leadership Opportunity

The Stonewood Group Inc. is a specialized supplier of hardware and software for aircraft flight following and communications.

  • We provide complete global capabilities for two-way voice communication between the aircraft and the ground, two-way text messaging between the aircraft and the ground, flight-following using GPS-based position reporting, aircraft tracking and mapping, analysis and reporting of flight following data to help customers manage and streamline their businesses, and capture and transmission of data from other sources (e.g. engine condition monitoring data).

Founded by experienced aviators in 1986, our company brings more than 20 years of experience to the SatCom marketplace. From the beginning, we have been a leader in the commercialization and evolution of satellite-based flight following and communication technology.

Job Description:

This senior finance leadership role is responsible for delivering timely accurate financial reports as well as managing daily financial, human relations, and customer contract activities. The Vice President Finance will be accountable for all accounting, financial and legal control activities, human relations administration, and assume a leadership role in the company.

The successful candidate will be responsible for ensuring that financial controls are in place, managing the accuracy and accumulation of financial information for internal management decision-making by the team and board, and the preparation of requisite bank reporting. Additionally, s/he will lead the development of Company human relations policies and processes and assume responsibility for implementation and administration of such.

Key Responsibilities:
  • Act as the technical expert on accounting issues.
  • Manage an appropriate accounting organization; organize the accounting department's efforts to maximize the utilization of the talent available and to minimize the overall effort required to accomplish the tasks.
  • Assess, oversee and drive improvements in transactional processes including accounts receivable, accounts payable, credit and collections, payroll, the month-end close and engineering and manufacturing reporting to provide a better flow of financial and accounting information.
  • Ensure timely preparation of all financial statements including monthly management reports and variance analyses to support the leaders in decision-making and project management.
  • Monitor all departments' budget performance, identify and communicate variances to those accountable.
  • Develop a Human Resources Policy & Process administration manual; oversee the daily management of human resources administration.
  • Review current legal documentation and establish a plan to improve and streamline the documentation development process and ensure it is aligned with the business plans and processes.

Estimated Salary: $120,000 - $180,000 per year

Requirements:

The ideal candidate should possess a minimum of 10 years of business experience demonstrating progressive increase in responsibilities including the past 5 years in a senior controller and/or financial management position.

A background in companies with engineered hardware and software, manufacturing facilities, ongoing customer service, and B2B selling to a variety of customers beyond North America is highly desirable. An aviation background is an asset.

In a small growing entrepreneurial company, raised the level of sophistication of accounting policies, procedures, and the accounting team's overall skill level and knowledge-base, implementing new accounting systems, integrating back office operations, and developing internal controls.

Competencies:
  • Integrity & Sincerity: Inspires trust and supports others through own authenticity and following up on commitments.
  • Information Seeking: Consults widely for business or technical advice, probes for facts and obtains information from a wide variety of sources.
  • Role Expertise: Demonstrates critical technical or professional knowledge/skills related to the role.
  • Problem Solving: Draws parallels across situations and contexts.
  • People Management: Establishes and communicates clear priorities and sense of direction.

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