
Treasury Finance Lead
5 days ago
Rexel Canada Electrical Inc., a leading distributor of electrical supplies and services, is seeking a highly qualified individual to fill the role of Director of Treasury and Tax.
Key Responsibilities:- Treasury Management:
- Develop and implement comprehensive treasury strategies to optimize cash management, liquidity, and funding, ensuring alignment with Group treasury policies and practices.
- Manage relationships with banks and financial institutions to secure financing, negotiate terms, and optimize banking services, including credit facilities and cash management solutions.
- Lead the company's securitization program, overseeing the structuring, execution, and ongoing management of securitized assets to enhance liquidity and financial flexibility.
- Design and implement processes for effective cash flow management across business units, oversee banking relationships, and create detailed cash forecasting models to ensure liquidity and provide insights for senior management.
- Analyze and recommend financing strategies, manage the securitization program, and identify financial risks while ensuring compliance with internal controls and regulatory requirements through regular assessments and audits.
- Tax Strategy and Compliance:
- Lead the development and execution of the company's tax strategy, ensuring alignment with overall business objectives and compliance with provincial and federal tax regulations.
- Oversee tax compliance and reporting, ensuring adherence to regulatory requirements and timely submission of tax filings.
- Manage tax audits and litigations, ensuring the company's rights and interests are properly asserted and defended.
- Identify and implement tax planning opportunities to minimize tax liabilities and enhance cash flow, while staying current on tax legislation and regulatory changes.
- Mergers and Acquisitions:
- Lead the structuring and financing of M&A transactions, ensuring alignment with the company's strategic objectives and financial goals.
- Insurance Management:
- Oversee the company's insurance programs, ensuring adequate coverage for all business operations and compliance with regulatory requirements and Group policies.
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field; an MBA or advanced degree is preferred.
- CPA, CFA, or equivalent professional certification is highly desirable.
- A minimum of 20 years of experience in treasury and tax management, with a proven track record in a senior leadership role.
- Strong knowledge of financial markets, cash management, tax regulations, and compliance requirements.
- Exceptional analytical, strategic thinking, and communication skills.
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