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Financial Director

7 days ago

Mississauga, Ontario, Canada Ontario Cannabis Store Full time

**About Us**

The Ontario Cannabis Store is a pioneering organization in the cannabis industry, providing safe and responsible access to recreational cannabis for adults. We operate as the sole legal online store for recreational cannabis in Ontario and are the provincial wholesaler of cannabis for private retail stores.

We're a dynamic team passionate about delivering exceptional customer experiences, working collaboratively with mutual respect, and fostering value through diversity. Our inclusive culture ensures that every voice is heard, leading to outstanding results.

About the Role

We're seeking an experienced Senior Manager, Finance to join our team. The ideal candidate will direct complex finance activities, ensuring timely and accurate processing and recording of transactions according to International Financial Reporting Standards (IFRS) and government policies. They will provide strategic direction, lead finance projects, and support other initiatives across the organization, aiming to implement and continuously improve processes.

About Your Day

  • Direct highly complex finance activities and reconciliations.
  • Analyze and interpret financial information, identifying trends, patterns, and events to communicate to leadership.
  • Collaborate with finance leadership to develop finance processes, policies, and procedures.
  • E nsure the integrity and accuracy of all corporate accounting functions and financial information.
  • Oversee the Treasury and Revenue, or Accounts Payable and Inventory functions of the corporation.
  • Control and maintain adherence to Generally Accepted Accounting Principles and IFRS and established procedures, practice, and standards.
  • Manage the reconciliation of General Ledger Accounts, reviewing for accuracy, account balance issues, ageing issues, and taking appropriate action to clear outstanding balances and resolve issues.
  • Ensure that the OCS corporate accounting policies and practices comply with legislated requirements and the requirements of the Office of the Auditor General.
  • Develop and monitor effective finance processes and systems to maintain accounting controls.
  • Prepare department for annual and interim audits (internal/external).
  • Ensure financial compliance with policies and procedures, audit, and accounting disclosure requirement, and applicable legal rules and regulations.
  • Manage the period-end process by ensuring the accuracy and timeliness of journal entries and interfaces.
  • Oversee monthly financial reporting and prepare corporate financial statement package for senior management in compliance with GAAP and established processes, procedures, and policies.
  • Act as a key contact for auditors and ensure relevant information is provided.
  • Maintain and analyze financial issues and develop business recommendations for senior management, internal, and external auditors.
  • Prepare, review, and analyze specialized and/or ad-hoc reports.
  • Identify recurring trends and provide recommendations.
  • Establish and implement short- and long-range organizational goals, objectives, strategic plans, policies, and operating procedures.
  • Identify opportunities and champion major initiatives for continuous improvement in finance processes, increasing accuracy, and quality.
  • Manage ongoing relationships with vendors.
  • Work cross-functionally to support and advise on key growth initiatives, business case development, and financial modeling.
  • Participate in ensuring continuous improvement by identifying and recommending redesigned systems, processes, and procedures to improve efficiency and streamline operational practices.
  • Assist in the development and monitoring of strategic KPIs, by working with other business units to collect, analyze, and interpret internal financial and operational data.