Strategic Finance Director

2 days ago

Toronto, Ontario, Canada Stonewood Group Inc. Full time
Electronics Manufacturing Finance Director Role

We are seeking a highly skilled Strategic Finance Director to join our Stonewood Group Inc. team in Toronto.

About the Company

Stonewood Group Inc. is a renowned designer and manufacturer of electronic systems and subsystems for sale to OEMs worldwide. Our company has earned a global reputation for delivering reliable, cost-effective solutions and providing exceptional customer service on a global scale.

Functional Responsibilities

  • Develop and implement corporate goals, objectives, policies, standards, and internal controls.
  • Provide professional assistance to management on budgets and related matters.
  • Prepare long-range revenue projections and expenditure forecasts.
  • Report financial plans and results to senior management with weekly/monthly financial statements.
  • Conduct audits to ensure the effectiveness and efficiency of internal control systems and link them to financial reporting.
  • Lead, guide, and mentor finance staff to drive organizational success.
  • Act as the primary financial interface with banking institutions and other external stakeholders regarding the company's finances and operations.
  • Serve as a champion for operational excellence.
  • Examine functional areas such as finance, procurement, scheduling, engineering, production, sales, and conduct special reviews to identify potential inefficiencies and achieve long-term performance improvement.

Key Performance Deliverables

In light of the identified responsibilities, the successful candidate will be expected to achieve specific deliverables prior to joining the organization. Specific performance measures will be agreed upon with the successful candidate before their commencement.

Competency Profile

The following competencies define the role of a Strategic Finance Director at Stonewood Group Inc.

Role Expertise

Demonstrate critical technical or professional knowledge/skills related to the role and expand expertise to stay up-to-date in the field.

Planning & Objective Setting

Approach work systematically, set realistic time-scales, and build checkpoints, milestones, and controls to ensure desired results.

People Management

Establish clear priorities, communicate direction effectively, and adapt management style to achieve optimum results.

Quality Orientation

Pursue excellence in products, processes, and services through continuous evaluation, enhancement, and redefinition of quality standards.

Problem Solving

Draw parallels across situations and contexts to drive informed decision-making.

Preferred Experience / Education

The following qualifications are important for the successful achievement of the identified responsibilities and performance deliverables:

  • Bachelor's degree in finance, commerce, or administration with CA or equivalent designation.
  • Excellent knowledge of manufacturing and accounting computer application systems to supply accurate and comprehensive financial information.
  • Familiarity with factories and scheduling (routing, standard times) to drive efficient operations.
  • More than 5-8 years of progressive experience in financial management in a manufacturing environment with increasing responsibilities.
  • Experience with international accounting, taxes, contracts.
  • Ability to put value creation into perspective and understand what drives business success.
  • Experience with lean manufacturing and cost accounting.
  • Experience in strategic planning and executions.
  • Experience in risk management with contingency plan development.
  • Knowledge of federal and provincial financial regulations.

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

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