Financial Operations Manager

2 weeks ago

Toronto, Ontario, Canada 1-800-GOT-JUNK? Full time

We are seeking an accomplished Financial Operations Manager to lead daily financial operations for BUOY6 and its franchises.

Job Overview

The Financial Operations Manager will manage daily financial operations, report directly to the CEO, and collaborate with a third-party accounting firm. The role includes developing robust financial systems, ensuring accurate reporting, and driving financial performance to support informed decision-making.

Duties and Responsibilities
  • Budget Management & Financial Planning:
    • Develop and manage budgets and P&L statements for BUOY6 and franchises.
    • Analyze financial performance and identify improvement opportunities.
    • Deliver consolidated P&L statements monthly and maintain a standardized chart of accounts.
  • Cash Management:
    • Monitor bank balances and manage intercompany transfers.
    • Implement control systems to streamline cash reporting.
  • Financial Reporting:
    • Prepare and deliver financial scorecards, balance sheets, and monthly reports.
  • System and Process Improvement:
    • Establish an expense management system and standardize reporting.
    • Collaborate on franchise administration and oversee payroll processes.
  • Revenue Planning and Forecasting:
    • Develop and maintain BUOY6's fee structure and conduct revenue forecasting.
  • Performance Expectations:
    • Accurate & Timely Reporting: Deliver all financial reports with accuracy and punctuality.
    • Cash Management: Ensure effective cash flow, owner distributions, and management fees.
    • Process Improvement: Standardize expense reporting to drive efficiency.
    • Budget & Revenue Management: Oversee annual budgets and maintain reliable revenue forecasts.
Requirements
  • Education: Chartered Accountant (CA) or Certified Public Accountant (CPA) preferred.
  • Experience: Minimum 3 years in financial management, preferably with executive reporting experience, multi-currency business exposure, and an entrepreneurial mindset.
  • Entrepreneurial Mindset: Self-motivated problem solver with the ability to identify opportunities and drive innovative solutions.
  • Analytical Thinking: Strong analytical skills to assess complex financial data, identify trends, and provide actionable insights.
  • Adaptability and Agility: Ability to thrive in a dynamic, fast-paced environment, adjusting priorities and strategies as needed.
  • Team Leadership and Collaboration: Proven capability to lead cross-functional teams and work collaboratively with various departments to achieve financial goals.
  • Executive Reporting Experience: Experience preparing and presenting financial reports to executive leadership.
  • Multi-Currency Business Acumen: Familiarity with managing financial operations in a multi-currency environment.
  • Technology Proficiency: Knowledge of financial software and tools, with a willingness to leverage technology to streamline processes and improve efficiency.
  • Ability to work effectively under pressure, meet deadlines, and maintain a high level of accuracy.
About Us

BUOY6 is a Toronto-based business management company with a large portfolio of 1-800-GOT-JUNK? franchises across North America. We are driven to find the best candidate who can continue to move our company forward.

Why Work with Us?
  • Competitive salary: $90,000 - $120,000 per year, based on experience.
  • Opportunity for growth and professional development.
  • A collaborative and dynamic work environment.
  • Commitment to work-life balance and employee wellness.

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