Vp Finance and Systems
1 week ago
**JOIN A GROWING COMPANY IN THIS EXCITING SR LEVEL POSITION**
VP Finance & Systems - Potential to evolve to CFO
**About La Rocca Creative Cakes**
We are passionate about making simply the best cakes Our roots go back to 1960s Naples, Italy where our family's passion for the art of baking and enjoying great food inspired us to create the bakery we have today. In 1986, La Rocca Bakery opened its doors in a suburb of Toronto, Canada. Today, the tradition of offering classic, memorable recipes lives on as we continue to innovate with new and exciting flavors. Our cakes are now available in thousands of grocery, food service, and fine food distributors across North America.
La Rocca is currently in growth mode and this position is a key member of our executive team to ensure the foundation is set for rapid growth across the organization. While overseeing and performing duties for the day to day there will be a focused and disciplined approach to incorporate anticipated growth and financial planning to support the growth. The ability to juggle many competing priorities while supporting the daily functions and any future growth at the same time is crucial.
**Role purpose**:
This is an exciting opportunity for a Senior Finance, Accounting and Systems Leader to take the next meaningful step in their career.
The VP, Finance & Systems is responsible for the directing, leading, and driving the strategy and operations for the Finance, Technology, and Administration functions. The incumbent oversees the financial results and provides reliable financial reporting to support decisions impacting the performance of the organization. The VP Finance and Systems will manage all aspects of the people, processes, and practices within their function with the goal of delivering best-in-class efficiencies and service to the business.
Working closely with the Executive team and President, you will oversee the day to day finance, the longer term financial planning, and the detailed financial strategic work.
Direct the financial affairs of the organization including preparation of monthly financial statements, supporting schedules, plans, forecasts and policies. Responsible for the conduct of relationships with lending institutions, external accountants and the maintenance of fiscal records. The VP Finance & Systems will monitor, measure and report on the implementation of the strategic business plan using an aligned set of KPI’s consistent with the strategic plan.
These accountabilities also include managing a broad range of major capital projects, potential M&A due diligence transactions and providing the business with sufficient financial analysis to justify each investment.
This position has the final responsibility for providing effective financial controls for the organization while in a rapid growth phase.
**Responsibilities will include**:
Leadership & Strategy
- As a member of the Executive team, participates in the leadership of the overall business of the Company
- Works closely with the President, and Executive team in the development and implementation of a strategic plan that establishes goals, identifies key strategic issues, and sets objectives and plans.
- Supports decision-making by providing financial and operational analysis in a comprehensive and timely manner. Keeps the leadership team in touch with all emerging trends and opportunities, manages the business planning process and prepares the corporate business plans in order to take advantage of all strategic opportunities identified.
Management of Performance and Organization
- Recommends to the President an effective structure for the Finance and IT team that reflects the company’s needs for services and information.
- Works with the President, Vice President and the Executive team on the development of key performance indicators to support best-in-class financial and operational efficiencies.
Policies, Processes, Procedures, Plans & Budgets
- Responsible for developing the internal control systems and associated policies, necessary to ensure effective management of the business and the accuracy and quality of information with special focus on pricing, inventory and cost of goods sold. Promotes sound financial management practices by understanding and developing best practice internal financial controls and reporting policies and procedures.
- Working with the President and Executive team, oversees the timely preparation of annual operating and capital budgets as well as the updated standard cost system, which reflect the objectives, plans, and priorities of the Company.
- Ensures that the annual operating and capital budgets reflect the objectives, plans, and priorities established in the strategic and annual business plans. Capital budgets and periodic status reports must include detailed ROI analysis to justify and prioritize major manufacturing expansion opportunities.
Cash Management, Financial Reporting/Analysis and Costing Systems
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