Chief Financial Officer

Description
Chief Financial Officer
Vernon, BC

Role Description
The Chief Financial Officer (CFO) is a key executive leadership position responsible for overseeing and directing the financial activities of Kal Tire. As a strategic partner to the President and executive management team, the CFO plays a pivotal role in shaping the company's future by ensuring financial health, driving business performance, and managing risks. The CFO is charged with providing insightful and trusted counsel to management on both financial and broad-based business issues, contributing to the long-term strategy and success of the organization.

The CFO is directly responsible for Accounting and Finance and for ensuring the development of talent and capabilities of those teams, ensuring there is cultural alignment with the AIMs. This job is international in scope, and oversees accounting and finance for Canada, Latin America, Europe, Africa and Australia.

Responsibilities
Financial Strategy and Planning:

• Develop and implement financial strategies that support the organization's overall objectives and provide a roadmap for sustainable growth. Lead annual budgeting and long-term forecasting processes.
• Champion Change - Effectively communicates and implements change. Builds support of those affected by the change and takes responsibility to ensure that important changes are successfully implemented.

Financial Reporting and Analysis:

• Oversee the preparation, accuracy, and timeliness of all financial statements, business activity reports, and forecasts. Ensure compliance with accounting standards and regulatory requirements.
• Oversees credit management programs for international subsidiaries and customers. This includes developing strategies, policies, controls, financial modeling, and reporting.

Risk Management:

• Identify, assess, and mitigate financial risks to safeguard the company's assets. Implement internal controls and compliance frameworks to minimize exposure to fraud and financial misstatements.

Capital Structure and Funding:

• Manage the organization's capital structure, including debt, equity, and cash flow. Evaluate financing options and maintain relationships with banks, investors, and other financial institutions.

Financial Operations:

• Oversee day-to-day financial operations, including accounts payable/receivable, payroll, treasury, and tax activities. Drive process improvements to enhance efficiency and accuracy.

Strategic Decision Support:

• Serve as a key advisor to the President and executive team, providing financial insight and analysis to inform business decisions, investments, and acquisitions.
• Stays on top of global economic trends in order to maximize financial opportunities related to exchange rates, tax, investments, capital expenditures, insurance, and cost control.

Leadership and Team Development:

• Lead, mentor, and develop a high-performing finance team. Foster a culture of growth, learning, and continuous improvement within the department in Canada and internationally.
• Creates a culture that reflects the Kal Tire AIMS by leading internal initiatives that contribute to career growth, team member engagement, safety, and a positive work environment.

Reporting to the Board:

• Serve as the primary point of contact for our Board of Directors. Communicate financial performance, strategies, and outlook to build trust and confidence.

Regulatory Compliance:

• Ensure compliance with all relevant financial laws, regulations, and reporting standards. Liaise with auditors, regulators, and other external parties as required.

Corporate Development:

• Evaluate and execute mergers, acquisitions, divestitures, and partnerships that align with organizational goals. Lead financial due diligence and integration processes.

Technology and Systems:

• Oversee financial systems and technology, driving automation and digital transformation initiatives to enhance data accuracy, accessibility, and decision-making.

Sustainability and ESG Reporting:

• Drive the integration of environmental, social, and governance (ESG) factors into financial planning and reporting, ensuring transparency and responsibility.

Job Requirements
Work Experience and Education:

• At least 10 years of progressive experience in finance or accounting, with significant leadership responsibilities.
• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Professional accounting designation (e.g., CPA, CA, CMA) is strongly preferred.
• Proven experience in financial planning, analysis, and reporting within a complex organizational structure.
• Demonstrated expertise in risk management, corporate finance, and capital markets.
• Strong understanding of regulatory frameworks and compliance requirements relevant to the business sector.
• Exceptional leadership, team-building, and interpersonal skills, with a track record of developing talent.
• Excellent communication and presentation skills, with the ability to convey complex financial information to diverse audiences.
• High proficiency in financial software, ERP systems, and data analytics tools.
• Experience with mergers and acquisitions, investor relations, and strategic partnerships is highly desirable.
• Commitment to ethical standards, integrity, and transparency in all business dealings.

Knowledge, Skills and Abilities:

• People-focused: Empathetic, trusting, adaptable, and humble
• Strategic: Open-minded, forward-thinking, and insightful
• Action-oriented: Resourceful, decisive, steady, and fearless
• Empower our people: Set expectations, build talent, and foster belonging
• Drive our business: Align to our strategy and drive outcomes through decisions
• Work together: Collaborate across and beyond Kal Tire
• Serve our customers: Understand our customers and innovate to meet their needs

Key Performance Indicators:

• Financial Strategy: Achieving the goals and targets set out for Accounting and Finance, ensuring alignment to the enterprise strategy.
• Team Strategy: Team engagement. Finding and keeping top talent.

Special Requirements:

• Ability to travel, including internationally as required.

What We Offer

• This position offers an annual base salary of $320,000 to $500,000 CAD, as part of a competitive total rewards package that includes variable bonuses and other benefits.
• Extended group health, dental, and vision benefits are available to all eligible full-time and part-time permanent employees.
• Employee Assistance Program
• A group RRSP/DPSP matching program
• Discount on tires and mechanical services
• Positive work culture, opportunities for growth and development, and work-life balance.
• Opportunities for professional development, such as training programs, mentorship, and tuition reimbursement.

To be considered for this position at this time, candidates must be legally eligible to work for any Canadian employer. A Canadian Criminal Record Check will be required as part of the final stages of the hiring process.

Please note:
Kal Tire has engaged an executive search partner for this position and is not seeking assistance from additional recruitment agencies. We kindly request that no unsolicited sales inquiries, resumes, or candidate profiles be sent. Any materials submitted without a prior agreement will be considered the property of Kal Tire, and no fees will be payable in the event of a hire.
Solving our customers' automotive challenges and making a positive impact - It's how we roll, and it's been that way since Tom Foord opened the doors to Kal Tire in 1953 in beautiful Vernon, BC. Over the years, we've become a trusted partner for large and small industries and fleets across Canada. Our customers rely on our expertise, our make-it-happen approach to service, and our lineup of the most trusted tire brands in over 260 retail locations coast to coast. Kal Tire is also the largest truck re-treader in Canada, with 11 retread facilities across Canada and internationally, and has a state-of-the-art tire recycling facility in Chile, where 40% of the weight of scrap tires is recycled to return to mines as an alternative fuel. In addition, Kal Tire's Mining Tire Group is an international leader in mining tire service and supply, servicing more than 150 mine sites across five continents. Kal Tire offers a culture that fosters inclusion and respect. We are committed to providing accessible employment practices in compliance with the AODA and AMA. Accommodation requests can be made at any stage of the recruitment or employment process. Applicants are asked to make their needs/requirements known.