Director of Finance
2 weeks ago
Founded in 2010 and headquartered in Toronto, Nuvollo Corp has established itself as a leader in delivering secure, high-performance cloud and IT infrastructure solutions to businesses across North America. A fast-growing cloud company focused on managing and operating business critical systems such as Enterprise Resource Planning (ERP) requiring high availability, secure and predictable environments. Nuvollo's commitment to reliability, compliance, and customer-centric service has allowed it to build long-standing relationships with clients in highly regulated industries such as healthcare, finance, and professional services.
As the company continues its strong growth trajectory, Nuvollo is focused on strengthening its leadership team and building the internal capabilities needed to scale. A key priority is enhancing its financial management and strategic planning functions to support continued expansion and investor reporting.
The Role
Reporting directly to the Partner and COO, working closely with the private equity CFO, and managing a team of three (3) strong direct reports, the Director of Finance serves as the company's financial quarterback and is a key member of the leadership team, participating in strategic discussions and supporting all areas of the business.
The ideal candidate will not only build and implement accurate and timely financial reports, tailored KPIs, and actionable insights to drive the business forward, but will also develop best-in-class budgeting and forecasting tools, and lead US and Canadian currencies and consolidation, an exciting opportunity to shape the company's financial reporting capabilities.
Given the recent private equity investment in the company, this role will operate at a slightly faster pace than traditional director of finance positions, providing direct exposure to the private equity CFO and deal team, and offering genuine participation in strategic decision-making.
Who You Are
The successful candidate is a hands-on accounting and finance leader with extensive experience in cross-border financial consolidation and foreign currency translation, Canadian and US GAAP, Canadian and US tax compliance, financial modelling, month end and year end close processes, SaaS revenue recognition standards, usage-based pricing models and a strong track record of building scalable financial processes. You know that financial management starts with getting the basics right – timely, accurate reporting and robust controls – but you also understand that true financial leadership extends to driving strategy, supporting growth, and navigating complex international operations. You are energized by change, resilient in the face of challenges, and skilled at identifying which initiatives will deliver lasting impact.
You will dive into Nuvollo's financial results, lead reporting and work closely with the team to develop KPIs, reporting frameworks, and best-in-class budgeting and forecasting tools. Your experience supporting acquisitions, integration initiatives, pricing and profitability analysis will allow you to contribute meaningfully to strategic growth opportunities as Nuvollo continues to scale.
You believe progress comes from thinking big and executing with discipline – this mindset has driven your success in prior roles. You show up as your authentic self, approaching new challenges with purpose, energy, and enthusiasm, and are motivated by the opportunity to shape Nuvollo's financial future in a dynamic, fast-growing environment.
What You Will Build
Reporting and controls:
using data, you will build actionable insights and enhance our executive team's visibility and decision-making.
- Manage the company's financial accounts.
- Identify, create, and implement financial controls.
- Develop Key Performance Indicators (KPIs) and create management dashboards to allow management to track performance of critical data points.
- Prepare annual budgets and update with actual results throughout the year.
- Prepare stand alone and consolidated monthly and quarterly reporting packages, including year-to-date and LTM performance and projected year-end results.
- Prepare compliance reports and financial packages for lending partners.
- Become the "go-to" leader internally for financial performance data.
Financial accounting and cash management:
as our financial quarterback, you will ensure our accounting is always up to date and our cash position is optimized, balancing growth requirements and opportunistic capital deployment with real-time cash constraints.
- Compile, close, and prepare monthly, quarterly, and annual financial statements (Income Statement, Balance Sheet, Cash Flow), as well as discussion materials presenting key performance trends for management decision-making.
- Verify staff accountants' work to ensure quality of data entry to the general ledger.
- Prepare backup schedules for annual third-party accounting audit procedures.
- Verify weekly bank reconciliations and take necessary actions to proactively manage the company's cash flow.
- Develop cash flow forecasts to manage cash requirements for growth investments.
- Track equipment purchases, improvements, and dispositions, and work with operations teams to optimize capital asset management.
- Manage and oversee working capital accounts, including invoicing and receivables, supplier payments, and prepaid expenses.
M&A and growth support:
as Nuvollo continues to expand, you will strengthen our ability to manage growth and support sales.
- Integrate acquired entities, align chart of accounts, accounting policies and reporting systems.
- Ensure compliance with US and Canadian accounting standards and local regulations in jurisdictions where Nuvollo operates.
- Build scalable reporting processes that allow management to track performance across business entities.
- Partner with leaders to provide financial analysis supporting cross-selling initiatives and margin expansion opportunities.
- Contribute financial integration support for acquisitions in new markets, including cross-border, US and Canadian consolidation and reporting.
Information technology:
while reviewing and assessing processes, you will integrate technology into our financial practices to help Nuvollo become more effective as an organization.
- Ensure integration of ERP and CRM solutions with our accounting systems in collaboration with Snowdon's finance team.
- Identify and implement automation solutions for recurring accounting activities, such as A/P automation, payroll single-point management, and field expense tracking.
High-performing team:
you will lead a strong team of accounting staff.
- Build, foster, coach, and mentor a highly engaged accounting team.
- Create an environment to develop, attract, and retain top talent.
- Introduce best practices and instill a mindset of continuous improvement.
Strategic planning:
as the company's finance leader, you will have the mandate to integrate long-term thinking into Nuvollo's financial management practices, ensuring soundness and scalability are part of our ethos.
- Support the senior leadership team in developing the company's strategic plans.
- Lead long-term financial planning, including forecasting and budgeting.
- Performance management: analyze and make recommendations regarding service lines, staff utilization, operations, volumes, and profitability.
Tax management:
you will maintain our standing with the relevant tax authorities.
- Work with the company's external accountants to prepare and file year-end tax declarations.
- Prepare and file other tax declarations as required.
- Prepare documentation for and provide support during government audits.
Your Profile
- You hold a bachelor's or master's degree in accounting and a Canadian CPA designation, with a minimum of 7 years experience in a similar leadership role.
- You demonstrate a strong understanding of Canadian GAAP/ASPE and US GAAP and have consistently applied superior technical accounting knowledge in prior roles.
- You have strong understanding of SaaS metrics and revenue recognition standards.
- You have experience preparing consolidated financial statements across Canadian and U.S. entities.
- You have a track record integrating acquired businesses and aligning financial systems post-M&A.
- You have a solid track record of identifying, implementing, and optimizing technology, whether through software implementations or process upgrades.
- You possess excellent communication skills with an impactful presentation style.
- You are highly reliable, rigorous, and organized, with exceptional attention to detail.
- You can manage multiple projects simultaneously, adapt quickly to change, and perform well under pressure.
- You are autonomous, resourceful, and creative, with high confidence in your decisions.
- You lead with positivity, inspiring your team and fostering strong relationships with internal and external stakeholders.
- You embrace technology to improve processes and drive automation.
- You genuinely care about your colleagues and consistently strive to do the right thing.
- You are naturally curious, eager to take on challenges, and thrive in dynamic, fast-growing environments.
- You reject "the way we've always done it" mindset and embrace continuous improvement.
Why Nuvollo
- A high-performance environment where you will grow and take your career to the next level.
- An intensely collaborative team and culture, where decision velocity and results are primary markers of success, but where people are at the heart of it all.
- A market-leading mindset where creative solutions are not only encouraged but rewarded.
- Competitive compensation & comprehensive benefits plan.
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