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Head of Finance

3 months ago


Toronto, Canada The Portfolio Group Full time

Location: Toronto, Canada – FT in office – Downtown Toronto

Responsibilities:

  1. Leadership in Finance Management:
  • Lead all financial functions, including managing relationships with key stakeholders in Canada and the UK.
  • Foster a positive and inspiring work environment, coaching and guiding team members to achieve growth, accountability, and business advancement.
  • Proactively drive process enhancements and efficiencies across Finance and other areas
  1. Strategic Financial Advisory:
  • Serve as a dedicated Finance Business Partner, serving as the primary resource for financial and reporting matters.
  • Offer strategic advice on sales optimization to enhance profitability and operational effectiveness.
  1. Communication and Reporting:
  • Deliver regular updates to Executive Management in monthly meetings, ensuring clear communication and alignment with organizational objectives.
  • Take full ownership of reporting, budgeting, and forecasting activities, ensuring alignment with UK reporting standards and quarterly reforecasting needs.
  1. Stakeholder Relations:
  • Cultivate and strengthen relationships between the Toronto and UK offices, facilitating effective communication and collaboration to drive shared success.
  1. Team Development and Management:
  • Mentor and develop the finance team, ensuring the delivery of accurate financial outcomes and processes.
  • Lead and manage a dedicated local finance team, ensuring the achievement of deliverables, KPIs, and performance targets.
  1. Compliance and Financial Operations Oversight:
  • Oversee all aspects of the tax function, including tax returns, PST, GST/HST, and corporate tax obligations, leveraging intermediate tax expertise.
  • Lead annual budgeting and quarterly reforecasting processes to support strategic financial planning.
  • Manage the annual audit process and ensure the timely generation of accurate statutory filings.
  • Assume full responsibility for all financial accounting functions, including month-end reporting, semi-monthly payroll processing, weekly accounts payable processing, and weekly cashflow forecasting.

Desirable Skills and Experience :

  • Proficiency in B2B environments
  • Familiarity with software/SAAS industry
  • Demonstrated leadership in team management
  • Experience in CA/UK business environments
  • Ceridian Dayforce payroll process experience
  • Commercial analysis mindset
  • At least 7+ years of experience as a Financial Controller, Finance Manager, Head of Finance

Perks and Benefits:

  • Three weeks of vacation, with additional vacation days increasing after two and five years of service
  • Birthday day off
  • RRSP matching program
  • Enhanced health and dental benefits