Finance Manager

1 month ago

Toronto, Canada Riverside Natural Foods Full time

Are you hungry to innovate? To do things differently? To work with a company that’s real, thoughtful and very forward-thinking?

Meet Riverside. We are an organic, “better for you” snack company, manufacturing nutritious, allergen-free snacks. Your kids know us as MadeGood, tasty school-safe snacks. Your buddies on the go grab our GOOD TO GO delicious and nutritious snacks.

At Riverside, we make delicious snacks that are good in every way. From our ingredients to our manufacturing practices, we’ve raised every bar on every aspect. We’re friendly and focused on creating foods that are good for you and good to the planet as well. Riverside Natural Foods is B-Corp certified, Triple-Bottom Line, Zero Waste, and Canadian owned and operated.

Come work with a Canadian leader We value teamwork, humility, respect, ownership, adaptability, grit and fun.

We continue to grow and today are looking for a committed, talented, star to join our team as our Finance Manager– Emerging Brands, Private Label & Pet.

The Opportunity:

As a family owned and led company, Riverside Natural Foods (“Riverside” or the “Company”) has the freedom to pursue our founders’ vision of being a values-based and purpose driven food company that puts people first – our employees, our consumers, our partners, and our communities. Our purpose of “inspiring a healthier and more compassionate world” starts within our four walls and extends well beyond them to include everyone we can positively impact through our products, our business, and our relationships.

Continued rapid growth fueled by our focus on delivering disciplined growth to build a bigger, more capable, more productive, and more responsible business has created the opportunity to invest in a key strategic leadership position of a Finance Manager – Emerging Brands & Private Label (“Finance Manager”). Reporting to the Vice President of Finance, this newest addition to our Riverside finance team will lead our efforts to scale up our emerging business units efficiently and effectively by providing business insights, strategic financial acumen and forward thinking to help build a better business.

Position Summary:

The role acts as a key partner to the Pet, Private Label and Emerging business units, providing strategic financial acumen and forward thinking to help build a better business and to strengthen capabilities. The incumbent will assist the senior management team members of each business unit to identify options and make recommendations for improving the operational efficiency and financial health of their respective businesses. Accounting and process competency, insight, drive, and vision are key attributes for the successful candidate in this role.

The role will evaluate, implement and continuously develop business processes that ensure the long-term stability and scalability for each business unit, to enable the organization to work efficiently in an engaging and integrated environment.

Primary Responsibilities:

Emerging Brands & Private Label

Oversee external reporting of the financial statements to key stakeholders Review monthly results and implement monthly variance reporting of actual vs. budget forecast. And prior period; Manage the month-end process, including setting up workflows and approval flows; Establish guidelines, templates, and controls for the preparation of the AOP; Partner with the VP of Finance to establish KPI’s and benchmarks across each business unit; Oversee and manage a monthly and quarterly forecasting process, including variance analysis and insights; Support process to analyze volume and margins for changes including but not limited to: packs, customers, categories, etc.; Maintain item costing and price lists for all products; Partner with the Commercial Sales team to understand the sales planning process, business targets by market, key customers and reporting requirements; Act as the lead business partner for the S&OP process; Become familiar and efficient with the Company’s BI tools ~ Tableau, SAC-BI, Analysis for Office; Design, train and enforce customer/product master data hierarchies; Develop, monitor, report and influence marketing forecast/actuals vs. AOP;  Month-end support for tracking marketing PO’s and projects; Review/approve the financial governance on innovation launches;

RNF Pet

Oversee external reporting of the financial statements to key stakeholders; Manage and maintain the balance sheet and cash flow forecasting, including responsibility for integrating working capital assumptions, capex and debt continuity schedules;  Manage all bank reporting requirements, including covenant calculations; Review monthly results and implement monthly variance reporting of actual vs. budget forecast. and prior period; Manage the month-end process, including setting up workflows and approval flows Bring finance and accounting support to the functional areas of the business: Procurement, Logistics, Marketing, Sales, Customer Services, etc. Develop working capital strategies to improve our cash conversion cycle  Manage the process for the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate Negotiate and manage the employee insurance and benefits plans Monitor risk management policies and procedures to ensure that program and organizational risks are minimized Together with the VP, Finance (RNF Ltd), negotiate with the Bank for lines of credit or other financial services as required and appropriate Oversee and develop effective currency hedging strategies Oversee the management of all leases, contracts, and other financial commitments Responsible for all government assistance funding and tax programs, including the SR&ED annual claim submissions Participation in leadership training programs (i.e. Riverside U) Partner with subject matter experts, as required

OTHER

Be a key ambassador of the organization’s vision, mission, and overall business strategy; Role model the Company’s core values and culture; inspire and motivate people; continually work to enhance culture; Attend professional development courses to maintain designation in good standing; Participate in regular meetings, complete administrative duties as necessary; TEAM player with a positive attitude; PASSIONATE with a desire to learn and collaborate; Exceptional time management and organizational skills, self-starter with a high level of initiative and ADAPTABILITY; Demonstrates HUMILITY throughout the Company on a daily basis;  Shows a willingness to learn through a curious and questioning mindset; Aptitude to exhibit RESPECT and protect Core Values in a changing environment; Keeps the work atmosphere  FUN by keeping it light and welcoming; All other duties and responsibilities as assigned;

Reporting Relationships:

The Finance Manager reports directly to the Vice President of Finance.

There are no direct reports to the Finance Manager.

About you:

Passionate about finance and people, our Finance Manager will be a change agent that leads Riverside’s levelling up to industry leading practices around forecasting and planning; A purpose driven and values-based leader who has honed your business and people leadership skills with best in class companies and is looking to join a purpose led organization with whom your values align; Highly flexible, creative and energetic, you have an entrepreneurial mindset and can adapt to changing situations in a fast-growing company. You are a ‘hands-on’ manager, able to think strategically while executing business activities with an agile sprint mindset and tight timelines;  You are a creative problem solver and a natural collaborator who can work across different areas of the organization and across markets to align stakeholders for the best business solutions;

Experience

Minimum of 5 years of progressive finance roles working as an analytical though

partner with cross-functional teams at a FMCG;

Extensive experience working with SAP; Prior experience as a Finance Manager ideal but not required Experience in both large established companies and smaller start-ups ideal but not
 required;

Education

Certified accounting designation (CPA);  MBA an asset;

The Fit:

These are thoughts to frame who the ideal candidate would be with respect to who they are, what matters to them and how they may see this opportunity aligning with their goals.

 You:

Live to bring purpose and meaning to work for yourself, and most importantly, for others; Are an ambassador and true believer in the purpose and values of the organization you work with as they are an extension of who you are; Are passionate about leveraging technology to create a better experience for employees and all stakeholders; Thrive in an entrepreneurial environment where ambiguity is an opportunity to create value; Exhibit a mindset of continuous improvement; Believe we can save our planet;

We:

Live for our purpose; Live by our values; Always strive for the mutually beneficial win-win with our stakeholders; Believe in the “and” not “or”; Strive for a net positive impact to our planet;

Key Performance Indicators:

Net Income Before Tax Net Sales growth Cash Conversion Cycle

What We Offer:

Immerse yourself in our comprehensive benefits program, with Riverside taking care of the costs RRSP matching or IRA matching for an empowered financial journey Join Employee-Led Resource Groups (ERGs) championing mental health, sustainability, diversity, women, and LGBTQ+ rights Develop your career further through our Riverside University program and with our Tuition Reimbursement Program An open concept work environment that embodies our Values 

How to Apply:

If you have the commitment to excellence, the energy, the attitude and experience we need, then please submit your resume to careers(AT) with the subject line Finance Manager or click the apply button

Riverside Natural Foods is committed to providing an inclusive and accessible environment for everyone. If you have a disability and require accommodation in the interview process, please let us know when you apply.

We thank all applicants for their interest; however, due to volume, please note that only candidates selected for an interview will be contacted.

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