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VP of Finance

4 months ago

Burnaby, Canada Greenlight Innovation Full time
The Opportunity Are you a strong, business-oriented, operationally focused finance leader – ideally from a B2B industrial tech environment –  who enjoys partnering across the business to contribute to growth strategies, profitability, and positive impact?  Are you keen to contribute your expertise to our much-needed journey to a clean economy and ecosystem?  With approximately 300 team members and sophisticated customers around the world, Greenlight Innovation is a well-established, privately-owned global leader in testing equipment for specific clean energy technologies.  To help Greenlight prepare for a new phase of impact, growth, and governance, we are now seeking a business-oriented VP, Finance  to become a key member of the senior leadership team, and report directly to the Managing Director.  In this role, you will lead the finance function of a high growth, clean technology company, which brings a rare combination of fully commercialized, proven technology with a solid and growing global customer base – coupled with a strong sense of purpose and camaraderie.  About Greenlight InnovationBased in Metro Vancouver (Burnaby) BC, Greenlight Innovation (www.greenlightinnovation.com) is an established and successful industrial tech company,  and a key contributor to the development of our clean energy future. Customers around the world use their specialized equipment to develop and build the next generation of fuel cells and electrolyzers; they are in fact the largest supplier of electrochemical cell testing equipment in the world.  Greenlight’ s global customer base is an impressive list of automotive companies, tier-1 suppliers, chemical and fuel cell companies, as well as government labs and research organizations.   Established in 2008, with around 300 staff and two manufacturing facilities, Greenlight is an affiliate company of AVL Gmbh.  Privately owned and based in Austria, AVL is one of the world’s leading companies in mobility technologies and testing for the transportation sector.  

Responsibilities  Overview:  Lead the finance function and team, while contributing to the business as a key member of the senior leadership team.  Oversee financial reporting, analysis, and leadership to support business decision making.  Develop financial policies, systems, and procedures. Proactively work with senior management team to support quality, profitability, growth, and cost optimization.  Specific areas of ownership include:  §  Leadership: lead and develop an experienced and collaborative finance team, monitoring all financial affairs of the company, which include, budgeting, audit, taxation, planning and analysis, capital investment, treasury, risk management, credit, and collections.§  Financial operations and reporting:  oversight of the processes, and tools to ensure seamless financial operations and reporting to support the business: develop and support control mechanisms to ensure revenue recognition and reporting under IFRS standards;  oversee reporting requirements to AVL GmbH,  the privately-owned Austrian parent company. §  Financial planning & analysis : collaboratively lead the annual and quarterly planning & budgeting process; lead operational and capital budgeting.§  Taxation & regulatory:oversee corporate tax and SRED claims filing; ensure compliance with local and foreign tax laws and financial regulations. §  Treasury:  plan and manage cash and working capital levels;  oversee the foreign exchange heading strategy. §  Stakeholder Engagement & Negotiation:  Build and maintain effective working relationships with internal and external stakeholders – including Board members, the Greenlight executive team, finance leaders/colleagues in AVL, as well as audit, insurance, banking, and technology providers. Negotiate & manage bank and/or third-party financing packages.  Work with supply chain to manage and negotiate financial terms of key suppliers. §  Strategy: participate with senior management  to develop and execute company strategy and direction.§  Information Technology:  oversee IT function and lead IT team;  participate in implementation of SAP financial module (led by AVL project manager). 

Skills & Experience Checklist  Required to qualify: §  Robust financial leadership experience involving strategic business management, financial planning & analysis, and high-impact decision making. §  Exposure to B2B industry involving global supply chains, cost optimization, and international customers/operations §  Demonstrated management of a finance team (likely 4+) §  Direct experience with IFRS reporting requirements §  Strong overall knowledge of FP&A, treasury, risk management, audit, taxation, financial reporting and controllership.§  CPA designation with likely 10+ years in industry  Preferred but not essential: §  Change management and cost optimization exposure in a high-growth tech environment §  Exposure to in-house or sub-contract manufacturing environments, especially in industrial tech sector §  IT function oversight & ERP implementation (ideally SAP)  Leadership Skills & Style§  Leads with purpose, clarity, and empathy §  Will be a trusted, supportive, and collaborative colleague across the business §  Able to flex between strategy and the details (as needed) §  Strong presentation and communications skills (verbal and written)  Location The VP, Finance role will be based at the Greenlight Innovation HQ in Burnaby, BC.  Greenlight believes in the power of in-person collaboration and team leadership, but is certainly open to discussing and agreeing on a hybrid working arrangement . This is not a remote position, and the VP, Finance will need to live within commuting distance.  CompensationThe anticipated compensation for this position lies in the range of CAD$190 – 240K basic annual salary plus an additional performance bonus.  Positioning within this range will depend on a number of factors including seniority and experience of the incoming VP Finance. 
Benefits package including dental, extended health, Employee and Family Assistance Program and Group RRSP with 3% matching. Your Candidate JourneyGreenlight has entrusted Elaine Grotefeld at Latitude Cleantech Search to help them recruit for this important role. If your skillsets and interests are a match, please contact Elaine directly – either through linkedin or at elaine@cleantechsearch.com - for a confidential conversation or to request a more detailed Opportunity Brief.  §  Elaine and Latitude commit to engaging with you in a respectful and transparent manner throughout this process and to respecting the confidentiality of any documents or information shared.§  Greenlight and Latitude Cleantech Search are committed to ensuring a fair, open, and accessible process and look forward to considering candidates from a diversity of backgrounds and demographics. §  As an organization, Greenlight is diverse, inclusive, and seeks to create an environment where every individual can achieve their potential. They value and celebrate the diversity of their employees, guests – and applicants.  Thank you for considering this impactful and exciting opportunity.