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Our customer is a mid-size, profitable and growing, processing business based in the Kitchener/Waterloo area. We have been asked to assist with the processes involved in hiring a senior financial professional business leader to effectively execute the responsibilities of the VP, Finance position.
Due to the continued growth of the business, the President is looking to hire an experienced financial professional business leader to effectively lead and manage the next stage development of the financial and dashboard reporting, product costing, financial & business analysis, financing, forecasting/budgeting and internal control development functions. Successful candidates will have refined skills at effectively leading, managing, coaching and motivating financial professional and related support staff to elevate skills and personal performance to foster continuous improvement.
The VP, Finance position reports directly to the President. The President is an industry experienced executive who plans to mentor and develop the VP, Finance on behalf of the longer term interests of the business.
The salary range for this VP, Finance position is $165,000 to $205,000 plus comprehensive benefits (including annual CPA and training fees cost reimbursement) and an opportunity to earn a performance based bonus (75% based on company and 25% based on personal performance).
If you are or know of a CPA senior financial professional with excellent leadership and management; solid cost accounting, process improvement & implementation, K.P.I./Dashboard reporting, oral and written communication and hands-on financial analysis skills, who is interested in an opportunity to meet the challenges associated with helping a successful business to continue to grow, please arrange for a resume to be sent to firstname.lastname@example.org
e-mail subject line: VP, Finance by February 3, 2015.
The team requires an experienced financial professional and effective people manager and business leader who:
---Has drive and is hard working and resolute in focusing on results, thereby ensuring that accurate financial reporting timelines and analysis outcomes are achieved
---Will actively manage and develop staff so a team culture of strategic excellence is enhanced
---Challenges the status quo in order to achieve a culture dedicated to continuous improvement and best practice
---Encourages people to communicate effectively and through example and expertise creates an even more customer focused team atmosphere
Personally provides a positive and innovative atmosphere and encourages people to achieve the tasks at hand
---Gathers facts and figures, monitors self and others and achieves goals in a timely and factual manner
---Is disciplined in developing organizational systems, procedures, rules (internal controls) and dashboard reporting
---Always remains alert to changing situations, shows flexibility in approach, adaptability in challenging circumstances and continuously strives to achieve positive results
---Maintains a friendly approach and influences and persuades others while improving processes and delivering precise information from which important business decisions are made
---Is honest, customer focused and has a desire to learn
---Genuinely cares for the business to succeed and grow
---Upon arrival, analyze and evaluate existing financial reporting, product costing/cost accounting, Metric/K.P.I. reporting, inventory and internal control processes and begin to assume autonomous responsibility and accountability for the financial functions of the business.
---Within 30-60 days, learn the fundamentals of the company's systems, conclude the diagnosis of current financial structures and procedures and make a concise report which explains improvement priorities. Discuss findings with the President and simultaneously gain perspective regarding how best to implement the agreed upon changes within the business culture.
---After 60 - 90 days, based upon the above mentioned analysis, begin leading the team, as well as hands-on contribute, to streamline financial reporting and product costing/cost accounting and Metric/K.P.I. reporting processes - eliminating any existing duplication, bottlenecks or inefficiencies using the company's system and Microsoft Excel.
---after 90 days, evaluate the overall capital financing structure, start to form positive business relationships with the current lenders and begin to bring new financing options to the table.
---Maintain ongoing communication and information exchange with the primary lenders and meet the reporting requirements of lenders under the lending agreement covenant provisions.
---Under the supervision of the President, perform US currency exchange analysis and actions - always working in the best interests of the business. After approximately 180 days, personally conduct an in depth evaluation of how adding additional/other foreign currency exchange/hedging procedures may contribute positively to the bottom line of the business.
---Within approximate 180 days become the trusted right-hand to the President regarding strategy development - from the financial perspective.
---Actively and effectively lead and supervise the production of the quarterly forecasts and, on an annual basis lead the budget process. (The business is, and wishes to remain, more R.O.I. than budget driven).
---Meet regularly with direct reports and provide coaching and feedback and facilitate personal development and training plans for them.
---Act as the most senior financial professional contact for the outside accounting firm during their annual audit and corporate tax reporting procedures.
---In cooperation with staff, regularly monitor risk management policies and procedures to ensure that risks are minimized and external auditor recommendations are implemented.
---Oversee the management of all leases, contracts and other financial commitments.
---Form and maintain positive business relationships with the President, the Board, staff and suppliers, always acting as a hard working example for the team and behave ethically while maintaining the business' core philosophy. And, work in cooperation with HR and the President to help ensure the continuation of positive employee relations.
---Within, or soon after, approximately 365 days, begin learning more about the business and contributing to senior executive discussions regarding overall business strategy and tactics. And, in cooperation with and under the guidance of the President, begin challenging all areas of the business to meet their commitments and find greater efficiency.
---Other tasks and projects required of an energetic VP, Finance consistently looking to add value while working cooperatively within a positive, team oriented, business environment.
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