About the Company
Our client is a technologically advanced innovative processor of premium quality aseptic food and beverage products. A contract manufacturer of private label products, our client provides in-house capabilities from product formulation, analytical and sensory testing, nutritional evaluation, packaging and logistics. Located in the Greater Toronto Area, this company boasts the most advanced and cost effective processing facilities in North America.
Owned by one of Canada’s leading private equity investors, our client is a leading supplier to many of North America’s leading brands and retailers.
Scope of the Position
Reporting to the CEO, the Chief Financial Officer is responsible for overseeing all financial and administrative matters of the company and reporting on them in a timely and accurate fashion.
Functional Tasks
The CFO, will act as a business partner to the CEO in providing strong leadership and will ensure planning and continuous improvement of the business. The specific tasks include:
- Contributing to the development and implementation of the Company’s operational plan and strategic business plan with the executive management team.
- Contributing to the overall management of the firm, as part of the senior management team.
- Acting as the business partner for the CEO in providing financial guidance and counsel on all major strategic issues.
- Ensuring accurate reporting on the Company's financials (i.e. P/L, Balance Sheet, Cash Flow, etc.) to the CEO and the executive management team.
- Working with the business line managers on relevant Key Performance Indicators and metrics and ensure that the operational and technology processes are in place to provide timely and accurate information.
- Overseeing and managing the accounting, hedging, tax, insurance, audit, budget, and credit and treasury functions.
- Managing the company’s cash flows.
- Providing leadership, guidance and mentorship to the finance staff in the organization.
- Leading the budgeting and auditing processes for the company.
- Ensuring that the financial practices and processes of the organization are extremely efficient and above reproach.
- Providing the primary financial interface in support of the CEO to banking institutions and other outside interested parties, relating to the Company’s finances and its financial investment activities.
- Serving as a champion for operational excellence and the maximizing of value creation.
- Leveraging a detailed understanding of ‘what’s driving the numbers’ to act as a key strategic and operational contributor to the overall growth of the business.
- Remains informed about the business, puts measurements and reporting dashboards into place enabling real time assessment of performance and ‘what’s over the horizon’.
Preferred Experience / Education
The following indicates specific industry, academic and functional experience/qualifications that are important to the successful achievement of the identified responsibilities and performance deliverables.
- A CA designation is highly desirable to be able to effectively fulfill the role.
- Experience in a manufacturing environment including plant/cost accounting experience is preferred.
- Experience managing a finance department and directing all activities involved in the financial stewardship of a company.
- The ability to lead, to communicate clearly and articulately to both inside and outside constituencies.
- The ability to put value creation into perspective and know what makes the business tick - a strong business understanding.
Please email
Sal Rocco at the StoneWood Group