Director of Finance POST NUMBER: 407689
- Finance:
- Establishes action plans and daily/weekly/monthly reporting processes and presentations to ensure visibility and delivery of results (Accountability - Results Focus)
- Management chart of GL accounts. Open, outline/oversee usage parameters, and deactivate GL accounts. Ensure proper accounting procedure set up and account description properly conveys GL account usage (Financial – Accounts)
- Analyzes results against budget and prepares commentary on variances (Budget Analysis)
- Support and coordinate month-end and year-end close process (Business Analysis - Month & Year-end reporting)
- Administers monthly close process and the preparation of internal and external financial reports, audited financial statements, and other analyses/financial management reports in a timely and detailed manner (Business Analysis - month end reporting)
- Develop standard and compliance-related policies and processes where necessary and implement them in partnership with Managers. Ensure compliance through oversight and auditing (Compliance - Policy Development and Implementation)
- Responsible for external reporting to lenders including monthly/annual covenant compliance, debt schedules and adherence to the credit agreement (External Financial Reporting)
- Oversee the accounts payable to ensure timing of payments meets due dates and cash flow availability, and manages banking relationships (Financial - Cash Flow Oversight)
- Establish and implement internal controls and policies while ensuring compliance with all external standards and legislative requirements; enforcing adherence to requirements; advising necessary parties on needed actions (Internal Controls and Regulatory Compliance)
- Proactively monitor working capital availability and cash flow, providing analysis and visibility to senior leadership (Internal Financial Reporting)
- Oversee the centralized payroll process ensuring timely preparation and execution of payroll process for Hourly and Salaried pay, as well as calculates monthly bonuses and commissions 2 and post payroll journal entries (Payroll Administration)
- Responsible for vendor management and coordination of payment terms (Vendor Management)
- Process Improvements:
- In partnership with business SMEs, acquire, connect, manage, and analyze various data sources to develop intelligence reports, analytics, sharing business recommendations (Business Analysis – recommendations)
- Take the initiative to improve systems, policies, revenue opportunities, cost-cutting strategies etc. (Financial – improvement)
- Develops, maintains, and ensures that the systems, tools, and processes specific to departments are in place to optimize output and support users (Functional Optimization)
- Research industry trends and advancements for review and adoption (Program Creative)
- Evaluates financial reporting systems, accounting procedures and investment activities and make recommendations for changes to procedures, operating systems, budgets, and other financial control function to the senior leadership team. Manages project implementation and execution of such initiatives. (Strategy & Implementation)
- CPA required.
- 5 to 8 years of progressive experience, including 3 years within a management capacity
- Demonstrated knowledge of cost management techniques, financial modeling, financial control, financial analysis, financial reporting, and budgeting.
- Effective written communication, presentation skills, and influencing skills (internal and external).
- Demonstrated leadership ability, acumen, and people-leadership skills
- Demonstrated financial operations skills within a high growth, evolving company environment.
- Strong attention to detail and analytical skills.
- Mastery of using Excel and PowerPoint for complex business/decision and planning
- Experience with payroll management systems preferably UKG
- Ability to work independently and as part of a team
$60/hour
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #407689.
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.