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finance manager
Title posted on ZipRecruiter - Director of Finance
Posted on November 10, 2024 by Employer details Colourific Coatings
Job details
<h3>Job Description</h3><div>Job Description<div><p><strong>Director of Finance</strong></p><p> </p><p><strong>About Colourific:</strong></p><p>Colourific Coatings is the top custom powder coating company in Ontario with an established reputation for quality, turnaround times, and leading customer service that goes beyond our local roots. Our customers sell products around the world, including the U.S., Mexico, South America, Oceania, Europe, Asia and the Middle East.</p><p>Customers return to us time and again because we help ensure the integrity of their supply chains and consistently deliver a reliable product that they're happy to sell in their hometown or halfway around the world.</p><p> </p><p><strong>Position Summary:</strong></p><p> </p><p>The Director of Finance will oversee all financial aspects of the company's strategy, driving the planning, implementation, and management of finance activities. This includes business planning, budgeting, forecasting, financial analysis, and negotiations. The Director of Finance will ensure the company's financial health and growth by managing its financial strategy, controlling financial risks, and ensuring compliance with regulations.</p><p> </p><p><strong>Reports to:</strong></p><p>CEO</p><p> </p><p><strong>Duties & Responsibilities:</strong></p><p> </p><p>Strategic Financial Leadership</p><ul><li>Develop and execute the financial strategy of the company in alignment with business objectives.</li><li>Provide strategic recommendations to the CEO and executive management team on financial matters.</li><li>Develop financial models, forecasts, and budgets to support strategic initiatives.</li><li>Responsible for implementing, monitoring, analyzing and reporting on organizational KPI's, both financial and operational, ensuring alignment with strategic goals and driving continuous improvement initiatives to achieve targeted performance outcomes</li></ul><p>Financial Planning & Analysis</p><ul><li>Oversee the preparation and review of financial reports, including income statements, balance sheets, and cash flow statements.</li><li>Analyze financial performance, identify trends, and make recommendations for improvement.</li><li>Develop and implement robust financial planning and analysis processes and organizational and financial KPI's.</li></ul><p>Budgeting & Forecasting</p><ul><li>Lead the annual budgeting process, including the development of department budgets and capital expenditure plans.</li><li>Monitor and report on budget performance, identifying variances and recommending corrective actions.</li><li>Conduct regular financial forecasting to anticipate future financial performance and requirements.</li></ul><p>Risk Management & Compliance</p><ul><li>Ensure compliance with all financial regulations and standards, including GAAP/IFRS.</li><li>Develop and implement internal controls to safeguard company assets and ensure accurate financial reporting.</li><li>Identify and mitigate financial risks, including credit, market, operational, and compliance risks.</li></ul><p>Operational Financial Management</p><ul><li>Oversee accounting operations, including accounts payable, accounts receivable, payroll, and general ledger.</li><li>Manage cash flow, ensuring adequate liquidity to meet operational needs.</li><li>Optimize working capital and manage relationships with banks and financial institutions.</li></ul><p>Team Leadership & Development</p><ul><li>Lead and mentor the finance team, fostering a culture of continuous improvement and professional development.</li><li>Set performance objectives, provide regular feedback, and conduct performance appraisals.</li><li>Ensure the finance team has the necessary resources and training to perform effectively.</li></ul><p>Stakeholder Engagement</p><ul><li>Act as the primary financial spokesperson for the organization, presenting financial results and strategies to the board of directors, investors, and other stakeholders.</li><li>Collaborate with ot- LocationMississauga, ON
- Workplace information On site
- Salary$159,982.25YEAR annually
- Terms of employment Permanent employmentFull time
- Starts as soon as possible
- vacancies 1 vacancy
- Source ZipRecruiter #095c748f3
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