Chief Financial Officer

Osborne Financial Search; Oakville; On-site; CAD 150,000 - 200,000; Full time

Job summary

A leading executive search firm is seeking a Chief Financial Officer for a diversified HVAC distribution company. The CFO will oversee financial management, reporting, and internal controls while providing strategic insights for growth through financial models and analysis. The ideal candidate has over 15 years of experience in financial leadership, particularly in high-growth environments and M&A activities. This full-time role is based in Oakville, Ontario.

Qualifications

• 15 plus years of experience as a financial leader in a high growth, wholesale, distributor or manufacturing company.
• Experience with mergers and acquisitions (M&A).

Responsibilities

• Provide strategic guidance on operational activities and structure.
• Develop an executable operational plan for the Finance department.
• Build and maintain detailed financial models and forecasts.

Job description

Executive leadership opportunity with a diversified HVAC distribution company operating across Canada and the United States. The company serves residential, commercial, and industrial markets and works with contractors to manufacturers. The business has ~90 employees across 5 offices and distribution hubs and is pursuing growth through both organic initiatives and mergers and acquisitions.

Overview

The Chief Financial Officer will report to the President and be responsible for all aspects of financial management, including corporate accounting, regulatory and financial reporting, budgeting and forecasting, internal controls, and policy development to maximize enterprise value. The CFO will serve as a strategic partner, providing financial insight for short- and long-term business plans, financial metrics for operations, pricing evaluation, and monitoring and reporting on progress. The role may involve involvement in M&A opportunities and pricing strategy, and will require building robust financial models and forecasts to support management decisions.

Responsibilities

• Provide strategic guidance on operational activities and structure and make actionable recommendations to improve financial efficiency and performance.
• Implement and control key performance indicators (revenue, gross margins, EBITDA, operating metrics, inventory, working capital, cash flow) to support the company strategic directions and improve available information.
• Develop an executable short- and long-term operational plan for the Finance department which focuses on the development of the personnel, processes, and financial systems to support the company’s strategic plan.
• Protect the company’s financial assets through reliable internal controls.
• Play a key role in both organic growth and, potentially, future M&A activity.
• Identify and assess cost-saving opportunities to drive operational efficiency.
• Support with analysis and assessment of new revenue-generating opportunities.
• Support and actively participate with identification and financial evaluation of potential M&A opportunities.
• Support with pricing strategy.
• Build and maintain detailed financial models and forecasts to support management decision making.
• Prepare and provide timely and accurate analysis of budgets, financial reports and financial trends and insight to improve financial performance to senior management.
• Build and create short and long term KPI’s to guide the company’s growth and to define success for various business processes.
• Lead team in implementing new tools and processes to support FP&A work.
• Collaborate across departments to prepare and consolidate budgets.
• Assist in performing all tasks necessary to achieve the organization's mission and growth plans.
• Responsible for the development of annual financial plans – including capital and operating budgets – to ensure optimal utilization of financial resources in support of business objectives.
• Prepare and provide timely and accurate monthly and quarterly financial statements for review with management and external parties.
• Own, oversee and manage day-to-day finance and accounting activities while ensuring completeness and accuracy.
• Ownership for complete accounting cycle from G/L maintenance to financial statement preparation.
• Manage AP, AR, Banking, Taxation and expense review.
• Support with bank reporting requirements (i.e., covenant calculations, supporting data request).
• Coordinate and lead the annual audit process, liaise with external reviewers / auditors and senior management, assess any changes necessary.
• Maintain a system of accounting records and a comprehensive set of internal controls designed to mitigate risk.
• Assess current accounting operations, offering recommendations for improvement and implementing new processes.
• Evaluate accounting and internal control systems.
• Evaluate the effectiveness of accounting software and supporting database, as needed.

Qualifications

• 15 plus years of experience as a financial leader in a high growth, wholesale, distributor or manufacturing company.
• Experience with M&A.

Details

• Seniority level: Executive
• Employment type: Full-time
• Job function: Accounting / Auditing, Business Development, and Finance.
• Industries: Wholesale