Divisional Vice President, Finance

Brobston Group LLC; Toronto; On-site; CAD 194,233 - 237,900; Full time

Benefits offered by this job

Employee discount

Pension

Health and dental coverage

Tuition assistance

Continuous learning and development

Performance-based rewards

Pension matching

Job summary

Holt Renfrew seeks a Divisional Vice President, Finance to lead the company’s financial operations across all entities, reporting to the CFO. You will oversee accounting, tax, external reporting, treasury, and vendor relationships while guiding a team of 30+ professionals.

This senior role combines strategic oversight with hands-on leadership, ensuring IFRS compliance, annual statutory statements, audits, and robust financial controls in a fashion and luxury retail setting.

Qualifications

• CPA or CA preferred; professional accounting designation.
• 15+ years in finance with at least 10+ years in leadership.
• Strong IFRS expertise, including revenue recognition and lease accounting.
• Ability to develop efficient solutions and assess operational impact.
• Proven leadership and metrics-driven team management.
• Excellent interpersonal and communication skills.
• Adaptable to ambiguity and change.
• Experience with SAP and advanced MS Office.
• Detail-oriented with high accuracy.
• Passion for fashion and luxury retail.

Responsibilities

• Oversee accounting operations and ensure IFRS-compliant transactions.
• Lead annual statutory financial statements and external audit processes.
• Prepare monthly management information for executives and the Board.
• Guide on accounting systems, record keeping, analysis and reporting.
• Lead balance sheet and cash-flow budgeting and forecasting.
• Ensure tax authority compliance.
• Maintain controls over financial reporting and enhance control systems.
• Oversee treasury: cash flow, liquidity, working capital, banking relations.
• Manage vendor payments terms governance and related processes.
• Collaborate on strategic initiatives and system changes.
• Serve as Treasurer of pension committee and related entities.
• Lead and retain a high-performing team of over 30 employees.
• Support leadership on ad-hoc financial requests.

Skills

Leadership

Communication skills

Attention to detail

Problem solving

Adaptability

Education

Post-secondary degree

CPA/CA designation preferred

Tools

SAP

Job description

Position Overview

The Divisional Vice President, Finance at Holt Renfrew leads the company's financial operations, overseeing accounting, tax, external reporting, treasury, financial transactions, and vendor relationships across all legal entities. This senior leadership role reports directly to the CFO.

Key Responsibilities

• Oversee accounting operations and ensure transactions are recorded accurately and timely in accordance with IFRS.
• Lead the preparation of the annual statutory financial statements and manage the external audit process, including presentation to the Audit Committee.
• Produce the monthly internal management information package for executive leadership and the Board of Directors.
• Provide guidance on accounting matters, including systems, record keeping, analysis, and reporting.
• Lead the balance‑sheet and cash‑flow budgeting and forecasting process.
• Ensure compliance with all tax authorities, either directly or through tax specialists.
• Maintain effective controls over financial reporting and support the ongoing enhancement of financial control systems to protect company assets and ensure accurate reporting.
• Oversee treasury functions: cash flow, liquidity, working capital, cash‑management policies, banking relationships, and covenant compliance.
• Manage foreign‑currency exposure and undertake financial transaction services.
• Lead accounts payable, accounts receivable, sales audit, and vendor/customer data maintenance teams to ensure integrity, accuracy, completeness, and timeliness of customer payments.
• Implement and enforce effective procedures and controls over payment processes to safeguard assets and pay vendors promptly.
• Act as gatekeeper for vendor payment terms and oversee the Holt Renfrew Vendor Reference Manual and Vendor Terms Card for merchandise vendor partners.
• Manage vendor compliance and non‑compliance issues.
• Collaborate with other business areas on strategic initiatives and system changes to align financial controls and accounting requirements with company goals.
• Serve as a member and Treasurer of the Holt Renfrew pension committee, ensuring financial statements are completed and filed in compliance with regulations.
• Treasurer for the Property company, overseeing general financial oversight, budget development, cash management, reporting, and financial policies.
• Lead, motivate, train and retain a high‑performing team of over 30 employees through five direct reports.
• Support leadership and the parent company on ad‑hoc financial requests.
• Ensure compliance with all Health & Safety policies and requirements.

Key Qualifications

• Post‑secondary degree in a related field and a professional accounting designation (CPA, CA preferred).
• 15+ years of progressive finance experience, with a minimum of 10+ years in a leadership and people‑management role.
• Strong technical accounting skills and working knowledge of IFRS policies, including revenue recognition, impairment assessment, and lease accounting.
• Ability to develop sustainable and efficient solutions and to think beyond basic accounting to understand operational impacts.
• Demonstrated leadership and influencing skills, with a track record of driving high‑performance, fact‑based, metrics‑driven teams.
• Exceptional interpersonal, written and verbal communication skills.
• Adaptability and comfort with ambiguity and change.
• Experience setting priorities, developing work/program schedules, monitoring quality, and reporting outcomes to stakeholders.
• Proficiency in accounting software (SAP) and advanced computer skills (Word, Excel, PowerPoint).
• Result‑driven, ambitious, with strong initiative, reliability, and excellent problem‑solving abilities.
• Attention to detail and a high degree of accuracy.
• Passion for fashion and luxury retailing.

Benefits & Compensation

Competitive total compensation, with a salary range of$194,233.33 to$237,900.00per year.

Comprehensive benefits include generous employee discount, pension, health and dental coverage, tuition assistance, and continuous learning and development opportunities.

Additional incentives, performance‑based rewards, and pension matching are available.

Equal Employment Opportunity

Holt Renfrew is an equal‑opportunity employer committed to fostering a diverse and inclusive workplace. All employees’ diverse backgrounds, abilities and experiences strengthen our business. If you are contacted for a job opportunity and require accommodation, please let us know to ensure an accessible candidate experience. All requests are confidential and used only to meet your needs.