Senior Director - Finance

SRx Health Solutions; Toronto; On-site; CAD 120,000 - 160,000; Full time

Job summary

A leading healthcare solutions company in Toronto is seeking a Senior Director of Finance. This role involves overseeing cash flow management, financial reporting, and team leadership. Candidates should have a CPA designation and over 7 years of experience in finance roles, with a strong grasp of U.S. GAAP standards. The company offers competitive benefits and a collaborative work environment.

Benefits

Paid vacation

Annual Bonus

Paid sick days

Comprehensive salary

Benefits package

RRSP

Opportunities to develop new skills

Qualifications

• 7+ years of progressive experience in corporate finance, accounting, and financial leadership roles.
• Strong expertise in cash flow management, forecasting, and liquidity planning.
• Deep knowledge of U.S. GAAP and experience leading audit and public reporting processes.

Responsibilities

• Develop and implement strategies to optimize cash flow.
• Lead the consolidation of financial statements for multiple entities.
• Oversee and manage the day-to-day operations of the corporate finance and accounting team.
• Lead the financial planning process, including budgeting and forecasting.

Skills

Cash flow management

Financial reporting

Team leadership

Financial planning

Business support

Education

CPA designation

Tools

Netsuite

Job description

Join to apply for the Senior Director - Finance role at SRx Health Solutions

Do you want to work with a collaborative, diverse team and gain innovative experience in one of the fastest evolving industries?

SRx Health Solutions is a fast-growing healthcare solutions services company designed for today’s growing markets. We are Canada’s leading healthcare provider with over 400 employees across the country. We provide innovative, sustainable, and integrated healthcare solutions with a mission to enhance the wellness of Canadians. You will be part of a team dedicated to creating immersive experiences and transforming ideas into successful healthcare programs that matter.

Here, you will be empowered to follow your passion to continuously learn and grow. Not to mention, we have one of the friendliest teams on the globe!

What You Will Be Doing

1. Cash Flow Management

• Develop and implement strategies to optimize cash flow, ensuring the organization's liquidity and financial stability.
• Monitor and forecast cash flow requirements, identifying potential risks and opportunities.
• Collaborate with cross-functional teams to improve cash management processes.

Financial Reporting & Compliance

• Lead the consolidation of financial statements for multiple entities within the organization.
• Ensure accurate and timely consolidation of financial data, including balance sheets, income statements, and cash flow statements to adhere with public reporting deadlines.
• Lead the audit and review process with external auditors.
• Review covenant reporting prepared by the team for compliance with debt covenants.
• Prepare and present regular financial reports to executive management, highlighting key performance indicators and trends, with support from the corporate accounting team.
• Ensure the accuracy and integrity of financial data and compliance with accounting standards.
• Provide timely and insightful financial analysis to facilitate decision-making at all levels of the organization.
• Oversee the implementation of U.S. GAAP accounting standards, including the preparation of financial statements in accordance with U.S. GAAP and ensuring the company is up-to-date with U.S. GAAP changes.

Team Leadership

• Oversee and manage the day-to-day operations of the corporate finance and accounting team.
• Supervise and mentor a team of finance and accounting professionals, providing guidance and development opportunities.
• Foster a collaborative and high-performance culture within the finance department.
• Encourage collaboration and teamwork, ensuring efficient execution of financial processes.

Financial Planning and Analysis

• Lead the financial planning process, including budgeting, forecasting, and long-term strategic planning.
• Develop and maintain financial models to support accurate and comprehensive financial analysis.
• Work with department heads to develop annual budgets and financial forecasts.
• Monitor actual financial performance against budgets and forecasts, identifying variances and recommending corrective actions.

Financial Strategy & Business Support

• Contribute to the development of the organization's financial strategy, providing insights and recommendations to senior management.
• Participate in strategic financial planning and decision-making processes.
• Provide financial insights and recommendations to support strategic initiatives and growth opportunities.

Qualifications

• CPA designation required
• 7+ years of progressive experience in corporate finance, accounting, and financial leadership roles.
• Strong expertise in cash flow management, forecasting, and liquidity planning.
• Proven experience in preparing and consolidating financial statements for multiple entities.
• Proficiency in financial modeling, and financial planning and analysis (FP&A), including budgeting, forecasting, and variance analysis.
• Deep knowledge of U.S. GAAP and experience leading audit and public reporting processes.
• Demonstrated ability to ensure and track compliance with debt covenants and financial regulatory standards.
• Strong leadership skills with a track record of building, mentoring, and developing finance teams.
• Excellent communication and presentation skills with the ability to convey financial insights to executive leadership.
• Proficiency in using various systems / ERPs cross-functionally. Netsuite preferred.

Why you should work with us?

• Paid vacation
• Annual Bonus
• Paid sick days
• Comprehensive salary
• Benefits package
• RRSP
• Opportunities to develop new skills and progress your career
• Access to thousands of perks vendors and discounts through our WorkPerks program, including discounts for apparel, restaurants, technology, fitness, travel, and tickets to events

About Us

SRx Health Solutions was founded in 2013 by President Adesh Vora. After running retail pharmacies for over 12 years, Mr. Vora opened two pharmacies in Ontario. Our company fosters a collaborative and inclusive work environment that empowers individuals to thrive, embrace challenges, and make a meaningful impact on healthcare.

We are committed to diversity and inclusion, valuing and hearing all employees. We provide accommodations during the interview process. Please contact [e-mail] for assistance.

Additional Information

Seniority level: Director

Employment type: Full-time

Job function: Finance and Sales

Industries: Hospitals and Healthcare

Note: The job posting appears active based on the information provided.