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BMO
A leading baked goods company in Ontario is seeking a Vice President (VP) of Finance & Corporate Strategy. This role involves overseeing financial operations, developing sustainable financial strategies, and guiding corporate strategy. The ideal candidate has over 15 years of progressive leadership experience, particularly in CPG manufacturing. This position offers competitive advantages and the chance to lead strategic initiatives within a family-focused culture.
About Us !
As part of the largest baking company in the world, Bimbo Canada is a leading producer and distributor of packaged fresh bread, bakery products and snacks. We produce and distribute more than 1,000 products across 18 brands Canadians know and trust, like Dempster's, Villaggio, POM, Bon Matin, Stonemill, Natural Bakery, Takis, Thomas', Little Bites, Vachon, Hostess and more.
In business for more than 110 years, the company operates 15 bakeries and employs approximately 4,000 associates across Canada. Bimbo Canada creates value by being at the forefront of manufacturing and service delivery innovation in the baking industry through the continued improvement and refinement of its supply chain network while serving major grocery chains, retail outlets and foodservice operations across Canada.
At Bimbo Canada, we’re more than just a bakery - we’re a family dedicated to baking delicious moments for millions. Our beliefs are the foundation of our success, and we’re looking for people who share our commitment to excellence.
Hiring Requirements
Bimbo Canada is seeking a visionary Vice President (VP) of Finance & Corporate Strategy. The person in this role will be a strategic partner to the President and will be pivotal in shaping and executing the organization’s strategic transformation agenda. This role oversees all financial operations, ensures strong governance and compliance, and partners with business leaders to shape and execute corporate strategy. This role requires a forward-thinking leader who can navigate the complexity of a major CPG organization—balancing the demands of day-to-day operations with the critical work of redefining the business for long-term profitable growth.
Key Responsibilities
Develop and implement comprehensive financial strategies aligned with the company's short / medium / long term business plans and objectives. Provide strategic guidance that supports the company's growth, profitability, and long-term sustainability focus. Manage ambiguity and operate effectively, even when things are not certain or the way forward is not clear.
Utilize strategic agility to engage in scenario planning, assessing the potential impacts of various economic, industry, or market conditions on the organization's financial health. Translate strategy into actionable financial and operational plans. Stay abreast of industry competitors and market dynamics to provide competitive intelligence that informs the Company’s long-term strategy. Identify and assess growth opportunities including M&A, partnerships and new markets. Create financial models to evaluate the financial impact of potential M&A transactions. Participate in several parts of the M&A process including strategic planning, due diligence, financial modelling and analysis, deal structure and negotiation, and integration planning. Track strategic initiatives and ensure accountability for results.
Oversee and manage CAPEX projects to ensure alignment with organizational goals. Develop and implement strategies for cost control, risk assessment, and financial analysis. Collaborate with cross-functional teams to identify and prioritize initiatives that support business growth and operational efficiency.
Lead the finance team in managing day-to-day financial operations and maintain collaborative oversight of finance teams operating under the North American Center of Excellence model, focusing on deeply understanding the end-to-end financial processes that the Canadian business depends upon. Ensure financial processes and controls operate in compliance with relevant laws and regulations. Oversee the financial planning, forecasting, and budgeting processes. Monitor financial performance and identify areas of improvement and cost optimization. Foster a culture of innovation within the finance team, encouraging the exploration of new financial models, technologies, and approaches. Demonstrate adaptability to evolving business models and industry disruptions.
Evaluate and manage financial risks, including liquidity, market, currency, depreciation, commodity and operational risks. Develop risk mitigation strategies and contingency plans to address concerns and plan effectively for the future. Serve as an ex-officio member of the company’s pension committee. Prepare and present accurate and timely financial reports and updates to the Bimbo Canada executive team and global CFO. Ensure compliance with all financial reporting and disclosure requirements. Ensure that all financial activities and decisions are made with the highest ethical standards. Be an ambassador of the “Bimbo Way” and promote a culture of integrity.
Collaborate with external stakeholders, including financial institutions, auditors, and regulatory bodies. Build and maintain deep and effective relationships with internal departments and integrate financial considerations into cross-functional initiatives and projects. Leverage business acumen to bridge the gap between financial metrics and operational objectives.
Build a high-performing team at multiple levels and help them find purpose and unleash their full potential. Define succession plans for key roles. Provide mentorship, support, and professional development opportunities for team members. Foster a culture of continuous improvement, innovation, and accountability.
You will be an integral and valued colleague / member of the Canadian executive team and will be expected to constructively debate and collaborate on issues that impact the entire business as well as provide financial perspectives and data-driven insights to inform critical business decisions. The Canadian business is known for its collaborative, supportive, people-first culture and you will need to be seen as providing outstanding leadership and genuine business partnership to other members of the team.
Experience & Education
Personal attributes and knowledge
You are a revered executive leader with exceptional interpersonal skills, known for building productive relationships with internal and external stakeholders. You inspire and motivate teams and have created an environment of high achievement and personal accountability where individuals take initiative and push themselves beyond their comfort zone. You have courage of conviction and are comfortable driving and influencing change, managing ambiguity and accelerating strategic initiatives through the power of people. You are known for working effectively to influence different cultures and perspectives and build trust.
You are a top-caliber finance leader who can anticipate market trends, industry shifts and economic changes that may impact the Company’s financial performance. Visionary and forward-thinking, you can see opportunities in an ever-evolving landscape and translate them into breakthrough strategies. You are an expert in interpreting and applying financial indicators to drive business decisions. Your strong business acumen, unparalleled intellectual curiosity and capability to ask the right / good / hard questions allows you to understand how financial decisions impact overall business operations and objectives and help the business uncover what’s possible. You have proven capability in collaborating cross-functionally to align financial goals with broader organizational goals, and to provide strategic insights that contribute to the development and refinement of the Company’s business strategy.
You have a knack for storytelling and use this capability to simplify the numbers and translate even the most complex financial realities into lay-person terms and easy-to-understand messages, thereby enabling the entire company to know what’s happening. You can build trust and create impact, influence thinking and achieve collective buy-in even in situations without direct authority.
You bring contagious determination and tenacity to the company, enabling you to move major initiatives forward, injecting pace and focus through stretch targets and the engagement and empowerment of others.
You are role model of our people-first culture who prioritizes the safety and wellbeing of our associates above everything else.
Growth Opportunities : Bimbo Canada is committed to personal and professional growth. We offer training, development, and advancement opportunities both domestically and internationally.
Innovation : Be part of a company that constantly innovates in the food industry. Your work will contribute to creating delicious products loved by millions.
The Bimbo Way : We believe in the special dignity and value of the human person. We believe that as people we form one community and we believe that this community is focused on getting results. We do this by competing and winning in the market with superior quality in everything we do. We believe in being sharp operators; that is, being very, very good at what we do, and always acting with integrity so that as a company we can transcend and endure for a very long time. That’s the Bimbo Way.
We are incredibly proud of our distinction as one of Canada’s Most Admired Cultures by Waterstone Human Capital . This recognition is a reflection of how strong, people-first culture drives exceptional performance and sets us apart as industry leaders. Bimbo Canada was also named one of the 2024 Best Places to Work by !
This tremendous honour recognizes our commitment to creating an outstanding workplace for our associates.
If you are ready to join a company that values its associates and bakes delicious moments every day, apply today!!
Your journey with Bimbo Canada starts here.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.