Manager of Finance
About us:
At Windsor Detroit Borderlink Limited we strive to be a valued, strategic business partner facilitating the safe, easy, and economical movement of people and goods between Windsor and Detroit.
The Opportunity:
Windsor Detroit Borderlink Limited (WDBL) is seeking a Manager of Finance who will report to the CEO and be responsible for managing the company’s financial affairs in accordance with regulatory requirements and organized goals. The Manager of Finance will be a key member of the executive management team and oversee all financial-related activities, including accounting, finance, budgeting, forecasting, contract analysis, and financing. This is a full-time, permanent opportunity.
What’s In It For You?
· Competitive salary and bonus structure
· Comprehensive benefits
· RRSP Matching Program
What You’ll Be Responsible For:
Financial Management and Financial Planning
· Develop and implement strategies to plan, organize, direct, and evaluate the organization’s financial performance and business needs
· Provide timely and accurate financial analysis of budgets, reports, and trends to assist the CEO, Secretary – Treasurer of the Board of Directors, and the WDBL Management team
· Oversee financial reporting, analysis, and projections to ensure accuracy and timely completion
· Prepare an annual fiscal budget for approval by the Board of Directors
· Manage budget tracking, accounting, and reporting within the company and ensure cash flow is appropriate for the organization’s operations
· Measure and communicate performance to targets monthly, and develop a reliable cash flow projection process and reporting mechanism
· Review costs of labour service charges
· Review capital expenditure requests
· Develop a strategic financial plan in coordination with the CEO and the WDBL Management team
· Provide financial insight to strengthen and validate strategic decisions
· Create financial outlook reports and ensure company funds are sufficient
· Budget, forecast, and oversee current and future investments
· Provide financial and strategic input into customer or supplier/vendor agreements
· Collaborate with the WDBL Management team to develop monthly strategies for profitability improvement
· Provide leadership in the continuous evaluation of short and long-term strategic financial objectives
· Participate in the development of the company’s plans and programs as a strategic partner
Business Development
· Advise on methods to increase revenue and reduce costs, and advise on long-term business and financial planning
· Provide financial and strategic input into customer or supplier agreements
· Provide recommendations to strategically enhance financial performance and business opportunities
· Establish credibility throughout the organization and with the Board as an effective developer of solutions to business challenges
Risk Management and Compliance
· Assess and minimize financial risks, stay abreast of market changes, and communicate risks to the CEO and the Secretary – Treasurer of the Board.
· Ensure compliance with legislation, regulatory financial and legal requirements, and company policy
· Perform risk management by analyzing the organization’s liabilities and investments
· Ensure timely and accurate reporting to the Board of Directors
· Develop and review all formal finance-related procedures
· Ensure effective internal controls and compliance with applicable regulatory laws
People Leadership
· Provide leadership, direction, and management of the finance and accounting team
· Develop and coach the financial team to increase efficiencies and meet department objectives
· Provide technical financial advise and know knowledge to others within the financial discipline
· Continuously improve the budgeting process through education of department managers on financial issues
· Provide financial input and leadership on issues affecting the organization
· Provide financial advice on contracts into which the corporation may enter
· Establish and develop relationships with external partners and stakeholders
· Provide timely and regular reporting to the sole shareholder
· Other duties and responsibilities as required
The Ideal Candidate:
· Bachelor’s degree in Accounting, Finance or Economics
· CPA / CA designation is required
· 8-10 years experience in a senior leadership financial role
· Well-versed in all aspects of financial management ranging from simple accounting to broad investment and banking operations
· In-depth knowledge of corporate financial law and risk management practices
· Excellent knowledge of data analysis and forecasting methods
· Ability to analyze, strategies and solve problems
· Excellent interpersonal and communication skills, both verbally and written
· Excellent leadership abilities with the ability to manage a team and engage with staff at all levels of the organization
· High level of ethics, integrity, and dependability with a strong sense of urgency and results-orientation
· Proficient in the use of MS Office and financial management software
Complimentary Experience:
· An MBA would be considered an asset
· Previous experience in a unionized environment is considered an asset
· Knowledge of the Canada Labour Code Part II, its regulations
Job Type: Full-time
Benefits:
Work Location: In person
Application deadline: 2023-05-19
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