Executive Vice President, Finance (CFO)

The Organization

LGM is a national leader in providing warranty, finance and insurance services to the Canadian automotive industry. Since 1998, LGM has been successfully supplying quality products and leading training solutions to Canadian automotive dealerships. Dealer partnerships are complimented with the strong backing and support of their automotive manufacturing brands, which include BMW/MINI, Kia, Mazda, Volvo, Jaguar, Land Rover/Range Rover and Mitsubishi Motors.

The Job

Reporting to the Chief Executive Officer and serving as a key member of the Senior Leadership Team, the Executive Vice President, Finance (EVP, Finance) acts as LGM’s Chief Financial Officer. This executive will provide strategic direction and oversight of all financial operations to support the company’s continued growth, stability, and long-term success.

The EVP, Finance will oversee accounting, financial reporting, treasury, actuarial services, taxation, budgeting, and audit, while ensuring strict adherence to IFRS accounting standards and SOX compliance. This individual will act as a trusted advisor to the CEO and Senior Leadership Team, providing financial insight and strategic guidance that drives performance and value creation.

Key Responsibilities:

1. Strategic Leadership and Business Partnership

• Partner with the CEO and Senior Leadership Team to shape and execute the corporate strategic plan.
• Provide financial insight and strategic recommendations to support growth and profitability.
• Evaluate financial implications of new business initiatives, investments, and products.
• Promote a proactive, results-driven, and values-based leadership culture.

2. Financial Management and Reporting

• Lead all financial operations, including accounting, reporting, budgeting, and forecasting.
• Ensure compliance with IFRS and SOX reporting standards and regulatory requirements.
• Oversee budgeting, forecasting, and capital allocation processes to align with corporate strategy.
• Maintain strong internal controls and oversee timely completion of audits.

3. Treasury, Cash, and Investment Oversight

• Manage cash flow, treasury, and investment portfolios to ensure liquidity and capital efficiency.
• Negotiate and maintain effective banking and financing relationships.
• Oversee management of trust funds and investments in coordination with external advisors.

4. Taxation, Audit, and Risk Management

• Provide leadership in corporate, sales, and payroll taxation across multiple jurisdictions.
• Oversee external and internal audit processes to ensure compliance and transparency.
• Manage corporate insurance coverage, renewals, and enterprise risk management frameworks.

5. People Leadership and Department Development

• Lead, mentor, and develop the Finance, Payroll, and Actuarial teams to achieve departmental excellence.
• Build a culture of accountability, collaboration, and continuous improvement.
• Implement effective succession planning and professional development strategies.

6. Systems, Processes, and Operational Excellence

• Drive automation, process improvement, and system integration initiatives across Finance.
• Ensure the financial infrastructure supports organizational scalability, accuracy, and efficiency.
• Implement robust financial models and controls for new business lines and acquisitions.

7. External Relations and Stakeholder Management

• Maintain and strengthen relationships with auditors, banks, insurers, OEMs, and other key partners.
• Review and approve major contracts and ensure accurate maintenance of the contract registry.
• Represent the Finance function as a strategic and trusted partner to internal and external stakeholders.

8. Special Projects and Strategic Initiatives

• Lead financial due diligence and integration for mergers, acquisitions, and business combinations.
• Support enterprise-wide strategic and innovation initiatives to drive long-term growth.

Executive Leadership Competencies:

• Self-Management - Leads the organization in emotional control, agility and influence through expressing a wide spectrum of emotions to suit the environment they are within, to build commitment and buy-in to new ideas and concepts, and to generate motivation for action. Works effectively throughout all emotional environments and utilizes emotional intelligence to lead a positive outcome despite the starting position.

• Results Focused - Is competitive and takes risks in growing the organization's profitability, finds creative ways to measure and monitor intangible outcomes to achieve overarching strategic goals, and proactively shapes the customer value proposition based upon deep awareness of customer desires. Creates a high-performance culture throughout the organization with imbedded urgency to achieve results while preserving core values and high enthusiasm from the employees.

• Effective Communicator - Architects effective communications processes and tools throughout the organization to drive a culture of free flowing, timely and accurate information and communication throughout the organization. Effectively anchors change through powerful and broad communication strategies that utilize a multitude of communications tools and media best suited for the message or change initiative.

• Empowers and Coaches Others - Fosters an organizational culture of empowerment and coaching, ensuring role clarity and accountability for organizational objectives and initiatives. Identifies high potential leaders and creates new opportunities for them to develop, by allocating responsibilities based upon skills and learning orientation, articulating a vision that enables them to execute with their own creativity, providing liberal boundaries to aid in their personal growth.

• Collaboration and Influence - Fosters a high-performing culture where leaders work well together towards a common vision, while positively and respectfully challenging each other to do their best work. Creates high level, innovative partnerships that span the organization and reach beyond its walls to influence change or pursue strategic initiatives with global brands, organizations and external vendors, orchestrating partnerships that create reciprocally beneficial outcomes.

• Builds Teams - Architects the right teams and structures in the organization, utilizes cross- organizational teams where collaboration is needed, and balances team work and individual accountability to most effectively achieve organizational goals.

• Innovation and Change Leadership - Commits to new approaches ahead of emerging opportunities by tapping industry and market developments.

• Strategic Orientation - Anticipates and plans for future events and opportunities including competitive realities to create clarity in direction for how our vision is to be achieved.

• Resilience – Responds well to pressure and the demands of daily life. Has flexibility durability, strength and speed of recovery.

Required Skills:

• Minimum 10 years of progressive senior financial leadership experience
• Demonstrated expertise in strategic financial management, risk management, and compliance with IFRS and SOX.
• Proven success in financial reporting, capital management, and organizational transformation.
• Strong leadership, communication, and relationship management skills.
• Experience with mergers and acquisitions, investment management, and corporate financing considered an asset.
• Experience in insurance, financial services or automotive industry is strongly preferred.

Education

• CPA designation required
• MBA or equivalent preferred

Experience

• Executive leadership experience in a multi-jurisdictional, fast-paced corporate environment.
• Experience managing senior teams and complex cross-functional portfolios.

What We Offer

• The compensation range for this position is $220,000 - $295,000
• Hybrid work model.
• A competitive compensation package, including a comprehensive health benefits plan, Group RRSP, performance bonus, health and wellness benefits, and education sponsorship.
• Four paid days annually to "give back" to the community, along with your birthday off.
• A vehicle rebate program of up to $400 per month.