Director of Finance

About the Company

Our client is a large technology company. They are looking for a Director of Finance / Senior Manager to oversee the Treasury function.

Why Work Here

• High growth business going through a North American wide centralization process

Excellent organic and inorganic growth prospects for this technology company

Manage a large team of professionals

Excellent compensation package

About the Opportunity

Oversee all aspects of the Treasury department : This includes managing the daily cash balances to ensure that the Bank’s cash flow is adequate to operate efficiently, make prudent cash flow forecasts, ensure that customer payments are applied accurately and timely to aging and the vendor bills are paid promptly and within vendor terms.

Manage a team of approximately 10 finance professionals : You will provide guidance, mentorship, and performance management to a team of finance professionals. This includes setting clear expectations, providing regular feedback, and conducting performance reviews. You will also be responsible for fostering a collaborative and supportive team environment where individuals can thrive and contribute their best work.

Develop and implement financial policies and procedures : You will ensure compliance with accounting standards (e.g., GAAP) and regulatory requirements (e.g., SOX). This includes establishing and maintaining internal controls, documenting processes, and staying up-to-date on the latest accounting pronouncements and regulatory changes.

Oversee the month-end close process : You will ensure that the month-end close process is completed accurately and timely. This includes reviewing journal entries, reconciling accounts, and preparing financial schedules as needed.  You will also work closely with other departments to ensure that all necessary information is provided for a smooth and efficient close process. Perform and oversee monthly reconciliations of vendor statements to ensure accuracy and resolve any discrepancies promptly.

Implement and maintain financial systems and technology : You will play a key role in implementing and maintaining financial systems and technology to improve efficiency and accuracy. This includes evaluating and selecting new software, overseeing system upgrades, and ensuring that systems are properly integrated with other business applications.

Identify and implement process improvements : You will continuously identify and implement process improvements to streamline operations and reduce costs. This includes analyzing existing processes, identifying bottlenecks, and implementing solutions to improve efficiency and effectiveness.

Collaborate with other departments : You will collaborate with other departments, such as sales, procurement, and IT, to ensure seamless financial operations and support business objectives. This includes providing financial information and analysis to support decision-making.

Provide financial analysis and insights to support strategic decision-making : You will provide financial analysis and insights to senior management to support strategic decision-making. This includes analyzing financial performance, identifying trends, and developing financial models to evaluate different business strategies.

Stay abreast of industry best practices and regulatory changes : You will stay informed about industry best practices and regulatory changes to ensure that the finance department operates efficiently and effectively. This includes attending industry conferences, reading professional publications, and participating in professional organizations.

Ensure compliance with relevant regulations : You will be responsible for ensuring compliance with relevant regulations, such as SOX, and implementing internal controls to mitigate financial risk. This includes staying up-to-date on regulatory changes, conducting regular audits, and implementing corrective actions as needed.

About You

Recognized professional accounting designation (CPA, CA preferred) is a requirement.

7-10 years of experience in finance operations, with at least 5 years in a leadership role, preferably in the IT industry or a related field.

Strong understanding of accounting principles (GAAP) and financial reporting.

Proven experience with vendor payments and banking operations, including managing vendor relationships, negotiating payment terms, and overseeing bank reconciliations.

Proficiency in financial systems and technology, including ERP systems, accounting software, and financial reporting tools.

Salary

Senior Manager : $135,000 to $165,000 / year

Director of Finance : $165,000 to $185,000 / year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #435390 .

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact [email protected] .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal .

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here .

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to :

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.