Director of Finance
360 HR Services - Peterborough, ON

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Support the Divisional/OpCo CFO in performing the following duties and developing
capabilities to perform the following duties as the OpCo CFO in the future.

 Execution of Profit Plan and Key Initiatives

o Provide leadership related to the execution and monitoring of the annual plan,
business transformation initiatives, and operational initiatives, including action
o Execute the company’s implementation of the new SAP system including
conversion activities and adoption of new reporting tools.
o Provide the President and senior management team of the OpCo clear analysis
of the impact of key actions to financial results.
o Identify, with the President and senior management team, the key actions
needed to affect the financial results and achieve plan.
o Partner with OpCo Management team and drive execution of key action items.

 Analysis of Operating Results
o Analyze results of operations and clearly explain causes or drivers of significant
variances to plan, forecast and last year. Provide variance analysis in a clear and
concise manner to the President, the OpCo senior management team and to
Market Presidents/Cdn CFO.
o Monitor and evaluate the contribution of all departments to operating results.
o Develop fact-based recommended courses of corrective action to achieve
planned financial results.
 Profit Plan and Business reviews
o Lead the annual profit plan and business review process. Together with the
President and OpCo senior management, develop the annual profit plan.
o Partner with the President and OpCo senior management team to ensure they
are jointly involved in establishing the plan and understand the key drivers
implicit in achieving the plan.
o Coordinate efforts related to preparing for and participating in annual business

 Forecasting
o Develop accurate rolling 18 month forecasts of operating results with input from
the President and OpCo senior management.
o Ensure forecasts are accurate representation of ongoing trends and the impact
from key action items expected to be achieved.
o Partner with the President and OpCo senior management team to ensure they
are jointly involved in establishing the forecasts and understand the key drivers
implicit in achieving the forecast.

 Accuracy of Reported Results

o Ensure accuracy of reported operating results, account balances and key metrics.

 Internal Controls

o Control all company expenses directly for general and administrative
departments and indirectly (through department heads) for all other
o Ensure reconciliations are completed monthly for all Balance Sheet accounts
o Ensure accounting period-end accruals are correct.
o Ensure physical assets and petty cash are safeguarded.
 Credit Management
o Manage the credit team.
o Develop and implement strategies to hit planned days sales outstanding targets.
o Work with management to establish and maintain credit and collection policies
in accordance with Firm guidelines.
o Review aged accounts receivable and take proper action to reduce risk.
o Ensure adequacy of the allowance for doubtful accounts.
o Ensure cash is deposited timely, secured properly, and prepared for posting and
accurately posted to customer accounts.

 Inventory Control

o Manage the inventory control team.
o Develop and implement strategies to hit planned days inventory on hand targets.
o Analyze shrink reports to identify trends and opportunities to increase
operational efficiency, and coordinate physical inventory counts and analyze any
deviations to book inventory.
o Review inventory valuation assessments to ensure accurate tax charges.

 Capital Investment Planning

o Ensure compliance with the Firm Capital Investment Proposal (CIP) processes.
o As needed, provide financial valuation models for CIP requests.

 Pricing

o Ensure accuracy of Customer Contract pricing.
o Ensure accuracy and timely preparation of Customer rebates.

 Earned Income

o Ensure completeness and accuracy of earned income in accordance with
approved vendor programs.
o Ensure collection of vendor receivables in a timely manner.

 Accounts Payable (if applicable)

o Monitor Vendor payables aging.
o Ensure timely payments and resolution of issues with vendors, merchandising
and inventory control.
o Monitor cash discounts to ensure attainment of opportunities

Indeed - 15 months ago - save job - block
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