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Director of Finance

Vaco by Highspring

Markham, Canada

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$150,000 - $155,000 Posted: 5 hours ago

Job Description

<p>About the Company</p><p>Our client is a software company. They are looking for a Director of Finance who will be responsible for lead the Finance team and be an integral member of the team that brings together the businesses sales, finance and technology needs. You will be responsible for optimizing our financial operations, supporting sales on a number of matters, and accelerating our deployment of technology to accelerate our business growth. You will ultimately be responsible for the presentation of financial matters to our C-Suite and parent company. </p><p>Why Work Here</p><ul><li><p>Opportunity to progress to head the Finance team  </p></li></ul><ul><li><p>Rapid revenue growth and scaling environment </p></li></ul><ul><li><p>Exposure to systems integration, financial reporting, controlling, and cross-functional business partnering </p></li></ul><ul><li><p>Dynamic and Collaborative work force  </p></li></ul><p>About the Opportunity</p><p>Financial Reporting (20%) </p><ul><li><p>Lead the preparation of monthly, quarterly, and annual financial statements in accordance with GAAP/IFRS.  </p></li></ul><ul><li><p>Ensure timely and accurate submission of financial reports to the parent company, adhering to group reporting timelines and formats. Co ordinate consolidation of local financials into group-level reporting packages. </p></li></ul><ul><li><p>Prepare variance analyses and commentary for parent company review, highlighting key drivers and risks. </p></li></ul><ul><li><p>Support parent company audits and respond to inquiries from group finance and external auditors. </p></li></ul><ul><li><p>Ensure that the Company’s tax filings remain compliant.  </p></li></ul><p>Strategic Planning & Budgeting (20%) </p><ul><li><p>Develop and manage annual budgets and forecasts, ensuring alignment with strategic goals. </p></li></ul><ul><li><p>Present financial plans and performance updates to both local leadership and parent company stakeholders. </p></li></ul><ul><li><p>Collaborate with the company’s finance teams on planning, scenario modelling and variance analysis. </p></li></ul><p>Finance Technology (20%) </p><ul><li><p>Work with CFO and IT department on continuously enhancing the IT infrastructure of the Company, allowing the company to leverage efficiencies to eliminate manual processes where possible. Oversee integration of financial systems and reporting tools with parent company platforms. </p></li></ul><ul><li><p>Continue to enhance the utilization of Datarails as the system of record for capturing data and formalizing month-end processes  </p></li></ul><ul><li><p>Lead the implementations scheduled for 2026 </p></li></ul><ul><li><p>Drive automation and standardization of reporting processes to meet group requirements. </p></li></ul><ul><li><p>Support implementation of group-wide financial initiatives and reporting enhancements. </p></li></ul><ul><li><p>Implement automation tools to automate revenue recognition and commission accounting. </p></li></ul><p>Payroll & Accounts Payable (15%) </p><ul><li><p>Oversee all aspects of payroll globally, for North America and Europe. </p></li></ul><ul><li><p>Train the Finance team to handle the majority of payroll preparation. </p></li></ul><ul><li><p>Design, analyze and implement any new commissions/bonus/compensation schemes required. </p></li></ul><ul><li><p>Lead various migrations </p></li></ul><ul><li><p>Review systems used for payroll and advise on any enhancements. </p></li></ul><p>Accounts Receivable: (10%) </p><ul><li><p>Oversee Accounts Receivable process. </p></li></ul><ul><li><p>Work with the CRO and the team to resolve troubled deals. </p></li></ul><ul><li><p>Review requests for amendments to contracts by Sponsor clients and ensure that any amendments are made only within company guidelines. </p></li></ul><ul><li><p>Develop strategies to negotiate payment arrangement terms with customers to meet Company collection objectives </p></li></ul><ul><li><p>Manage the invoicing process, working to increase the automation & efficiency </p></li></ul><p>Operations Finance (10%) </p><ul><li><p>Review major procurement contracts to ensure favorable commercial terms, and comparative analysis relative to previous contracts. Step in to negotiate with vendors when required in coordination with Operations. </p></li></ul><ul><li><p>Work with Operations, Marketing, Production, Recruitment and IT to prepare, review and manage Event and departmental budgets. </p></li></ul><p>Compliance & Controls (5%) </p><ul><li><p>Develop the SOX-compliant internal control framework.  </p></li></ul><ul><li><p>Maintain strong internal controls and ensure compliance with both local regulations and global company policies. </p></li></ul><ul><li><p>Implement and monitor financial governance frameworks as required by the parent organization. </p></li></ul><ul><li><p>Ensure adherence to intercompany transaction policies and transfer pricing guidelines. </p></li></ul><p>About You</p><ul><li><p>7+ years financial reporting and financial analysis experience, including 3 + years in leadership </p></li></ul><ul><li><p>CPA Designation </p></li></ul><ul><li><p>Previous systems / integration experience </p></li></ul><ul><li><p>Small to Mid-size public company exposure required </p></li></ul><p>Salary Range</p><p>$150,000-155,000/year</p><p>How to Apply </p><p>Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats. </p><p>When referencing this job, quote #458604 </p><p>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.</p><p ><p>Vaco by Highspring 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.</p></p><p ><h3>EEO Notice </h3><p>Vaco by Highspring 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.</p><p>Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring 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 <a href="mailto:HR@vaco.com">HR@vaco.com</a> .</p><p>Vaco by Highspring also wants all applicants to know their rights that <a href="https://www.eeoc.gov/poster" target="_blank" rel="noopener">workplace discrimination is illegal</a>. </p><p>By submitting to this position, you agree that you will be giving Vaco by Highspring 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 by Highspring 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 by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.</p></p><p ><h3>Privacy Notice</h3><p>Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies. </p><ul> <li>California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees <a href="https://www.vaco.com/privacy/#ccpa" target="_blank" rel="noopener">here</a>.</li> <li>Virginia residents may access our state specific policies <a href="https://www.vaco.com/privacy/" target="_blank" rel="noopener">here</a>.</li> <li>Residents of all other states may access our policies <a href="https://www.vaco.com/privacy/" target="_blank" rel="noopener">here</a>. </li> <li>Canadian residents may access our policies in English <a href="https://www.vaco.com/privacy/" target="_blank" rel="noopener">here</a> and in French <a href="https://www.vaco.com/privacy-policy-fr/" target="_blank" rel="noopener">here</a>.</li> <li>Residents of countries governed by GDPR may access our policies <a href="https://www.vaco.com/privacy/" target="_blank" rel="noopener">here</a>.</li></ul></p><p ><h3>Pay Transparency Notice</h3><p> Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:</p><ul> <li>the individual’s skill sets, experience and training;</li> <li>licensure and certification requirements;</li> <li>office location and other geographic considerations;</li> <li>other business and organizational needs.</li></ul><p>With that said, as required by local law, Vaco by Highspring 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.</p></p>
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