VP Finance and Operations

VP Finance and Operations

Gerrie Electric, is recognized as one of Canada’s Best Managed Companies and is one of Canada’s largest independent electrical distributors.  Our Core Purpose is to Passionately Help Customers Be More Successful by delivering Exceptional Customer Experiences.  We are seeking an energetic, hands-on, get it done professional looking to join our growing team.  Our Core Values are to provide an inspiring culture, integrity in all we do and a caring and nurturing family environment.

We are seeking an energetic, personable leader with drive, a can-do attitude and a track record of success in executing the overall business strategy to achieve the company goals and objectives. The incumbent needs to have cross functional operational experience to perform effective risk management, M&A experience and strength, and plan the organization’s financial strategy while improving and growing operations.

Reporting to and working directly with Ownership, the successful candidate must be a focused, self-starter who takes ownership and actively contributes as part of the Executive level decision-making team to ensure successful and collaborative attainment of the business strategies, goals and objectives.

*This role is based at our head office in Burlington*

Responsibilities

Strategy, Vision and Leadership

• Participate in key decisions as an integral member of the Executive Team
• Maintain continuous lines of communication to the ownership and Executives on all critical matters
• Advise the Executive team on financial planning, budgeting, cash flow, investment priorities, and policy matters
• Provide strategic guidance around capital financing options to support company growth needs
• Provide interpretation of financial performance against planned performance
• Effectively communicate and present critical financial and risk matters to Executive and Management
• Contribute to the development of the company strategies of both long- and short-term goals and objectives supporting tactical initiatives
• Be the financial and strategy lead in M&A negotiations to drive a successful win/win Acquisitions in our continual growth plan
• Lead, evaluate, integrate and support change management and process improvements
• Provide direction in the preparation of company financial forecasts
• Develop and nurture all relationships and negotiations with Banks and any other lending/financial institutions
• Working with external advisors (lawyers, accountants, consultants)

• Analyze and offer various alternative solutions to issues that may arise

Team Development/Leadership

• Oversee, direct, and organize Finance, AP, AR, IT, E-Commerce, Pricing with KPI’s
• Provide Financial oversight and KPI’s for the Purchasing and Operations/Logistics teams
• Mentor, develop and monitor team performance using a supportive and collaborative approach; assign accountabilities, set objectives, establish priorities, evaluate results with a clear set of KPI’s
• Promote a culture of high performance , continuous improvement that values learning, commitment to quality
• Ensure teams receive timely and appropriate training and development
• Conduct annual performance appraisals, and salary changes for team
• Oversight on compensation for the company
• Work with Regional or Branch Managers and other departments on financial metrics including impacts of inventory, fill rates, DSO, costs and expenses, and the impact on customer acquisition and retention while keeping an eye on the bottom-line results. 
• Work with the team members to understand revenue and cost drivers and define appropriate report for tracking

Operational

• Provide information, analysis and reports to focus profitability
• Direct all aspects of accounting operations, overseeing all transactions related to the general ledger, receivables, payables, payroll and financial reporting
• Analyze the company’s financial results with respect to profits, trends, projections, costs and compliance with budgets
• Oversee the administration of the company’s tax accounting activity

• Take the necessary action to ensure compliance to accounting standards for private enterprises (ASPE)

• Coordinate, prepare and review monthly, quarterly, and annual reports
• Managing all tax planning and compliance with all required federal, provincial, regional, payroll, property and other applicable taxes
• Other finance and administrative duties as required
• Responsible for all business and other insurance requirements to ensure the company is protected from all possible risks
• Oversight on negotiations of leases, leaseholds, property and maintenance

Requirements and Qualifications

• Proven track record of success in facilitation and the progress of organizational change and development, within a growing company
• Well-rounded and innovative with a solid experience in finance, acquisition and operations
• Ability to lead cross-functional teams driving strategic initiatives and process improvements
• Adept at financial analysis and necessary strategic thinking
• Excellent judgment and proactive problem-solving skills including negotiation and conflict resolution skills
• Strong mentoring, coaching experience to a team with diverse levels of experiences
• Entrepreneurial team player who can multi-task
• Superior management skills, with the ability to influence and engage direct and indirect reports and peers
• Energetic, flexible, collaborative, proactive team leader who can positively and productively impact both strategic and tactical finance
• Ability to operate as an effective tactical, as well as strategic, thinker
• Highly professional, excellent communicator, approachable, skilled at developing and leading teams, committed to quality and passionate about the business
• Strong knowledge and experience in E-Commerce is an asset
• Strong cross functional operational experience
• Minimum requirement CPA with a bachelor’s degree in Accounting, Finance or Business
• 10 years Managerial experience working in accounting and financial management
• Minimum 7 years’ experience in a senior finance management role (managing a department, financial analysis, budgeting and strategic planning experience, creating controls etc)

At Gerrie Electric, we offer a culture of inspiration and challenge, a full benefits package, and continual training. If you consider yourself to be a motivated team player and meet the requirements for this role, please visit us at www.gerrie.com to apply or apply online through Talent Nest. Only those selected for interviews will be contacted. No phone calls or agencies please. If you are selected for an interview and require accommodation due to a disability, please notify the hiring manager upon scheduling your interview.   

Proud to be one of Canada’s Best Managed Companies