Group Finance Director/Controller

Posted:
12/16/2024, 4:00:00 PM

Location(s):
Ontario, Canada

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Job Summary:

Volaris (www.volarisgroup.com) acquires, strengthens and grows vertical market software companies, enabling them to be clear leaders within their focused industry. The Volaris Group is a subsidiary of Constellation Software Inc. (www.csisoftware.com), listed on the TSX (“CSU”). With over 190 companies across more than 50 countries covering more thanr 40 vertical markets, Volaris Group continues to seek long term investment opportunities in companies, technologies, or ideas that add value to existing core markets or allow entry into new ones. Volaris Group’s success is based on a decentralized business model where acquired companies retain their autonomy, gain access to training and best practices, and are never sold.

Emerging Markets is a Group of 4 businesses within the Bacchus Portfolio. In addition to supporting the organic growth goals of these businesses, we are actively looking to acquire new businesses that expand our functional and geographic coverage. Our team members are diverse, collaborative, engaging, and highly ambitious. Their dedication continues to help us grow and thrive.

Our group is searching for a strong Finance Director to join the Group reporting directly to the Group Leader, Emerging Markets. The Group Finance Director will have overall responsibility for the financial operations of the group, including finance and accounting, compliance with statutory requirements, corporate governance, risk management, and legal of a group of companies. In addition, you will be required to take on an Integration Finance Manager role to oversee business integration activities of newly acquired entities in the group. This position is right for you if you are results-oriented, have a high level of energy, have high attention to detail, and can communicate concisely. As a member of the group leadership team, you will share a passion for developing talent with a focus on building sustained long-term growth and creating a fantastic place to work. This position builds foundational knowledge to support advancement to key financial roles, such as Group CFO or Portfolio CFO.

This is a fully remote role, but the ability to meet in person on an as needed basis in Mississauga, Ontario, Canada is required.

Job Description:

The Group Finance Director will have overall responsibility for the financial operations of the group, including finance and accounting, compliance with statutory requirements, corporate governance, risk management, and legal of a group of companies. In addition, you will be required to take on an Integration Finance Manager role to oversee business integration activities of newly acquired entities in the group.  This position is right for you if you are results-oriented, have a high level of energy, have high attention to detail, and can communicate concisely. As a member of the group leadership team, you will share a passion for developing talent with a focus on building sustained long-term growth and creating a fantastic place to work.  This position builds foundational knowledge to support advancement to key financial roles, such as Group CFO or Portfolio CFO. 

KEY RESPONSIBILITIES

Management  

  • Support General Managers and functional managers to develop clear business plans, priorities and forecasts in line with +/- 5% forecast accuracy targets.
  • Lead the finance directors within supported business to deliver excellent pro-active service to stakeholders.
  • Provide strategic financial leadership on issues affecting the business.
  • Recommend and lead efforts to improve ROIC (return on invested capital), working capital and/or growth performance.

While this is a director position, when needed, you will be required to take an ‘hands on’ approach to fulfill our financial and reporting obligations.

  

Finance & Reporting  

  • Accountable for accurate and timely monthly/quarterly consolidated financial reporting to ensure compliance of internal and external reporting and requirements in accordance with IFRS,
  • Responsible for the accuracy of revenue recognition, comfortable operating under IFRS15/ASC606, including being accountable for project accounting and controlling,
  • Monitor and input on key metrics of individual customer contracts,
  • Generate, monitor, analyze and enforce Key Performance Indicators (KPI),
  • Ownership of Manage ‘Quarterly Strategic Review’ (QSR) process, using extensive Excel modeling, pipeline and costs analysis to prepare a robust forecast ,
  • Ensure execution of action points from the QSR review process.

  

Governance & Risk  

  • Apply best practices to processes, people and systems to affect revenue, profitability and cash-flow, to improve operating efficiency and performance.
  • Lead and implement introduction of new systems and processes such as new financial systems, expense management and other reporting systems.
  • Responsible for Risk Management process review, effective internal controls, policy standardization and process improvements.
  • Responsible for intercompany transactions and transfer pricing documentation.
  • Oversee and improve effective administration processes and systems for company records and contracts.
  • Stay abreast of trends and regulations to ensure effectiveness and compliance for the finance functions.

  

Legal  

  • Work closely with all functional leads to ensure projects bids and contract terms, financial and otherwise, adhere to corporate parameters.

Integration

  • Accountable for acquisition target analysis, focusing on operational and financial impacts to the investment pre and post acquisition.
  • Evaluate existing finance resources and assist in the hiring of appropriate staff as required.
  • Educate the acquired management team on finance topics with a focus on them understanding how it will operationally impact their departments.
  • Accountable to the migration of finance systems and processes to portfolio best practices, including the training of finance resources.
  • Review and analyze legal documents for acquired businesses (including customer contracts, leases, and vendor agreements) with a goal of highlighting compliance and financial risks.
  • Travel domestically and internationally for business process review and acquisition integration or due diligence.

REQUIRED COMPETENCIES / EXPERIENCE:

  • Proficient with Microsoft Office Suite, especially Excel.
  • Ability to perform under pressure and meet deadlines.
  • High integrity and personal ethics due to sensitive issues and information this role entails.
  • Desire to improve processes and systems rather than just keep the status quo.
  • Strong communication skills to work across time zones and cultural differences.
  • Well organized, detail-oriented and able to work variable hours when required.
  • Desire to support a culture of continuous learning.
  • Energetic, personable and results oriented.
  • A “can-do” attitude taking ownership; prepared to be held accountable for actions, behaviors and targets.

BENEFICIAL SKILLS / EXPERIENCE:

  • CPA
  • Thorough understanding of GAAP and IFRS for software (specifically IFRS 15 & 16)
  • Experience with BPC and GP is an asset
  • 5 or more years’ controllership and/or industry experience. Software company experience would be an asset
  • Aptitude for teaching, coaching and mentoring – previous management experience would be an asset
  • Positive, high-energy, self-motivated
  • Ability to travel
  • Excellent spoken and written English

Worker Type:

Regular

Number of Openings Available:    

0