Chief Financial Officer (Cfo)

Chief Financial Officer (CFO) Job Description

Title

Chief Financial Officer (CFO)

Reports To

Chief Executive Officer (CEO)

Summary

Reporting to and partnering with the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) will play a critical role in developing and implementing the financial strategy of Schouten Excavating Inc.. As a member of the senior leadership team, the CFO will be an advisor to the divisional managers, evaluating and assisting them with their financial plans and economic modeling. The CFO will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization.

Core Values

Schouten employees are what make us Schouten and all of us have these core values to one degree or another. To fit in and be successful at Schouten it is imperative that you share our values:

• We are Professional
• We are Trustworthy
• We have Integrity
• We are Innovators
• We are Problem Solvers

Core Competencies

• Accountability
• Communication
• Critical Thinking
• Decision Making
• Leadership
• Networking and Relationship Building
• Planning and Organization
• Problem Solving
• Resource and Fiscal Management
• Strategic Thinking

Job Duties

• Create, coordinate, and evaluate the financial programs and supporting information systems of the company to include budgeting, tax planning, and conservation of assets.
• Approve and coordinate changes and improvements in automated financial and management information systems for the company.
• Ensure compliance with local, provincial, and federal budgetary reporting requirements.
• Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, mass salary updates, ledger, and account maintenance and data entry.
• Coordinate the preparation of financial statements, financial reports, special analyses, and information reports.
• Develop and implement finance, accounting, billing, and auditing procedures.
• Establish and maintain appropriate internal control safeguards.
• Interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.
• Ensure records systems are maintained in accordance with generally accepted auditing standards.
• Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems.
• Analyze cash flow, cost controls, and expenses to guide business leaders. Analyze financial statements to pinpoint potential weak areas.
• Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.
• Assess organizational performance against both the annual budget and Schouten Excavating Inc.'s long-term strategy.
• Develop tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations.
• Engage the Board's finance, audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery.
• Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants (auditors, investment advisors).
• Oversee long-term budgetary planning and costs management in alignment with Schouten Excavating Inc.'s strategic plan.
• Maintain/evaluate current specialized finance systems and propose new systems if required.
• Manage cash flow and forecasting.
• Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
• Optimize the handling of banking relationships and initiate appropriate strategies to enhance cash positions.
• Oversee budgeting and the implementation of budgets so as to monitor progress and present financial metrics both internally and externally.
• Represent the company externally to media, government agencies, funding agencies, and the general public.
• Recruit, train, supervise, and evaluate department staff.
• Performs other responsibilities as necessary.

Requirements

• University Degree in Finance or Accounting.
• MBA, HBA or Master's degree in Finance or Accounting preferred.
• 5 years of experience in a senior-level finance or accounting position.
• CPA preferred.
• Experience in strategic planning and execution.
• Knowledge of contracting, negotiating, and change management.
• Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
• Knowledge of automated financial and accounting reporting systems.
• Knowledge of federal and state financial regulations.
• Ability to analyze financial data and prepare financial reports, statements, and projections.
• Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects.
• Ability to participate in and facilitate group meetings.
• Work requires willingness to work a flexible schedule.
• Extensive, experience and knowledge in dealing with accounting systems, budgets, internal controls, business planning, and asset management.
• Advanced proficiency with […] accounting software and spreadsheet programs and applications.
• Effective attention to detail and a high degree of accuracy.
• High level of integrity, confidentially, and accountability.
• Strong work ethic and positive team attitude.
• Sound analytical thinking, planning, prioritization, and execution skills.
• Ability to respond appropriately in pressure situations with a calm and steady demeanor.
• A well-defined sense of diplomacy, including solid negotiation, conflict resolution, and people management skills.
• Able to effectively communicate both verbally and in writing.
• Able to build and maintain lasting relationships with other departments, key business partners, and government agencies.
• Experience creating and managing budgets for a large, distributed organization.
• Strong problem identification and problem resolution skills.
• High level of proficiency with Microsoft Office 365 applications.
• Knowledge of best practices in internal controls

Work Conditions

• Travel may be required.
• Ability to attend and conduct presentations.
• Manual dexterity required to use desktop computer and peripherals.
• Overtime as required.

Job Types: Full-time, Permanent

Salary: $110,000.00-$130,000.00 per year

Benefits:

• Company events
• Dental care
• Extended health care
• Life insurance
• Paid time off
• RRSP match
• Vision care

Schedule:

• Day shift
• Monday to Friday

Experience:

• financial management: 3 years (required)

Licence/Certification:

• CPA (preferred)

Ability to Commute:

• Watford, ON N0M 2S0 (required)

Ability to Relocate:

• Watford, ON N0M 2S0: Relocate before starting work (required)

Work Location: In person