Director Of Finance In Toronto, On

PORTA™ is Ontario's first Italian meal delivery service. PORTA's restaurant-quality dishes are handmade with authentic Italian ingredients and time-honoured techniques, bringing the taste of Italy to your home with no prep and minimal clean up. Launching in over 50 cities across Ontario, PORTA's flexible subscription model allows Ontarians to try these authentic Italian meals with ease. PORTA is a venture-backed food-tech company that is led by a team of experienced entrepreneurs, culinary geniuses, and brand builders.

The Role

Porta is looking for a strategic thinking and driven Director, Finance to join the team. Reporting to the General Manager, you will be the leader for the financial operations of our rapidly growing company and a meaningful member of the company's leadership team.

Initially, you will be a team of one (supported by an outsourced virtual accountant) so you must be a hands-on, roll up your sleeves type of contributor and should enjoy a fast-paced, start-up environment. The position requires strong FP&A and accounting skills, a strong business sense and the ability to understand the big picture while also being detail-oriented.

The role requires decision support and P&L management as well as analyzing key performance indicators related to an online subscription business including: revenue, cost of goods sold, acquisition costs, operating expenses and retention; this will require developing financial models, scenario analysis, and decision-making tools.

Requirements

• Provide strategic insights and conclusions based on financial analysis, working side-by-side with the leads of business units
• Develop and track cross-company efforts to improve gross margin and cash flow
• Create and maintain key performance metrics and dashboards to ensure the optimal operation of the business, identify initiatives for improvements that can positively impact the financial outlook of the company, including developing, tracking, and executing business initiatives with the company's leadership
• Guide planning and functional resource management (e.g. headcount, capital and/or any other targeted investment approvals, etc.) for specific business units within the company, including development of financial forecasts
• Provide inventory accounting for the business, including reviewing POs, calculating cost of goods sold and monitoring inventory levels
• Manage the outsourced accounting firm to ensure proper and meaningful reporting, appropriate management of cash flows and timely review of results
• Prepare timely and appropriately informative reports on financial performance on a weekly, monthly, quarterly, and annual basis
• Preparation of budgets, forecasts and variance analysis for the company and its departments
• Evaluate the revenue, profit, cash flow and value creation potential of new product introductions or business decisions

About You

• Great understanding of subscription / DTC drivers and metrics
• Ability to work with large sets of data to uncover and communicate insights to the broader team
• Excellent interpersonal and communication skills with a demonstrated ability to work with all levels and collaborate with partners across the organization
• Strong business sense with the ability to utilize financial data to influence company decision making
• Experienced in developing and presenting business plans, models, and financial forecasts to senior management and Board of Directors
• Detail oriented, to the point communicator, with data-oriented skills, organized and accurate
• Successful in driving process improvements and system implementations with a continuous improvement mentality
• Must thrive in a fast-paced and dynamic company environment. Strong work ethic
• Willingness to own the building of complex financial models, considering a variety of business inputs; be able to communicate the results and their impact to the business economics, accounting, tax and cash

Skills

• Bachelor's Degree in Finance/Accounting or equivalent technical discipline, or equivalent experience
• 5+ years in progressively responsible financial leadership roles
• Experience in a fast-paced, venture-backed start-up environment a plus
• Experience with subscription/DTC business models and forecasting preferred
• Proficient in with online accounting packages (e.g., QuickBooks or Xero); experience with enterprise-class financial systems a plus
• Proficient with analyzing and interpreting insights from large amounts of data
• Excellent written and verbal communication skills
• Superior analytical and problem-solving skills
• An inquisitive mind. You are always looking for data and patterns that unearth critical information that will help the company be more effective at achieving its mission
• A strong work ethic and a burning desire to build something that matters. Integrity, a sense of fairness and great teamwork
• A keen ability to not take yourself too seriously

Benefits

• Competitive salary
• Bonus plan
• Benefits
• Hybrid Work
• Free Italian food!

PORTA is committed to providing a diverse, equitable and inclusive workplace. Our people are our business and we celebrate our differences, encourage a breadth of perspectives, and offer equal opportunity for all employees to join and excel at our company. PORTAgladly provides accommodations to candidates if necessary, so please send us an email if you would like us to do that for you:[email protected]porta.com!