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SalaryIn 2021, Open Farm raised >$80MM CAD in our latest round of funding, led by leading global growth equity firm General Atlantic, who joined Open Farm's leadership team and existing minority partner, Encore Consumer Capital on Open Farm's long-term growth journey. With annual sales growth exceeding 60 per cent over the last three years, our products can be found in over 6,000 neighbourhood pet retailers across North America as well as online at OpenFarmPet.com. Our product line is recognized as a category-leader in product innovation, with a full suite of premium offerings ranging from kibble to fresh meals and supplements. Throughout our growth journey, we have stayed true to our values, partnering with ethical sourcing partners Certified Humane®, Global Animal Partnership, and Ocean Wise Seafood to provide better quality ingredients to pets, and ensure we are sourcing ingredients in a way that respects farm animals and the planet.
In our accelerated growth journey and mission to Do Some Good® for animals and the planet, we are looking for an exceptional, innovative, mission-driven finance leader to help build a globally trusted and loved brand and scale into the most successful omni-channel and sustainability focused CPG company in the world.
Reporting to the Chief Financial Officer, the Vice President, FP&A will be an integral member of the Senior Leadership Team and a pivotal leader, responsible for developing financial strategies and plans that align with Open Farm's long-term goals and objectives. As Open Farm continues to grow, so do the size of complexities of our finance operations, so Open Farm is looking for a Vice President of Finance who has experience across a broad spectrum of finance disciplines to drive outcomes that create value.
Who We Are Looking For:
- An ambitious, well-rounded, curious, and analytical individual who thrives in a fast-paced environment.
- Someone who sets a high standard and fits in well with a best-in-class, top-notch Leadership, and investor team.
- Someone with a high degree of intellectual curiosity and innate drive to create value for the business and push growth forward.
- The opportunity to grow and develop in a mission driven, dynamic, and fast-growing company.
- The opportunity to work at a high growth winning fast paced company with annual sales growth over 60% YOY, as well as a stable future growth runway through global and channel expansion.
- The opportunity to lead a diverse range of interesting growth projects not limited to new market entry, vertical integration, current and future fund-raising opportunities, mergers and acquisitions, private equity exposure and global growth.
- Competitive salary and short-terms incentives, with an opportunity for long-term equity as part of total compensation
- Great office culture (with lots of adorable pets!) and people who are thoughtful and passionate about work and community.
- Full suite of benefits - including health benefits, RRSP matching, employee perks, and a monthly pet feeding program for someone who loves to keep their pet well fed year-round.
- Financial Leadership
- Provide strategic financial leadership to the Leadership team, guiding financial decision-making and driving long-term business success.
- Oversee Financial Planning & analysis, including accounting, budgeting, and forecasting.
- Assist in raising additional capital at appropriate valuations to enable the company to meet its long-term objectives.
- Support the creation of board packages and monthly shareholder reports.
- Ensure timeliness, accuracy and usefulness of financial management and reporting to the CFO and CEO
- Manage all short and long-term strategic financial objectives, supporting the Leadership team with vital financial information and operational analytics, and driving a culture of accountability in managing this business.
- Strategic Planning
- Collaborate with the Leadership team to develop and execute financial strategies aligned with the company's goals and objectives.
- Assess and analyze market trends, industry developments, and financial implications to support informed decision-making.
- Collaborate with cross-functional teams to create detailed financial forecasts, budgets, and long-range plans aligned with Open Farm's unique market positioning.
- Budgeting and Forecasting
- Lead the annual budget and forecasting planning cycle, using a KPI based approach to planning for both our DTC and wholesale channels, while working closely with department heads to develop accurate and achievable financial plans.
- Implement robust forecasting models to identify potential risks and opportunities, ensuring proactive management of financial performance.
- Financial Reporting and Analysis
- Bring a deep understanding of FP&A to identify areas for optimization.
- Conduct in-depth financial analysis, presenting insights and recommendations to the Leadership team for continuous improvement.
- Partner closely with internal team to provide insights and Analysis to support sales planning, supply chain and inventory Planning and omni-channel reporting.
- Risk Management and Compliance
- Develop and implement risk management strategies to safeguard the financial health of the organization.
- Ensure compliance with relevant financial regulations, reporting requirements and accounting standards.
- Team Leadership and Development
- Lead a high-performing FP&A team within the finance group that supports the success of our Wholesale, eCommerce, and Operations teams.
- Act as a trusted partner for the various teams across the organization.
- Mentor and develop finance team members to enhance their skills and capabilities.
- This role will require the person to work out of our Toronto headquarters three to four days out of the work week.
- Qualifications
- Bachelor's degree in finance, Accounting, or a related field; MBA and/or CPA preferred.
- Proven experience as a financial leader, with a minimum of 5 years in a finance leadership role
- Exceptional analytical and modelling skills, with a background focused on Financial Planning and Analysis, along with a strong understanding of financial management, budgeting, and forecasting.
- Demonstrated experience in strategic Planning and execution, with the ability to drive projects across the organization.
- Knowledge in food manufacturing or consumer packaged goods (CPG) considered a plus.
- Transaction experience not limited to initial public offering (IPO), fund raising, and Private Equity exposure considered a plus.
- Excellent communication and interpersonal skills
We Raise the Bar | We Keep the Barn Doors Open | We Graze Lightly | We Lead the Pack | We are Inspired by Our Customers | We Have Fun Doing It
Open Farm values diversity in its workforce and encourages applications from all qualified individuals. Applicants requiring a disability-related accommodation at any stage of Open Farm's recruitment process should contact karen@openfarmpet.com. As required by legislation, Open Farm will consult with applications requesting such an accommodation to ensure that Open Farm's recruitment process takes into account their accessibility needs.
