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Keynote Search: Chief Financial Officer

Keynote Search

This is a Full-time position in Ottawa, ON posted February 27, 2021.

Keynote Search is proud to partner with an established, well-known local organization as they search for their next Chief Financial Officer.Summary of roleThis organization has progressed to the point where they need a senior strategic financial leader.

They are searching for someone who will be able to oversee the full day-to-day financial operations of the company, while working to modernize, and if needed, overhaul processes to design a stronger, more strategic foundation, all while addressing inefficiencies along the way.Reporting into the President and Co-Owner, this is an opportunity for a Chief Financial Officer to truly influence the strategic direction of the company.

You will play an important role in the organization’s growth and financial prosperity.

You will be expected to determine where the opportunities for optimization are within the current financial processes and governance, so that you can suggest and implement changes towards improvement.

This is a leadership role, where you would have responsibility over three direct reports, the Procurement Manager, Director of Shared Services, and the Controller.The President sees the CFO as a key voice at the table, not only bringing with them their experience from past successes but also planning their next strategic moves forward as an organization.

Once you are up to speed in your new role, it will be a critical part of your mandate to take a step back and look holistically at their financial position in order to propose suggestions that will be beneficial and efficient long-term through internal and external investment opportunities.

This will include human capital, systems and processes that further the overall service commitment they are providing.As you create sophistication with their structure you will act as a key advisor to ownership, seek investment and tax strategies that ensure the long-term security of all stakeholders.Why should you consider this role?In one sentence you will be able to take your hands-on technical experience and apply that, along with your strategic thinking capabilities to transform the structure and reporting success of a flourishing company.

The leadership team is practical and logical.

They understand the importance of in-depth financial information and are committed to giving you the trust and accountability that is necessary for you to lead and deliver on the financial needs of the business.

You will be autonomous in your trade and will enjoy working across all levels of the organization and see your duty to underpin and ensure the success of their people, their business and their future.The last few months have presented challenges for many organizations but fortunately, the sectors this business serves has consistently shown resilience in changing markets and the firm has long-term public projects in addition to a local economy that remains buoyant, especially as it pertains to development.

They have clients in both the private and public sectors and across all commercial sectors.

Candidly, while some projects have been delayed or stalled, others have accelerated.

The outlook remains very strong for them and their leadership through the pandemic has been transparent, honest and committed.

The executive team has kept their entire team in place and has even continued to focus on growth whereas many competitors are focused purely on survival.What challenges will you face?As Chief Financial Officer, you will be playing a key role in the organization’s continued growth and financial stability.

To ensure success, you will be expected to get up to speed fairly quickly with the company’s financials, processes, project pipeline and strategic plan.

It will be up to you to determine where there are opportunities for optimization within the current processes and governance, allowing you to suggest and implement changes towards improvement.You will be a true financial leader in that you will be given a high level of autonomy to decide how to move forward in modernizing and optimizing the company, developing strategic financial planning while continuing to oversee the day to day financial operations.Is this for you?You are a driven, excited, and organized financial leader with a CPA designation, who wants the opportunity to build a strong financial base for a passionate, established, Ottawa based company.

You will have started your career in public accounting, or risen up through mid size private companies and benefit from a strong understanding of tax, likely including In-Depth tax II.You will bring strong experience within the construction, contracting or related industries where you will have gained an understanding of Work In Progress (WIP).

You will have been a senior finance leader within a private owner managed or family business.

You will be comfortable modernizing and optimizing financial systems, developing complex reporting, dashboards and KPIs.

You’ll see the group of companies as one organism and ensure the structure is efficient and effective to ensure long term prosperity.Your people management style is collaborative, supportive and committed to developing long term and loyal employees.

This is a newly created role that will require you to demonstrate value quickly, earn trust from peers and direct reports, all while driving bottom line efficiency for a company that has seen their top line grow by 1000% in less than 10 years.How will you know you have succeeded at the end of your first year?Your first year will consist of learning the business inside and out, and assessing and evaluating the financial structure, reports, systems and processes.

Initially, you will be expected to be reactive, and likely be in regular discussions with senior leadership about how the business can improve inefficiencies, securing quick wins and gaining the confidence of the President.

You will also focus your attention on tax and investment planning while working with the bank and shareholders to create a balanced cash flow strategy.

From there, you can begin to think about implementing and streamlining processes, systems, and procedures helping to strengthen the financial foundation of the organization for years to come.