Finance Manager

Role Description

Reporting to the VP Canada with a dotted line to VP Finance, MTG, the Finance Manager – MTG Canada is responsible to provide support, advice, analysis, and recommendations to MTG Canada.

Core Responsibilities

Strategic Leadership

• Leads financial analysis and financial modelling for strategic investments and operational reviews. Ultimately provides information that supports strategic decision making, forecasting, and achieving business goals.
• Provides input into the strategic direction of the business for MTG Canada.
• Make recommendations for business practices for MTG Canada that support operations and business goals.
• Ensures the internal controls of MTG Canada are sufficient and appropriate to safeguard our assets.
• Provides ongoing financial reporting and ad hoc analysis to the MTG Canada.
• Contributes to a culture that reflects the Kal Tire AIMS by leading internal initiatives that contribute to BEST careers, team member engagement, and a positive work environment.
• Acts as financial leader for continuous improvement and growth initiatives.

Accounting and Financial Operations

• Preparing and presenting Board Packages.
• Preparation of annual budget and ongoing analysis of any variances between budget and actual.
• Prepare all financial segments within tender documents.
• Preparation of Pro forma financial statements for all new business and contract renewals.
• Developing and recommending different business models.
• Oversees accounting policies and practices in Canadian operations, ensuring that the practices are adhered to, and the appropriate financial controls are in place.
• Ensures adherence to the authorization matrix and makes recommendations for change.
• Recommends appropriate credit limits for MTG Canada customers.
• Finds opportunities for improving financial practices and liaising with shared services with the goal of improving financial efficiencies, decision making, and reporting.
• Analyzes the holistic financial picture and makes recommendations for optimizing margins, and financial performance across MTG Canada operations.
• Provides periodic follow up and audit of policies to ensure compliance and liaises with internal audit.
• Develops and maintains internal controls to ensure accuracy in financial statements.
• Analyzes profit margins in various regional markets to determine cross-market performance and makes recommendations to streamline business practices.

Intelligence Business

• Ensures the chosen tool and provides relevant, timely information to MTG management.

Capital Expenditures

• Review and recommend capital expenditures.

Inventory Reporting

• Ensures that inventory levels are suitable for the business and prevailing market.

• Ensures that inventory gains or losses are adequately investigated to obtain an understanding of their underlying nature; makes recommendations for prevention of recurrences to the appropriate business managers.
• Liaison with the inventory department.

Manage MTG Administration Team

• Leads the MTG Admin Team at VO that supports the broader Canadian business, currently comprised of the following:

• MTG Canada Payroll administrator (CPA certified)

• Resolve issues and ensure compliance with CBA, Averaging agreements and other statutory requirements are met.

• OTR Inside Sales Coordinator
• OTR Analyst Coordinator

• Ensure VO administrative team provides timely, accurate, and effective support to MTG Canada

Work Experience

• Minimum 8 years accounting/finance experience
• Experience with financial analysis and modeling, which leads to improved business operations.

Knowledge, Skills and Abilities

• Knowledge of financial practices and controls.
• Ability to build relationships with key financial partners (internal and external).
• Ability to present to the Board and maintain composure when challenged.
• Ability to lead change initiatives.
• Proficient with data analysis including Power BI or similar.

Education

• Finance designation required

Special Requirements

• Flexible to travel across Canada – approximately 10%.

What We Offer

• The target salary range for this position is $104,709 to $121,755 per year based on experience.
• Comprehensive medical and dental benefits
• Employee Assistance Program
• A group RRSP/DPSP matching program
• Discount on tires and mechanical services
• Positive work culture, opportunities for growth and development, and work-life balance.
• Opportunities for professional development, such as training programs, mentorship, and tuition reimbursement.