Qsr​/Food Services – CFO

Our client is a prepared-meals food producer and quick service restaurant chain whose products can be found in grocery stores, food courts, and its own branded locations in Canada and the US.

The grocery and restaurant categories that our client is in consistently grow at a double digit pace. Our client has capitalized well on this market trend; and there still exists a large growth opportunity for the company, particularly in the Northeastern US.

Our client is seeking a new CFO to join the senior management team, and will assume control of a team of 16 staff, to help grow the company to the next stage of its evolution.

Reporting to the CEO, the Chief Financial Officer (CFO) is responsible for providing overall strategic financial leadership across the organization. The CFO is accountable for taking executive leadership in all areas of finance and accounting.

The CFO must be a true financial and strategic contributor to the organization by partnering with the CEO and the senior management team to lead a proactive, responsible, approach to the finance function.

The CFO plays a critical role in supporting and achieving business objectives across the enterprise in collaboration with the senior leadership team. The CFO will:

• Actively participate with the senior leadership team in the establishment and execution of the company’s strategic plan
• Collaborate with the senior Executive team to support the achievement of business objectives through financial reporting
• In partnership with other senior Executives, develop and execute a Financial strategy to support the company’s current and long-term objectives
• Provide advice and counsel to the CEO and the senior leadership team, and
• Represent our client as a senior Executive in the business community where the company operates.

Ensuring the provision of the necessary financial services and resources to achieve current and future business objectives and ensuring that the management team performs their legal, fiduciary and shareholder responsibilities.

Including the development, installation and operation of systems for measuring and reporting business performance, ensuring their integrity, accuracy, reliability and timeliness. Facilitate the business planning process from strategic assessment; to capital planning and detailed operating planning, ensuring that plans and budgets are both coherent and set appropriate targets and milestones.

Combining financial and non-financial information that facilitates timely decision making and advising on, and challenging the interpretation of, this information to ensure sound business decisions.

Ensuring the availability of cost-effective financing and establishing sound cash management systems and procedures for the business. Managing the business’s finance related risks including foreign exchange risks. Developing and maintaining good relationships with banks and other financial institutions which supply services to the business.

Developing and operating procedures and systems to make payments, collect monies and post, record and authorize transactions and provisions and including ensuring the company’s transaction systems completely, accurately and reliably process the revenues and expenses of the business. Ensure the accounting records support both operational requirements and the requirements of external parties including the auditors of the Company.

Ensuring tax considerations are given appropriate weight in Company decision making and setting and supervising appropriate tax controls to ensure all statutory obligations are met on a timely basis.

Ensuring the integrity of business operations and adherence to the Company’s Code of Conduct and identifying and assessing of financial risk inherent in the business and installing policies, procedures and systems to ensure a degree of control appropriate to the risk of potential loss.