Director, Finance

Overview

The Director, Finance, Tolling Division is the senior finance leader responsible for the financial stewardship and day-to-day finance operations of the Tolling business. Reporting to the Vice President of Finance, the Director leads controllership, financial reporting, budgeting and forecasting, project finance, working-capital management, compliance and finance-team performance. The Tolling Division comprises Quarter hill's established tolling operations together with a recently acquired tolling business.

For a defined transition period, the acquired business continues to transact on the seller's finance systems and relies on services delivered by the seller under a Transition Services Agreement, while Quarter hill retains full ownership of its close, consolidation and external reporting. A defining feature of this role is therefore accountability for financial results and controls in an environment where a significant part of the underlying processing sits outside Quarter hill's direct control.

The Director is responsible for the integrity of reporting produced in that environment, for building or sourcing the capabilities that did not transfer with the business, and for leading the division's exit from transition services onto Quarter hill's own platform. The role ensures that management and Quarter hill have timely, accurate and decision-useful financial information; that financial processes and controls operate effectively;

and that the business meets its statutory, tax, audit, insurance, licensing and bonding obligations. The Director partners closely with operating leaders, Corporate Finance and the Director, Integration Management to align the business with enterprise standards while maintaining strong support for customers, contracts and operations.

• Lead the monthly, quarterly and annual close for the Tolling business, including journal entries, accruals, allocations, depreciation, account reconciliations and review of the trial balance, across both Quarter hill-operated and transition-service-supported processes.
• Operate to Quarter hill's public-company close calendar and reporting deadlines, managing the conflict with the service provider's own close timetable so that Quarter hill's obligations are never at risk.
• Stand up and operate, in-house or through governed service providers, the accounting processes that did not transfer with the business, including fixed assets, cash accounting, prepaids, deferred contract costs, lease and real estate accounting, and sales and use tax.
• Maintain complete and accurate financial statements and supporting schedules, including profit and loss, balance sheet, cash flow, accounts payable, accounts receivable and inventory.
• Deliver timely reporting to the corporate accounting team and support Quarter hill's consolidated reporting, disclosure, audit and public-company requirements under IFRS, including conversion and ongoing translation of records maintained under US GAAP in the seller's systems.
• Own contract and project revenue recognition, including percentage-of-completion estimates, contract cost capitalization and amortization, deferred contract costs and deferred revenue, with documented support that withstands external audit scrutiny.
• Analyze results against budget, forecast and prior periods; explain key drivers, risks and corrective actions to the Vice President of Finance, the CFO and business leadership.
• Establish and maintain accounting policies, close procedures, approval authorities, documentation standards and internal controls consistent with Quarter hill requirements, recognizing that during the transition period certain controls sit with the service provider and require…